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REGISTERED NUMBER: 13380682 (England and Wales)















Field Capital Investments Ltd

Unaudited Financial Statements

for the Year Ended 31 May 2024






Field Capital Investments Ltd (Registered number: 13380682)

Contents of the Financial Statements
for the year ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Field Capital Investments Ltd

Company Information
for the year ended 31 May 2024







Director: S T Helmy





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 13380682 (England and Wales)

Field Capital Investments Ltd (Registered number: 13380682)

Balance Sheet
31 May 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 758 1,517

Current assets
Debtors 5 616 -
Cash at bank 80,260 98,921
80,876 98,921
Creditors
Amounts falling due within one year 6 10,432 24,653
Net current assets 70,444 74,268
Total assets less current liabilities 71,202 75,785

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 71,102 75,685
Shareholders' funds 71,202 75,785

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 October 2024 and were signed by:





S T Helmy - Director


Field Capital Investments Ltd (Registered number: 13380682)

Notes to the Financial Statements
for the year ended 31 May 2024


1. Statutory information

Field Capital Investments Ltd 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.

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.

The functional and presentational currency is the Pound Sterling (£). Figures have been rounded to the nearest £.

Significant judgements and estimates
In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

Critical judgements in applying the Company's accounting policies
The critical judgements that the directors have made in the process of applying the Company's accounting policies that have the most significant effect on the amounts recognised in the statutory financial statements are discussed below:

(i) Assessing indicators and impairment
In assessing whether there have been any indicators or impairment assets, the directors have considered both external and internal sources of information such as market conditions, counterparty credit ratings and experience or recoverability. There have been no indicators or impairments identified during the current financial year
.
Key sources of estimation uncertainty
The key assumptions concerning the future, and other key sources of estimation uncertainty that have a
significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

(ii) Recoverability of receivables
The Company establishes a provision for receivables that are estimated not to be recoverable. When assessing recoverability the directors consider factors such as the ageing of the receivables, past experience and recoverability, and the credit profile of individual or groups of customers.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Field Capital Investments Ltd (Registered number: 13380682)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


2. Accounting policies - continued

Financial instruments
Financial assets / liabilities - classified as basic financial instruments

(i) Cash and cash equivalents
This includes cash in hand, deposits held with banks, and other short-term highly liquid investments with
original maturities of three months or less.

(ii) Trade and other receivables
Trade and other receivables are initially recognised at the transaction price, including any transaction costs, and subsequently measured at amortised cost including the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment. At the end of each reporting period, the Company assesses whether there is objective evidence that an receivable amount may be impaired. A provision for impairment is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables. The amount of the provision is the difference between the asset's carrying amount and the present value of the
estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in profit or loss.

(iii) Trade and other payables and loans and borrowings
Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method.

Going concern
These financial statements have been prepared on a going concern basis.

The current economic conditions, present increased risks for all businesses. In response to such conditions, the directors have carefully considered these risks including an assessment of future trading prospects for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

Based on this assessment, the directors consider that the Company maintains an appropriate level of liquidity, sufficient to meet the demands of the business including any capital and servicing obligations and external debt liabilities.

In addition, the Company's assets are assessed for recoverability on a regular basis, and the directors consider that the Company is not exposed to losses on these assets which would affect their decision to adopt the going concern basis.

The directors have a reasonable expectation that the Company has adequate resources to continue in
operational existence for the foreseeable future and that there are no material uncertainties that lead to
significant doubts upon the Company's ability to continue as a going concern. Thus the directors have
continued to adopt the going concern basis of accounting in preparing these financial statements

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Field Capital Investments Ltd (Registered number: 13380682)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


4. Tangible fixed assets
Computer
equipment
£
Cost
At 1 June 2023
and 31 May 2024 3,035
Depreciation
At 1 June 2023 1,518
Charge for year 759
At 31 May 2024 2,277
Net book value
At 31 May 2024 758
At 31 May 2023 1,517

5. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors 616 -

6. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation and social security - 15,615
Other creditors 10,432 9,038
10,432 24,653

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

8. Reserves
Retained
earnings
£

At 1 June 2023 75,685
Deficit for the year (2,583 )
Dividends (2,000 )
At 31 May 2024 71,102

9. Ultimate controlling party

The ultimate controlling party is Mr S Helmy, by virtue of his directorship and 100% shareholding.