Antique Church Furnishings Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 04471588

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		6,572		12,149

			6,572		12,149
CURRENT ASSETS
Stocks	6	28,250		27,070
Debtors	7	7,031		14,376
Cash at bank and in hand		86,898		87,110

		122,179		128,556
Creditors: Amounts Falling Due Within One Year	8	(31,957 )		(42,495 )

NET CURRENT ASSETS (LIABILITIES)			90,222		86,061

TOTAL ASSETS LESS CURRENT LIABILITIES			96,794		98,210

PROVISIONS FOR LIABILITIES
Deferred Taxation			(255 )		(255 )

NET ASSETS			96,539		97,955

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Income Statement			95,539		96,955

SHAREHOLDERS' FUNDS			96,539		97,955

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Antique Church Furnishings Limited

Statement of Financial Position (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 member has 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 Income Statement.

On behalf of the board

Mr Lawrence Skilling

Director

24th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Antique Church Furnishings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04471588 . The registered office is Ground Floor 66, High Street, Lewes, East Sussex, BN7 1XG.

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

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of .... years.

2.4. 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:

Freehold	10 Straight line
Leasehold	10 Straight line
Plant & Machinery	20% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance
Computer Equipment	25% Reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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Antique Church Furnishings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	10,000

As at 31 March 2025	10,000

Amortisation
As at 1 April 2024	10,000

As at 31 March 2025	10,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	50,775	7,900	7,400	2,075	68,150

As at 31 March 2025	50,775	7,900	7,400	2,075	68,150

Depreciation
As at 1 April 2024	40,820	6,699	6,407	2,075	56,001
Provided during the period	5,078	300	199	-	5,577

As at 31 March 2025	45,898	6,999	6,606	2,075	61,578

Net Book Value
As at 31 March 2025	4,877	901	794	-	6,572

As at 1 April 2024	9,955	1,201	993	-	12,149

6. Stocks

	2025	2024
	£	£
Stock	28,250	27,070

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,273	4,723
Other debtors	5,758	9,653

	7,031	14,376

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Antique Church Furnishings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,793	7,624
Bank loans and overdrafts	12	12
Other creditors	1,418	1,350
Taxation and social security	25,734	33,509

	31,957	42,495

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Lawrence Skilling	6,037	-	2,430	-	3,607

The above loan is unsecured, interest free and repayable on demand.

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