Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false2023-07-01falseNo description of principal activity1415truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01816015 2023-07-01 2024-06-30 01816015 2022-07-01 2023-06-30 01816015 2024-06-30 01816015 2023-06-30 01816015 c:Director1 2023-07-01 2024-06-30 01816015 d:FurnitureFittings 2023-07-01 2024-06-30 01816015 d:FurnitureFittings 2024-06-30 01816015 d:FurnitureFittings 2023-06-30 01816015 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 01816015 d:OfficeEquipment 2023-07-01 2024-06-30 01816015 d:OfficeEquipment 2024-06-30 01816015 d:OfficeEquipment 2023-06-30 01816015 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 01816015 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 01816015 d:CurrentFinancialInstruments 2024-06-30 01816015 d:CurrentFinancialInstruments 2023-06-30 01816015 d:Non-currentFinancialInstruments 2024-06-30 01816015 d:Non-currentFinancialInstruments 2023-06-30 01816015 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 01816015 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 01816015 d:ShareCapital 2024-06-30 01816015 d:ShareCapital 2023-06-30 01816015 d:SharePremium 2024-06-30 01816015 d:SharePremium 2023-06-30 01816015 d:RetainedEarningsAccumulatedLosses 2024-06-30 01816015 d:RetainedEarningsAccumulatedLosses 2023-06-30 01816015 c:FRS102 2023-07-01 2024-06-30 01816015 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 01816015 c:FullAccounts 2023-07-01 2024-06-30 01816015 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 01816015 d:HirePurchaseContracts d:WithinOneYear 2024-06-30 01816015 d:HirePurchaseContracts d:WithinOneYear 2023-06-30 01816015 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-06-30 01816015 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-06-30 01816015 2 2023-07-01 2024-06-30 01816015 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 01816015










CHURCH INTERNATIONAL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
CHURCH INTERNATIONAL LIMITED
REGISTERED NUMBER: 01816015

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 6 
7,927
3,540

Current assets
  

Debtors: amounts falling due after more than one year
 7 
16,708
19,708

Debtors: amounts falling due within one year
 7 
1,374,652
1,469,448

Cash at bank and in hand
  
906,927
853,203

  
2,298,287
2,342,359

Creditors: amounts falling due within one year
 8 
(902,214)
(986,651)

Net current assets
  
 
 
1,396,073
 
 
1,355,708

Total assets less current liabilities
  
1,404,000
1,359,248

Provisions for liabilities
  

Deferred tax
  
(1,554)
(689)

  
 
 
(1,554)
 
 
(689)

Net assets
  
1,402,446
1,358,559


Capital and reserves
  

Called up share capital 
  
9,998
9,998

Share premium account
  
525
525

Profit and loss account
  
1,391,923
1,348,036

  
1,402,446
1,358,559


Page 1

 
CHURCH INTERNATIONAL LIMITED
REGISTERED NUMBER: 01816015
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




C D Andrews
Director

Date: 26 March 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
CHURCH INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Church International Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is 1 Tolherst Court, Turkey Mill, Ashford Road, Maidstone, Kent, ME14 5SF. 
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director.

 
2.3

Foreign currency translation

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of income and retained earnings except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'administration expenses'. All other foreign exchange gains and losses are presented in the Statement of income and retained earnings within 'other operating income'.

Page 3

 
CHURCH INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Contract work income is recognised when the service has been provided by the contractor. Fee income and commissions are recognised once the placement has taken place.

 
2.5

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 4

 
CHURCH INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
on cost
Office equipment
-
15%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements.

Page 5

 
CHURCH INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Employees

The average monthly number of employees, including directors, during the year was 14 (2023 - 15).


5.


Taxation

The tax charge of £16,305 ( 2023: tax credit of £11,077) comprises the increase in the deferred tax provision of £865 ( 2023: reduction of £372) and payment to a group member of £15,440 ( 2023: income from a group member of £10,705) for losses surrendered.


6.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
71,648
15,506
87,154


Additions
-
6,750
6,750


Disposals
(416)
(4,258)
(4,674)



At 30 June 2024

71,232
17,998
89,230



Depreciation


At 1 July 2023
70,904
12,710
83,614


Charge for the year on owned assets
450
1,511
1,961


Disposals
(416)
(3,856)
(4,272)



At 30 June 2024

70,938
10,365
81,303



Net book value



At 30 June 2024
294
7,633
7,927



At 30 June 2023
744
2,796
3,540

Page 6

 
CHURCH INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
16,708
19,708


2024
2023
£
£

Due within one year

Trade debtors
1,000,155
1,142,207

Amounts owed by group undertakings
258,419
175,188

Other debtors
77,311
110,232

Prepayments and accrued income
38,767
41,821

1,374,652
1,469,448



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
750,838
863,045

Amounts owed to group undertakings
82,418
16,509

Other taxation and social security
15,952
23,097

Other creditors
32,507
74,590

Accruals and deferred income
20,499
9,410

902,214
986,651



9.


Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:


2024
2023
£
£


Within one year
53,130
53,276

Between 1-5 years
39,011
92,141

92,141
145,417

Page 7

 
CHURCH INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £9,033 (2023 - £8,979). Contributions totalling £1,580 (2023 - £4,237) were payable to the fund at the balance sheet date and are included in creditors.


11.


Guarantees and commitments

The Company is a subsidiary of Introgroup Limited and is subject to cross guarantee with the Group's banks. No monies were outstanding at the year end (2023: Nil).

Page 8