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REGISTERED NUMBER: 06679370 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CHANNEL D SERVICES LIMITED

CHANNEL D SERVICES LIMITED (REGISTERED NUMBER: 06679370)






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




Page

Company Information 1

Report of the Accountants 2

Abridged Balance Sheet 3

Notes to the Financial Statements 6


CHANNEL D SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: W M Lainchbury





REGISTERED OFFICE: 47 Station Road
Collingham
Newark
NG23 7RA





REGISTERED NUMBER: 06679370 (England and Wales)





ACCOUNTANTS: Accountancy Online Limited
6 Elsley Road
Tilehurst
Reading
RG31 6RN

CHANNEL D SERVICES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
CHANNEL D SERVICES LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Online Limited
6 Elsley Road
Tilehurst
Reading
RG31 6RN


5 September 2024

CHANNEL D SERVICES LIMITED (REGISTERED NUMBER: 06679370)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 447,905 447,948

CURRENT ASSETS
Debtors 66,571 70,993
Cash at bank 156,516 147,157
223,087 218,150
CREDITORS
Amounts falling due within one year (28,648 ) (23,912 )
NET CURRENT ASSETS 194,439 194,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

642,344

642,186

CREDITORS
Amounts falling due after more than one year 5 (271,646 ) (272,253 )

PROVISIONS FOR LIABILITIES 7 (24 ) (32 )
NET ASSETS 370,674 369,901

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 370,673 369,900
SHAREHOLDERS' FUNDS 370,674 369,901

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

CHANNEL D SERVICES LIMITED (REGISTERED NUMBER: 06679370)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

CHANNEL D SERVICES LIMITED (REGISTERED NUMBER: 06679370)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023



The financial statements were approved by the director and authorised for issue on 5 September 2024 and were signed by:





W M Lainchbury - Director


CHANNEL D SERVICES LIMITED (REGISTERED NUMBER: 06679370)

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

1. STATUTORY INFORMATION

Channel D Services 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Computer equipment - 25% on reducing balance

For the freehold property no depreciation charge has been made on the grounds that it would be immaterial because the estimated residual value is not considered to be materially different from the carrying value of the asset.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

CHANNEL D SERVICES LIMITED (REGISTERED NUMBER: 06679370)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 448,088
DEPRECIATION
At 1 January 2023 140
Charge for year 43
At 31 December 2023 183
NET BOOK VALUE
At 31 December 2023 447,905
At 31 December 2022 447,948

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable by instalments
Other loans more 5yrs instal 22,143 36,736

6. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Lloyds Bank Loans 155,733 170,326

Lloyds Bank PLC has fixed and floating charges over the business, and all of the business freehold locations.

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 24 32

Deferred
tax
£   
Balance at 1 January 2023 32
Credit to Income Statement during year (8 )
Balance at 31 December 2023 24

CHANNEL D SERVICES LIMITED (REGISTERED NUMBER: 06679370)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 January 2023 369,900
Profit for the year 26,535
Dividends (25,762 )
At 31 December 2023 370,673

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end £138,178 was owed to the director, M Lainchbury (2022: £124,192). This amount is interest free and without repayment conditions.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £25,762 (2022 - £26,280) were paid to the director .

12. ULTIMATE CONTROLLING PARTY

The controlling party is W M Lainchbury.

The ultimate controlling party is W M Lainchbury.