N J Churcher Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05715779 (England and Wales)

N J CHURCHER LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Churcher

SECRETARY:

R E Hopson

REGISTERED OFFICE:

20 Alexandra Road

Northampton

Northamptonshire

NN1 5QP

REGISTERED NUMBER:

05715779 (England and Wales)

ACCOUNTANTS:

N J Churcher Limited

Chartered Tax Advisers

20 Alexandra Road

Northampton

Northamptonshire

NN1 5QP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,410

3,075

1,410

3,075

CURRENT ASSETS

Debtors

6

58,538

75,686

Cash at bank

47,414

28,391

105,952

104,077

CREDITORS

Amounts falling due within one year

7

21,569

32,324

NET CURRENT ASSETS

84,383

71,753

TOTAL ASSETS LESS CURRENT LIABILITIES

85,793

74,828

PROVISIONS FOR LIABILITIES

268

615

NET ASSETS

85,525

74,213

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

85,524

74,212

SHAREHOLDERS' FUNDS

85,525

74,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 7 December 2017 and were signed by:

N J Churcher - Director

1.	STATUTORY INFORMATION

N J Churcher 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.

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

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 reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

31,500

AMORTISATION

At 1 April 2016

and 31 March 2017

31,500

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

22,447

Disposals

(15,905

)

At 31 March 2017

6,542

DEPRECIATION

At 1 April 2016

19,372

Charge for year

470

Eliminated on disposal

(14,710

)

At 31 March 2017

5,132

NET BOOK VALUE

At 31 March 2017

1,410

At 31 March 2016

3,075

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

54,407

71,651

Other debtors

4,131

4,035

58,538

75,686

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

167

467

Taxation and social security

20,450

27,834

Other creditors

952

4,023

21,569

32,324

8.	RELATED PARTY DISCLOSURES

The company rented premises from Nicolas Churcher, a director. This rent amounted to £3,400 in the

year.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is N J Churcher.