FAIRDEAL ESTATES LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09989755

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		215,940		215,940

			215,940		215,940
CURRENT ASSETS
Debtors	5	3,875		3,225
Cash at bank and in hand		4,238		6,003

		8,113		9,228
Creditors: Amounts Falling Due Within One Year	6	(12,796 )		(10,196 )

NET CURRENT ASSETS (LIABILITIES)			(4,683 )		(968 )

TOTAL ASSETS LESS CURRENT LIABILITIES			211,257		214,972

Creditors: Amounts Falling Due After More Than One Year	7		(188,978 )		(188,978 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,600 )		(6,600 )

NET ASSETS			15,679		19,394

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			15,678		19,393

SHAREHOLDERS' FUNDS			15,679		19,394

Page 1

Page 2

FAIRDEAL ESTATES LTD

Balance Sheet (continued)

As At 28 February 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Joseph Stern

Director

30th November 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

FAIRDEAL ESTATES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09989755 . The registered office is 88 Queen Elizabeth Walk, London, N16 5UQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration rent received or receivable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold

Nil

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 29 February 2024	215,940

As at 28 February 2025	215,940

Net Book Value
As at 28 February 2025	215,940

As at 29 February 2024	215,940

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	3,285	2,635
Amounts owed by group undertakings	590	590

	3,875	3,225

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	12,516	9,916
Accruals and deferred income	280	280

	12,796	10,196

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FAIRDEAL ESTATES LTD

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	188,978	188,978

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 1.000 each	1	1

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr Joseph Stern by virtue of his ownership of 100% of the issued share capital in the company.