2022-11-30-accounts - Peculiar People Ministries

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Registered number 08313763

Peculiar Peoples Ministries Limited

Report and Accounts

30 November 2022

Peculiar Peoples Ministries Limited Report and accounts Contents

	Page
Company information	1
Trustees' report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Statement of changes in equity	6
Notes to the accounts	7

Peculiar Peoples Ministries Limited Company Information

Trustees

Ndubuisi Eze Rita Ezeh Bobby Ugochukwu Nkem-ike

Accountants

Sylver Star Accountants Chartered Certfied Accountants 30 Poppy Close Belvedere Kent DA17 6GN

Registered office 88 Hadgemans Road Dagenham RM9 6HD

Registered number 08313763

Peculiar Peoples Ministries Limited Registered number: 08313763 Trustess reports

The directors present their report and accounts for the year ended 30 November 2022.

Principal activities

The company's principal activity during the year continued to be religious activities.

Trustees

The following persons served as trustees during the period:

Ndubuisi Eze Rita Ezeh Bobby Ugochukwu Nkem-ike

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 14 September 2023 and signed on its behalf.

Ndubuisi Eze Director

Peculiar Peoples Ministries Limited Accountants' Report

Accountants' report to the directors of Peculiar Peoples Ministries Limited

You consider that the company is exempt from an audit for the year ended 30 November 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Sylver Star Accountants Chartered Certified Accountants

Chartered Certfied Accountants 30 Poppy Close Belvedere Kent DA17 6GN

14 September 2023

Peculiar Peoples Ministries Limited Profit and Loss Account for the year ended 30 November 2022

Incoming Resources Resources expended Net incoming/(outgoing) resources Interest payable Net movement in funds Tax on profit/(loss) Net movement in funds	2022 £ 162,940 (104,031) 58,909 (1,146) 57,763 - 57,763	2021 £ 77,986 (112,175) (34,189) - (34,189) - (34,189)

Peculiar Peoples Ministries Limited Registered number: 08313763 Balance Sheet as at 30 November 2022

Notes Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 5 Net assets Capital and reserves Unrestricted funds Unstricted funds C/fwd	2022 £ 9,430 301,592 (18,515) 283,077 292,507 (31,039) 261,468 261,468 261,468	2021 £ 11,787 243,868 (1,950) 241,918 253,705 (50,000) 203,705 203,705 203,705

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Ndubuisi Eze Trustee Approved by the board on 14 September 2023

Peculiar Peoples Ministries Limited Statement of financial activities for the year ended 30 November 2022

At 1 December 2020 Net movement in funds At 30 November 2021 At 1 December 2021 Net movement in funds At 30 November 2022	Share capital £ - - - -	Share premium £ - - - -	Re- valuation reserve £ - - - -	Profit and loss account £ 237,894 (34,189) 203,705 203,705 57,763 261,468	Total £ 237,894 (34,189) 203,705 203,705 57,763 261,468

Peculiar Peoples Ministries Limited Notes to the Accounts for the year ended 30 November 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2 Employees Average number of persons employed by the company 3 Tangible fixed assets Cost At 1 December 2021 At 30 November 2022 Depreciation At 1 December 2021 Charge for the year At 30 November 2022	2022 Number 1	2021 Number 1 Plant and machinery etc £ 22,461 22,461 10,674 2,357 13,031

Peculiar Peoples Ministries Limited Notes to the Accounts for the year ended 30 November 2022

Net book value At 30 November 2022 At 30 November 2021 4 Creditors: amounts falling due within one year Bank loans and overdrafts Trade creditors 5 Creditors: amounts falling due after one year Bank loans 6	2022 £ 10,346 8,169 18,515 2022 £ 31,039	9,430 11,787 2021 £ - 1,950 1,950 2021 £ 50,000

Peculiar Peoples Ministries Limited Detailed profit and loss account for the year ended 30 November 2022

This schedule does not form part of the statutory accounts

Funds Incoming resoucres Administrative expenses Employee costs: Pastoral salaries/allowances Honoraium Travel and subsistence Premises costs: Rent Light and heat General administrative expenses: Telephone and internet Stationery and printing Insurance Musical & pulic address equipments Evangelism Donations & tithe Repairs and maintenance Depreciation Members' welfare and training Legal and professional costs: Accountancy fees	2022 £ 162,940 12,000 15,500 3,382 30,882 28,383 4,975 33,358 2,152 2,203 1,438 3,795 6,871 6,782 1,365 2,357 10,668 37,631 2,160 2,160 104,031	2021 £ 77,986 12,000 15,985 3,258 31,243 28,383 - 28,383 2,152 1,368 1,375 3,698 14,258 7,586 1,360 2,947 15,855 50,599 1,950 1,950 112,175