REGISTERED NUMBER: 10512416 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FIELDSFOUR LTD

PREVIOUSLY KNOWN AS

FMF HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R Whitefield

SECRETARY:

Mrs C Whitefield

REGISTERED OFFICE:

7 A Mandervell Road

Oadby

Leicester

LE2 5LQ

REGISTERED NUMBER:

10512416 (England and Wales)

FIXED ASSETS

Tangible assets

4

217,731

130,831

Investment property

5

1,001,000

1,001,000

1,218,731

1,131,831

CURRENT ASSETS

Debtors

6

24

720

Cash at bank and in hand

13,680

81,586

13,704

82,306

CREDITORS

Amounts falling due within one year

7

312,184

330,771

NET CURRENT LIABILITIES

(298,480

)

(248,465

)

TOTAL ASSETS LESS CURRENT LIABILITIES

920,251

883,366

CREDITORS

Amounts falling due after more than one year

8

(105,918

)

(178,457

)

PROVISIONS FOR LIABILITIES

10

(192,681

)

(170,955

)

NET ASSETS

621,652

533,954

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

11

591,830

591,830

Retained earnings

29,722

(57,976

)

621,652

533,954

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 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 7 July 2026 and were signed by:

Mr R J Whitefield - Director

1.	STATUTORY INFORMATION

Fieldsfour 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Operating leases

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

163,230

1,649

19,213

1,661

185,753

Additions

129,936

-

-

-

129,936

At 31 March 2026

293,166

1,649

19,213

1,661

315,689

DEPRECIATION

At 1 April 2025

43,832

700

9,317

1,073

54,922

Charge for year

40,749

190

1,979

118

43,036

At 31 March 2026

84,581

890

11,296

1,191

97,958

NET BOOK VALUE

At 31 March 2026

208,585

759

7,917

470

217,731

At 31 March 2025

119,398

949

9,896

588

130,831

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,001,000

NET BOOK VALUE

At 31 March 2026

1,001,000

At 31 March 2025

1,001,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

1,001,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

409,170

409,170

Aggregate depreciation

(42,963

)

(34,779

)

Investment property was valued on an open market basis on 31 March 2026 by the directors of the company .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

24

720

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

2,400

2,400

Taxation

7,697

13,782

Paye/Ni payable

350

605

VAT

15,222

7,602

Other creditors

83,492

101,975

Directors' loan accounts

192,173

184,207

Accruals and deferred income

850

10,200

312,184

330,771

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

10,000

10,000

Bank loans - 2-5 years

30,000

30,000

Bank loans more than 5 years

by instalment

65,918

138,457

105,918

178,457

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalment

65,918

138,457

65,918

138,457

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

115,918

188,457

The loan is secured over the asset to which it relates.

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

54,433

32,708

Taxation on revaluation

138,248

138,247

192,681

170,955

Deferred

tax

£

Balance at 1 April 2025

170,955

Provided during year

21,726

Balance at 31 March 2026

192,681

11.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

591,830

12.	RELATED PARTY DISCLOSURES

Within other creditors is an amount of £83,492 (2025 - £101,975) owed to relates companies.

Within other creditors is an amount of £192,173 (2025 - £184,207) owed to directors of the company.

No interest was charged on the above balances.

Rent totalling £135,189 (2025 - £185,327) has been charged to related companies for the use of machinery and property.