2022-04-012023-03-312023-03-31false04519967FIELDGROVE ESTATES LTD2024-03-1268209iso4217:GBPxbrli:pure045199672022-04-01045199672023-03-31045199672022-04-012023-03-31045199672021-04-01045199672022-03-31045199672021-04-012022-03-3104519967bus:SmallEntities2022-04-012023-03-3104519967bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3104519967bus:FullAccounts2022-04-012023-03-3104519967bus:PrivateLimitedCompanyLtd2022-04-012023-03-3104519967core:WithinOneYear2023-03-3104519967core:AfterOneYear2023-03-3104519967core:WithinOneYear2022-03-3104519967core:AfterOneYear2022-03-3104519967core:ShareCapital2023-03-3104519967core:SharePremium2023-03-3104519967core:RevaluationReserve2023-03-3104519967core:OtherReservesSubtotal2023-03-3104519967core:RetainedEarningsAccumulatedLosses2023-03-3104519967core:ShareCapital2022-03-3104519967core:SharePremium2022-03-3104519967core:RevaluationReserve2022-03-3104519967core:OtherReservesSubtotal2022-03-3104519967core:RetainedEarningsAccumulatedLosses2022-03-3104519967core:LandBuildings2023-03-3104519967core:PlantMachinery2023-03-3104519967core:Vehicles2023-03-3104519967core:FurnitureFittings2023-03-3104519967core:OfficeEquipment2023-03-3104519967core:NetGoodwill2023-03-3104519967core:IntangibleAssetsOtherThanGoodwill2023-03-3104519967core:ListedExchangeTraded2023-03-3104519967core:UnlistedNon-exchangeTraded2023-03-3104519967core:LandBuildings2022-03-3104519967core:PlantMachinery2022-03-3104519967core:Vehicles2022-03-3104519967core:FurnitureFittings2022-03-3104519967core:OfficeEquipment2022-03-3104519967core:NetGoodwill2022-03-3104519967core:IntangibleAssetsOtherThanGoodwill2022-03-3104519967core:ListedExchangeTraded2022-03-3104519967core:UnlistedNon-exchangeTraded2022-03-3104519967core:LandBuildings2022-04-012023-03-3104519967core:PlantMachinery2022-04-012023-03-3104519967core:Vehicles2022-04-012023-03-3104519967core:FurnitureFittings2022-04-012023-03-3104519967core:OfficeEquipment2022-04-012023-03-3104519967core:NetGoodwill2022-04-012023-03-3104519967core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104519967core:ListedExchangeTraded2022-04-012023-03-3104519967core:UnlistedNon-exchangeTraded2022-04-012023-03-3104519967core:MoreThanFiveYears2022-04-012023-03-3104519967core:Non-currentFinancialInstruments2023-03-3104519967core:Non-currentFinancialInstruments2022-03-3104519967dpl:CostSales2022-04-012023-03-3104519967dpl:DistributionCosts2022-04-012023-03-3104519967core:LandBuildings2022-04-012023-03-3104519967core:PlantMachinery2022-04-012023-03-3104519967core:Vehicles2022-04-012023-03-3104519967core:FurnitureFittings2022-04-012023-03-3104519967core:OfficeEquipment2022-04-012023-03-3104519967dpl:AdministrativeExpenses2022-04-012023-03-3104519967core:NetGoodwill2022-04-012023-03-3104519967core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104519967dpl:GroupUndertakings2022-04-012023-03-3104519967dpl:ParticipatingInterests2022-04-012023-03-3104519967dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3104519967core:ListedExchangeTraded2022-04-012023-03-3104519967dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3104519967core:UnlistedNon-exchangeTraded2022-04-012023-03-3104519967dpl:CostSales2021-04-012022-03-3104519967dpl:DistributionCosts2021-04-012022-03-3104519967core:LandBuildings2021-04-012022-03-3104519967core:PlantMachinery2021-04-012022-03-3104519967core:Vehicles2021-04-012022-03-3104519967core:FurnitureFittings2021-04-012022-03-3104519967core:OfficeEquipment2021-04-012022-03-3104519967dpl:AdministrativeExpenses2021-04-012022-03-3104519967core:NetGoodwill2021-04-012022-03-3104519967core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3104519967dpl:GroupUndertakings2021-04-012022-03-3104519967dpl:ParticipatingInterests2021-04-012022-03-3104519967dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3104519967core:ListedExchangeTraded2021-04-012022-03-3104519967dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3104519967core:UnlistedNon-exchangeTraded2021-04-012022-03-3104519967core:NetGoodwill2023-03-3104519967core:IntangibleAssetsOtherThanGoodwill2023-03-3104519967core:LandBuildings2023-03-3104519967core:PlantMachinery2023-03-3104519967core:Vehicles2023-03-3104519967core:FurnitureFittings2023-03-3104519967core:OfficeEquipment2023-03-3104519967core:AfterOneYear2023-03-3104519967core:WithinOneYear2023-03-3104519967core:ListedExchangeTraded2023-03-3104519967core:UnlistedNon-exchangeTraded2023-03-3104519967core:ShareCapital2023-03-3104519967core:SharePremium2023-03-3104519967core:RevaluationReserve2023-03-3104519967core:OtherReservesSubtotal2023-03-3104519967core:RetainedEarningsAccumulatedLosses2023-03-3104519967core:NetGoodwill2022-03-3104519967core:IntangibleAssetsOtherThanGoodwill2022-03-3104519967core:LandBuildings2022-03-3104519967core:PlantMachinery2022-03-3104519967core:Vehicles2022-03-3104519967core:FurnitureFittings2022-03-3104519967core:OfficeEquipment2022-03-3104519967core:AfterOneYear2022-03-3104519967core:WithinOneYear2022-03-3104519967core:ListedExc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FIELDGROVE ESTATES LTD

Registered Number
04519967
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

FIELDGROVE ESTATES LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

BERGER, Moishe

Company Secretary

BERGER, Pessy

Registered Address

8 Brantwood Road
Salford
M7 4FL

Registered Number

04519967 (England and Wales)
FIELDGROVE ESTATES LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3556,700556,700
Investments4284,108281,788
840,808838,488
Current assets
Debtors121,277126,415
Cash at bank and on hand15,02910,271
136,306136,686
Creditors amounts falling due within one year5(396,363)(381,905)
Net current assets (liabilities)(260,057)(245,219)
Total assets less current liabilities580,751593,269
Creditors amounts falling due after one year6(155,325)(180,659)
Provisions for liabilities7(16,953)(16,953)
Net assets408,473395,657
Capital and reserves
Called up share capital22
Profit and loss account408,471395,655
Shareholders' funds408,473395,657
The financial statements were approved and authorised for issue by the Director on 12 March 2024, and are signed on its behalf by:
BERGER, Moishe
Director
Registered Company No. 04519967
FIELDGROVE ESTATES LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. 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.
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Total

££
Cost or valuation
At 01 April 22556,700556,700
At 31 March 23556,700556,700
Net book value
At 31 March 23556,700556,700
At 31 March 22556,700556,700
4.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 01 April 22281,788281,788
Additions2,3202,320
At 31 March 23284,108284,108
Net book value
At 31 March 23284,108284,108
At 31 March 22281,788281,788

Notes

1Other investments other than loans
5.Creditors: amounts due within one year

2023

2022

££
Amounts owed to related parties99,550100,835
Taxation and social security10,23313,707
Other creditors268,785251,108
Accrued liabilities and deferred income17,79516,255
Total396,363381,905
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.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts155,325180,659
Total155,325180,659
7.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)16,95316,953
Total16,95316,953