**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|