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Company Registration No. 09032688 (England and Wales)
Fallow and Field Ltd Unaudited accounts for the year ended 31 July 2023
Fallow and Field Ltd Unaudited accounts Contents
Page
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Fallow and Field Ltd Company Information for the year ended 31 July 2023
Director
E Panswgrauw
Company Number
09032688 (England and Wales)
Registered Office
212 MERTON ROAD SOUTHFIELDS LONDON SW18 5SW ENGLAND
Accountants
Fairmile Accounting Ltd Boston House Downsview Road Wantage OX12 9FF
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Fallow and Field Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,231 
35,843 
Current assets
Inventories
5,428 
6,781 
Debtors
20,575 
17,546 
Cash at bank and in hand
1,490 
288 
27,493 
24,615 
Creditors: amounts falling due within one year
(396,483)
(236,294)
Net current liabilities
(368,990)
(211,679)
Total assets less current liabilities
(344,759)
(175,836)
Creditors: amounts falling due after more than one year
(41,855)
(42,880)
Net liabilities
(386,614)
(218,716)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(387,614)
(219,716)
Shareholders' funds
(386,614)
(218,716)
For the year ending 31 July 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 23 April 2024 and were signed on its behalf by
E Panswgrauw Director Company Registration No. 09032688
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Fallow and Field Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Fallow and Field Ltd is a private company, limited by shares, registered in England and Wales, registration number 09032688. The registered office is 212 MERTON ROAD, SOUTHFIELDS, LONDON, SW18 5SW, ENGLAND.
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.
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:
Land & buildings
15% straight line
Plant & machinery
15% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
32,940 
29,893 
1,578 
64,411 
At 31 July 2023
32,940 
29,893 
1,578 
64,411 
Depreciation
At 1 August 2022
18,039 
9,741 
788 
28,568 
Charge for the year
6,734 
4,484 
394 
11,612 
At 31 July 2023
24,773 
14,225 
1,182 
40,180 
Net book value
At 31 July 2023
8,167 
15,668 
396 
24,231 
At 31 July 2022
14,901 
20,152 
790 
35,843 
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Fallow and Field Ltd Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
7,122 
12,601 
Other debtors
13,453 
4,945 
20,575 
17,546 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
24,731 
VAT
48,418 
29,286 
Trade creditors
39,710 
89,683 
Taxes and social security
45,926 
4,917 
Other creditors
258,139 
87,077 
Accruals
4,290 
600 
396,483 
236,294 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
41,855 
42,880 
8
Average number of employees
During the year the average number of employees was 13 (2022: 15).
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