| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 29 May 2025 |
| for |
| Churchfields (Cheshire) Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 29 May 2025 |
| for |
| Churchfields (Cheshire) Limited |
| Churchfields (Cheshire) Limited (Registered number: 07649714) |
| Contents of the Financial Statements |
| for the Year Ended 29 May 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Churchfields (Cheshire) Limited |
| Company Information |
| for the Year Ended 29 May 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Reedham House |
| 31 King Street West |
| Manchester |
| M3 2PJ |
| Churchfields (Cheshire) Limited (Registered number: 07649714) |
| Balance Sheet |
| 29 May 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| Churchfields (Cheshire) Limited (Registered number: 07649714) |
| Balance Sheet - continued |
| 29 May 2025 |
| The financial statements were approved by the director and authorised for issue on |
| Churchfields (Cheshire) Limited (Registered number: 07649714) |
| Notes to the Financial Statements |
| for the Year Ended 29 May 2025 |
| 1. | STATUTORY INFORMATION |
| Churchfields (Cheshire) Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned parent within the group. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Tangible fixed assets are recorded at cost less accumulated depreciation and accumulated impairment losses. |
| 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. |
| Churchfields (Cheshire) Limited (Registered number: 07649714) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 May 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Hire purchase and leasing commitments |
| Rental under operating leases are charged to the profit and loss account as they are incurred. |
| Going concern |
| The company's financial statements for the year ended 29 May 2025 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 30 May 2024 |
| and 29 May 2025 |
| AMORTISATION |
| At 30 May 2024 |
| and 29 May 2025 |
| NET BOOK VALUE |
| At 29 May 2025 |
| At 29 May 2024 |
| Churchfields (Cheshire) Limited (Registered number: 07649714) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 May 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and | Computer |
| property | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 30 May 2024 |
| Additions |
| At 29 May 2025 |
| DEPRECIATION |
| At 30 May 2024 |
| Charge for year |
| At 29 May 2025 |
| NET BOOK VALUE |
| At 29 May 2025 |
| At 29 May 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Churchfields (Cheshire) Limited (Registered number: 07649714) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 May 2025 |
| 9. | CONTINGENT LIABILITIES |
| The company has guaranteed the bank facilities of a company in which one of the directors of that company is a former director of this company and the other director is the spouse of the director of this company. The balance amounted to £135,715 as at 29 May 2025.. |
| 10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 29 May 2025 and the period ended 29 May 2024: |
| 2025 | 2024 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| During the year, interest amounting to £1,115 (2024 - £824) has been charged to the director's current account in respect of the overdrawn balance. |
| 11. | RELATED PARTY DISCLOSURES |
| Entities over which the entity has control, joint control or significant influence: |
| 2025 | 2024 |
| £ | £ |
| Amounts due from related party | 693,728 | 1,270,863 |
| Amounts due to related party | 367,397 | 170,874 |
| There are no repayment terms and no interest is chargeable by the company in respect of these balances. |
| Included within other creditors is director's current account balance of £1,151 (2024: nil). There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance. |
| 12. | ULTIMATE PARENT COMPANY |
| The company's ultimate parent undertaking is Churchfield (Cheshire) Group Limited, a company incorporated and registered in England and Wales. |
| The company is a wholly owned subsidiary of Churchfields (Cheshire) Holdings Limited, a company incorporated in England and Wales. |
| Registered Office | Reedham House |
| 31 King Street West |
| Manchester |
| United Kingdom |
| M3 2PJ |