FREEDOM CHURCH DEVELOPMENTS LIMITED


2021-09-012022-08-312022-08-31false12159218FREEDOM CHURCH DEVELOPMENTS 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FREEDOM CHURCH DEVELOPMENTS LIMITED

Registered Number
12159218
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2022

FREEDOM CHURCH DEVELOPMENTS LIMITED
Company Information
for the year from 1 September 2021 to 31 August 2022

Directors

CARR, Nicola
DENDY, Simeon Paul
KIRKLAND, Robert Neil

Registered Address

Freedom Centre, Unit 20 Romsey Industrial Estate
Greatbridge Road
Romsey
SO51 0HR

Registered Number

12159218 (England and Wales)
FREEDOM CHURCH DEVELOPMENTS LIMITED
Balance Sheet as at
31 August 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets537,17512,305
37,17512,305
Current assets
Debtors3,796-
Cash at bank and on hand1,6563,363
5,4523,363
Net current assets (liabilities)5,4523,363
Total assets less current liabilities42,62715,668
Net assets42,62715,668
Capital and reserves
Profit and loss account42,62715,668
Shareholders' funds42,62715,668
  • The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The financial statements were approved and authorised for issue by the Board of Directors on 22 September 2022, and are signed on its behalf by:
DENDY, Simeon Paul
Director
Registered Company No. 12159218
FREEDOM CHURCH DEVELOPMENTS LIMITED
Notes to the Financial Statements
for the year ended 31 August 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20222021
Average number of employees during the year--
5.Property, plant and equipment

Land & buildings

Total

££
Cost or valuation
At 01 September 2112,30512,305
Additions24,87024,870
At 31 August 2237,17537,175
Net book value
At 31 August 2237,17537,175
At 31 August 2112,30512,305
6.Creditors within one year
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.