Company Registration No. 11639343 (England and Wales)
Church Road Trading Limited
Unaudited accounts
for the year ended 31 March 2024
Church Road Trading Limited
Unaudited accounts
Contents
Church Road Trading Limited
Company Information
for the year ended 31 March 2024
Directors
Tim Bates
Michelle Bates
Company Number
11639343 (England and Wales)
Registered Office
The Good Intent Stores Church Road
Friskney
Boston
PE22 8RD
Accountants
WatsonCo Chartered Accountants
Croft House Farm
Croft Marsh Lane
Croft
Lincolnshire
PE24 4AR
Church Road Trading Limited
Statement of financial position
as at 31 March 2024
Tangible assets
44,866
52,977
Cash at bank and in hand
164,034
176,155
Creditors: amounts falling due within one year
(81,148)
(103,801)
Net current assets
204,670
203,139
Total assets less current liabilities
261,363
267,943
Creditors: amounts falling due after more than one year
(14,839)
(25,213)
Net assets
246,524
242,730
Called up share capital
100
100
Profit and loss account
246,424
242,630
Shareholders' funds
246,524
242,730
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
Tim Bates
Director
Company Registration No. 11639343
Church Road Trading Limited
Notes to the Accounts
for the year ended 31 March 2024
Church Road Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 11639343. The registered office is The Good Intent Stores Church Road, Friskney, Boston, PE22 8RD.
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.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Land & buildings
10% on cost
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33% on cost
Church Road Trading Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2023
26,498
1,050
31,702
2,880
8,850
70,980
Additions
-
811
-
-
1,805
2,616
At 31 March 2024
26,498
1,861
31,702
2,880
10,655
73,596
At 1 April 2023
-
35
12,692
1,502
3,774
18,003
Charge for the year
2,650
257
4,752
276
2,792
10,727
At 31 March 2024
2,650
292
17,444
1,778
6,566
28,730
At 31 March 2024
23,848
1,569
14,258
1,102
4,089
44,866
At 31 March 2023
26,498
1,015
19,010
1,378
5,076
52,977
5
Investments
Other investments
Valuation at 1 April 2023
11,827
Valuation at 31 March 2024
11,827
Amounts falling due within one year
Accrued income and prepayments
23,300
40,527
Other debtors
23,260
14,851
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
36,709
27,054
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).