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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
Page
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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
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Church Road Trading Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
44,866 
52,977 
Investments
11,827 
11,827 
56,693 
64,804 
Current assets
Inventories
75,224 
75,407 
Debtors
46,560 
55,378 
Cash at bank and in hand
164,034 
176,155 
285,818 
306,940 
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 
Capital and reserves
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
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Church Road Trading Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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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 
Depreciation
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 
Net book value
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 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
23,300 
40,527 
Other debtors
23,260 
14,851 
46,560 
55,378 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
19,902 
10,856 
Taxes and social security
36,709 
27,054 
Accruals
14,537 
55,891 
81,148 
103,801 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,839 
25,213 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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