Churchmill Partnership Ltd - Accounts to registrar (filleted) - small 18.2

Churchmill Partnership Ltd - Accounts to registrar (filleted) - small 18.2

CHURCHMILL PARTNERSHIP LTD - Company Information

Print Friendly Version

IRIS Accounts Production v22.1.0.628 08210567 Board of Directors 1.10.20 30.9.21 30.9.21 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure082105672020-09-30082105672021-09-30082105672020-10-012021-09-30082105672019-09-30082105672019-10-012020-09-30082105672020-09-3008210567ns16:EnglandWales2020-10-012021-09-3008210567ns15:PoundSterling2020-10-012021-09-3008210567ns11:Director12020-10-012021-09-3008210567ns11:PrivateLimitedCompanyLtd2020-10-012021-09-3008210567ns11:SmallEntities2020-10-012021-09-3008210567ns11:AuditExempt-NoAccountantsReport2020-10-012021-09-3008210567ns11:SmallCompaniesRegimeForDirectorsReport2020-10-012021-09-3008210567ns11:SmallCompaniesRegimeForAccounts2020-10-012021-09-3008210567ns11:FullAccounts2020-10-012021-09-300821056712020-10-012021-09-3008210567ns11:Director22020-10-012021-09-3008210567ns11:CompanySecretary12020-10-012021-09-3008210567ns11:RegisteredOffice2020-10-012021-09-3008210567ns6:CurrentFinancialInstruments2021-09-3008210567ns6:CurrentFinancialInstruments2020-09-3008210567ns6:Non-currentFinancialInstruments2021-09-3008210567ns6:Non-currentFinancialInstruments2020-09-3008210567ns6:ShareCapital2021-09-3008210567ns6:ShareCapital2020-09-3008210567ns6:RetainedEarningsAccumulatedLosses2021-09-3008210567ns6:RetainedEarningsAccumulatedLosses2020-09-3008210567ns6:NetGoodwill2020-10-012021-09-3008210567ns6:PlantMachinery2020-10-012021-09-3008210567ns6:NetGoodwill2020-09-3008210567ns6:NetGoodwill2021-09-3008210567ns6:NetGoodwill2020-09-3008210567ns6:PlantMachinery2020-09-3008210567ns6:PlantMachinery2021-09-3008210567ns6:PlantMachinery2020-09-3008210567ns6:WithinOneYearns6:CurrentFinancialInstruments2021-09-3008210567ns6:WithinOneYearns6:CurrentFinancialInstruments2020-09-30
REGISTERED NUMBER: 08210567 (England and Wales)











Financial Statements

for the Year Ended 30 September 2021

for

CHURCHMILL PARTNERSHIP LTD
CHURCHMILL PARTNERSHIP LTD (REGISTERED NUMBER: 08210567)






Contents of the Financial Statements
for the Year Ended 30 September 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHURCHMILL PARTNERSHIP LTD

Company Information
for the Year Ended 30 September 2021







DIRECTORS: N L Speller
D C Speller





SECRETARY:





REGISTERED OFFICE: Brook House
Mint Street
Godalming
Surrey
GU7 1HE





REGISTERED NUMBER: 08210567 (England and Wales)





ACCOUNTANTS: Churchmill Partnership Limited
Brook House
Mint Street
Godalming
Surrey
GU7 1HE
Page 1
CHURCHMILL PARTNERSHIP LTD (REGISTERED NUMBER: 08210567)

Balance Sheet
30 September 2021

30.9.21 30.9.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,500 20,000
Tangible assets 5 1,812 1,294
17,312 21,294

CURRENT ASSETS
Debtors 6 76,717 65,324
Cash at bank and in hand 13,960 40,530
90,677 105,854
CREDITORS
Amounts falling due within one year 7 56,735 63,857
NET CURRENT ASSETS 33,942 41,997
TOTAL ASSETS LESS CURRENT
LIABILITIES
51,254
63,291

CREDITORS
Amounts falling due after more than one
year
8
48,333
60,000
NET ASSETS 2,921 3,291

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 2,820 3,190
SHAREHOLDERS' FUNDS 2,921 3,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 notes form part of these financial statements

Page 2 continued...
CHURCHMILL PARTNERSHIP LTD (REGISTERED NUMBER: 08210567)

Balance Sheet - continued
30 September 2021


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

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 30 June 2022 and were signed on its behalf by:





N L Speller - Director


The notes form part of these financial statements

Page 3
CHURCHMILL PARTNERSHIP LTD (REGISTERED NUMBER: 08210567)

Notes to the Financial Statements
for the Year Ended 30 September 2021

1. STATUTORY INFORMATION

Churchmill Partnership Ltd 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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014 is being amortised evenly over its estimated useful life of 5 years.

Goodwill, being the amount paid in connection with the acquisition of a further business in 2015 is being amortised evenly over its estimated useful life of 10 years.

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 etc - 25% on cost

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.

Page 4 continued...
CHURCHMILL PARTNERSHIP LTD (REGISTERED NUMBER: 08210567)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

2. ACCOUNTING POLICIES - continued

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.

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 8 (2020 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2020
and 30 September 2021 106,119
AMORTISATION
At 1 October 2020 86,119
Charge for year 4,500
At 30 September 2021 90,619
NET BOOK VALUE
At 30 September 2021 15,500
At 30 September 2020 20,000

Page 5 continued...
CHURCHMILL PARTNERSHIP LTD (REGISTERED NUMBER: 08210567)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2020 13,586
Additions 1,469
At 30 September 2021 15,055
DEPRECIATION
At 1 October 2020 12,292
Charge for year 951
At 30 September 2021 13,243
NET BOOK VALUE
At 30 September 2021 1,812
At 30 September 2020 1,294

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Trade debtors 25,045 31,821
Other debtors 51,672 33,503
76,717 65,324

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21 30.9.20
£    £   
Bank loans and overdrafts 10,000 -
Trade creditors 2,109 7,339
Taxation and social security 29,834 41,648
Other creditors 14,792 14,870
56,735 63,857

Page 6 continued...
CHURCHMILL PARTNERSHIP LTD (REGISTERED NUMBER: 08210567)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.21 30.9.20
£    £   
Bank loans 38,333 50,000
Trade creditors 10,000 10,000
48,333 60,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 38,333 50,000

Page 7