Company No: 04263208 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Director

J M Church

Secretary

S Church

Registered office	37 St Georges Road
	Worthing
	West Sussex
	BN11 2DR
	United Kingdom

Company number

04263208 (England and Wales)

Chartered accountants	Kreston Reeves LLP
	Nile House
	Nile Street
	East Sussex
	Brighton
	BN1 1HW
	United Kingdom

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Julian Church & Associates Limited for the financial year ended 31 March 2025 which comprise the Balance Sheet and the related notes 1 to 10 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that Julian Church & Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Julian Church & Associates Limited. You consider that Julian Church & Associates Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Julian Church & Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Director of Julian Church & Associates Limited, as a body, in accordance with the terms of our engagement letter dated 29 May 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Julian Church & Associates Limited and state those matters that we have agreed to state to the director of Julian Church & Associates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Julian Church & Associates Limited and its Director as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

Nile House
Nile Street
East Sussex
Brighton
BN1 1HW
United Kingdom

11 November 2025

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	38,035		139
		38,035		139
Current assets
Debtors	4	95,332		150,252
Cash at bank and in hand		5		43
		95,337		150,295
Creditors: amounts falling due within one year	5	( 100,991)		( 100,464)
Net current (liabilities)/assets		(5,654)		49,831
Total assets less current liabilities		32,381		49,970
Creditors: amounts falling due after more than one year	6	( 59,260)		( 47,995)
Net (liabilities)/assets		( 26,879)		1,975
Capital and reserves
Called-up share capital	7	1,052		1,052
Profit and loss account		( 27,931 )		923
Total shareholders' (deficit)/funds		( 26,879)		1,975

For the financial 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.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Julian Church & Associates Limited (registered number: 04263208) were approved and authorised for issue by the Director on 11 November 2025. They were signed on its behalf by:

J M Church Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Julian Church & Associates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 37 St Georges Road, Worthing, West Sussex, BN11 2DR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	3 years straight line
Vehicles	4 years straight line
Office equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	6		8

3. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2024	553		0		42,147		42,700
Additions	0		41,493		0		41,493
At 31 March 2025	553		41,493		42,147		84,193
Accumulated depreciation
At 01 April 2024	414		0		42,147		42,561
Charge for the financial year	139		3,458		0		3,597
At 31 March 2025	553		3,458		42,147		46,158
Net book value
At 31 March 2025	0		38,035		0		38,035
At 31 March 2024	139		0		0		139
Leased assets included above:
Net book value
At 31 March 2025	0		38,035		0		38,035
At 31 March 2024	0		0		0		0

4. Debtors

	2025		2024
	£		£
Trade debtors	42,185		88,838
Prepayments and accrued income	13,197		12,151
Other debtors	39,950		49,263
	95,332		150,252

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	48,486		43,843
Trade creditors	1,123		2,563
Accruals	3,950		3,700
Corporation tax	0		8,129
Other taxation and social security	38,587		41,282
Obligations under finance leases and hire purchase contracts	7,519		0
Other creditors	1,326		947
	100,991		100,464

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	26,587		47,995
Obligations under finance leases and hire purchase contracts	32,673		0
	59,260		47,995

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
700 Ordinary A shares of £ 1.00 each	700		700
300 Ordinary B shares of £ 1.00 each	300		300
52 Ordinary C shares of £ 1.00 each	52		52
	1,052		1,052

8. Financial commitments

Pensions

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £22,963 (2024 - £24,558). Contributions totalling £1,068 (2024 - £947) were payable to the fund at the balance sheet date and are included in creditors.

9. Related party transactions

Transactions with the entity's director

**J Church**
(Director of the company)
The company provided J Church with an unsecured loan, repayable on demand. At the balance sheet date the amount due from J Church was £12,020 (2024 - £1,952).

10. Loans

Analysis of the maturity of loans is given below:

	2025		2024
	£		£
Bank loans - amounts falling due within one year	21,838		20,788
Bank loans - amounts falling due 1-2 years	26,587		36,600
Bank loans - amounts falling due 2-5 years	0		11,395
	48,425		68,783

Bank loans are secured by way of a fixed and floating charge over the assets of the company.