Registration number:
All Saints Church End Projects Limited
for the Year Ended 30 June 2024
All Saints Church End Projects Limited
Contents
Company Information |
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Director's Report |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
All Saints Church End Projects Limited
Company Information
Director |
Mr B Garner |
Registered office |
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Accountants |
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All Saints Church End Projects Limited
Director's Report for the Year Ended 30 June 2024
The director presents his report and the financial statements for the year ended 30 June 2024.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is that of educational support services.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
All Saints Church End Projects Limited
for the Year Ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of All Saints Church End Projects Limited for the year ended 30 June 2024 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of All Saints Church End Projects Limited, as a body, in accordance with the terms of our instructions. Our work has been undertaken solely to prepare for your approval the accounts of All Saints Church End Projects Limited and state those matters that we have agreed to state to the Board of Directors of All Saints Church End Projects Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than All Saints Church End Projects Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that All Saints Church End Projects Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of All Saints Church End Projects Limited. You consider that All Saints Church End Projects Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of All Saints Church End Projects Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Accountants
Newport Pagnell
Buckinghamshire
MK16 8HJ
All Saints Church End Projects Limited
Profit and Loss Account for the Year Ended 30 June 2024
Note |
2024 |
2023 |
|
Turnover |
|
|
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Gross profit |
|
|
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Administrative expenses |
( |
( |
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Operating loss |
(662) |
(643) |
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Loss before tax |
( |
( |
|
Loss for the financial year |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
All Saints Church End Projects Limited
(Registration number: 10214784)
Balance Sheet as at 30 June 2024
Note |
2024 |
2023 |
|
Fixed assets |
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Intangible assets |
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|
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Current assets |
|||
Debtors |
|
|
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Cash at bank and in hand |
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|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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|
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Total assets less current liabilities |
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|
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net (liabilities)/assets |
( |
|
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Capital and reserves |
|||
Called up share capital |
5,500 |
5,500 |
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Retained earnings |
(5,839) |
(5,177) |
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Shareholders' (deficit)/funds |
(339) |
323 |
For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
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All Saints Church End Projects Limited
Statement of Changes in Equity for the Year Ended 30 June 2024
Share capital |
Retained earnings |
Total |
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At 1 July 2023 |
|
( |
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Loss for the year |
- |
( |
( |
At 30 June 2024 |
|
( |
( |
Share capital |
Retained earnings |
Total |
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At 1 July 2022 |
|
( |
|
Loss for the year |
- |
( |
( |
At 30 June 2023 |
5,500 |
(5,177) |
323 |
All Saints Church End Projects Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Intangible assets
Intangible assets are recogised at their cost or fair value and are amortised over the life of the asset.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class |
Amortisation method and rate |
Lease |
In line with the lease |
All Saints Church End Projects Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company during the year, including the director, was
All Saints Church End Projects Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
Intangible assets |
Other intangible assets |
Total |
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Cost or valuation |
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At 1 July 2023 |
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At 30 June 2024 |
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Amortisation |
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At 1 July 2023 |
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Amortisation charge |
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At 30 June 2024 |
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Carrying amount |
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At 30 June 2024 |
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At 30 June 2023 |
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Debtors |
Current |
2024 |
2023 |
Trade debtors |
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Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Due within one year |
||
Trade creditors |
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Accruals and deferred income |
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|
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Creditors: amounts falling due after more than one year
2024 |
2023 |
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Due after one year |
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Other non-current financial liabilities |
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All Saints Church End Projects Limited
Detailed Profit and Loss Account for the Year Ended 30 June 2024
2024 |
2023 |
|
Turnover (analysed below) |
3,500 |
3,500 |
Gross profit (%) |
100% |
100% |
Administrative expenses |
||
Establishment costs (analysed below) |
3,500 |
3,500 |
General administrative expenses (analysed below) |
662 |
643 |
4,162 |
4,143 |
|
Operating loss |
(662) |
(643) |
Loss before tax |
(662) |
(643) |
All Saints Church End Projects Limited
Detailed Profit and Loss Account for the Year Ended 30 June 2024
2024 |
2023 |
Turnover |
||
Rental income from investment property |
3,500 |
3,500 |
Establishment costs |
||
Rent |
3,500 |
3,500 |
Utility costs |
8,666 |
11,776 |
Utility revenue |
(8,666) |
(11,776) |
3,500 |
3,500 |
General administrative expenses |
||
Sundry expenses |
- |
13 |
Accountancy fees |
336 |
304 |
Amortisation of other intangible asset |
326 |
326 |
662 |
643 |