Company No: 10986707 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	11,000		16,500
Tangible assets	4	42,820		52,360
		53,820		68,860
Current assets
Debtors	5	131,176		137,842
Cash at bank and in hand		115,012		132,204
		246,188		270,046
Creditors: amounts falling due within one year	6	( 134,811)		( 231,549)
Net current assets		111,377		38,497
Total assets less current liabilities		165,197		107,357
Net assets		165,197		107,357
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		165,097		107,257
Total shareholders' funds		165,197		107,357

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Field & Field Quality Building Services Ltd (registered number: 10986707) were approved and authorised for issue by the Board of Directors on 23 June 2026. They were signed on its behalf by:

B M Field Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Field & Field Quality Building Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Clifton House, Bunnian Place, Basingstoke, RG21 7JE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is [number] years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	20 % reducing balance
Computer equipment	20 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 November 2024	55,000		55,000
At 31 October 2025	55,000		55,000
Accumulated amortisation
At 01 November 2024	38,500		38,500
Charge for the financial year	5,500		5,500
At 31 October 2025	44,000		44,000
Net book value
At 31 October 2025	11,000		11,000
At 31 October 2024	16,500		16,500

4. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 November 2024	7,977		92,894		863		6,323		108,057
Additions	3,173		0		0		523		3,696
At 31 October 2025	11,150		92,894		863		6,846		111,753
Accumulated depreciation
At 01 November 2024	5,746		44,508		693		4,750		55,697
Charge for the financial year	720		12,115		34		367		13,236
At 31 October 2025	6,466		56,623		727		5,117		68,933
Net book value
At 31 October 2025	4,684		36,271		136		1,729		42,820
At 31 October 2024	2,231		48,386		170		1,573		52,360

5. Debtors

	2025		2024
	£		£
Trade debtors	27,544		137,842
Amounts owed by directors	102,472		0
Prepayments	1,160		0
	131,176		137,842

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	0		16,270
Trade creditors	12,858		65,671
Amounts owed to directors	0		416
Accruals	3,100		0
CIS withheld	0		22,717
Taxation and social security	105,337		113,798
Obligations under finance leases and hire purchase contracts	13,023		12,224
Other creditors	493		453
	134,811		231,549

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Related party transactions

During the year the company made advances to a director. The balance outstanding at the year end was £73,738 (2024: £nil). The loan is unsecured and repayable on demand, with interest charged at HMRC approved rates.