Company Registration No. NI620214 (Northern Ireland)
Church Valley Homes Limited
Unaudited accounts
for the year ended 30 September 2020
Church Valley Homes Limited
Unaudited accounts
Contents
Church Valley Homes Limited
Company Information
for the year ended 30 September 2020
Directors
Mrs A Rooney
P Williams
Company Number
NI620214 (Northern Ireland)
Registered Office
UNIT 22 CBTC2 CAPITAL BUSINESS PARK
CARDIFF
CARDIFF
CF3 2PX
Accountants
Fiona Grainger Chartered Accountant
15 Dovedale Close
Caerdydd
CF23 5LS
Church Valley Homes Limited
Statement of financial position
as at
30 September 2020
Tangible assets
35,917
28,255
Cash at bank and in hand
97,177
52,941
Creditors: amounts falling due within one year
(141,233)
(145,917)
Net current assets
27,880
13,575
Total assets less current liabilities
63,797
41,830
Provisions for liabilities
Other provisions
(7,302)
(7,302)
Called up share capital
2
2
Profit and loss account
56,493
34,526
Shareholders' funds
56,495
34,528
For the year ending 30 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2021 and were signed on its behalf by
Mrs A Rooney
Director
Company Registration No. NI620214
Church Valley Homes Limited
Notes to the Accounts
for the year ended 30 September 2020
Church Valley Homes Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI620214. The registered office is UNIT 22 CBTC2 CAPITAL BUSINESS PARK, CARDIFF, CARDIFF, CF3 2PX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on cost
Fixtures & fittings
33% on cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Church Valley Homes Limited
Notes to the Accounts
for the year ended 30 September 2020
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 1 October 2019
126,092
At 30 September 2020
155,832
Charge for the year
22,078
At 30 September 2020
119,915
At 30 September 2020
35,917
At 30 September 2019
28,255
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
15,925
18,544
Amounts due from group undertakings etc.
-
51,200
Accrued income and prepayments
14,151
18,421
Other debtors
41,860
18,386
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
470
1,245
Amounts owed to group undertakings and other participating interests
48,735
83,037
Taxes and social security
421
(4,960)
Other creditors
44,931
26,586
7
Average number of employees
During the year the average number of employees was 3 (2019: 3).