Registered number 1065035
Christ Victory Church International
Report and Accounts
31 March 2021
Christ Victory Church International Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Directors' report | 2 |
| Statement of Financial Affairs | 3 |
| Balance sheet | 4 |
| Notes to the accounts | 5 |
Christ Victory Church International Charity information
Trustees
Rev. Osman Gyasi-Mensah Rev. Fred Kwabena Appiah Mr Augustine Okoro Okoronkwo Mrs Mamley Bampoe Mr Kwadwo Osei-Asibey Ms Stephanie Maty
Secretary
Mr Kwaddwo Osei-Asibey
Accountants
EDWARD CONSULTING LIMITED Fifth Floor Room 12, City Gate House 246 - 250 Romford Road LONDON E7 9HZ
Registered office
22 Foxley Lane Purley CR8 3ED
Registered number
1065035
Page 1
Christ Victory Church International Registered number: 1065035 Trustees' Report
The trustees present their report and accounts for the year ended 31 March 2021.
Principal activities
The company's principal activity during the year continued to be the running of a church. The preaching of the Gospel and advancement of Christian religion, and the alleviation of poverty and helping the weak and vunerable in society.
Trustees
The following persons served as trustees during the year:
Rev. Osman Gyasi-Mensah Rev. Fred Kwabena Appiah Mr Augustine Okoro Okoronkwo Mrs Mamley Bampoe Mr Kwadwo Osei-Asibey Ms Stephanie Maty
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 16 December 2021 and signed on its behalf.
Kwadwo Osei - Asibey Trustee
Page 2
Christ Victory Church International Statement of Financial Affairs for the year ended 31 March 2021
| Turnover Direct Charitable Expenditure Gross profit Administrative expenses Operating profit Surplus/(deficit) for the financial year Funds brought forward Total Funds |
2021 2020 £ £ 44,492 25,941 (16,165) (10,655) 28,327 15,286 (5,490) (1,870) 22,837 13,416 22,837 13,416 22,206 8,790 45,043 22,206 |
|---|---|
Page 3
Christ Victory Church International Registered number: 1065035 Balance Sheet as at 31 March 2021
| Notes Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Funds Funds Shareholders' funds |
2021 2020 £ £ 833 1,111 46,725 23,545 (2,515) (2,450) 44,210 21,095 45,043 22,206 45,043 22,206 45,043 22,206 |
|---|---|
The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kwadwo Osei - Asibey Trustee
Approved by the board on 16 December 2021
Page 4
Christ Victory Church International Notes to the Accounts for the year ended 31 March 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents donations and gifts made by individuals to the church.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold buildings | over 50 years |
|---|---|
| Leasehold land and buildings | over the lease term |
| Plant and machinery | over 5 years |
| Fixtures, fittings, tools and equipment | over 5 years |
| 2 Employees Average number of persons employed by the company 3 Tangible fixed assets Cost At 1 April 2020 At 31 March 2021 Depreciation At 1 April 2020 Charge for the year At 31 March 2021 |
2021 Number 0 |
2020 Number 0 |
|---|---|---|
| Plant and machinery etc £ 4,874 |
||
| 4,874 | ||
| 3,763 278 |
||
| 4,041 |
Page 5- 6
Christ Victory Church International Notes to the Accounts for the year ended 31 March 2021
| Net book value At 31 March 2021 At 31 March 2020 4 Creditors: amounts falling due within one year Trade creditors Other creditors |
2021 £ 300 2,215 2,515 |
833 |
|---|---|---|
| 1,111 | ||
| 2020 £ 235 2,215 |
||
| 2,450 |
5 Other information
Christ Victory Church International is a private company limited by shares and incorporated in England. Its registered office is:
22 Foxley Lane Purley CR8 3ED
Page 5- 6
Christ Victory Church International Detailed profit and loss account for the year ended 31 March 2021
This schedule does not form part of the statutory accounts
| Sales Sales Cost of sales Ministry Expenses Rent & Rates and related expenses Evangelism & Missions Church Welfare Administrative expenses Employee costs: Wages and salaries Volunteer Expenses General administrative expenses: Telephone and internet Subscriptions Insurance Donation Depreciation Sundry expenses Legal and professional costs: Accountancy fees |
2021 2020 £ £ 44,492 25,941 - 2,327 3,994 7,075 9,271 500 2,900 753 16,165 10,655 3,752 - - 500 3,752 500 280 393 180 - - 259 500 - 278 278 200 90 1,438 1,020 300 350 300 350 5,490 1,870 |
|---|---|