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Company Registration No. NI689030 (Northern Ireland)
Church Street Holdings Ltd Unaudited accounts for the year ended 30 June 2025
Church Street Holdings Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
339,304
325,889
Current assets
Cash at bank and in hand
4,728
10,090
Creditors: amounts falling due within one year
5
(259,794)
(245,794)
Net current liabilities
(255,066)
(235,704)
Total assets less current liabilities
84,238
90,185
Provisions for liabilities
Deferred tax
(23,397)
(23,397)
Net assets
60,841
66,788
Capital and reserves
Called up share capital
6
2
2
Profit and loss account
60,839
66,786
Shareholders' funds
60,841
66,788
For the year ending 30 June 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2026 and were signed on its behalf by
Gary Rodgers Director Company Registration No. NI689030
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Church Street Holdings Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Church Street Holdings Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI689030. The registered office is 46 Church Street, Ballymena, Co. Antrim, BT43 6DF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover comprises the invoice value of rental services supplied by the company, exclusive of trade discounts and value added tax. Revenue from a contract to provide rental services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
Going concern
The directors believe that the company Church Street Holdings Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025
£
Fair value at 1 July 2024
325,889
Additions
13,415
At 30 June 2025
339,304
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
259,074
245,074
Accruals
720
720
259,794
245,794
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Church Street Holdings Ltd Notes to the Accounts for the year ended 30 June 2025
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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