Company Registration No. 07902595 (England and Wales)
Fairplace Homes Ltd
Unaudited accounts
for the year ended 31 January 2026
Fairplace Homes Ltd
Unaudited accounts
Contents
Fairplace Homes Ltd
Company Information
for the year ended 31 January 2026
Directors
Eluzer Goldberg
Sarah-Joy Lewis
Hannah Manyewu
Company Number
07902595 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
UNITED KINGDOM
WC2H 9JQ
ENGLAND
Fairplace Homes Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
800,000
800,000
Cash at bank and in hand
52,668
63,221
Creditors: amounts falling due within one year
(41,272)
(20,227)
Net current assets
260,637
1,321,686
Total assets less current liabilities
1,060,637
2,121,686
Creditors: amounts falling due after more than one year
(800,000)
(800,000)
Net assets
260,637
1,321,686
Called up share capital
1
1
Profit and loss account
260,636
1,321,685
Shareholders' funds
260,637
1,321,686
For the year ending 31 January 2026 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2026 and were signed on its behalf by
Eluzer Goldberg
Director
Company Registration No. 07902595
Fairplace Homes Ltd
Notes to the Accounts
for the year ended 31 January 2026
Fairplace Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 07902595. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, UNITED KINGDOM, WC2H 9JQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The functional currency of the Company is Pounds Sterling (£) because that is the currency of the primary economic environment in which the Company operates. The financial statements are also presented in pounds sterling. Monetary amounts included in these financial statements have been rounded to the nearest £.
These financial statements have been prepared on a going basis which assumes an ability to continue operating for the foreseeable future, being a period of at least twelve months after the date on which the financial statements are signed. The Directors have not identified any material uncertainties or events that may cast significant doubt about the ability of the Company to continue as a going concern.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost
Fairplace Homes Ltd
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Land & buildings
At 1 February 2025
800,000
At 31 January 2026
800,000
At 31 January 2026
800,000
At 31 January 2025
800,000
Amounts falling due within one year
Amounts due from group undertakings etc.
49,241
-
Amounts falling due after more than one year
Amounts due from group undertakings etc.
200,000
1,278,692
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
21,769
19,777
Other creditors
19,503
450
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
7
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
800,000
800,000
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Fairplace Homes Ltd
Notes to the Accounts
for the year ended 31 January 2026
9
Transactions with related parties
During the year, the company paid dividends of £1,078,692 to its parent undertaking. No dividends remained payable at the year end.
At the year end, £200,000 was owed to the company by its parent undertaking and is included within debtors as amounts owed by group undertakings.
At the year end, £49,241 was owed to the company by another company controlled by its ultimate controlling shareholder. This amount is included within other debtors.
10
Average number of employees
During the year the average number of employees was 1 (2025: 1).