| Churchill Lodge (Alum Chine) Freehold Limited |
| Registered number: |
10076820 |
| Balance Sheet |
| as at 24 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,400 |
|
|
2,400 |
|
| Current assets |
| Debtors |
4 |
|
984 |
|
|
777 |
|
| Creditors: amounts falling due within one year |
5 |
|
(1,224) |
|
|
(1,017) |
|
| Net current liabilities |
|
|
|
(240) |
|
|
(240) |
|
| Total assets less current liabilities |
|
|
|
2,160 |
|
|
2,160 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(2,115) |
|
|
(2,115) |
|
|
|
| Net assets |
|
|
|
45 |
|
|
45 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
5 |
|
|
5 |
| Profit and loss account |
|
|
|
40 |
|
|
40 |
|
| Shareholders' funds |
|
|
|
45 |
|
|
45 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D A Johnston |
| Director |
| Approved by the board on 8 August 2025 |
|
| Churchill Lodge (Alum Chine) Freehold Limited |
| Notes to the Accounts |
| for the year ended 24 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the charges made to lease and freeholders as contributions towards freehold expenses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold interest |
Not depreciated |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Freehold interest |
| £ |
|
Cost |
|
At 25 December 2023 |
2,400 |
|
At 24 December 2024 |
2,400 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 24 December 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 24 December 2024 |
2,400 |
|
At 24 December 2023 |
2,400 |
|
The value of the freehold interest has been written down to a nil value in the respect of 5 flats (out of 6) that have participated in the freehold purchase. The value in respect of those 5 flats is the leasehold interest rather than the original cost to the company acquiring the freehold. |
|
|
The freehold value carried forward is equivalent to the share of the remaining non-participator. |
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Amount held by service charge account |
979 |
|
698 |
|
Other debtors |
5 |
|
79 |
|
|
|
|
|
|
984 |
|
777 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Other creditors |
1,224 |
|
1,017 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Members' loans for freehold purchase |
2,115 |
|
2,115 |
|
|
|
|
|
|
|
|
|
|
Five lessees loaned the funds for the company to acquire the freehold reversionary interest of the property. |
|
| 7 |
Other information |
|
|
Churchill Lodge (Alum Chine) Freehold Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Hawk Estates |
|
Wessex House |
|
St. Leonards Road |
|
Bournemouth |
|
BH8 8QS |