COMMUNITY OF CHRIST IN LONDON LIMITED
(LIMITED BY GUARANTEE)
FINANCIAL STATEMENTS
31 MARCH 2022
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 Kleyton Dowglas De Biazze Cleverson Henrique Souza Mattos Maria Emilia Pinto Abreu
SECRETARY
Noemi De Lima Hudson
REGISTERED OFFICE
8 Beechcroft Chesham Road Berkhamsted HP4 3BT
2
COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364
�����������������
The directors submit their report and the financial statements of Community of Christ in London Ltd for the year ended 31 March 2022.
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 2022.
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 Kleyton Dowglas De Biazze Cleverson Henrique Souza Mattos Maria Emilia Pinto Abreu
���������������rests 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.
3
COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364
�����������������������������
���������������������������������e 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: 21/12/2022
4
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 2022
| Turnover Operating Expenses Operating Profit (Loss) Interest Payable Result on ordinary activities before taxation Taxation Result for the year |
2022 £ 84,386 87,794 -3,408 0 -3,408 0 -3,408 |
2021 £ 81,634 120,224 |
|---|---|---|
| -38,590 0 |
||
| -38,590 0 |
||
| -38,590 |
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 ������������������������������������ activities were acquired or discontinued during the year.
5
COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364 Balance Sheet as at 31 March 2022
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 |
2022 £ 0 53,667 9,308 44,359 44,359 44,359 44,359 |
2021 £ 0 52,808 5,041 |
|---|---|---|
| 47,767 | ||
| 47,767 | ||
| 47,767 | ||
| 47,767 |
For the year ending 31 March 2022, 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
�������������������������������������n accordance with the provisions applicable to companies subject ���������������������������������
Approved by the board on 21 December 2022
Satilas De Souza Lanca Director
6
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 2022
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
| Cost At 31 March 2021 Additions At 31 March 2022 Depreciation At 31 March 2021 Provision for the year At 31 March 2022 Net Book Value At 31 March 2021 At 31 March 2022 |
Fixture & Fittings £ 11,602.83 11,602.83 11,602.83 11,602.83 0.00 0.00 |
Equipment £ 63,518.00 63,518.00 63,518.00 63,518.00 0.00 0.00 |
Total £ 75,120.83 |
|---|---|---|---|
| 75,120.83 | |||
| 75,120.83 | |||
| 75,120.83 | |||
| 0.00 | |||
| 0.00 |
7
COMMUNITY OF CHRIST IN LONDON LIMITED (LIMITED BY GUARANTEE) COMPANY NUMBER 02856159 CHARITY NUMBER 1080364
| At 31 March 2020 During the year At 31 March 2021 |
2021 £ 47,767 -3,408 44,359 |
2020 £ 86,356 -38,590 |
|---|---|---|
47,767 |
8