Registered number
01321078
Fieldham Properties Ltd
Filleted Accounts
31 August 2021
Fieldham Properties Ltd
Registered number: 01321078
Balance Sheet
as at 31 August 2021
Notes 2021 2020
£ £
Fixed assets
Tangible assets 3 200,000 200,000
Investments 4 5,205,200 5,205,200
5,405,200 5,405,200
Current assets
Debtors 5 113,229 130,300
Cash at bank and in hand 4,878 132,250
118,107 262,550
Creditors: amounts falling due within one year 6 (6,462) (7,378)
Net current assets 111,645 255,172
Net assets 5,516,845 5,660,372
Capital and reserves
Called up share capital 100 100
Revaluation reserve 7 162,000 162,000
Profit and loss account 5,354,745 5,367,120
Shareholders' funds 5,516,845 5,529,220
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D M Lee
Director
Approved by the board on 4 August 2022
Fieldham Properties Ltd
Notes to the Accounts
for the year ended 31 August 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 September 2020 200,000
At 31 August 2021 200,000
Depreciation
At 31 August 2021 -
Net book value
At 31 August 2021 200,000
At 31 August 2020 200,000
Freehold land and buildings: 2021 2020
£ £
Historical cost 38,000 1,600,592
Cumulative depreciation based on historical cost - -
38,000 1,600,592
4 Investments
Other
investments
£
Cost
At 1 September 2020 5,205,200
At 31 August 2021 5,205,200
5 Debtors 2021 2020
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 113,229 130,000
6 Creditors: amounts falling due within one year 2021 2020
£ £
Trade creditors 4,875 -
Other creditors 1,587 7,378
6,462 7,378
7 Revaluation reserve 2021 2020
£ £
At 1 September 2020 162,000 162,000
At 31 August 2021 162,000 162,000
8 Other information
Fieldham Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
c/o B Olsberg &Co
Chartered Accountants
Room 9 Enterprise House
3 Middleton Rd
Manchester M8 5DT
Fieldham Properties Ltd 01321078 false 2020-09-01 2021-08-31 2021-08-31 VT Final Accounts April 2022 D M Lee No description of principal activity 01321078 2019-09-01 2020-08-31 01321078 core:WithinOneYear 2020-08-31 01321078 core:ShareCapital 2020-08-31 01321078 core:OtherReservesSubtotal 2020-08-31 01321078 core:RetainedEarningsAccumulatedLosses 2020-08-31 01321078 core:RevaluationReserve 2019-08-31 01321078 2020-09-01 2021-08-31 01321078 bus:PrivateLimitedCompanyLtd 2020-09-01 2021-08-31 01321078 bus:AuditExempt-NoAccountantsReport 2020-09-01 2021-08-31 01321078 bus:Director40 2020-09-01 2021-08-31 01321078 1 2020-09-01 2021-08-31 01321078 2 2020-09-01 2021-08-31 01321078 countries:England 2020-09-01 2021-08-31 01321078 bus:FRS102 2020-09-01 2021-08-31 01321078 bus:FullAccounts 2020-09-01 2021-08-31 01321078 2021-08-31 01321078 core:WithinOneYear 2021-08-31 01321078 core:ShareCapital 2021-08-31 01321078 core:OtherReservesSubtotal 2021-08-31 01321078 core:RetainedEarningsAccumulatedLosses 2021-08-31 01321078 core:LandBuildings 2021-08-31 01321078 core:RevaluationReserve 2021-08-31 01321078 2020-08-31 01321078 core:LandBuildings 2020-08-31 01321078 core:RevaluationReserve 2020-08-31 iso4217:GBP xbrli:pure