Company Registration No. 11705313 (England and Wales)
Churchill Motorcycles Limited
Unaudited accounts
for the year ended 30 November 2024
Churchill Motorcycles Limited
Unaudited accounts
Contents
Churchill Motorcycles Limited
Company Information
for the year ended 30 November 2024
Directors
Mr I Churchill
Mrs C Churchill
Company Number
11705313 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
MK18 1NU
United Kingdom
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Churchill Motorcycles Limited
Statement of financial position
as at 30 November 2024
Tangible assets
18,349
23,347
Inventories
107,033
167,295
Cash at bank and in hand
13,244
11,309
Creditors: amounts falling due within one year
(110,146)
(129,608)
Net current assets
13,691
49,423
Total assets less current liabilities
32,040
72,770
Provisions for liabilities
Deferred tax
(4,202)
(4,436)
Called up share capital
2
2
Profit and loss account
27,836
68,332
Shareholders' funds
27,838
68,334
For the year ending 30 November 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 10 January 2025 and were signed on its behalf by
Mr I Churchill
Director
Company Registration No. 11705313
Churchill Motorcycles Limited
Notes to the Accounts
for the year ended 30 November 2024
Churchill Motorcycles Limited is a private company, limited by shares, registered in England and Wales, registration number 11705313. The registered office is Moreton House, 31 High Street, Buckingham, MK18 1NU, 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
9,137
23,317
4,642
5,617
42,713
At 30 November 2024
9,137
23,317
4,642
5,617
42,713
At 1 December 2023
4,097
9,126
2,693
3,450
19,366
Charge for the year
1,233
2,838
390
537
4,998
At 30 November 2024
5,330
11,964
3,083
3,987
24,364
At 30 November 2024
3,807
11,353
1,559
1,630
18,349
At 30 November 2023
5,040
14,191
1,949
2,167
23,347
Amounts falling due within one year
Churchill Motorcycles Limited
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
4,384
Trade creditors
2,724
26,697
Taxes and social security
-
162
Loans from directors
107,003
97,435
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).