Report of the Directors and
Financial Statements for the Year Ended 31 January 2023
for
End Time Evangelism Ministries
End Time Evangelism Ministries
Contents of the Financial Statements for the Year Ended 31 January 2023
| Page | |
|---|---|
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| Report of the Accountants | 7 |
| Detailed Income and Expenditure Account | 8 |
End Time Evangelism Ministries
Company Information for the Year Ended 31 January 2023
| DIRECTORS: | K C Anga |
|---|---|
| S T Chikota | |
| A Hochi | |
| C Ngairongwe | |
| REGISTERED OFFICE: | Sterling House, 1C Tyler Way |
| Wincobank | |
| Sheffield | |
| South Yorkshire | |
| S9 1DH | |
| REGISTERED NUMBER: | 06040106 (England and Wales) |
| ACCOUNTANTS: | A H Accountancy Services |
| Incorporated Financial Accountants | |
| 61A Blagden Street | |
| Sheffield | |
| South Yorkshire | |
| S2 5QS |
Page 1
End Time Evangelism Ministries
Report of the Directors
for the Year Ended 31 January 2023
The directors present their report with the financial statements of the company for the year ended 31 January 2023.
DIRECTORS
The directors shown below have held office during the whole of the period from 1 February 2022 to the date of this report.
K C Anga S T Chikota A Hochi
Other changes in directors holding office are as follows:
C Ngairongwe - appointed 26 August 2022
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
ON BEHALF OF THE BOARD:
S T Chikota - Director
31 October 2023
Page 2
End Time Evangelism Ministries
| Income Statement | |||
|---|---|---|---|
| for the Year Ended 31 January 2023 | |||
| 31.1.23 | 31.1.22 | ||
| Notes | £ | £ | |
| TURNOVER | 68,265 | 56,002 | |
| Administrative expenses | 59,504 | 49,313 | |
| OPERATING SURPLUS and | |||
| SURPLUS BEFORE TAXATION | 8,761 | 6,689 | |
| Tax on surplus | - | - | |
| SURPLUS FOR THE FINANCIAL YEAR | 8,761 | 6,689 |
The notes form part of these financial statements
Page 3
End Time Evangelism Ministries (Registered number: 06040106)
Balance Sheet
31 January 2023
| Notes FIXED ASSETS Tangible assets 5 CURRENT ASSETS Cash at bank and in hand CREDITORS Amounts falling due within one year 6 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES RESERVES Income and expenditure account MEMBERS' FUNDS |
31.1.23 £ 26,646 6,055 |
£ 3,394 20,591 23,985 23,985 23,985 |
31.1.22 £ 19,339 6,800 |
£ 2,685 12,539 |
|---|---|---|---|---|
| 15,224 | ||||
| 15,224 | ||||
| 15,224 |
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
-
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by:
S T Chikota - Director
The notes form part of these financial statements
Page 4
End Time Evangelism Ministries
Notes to the Financial Statements
for the Year Ended 31 January 2023
1. STATUTORY INFORMATION
End Time Evangelism Ministries is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover
Turnover represents donations received during the year.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 15% on reducing balance
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. EMPLOYEES AND DIRECTORS
The average number of employees during the year was 1 (2022 - 1).
4. OPERATING SURPLUS
The operating surplus is stated after charging:
Depreciation - owned assets
31.1.23 31.1.22 £ £ 599 171
Page 5
continued...
End Time Evangelism Ministries
Notes to the Financial Statements - continued
for the Year Ended 31 January 2023
5. TANGIBLE FIXED ASSETS
| 5. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 February 2022 | 7,771 | - | 7,771 | |
| Additions | - | 1,308 | 1,308 | |
| At 31 January 2023 | 7,771 | 1,308 | 9,079 | |
| DEPRECIATION | ||||
| At 1 February 2022 | 5,086 | - | 5,086 | |
| Charge for year | 403 | 196 | 599 | |
| At 31 January 2023 | 5,489 | 196 | 5,685 | |
| NET BOOK VALUE | ||||
| At 31 January 2023 | 2,282 | 1,112 | 3,394 | |
| At 31 January 2022 | 2,685 | - | 2,685 | |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.1.23 | 31.1.22 | |||
| £ | £ | |||
| Taxation and social security | 710 | 1,502 | ||
| Other creditors | 5,345 | 5,298 | ||
| 6,055 | 6,800 |
Page 6
End Time Evangelism Ministries
Report of the Accountants to the Directors of End Time Evangelism Ministries
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on pages three to six 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 and explanations supplied to us.
A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS
31 October 2023
This page does not form part of the statutory financial statements
Page 7
End Time Evangelism Ministries
Detailed Income and Expenditure Account for the Year Ended 31 January 2023
| Turnover Tithes Offerings Expenditure Rent & Pastor expenses Rates and water Light and heat Wages Pensions Telephone Post and stationery Travelling Motor expenses Website Business insurance Repairs and renewals Sundry donations Accountancy Depreciation of tangible fixed assets Fixtures and fittings Computer equipment Finance costs Bank charges NET SURPLUS |
31.1.23 £ 57,968 10,297 19,814 308 696 31,630 762 1,899 301 2,089 - 213 302 451 - 440 403 196 |
£ 68,265 59,504 8,761 - 8,761 |
31.1.22 £ 46,192 9,810 10,833 752 595 31,630 762 1,100 84 120 267 245 - 314 2,000 400 170 - |
£ 56,002 49,272 |
|---|---|---|---|---|
| 6,730 41 |
||||
| 6,689 |
This page does not form part of the statutory financial statements
Page 8