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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
Page
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FIELDING ACCOUNTANCY SERVICES LIMITED Company Information for the year ended 31 March 2023
Director
Mr Mark Fielding
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
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FIELDING ACCOUNTANCY SERVICES LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,418 
27,402 
Current assets
Inventories
1,200 
3,500 
Debtors
13,836 
17,085 
Cash at bank and in hand
46,126 
38,346 
61,162 
58,931 
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)
Net assets
31,579 
28,024 
Capital and reserves
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
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FIELDING ACCOUNTANCY SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
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.
Turnover
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
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.
Pension costs
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.
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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 
£ 
Cost
At 1 April 2022
61,392 
At 31 March 2023
61,392 
Amortisation
At 1 April 2022
61,392 
At 31 March 2023
61,392 
Net book value
At 31 March 2023
- 
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 
Additions
- 
5,084 
- 
5,084 
At 31 March 2023
12,023 
39,001 
18,067 
69,091 
Depreciation
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 
Net book value
At 31 March 2023
12,023 
14,249 
3,146 
29,418 
At 31 March 2022
12,023 
11,679 
3,700 
27,402 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,166 
8,385 
Other debtors
5,670 
8,700 
13,836 
17,085 
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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 
50,512 
48,406 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,900 
6,894 
Covid Bounce Back Loan
9
Share capital
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).
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