REGISTERED NUMBER: 11581304 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Fieldconnect Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K J Pickup

REGISTERED OFFICE:

104a Business First Davyfield Road

Blackburn

BB1 2QY

REGISTERED NUMBER:

11581304 (England and Wales)

ACCOUNTANTS:

Flourish Finance Limited

Suite 2, First Floor, Windsor House

Ackhurst Business Park

Foxhole Road

Chorley

Lancashire

PR7 1NY

FIXED ASSETS

Intangible assets

4

1,112

2,376

Tangible assets

5

921

335

2,033

2,711

CURRENT ASSETS

Debtors

6

32,445

16,199

Cash in hand

104,747

198,475

137,192

214,674

CREDITORS

Amounts falling due within one year

7

53,058

122,839

NET CURRENT ASSETS

84,134

91,835

TOTAL ASSETS LESS CURRENT LIABILITIES

86,167

94,546

PROVISIONS FOR LIABILITIES

175

515

NET ASSETS

85,992

94,031

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

85,990

94,029

85,992

94,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

K J Pickup - Director

1.	STATUTORY INFORMATION

Fieldconnect Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following rates in order to write off each asset over its estimated useful life:

- Computer equipment - 25% on cost

- Office equipment - 25% on cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

28,375

Additions

2,145

At 31 March 2025

30,520

AMORTISATION

At 1 April 2024

25,999

Charge for year

3,409

At 31 March 2025

29,408

NET BOOK VALUE

At 31 March 2025

1,112

At 31 March 2024

2,376

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

1,752

Additions

864

At 31 March 2025

2,616

DEPRECIATION

At 1 April 2024

1,417

Charge for year

278

At 31 March 2025

1,695

NET BOOK VALUE

At 31 March 2025

921

At 31 March 2024

335

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

22,086

16,199

Other debtors

10,359

-

32,445

16,199

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

14,811

25,415

Trade creditors

1,168

2,182

Taxation and social security

35,490

93,932

Other creditors

1,589

1,310

53,058

122,839