Company Registration No. 04688190 (England and Wales)
FIELDING ACCOUNTANCY SERVICES LIMITED
Unaudited accounts
for the year ended 31 March 2023
FIELDING ACCOUNTANCY SERVICES LIMITED
Unaudited accounts
Contents
FIELDING ACCOUNTANCY SERVICES LIMITED
Company Information
for the year ended 31 March 2023
Company Number
04688190 (England and Wales)
Registered Office
48 Beechcroft Road
Bushey
Herts
WD23 2JU
Accountants
Fielding Accountancy Services Ltd
48 Beechcroft Road
Bushey
Herts
WD23 2JU
FIELDING ACCOUNTANCY SERVICES LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
29,418
27,402
Cash at bank and in hand
46,126
38,346
Creditors: amounts falling due within one year
(50,512)
(48,406)
Net current assets
10,650
10,525
Total assets less current liabilities
40,068
37,927
Creditors: amounts falling due after more than one year
(2,900)
(6,894)
Provisions for liabilities
Deferred tax
(5,589)
(3,009)
Called up share capital
100
100
Profit and loss account
31,479
27,924
Shareholders' funds
31,579
28,024
For the year ending 31 March 2023 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 1 November 2023 and were signed on its behalf by
Mr Mark Fielding
Director
Company Registration No. 04688190
FIELDING ACCOUNTANCY SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
FIELDING ACCOUNTANCY SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04688190. The registered office is 48 Beechcroft Road, Bushey, Herts, WD23 2JU.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
FIELDING ACCOUNTANCY SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Fixed Asset Land & Buildings Additional Note
Tangible Fixed Assets of Land & Buildings comprises an amount of £12023 ( brought forward and carried forward) and is the capitalised cost of Improvements to Office Premises.
No depreciation, nor revaluation is considered necessary by the Director.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
12,023
33,917
18,067
64,007
At 31 March 2023
12,023
39,001
18,067
69,091
At 1 April 2022
-
22,238
14,367
36,605
Charge for the year
-
2,514
554
3,068
At 31 March 2023
-
24,752
14,921
39,673
At 31 March 2023
12,023
14,249
3,146
29,418
At 31 March 2022
12,023
11,679
3,700
27,402
Amounts falling due within one year
FIELDING ACCOUNTANCY SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,195
3,195
Taxes and social security
24,024
20,489
Other creditors
4,952
3,868
Loans from directors
18,341
20,854
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).