Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05502672 2023-06-01 2024-05-31 05502672 2022-06-01 2023-05-31 05502672 2024-05-31 05502672 2023-05-31 05502672 c:Director1 2023-06-01 2024-05-31 05502672 d:FreeholdInvestmentProperty 2024-05-31 05502672 d:FreeholdInvestmentProperty 2023-05-31 05502672 d:CurrentFinancialInstruments 2024-05-31 05502672 d:CurrentFinancialInstruments 2023-05-31 05502672 d:Non-currentFinancialInstruments 2024-05-31 05502672 d:Non-currentFinancialInstruments 2023-05-31 05502672 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 05502672 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 05502672 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 05502672 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 05502672 d:ShareCapital 2024-05-31 05502672 d:ShareCapital 2023-05-31 05502672 d:InvestmentPropertiesRevaluationReserve 2024-05-31 05502672 d:InvestmentPropertiesRevaluationReserve 2023-05-31 05502672 d:RetainedEarningsAccumulatedLosses 2024-05-31 05502672 d:RetainedEarningsAccumulatedLosses 2023-05-31 05502672 c:FRS102 2023-06-01 2024-05-31 05502672 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05502672 c:FullAccounts 2023-06-01 2024-05-31 05502672 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05502672 2 2023-06-01 2024-05-31 05502672 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 05502672









FIELDHURST INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
FIELDHURST INVESTMENTS LIMITED
REGISTERED NUMBER: 05502672

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
345,000
345,000

  
345,000
345,000

Current assets
  

Debtors: amounts falling due within one year
 5 
745
3,188

Cash at bank and in hand
 6 
38,659
18,175

  
39,404
21,363

Creditors: amounts falling due within one year
 7 
(10,948)
(13,633)

Net current assets
  
 
 
28,456
 
 
7,730

Total assets less current liabilities
  
373,456
352,730

Creditors: amounts falling due after more than one year
 8 
(148,876)
(148,876)

  

Net assets
  
224,580
203,854


Capital and reserves
  

Called up share capital 
  
999
999

Non distributable reserve
  
4,247
4,247

Profit and loss account
  
219,334
198,608

  
224,580
203,854


Page 1

 
FIELDHURST INVESTMENTS LIMITED
REGISTERED NUMBER: 05502672
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



D W Brackenridge
Director

Date: 27 February 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
FIELDHURST INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Fieldhurst Investments Limited is a private company limited by shares and registered in England & Wales. Its registered office is 31 The Calls, Leeds, West Yorkshire, LS2 7EY and registered number is 05502672.
The principal activity of the company is that of a real estate business.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
FIELDHURST INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

 
2.6

Debtors

Short term debtors are measured at transaction price.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

 
2.8

Creditors

Short term creditors are measured at the transaction price.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
FIELDHURST INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 June 2023
345,000



At 31 May 2024
345,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.

2024
2023
£
£

Revaluation reserves


At 1 June 2023
4,247
4,247

At 31 May 2024
4,247
4,247




Page 5

 
FIELDHURST INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
2,519

Prepayments and accrued income
745
669

745
3,188



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
38,659
18,175

38,659
18,175



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
4,922
4,328

Other taxation and social security
1,425
1,420

Other creditors
2,917
6,272

Accruals and deferred income
1,684
1,613

10,948
13,633



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
148,876
148,876

148,876
148,876


 
Page 6