Churchill Tax Advisers and Accountants Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07528096

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		150,100		-

			150,100		-
CURRENT ASSETS
Debtors	6	662,578		589,434
Cash at bank and in hand		252,448		277,830

		915,026		867,264
Creditors: Amounts Falling Due Within One Year	7	(755,970 )		(854,443 )

NET CURRENT ASSETS (LIABILITIES)			159,056		12,821

TOTAL ASSETS LESS CURRENT LIABILITIES			309,156		12,821

NET ASSETS			309,156		12,821

CAPITAL AND RESERVES
Called up share capital	8		1,560		1,560
Other reserves			45,812		(33,648 )
Profit and Loss Account			261,784		44,909

SHAREHOLDERS' FUNDS			309,156		12,821

Page 1

Page 2

Churchill Tax Advisers and Accountants Ltd

Balance Sheet (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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account.

On behalf of the board

Mr Jamal Khan

Director

31/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Churchill Tax Advisers and Accountants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07528096 . The registered office is 361 Green Lane, Ilford, Essex, IG3 9TQ.

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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account 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:

Plant & Machinery	25% reducing balance
Computer Equipment	50% SLM

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 12)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	-
Additions	150,100

As at 31 March 2025	150,100

Net Book Value
As at 31 March 2025	150,100

As at 1 April 2024	-

Page 3

Page 4

Churchill Tax Advisers and Accountants Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	1,400

As at 31 March 2025	1,400

Depreciation
As at 1 April 2024	1,400

As at 31 March 2025	1,400

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	329,241	365,344
Prepayments and accrued income	6,000	6,000
Other debtors	48,430	28,706
Directors loan account - Interest charge	7,330	2,168
Directors' loan accounts	271,577	187,216

	662,578	589,434

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	631,698	439,803
Bank loans and overdrafts	14,721	-
Corporation tax	74,099	233,935
Other taxes and social security	1,237	14,534
VAT	31,157	86,265
Net wages	-	16,112
Other creditors	2,195	62,748
Pension creditor	863	1,046

	755,970	854,443

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,560	1,560

Page 4