FAIRFIELDS CREATIONS LIMITED


Director	MCGILLOWAY, Geoffrey Patrick


Registered Address	Unit 11 Broadgate House
	Westlode Street
	Spalding
	PE11 2AF


Registered Number	05232006 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		11,756		14,761
			11,756		14,761
Current assets
Debtors		41,948		34,145
Cash at bank and on hand		187,541		178,059
		229,489		212,204
Creditors amounts falling due within one year	4	(19,383)		(21,405)
Net current assets (liabilities)			210,106		190,799
Total assets less current liabilities			221,862		205,560
Net assets			221,862		205,560
Capital and reserves
Called up share capital			450		450
Profit and loss account			221,412		205,110
Shareholders' funds			221,862		205,560

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 24 October 2025, and are signed on its behalf by:

MCGILLOWAY, Geoffrey Patrick
Director
Registered Company No. 05232006

FAIRFIELDS CREATIONS LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 October 24	40,057	44,159	2,734	86,950
At 30 September 25	40,057	44,159	2,734	86,950
Depreciation and impairment
At 01 October 24	37,943	31,807	2,439	72,189
Charge for year	429	2,429	147	3,005
At 30 September 25	38,372	34,236	2,586	75,194
Net book value
At 30 September 25	1,685	9,923	148	11,756
At 30 September 24	2,114	12,352	295	14,761

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	7,953	7,835
Taxation and social security	9,791	12,326
Other creditors	1,639	1,244
Total	19,383	21,405


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year