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REGISTERED NUMBER: 02458240 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

CHURCHILL ASSOCIATES (UK) LIMITED

CHURCHILL ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 02458240)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CHURCHILL ASSOCIATES (UK) LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: D J Shaw
Mrs W J Shaw





REGISTERED OFFICE: Shirley House
High Street
Newent
Gloucestershire
GL18 1AY





REGISTERED NUMBER: 02458240 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

CHURCHILL ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 02458240)

STATEMENT OF FINANCIAL POSITION
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 360 720

CURRENT ASSETS
Debtors 5 31,301 30,087
Investments 6 - 7,500
Cash at bank 2,723 16,539
34,024 54,126
CREDITORS
Amounts falling due within one year 7 7,321 22,183
NET CURRENT ASSETS 26,703 31,943
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,063

32,663

PROVISIONS FOR LIABILITIES 68 137
NET ASSETS 26,995 32,526

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 26,991 32,522
SHAREHOLDERS' FUNDS 26,995 32,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

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.

CHURCHILL ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 02458240)

STATEMENT OF FINANCIAL POSITION - continued
30 April 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by:





D J Shaw - Director


CHURCHILL ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 02458240)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Churchill Associates (UK) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CHURCHILL ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 02458240)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2023
and 30 April 2024 2,985
DEPRECIATION
At 1 May 2023 2,265
Charge for year 360
At 30 April 2024 2,625
NET BOOK VALUE
At 30 April 2024 360
At 30 April 2023 720

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,345 25,087
Other debtors 956 5,000
31,301 30,087

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments - 7,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 8,902
Taxation and social security 6,301 7,960
Other creditors 1,020 5,321
7,321 22,183

8. RELATED PARTY DISCLOSURES

At 30 April 2024 other creditors included loans made to the company by the directors of £69 (2023: £4,417). The loans are interest free and have no fixed date for repayment.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Shaw and Mrs W Shaw.