1 false false false false false false false false false true false false false false false false No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 10,123 2,516 5,232 7,407 7,377 1,728 5,232 3,873 3,534 2,746 xbrli:pure xbrli:shares iso4217:GBP 11048604 2022-12-01 2023-11-30 11048604 2023-11-30 11048604 2022-11-30 11048604 2021-12-01 2022-11-30 11048604 2022-11-30 11048604 2021-11-30 11048604 bus:Director1 2022-12-01 2023-11-30 11048604 core:WithinOneYear 2023-11-30 11048604 core:WithinOneYear 2022-11-30 11048604 core:ShareCapital 2023-11-30 11048604 core:ShareCapital 2022-11-30 11048604 core:RetainedEarningsAccumulatedLosses 2023-11-30 11048604 core:RetainedEarningsAccumulatedLosses 2022-11-30 11048604 bus:SmallEntities 2022-12-01 2023-11-30 11048604 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 11048604 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11048604 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11048604 bus:FullAccounts 2022-12-01 2023-11-30 11048604 core:ComputerEquipment 2022-12-01 2023-11-30 11048604 core:ComputerEquipment 2022-11-30 11048604 core:ComputerEquipment 2023-11-30
COMPANY REGISTRATION NUMBER: 11048604
Fieldgate Consultants Limited
Filleted Unaudited Financial Statements
30 November 2023
Fieldgate Consultants Limited
Financial Statements
Year ended 30 November 2023
Contents
Page
Balance sheet
1
Notes to the financial statements
3
Fieldgate Consultants Limited
Balance Sheet
30 November 2023
2023
2022
Note
£
£
£
£
Fixed assets
Tangible assets
5
3,534
2,746
Current assets
Debtors
6
2,660
11,032
Cash at bank and in hand
29,665
55,221
--------
--------
32,325
66,253
Creditors: amounts falling due within one year
7
( 3,027)
( 15,171)
--------
--------
Net current assets
29,298
51,082
--------
--------
Total assets less current liabilities
32,832
53,828
Provisions
Taxation including deferred tax
( 671)
( 522)
--------
--------
Net assets
32,161
53,306
--------
--------
Fieldgate Consultants Limited
Balance Sheet (continued)
30 November 2023
2023
2022
Note
£
£
£
£
Capital and reserves
Called up share capital
100
100
Profit and loss account
32,061
53,206
--------
--------
Shareholders funds
32,161
53,306
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 19 August 2024 , and are signed on behalf of the board by:
Mr J P Silcock
Director
Company registration number: 11048604
Fieldgate Consultants Limited
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% straight line
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Equipment
£
Cost
At 1 December 2022
10,123
Additions
2,516
Disposals
( 5,232)
--------
At 30 November 2023
7,407
--------
Depreciation
At 1 December 2022
7,377
Charge for the year
1,728
Disposals
( 5,232)
--------
At 30 November 2023
3,873
--------
Carrying amount
At 30 November 2023
3,534
--------
At 30 November 2022
2,746
--------
6. Debtors
2023
2022
£
£
Trade debtors
1,245
10,002
Other debtors
1,415
1,030
-------
--------
2,660
11,032
-------
--------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
4,847
Social security and other taxes
1,111
7,006
Other creditors
1,916
3,318
-------
--------
3,027
15,171
-------
--------
8. Directors' advances, credits and guarantees
During the year, the directors had interest-free, repayable on demand loans with the company. At the start of the year the directors owed the company £1,030, and at the end of the year the directors were owed £116.