Accounts Submission

Accounts Submission

FAIRWAYS CONTRACTING LIMITED - Company Information

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FAIRWAYS CONTRACTING LIMITED

Company Registration Number:
04158483 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

Page 1

FAIRWAYS CONTRACTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

Page 2

FAIRWAYS CONTRACTING LIMITED

Company Information

for the Period Ended 31 March 2020




Registered office: Windmill Paddocks
Windmill Lane
Hockley Heath
West Midlands
B94 6PT
Company Registration Number: 04158483 (England and Wales)

Page 3

FAIRWAYS CONTRACTING LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
£
2019
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 1,671,737 1,309,483
Total fixed assets: 1,671,737 1,309,483
Current assets
Stocks: 479,807 215,457
Debtors: 157,782 340,133
Cash at bank and in hand: 330,770 115,965
Total current assets: 968,359 671,555
Prepayments and accrued income: 7,305 7,345
Creditors: amounts falling due within one year: ( 299,924 ) ( 474,468 )
Net current assets (liabilities): 675,740 204,432
Total assets less current liabilities: 2,347,477 1,513,915
Creditors: amounts falling due after more than one year: ( 1,691,990 ) ( 892,583 )
Provision for liabilities: ( 246,030 ) ( 215,916 )
Accruals and deferred income: ( 42,641 ) ( 43,329 )
Total net assets (liabilities): 366,816 362,087

The notes form part of these financial statements

Page 4

FAIRWAYS CONTRACTING LIMITED

Balance sheet continued

As at 31 March 2020


Notes
2020
£
2019
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 0 0
Profit and loss account: 366,716 361,987
Shareholders funds: 366,816 362,087

For the year ending 31 March 2020 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 September 2020
And Signed On Behalf Of The Board By:

Name: Richard Casserley
Status: Director

The notes form part of these financial statements

Page 5

FAIRWAYS CONTRACTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Page 6

FAIRWAYS CONTRACTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 2. Employees


    2020
    2019
    Average number of employees during the period 41 40

Page 7

FAIRWAYS CONTRACTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 3. Off balance sheet disclosure

    No

Page 8

FAIRWAYS CONTRACTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2019 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 March 2020 0
    Amortisation
    Amortisation at 01 April 2019 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 March 2020 0
    Net book value
    Net book value at 31 March 2020 0
    Net book value at 31 March 2019 0

Page 9

FAIRWAYS CONTRACTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Tangible Assets

Total
Cost £
At 01 April 2019 2,236,817
Additions 565,924
Disposals (29,874)
Revaluations 0
Transfers 0
At 31 March 2020 2,772,867
Depreciation
At 01 April 2019 927,334
Charge for year 173,796
On disposals (0)
Other adjustments 0
At 31 March 2020 1,101,130
Net book value
At 31 March 2020 1,671,737
At 31 March 2019 1,309,483

Page 10

FAIRWAYS CONTRACTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

6. Revaluation reserve


2020
£
Balance at 01 April 2019 0
Surplus or deficit after revaluation 0
Balance at 31 March 2020 0

Page 11