Registration number 3448655 Charity Reg No 1070833
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Directors' report and financial statements
for the year ended 31 October 2024
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Contents
| Page | |
|---|---|
| Directors' report | 1 |
| Accountants' report | 2 |
| Profit and loss account | 3 |
| Balance sheet | 4 - 5 |
| Notes to the financial statements | 6 - 7 |
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Directors' report for the year ended 31 October 2024
The directors present their report and the financial statements for the year ended 31 October 2024.
Principal activity
The principal activity of the company ...
Directors
The directors who served during the year are as stated below:
Edmund Anyahamise Pantti Rssanen
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the Board on 2 April 2025, and signed on its behalf by:
Edmund Anyahamise Director
Page 1
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Accountants' report on the unaudited financial statements to the directors of The Church (Worldwide) Incorporated Limited
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on pages 3 to 7 and you consider that the company is exempt from an audit. In accordance with your instructions we have compiled these unaudited financial statements, in order to assist you to fulfil your statutory responsibilities, from the accounting records and information supplied to us.
Coker Isah & Co Chatrered Certified Accountsnts 74 Church Road
London SAE19 2EZ
Date: 2 April 2025
Page 2
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Profit and loss account
for the year ended 31 October 2024
| Notes Turnover 2 Administrative expenses Profit on ordinary activities before taxation Tax on profit on ordinary activities Profit for the year 6 Retained profit brought forward Retained profit carried forward |
2024 £ 27,068 ) (9,655 17,413 - 17,413 736,265 753,678 |
2023 £ 26,268 ) (9,778 16,490 - 16,490 719,775 736,265 |
|---|---|---|
The notes on pages 6 to 7 form an integral part of these financial statements.
Page 3
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Balance sheet as at 31 October 2024
| 2024 Notes £ Fixed assets Tangible assets 3 Current assets Cash at bank and in hand 74,751 74,751 Creditors: amounts falling due within one year 4 ) (142,902 Net current liabilities Total assets less current liabilities Creditors: amounts falling due after more than one year 5 Net assets Reserves Profit and loss account 6 Members' funds |
2023 £ £ 894,254 73,478 73,478 ) (159,042 ) (68,151 826,103 ) (72,425 753,678 753,678 753,678 |
£ 894,254 ) (85,564 808,690 ) (72,425 736,265 736,265 736,265 |
|---|---|---|
The directors' statements required by Sections 475(2) and (3) are shown on the following page which forms part of this Balance Sheet.
The notes on pages 6 to 7 form an integral part of these financial statements.
Page 4
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Balance sheet (continued)
Directors' statements required by Sections 475(2) and (3) for the year ended 31 October 2024
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• 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 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
These accounts were approved by the directors on 2 April 2025, and are signed on their behalf by:
Edmund Anyahamise Director
Registration number 3448655
The notes on pages 6 to 7 form an integral part of these financial statements.
Page 5
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Notes to the financial statements for the year ended 31 October 2024
1. Accounting policies
1.1. Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.
1.3. Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings
- Straight line over years
2. Turnover
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.
| Land and | Land and | |||
|---|---|---|---|---|
| Tangible fixed assets | buildings | |||
| freehold | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 November 2023 | 894,254 | 894,254 | ||
| At 31 October 2024 | 894,254 | 894,254 | ||
| Net book values | ||||
| At 31 October 2024 | 894,254 | 894,254 | ||
| At 31 October 2023 | 894,254 | 894,254 |
3. Tangible fixed assets
Page 6
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Notes to the financial statements for the year ended 31 October 2024
| .................... continued | .................... continued | ||
|---|---|---|---|
| 4. | Creditors: amounts falling due | 2024 | 2023 |
| within one year | £ | £ | |
| Bank loan | 133,776 | 149,966 | |
| Corporation tax | 6,503 | 6,503 | |
| Other taxes and social security costs | 1,263 | 1,263 | |
| Accruals and deferred income | 1,360 | 1,310 | |
| 142,902 | 159,042 | ||
| 5. | Creditors: amounts falling due | 2024 | 2023 |
| after more than one year | £ | £ | |
| Bank loan | 72,425 | 72,425 | |
| Profit | |||
| 6. | Reserves | and loss | |
| account | Total | ||
| £ | £ | ||
| At 1 November 2023 | 736,265 | 736,265 | |
| Profit for the year | 17,413 | 17,413 | |
| At 31 October 2024 | 753,678 | 753,678 |
7. Company limited by guarantee
Page 7
The Church (Worldwide) Incorporated Limited Company limited by guarantee
Detailed trading profit and loss account and expenses schedule for the year ended 31 October 2024
| Sales Fees receivable Administrative expenses Computer bureau costs Light and heat Repairs and maintenance Printing, postage and stationery Advertising Telephone Loan Interest Travelling and entertainment Accountancy Bank charges General expenses Operating profit |
2024 £ 240 1,520 880 70 85 411 5,014 900 350 127 58 % 64 |
£ 27,068 27,068 9,655 17,413 17,413 |
2023 £ 223 1,490 865 45 65 412 5,556 340 500 174 108 % 63 |
£ 26,268 |
|---|---|---|---|---|
| 26,268 9,778 |
||||
| 16,490 16,490 |