Acorah Software Products - Accounts Production 19.3.600 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12281710 Mr William Churchill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12281710 2023-10-31 12281710 2024-10-31 12281710 2023-11-01 2024-10-31 12281710 frs-core:CurrentFinancialInstruments 2024-10-31 12281710 frs-core:Non-currentFinancialInstruments 2024-10-31 12281710 frs-core:FurnitureFittings 2024-10-31 12281710 frs-core:FurnitureFittings 2023-11-01 2024-10-31 12281710 frs-core:FurnitureFittings 2023-10-31 12281710 frs-core:PlantMachinery 2024-10-31 12281710 frs-core:PlantMachinery 2023-11-01 2024-10-31 12281710 frs-core:PlantMachinery 2023-10-31 12281710 frs-core:ShareCapital 2024-10-31 12281710 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12281710 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12281710 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12281710 frs-bus:SmallEntities 2023-11-01 2024-10-31 12281710 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12281710 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12281710 frs-bus:Director1 2023-11-01 2024-10-31 12281710 frs-countries:EnglandWales 2023-11-01 2024-10-31 12281710 2022-10-31 12281710 2023-10-31 12281710 2022-11-01 2023-10-31 12281710 frs-core:CurrentFinancialInstruments 2023-10-31 12281710 frs-core:Non-currentFinancialInstruments 2023-10-31 12281710 frs-core:ShareCapital 2023-10-31 12281710 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12281710
Churchill Property Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
1st Floor
Brook House, Brook Road
Whitchurch
Cardiff
CF14 1DU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12281710
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,986 2,623
Investment Properties 5 36,962 36,962
38,948 39,585
CURRENT ASSETS
Debtors 6 21,382 32,753
Cash at bank and in hand 1,287 813
22,669 33,566
Creditors: Amounts Falling Due Within One Year 7 (7,151 ) (7,746 )
NET CURRENT ASSETS (LIABILITIES) 15,518 25,820
TOTAL ASSETS LESS CURRENT LIABILITIES 54,466 65,405
Creditors: Amounts Falling Due After More Than One Year 8 (57,552 ) (62,757 )
NET (LIABILITIES)/ASSETS (3,086 ) 2,648
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (3,087 ) 2,647
SHAREHOLDERS' FUNDS (3,086) 2,648
Page 1
Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 William Churchill
Director
02/09/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Churchill Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12281710 . The registered office is 85 Cathays Terrace, Cathays, Cardiff, CF24 4HT.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. 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 20% straight line
Fixtures & Fittings 20% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2023 100 3,090 3,190
As at 31 October 2024 100 3,090 3,190
Depreciation
As at 1 November 2023 67 500 567
Provided during the period 19 618 637
As at 31 October 2024 86 1,118 1,204
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2024 14 1,972 1,986
As at 1 November 2023 33 2,590 2,623
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 and 31 October 2024 36,962
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,094 22,623
Other debtors 12,288 10,130
21,382 32,753
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 6,250 6,250
Other creditors 901 899
Taxation and social security - 597
7,151 7,746
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 28,646 34,896
Other loans 28,906 27,861
57,552 62,757
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4