Company Registration No. 9135960 (England and Wales)
Churchers Mobility Ltd
Unaudited accounts
for the year ended 30 June 2023
Churchers Mobility Ltd
Unaudited accounts
Contents
Churchers Mobility Ltd
Company Information
for the year ended 30 June 2023
Company Number
9135960 (England and Wales)
Registered Office
17 Ferry Road
Shoreham by Sea
BN43 5RA
Accountants
Ian Sykes and Co Limited
1 Windlesham Gardens
Shoreham by Sea
West Sussex
BN43 5AD
Churchers Mobility Ltd
Statement of financial position
as at 30 June 2023
Intangible assets
2,000
4,000
Tangible assets
10,399
18,483
Cash at bank and in hand
41,053
29,561
Creditors: amounts falling due within one year
(78,966)
(59,296)
Net current assets
11,046
1,559
Called up share capital
100
100
Profit and loss account
23,345
23,942
Shareholders' funds
23,445
24,042
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 February 2024 and were signed on its behalf by
Ross Churcher
Director
Company Registration No. 9135960
Churchers Mobility Ltd
Notes to the Accounts
for the year ended 30 June 2023
Churchers Mobility Ltd is a private company, limited by shares, registered in England and Wales, registration number 9135960. The registered office is 17 Ferry Road, Shoreham by Sea, BN43 5RA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
Revenue, described as turnover, is the value of goods provided to customers during the year, plus the value of work performed during the year with respect to services.
Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services on the completion of each individual assignment.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line basis
Motor vehicles
25% Straight Line basis
Fixtures & fittings
25% Straight Line basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax has been provided in full in respect of taxation deferred by timing differences (including fair value adjustments) between the treatment of certain items for taxation and accounting purposes except that a deferred tax asset is only recognised to the extent that it is recoverable. Deferred tax is measured using the rate that is expected to apply in the periods in which the timing differences are expected to reverse.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Churchers Mobility Ltd
Notes to the Accounts
for the year ended 30 June 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
4,424
24,365
20,050
2,797
51,636
At 30 June 2023
4,424
24,365
20,050
2,797
51,636
At 1 July 2022
442
12,639
17,275
2,797
33,153
Charge for the year
442
6,717
925
-
8,084
At 30 June 2023
884
19,356
18,200
2,797
41,237
At 30 June 2023
3,540
5,009
1,850
-
10,399
At 30 June 2022
3,982
11,726
2,775
-
18,483
Amounts falling due within one year
Trade debtors
12,726
1,001
Accrued income and prepayments
2,660
2,722
Churchers Mobility Ltd
Notes to the Accounts
for the year ended 30 June 2023
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
63,805
50,044
Taxes and social security
7,062
3,142
Loans from directors
6,358
4,236
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).