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REGISTERED NUMBER: 08908878 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

THREE FIELDS ENTERTAINMENT LIMITED

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Contents of the Financial Statements
for the Year Ended 28 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THREE FIELDS ENTERTAINMENT LIMITED

Company Information
for the Year Ended 28 February 2024







DIRECTORS: Mrs F J Grist
A Ward





REGISTERED OFFICE: Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX





REGISTERED NUMBER: 08908878 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Balance Sheet
28 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,659,813 2,539,502
Tangible assets 5 2,342 32,042
2,662,155 2,571,544

CURRENT ASSETS
Debtors 6 293,548 10,465
Cash at bank 619,197 878,723
912,745 889,188
CREDITORS
Amounts falling due within one year 7 66,603 25,932
NET CURRENT ASSETS 846,142 863,256
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,508,297

3,434,800

CAPITAL AND RESERVES
Called up share capital 8 182 182
Retained earnings 3,508,115 3,434,618
SHAREHOLDERS' FUNDS 3,508,297 3,434,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 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.

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Balance Sheet - continued
28 February 2024


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 29 November 2024 and were signed on its behalf by:





Mrs F J Grist - Director


THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Notes to the Financial Statements
for the Year Ended 28 February 2024


1. STATUTORY INFORMATION

Three Fields Entertainment 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.

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.

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

Development costs (other intangible assets)
Development Costs are not yet amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 50% on cost
Fixtures and fittings - 50% on cost
Motor vehicles - 50% on cost
Computer equipment - 50% on cost

Research and development
Expenditure on research and development is written off in the year in which it is incurred with the exception of major new projects where the outcome of those projects is assessed as being reasonably certain as regards viability and technical feasibility. Such expenditure is capitalised as an intangible fixed asset and amortised over the estimated period of sale of each product, commencing in the year that the sale of the product is first made.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2023 2,539,502
Additions 120,311
At 28 February 2024 2,659,813
NET BOOK VALUE
At 28 February 2024 2,659,813
At 28 February 2023 2,539,502

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
Equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 7,446 3,993 57,090 50,811 119,340
Additions - - - 4,499 4,499
At 28 February 2024 7,446 3,993 57,090 55,310 123,839
DEPRECIATION
At 1 March 2023 7,446 3,993 28,545 47,314 87,298
Charge for year - - 28,467 5,732 34,199
At 28 February 2024 7,446 3,993 57,012 53,046 121,497
NET BOOK VALUE
At 28 February 2024 - - 78 2,264 2,342
At 28 February 2023 - - 28,545 3,497 32,042

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 293,548 4,083
Other debtors - 6,382
293,548 10,465

THREE FIELDS ENTERTAINMENT LIMITED (REGISTERED NUMBER: 08908878)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,105 63
Taxation and social security 48,791 8,369
Other creditors 16,707 17,500
66,603 25,932

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
17,000 Ordinary £0.01 170 170
1,200 A Ordinary £0.01 12 12
182 182