Christchurch Associates Ltd - Filleted accounts

Registered number

12822177

Christchurch Associates Ltd

Filleted Accounts

31 August 2025

Christchurch Associates Ltd
Registered number:		12822177
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Investments	3		275,000			197,657

Current assets
Debtors	4	3,350			-
Cash at bank and in hand		10,483			15,899
		13,833			15,899

Creditors: amounts falling due within one year	5	(56,791)			(59,303)

Net current liabilities			(42,958)			(43,404)

Total assets less current liabilities			232,042			154,253

Creditors: amounts falling due after more than one year	6		(200,000)			(200,000)

Provisions for liabilities			(14,695)			-


Net assets/(liabilities)			17,347			(45,747)

Capital and reserves
Called up share capital			2			2
Profit and loss account fair value adjustment			62,648			-
Profit and loss account			(45,303)			(45,749)

Shareholders' funds			17,347			(45,747)

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.


Mr K Davey
Director
Approved by the board on 7 May 2026

Christchurch Associates Ltd
Notes to the Accounts
for the year ended 31 August 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).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	2		2


3	Investments

Other
investments
£
	Cost
	At 1 September 2024			197,657
	Revaluation			77,343

	At 31 August 2025			275,000

	At 31 August 2025 the valuation of the investment properties was reviewed by Mr K Davey and Mrs L Calzolari, the directors of the company. Following the review Mr K Davey and Mrs L Calzolari are satisfied that the current valuation represents the fair value of the investment property. The revalued asset has not been valued by a qualified valuer. The valuation is representive of similar property values in the same area.


4	Debtors	2025		2024
£			£

	Other debtors	3,350		-


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Director's loan account	55,849		58,510
	Other creditors	942		793
		56,791		59,303


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	200,000		200,000


7	Loans	2025		2024
£			£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years	200,000		200,000


	Secured bank loans	200,000		200,000

	The bank loans are secured on the investment property owned by the company.


8	Controlling party

	By virtue of their shareholding Mr K Davey & Mrs L Calzolari jointly control the company.


9	Other information

	Christchurch Associates Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Bury Lodge
	Bury Road
	Stowmarket
	Suffolk
	IP14 1JA