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Company Registration No. 12453568 (England and Wales)
Fair Nest Properties Limited Unaudited accounts for the year ended 28 February 2025
Fair Nest Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Fair Nest Properties Limited Company Information for the year ended 28 February 2025
Director
BANDI, Chandra Mohan
Company Number
12453568 (England and Wales)
Registered Office
124 ACRE ROAD KINGSTON UPON THAMES KT2 6EN ENGLAND
Accountants
Advice4accounts ltd 101a Melton road Leicester Leicester United Kingdom LE4 6PN
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Fair Nest Properties Limited Statement of financial position as at 28 February 2025
2025
Notes
£
Fixed assets
Tangible assets
4
240,000
Current assets
Cash at bank and in hand
(217)
Creditors: amounts falling due within one year
5
(33,648)
Net current liabilities
(33,865)
Total assets less current liabilities
206,135
Creditors: amounts falling due after more than one year
6
(167,923)
Net assets
38,212
Capital and reserves
Profit and loss account
38,212
Shareholders' funds
38,212
For the year ending 28 February 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 November 2025 and were signed on its behalf by
BANDI, Chandra Mohan Director Company Registration No. 12453568
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Fair Nest Properties Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Fair Nest Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12453568. The registered office is 124 ACRE ROAD, KINGSTON UPON THAMES, KT2 6EN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Revaluation is done every year end.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At valuation
At cost
At 1 March 2024
-
211,000
211,000
Revaluations
29,000
-
29,000
At 28 February 2025
29,000
211,000
240,000
Depreciation
At 28 February 2025
-
-
-
Net book value
At 28 February 2025
29,000
211,000
240,000
5
Creditors: amounts falling due within one year
2025
£
Other creditors
1,096
Loans from directors
32,072
Accruals
480
33,648
- 5 -
Fair Nest Properties Limited Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due after more than one year
2025
£
Bank loans
167,923
7
Average number of employees
During the year the average number of employees was 0.
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