Company Registration No. 08409391 (England and Wales)
FAIRFIELD ACCOUNTANTS LTD
Unaudited accounts
for the year ended 31 March 2021
FAIRFIELD ACCOUNTANTS LTD
Unaudited accounts
Contents
FAIRFIELD ACCOUNTANTS LTD
Company Information
for the year ended 31 March 2021
Company Number
08409391 (England and Wales)
Registered Office
462 Dudley Road,
Winson Green
B18 4HF
Accountants
Fairfield Accountants Ltd
462 Dudley Road
BIRMINGHAM
B18 4HF
FAIRFIELD ACCOUNTANTS LTD
Statement of financial position
as at
31 March 2021
Tangible assets
1,581
1,928
Cash at bank and in hand
59,608
15,325
Creditors: amounts falling due within one year
(50,208)
(7,143)
Net current assets
11,460
10,192
Called up share capital
150
1
Profit and loss account
12,891
12,119
Shareholders' funds
13,041
12,120
For the year ending 31 March 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 11 October 2021 and were signed on its behalf by
Muhammad Idrees
Director
Company Registration No. 08409391
FAIRFIELD ACCOUNTANTS LTD
Notes to the Accounts
for the year ended 31 March 2021
FAIRFIELD ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 08409391. The registered office is 462 Dudley Road, , Winson Green, B18 4HF.
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 accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2020
3,503
1,490
4,993
At 31 March 2021
3,503
1,490
4,993
At 1 April 2020
2,200
865
3,065
Charge for the year
234
113
347
At 31 March 2021
2,434
978
3,412
At 31 March 2021
1,069
512
1,581
At 31 March 2020
1,303
625
1,928
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
2,060
2,010
FAIRFIELD ACCOUNTANTS LTD
Notes to the Accounts
for the year ended 31 March 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
19,700
-
Taxes and social security
17,762
2,434
Loans from directors
12,746
246
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).