Fairtrade Property Services Ltd

Registered Number: 11880146 Fairtrade Property Services Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	5,470	6,837
Investments	4	725,275	725,029
		730,745	731,866
Current assets
Debtors		371,903	335,814
Cash at bank and in hand		6,420	58
		378,323	335,872
Creditors: amount falling due within one year		(307,828)	(288,212)
Net current assets		70,495	47,660

Total assets less current liabilities		801,240	779,526
Creditors: amount falling due after more than one year		(767,552)	(754,720)
Net assets		33,688	24,806

Capital and reserves
Called up share capital	5	1	1
Revaluation Reserve		7,341	7,341
Profit and loss account		26,346	17,464
Shareholders' funds		33,688	24,806

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The director of the company has elected not to include the Income Statement within the financial statements.

The financial statements were approved by the director on 27 October 2025 and were signed by:

-------------------------------
W L Zehr
Director

Fairtrade Property Services Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Fairtrade Property Services Ltd is a private company limited by shares and is incorporated in England and Wales. The address of the registered office is C/O Bluewater, Quadrant Court, 49 Calthorpe Road, Birmingham, B15 1TH. The nature of the company's operations and its principal activity was that of property investment.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 March each year, and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated.

Turnover

Turnover comprises rental income receivable during the period.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	20% Reducing Balance

Investment properties

Investment properties for which fair value can be measured reliably on an ongoing basis are measured at fair value annually with any change recognised in the profit and loss account. Unrealised gains or losses (net of related deferred tax) are transferred from retained earnings to a separate revaluation reserve.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Employees and directors' Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	20,054	812	20,866
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	20,054	812	20,866
Depreciation
At 01 April 2024	13,483	546	14,029
Charge for year	1,314	53	1,367
On disposals	-	-	-
At 31 March 2025	14,797	599	15,396
Net book values
Closing balance as at 31 March 2025	5,257	213	5,470
Opening balance as at 01 April 2024	6,571	266	6,837

Investments

Cost	Investments in group undertakings	Other investments other than loans	Total
	£	£	£
At 01 April 2024	29	725,000	725,029
Additions	246	-	246
Disposals	-	-	-
At 31 March 2025	275	725,000	725,275

Other investments other than loans comprise of investment properties held by the company which are held at fair value.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Ordinary shares of £0.01 each	1		1
	1		1

Registered Number: 11880146
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
FAIRTRADE PROPERTY SERVICES LTD