Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10995911 Mrs L R Churchland Mr J Churchland true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10995911 2023-10-31 10995911 2024-10-31 10995911 2023-11-01 2024-10-31 10995911 frs-core:CurrentFinancialInstruments 2024-10-31 10995911 frs-core:Non-currentFinancialInstruments 2024-10-31 10995911 frs-core:FurnitureFittings 2024-10-31 10995911 frs-core:FurnitureFittings 2023-11-01 2024-10-31 10995911 frs-core:FurnitureFittings 2023-10-31 10995911 frs-core:PlantMachinery 2024-10-31 10995911 frs-core:PlantMachinery 2023-11-01 2024-10-31 10995911 frs-core:PlantMachinery 2023-10-31 10995911 frs-core:RevaluationReserve 2023-10-31 10995911 frs-core:RevaluationReserve 2024-10-31 10995911 frs-core:ShareCapital 2024-10-31 10995911 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10995911 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10995911 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10995911 frs-bus:SmallEntities 2023-11-01 2024-10-31 10995911 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10995911 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10995911 1 2023-11-01 2024-10-31 10995911 frs-bus:Director1 2023-11-01 2024-10-31 10995911 frs-bus:Director2 2023-11-01 2024-10-31 10995911 frs-countries:EnglandWales 2023-11-01 2024-10-31 10995911 2022-10-31 10995911 2023-10-31 10995911 2022-11-01 2023-10-31 10995911 frs-core:CurrentFinancialInstruments 2023-10-31 10995911 frs-core:Non-currentFinancialInstruments 2023-10-31 10995911 frs-core:RevaluationReserve 2023-10-31 10995911 frs-core:ShareCapital 2023-10-31 10995911 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10995911
Churchland Properties Limited
Financial Statements
For The Year Ended 31 October 2024
Fairman Harris
1 Landor Road
London
SW9 9RX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10995911
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,134 26,647
Investment Properties 5 1,050,000 1,050,000
1,072,134 1,076,647
CURRENT ASSETS
Debtors 6 3,610 4,891
Cash at bank and in hand 3,318 2,540
6,928 7,431
Creditors: Amounts Falling Due Within One Year 7 (841,608 ) (774,905 )
NET CURRENT ASSETS (LIABILITIES) (834,680 ) (767,474 )
TOTAL ASSETS LESS CURRENT LIABILITIES 237,454 309,173
Creditors: Amounts Falling Due After More Than One Year 8 (218,506 ) (236,888 )
NET ASSETS 18,948 72,285
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 152,055 152,055
Profit and Loss Account (133,207 ) (79,870 )
SHAREHOLDERS' FUNDS 18,948 72,285
Page 1
Page 2
For the year ending 31 October 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs L R Churchland
Director
15 July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Churchland Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10995911 . The registered office is 154 Stonhouse Street, London , SW4 6BE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2023 741 47,898 48,639
Additions - 1,020 1,020
As at 31 October 2024 741 48,918 49,659
Depreciation
As at 1 November 2023 357 21,635 21,992
Provided during the period 77 5,456 5,533
As at 31 October 2024 434 27,091 27,525
Net Book Value
As at 31 October 2024 307 21,827 22,134
As at 1 November 2023 384 26,263 26,647
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 and 31 October 2024 1,050,000
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 3,610 4,891
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,572 249
Bank loans and overdrafts 18,046 17,712
Other creditors 4,609 -
Accruals and deferred income 3,552 1,776
Directors' loan accounts 153,374 145,310
JCH London Ltd 660,455 609,858
841,608 774,905
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 218,506 236,888
The above loan has been secured towards the value of the investment property.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation Reserve
£
As at 1 November 2023 152,055
As at 31 October 2024 152,055
11. Related Party Transactions
A Loan of £660,455 (2023: CR £609,858) is outstanding to Jch London Ltd at the year end. The two companies also have got common shareholding and directors.
12. Ultimate Controlling Party
The company does not have an ultimate controlling party due to the 2 shareholders holding an equal share in the company.
Page 4