REGISTERED NUMBER: 06679370 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHANNEL D SERVICES LIMITED

Page

Company Information

1

Report of the Accountants

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

W M Lainchbury

REGISTERED OFFICE:

47 Station Road

Collingham

Newark

NG23 7RA

REGISTERED NUMBER:

06679370 (England and Wales)

ACCOUNTANTS:

Accountancy Online Limited

6 Elsley Road

Tilehurst

Reading

RG31 6RN

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages four to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Accountancy Online Limited

6 Elsley Road

Tilehurst

Reading

RG31 6RN

24 August 2025

FIXED ASSETS

Tangible assets

4

447,873

447,905

CURRENT ASSETS

Debtors

825

66,571

Cash at bank

75,088

156,516

75,913

223,087

CREDITORS

Amounts falling due within one year

(4,764

)

(28,648

)

NET CURRENT ASSETS

71,149

194,439

TOTAL ASSETS LESS CURRENT LIABILITIES

519,022

642,344

CREDITORS

Amounts falling due after more than one year

5

(129,005

)

(271,646

)

PROVISIONS FOR LIABILITIES

7

(18

)

(24

)

NET ASSETS

389,999

370,674

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

389,998

370,673

SHAREHOLDERS' FUNDS

389,999

370,674

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 24 August 2025 and were signed by:

W M Lainchbury - Director

1.	STATUTORY INFORMATION

Channel D Services Limited 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.

Tangible fixed assets

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

Freehold property

-

in accordance with the property

Computer equipment

-

25% on reducing balance

For the freehold property no depreciation charge has been made on the grounds that it would be immaterial because the estimated residual value is not considered to be materially different from the carrying value of the asset.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

448,088

DEPRECIATION

At 1 January 2024

183

Charge for year

32

At 31 December 2024

215

NET BOOK VALUE

At 31 December 2024

447,873

At 31 December 2023

447,905

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2024

2023

£

£

Repayable by instalments

Other loans more 5yrs instal

-

22,143

6.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Lloyds Bank Loans

-

155,733

Lloyds Bank PLC has fixed and floating charges over the business, and all of the business freehold locations.

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

18

24

Deferred

tax

£

Balance at 1 January 2024

24

Credit to Income Statement during year

(6

)

Balance at 31 December 2024

18

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Retained

earnings

£

At 1 January 2024

370,673

Profit for the year

19,325

At 31 December 2024

389,998

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end £129,005 was owed to the director, M Lainchbury (2023: £138,178). This amount is interest free and without repayment conditions.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is W M Lainchbury.

The ultimate controlling party is W M Lainchbury.