F. Church Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02109444 (England and Wales)

Financial Statements for the Year Ended 30 September 2018

for

F. Church Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

A W R Cameron

SECRETARY:

Mrs S J S Cameron

REGISTERED OFFICE:

6 Deane's Close

Castle Street

Steventon

Abingdon

Oxfordshire

OX13 6SZ

REGISTERED NUMBER:

02109444 (England and Wales)

ACCOUNTANTS:

Westell

Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Tangible assets

4

142,144

144,357

CURRENT ASSETS

Stocks

20,394

(3,782

)

Debtors

5

239,772

239,417

Cash at bank and in hand

4,284

26,488

264,450

262,123

CREDITORS

Amounts falling due within one year

6

174,183

171,314

NET CURRENT ASSETS

90,267

90,809

TOTAL ASSETS LESS CURRENT LIABILITIES

232,411

235,166

CREDITORS

Amounts falling due after more than one year

7

(18,553

)

(25,456

)

PROVISIONS FOR LIABILITIES

(16,551

)

(10,008

)

NET ASSETS

197,307

199,702

CAPITAL AND RESERVES

Called up share capital

25,002

25,002

Revaluation reserve

8

64,989

64,989

Retained earnings

107,316

109,711

SHAREHOLDERS' FUNDS

197,307

199,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 21 March 2019 and were signed by:

A W R Cameron - Director

1.	STATUTORY INFORMATION

F. Church Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 25% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2017 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2017

87,749

257,978

345,727

Additions

-

25,786

25,786

Disposals

-

(22,675

)

(22,675

)

At 30 September 2018

87,749

261,089

348,838

DEPRECIATION

At 1 October 2017

30,014

171,356

201,370

Charge for year

1,755

24,337

26,092

Eliminated on disposal

-

(20,768

)

(20,768

)

At 30 September 2018

31,769

174,925

206,694

NET BOOK VALUE

At 30 September 2018

55,980

86,164

142,144

At 30 September 2017

57,735

86,622

144,357

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

235,359

217,068

Other debtors

4,413

22,349

239,772

239,417

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Hire purchase contracts

25,234

23,883

Trade creditors

69,193

77,399

Taxation and social security

40,818

32,604

Other creditors

38,938

37,428

174,183

171,314

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.18

30.9.17

£

£

Hire purchase contracts

18,553

25,456

8.

RESERVES

Revaluation

reserve

£

At 1 October 2017

and 30 September 2018

64,989

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2018 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Westell

Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

Date: .............................................