IRIS Accounts Production v24.2.0.383 09923560 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099235602022-12-31099235602023-12-31099235602023-01-012023-12-31099235602021-12-31099235602022-01-012022-12-31099235602022-12-3109923560ns15:EnglandWales2023-01-012023-12-3109923560ns14:PoundSterling2023-01-012023-12-3109923560ns10:Director12023-01-012023-12-3109923560ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109923560ns10:SmallEntities2023-01-012023-12-3109923560ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3109923560ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109923560ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109923560ns10:FullAccounts2023-01-012023-12-3109923560ns10:Director22023-01-012023-12-3109923560ns10:Director32023-01-012023-12-3109923560ns10:RegisteredOffice2023-01-012023-12-3109923560ns5:CurrentFinancialInstruments2023-12-3109923560ns5:CurrentFinancialInstruments2022-12-3109923560ns5:ShareCapital2023-12-3109923560ns5:ShareCapital2022-12-3109923560ns5:RetainedEarningsAccumulatedLosses2023-12-3109923560ns5:PlantMachinery2023-01-012023-12-3109923560ns5:ComputerEquipment2023-01-012023-12-3109923560ns5:PlantMachinery2022-12-3109923560ns5:ComputerEquipment2022-12-3109923560ns5:PlantMachinery2023-12-3109923560ns5:ComputerEquipment2023-12-3109923560ns5:PlantMachinery2022-12-3109923560ns5:ComputerEquipment2022-12-3109923560ns5:CostValuation2022-12-3109923560ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109923560ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 09923560 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

FIELD BUSINESS HOLDINGS LIMITED

FIELD BUSINESS HOLDINGS LIMITED (REGISTERED NUMBER: 09923560)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FIELD BUSINESS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: P Field
L R Field
A Field





REGISTERED OFFICE: 364a Old Kent Road
London
SE1 5AA





REGISTERED NUMBER: 09923560 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

FIELD BUSINESS HOLDINGS LIMITED (REGISTERED NUMBER: 09923560)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
as restated
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,554 12,739
Investments 5 100 100
9,654 12,839

CURRENT ASSETS
Debtors 6 53,145 44,708
Cash at bank 2,628 646
55,773 45,354
CREDITORS
Amounts falling due within one year 7 (60,791 ) (39,549 )
NET CURRENT (LIABILITIES)/ASSETS (5,018 ) 5,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,636

18,644

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 4,533 18,541
4,636 18,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 24 September 2024 and were signed on its behalf by:





P Field - Director


FIELD BUSINESS HOLDINGS LIMITED (REGISTERED NUMBER: 09923560)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Field Business Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
After reviewing the company's forecasts and projections, the directors have reasonable expectations that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of the approval of these financial statements.

Preparation of consolidated financial statements
The financial statements contain information about Field Business Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover from management services is recognised when the management services have been completed, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Turnover from dividends is recognised when the shareholder's right to receive payment is established.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated
impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

3. EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

FIELD BUSINESS HOLDINGS LIMITED (REGISTERED NUMBER: 09923560)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 38,146 600 38,746
DEPRECIATION
At 1 January 2023 25,487 520 26,007
Charge for year 3,165 20 3,185
At 31 December 2023 28,652 540 29,192
NET BOOK VALUE
At 31 December 2023 9,494 60 9,554
At 31 December 2022 12,659 80 12,739

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 January 2023
and 31 December 2023 100
NET BOOK VALUE
At 31 December 2023 100
At 31 December 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Amounts owed by group undertakings 48,319 22,290
Other debtors 4,826 22,418
53,145 44,708

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Taxation and social security 5,741 -
Other creditors 55,050 39,549
60,791 39,549