REGISTERED NUMBER: 13989581 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

N FIELD PROJECTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N R Field

Mrs R L Field

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

13989581 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Tangible assets

4

1,689

1,491

CURRENT ASSETS

Debtors

5

14,667

9,033

Cash at bank

2,633

3,567

17,300

12,600

CREDITORS

Amounts falling due within one year

6

18,262

13,642

NET CURRENT LIABILITIES

(962

)

(1,042

)

TOTAL ASSETS LESS CURRENT LIABILITIES

727

449

PROVISIONS FOR LIABILITIES

7

422

283

NET ASSETS

305

166

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

303

164

SHAREHOLDERS' FUNDS

305

166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by:

N R Field - Director

1.	STATUTORY INFORMATION

N Field Projects Ltd 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 represents amounts receivable for project management services, excluding value added tax.

Revenue from the sale of services is recognised by reference to the stage of completion and when the costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets

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

Plant & machinery

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

1,171

2,417

3,588

Additions

142

1,112

1,254

At 31 March 2026

1,313

3,529

4,842

DEPRECIATION

At 1 April 2025

463

1,634

2,097

Charge for year

213

843

1,056

At 31 March 2026

676

2,477

3,153

NET BOOK VALUE

At 31 March 2026

637

1,052

1,689

At 31 March 2025

708

783

1,491

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

8,586

1,680

Directors' current accounts

6,081

7,353

14,667

9,033

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

18

198

Tax

11,867

9,684

PAYE

12

12

VAT

5,396

2,803

Accrued expenses

969

945

18,262

13,642

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

422

283

Deferred

tax

£

Balance at 1 April 2025

283

Provided during year

139

Balance at 31 March 2026

422

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

N R Field

Balance outstanding at start of year

7,353

(1,054

)

Amounts advanced

45,540

32,569

Amounts repaid

(46,812

)

(24,162

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,081

7,353

Interest of £Nil was charged. This loan was repaid in full by 31 December 2026.