Accounts filed on 31-03-2023

Accounts filed on 31-03-2023

PLAYFIELDS LIMITED - Company Information

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08769207falsecreative consultancy2022-01-012023-03-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-12-31http://www.companieshouse.gov.uk/cd:Director12022-01-012023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director22022-01-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2021-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-01-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-01-012023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-01-012023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32022-01-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-01-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-12-31http://www.companieshouse.gov.uk/2022-01-012023-03-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/cd:FRS1022022-01-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-01-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-01-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08769207
Playfields Limited
ACCOUNTS
FOR THE 455 DAY PERIOD ENDED 31/03/2023
Prepared By:
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS117AT
Playfields Limited
ACCOUNTS
FOR THE 455 DAY PERIOD ENDED 31/03/2023
DIRECTORS
Z Manor-Abel (resigned 31 January 2023)
M Jackel
REGISTERED OFFICE
The Print House
18 Ashwin Street
London
E8 3DL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08769207
ACCOUNTANTS
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS117AT
Playfields Limited
ACCOUNTS
FOR THE455 DAY PERIODENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Playfields Limited
BALANCE SHEET AT 31/03/2023
20232021
Notes££
FIXED ASSETS
Tangible assets26,9562,068
CURRENT ASSETS
Debtors3-409
Cash at bank and in hand4,07811,672
4,07812,081
CREDITORS: Amounts falling due within one year45,3782,690
NET CURRENT (LIABILITIES) / ASSETS(1,300)9,391
TOTAL ASSETS LESS CURRENT LIABILITIES5,65611,459
CAPITAL AND RESERVES
Called up share capital6102102
Profit and loss account5,55411,357
SHAREHOLDERS' FUNDS5,65611,459
For the year ending 31/03/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/09/2023 and signed on their behalf by
.............................
M Jackel
Director
.............................
Playfields Limited
NOTES TO THE ACCOUNTS
FOR THE 455 DAY PERIOD ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance25%
1c. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
Playfields Limited
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/01/20229,7549,754
Additions7,2077,207
At 31/03/202316,96116,961
Depreciation
At 01/01/20227,6867,686
For the 455 day period2,3192,319
At 31/03/202310,00510,005
Net Book Amounts
At 31/03/20236,9566,956
At 31/12/20212,0682,068
3. DEBTORS 20232021
££
Amounts falling due within one year
VAT-409
-409
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232021
££
Z Manor-Abel-1,263
M Jackel4,520749
Accruals858678
5,3782,690
5. EMPLOYEES
20232021
No.No.
Average number of employees22
Playfields Limited
6. SHARE CAPITAL 20232021
££
Allotted, issued and fully paid:
100 Ordinary A shares of £1 each100100
1 Ordinary B shares of £1 each11
1 Ordinary C shares of £1 each11
102102
7. CONTROLLING PARTY
No one party is the ultimate controlling party of the company.