2023-01-01 2023-12-31 false Capium Accounts Production 1.1 03958654 bus:AbridgedAccounts 2023-01-01 2023-12-31 03958654 bus:FRS102 2023-01-01 2023-12-31 03958654 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03958654 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03958654 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03958654 2023-01-01 2023-12-31 03958654 2023-12-31 03958654 bus:RegisteredOffice 2023-01-01 2023-12-31 03958654 core:WithinOneYear 2023-12-31 03958654 core:AfterOneYear 2023-12-31 03958654 bus:Director1 2023-01-01 2023-12-31 03958654 bus:Director1 2023-12-31 03958654 bus:Director1 2022-01-01 2022-12-31 03958654 bus:Director2 2023-01-01 2023-12-31 03958654 bus:Director2 2023-12-31 03958654 bus:Director2 2022-01-01 2022-12-31 03958654 2022-01-01 03958654 bus:CompanySecretary1 2023-01-01 2023-12-31 03958654 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 03958654 2022-01-01 2022-12-31 03958654 2022-12-31 03958654 core:WithinOneYear 2022-12-31 03958654 core:AfterOneYear 2022-12-31 03958654 bus:EntityAccountantsOrAuditors 2022-01-01 2022-12-31 03958654 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 03958654 bus:OrdinaryShareClass1 2023-12-31 03958654 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 03958654 bus:OrdinaryShareClass1 2022-12-31 03958654 core:LandBuildings 2023-01-01 2023-12-31 03958654 core:LandBuildings 2023-12-31 03958654 core:LandBuildings 2022-12-31 03958654 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 03958654 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-12-31 03958654 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 03958654 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 03958654 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 03958654 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 03958654 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 03958654 core:Non-currentFinancialInstruments 2023-12-31 03958654 core:Non-currentFinancialInstruments 2022-12-31 03958654 core:ShareCapital 2023-12-31 03958654 core:ShareCapital 2022-12-31 03958654 core:RetainedEarningsAccumulatedLosses 2023-12-31 03958654 core:RetainedEarningsAccumulatedLosses 2022-12-31 03958654 dpl:Item1 2023-01-01 03958654 dpl:Item1 2023-12-31 03958654 dpl:Item1 2022-01-01 03958654 dpl:Item1 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 03958654
England and Wales

 

 

 

CHURCH STREET INVESTMENTS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 January 2023

End date: 31 December 2023
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Church Street Investments Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Church Street Investments Limited for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of Church Street Investments Limited , as a body, in accordance with the terms of our engagement letter dated 07 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Church Street Investments Limited and state those matters that we have agreed to state to the Board of Directors of Church Street Investments Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Church Street Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Church Street Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Church Street Investments Limited . You consider that Church Street Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Church Street Investments Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 December 2023



....................................................
Boffix & Co Accountancy Limited
St Alban Tower
Wood Street
London
EC2V 7AF
07 August 2024
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 240,000    240,000 
240,000    240,000 
Current assets      
Stocks 315,000    315,000 
Debtors: amounts falling due within one year 1,020,000    1,015,667 
Cash at bank and in hand 7,267    5,356 
1,342,267    1,336,023 
Creditors: amount falling due within one year (523)   (246)
Net current assets 1,341,744    1,335,777 
 
Total assets less current liabilities 1,581,744    1,575,777 
Accruals and deferred income (491)   (951)
Net assets 1,581,253    1,574,826 
 

Capital and reserves
     
Called up share capital 4 1,000    1,000 
Profit and loss account 1,580,253    1,573,826 
Shareholders' funds 1,581,253    1,574,826 
 


For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 07 August 2024 and were signed on its behalf by:


-------------------------------
Miles Dobson
Director
-------------------------------
James Sheppard
Director
2
General Information
Church Street Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 03958654, registration address Thorncroft Manor, Thorncroft Drive, Leatherhead, Surrey, KT22 8JB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 2% Straight Line
Investment properties
Investment properties include those portions of office buildings that are held for longterm rental yields and/or for capital appreciation and land under operating leases that is held for long-term capital appreciation or for a currently indeterminate use. Investment properties include properties that are being constructed or developed for future use as investment properties. Investment properties are initially recognised at cost and subsequently carried at fair value, determined annually by the directors of the company. Changes in fair values are recognised in profit or loss. Investment properties are subject to renovations or improvements at regular intervals. The cost of major renovations and improvements is capitalised and the carrying amounts of the replaced components are recognised in profit or loss. The cost of maintenance, repairs and minor improvements is recognised in profit or loss when incurred. On disposal of an investment property, the difference between the disposal proceeds and the carrying amount is recognised in profit or loss.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 01 January 2023 240,000    240,000 
Additions  
Disposals  
At 31 December 2023 240,000    240,000 
Depreciation
At 01 January 2023  
Charge for year  
On disposals  
At 31 December 2023  
Net book values
Closing balance as at 31 December 2023 240,000    240,000 
Opening balance as at 01 January 2023 240,000    240,000 

Included in Freehold land and building is £240,000 which relates to land that has not been depreciated.
In respect of the Freehold land & building stated at valuation, the historical costs are as follows:

Property Original Cost
£
 Developments
£
 Fair Value Adjustment
£
 Transfer to Development Property
£
 Fair Value Carrying Value
£
Devonshire House - Land240,000 240,000 
240,000 240,000 


4.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
1,000 Ordinary shares of £1.00 each 1,000    1,000 
1,000    1,000 

3