REGISTERED NUMBER: 12535086 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

The New Church Bath Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

J Brecknell

W E B Marshall

REGISTERED OFFICE:

5 Park Street Avenue

Bristol

BS1 5LQ

REGISTERED NUMBER:

12535086 (England and Wales)

ACCOUNTANTS:

Silbury Accountants Limited

Chartered Accountants

Oak Apple House

North Street

Milborne Port

Sherborne

DT9 5EW

FIXED ASSETS

Property, plant and equipment

4

1,555,493

1,624,543

CURRENT ASSETS

Debtors

5

1,518

48,707

Cash at bank

10,861

14,326

12,379

63,033

CREDITORS

Amounts falling due within one year

6

1,767,736

1,868,471

NET CURRENT LIABILITIES

(1,755,357

)

(1,805,438

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(199,864

)

(180,895

)

CAPITAL AND RESERVES

Called up share capital

7

110

110

Retained earnings

(199,974

)

(181,005

)

SHAREHOLDERS' FUNDS

(199,864

)

(180,895

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

J Brecknell - Director

1.	STATUTORY INFORMATION

The New Church Bath Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance

Financial instruments

The company classifies its financial instruments as basic financial instruments in accordance with Section 11 of FRS 102. Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method, less any impairment. Basic financial liabilities, including trade and other payables and loans, are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method. Financial assets are derecognised when the contractual rights to the cash flows from the asset expire or are settled. Financial liabilities are derecognised when the obligation is discharged, cancelled, or expires.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

1,567,838

378,691

1,946,529

DEPRECIATION

At 1 January 2024

94,068

227,918

321,986

Charge for year

31,356

37,694

69,050

At 31 December 2024

125,424

265,612

391,036

NET BOOK VALUE

At 31 December 2024

1,442,414

113,079

1,555,493

At 31 December 2023

1,473,770

150,773

1,624,543

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

926

44,966

Other debtors

592

3,741

1,518

48,707

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

8,527

-

Amounts owed to group undertakings

16,000

-

Taxation and social security

-

4,966

Other creditors

1,743,209

1,863,505

1,767,736

1,868,471

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary A

£1

100

100

10

Ordinary B

£1

10

10

110

110

8.	RELATED PARTY DISCLOSURES

During the year, the company paid management fees of £10,103 (2023 £11,156) to Urban Creation Limited, of which J Brecknell, director, is a director and shareholder.

The company has a loan from a director amounting to £1,741,210 (2023 £1,827,209). This loan is unsecured, interest-free, and repayable on demand. As the loan is repayable on demand and interest-free, it is measured at the amount repayable and classified as a current liability in the balance sheet.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Toppy Mctopco Ltd.

The registered office of Toppy Mctopco Ltd is 5 Park Street Avenue, Bristol BS1 5LQ.

10.	GOING CONCERN

The directors will continue to support the company and believe that the business is a going concern. In making this assessment, the directors have considered the likely trading conditions for a period of 12 months from the date of approval of these accounts.