BrightAccountsProduction v1.0.0 v1.0.0 2023-07-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company during the year was Outsourced Field Sales. 18 September 2024 1 1 NI607789 2024-07-09 NI607789 2023-06-30 NI607789 2022-06-30 NI607789 2023-07-01 2024-07-09 NI607789 2022-07-01 2023-06-30 NI607789 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-07-09 NI607789 uk-curr:PoundSterling 2023-07-01 2024-07-09 NI607789 uk-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-07-09 NI607789 uk-bus:FullAccounts 2023-07-01 2024-07-09 NI607789 uk-core:ShareCapital 2024-07-09 NI607789 uk-core:ShareCapital 2023-06-30 NI607789 uk-core:RetainedEarningsAccumulatedLosses 2024-07-09 NI607789 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 NI607789 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-07-09 NI607789 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 NI607789 uk-bus:FRS102 2023-07-01 2024-07-09 NI607789 uk-core:WithinOneYear 2024-07-09 NI607789 uk-core:WithinOneYear 2023-06-30 NI607789 2023-07-01 2024-07-09 NI607789 uk-bus:Director1 2023-07-01 2024-07-09 NI607789 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-07-09 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI607789
 
 
Field Sales Direct Limited
 
Unaudited Financial Statements
 
for the financial period ended 9 July 2024



Field Sales Direct Limited
Company Registration Number: NI607789
STATEMENT OF FINANCIAL POSITION
as at 9 July 2024

Jul 24 Jun 23
Notes £ £
 
Current Assets
Receivables 5 - 223
Cash and cash equivalents - 2,435
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- 2,658
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Payables: amounts falling due within one year 6 - (1,438)
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Net Current (Liabilities)/Assets - 1,220
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Total Assets less Current Liabilities - 1,220
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Equity
Called up share capital 5 5
Retained earnings (5) 1,215
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Equity attributable to owners of the company - 1,220
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The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial period ended 9 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
           
Approved by the Director and authorised for issue on 18 September 2024
           
           
________________________________          
Mr Noel King          
Director          
           



Field Sales Direct Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial period ended 9 July 2024

   
1. General Information
 
Field Sales Direct Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is St Annes House, 15 Church Street, Belfast, Co Antrim, BT1 1PG with the principal place of business of the company being Third Floor, Usher House, Dundrum, Dublin 14, Ireland. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 9 July 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Turnover comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax.
 
Trade and other receivables
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other payables
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
   
3. Period of financial statements
 
The financial statements are for the 12 month 9 days period ended 9 July 2024.
       
4. Employees
 
The average monthly number of employees, including director, during the financial period was 1, (Jun 23 - 1).
 
  Jul 24 Jun 23
  Number Number
 
Employees 1 1
  ═════════ ═════════
       
5. Receivables Jul 24 Jun 23
  £ £
 
Trade receivables - 223
  ═════════ ═════════
       
6. Payables Jul 24 Jun 23
Amounts falling due within one year £ £
 
Director's current account - 938
Accruals - 500
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  - 1,438
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7. Capital commitments
 
The company had no material capital commitments at the financial period-ended 9 July 2024.
   
8. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial period-end.