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Registered number: 03883586
Fairfax Europe Limited
ACCOUNTS
FOR THE YEAR ENDED 30/11/2025
Prepared By:
Diamond Accounting Services
23 Melford Drive
Maidstone
Kent
ME16 0UN
Fairfax Europe Limited
ACCOUNTS
FOR THE YEAR ENDED 30/11/2025
DIRECTOR
Robert Brightman
REGISTERED OFFICE
Bellfield, Plough Wents Road
Chart Sutton
Maidstone
Kent
ME17 3RU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03883586
ACCOUNTANTS
Diamond Accounting Services
23 Melford Drive
Maidstone
Kent
ME16 0UN
Fairfax Europe Limited
ACCOUNTS
FOR THEYEARENDED30/11/2025
CONTENTS
Page
Director's Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Fairfax Europe Limited
BALANCE SHEET AT 30/11/2025
20252024
Notes££
FIXED ASSETS
Tangible assets31,522927
CURRENT ASSETS
Stock155,070176,009
Debtors5173,763141,536
Cash at bank and in hand96,38686,852
425,219404,397
CREDITORS: Amounts falling due within one year684,92756,022
NET CURRENT ASSETS340,292348,375
TOTAL ASSETS LESS CURRENT LIABILITIES341,814349,302
CREDITORS: Amounts falling due after more than one year7-5,384
NET ASSETS341,814343,918
CAPITAL AND RESERVES
Called up share capital822
Profit and loss account341,812343,916
SHAREHOLDERS' FUNDS341,814343,918
For the year ending 30/11/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/08/2026 and signed on their behalf by
.............................
Robert Brightman
Director
Fairfax Europe Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees11
Fairfax Europe Limited
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/12/202419,34519,345
Additions1,1021,102
At 30/11/202520,44720,447
Depreciation
At 01/12/202418,41818,418
For the year507507
At 30/11/202518,92518,925
Net Book Amounts
At 30/11/20251,5221,522
At 30/11/2024927927
4. STOCK 20252024
££
Stock comprises:
Stock155,070176,009
155,070176,009
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors27,25016,920
VAT14,314-
Director current account132,199124,616
173,763141,536
Fairfax Europe Limited
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax16,58214,832
VAT-5,110
Bank Loan4,98110,008
Credit card13,3516,279
Trade creditors43,15514,053
Other creditors3,4582,740
Accruals3,4003,000
84,92756,022
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (unsecured) >1yr-5,384
-5,384
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22