1 May 2023 false No description of principal activity Taxfiler 2024.6 01697504business:PrivateLimitedCompanyLtd2023-05-012024-04-30 016975042023-04-30 016975042023-05-012024-04-30 01697504business:AuditExemptWithAccountantsReport2023-05-012024-04-30 01697504business:AbridgedAccounts2023-05-012024-04-30 016975042024-04-30 01697504business:Director12023-05-012024-04-30 01697504business:Director22023-05-012024-04-30 01697504business:Director32023-05-012024-04-30 01697504business:CompanySecretary12023-05-012024-04-30 01697504business:RegisteredOffice2023-05-012024-04-30 016975042023-04-30 01697504core:WithinOneYear2024-04-30 01697504core:WithinOneYear2023-04-30 01697504core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 01697504core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 01697504core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 01697504core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 01697504core:PreviouslyStatedAmount2024-04-30 01697504core:PreviouslyStatedAmount2023-04-30 01697504business:SmallEntities2023-05-012024-04-30 01697504countries:EnglandWales2023-05-012024-04-30 01697504core:PlantMachinery2023-05-012024-04-30 01697504core:MotorVehicles2023-05-012024-04-30 01697504core:ComputerEquipment2023-05-012024-04-30 016975042022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 01697504 (England and Wales)
The New Fieldwork Company Limited Unaudited accounts for the year ended 30 April 2024
The New Fieldwork Company Limited Unaudited accounts Contents
Page
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The New Fieldwork Company Limited Company Information for the year ended 30 April 2024
Directors
Mrs L R Henshall A Henshall K R A Covey
Secretary
K R A Covey
Company Number
01697504 (England and Wales)
Registered Office
Ashley Place Hanworth Lane Chertsey Surrey KT16 9JX
Accountants
Reaveley Cooper Ltd The Atrium Business Centre 4 Curtis Road Dorking Surrey RH4 1XA
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The New Fieldwork Company Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,436 
11,989 
Current assets
Inventories
22,392 
33,480 
Debtors
1,412,464 
1,109,735 
Cash at bank and in hand
697,195 
869,837 
2,132,051 
2,013,052 
Creditors: amounts falling due within one year
(383,433)
(316,169)
Net current assets
1,748,618 
1,696,883 
Total assets less current liabilities
1,775,054 
1,708,872 
Provisions for liabilities
Deferred tax
(4,013)
(201)
Net assets
1,771,041 
1,708,671 
Capital and reserves
Called up share capital
5,049 
5,049 
Profit and loss account
1,765,992 
1,703,622 
Shareholders' funds
1,771,041 
1,708,671 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2025 and were signed on its behalf by
Mrs L R Henshall Director Company Registration No. 01697504
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The New Fieldwork Company Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
The New Fieldwork Company Limited is a private company, limited by shares, registered in England and Wales, registration number 01697504. The registered office is Ashley Place, Hanworth Lane, Chertsey, Surrey, KT16 9JX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
Straight line over 3 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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The New Fieldwork Company Limited Notes to the Accounts for the year ended 30 April 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2023
57,264 
Additions
27,337 
At 30 April 2024
84,601 
Depreciation
At 1 May 2023
45,275 
Charge for the year
12,890 
At 30 April 2024
58,165 
Net book value
At 30 April 2024
26,436 
At 30 April 2023
11,989 
5
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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