REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 |
FOR |
CHRISTOPHER CONSTRUCTION SERVICES LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 |
FOR |
CHRISTOPHER CONSTRUCTION SERVICES LTD |
CHRISTOPHER CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 03455247) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
Page |
Balance sheet | 1 |
Notes to the financial statements | 2 |
CHRISTOPHER CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 03455247) |
BALANCE SHEET |
31 OCTOBER 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investment property | 4 |
Current assets |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year | 6 |
Net assets/(liabilities) | ( |
) |
Capital and reserves |
Called up share capital | 8 |
Retained earnings | ( |
) |
Shareholders' funds | ( |
) |
The directors acknowledge their 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CHRISTOPHER CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 03455247) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
1. | Statutory information |
Christopher Construction Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03455247. The registered office and business address is 41 Church Road, Ferndown, Wimborne, BH22 9ES. |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover represents income received from investment property by way of rent and management charges receivable. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Investment property is shown at cost in the year of acquisition and at the most recent valuation in subsequent years. Any aggregate surplus or deficit arising from changes in fair value is recognised within other comprehensive income. |
The directors do not consider that the value of this property, at this year-end, has materially altered since its acquisition. Therefore no fair value adjustment is required at the year end. |
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 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. |
Financial instruments |
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
3. | Employees and directors |
The average number of employees during the year was |
CHRISTOPHER CONSTRUCTION SERVICES LTD (REGISTERED NUMBER: 03455247) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 OCTOBER 2023 |
4. | Investment property |
Total |
£ |
Fair value |
At 1 November 2022 |
and 31 October 2023 |
Net book value |
At 31 October 2023 |
At 31 October 2022 |
The directors have valued the properties, at the Balance Sheet date and the value remains in line with the cost of purchase, with no revaluation required. |
5. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Tax |
Other creditors |
Directors' current accounts | 254,927 | 283,068 |
Accruals and deferred income |
6. | Creditors: amounts falling due after more than one year |
2023 | 2022 |
£ | £ |
Bank loans more 5 yr by instal |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 593,623 | 593,637 |
7. | Secured debts |
All monies due to or to become due to Together Commercial Finance Limited are secured by way of a fixed and floating charge over the properties owned by the company at Homelands House, dated 20 October 2022. |
All monies due to or to become due to Topaz Finance Limited secured by way of a fixed and floating charge over the property 130 Herbert Avenue, dated 16 May 2022. |
8. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 1,000 | 1,000 |
9. | Ultimate controlling party |
The Company is under the control of the Directors, Mr and Mrs Christopher, by virtue of their combined 100% holding of the issued voting share capital of the Company. |