Caseware UK (AP4) 2025.0.111 2025.0.111 2025-06-30 2025-06-30 2 true false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true 2024-07-01 false Development of building projects 2 03718835 2024-07-01 2025-06-30 03718835 2023-07-01 2024-06-30 03718835 2025-06-30 03718835 2024-06-30 03718835 c:Director2 2024-07-01 2025-06-30 03718835 d:CurrentFinancialInstruments 2025-06-30 03718835 d:CurrentFinancialInstruments 2024-06-30 03718835 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 03718835 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 03718835 d:ShareCapital 2025-06-30 03718835 d:ShareCapital 2024-06-30 03718835 d:RetainedEarningsAccumulatedLosses 2025-06-30 03718835 d:RetainedEarningsAccumulatedLosses 2024-06-30 03718835 c:OrdinaryShareClass1 2024-07-01 2025-06-30 03718835 c:OrdinaryShareClass1 2025-06-30 03718835 c:FRS102 2024-07-01 2025-06-30 03718835 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 03718835 c:FullAccounts 2024-07-01 2025-06-30 03718835 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03718835 e:PoundSterling 2024-07-01 2025-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 03718835 FAIRBUILD HOMES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
FAIRBUILD HOMES LIMITED
CONTENTS
| Page
Statement of Financial Position | 1
Notes to the Financial Statements | 2 - 4
FAIRBUILD HOMES LIMITED REGISTERED NUMBER:03718835
STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks |  | 3,500,000 |  | 3,646,729 |
Debtors: amounts falling due within one year | 4 | 2,067 |  | 42,301 |
Cash at bank and in hand |  | 3,748 |  | 310,722 |
|  | 3,505,815 |  | 3,999,752 |
Current Liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 5 | (2,995,349) |  | (3,378,811) |
Net current assets |  |  | 510,466 |  | 620,941
Net assets |  |  | 510,466 |  | 620,941
Capital and reserves |  |  |  |  |
Called up share capital | 6 |  | 2 |  | 2
Profit and loss account |  |  | 510,464 |  | 620,939
|  |  | 510,466 |  | 620,941
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 March 2026.
J A Carey
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
FAIRBUILD HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Fairbuild Homes Limited is a private company limited by shares incorporated in England and Wales. The registered office is Chessbord, Troutstream Way, Loudwater, Rickmansworth, Hertfordshire, WD3 4LA. The principle activity of the company is that of property development. The company's functional and presentational currency is £ sterling. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover is recognised at the fair value of the consideration received or receivable for sale and rental of property provided in the normal course of business, and is shown net of VAT and other sales related taxes.
| 2.3 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.4 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present condition. Page 2
FAIRBUILD HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Basic financial instruments
The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash and cash equivalents, and loans to or from related parties. Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties Cash and cash equivalents comprise cash balances and call deposits.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 632 | 38,031
| Prepayments | 1,435 | 4,270
|  | 2,067 | 42,301
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 2,980,448 | 3,374,205
| Accruals | 14,901 | 4,606
|  | 2,995,349 | 3,378,811
Page 3
FAIRBUILD HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
6. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2 Ordinary shares of £1 each | 2 | 2
Page 4