Company No: 12016148 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	24,556		32,408
		24,556		32,408
Current assets
Debtors	4	105,352		14,094
Cash at bank and in hand		2,685		2,374
		108,037		16,468
Creditors: amounts falling due within one year	5	( 116,354)		( 108,096)
Net current liabilities		(8,317)		(91,628)
Total assets less current liabilities		16,239		(59,220)
Creditors: amounts falling due after more than one year	6	( 12,456)		( 36,985)
Net assets/(liabilities)		3,783		( 96,205)
Capital and reserves
Called-up share capital		1		1
Profit and loss account		3,782		( 96,206 )
Total shareholder's funds/(deficit)		3,783		( 96,205)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has 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 Profit and Loss Account has not been delivered.

The financial statements of Churchwood Construction Ltd (registered number: 12016148) were approved and authorised for issue by the Director on 28 May 2026. They were signed on its behalf by:

Mr T J Tobin-Webster 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

Churchwood Construction Ltd (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 Leanne House 6 Avon Close, Weymouth, Dorset, DT4 9UX, 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 £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

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. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. 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	20 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	20 % reducing balance

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

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. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£
Cost
At 01 January 2024	1,519		76,048		4,582		82,149
At 31 December 2024	1,519		76,048		4,582		82,149
Accumulated depreciation
At 01 January 2024	181		48,644		916		49,741
Charge for the financial year	268		6,851		733		7,852
At 31 December 2024	449		55,495		1,649		57,593
Net book value
At 31 December 2024	1,070		20,553		2,933		24,556
At 31 December 2023	1,338		27,404		3,666		32,408

4. Debtors

	2024		2023
	£		£
Trade debtors	13,590		13,590
Other debtors	91,762		504
	105,352		14,094

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	29,370		10,000
Trade creditors	0		7,753
Taxation and social security	68,112		19,026
Obligations under finance leases and hire purchase contracts	16,540		15,853
Other creditors	2,332		55,464
	116,354		108,096

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

	2024		2023
	£		£
Bank loans	10,928		20,928
Obligations under finance leases and hire purchase contracts	1,528		16,057
	12,456		36,985

Hire purchases included in the above are secured against the asset to which they relate to.

7. Related party transactions

Transactions with the entity's director

The director's loan account is repayable on demand and interest has been charged on any overdrawn balance exceeding £10,000 at the official HMRC rates.

At 01 January 2024 the balance owed from the director was £nil. During the year, the company made advances to the director amounting to £68,231 and received repayments of £nil leaving a balance due from the director of £68,231.

At 01 January 2023 the balance owed from the director was £nil. During the year, the company made advances to the director amounting to £nil and received repayments of £nil leaving a balance due from the director of £nil.

Other related party transactions

During the year the company provided services to another connected company, which was conducted at open market value.