Fairbanks Property Investments Ltd 10800482 false 2024-11-01 2025-10-31 2025-10-31 The principal activity of the company is 68100, 68209 Digita Accounts Production Advanced 6.30.9574.0 true 10800482 2024-11-01 2025-10-31 10800482 2025-10-31 10800482 core:RetainedEarningsAccumulatedLosses 2025-10-31 10800482 core:RevaluationReserve 2025-10-31 10800482 core:ShareCapital 2025-10-31 10800482 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 10800482 core:Non-currentFinancialInstruments 2025-10-31 10800482 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 10800482 core:FurnitureFittingsToolsEquipment 2025-10-31 10800482 bus:SmallEntities 2024-11-01 2025-10-31 10800482 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 10800482 bus:FullAccounts 2024-11-01 2025-10-31 10800482 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 10800482 bus:RegisteredOffice 2024-11-01 2025-10-31 10800482 bus:Director1 2024-11-01 2025-10-31 10800482 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10800482 bus:Agent1 2024-11-01 2025-10-31 10800482 core:FurnitureFittingsToolsEquipment 2024-11-01 2025-10-31 10800482 core:OfficeEquipment 2024-11-01 2025-10-31 10800482 countries:EnglandWales 2024-11-01 2025-10-31 10800482 2024-10-31 10800482 core:FurnitureFittingsToolsEquipment 2024-10-31 10800482 2023-11-01 2024-10-31 10800482 2024-10-31 10800482 core:RetainedEarningsAccumulatedLosses 2024-10-31 10800482 core:RevaluationReserve 2024-10-31 10800482 core:ShareCapital 2024-10-31 10800482 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 10800482 core:Non-currentFinancialInstruments 2024-10-31 10800482 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 iso4217:GBP xbrli:pure

Registration number: 10800482

Fairbanks Property Investments Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 October 2025

Fairbanks Property Investments Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Fairbanks Property Investments Ltd

Company Information

Director | Mr Jeffrey Fairbanks

Registered office | 1 Market Hill Calne Wiltshire England SN11 0BT

Accountants | RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Fairbanks Property Investments Ltd

(Registration number: 10800482)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 6 | 220,000 | 230,500
Current assets |  |  |
Cash at bank and in hand |  | 25 | 25
Creditors: Amounts falling due within one year | 7 | (37,141) | (42,255)
Net current liabilities |  | (37,116) | (42,230)
Total assets less current liabilities |  | 182,884 | 188,270
Creditors: Amounts falling due after more than one year | 7 | (295,771) | (287,400)
Provisions for liabilities |  | (6,729) | (8,724)
Net liabilities |  | (119,616) | (107,854)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Revaluation reserve |  | 28,685 | 37,190
Retained earnings |  | (148,401) | (145,144)
Shareholders' deficit |  | (119,616) | (107,854)

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 6 July 2026

......................................... Mr Jeffrey Fairbanks Director

Fairbanks Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Market Hill
Calne
Wiltshire
SN11 0BT
England

These financial statements were authorised for issue by the director on 6 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% Straight Line

Investment property

The fair value of the property at 31st October 2022 has been arrived on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer.

Fairbanks Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

2 | Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Loss before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | - | 55

Fairbanks Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 November 2024 | 220 | 220
Disposals | (220) | (220)
At 31 October 2025 | - | -
Depreciation
At 1 November 2024 | 220 | 220
Eliminated on disposal | (220) | (220)
At 31 October 2025 | - | -
Carrying amount
At 31 October 2025 | - | -

6 | Investment properties

| 2025 £
At 1 November | 230,500
Fair value adjustments | (10,500)
At 31 October | 220,000

The fair value of the property at 31st October 2025 has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation of £220,000 was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated.

Fairbanks Property Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | (1) | (77)
Accruals and deferred income | 1,728 | 1,728
Other creditors | 35,414 | 40,604
| 37,141 | 42,255

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 238,160 | 238,160
Other financial liabilities |  | 57,611 | 49,240
|  | 295,771 | 287,400

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 238,160 | 238,160