Silverfin false false 30/04/2025 01/05/2024 30/04/2025 R A Rahim 18/09/2020 A El-Sayed 01/01/2025 C L Hildrew 18/09/2020 J Lynch 17/04/2019 N J Mackay 18/09/2020 N L Mcgeehan 17/04/2019 T E Staines 01/01/2025 G M Van Gulik 31/12/2024 18/09/2020 07 October 2025 The principal activity of the Company during the financial year was educational research. 11952483 2025-04-30 11952483 bus:Director1 2025-04-30 11952483 bus:Director2 2025-04-30 11952483 bus:Director3 2025-04-30 11952483 bus:Director4 2025-04-30 11952483 bus:Director5 2025-04-30 11952483 bus:Director6 2025-04-30 11952483 bus:Director7 2025-04-30 11952483 bus:Director8 2025-04-30 11952483 core:CurrentFinancialInstruments 2025-04-30 11952483 core:CurrentFinancialInstruments 2024-04-30 11952483 2024-04-30 11952483 core:ShareCapital 2025-04-30 11952483 core:ShareCapital 2024-04-30 11952483 core:RetainedEarningsAccumulatedLosses 2025-04-30 11952483 core:RetainedEarningsAccumulatedLosses 2024-04-30 11952483 2024-05-01 2025-04-30 11952483 bus:FilletedAccounts 2024-05-01 2025-04-30 11952483 bus:SmallEntities 2024-05-01 2025-04-30 11952483 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 11952483 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11952483 bus:Director1 2024-05-01 2025-04-30 11952483 bus:Director2 2024-05-01 2025-04-30 11952483 bus:Director3 2024-05-01 2025-04-30 11952483 bus:Director4 2024-05-01 2025-04-30 11952483 bus:Director5 2024-05-01 2025-04-30 11952483 bus:Director6 2024-05-01 2025-04-30 11952483 bus:Director7 2024-05-01 2025-04-30 11952483 bus:Director8 2024-05-01 2025-04-30 11952483 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Company No: 11952483 (England and Wales)

# FAIRSQUARE PROJECTS

### Unaudited Financial Statements
For the financial year ended 30 April 2025
Pages for filing with the registrar

FAIRSQUARE PROJECTS

## Unaudited Financial Statements

For the financial year ended 30 April 2025

Contents

FAIRSQUARE PROJECTS

## BALANCE SHEET

As at 30 April 2025
FAIRSQUARE PROJECTS

## BALANCE SHEET (continued)

As at 30 April 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 3,557 |  | 3,045
Cash at bank and in hand |  | 198,873 |  | 243,339
|  | 202,430 |  | 246,384
Creditors: amounts falling due within one year | 4 | ( 201,089) |  | ( 245,743)
Net current assets |  | 1,341 |  | 641
Total assets less current liabilities |  | 1,341 |  | 641
Net assets |  | 1,341 |  | 641
Capital and reserves |  |  |  |
Called-up share capital |  | 0 |  | 0
Profit and loss account |  | 1,341 |  | 641
Total shareholders' funds |  | 1,341 |  | 641

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Fairsquare Projects (registered number: 11952483) were approved and authorised for issue by the Board of Directors on 07 October 2025. They were signed on its behalf by:

J Lynch Director |

FAIRSQUARE PROJECTS

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025
FAIRSQUARE PROJECTS

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Fairsquare Projects (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 133a Rye Lane, London, SE15 4BQ, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

##### Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.
The company recognises revenue when:
- The amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

##### Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

##### Trade and other debtors

Trade and other debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment, except where the effect of discounting would be immaterial. In such cases debtors are stated at transaction price less impairment losses. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the transaction.

##### Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

##### Trade and other creditors

Trade and other creditors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, except where the effect of discounting would be immaterial. In such cases creditors are stated at transaction price.

##### Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Financial assets are classified as financial assets at fair value through profit or loss, loans and debtors, held-to-maturity investments, available-for-sale financial assets, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial assets at initial recognition.
Financial liabilities are classified as financial liabilities at fair value through profit and loss, loans and borrowings, trade and other creditors, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial liabilities at initial recognition.
Recognition and measurement
All financial instruments are recognised initially at fair value plus transaction costs. Thereafter financial instruments are stated at amortised cost using the effective interest rate method (less impairment where appropriate) unless the effect of discounting would be immaterial in which case they are stated at cost (less impairment where appropriate). The exception to this are those financial instruments where it is a requirement to continue recording them at fair value through profit and loss.
Impairment
Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 5 |  | 5

#### 3. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 3,557 |  | 3,045

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 3,065 |  | 1,891
Other creditors | 198,024 |  | 243,852
| 201,089 |  | 245,743