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REGISTERED NUMBER: 08908878 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

THREE FIELDS ENTERTAINMENT LIMITED

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THREE FIELDS ENTERTAINMENT LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mrs F J Grist
A Ward





REGISTERED OFFICE: Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX





REGISTERED NUMBER: 08908878 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,539,502 2,091,892
Tangible assets 5 32,042 3,894
2,571,544 2,095,786

CURRENT ASSETS
Debtors 6 10,465 7,736
Cash at bank 878,723 1,137,681
889,188 1,145,417
CREDITORS
Amounts falling due within one year 7 25,932 151,467
NET CURRENT ASSETS 863,256 993,950
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,434,800

3,089,736

CAPITAL AND RESERVES
Called up share capital 8 182 182
Retained earnings 3,434,618 3,089,554
SHAREHOLDERS' FUNDS 3,434,800 3,089,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:





Mrs F J Grist - Director


THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Three Fields Entertainment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Development costs (other intangible assets)
Development Costs are not yet amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 50% on cost
Fixtures and fittings - 50% on cost
Motor vehicles - 50% on cost
Computer equipment - 50% on cost

Research and development
Expenditure on research and development is written off in the year in which it is incurred with the exception of major new projects where the outcome of those projects is assessed as being reasonably certain as regards viability and technical feasibility. Such expenditure is capitalised as an intangible fixed asset and amortised over the estimated period of sale of each product, commencing in the year that the sale of the product is first made.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2022 2,091,892
Additions 447,610
At 28 February 2023 2,539,502
NET BOOK VALUE
At 28 February 2023 2,539,502
At 28 February 2022 2,091,892

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
Equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 7,446 3,993 - 45,650 57,089
Additions - - 57,090 6,994 64,084
Disposals - - - (1,833 ) (1,833 )
At 28 February 2023 7,446 3,993 57,090 50,811 119,340
DEPRECIATION
At 1 March 2022 7,169 3,993 - 42,033 53,195
Charge for year 277 - 28,545 7,114 35,936
Eliminated on disposal - - - (1,833 ) (1,833 )
At 28 February 2023 7,446 3,993 28,545 47,314 87,298
NET BOOK VALUE
At 28 February 2023 - - 28,545 3,497 32,042
At 28 February 2022 277 - - 3,617 3,894

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,083 7,736
Other debtors 6,382 -
10,465 7,736

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 63 (1,137 )
Taxation and social security 8,369 128,304
Other creditors 17,500 24,300
25,932 151,467

8. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
17,000 Ordinary £0.01 170 170
1,200 A Ordinary £0.01 12 12
182 182