FAIRWAYS GARAGES LTD

FAIRWAYS GARAGES LTD

FAIRWAYS GARAGES LTD - Company Information

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1 November 2020 false No description of principal activity Taxfiler 2022.4.1 05264037business:PrivateLimitedCompanyLtd2020-11-012021-10-31 052640372020-10-31 052640372020-11-012021-10-31 05264037business:AuditExempt-NoAccountantsReport2020-11-012021-10-31 05264037business:FullAccounts2020-11-012021-10-31 052640372021-10-31 05264037business:Director12020-11-012021-10-31 05264037business:RegisteredOffice2020-11-012021-10-31 052640372020-10-31 05264037core:WithinOneYear2021-10-31 05264037core:WithinOneYear2020-10-31 05264037core:CapitalRedemptionReserve2021-10-31 05264037core:CapitalRedemptionReserve2020-10-31 05264037core:RetainedEarningsAccumulatedLosses2021-10-31 05264037core:RetainedEarningsAccumulatedLosses2020-10-31 05264037business:SmallEntities2020-11-012021-10-31 05264037countries:EnglandWales2020-11-012021-10-31 052640372019-11-012020-10-31 iso4217:GBP xbrli:pure
Company Registration No. 05264037 (England and Wales)
FAIRWAYS GARAGES LTD Unaudited accounts for the year ended 31 October 2021
FAIRWAYS GARAGES LTD Unaudited accounts Contents
Page
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FAIRWAYS GARAGES LTD Company Information for the year ended 31 October 2021
Director
Mr J Puttock
Company Number
05264037 (England and Wales)
Registered Office
NEW HALL NEW HALL CLOSE DYMCHURCH ROMNEY MARSH KENT TN29 0LE GB
Accountants
Track Accountancy Ltd Williamson House Wotton Road Ashford Kent TN23 6LW
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FAIRWAYS GARAGES LTD Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
4
- 
5,630 
Cash at bank and in hand
24,329 
487 
24,329 
6,117 
Creditors: amounts falling due within one year
5
(16,831)
(4,540)
Net current assets
7,498 
1,577 
Net assets
7,498 
1,577 
Capital and reserves
Capital redemption reserve
1,577 
- 
Profit and loss account
5,921 
1,577 
Shareholders' funds
7,498 
1,577 
For the year ending 31 October 2021 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 director acknowledges his 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 and authorised for issue on 3 May 2022 and were signed on its behalf by
Mr J Puttock Director Company Registration No. 05264037
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FAIRWAYS GARAGES LTD Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
FAIRWAYS GARAGES LTD is a private company, limited by shares, registered in England and Wales, registration number 05264037. The registered office is NEW HALL NEW HALL CLOSE, DYMCHURCH, ROMNEY MARSH, KENT, TN29 0LE, GB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in sterling.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
3,416 
Trade debtors
- 
2,214 
- 
5,630 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
4,443 
- 
Trade creditors
- 
(6,830)
Taxes and social security
1,388 
370 
Loans from directors
11,000 
11,000 
16,831 
4,540 
6
Average number of employees
During the year the average number of employees was 4 (2020: 4).
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