Registered number
14164368
Therfield Chapel
Filleted Accounts
31 March 2025
Therfield Chapel
Registered number: 14164368
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,313,621 1,313,621
Current assets
Cash at bank and in hand 53,384 38,956
Net current assets 53,384 38,956
Total assets less current liabilities 1,367,005 1,352,577
Creditors: amounts falling due after more than one year 4 (410) -
Net assets 1,366,595 1,352,577
Capital and reserves
Revaluation reserve 5 1,313,621 1,313,621
Profit and loss account 52,974 38,956
Shareholders' funds 1,366,595 1,352,577
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Paul Zanreps
Director
Approved by the board on 20 October 2025
Therfield Chapel
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Income
Income is derived from various sources and reported when actually received into the bank.
Tangible fixed assets
Tangible fixed asset valuations are based on the insurance values in the absense of any further information, and comprise the Chapel building, Manse and graveyard. No depreciation is provided in the accounts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2024 1,263,621 50,000 1,313,621
At 31 March 2025 1,263,621 50,000 1,313,621
Depreciation
At 31 March 2025 - - -
Net book value
At 31 March 2025 1,263,621 50,000 1,313,621
At 31 March 2024 1,263,621 50,000 1,313,621
4 Creditors: amounts falling due after one year 2025 2024
£ £
Other creditors 410 -
5 Revaluation reserve 2025 2024
£ £
At 1 April 2024 1,313,621 1,313,621
At 31 March 2025 1,313,621 1,313,621
6 Other information
Therfield Chapel is a private company limited by guarantee and incorporated in England. Its registered office is:
The Causeway
Therfield
Royston
SG8 9PZ
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