Churchmill Partnership Ltd - Accounts to registrar (filleted) - small 18.1

Churchmill Partnership Ltd - Accounts to registrar (filleted) - small 18.1

CHURCHMILL PARTNERSHIP LTD - Company Information

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REGISTERED NUMBER: 08210567 (England and Wales)











Financial Statements

for the Year Ended 30 September 2017

for

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






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHURCHMILL PARTNERSHIP LTD

Company Information
for the Year Ended 30 September 2017







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 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 128,448 148,672
Tangible assets 5 4,723 6,539
133,171 155,211

CURRENT ASSETS
Debtors 6 42,650 50,670
Cash at bank 6,250 5,682
48,900 56,352
CREDITORS
Amounts falling due within one year 7 83,954 204,096
NET CURRENT LIABILITIES (35,054 ) (147,744 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
98,117
7,467

CREDITORS
Amounts falling due after more than one
year
8
97,756
-
NET ASSETS 361 7,467

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 260 7,366
SHAREHOLDERS' FUNDS 361 7,467

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 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 2017


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 Board of Directors on 28 June 2018 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 2017

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 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.

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 2017

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2016
and 30 September 2017 181,119
AMORTISATION
At 1 October 2016 32,447
Charge for year 20,224
At 30 September 2017 52,671
NET BOOK VALUE
At 30 September 2017 128,448
At 30 September 2016 148,672

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2016 10,251
Additions 996
At 30 September 2017 11,247
DEPRECIATION
At 1 October 2016 3,712
Charge for year 2,812
At 30 September 2017 6,524
NET BOOK VALUE
At 30 September 2017 4,723
At 30 September 2016 6,539

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

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade debtors 35,977 49,370
Other debtors 6,673 1,300
42,650 50,670

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors 11,194 33,918
Taxation and social security 25,201 28,102
Other creditors 47,559 142,076
83,954 204,096

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors 97,756 -

Page 6