Fairways Electrical Services Limited

Registered number

04526696

Filleted Accounts

30 September 2025

Fairways Electrical Services Limited
Registered number:		04526696
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		23,887			663

Current assets
Debtors	4	9,853			11,917
Cash at bank and in hand		212,894			228,729
		222,747			240,646

Creditors: amounts falling due within one year	5	(17,747)			(22,242)

Net current assets			205,000			218,404

Total assets less current liabilities			228,887			219,067


Provisions for liabilities			(4,538)			-


Net assets			224,349			219,067

Capital and reserves
Called up share capital			100			100
Profit and loss account			224,249			218,967

Shareholders' funds			224,349			219,067

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Steve Roy Harris
Director
Approved by the board on 8 January 2026

Fairways Electrical Services Limited
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery etc	25% Reducing Balance
	Equipment, fixtures & fittings	25% Reducing Balance
	Vehicles	25% Reducing Balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		2
	including directors

3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 October 2024	4,938		12,883		17,821
	Additions	-		31,594		31,594
	Disposals	-		(12,883)		(12,883)
	At 30 September 2025	4,938		31,594		36,532

	Depreciation
	At 1 October 2024	4,683		12,475		17,158
	Charge for the year	64		7,899		7,963
	On disposals	-		(12,476)		(12,476)
	At 30 September 2025	4,747		7,898		12,645

	Net book value
	At 30 September 2025	191		23,696		23,887
	At 30 September 2024	255		408		663


4	Debtors			2025		2024
£					£

	Trade debtors			9,284		10,285
	Deferred tax asset			-		101
	Other debtors			569		1,531
				9,853		11,917


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			229		134
	Taxation and social security costs			11,513		18,026
	Other creditors			6,005		4,082
				17,747		22,242


6	Other information

	Fairways Electrical Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Fairways
	8 Oakhurst Drive
	Waterlooville
	Hampshire
	PO7 7PN