Churchfields (South Woodford) Management Limited

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

Registered number: 01364292

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,685		13,685

			13,685		13,685
CURRENT ASSETS
Debtors	5	309		2,113
Cash at bank and in hand		22,280		13,541

		22,589		15,654
Creditors: Amounts Falling Due Within One Year	6	-		(240 )

NET CURRENT ASSETS (LIABILITIES)			22,589		15,414

TOTAL ASSETS LESS CURRENT LIABILITIES			36,274		29,099

NET ASSETS			36,274		29,099

CAPITAL AND RESERVES
Called up share capital	7		702		702
Profit and Loss Account			35,572		28,397

SHAREHOLDERS' FUNDS			36,274		29,099

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 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

Mr Gary Robertson Director	Mr Clive Robins Director
04/05/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Churchfields (South Woodford) Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01364292 . The registered office is 1, Bansons Yard, Ongar, Essex, CM5 9AA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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:

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.

2.5. Taxation

No charge to taxation arises (2024-Nil) as the company is a non -profit making entity.

3. Average Number of Employees

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

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 April 2024	13,685

As at 31 March 2025	13,685

Net Book Value
As at 31 March 2025	13,685

As at 1 April 2024	13,685

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	309	2,113

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accrued expenses	-	240

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Churchfields (South Woodford) Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	702	702