FIRST CONFERENCE ESTATE LIMITED

Company Registration Number:
00109588 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

FIRST CONFERENCE ESTATE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FIRST CONFERENCE ESTATE LIMITED

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

First Conference Estate Ltd is the wholly owned trading subsidiary of The Christian Conference Trust, a registered charity. FCE supports the charity by donating any profits this makes arising from offering residential and day conference facilities to organisations outside the scope of the charity's activities. As demand for the charity services increase, Directors anticipate FCE activities will continue to reduce in the coming years.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Michael Page
JPD Heasman
MJ Kinton
AS Lucas


The directors shown below have held office during the period of
1 November 2023 to 30 April 2024

SJ Cartin
AR Cave


Secretary JPD Heasman

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 April 2025

And signed on behalf of the board by:
Name: Michael Page
Status: Director

FIRST CONFERENCE ESTATE LIMITED

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 1,735,595 1,877,315
Cost of sales: ( 133,272 ) ( 120,491 )
Gross profit(or loss): 1,602,323 1,756,824
Administrative expenses: ( 1,394,833 ) ( 1,271,568 )
Other operating income: 17,420 17,699
Operating profit(or loss): 224,910 502,955
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 224,910 502,955
Tax: 0 0
Profit(or loss) for the financial year: 224,910 502,955

FIRST CONFERENCE ESTATE LIMITED

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1 1
Investments:   0 0
Total fixed assets: 1 1
Current assets
Stocks: 4 31,101 22,081
Debtors: 5 2,990 367,751
Cash at bank and in hand: 1,307,902 755,682
Investments:   0 0
Total current assets: 1,341,993 1,145,514
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 1,143,682 ) ( 947,815 )
Net current assets (liabilities): 198,311 197,699
Total assets less current liabilities: 198,312 197,700
Creditors: amounts falling due after more than one year: 7 ( 37,740 ) ( 37,128 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 160,572 160,572
Capital and reserves
Called up share capital: 110,358 110,358
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 50,214 50,214
Total Shareholders' funds: 160,572 160,572

The notes form part of these financial statements

FIRST CONFERENCE ESTATE LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 April 2025
and signed on behalf of the board by:

Name: Michael Page
Status: Director

The notes form part of these financial statements

FIRST CONFERENCE ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Income is recognised when the organisation has entitlement to the funds (upon event, not in advance)

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation as follows: Freehold buildings 2% on cost, Computers 33% on cost, Motors 25% on WDV, Other 20% on WDV

FIRST CONFERENCE ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 2

FIRST CONFERENCE ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 1 1
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 1 1
Depreciation
At 1 November 2023
Charge for year
On disposals
Other adjustments
At 31 October 2024
Net book value
At 31 October 2024 1 1
At 31 October 2023 1 1

FIRST CONFERENCE ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Stocks

2024 2023
£ £
Stocks 31,101 22,081
Payments on account 0 0
Total 31,101 22,081

FIRST CONFERENCE ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024 2023
£ £
Trade debtors 2,990 367,751
Prepayments and accrued income 0 0
Other debtors 0 0
Total 2,990 367,751
Debtors due after more than one year: 0 0

FIRST CONFERENCE ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 14,394 13,929
Taxation and social security 112,499 664,972
Accruals and deferred income 381,717 268,914
Other creditors 635,072
Total 1,143,682 947,815

FIRST CONFERENCE ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 37,740 37,128
Total 37,740 37,128