DISCFIELD LIMITED

Company Registration Number:
01639763 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

DISCFIELD LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

DISCFIELD LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,110 1,306
Investments: 4 1,500,000 1,500,000
Total fixed assets: 1,501,110 1,501,306
Current assets
Debtors:   404,932 391,122
Total current assets: 404,932 391,122
Creditors: amounts falling due within one year:   (414,164) (352,179)
Net current assets (liabilities): (9,232) 38,943
Total assets less current liabilities: 1,491,878 1,540,249
Creditors: amounts falling due after more than one year:   (184,991) (236,791)
Provision for liabilities: (200,024) (200,061)
Total net assets (liabilities): 1,106,863 1,103,397
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:51,051,6491,051,649
Profit and loss account: 55,114 51,648
Shareholders funds: 1,106,863 1,103,397

The notes form part of these financial statements

DISCFIELD LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 January 2025
and signed on behalf of the board by:

Name: David Gyle-Thompson
Status: Director

The notes form part of these financial statements

DISCFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DISCFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

DISCFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 29,548
At 31 May 2024 29,548
Depreciation
At 01 June 2023 28,242
Charge for year 196
At 31 May 2024 28,438
Net book value
At 31 May 2024 1,110
At 31 May 2023 1,306

DISCFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Fixed investments

2024 £1,500,000 There has been no valuation of investment property by an independent valuer.

DISCFIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Revaluation reserve

2024
£
Balance at 01 June 2023 1,051,649
Surplus or deficit after revaluation 0
Balance at 31 May 2024 1,051,649