CHURCH HILL PROPERTIES LIMITED

Company Registration Number:
04467188 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CHURCH HILL PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

CHURCH HILL PROPERTIES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 429 1
Investments: 4 700,000 700,000
Total fixed assets: 700,429 700,001
Current assets
Debtors:   3,146 276
Cash at bank and in hand: 195,048 208,297
Total current assets: 198,194 208,573
Creditors: amounts falling due within one year:   (5,883) (6,027)
Net current assets (liabilities): 192,311 202,546
Total assets less current liabilities: 892,740 902,547
Creditors: amounts falling due after more than one year:   (288,069) (317,784)
Provision for liabilities: (82) 0
Total net assets (liabilities): 604,589 584,763
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:5489,995489,995
Profit and loss account: 114,494 94,668
Shareholders funds: 604,589 584,763

The notes form part of these financial statements

CHURCH HILL PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 August 2024
and signed on behalf of the board by:

Name: Ms Susan Robertson
Status: Director

The notes form part of these financial statements

CHURCH HILL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:- Fixtures, fittings & equipment 25% Straight Line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

CHURCH HILL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31st March 2018 by an independent firm of Chartered Surveyors, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties

CHURCH HILL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 1,993
Additions 479
At 31 March 2024 2,472
Depreciation
At 01 April 2023 1,992
Charge for year 51
At 31 March 2024 2,043
Net book value
At 31 March 2024 429
At 31 March 2023 1

CHURCH HILL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss

CHURCH HILL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Revaluation reserve

2024
£
Balance at 01 April 2023 489,995
Surplus or deficit after revaluation 0
Balance at 31 March 2024 489,995