Company Registration No. 12376829 (England and Wales)
CHURCH ROAD CENTRAL STORES LTD
Unaudited accounts
for the year ended 31 December 2023
CHURCH ROAD CENTRAL STORES LTD
Unaudited accounts
Contents
CHURCH ROAD CENTRAL STORES LTD
Company Information
for the year ended 31 December 2023
Director
Mrs Mithuna Surenthiran
Company Number
12376829 (England and Wales)
Registered Office
Morritt House 54-60 Station Approach
South Ruislip
Ruislip
Middlesex
HA4 6SA
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
CHURCH ROAD CENTRAL STORES LTD
Accountants' report
Accountants' report to the director of CHURCH ROAD CENTRAL STORES LTD on the preparation of the unaudited statutory accounts 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 ROAD CENTRAL STORES LTD for the year ended
31 December 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of CHURCH ROAD CENTRAL STORES LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of CHURCH ROAD CENTRAL STORES LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CHURCH ROAD CENTRAL STORES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CHURCH ROAD CENTRAL STORES LTD 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 ROAD CENTRAL STORES LTD. You consider that CHURCH ROAD CENTRAL STORES LTD 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 ROAD CENTRAL STORES LTD. 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.
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
2 July 2024
CHURCH ROAD CENTRAL STORES LTD
Statement of financial position
as at 31 December 2023
Intangible assets
4,000
6,000
Tangible assets
44,721
11,682
Cash at bank and in hand
18,777
27,603
Creditors: amounts falling due within one year
(41,946)
(17,639)
Net current assets
14,114
61,102
Total assets less current liabilities
62,835
78,784
Creditors: amounts falling due after more than one year
(30,833)
(40,833)
Provisions for liabilities
Deferred tax
(1,157)
(1,836)
Called up share capital
100
100
Profit and loss account
30,745
36,015
Shareholders' funds
30,845
36,115
For the year ending 31 December 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 her 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 2 July 2024 and were signed on its behalf by
Mrs Mithuna Surenthiran
Director
Company Registration No. 12376829
CHURCH ROAD CENTRAL STORES LTD
Notes to the Accounts
for the year ended 31 December 2023
CHURCH ROAD CENTRAL STORES LTD is a private company, limited by shares, registered in England and Wales, registration number 12376829. The registered office is Morritt House 54-60 Station Approach, South Ruislip, Ruislip, Middlesex, HA4 6SA, United Kingdom.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised over 6 years
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
CHURCH ROAD CENTRAL STORES LTD
Notes to the Accounts
for the year ended 31 December 2023
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
4
Intangible fixed assets
Goodwill
At 31 December 2023
12,000
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
-
18,305
18,305
At 31 December 2023
42,450
18,305
60,755
At 1 January 2023
-
6,623
6,623
Charge for the year
7,075
2,336
9,411
At 31 December 2023
7,075
8,959
16,034
At 31 December 2023
35,375
9,346
44,721
At 31 December 2022
-
11,682
11,682
Amounts falling due within one year
Amounts falling due after more than one year
CHURCH ROAD CENTRAL STORES LTD
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,150
6,591
Taxes and social security
4,430
4,999
Other creditors
3,681
4,097
Loans from directors
30,554
-
Included above is a loan of £30,554 (2022 - NIL) from Mithuna Surenthiran, the company director.
8
Creditors: amounts falling due after more than one year
2023
2022
9
Deferred taxation
2023
2022
Accelerated capital allowances
1,157
1,836
Provision at start of year
1,836
2,104
Credited to the profit and loss account
(679)
(268)
Provision at end of year
1,157
1,836
10
Average number of employees
During the year the average number of employees was 4 (2022: 4).