Fairfield Care (West Dorset) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07875537

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		3,993,344		3,958,012

			3,993,344		3,958,012
CURRENT ASSETS
Debtors	4	1,797,527		171,207
Cash at bank and in hand		196,440		91,329

		1,993,967		262,536
Creditors: Amounts Falling Due Within One Year	5	(321,910 )		(155,702 )

NET CURRENT ASSETS (LIABILITIES)			1,672,057		106,834

TOTAL ASSETS LESS CURRENT LIABILITIES			5,665,401		4,064,846

Creditors: Amounts Falling Due After More Than One Year	6		(3,038,785 )		(1,913,468 )

NET ASSETS			2,626,616		2,151,378

CAPITAL AND RESERVES
Called up share capital	7		4		4
Revaluation reserve			1,094,729		1,094,729
Profit and Loss Account			1,531,883		1,056,645

SHAREHOLDERS' FUNDS			2,626,616		2,151,378

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Fairfield Care (West Dorset) Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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 Clement Sabapathy

Director

18/07/2025

The notes on pages 3 to 5 form part of these financial statements.

1. Accounting Policies

1.1. 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.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Freehold	Not depreciated
Plant & Machinery	20% Straight Line
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	20% Straight Line
Computer Equipment	20% Straight Line

2. Average Number of Employees

Average number of employees, including directors, during the year was: 45 (2023: 40)

3. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 January 2024	3,873,426	70,702	91,960	10,030	4,046,118
Additions	15,694	42,462	-	1,258	59,414

As at 31 December 2024	3,889,120	113,164	91,960	11,288	4,105,532

Depreciation
As at 1 January 2024	-	57,798	22,990	7,318	88,106
Provided during the period	-	4,126	17,243	2,713	24,082

As at 31 December 2024	-	61,924	40,233	10,031	112,188

Net Book Value
As at 31 December 2024	3,889,120	51,240	51,727	1,257	3,993,344

As at 1 January 2024	3,873,426	12,904	68,970	2,712	3,958,012

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

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Fairfield Care (West Dorset) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Cost or valuation as at 31 December 2024 represented by:

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
At cost	3,889,120	113,164	91,960	11,288	4,105,532

	3,889,120	113,164	91,960	11,288	4,105,532

4. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	128,357	154,446
Prepayments and accrued income	5,922	-
Other debtors	1,661,085	15,025
Net wages	2,163	1,736

	1,797,527	171,207

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	52,060	30,432
Bank loans and overdrafts	42,631	-
Other loans	-	3,200
Corporation tax	173,244	111,877
Other taxes and social security	46,130	32,443
Other creditors	12,125	2,750
Accruals and deferred income	(4,280 )	(25,000 )

	321,910	155,702

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

	2024	2023
	£	£
Bank loans	3,038,785	1,559,522
Directors loan account	-	353,946

	3,038,785	1,913,468

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	4	4

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Fairfield Care (West Dorset) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	60,000	-

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