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Company Registration No. 10394592 (England and Wales)
CHURCH STREET DEVELOPMENTS LTD Unaudited accounts for the year ended 30 September 2024
CHURCH STREET DEVELOPMENTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CHURCH STREET DEVELOPMENTS LTD Company Information for the year ended 30 September 2024
Director
Tarjinder Singh KHAMBA
Company Number
10394592 (England and Wales)
Registered Office
17 Castle Gate Nottingham Nottinghamshire NG1 7AQ England
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CHURCH STREET DEVELOPMENTS LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
4
1,558,400 
496,387 
Current assets
Debtors
5
18,395 
17,110 
Cash at bank and in hand
227 
23 
18,622 
17,133 
Creditors: amounts falling due within one year
6
(32,025)
(31,904)
Net current liabilities
(13,403)
(14,771)
Total assets less current liabilities
1,544,997 
481,616 
Creditors: amounts falling due after more than one year
7
(533,414)
(520,675)
Provisions for liabilities
Deferred tax
8
(263,403)
- 
Net assets/(liabilities)
748,180 
(39,059)
Capital and reserves
Called up share capital
9
4 
4 
Profit and loss account
748,176 
(39,063)
Shareholders' funds
748,180 
(39,059)
For the year ending 30 September 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2025 and were signed on its behalf by
Tarjinder Singh KHAMBA Director Company Registration No. 10394592
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CHURCH STREET DEVELOPMENTS LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
CHURCH STREET DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10394592. The registered office is 17 Castle Gate, Nottingham, Nottinghamshire, NG1 7AQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 1 October 2023
496,387 
Net gain from fair value adjustments
1,062,013 
At 30 September 2024
1,558,400 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
18,395 
17,110 
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CHURCH STREET DEVELOPMENTS LTD Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
30,325 
30,529 
Trade creditors
1,275 
900 
Taxes and social security
100 
100 
Accruals
325 
375 
32,025 
31,904 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
260,174 
267,522 
Other creditors
273,240 
253,153 
533,414 
520,675 
8
Deferred taxation
2024 
2023 
£ 
£ 
Revaluation of investment property
263,403 
- 
2024 
2023 
£ 
£ 
Charged to the profit and loss account
263,403 
- 
Provision at end of year
263,403 
- 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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