2021-03-31-accounts - Community Of Christ In London Limited

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COMMUNITY OF CHRIST IN LONDON LIMITED

(LIMITED BY GUARANTEE)

FINANCIAL STATEMENTS

31 MARCH 2021

Company Number 02856159 Charity Number 1080364

COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364

DIRECTORS AND OFFICERS

DIRECTORS

Satilas De Souza Lanca Jose Carlos Araujo Santana Lucia Cristina Almeida

SECRETARY

Noemi De Lima Hudson

REGISTERED OFFICE

82 Argyll Hemel Hempstead HP2 6NF

COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364

Director’s Report

The directors submit their report and the financial statements of Community of Christ in London Ltd for the year ended 31 March 2021.

Principal Activities

The principal activity of the company during the year continues to be catering for the spiritual needs of its members, setting up local churches, bible schools and distributing Christian books and videos for the advancement of Christianity and religion generally.

Review of the business and future development

Both the level of the business and the year end financial position were as expected in the light of current activities and the directors do not anticipate any material changes in the present level of activity.

Events since the end of the year

There have been no significant events since 31 March 2021.

Results for the year

The trading results for the year are shown in the attached financial statements. The directors do not recommend the payment of dividend.

Directors

The following directors held office during the year:

Satilas Lanca Jose Carlos Araujo Santana Lucia Cristina Almeida

Directors’ Interests in shares and debentures

None of the directors had any interest in the shares or debenture

Fixed assets

The significant changes in fixed assets during the year are as explained in note 2 to the financial statements.

Political and charitable contributions

There were no political or charitable contributions during the year.

COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364

Directors’ Report (continued)

Directors’ responsibilities in the preparation of financial statements Company law requires the directors to prepare financial statements for each financial, which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that year.

In preparing those financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;
make judgements and estimates which are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them top ensure that the financial statements comply with the requirements of the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for prevention and detection of fraud and other irregularities.

By order of the board

Noemi De Lima Hudson Secretary

Dated: 25/12/2021

COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364

Profit and loss account for the year ended 31 March 2021

Turnover Operating Expenses Operating Proft (Loss) Interest Payable Result on ordinary activities before taxation Taxation Result for the year	2021 £ 81,634 120,22 4 - 38,590 0 - 38,590 0 - 38,590	2020 £ 224,6 82 207,8 71
		16,81 1 0
		16,81 1 0
		16,81 1

No separate Statement of Total Recognised Gains and Losses have been presented as all such gains and losses have been dealt with in the Profit and

Loss Account. None of the Company’s activities were acquired or discontinued during the year.

COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364 Balance Sheet as at 31 March 2021

Note Fixed Assets 2 CURRENT ASSETS Cash at bank and on hand CURRENT LIABILITIES Amount falling due within one year Net Current Assets Total Assets less Liabilities Capital and Reserves Called up share capital Undistributed Reserves 3 Total Capital and Reserves	2021 £ 0 52,808 5,041 47,767 47,767 47,767 47,767	2020 £ 0 91,195 4,839
		86,356
		86,356
		86,356
		86,356

For the year ending 31 March 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts; and

• these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime”.

Approved by the board on 30 December 2021

Satilas De Souza Lanca Director

COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364

Notes to the financial statements for the year ended 31 March 2021

1. Accounting Policies

Basis of Accounting

The financial statements have been prepared under historical cost convention.

Tangible Fixed Assets

Fixed assets are stated at historical cost. Depreciation is provided on all tangible assets other than freehold land at rates calculated to write each asset down to its estimated residue value evenly over its expected useful lives, as follows:

Equipment and Furniture & Fittings – 25%-33.33% per annum.

Turnover

Turnover represents the amounts collected or donated. All the income is attributable to the main activity of the company in the United Kingdom.

2. Fixed Assets

2. Fixed Assets
Cost At 31 March 2020 Additions At 31 March 2021 Depreciation At 31 March 2020 Provision for the year At 31 March 2021	Fixture & Fittings £ 11,602.8 3 11,602.8 3 11,602.8 3 11,602.8 3	Equipme nt £ 63,518.00 63,518.00 63,518.00 63,518.00	Total £ 75,120.8 3
			75,120.8 3
			75,120.8 3
			75,120.8 3

Net Book Value
At 31 March 2020	0.00	0.00	0.00
At 31 March 2021	0.00	0.00	0.00

COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364

3. Undistributed Reserve At 31 March 2020 During the year At 31 March 2021	2021 £ 86,356 - 38,590 47,767	2020 £ 69,54 5 16,81 2
		86,35 6