Company No: 08106346 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Andrea Chechelev (Appointed 01 April 2025)
	Geoffrey Charles Fairclough

REGISTERED OFFICE	55a Neal Street
	London
	WC2H 9PJ
	United Kingdom

COMPANY NUMBER

08106346 (England and Wales)

	Note	31.01.2026		31.03.2025
		£		£
Fixed assets
Investments	4	201,420		138,434
		201,420		138,434
Current assets
Debtors	5	500,970		1,009,936
Cash at bank and in hand		918,365		530,875
		1,419,335		1,540,811
Creditors: amounts falling due within one year	6	( 118,045)		( 169,055)
Net current assets		1,301,290		1,371,756
Total assets less current liabilities		1,502,710		1,510,190
Creditors: amounts falling due after more than one year	7	( 116,248)		( 30,682)
Net assets		1,386,462		1,479,508
Capital and reserves
Called-up share capital		100		100
Profit and loss account		1,386,362		1,479,408
Total shareholder's funds		1,386,462		1,479,508

For the financial period ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Geoffrey Fairclough Limited (registered number: 08106346) were approved and authorised for issue by the Board of Directors on 05 October 2026. They were signed on its behalf by:

Geoffrey Charles Fairclough Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Geoffrey Fairclough Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 55a Neal Street, London, WC2H 9PJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The company's principal activities and the nature of its operation are disclosed in the Directors' Report.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Reporting period length

The reporting period length has been shortened to 31 January 2026.

Turnover

Turnover represents profit share from investments, consultancy and director's fees.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc.

4 years straight line

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

2. Employees

	Period from 01.04.2025 to 31.01.2026		Year ended 31.03.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2025	8,834		8,834
At 31 January 2026	8,834		8,834
Accumulated depreciation
At 01 April 2025	8,834		8,834
At 31 January 2026	8,834		8,834
Net book value
At 31 January 2026	0		0
At 31 March 2025	0		0

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation
At 01 April 2025	138,434		138,434
Additions	170,770		170,770
Disposals	( 107,784)		( 107,784)
At 31 January 2026	201,420		201,420
Carrying value at 31 January 2026	201,420		201,420
Carrying value at 31 March 2025	138,434		138,434

5. Debtors

	31.01.2026		31.03.2025
	£		£
Amounts owed by directors	260,636		30,924
VAT recoverable	0		920
Other debtors	240,334		978,092
	500,970		1,009,936

Included within other debtors are £76,414 (2024: £405,800) of practice debtors.

6. Creditors: amounts falling due within one year

	31.01.2026		31.03.2025
	£		£
Bank loans	1,747		5,160
Other taxation and social security	468		0
Other creditors	115,830		163,895
	118,045		169,055

7. Creditors: amounts falling due after more than one year

	31.01.2026		31.03.2025
	£		£
Bank loans	0		1,201
Other creditors	116,248		29,481
	116,248		30,682

There are no amounts included above in respect of which any security has been given by the small entity.

8. Related party transactions

Transactions with the entity's directors

	31.01.2026		31.03.2025
	£		£
Mr G Fairclough	0		0
Balance outstanding at start of period	30,924		419,120
Amounts advanced	892,536		317,004
Amounts repaid	(662,825)		(705,200)
Balance outstanding at the end of the period	260,635		30,924

Interest is charged on the loan at the official rate £4,556. The loan is repayable on demand.

The overdrawn balance of £260,636 was repaid as follows:
8 April 2026 Dividend £60,000
6 May 2026 Transfer of shares in Haines Watts South West Investments Limited £190,000
23 September 2026 Dividend £10,636

No tax is chargeable on the overdrawn Directors loan account.