Churchway House Management Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03951594

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		350,088		77,066

			350,088		77,066
CURRENT ASSETS
Debtors		27		31
Cash at bank and in hand		136		132

		163		163
Creditors: Amounts Falling Due Within One Year	5	(350,568 )		(77,066 )

NET CURRENT ASSETS (LIABILITIES)			(350,405 )		(76,903 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(317 )		163

Creditors: Amounts Falling Due After More Than One Year	6		(159 )		(159 )

NET (LIABILITIES)/ASSETS			(476 )		4

CAPITAL AND RESERVES
Called up share capital	7		4		4
Profit and Loss Account			(480 )		-

SHAREHOLDERS' FUNDS			(476)		4

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Churchway House Management Company Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

John Munday

Director

12 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Churchway House Management Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03951594 . The registered office is 108 Churchway Churchway, Haddenham, Aylesbury, Buckinghamshire, HP17 8NU.

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

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:

Income from investment properties

Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.

Service charge income is recognised as revenue in the period to which it relates.

2.3. Investment Properties

Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.

Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.

Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Churchway House Management Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 April 2024	77,066
Additions	273,022

As at 31 March 2025	350,088

Net Book Value
As at 31 March 2025	350,088

As at 1 April 2024	77,066

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	350,568	77,066

Included in creditors due within one year is an amount of £350,289 (2024: £77,066) owed to its director. The amount is interest free and repayable on demand.

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	159	159

7. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	-	4
Called Up Share Capital has been paid up	4	-

Amount of Allotted, Called Up Share Capital	4	4

8. Related Party Transactions

Included in creditors due within one year is an amount of £350,289 (2024: £77,066) owed to its director. The amount is interest free and repayable on demand. The loan was used for the funding of the freehold purchase and development of flats on it.

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