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REGISTERED NUMBER: 12247501 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CHURCH LANE HOMES LIMITED

CHURCH LANE HOMES LIMITED (REGISTERED NUMBER: 12247501)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CHURCH LANE HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: C M Bard





REGISTERED OFFICE: 19 Linthorpe Road
London
N16 5RE





REGISTERED NUMBER: 12247501 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

CHURCH LANE HOMES LIMITED (REGISTERED NUMBER: 12247501)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Investment property 4 453,199 453,199

CURRENT ASSETS
Cash at bank 45,005 45,319

CREDITORS
Amounts falling due within one year 5 (143,337 ) (141,634 )
NET CURRENT LIABILITIES (98,332 ) (96,315 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

354,867

356,884

CREDITORS
Amounts falling due after more than one
year

6

(356,402

)

(362,320

)
NET LIABILITIES (1,535 ) (5,436 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (1,537 ) (5,438 )
SHAREHOLDERS' FUNDS (1,535 ) (5,436 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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 29 July 2024 and were signed by:




C M Bard - Director


CHURCH LANE HOMES LIMITED (REGISTERED NUMBER: 12247501)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Church Lane Homes Limited 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.

Turnover
Turnover represents net rent receivable, excluding value added tax.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 453,199
NET BOOK VALUE
At 31 October 2023 453,199
At 31 October 2022 453,199

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other creditors 142,677 139,827
Directors' current accounts - 1,177
Accrued expenses 660 630
143,337 141,634

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans more 5 yrs non-inst 317,460 317,460
Other loans more 5yrs instal 38,942 44,860
356,402 362,320

CHURCH LANE HOMES LIMITED (REGISTERED NUMBER: 12247501)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.10.23 31.10.22
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 317,460 317,460

Repayable by instalments
Other loans more 5yrs instal 38,942 44,860

7. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
£    £   
Bank loans 317,460 317,460
Other loans 38,942 44,860
356,402 362,320

1. Long term bank loan is secured by first charge over the company's investment property.

2. Under the bank loan, £38,942 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 November 2022 (5,438 )
Profit for the year 3,901
At 31 October 2023 (1,537 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is C M Bard.