10 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 03564870 2024-04-01 2025-03-31 03564870 2025-03-31 03564870 2024-03-31 03564870 2023-04-01 2024-03-31 03564870 2024-03-31 03564870 2023-03-31 03564870 core:PlantMachinery 2024-04-01 2025-03-31 03564870 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 03564870 core:MotorVehicles 2024-04-01 2025-03-31 03564870 bus:RegisteredOffice 2024-04-01 2025-03-31 03564870 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 03564870 bus:Agent1 2024-04-01 2025-03-31 03564870 bus:Director1 2024-04-01 2025-03-31 03564870 bus:Director2 2024-04-01 2025-03-31 03564870 bus:Director3 2024-04-01 2025-03-31 03564870 bus:Director4 2024-04-01 2025-03-31 03564870 bus:Director5 2024-04-01 2025-03-31 03564870 bus:Director6 2024-04-01 2025-03-31 03564870 bus:Director9 2024-04-01 2025-03-31 03564870 bus:Director10 2024-04-01 2025-03-31 03564870 bus:CompanySecretary1 2024-04-01 2025-03-31 03564870 core:PlantMachinery 2024-03-31 03564870 core:FurnitureFittingsToolsEquipment 2024-03-31 03564870 core:MotorVehicles 2024-03-31 03564870 core:PlantMachinery 2025-03-31 03564870 core:FurnitureFittingsToolsEquipment 2025-03-31 03564870 core:MotorVehicles 2025-03-31 03564870 core:WithinOneYear 2025-03-31 03564870 core:WithinOneYear 2024-03-31 03564870 core:RetainedEarningsAccumulatedLosses 2025-03-31 03564870 core:RetainedEarningsAccumulatedLosses 2024-03-31 03564870 core:PlantMachinery 2024-03-31 03564870 core:FurnitureFittingsToolsEquipment 2024-03-31 03564870 core:MotorVehicles 2024-03-31 03564870 bus:SmallEntities 2024-04-01 2025-03-31 03564870 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03564870 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03564870 bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 03564870 bus:FullAccounts 2024-04-01 2025-03-31
Company registration number: 03564870
Childwall Valley Estate Management Board Limited
Company limited by guarantee
Unaudited filleted financial statements
31 March 2025
Childwall Valley Estate Management Board Limited
Company limited by guarantee
Contents
Directors and other information
Accountant's report
Statement of financial position
Notes to the financial statements
Childwall Valley Estate Management Board Limited
Company limited by guarantee
Directors and other information
Directors J Minard
A Geraghty
M Innes (Appointed 30 April 2025)
K Perrin
T Edwards
M Innes (Appointed 30 April 2025)
C Pringle
A Glennon
Secretary A Geraghty
Company number 03564870
Registered office 172 Hartsbourne Avenue
Childwall
Liverpool
L25 1NE
Business address 172 Hartsbourne Avenue
Childwall
Liverpool
L25 1NE
Accountant Hailwood & Co
392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
Bankers Barclays Bank plc
15-33 Moorfields
Liverpool
L69 2SX
Santander UK plc
Bridle Road
Bootle
Merseyside
L30 4GB
Childwall Valley Estate Management Board Limited
Company limited by guarantee
Chartered accountant's report to the board of directors on the preparation of the
unaudited statutory financial statements of Childwall Valley Estate Management Board Limited
Year ended 31 March 2025
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 March 2025 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Hailwood & Co
Chartered Accountants
392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
19 June 2025
Childwall Valley Estate Management Board Limited
Company limited by guarantee
Statement of financial position
31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 6 29,322 32,825
_______ _______
29,322 32,825
Current assets
Debtors 7 83,922 88,151
Cash at bank and in hand 600,650 622,491
_______ _______
684,572 710,642
Creditors: amounts falling due
within one year 8 ( 64,972) ( 37,875)
_______ _______
Net current assets 619,600 672,767
_______ _______
Total assets less current liabilities 648,922 705,592
_______ _______
Net assets 648,922 705,592
_______ _______
Capital and reserves
Profit and loss account 648,922 705,592
_______ _______
Members funds 648,922 705,592
_______ _______
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 25 June 2025 , and are signed on behalf of the board by:
A Geraghty T Edwards
Director Director
Childwall Valley Estate Management Board Limited
Company limited by guarantee
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 172 Hartsbourne Avenue, Childwall, Liverpool, L25 1NE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value receivable for services rendered, net of Value Added Tax.
Taxation
The company is a not for profit organisation, limited by guarantee and as such only pays corporation tax on its investment income.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 20 % reducing balance
Fittings fixtures and equipment - 25 % reducing balance
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Limited by guarantee
The company is limited by guarantee whereby each member undertakes to contribute a maximum of ten pence in the event of a winding up.
5. Employee numbers
The average number of persons employed by the company during the year amounted to 10 (2024: 9 ).
6. Tangible assets
Plant and machinery Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 29,525 11,661 75,428 116,614
Additions 613 - 4,750 5,363
_______ _______ _______ _______
At 31 March 2025 30,138 11,661 80,178 121,977
_______ _______ _______ _______
Depreciation
At 1 April 2024 18,753 9,473 55,563 83,789
Charge for the year 2,277 435 6,154 8,866
_______ _______ _______ _______
At 31 March 2025 21,030 9,908 61,717 92,655
_______ _______ _______ _______
Carrying amount
At 31 March 2025 9,108 1,753 18,461 29,322
_______ _______ _______ _______
At 31 March 2024 10,772 2,188 19,865 32,825
_______ _______ _______ _______
7. Debtors
2025 2024
£ £
Trade debtors 67,210 62,352
Other debtors 16,712 25,799
_______ _______
83,922 88,151
_______ _______
8. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 6,884 5,798
Corporation tax 1,341 972
Social security and other taxes 46,022 19,951
Other creditors 10,725 11,154
_______ _______
64,972 37,875
_______ _______
9. Controlling party
The company is controlled by the directors whose names are shown on the directors' report.