REGISTERED NUMBER: 04228290 (England and Wales)

CHURCHWAY HOMES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Abridged Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

5

FIXED ASSETS

Tangible assets

4

14,723

17,591

CURRENT ASSETS

Stocks

68,049

-

Debtors

-

93,702

Cash at bank

52,628

54,842

120,677

148,544

CREDITORS

Amounts falling due within one year

(39,373

)

(40,235

)

NET CURRENT ASSETS

81,304

108,309

TOTAL ASSETS LESS CURRENT LIABILITIES

96,027

125,900

PROVISIONS FOR LIABILITIES

5

(626

)

(3,342

)

NET ASSETS

95,401

122,558

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

95,301

122,458

SHAREHOLDERS' FUNDS

95,401

122,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2026 and were signed on its behalf by:

B R Hadfield - Director

1.	STATUTORY INFORMATION

Churchway Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04228290

Registered office:

Butterley Grange Farm

Butterley Lane

Ashover

Chesterfield

Derbyshire

S45 0JU

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

straight line over 3 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on as incurred over the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

43,510

Additions

673

Disposals

(389

)

At 30 September 2025

43,794

DEPRECIATION

At 1 October 2024

25,919

Charge for year

3,541

Eliminated on disposal

(389

)

At 30 September 2025

29,071

NET BOOK VALUE

At 30 September 2025

14,723

At 30 September 2024

17,591

5.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

626

3,342

Deferred

tax

£

Balance at 1 October 2024

3,342

Accelerated capital allowances

(2,716

)

Balance at 30 September 2025

626

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year outstanding loan account balances owing by the directors and their associates at the start of the year were repaid totalling £14,905. The loans were repayable on demand with no fixed terms for repayment. No loan interest was charged. Amounts owing to the directors at the year end totalled £389 (2024: totalling owing from directors £14,905).

7.	RELATED PARTY DISCLOSURES

There have been no material transactions with any related parties, other than those with the directors.

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors, by virtue of their shareholdings.