P J Field00131 December 202525.0025.00140452010.0010.00Sale of used cars and light motor vehicles1 January 202505210904788148248106508138820512850368799953810861830411024886106603310248861066033384000535036711477394498376000884223951135388372240002132013383855725234883800013881277342110071600019932132561553832238764000003016213623356860623255488048804000002528213623356860618375202020213992181539617130116414414089795498109100100139921715396171010845114511915319351623933337951418362169098139538Financials UK FRS 1022026.8.2+9496330 September 2026DroitwichBallards LLPField's of Bromsgrove Limited02444884 02444884 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 02444884 core:RevaluationReserve 2025-12-31 02444884 core:OwnedOrFreeholdAssets core:LandBuildings 2025-12-31 02444884 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02444884 core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 02444884 core:RetainedEarningsAccumulatedLosses 2025-12-31 02444884 core:RetainedEarningsAccumulatedLosses 2024-12-31 02444884 core:OwnedOrFreeholdAssets core:LandBuildings 2025-01-01 2025-12-31 02444884 core:OfficeEquipment 2025-12-31 02444884 bus:Director2 2025-01-01 2025-12-31 02444884 core:PlantMachinery 2025-01-01 2025-12-31 02444884 core:ShareCapital 2024-12-31 02444884 bus:Director1 2025-01-01 2025-12-31 02444884 core:ShareCapital 2025-12-31 02444884 core:CurrentFinancialInstruments 2025-12-31 02444884 core:Land 2025-01-01 2025-12-31 02444884 core:RevaluationReserve 2024-12-31 02444884 bus:RegisteredOffice 2025-01-01 2025-12-31 02444884 bus:FullAccounts 2025-01-01 2025-12-31 02444884 curr:PoundSterling 2025-01-01 2025-12-31 02444884 core:FurnitureFittingsToolsEquipment 2024-12-31 02444884 core:OwnedOrFreeholdAssets core:OfficeEquipment 2025-01-01 2025-12-31 02444884 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 02444884 core:OfficeEquipment 2025-01-01 2025-12-31 02444884 core:PlantMachinery 2024-12-31 02444884 core:OfficeEquipment 2024-12-31 02444884 2025-01-01 02444884 core:OwnedOrFreeholdAssets core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 02444884 core:CurrentFinancialInstruments 2024-12-31 02444884 core:FurnitureFittingsToolsEquipment 2025-12-31 02444884 core:PlantMachinery 2025-12-31 02444884 bus:FRS102 2025-01-01 2025-12-31 02444884 core:OwnedOrFreeholdAssets core:PlantMachinery 2025-01-01 2025-12-31 02444884 core:OwnedOrFreeholdAssets core:LandBuildings 2024-12-31 02444884 2024-12-31 02444884 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02444884 2025-12-31 02444884 2024-01-01 2024-12-31 02444884 2025-01-01 2025-12-31 xbrli:pure xbrli:pure iso4217:GBP iso4217:GBP

Registration number: 02444884  

Field's of Bromsgrove Limited 

Unaudited Filleted Financial Statements

 

For The Year​ Ended 31 December 2025

Ballards LLP 

Chartered Accountants 

Oakmoore Court 

11c Kingswood Road 

Hampton Lovett 

Droitwich 

Worcestershire 

WR9 0QH

Field's of Bromsgrove

 

Company information
2
Balance sheet
3
Notes to the financial statements
5

 

Company information

 

 

​Directors

P J Field
T C Field

Registered office

​​Dunley Service Station​
Dunley​
​
Stourport On Severn​
Worcestershire​
DY13 0UE​

Accountants

Ballards LLP 
11c Kingswood Road
Hampton Lovett
Droitwich 
Worcestershire
WR9 0QH

2

 

Field's of Bromsgrove Limited

Registered number: 02444884

 

Balance sheet

as at 31 December 2025

Note
2025
£
2024
£
Fixed assets
)
)
Tangible fixed assets
 4
388,372
)
394,498
)
Current assets
)
)
Stocks
 5
1,024,886
)
1,066,033
)
Debtors: amounts falling due within one year
 6
169,098
)
139,538
)
Cash at bank and in hand
337,951
)
418,362
)
 
1,531,935
)
1,623,933
)
Creditors: amounts falling due within one year
 7
(521,090)
(478,814)
Net current assets
1,010,845
)
1,145,119
)
Net assets
1,399,217
)
1,539,617
)
Capital and reserves
)
)
Called up share capital
100
)
100
)
Revaluation reserve
97,954
)
98,109
)
Profit and loss account
1,301,164
)
1,441,408
)
Total capital and reserves
1,399,218
)
1,539,617
)
For the year​ ending 31 December 2025, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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
The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Profit and loss account and statement of other comprehensive income in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf:

3

 

Field's of Bromsgrove Limited

Registered number: 02444884

 

Balance sheet

as at 31 December 2025

P J Field
Director

Date: 30 September 2026 

The notes 8 on to 13 form part of these financial statements.

4

 Field's of Bromsgrove Limited

 

1.

General information

Field's of Bromsgrove Limited is a private company limited by share capital, incorporated in England & Wales. 

The address of its registered office is
Dunley Service Station
Dunley

Stourport On Severn
Worcestershire

2.

Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been applied consistently to all periods presented, unless otherwise stated.

a.

Basis of preparation of financial statements

The financial statements have been prepared under the historic cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of ​Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's​ accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note #.

The Company's functional and presentational currency is the Pound Sterling.
b.

Revenue

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

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

  • the Company​​​ ​has transferred the significant risks and rewards of ownership to the buyer;
  • the Company​​​ retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
  • the amount of revenue can be measured reliably;
  • it is probable that the Company​​​ will receive the consideration due under the transaction; and
  • the costs incurred or to be incurred in respect of the transaction can be measured reliably.

5

 Field's of Bromsgrove Limited

 

2.

Accounting policies

continued
b.

Revenue

continued

Rendering of services

Revenue from a contract to provide services is recognised in the period in which services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:the amount of revenue can be measured reliably;it is probable that the Company​​​ will receive the consideration due under the transaction;the stage of completion of the contract at the end of the reporting period can be measured reliably; andthe costs incurred or to be incurred in respect of the transaction can be measured reliably.
c.

Taxation

The tax expense for the year​ comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item recognised in other comprehensive income or directly in equity. In this case, the tax is recognised in other comprehensive income or directly in equity respectively.The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company ​​operates​ ​and generates​​ income.
d.

Tangible fixed assets​​

Tangible fixed assets are initially recognised at cost. Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Subsequently, tangible fixed assets are measured using the cost model or the revaluation model. Under the cost model, intangible assets are measured at cost less any accumulated depreciation and any accumulated impairment losses. Under the revaluation model, tangible fixed assets are carried at a revalued amount, being their fair value on the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses, provided that the fair value can be measured reliably. Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period. Gains and losses on revaluation are recognised in other comprehensive income unless losses exceed previously recognised gains, in which case excess losses are recognised in profit or loss.
Land is not depreciated as it is considered to have an unlimited useful life.

All other tangible fixed assets are considered to have a finite useful life.

6

 Field's of Bromsgrove Limited

 

2.

Accounting policies

continued
d.

Tangible fixed assets​​

continued

Depreciation is calculated to allocate the depreciable amount of tangible fixed assets to their residual values over their estimated useful lives on the following bases​:

Freehold property
     -
2
)
%
Plant and machinery
     -
20
)
%
Fixtures and fittings
     -
20
)
%
Office equipment
     -
20
)
%

If factors such as a change in how an asset is used, technological advancement, or changes in market prices indicate that the residual value or useful life of an asset has changed since the most recent balance sheet date, the Company reviews its previous estimates and, if current expectations differ, amends the residual value, amortisation method or useful life, accounting for this as a change in an accounting estimate.

e.

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a ​​ basis. Finished goods​ include labour costs and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If an item of stock​ is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

f.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits with financial institutions repayable without penalty on notice of not more than 24 hours, other highly liquid investments that mature in no more than three months from the date of acquisition and bank overdrafts. Bank overdrafts, where applicable, are shown within 'Creditors: amounts due within one year'.
g.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

7

 Field's of Bromsgrove Limited

 

2.

Accounting policies

continued
g.

Trade debtors

continued

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

h.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

i.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3.

Employees

The average number of persons employed by the company (including directors) during the year, was 11  (2024 - 10 ).

8

 Field's of Bromsgrove Limited

 

4.

Tangible fixed assets​

Freehold property
£
Plant and machinery
£
Fixtures and fittings
£
Office equipment
£
Total
£
Cost or valuation
)
)
)
)
)
At 1 January 2025
400,000
)
25,282
)
136,233
)
56,860
)
618,375
)
Additions
-
)
4,880
)
-
)
-
)
4,880
)
At 31 December 2025
400,000
)
30,162
)
136,233
)
56,860
)
623,255
)
Depreciation and impairment
)
)
)
)
)
At 1 January 2025
(16,000)
(19,932)
(132,561)
(55,383)
(223,876)
Charge for the year on owned assets
(8,000)
(1,388)
(1,277)
(342)
(11,007)
At 31 December 2025
(24,000)
(21,320)
(133,838)
(55,725)
(234,883)
Net book value
)
)
)
)
)
At 31 December 2025
376,000
)
8,842
)
2,395
)
1,135
)
388,372
)
At 31 December 2024
384,000
)
5,350
)
3,671
)
1,477
)
394,498
)

The Company​​ holds tangible fixed assets which are included at revalued amounts. These assets have been revalued as follows:

The fair value of the company's Land and buildings was revalued on 31 December 2022. An independent valuer was not involved. Had this class of asset been measured on a historical cost basis, the carrying amount would have been £237,602 (2024 - £245,395). 

5.

Stocks

2025
£
2024
£
Other inventories
1,024,886
)
1,066,033
)

9

 Field's of Bromsgrove Limited

 

6.

Debtors​​​

2025
£
2024
£
Due within one year
)
)
Trade debtors
23433
)
61182
)
Other debtors
93793
)
50485
)
Prepayments and accrued income
51872
)
27871
)
 
169,098
)
139,538
)
7.

Creditors​: amounts falling due within one year

2025
£
2024
£
Trade creditors
381,086
)
183,041
)
Other taxation and social security
50,368
)
79,995
)
Other creditors
81,388
)
205,128
)
Accruals and deferred income
8,248
)
10,650
)
 
521,090
)
478,814
)

10