Fielding-Smith Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14712054

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		711,391		444,993

			711,391		444,993
CURRENT ASSETS
Debtors	5	-		1,094
Cash at bank and in hand		2,325		6,994

		2,325		8,088
Creditors: Amounts Falling Due Within One Year	6	(228,589 )		(148,670 )

NET CURRENT ASSETS (LIABILITIES)			(226,264 )		(140,582 )

TOTAL ASSETS LESS CURRENT LIABILITIES			485,127		304,411

Creditors: Amounts Falling Due After More Than One Year	7		(509,477 )		(313,420 )

NET LIABILITIES			(24,350 )		(9,009 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(24,352 )		(9,011 )

SHAREHOLDERS' FUNDS			(24,350)		(9,009)

Page 1

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Fielding-Smith Properties Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Daniel Fielding-Smith

Director

5th November 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Fielding-Smith Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14712054 . The registered office is 203 London Road, Hadleigh, Benfleet, Essex, SS7 2RD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have considered the financial position of the company, including its net liabilities,and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

2.3. Turnover

The company's activities consist primarily of the holding of investment properties and deriving rental income from those properties. The company will also receive interest income on cash deposits when there is surplus cash to be deposited.

Rental income is recognised as it becomes due and is accrued on a time basis. Interest income is not intended to be a material figure in the accounts and is, therefore, only recognised as it is received.

2.4. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Investment Property

	31 March 2025
	£
Fair Value
As at 1 April 2024	444,993
Additions	266,398

As at 31 March 2025	711,391

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	-	803
Other debtors	-	291

	-	1,094

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Fielding-Smith Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Other creditors	1,044	-
Accruals and deferred income	1,319	1,031
Directors' loan accounts	226,226	147,639

	228,589	148,670

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Bank loans	509,477	313,420

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	31 March 2025		31 March 2024
	£		£
Bank loans	509,477		313,420

8. Secured Creditors

Of the creditors the following amounts are secured. The loans being secured by full title guarantee by way of legal mortgage over the relevant investment property.All investment properties of the company are so secured.

	31 March 2025		31 March 2024
	£		£
Bank loans and overdrafts	509,477		313,420

9. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	2	2

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