REGISTERED NUMBER: 07973574 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

FIELDHOUSE ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms C Meacher

REGISTERED OFFICE:

51 Norroy Road

London

SW15 1PQ

REGISTERED NUMBER:

07973574 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

18,234

11,940

18,234

11,940

CURRENT ASSETS

Debtors

6

398,655

298,290

Cash at bank

-

41,025

398,655

339,315

CREDITORS

Amounts falling due within one year

7

407,044

345,866

NET CURRENT LIABILITIES

(8,389

)

(6,551

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,845

5,389

PROVISIONS FOR LIABILITIES

4,559

2,719

NET ASSETS

5,286

2,670

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

5,285

2,669

5,286

2,670

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 her 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:

Ms C Meacher - Director

1.	STATUTORY INFORMATION

Fieldhouse Associates 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.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% 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 25 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 April 2024

and 31 March 2025

18,355

AMORTISATION

At 1 April 2024

and 31 March 2025

18,355

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

8,906

53,028

61,934

Additions

10,322

3,748

14,070

At 31 March 2025

19,228

56,776

76,004

DEPRECIATION

At 1 April 2024

8,822

41,172

49,994

Charge for year

2,278

5,498

7,776

At 31 March 2025

11,100

46,670

57,770

NET BOOK VALUE

At 31 March 2025

8,128

10,106

18,234

At 31 March 2024

84

11,856

11,940

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

282,397

262,676

Other debtors

7,500

115

Prepayments and accrued income

108,758

35,499

398,655

298,290

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

38,612

-

Trade creditors

15,991

49,534

Corporation tax

35,511

23,998

Social security and other taxes

52,113

51,574

Value added tax

110,472

101,511

Other creditors

8,109

8,636

Director's current account

75

397

Accruals and deferred income

146,161

110,216

407,044

345,866

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

281,600

-

Between one and five years

301,539

-

583,139

-