REGISTERED NUMBER: 08800161 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

COLCHURCH PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K P Cattermole

J W Goddard

AC Harris

REGISTERED OFFICE:

10 Neale Street

Ipswich

Suffolk

IP1 3JB

REGISTERED NUMBER:

08800161 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisers

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

CURRENT ASSETS

Stocks

1,993,564

1,709,392

Debtors

4

976

1,026

Cash at bank

1,256

3,740

1,995,796

1,714,158

CREDITORS

Amounts falling due within one year

5

1,619,004

1,295,470

NET CURRENT ASSETS

376,792

418,688

TOTAL ASSETS LESS CURRENT LIABILITIES

376,792

418,688

CREDITORS

Amounts falling due after more than one year

6

-

148,750

NET ASSETS

376,792

269,938

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

376,692

269,838

376,792

269,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 30 July 2025 and were signed on its behalf by:

K P Cattermole - Director

J W Goddard - Director

AC Harris - Director

1.	STATUTORY INFORMATION

Colchurch Properties 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.

Turnover

Turnover represents the proceeds received from the sale of development properties during the course of the accounting period and is recognised based on the legal completing date for the sale of the property.

Turnover also includes the proceeds received for the lease of land spread over the period of the lease and is recognised based on the legal completing date for the lease of land.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where applicable.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

330

330

Prepayments

646

696

976

1,026

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to participating interests

1,271,495

875,070

Corporation tax

35,618

59,027

Other creditors

11,149

11,149

Directors' current accounts

150,000

150,000

Deferred income

148,750

198,334

Accrued expenses

1,992

1,890

1,619,004

1,295,470

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Deferred income

-

148,750