Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-3012023-07-011falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.trueNo description of principal activitytruefalse 10227788 2023-07-01 2024-06-30 10227788 2022-07-01 2023-06-30 10227788 2024-06-30 10227788 2023-06-30 10227788 c:Director1 2023-07-01 2024-06-30 10227788 d:FreeholdInvestmentProperty 2023-07-01 2024-06-30 10227788 d:FreeholdInvestmentProperty 2024-06-30 10227788 d:CurrentFinancialInstruments 2024-06-30 10227788 d:CurrentFinancialInstruments 2023-06-30 10227788 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10227788 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10227788 d:ShareCapital 2024-06-30 10227788 d:ShareCapital 2023-06-30 10227788 d:RetainedEarningsAccumulatedLosses 2024-06-30 10227788 d:RetainedEarningsAccumulatedLosses 2023-06-30 10227788 c:OrdinaryShareClass1 2023-07-01 2024-06-30 10227788 c:OrdinaryShareClass1 2024-06-30 10227788 c:OrdinaryShareClass1 2023-06-30 10227788 c:FRS102 2023-07-01 2024-06-30 10227788 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10227788 c:FullAccounts 2023-07-01 2024-06-30 10227788 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10227788 2 2023-07-01 2024-06-30 10227788 6 2023-07-01 2024-06-30 10227788 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10227788














FIELD HOUSE PS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 JUNE 2024

 
FIELD HOUSE PS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
FIELD HOUSE PS LIMITED
REGISTERED NUMBER:10227788

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
  
90,000
-

Investment property
  
530,005
-

  
620,005
-

Current assets
  

Debtors: amounts falling due within one year
 6 
1,000,000
250,000

Bank and cash balances
  
200,976
613,837

  
1,200,976
863,837

Current Liabilities
  

Creditors: amounts falling due within one year
 7 
(372,392)
(139,751)

Net current assets
  
 
 
828,584
 
 
724,086

  

Net assets
  
1,448,589
724,086


Capital and reserves
  

Called up share capital 
 8 
2
1

Profit and loss account
  
1,448,587
724,085

  
1,448,589
724,086


Page 1

 
FIELD HOUSE PS LIMITED
REGISTERED NUMBER:10227788
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The Director considers 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 Director acknowledges his 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 on 5 March 2025.




A Ezra
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FIELD HOUSE PS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Field House PS Limited is a limited liability company incorporated in England & Wales, with its registered office address at 7 Birchin Lane, London, EC3V 9BW.
The principal activity of the Company is that of buying and selling of real estate and consultancy services.

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 by the Company in respect of properties sold during the period and consultancy services provided.
Revenue is recognised when the contract has been completed.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers 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 profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.

 
Page 3

 
FIELD HOUSE PS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.5
Basic financial instruments (continued)

Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the Company's cash management.


 
2.6

Interest income

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

 
2.7

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 reporting date in the countries where the company operates and generates income.



3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


Additions
90,000



At 30 June 2024
90,000




Page 4

 
FIELD HOUSE PS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Investment property


Freehold investment property

£



Valuation


Additions at cost
530,005



At 30 June 2024
530,005

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







6.


Debtors

2024
2023
£
£


Prepayments and accrued income
1,000,000
250,000

1,000,000
250,000



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
241,368
-

Other taxation and social security
-
99,440

Other creditors
127,859
37,366

Accruals and deferred income
3,165
2,945

372,392
139,751



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 1) Ordinary shares of £1 each
2
1


During the year, the Company issued 1 Ordinary share with a nominal value of £1.

 
Page 5