Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Registered Number 08993640 (England and Wales) Unaudited Financial Statements for the Year ended 31 March 2023
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Contents of the Financial Statements Company Information Directors. Report Accountants, Report Profit and Loss Account Balance Sheet Notes to the Financial Statements 8-10 Detailed Profit and Loss Account Thi$ p89¥ do8s not part of thè $tatutoryfin$ntyal stst*m¢nts
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Company Information for the year from 1 April 2022 to 31 March 2023 Directors Adams, Matthew David BOYLAND, James Philip Keays, Jonathan Peter KIRKWOOD, Michael John Registered Address Yeovil Family Church 164 Preston Road Yeovil BA20 2EQ Registered Number 08993640 (England and Walesl
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Directors, Report The directors present their report and the financial statements of the company for the year ended 31 March 2023. The directors who served during the year were as follows.. Adams, Matthew David Keays, Jonathan Peter Racher, Ronald Bruce Holmes, Colin (Resigned 25 April 2022} The report of the directors has been prepared taking advantage of the small companies exemptions of Section 415A ofthe CompaniesAct 2006. y order of the board: Dottusl d by.. an Peter Director 12 October 2023
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Accountants, Report Chartered Accountants. report to the directors on the preparation of the unaudited statutory financial statements of Yeovil Family Church (the company) for the year ended 31 March 2023. To assist you lo fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 March 2023 which comprise the Profil and Loss accounts, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us. As a practising member of the Institute of Chartered Accountants in England and Wales IICAEW), we are subject to ils ethical and other professional requirements which are detailed at https.'l.lcaew.comlregu1ati0n. This report is made solely to the directors of the company, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely lo prepare for your approval the financial ststemenls of the company and stsle those matters that we have agreed to stale to the directors of the Compary, as a booy, in this report in accordan with the ICAEWTechnical Release 07116 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the company and Ils directors, as a body, for our work or for this report. It is your duty lo ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, Iiabililies, financial position and profil or loss of the company. You consider that the company is exempt from the statutory audit requirement for the ye. We have not been instructed to carry out an audit of the financial statements of the compary. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to US 8nd we do not, therefore, express any opinion on the financial statements. Read & Co. Chartered Accountants 1 Park Gardens Yeovil BA20 1 DW Date.. 12 October 2023 Thi$ p89¥ do8s not part of thè $tatutoryfin$ntyal ststm¢nts
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Profit and Loss Account for the year from 1 April 2022 to 31 March 2023 Notes 2023 2022 Administrative expenses 177,3781 {91,825} Other operating income 118,041 106,805 Interest payable and similar charges 15,8911 14,1841 Profit bofore taxation 34,772 10,796 Profit for the year 34,772 10,796
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Balance Sheet as at 31 March 2023 Notes 2023 2022 Fixod assets Tangible assets 226,564 226,564 226,564 226,564 Current assets Debtors 3,293 3,988 Cash al bank and on hand 79,114 48,011 82,407 51,999 Creditors amounts falling due within one year 14,4981 14,9611 Net current assets Iliabilities) 77,909 47,038 Total assets less current Ilabllltles 304,473 273,602 Creditors amounts falling due after one year 192,2761 {96,178) Net assets 212,197 177,424 Capitsl and reserves Other reserves 2,199 2,199 Profit and loss account 209,998 175,225 Reserves 212,197 177,424 The Company was entitled lo exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 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 accordan with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company's profil and loss account. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 44412AI.
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Balance Sheet (continued) as at 31 March 2023 The financial statements were approved and authorised for issue by the Board of Directors on 12 October 2023, and are signed on its behalf by.. Do¢uSI nedtsy.. 5BS52DAFOBCA493 Keays, Jonathan Peter Director Registered Company No. 08993640
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Notes to the Financial Statements for the year ended 31 March 2023 Statutory information The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. Compliance with applicable reporting framework The financial slalements have been prepared in Complian with FRS 102 Section 1A as il applies to the financial statements for the period and there were no material departures from the reporting standard. Accounting policies Property, plant and equipment policy Tangible fixed assets are staled at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows". Revenue recognition policy Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by referen lo the stage of completion of the contract. The stage of completion of a ¢onlra¢l 15 measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Employee information 2023 2022 Average number of employees during the year
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Notes to the Financial Statements (continued) for the year ended 31 March 2023 Property, plant and equipment Total Cost or valuatlon At 01 April 22 226,564 At 31 March 23 226,564 Net book value At 31 March 23 226,564 At 31 March 22 226,564 Debtors within one year 2023 2022 Other debtors 1,679 2,433 Prepayments and accrued income 1,614 1,555 Total 3,293 3,988 Short term debtors are measured al transaction pri (which is usually the Invol pricel, less any impairment losses for bad and doubfful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured al amortised cost determined using the effecb've interest method, less any impairment losses for bad and doubfful debts. Creditors within one year 2023 2022 Bank borrowings and overdftS 3,801 3,801 Taxation and social security 697 1,160 Total 4,498 4,961 Short term creditors are measured at transaction price (which is usually the invoice pricel. 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.
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Notes to the Financial Statements (continued) for the year ended 31 March 2023 Creditors after one year 2023 2022 Bank borrowings and overdrafts 92,276 96,178 Total 92,276 96,178 10
Docusign En¥ÈlopÈ ID." F9DF217841064896-A423-8A8AFEB15538 Yeovil Family Church Detailed Profit and Loss Account for the year from 1 April 2022 to 31 March 2023 2023 2022 Gross profit Gross Profit Administrative expenses Administration & Management 3,780 3,963 Charitsble Expenditure 15,560 22,199 Fundraising & Publicity 1,870 1,238 Premises Expenses 3,457 2,505 Salaries & Pensions 52,711 61,920 77,378 91,825 Other Operatlng Income Gift-aid Recoverable 21,020 19,392 Interest Income 760 209 Miscellaneous Income 2,835 2,134 Sunday Offerings & Donations 24,260 16,281 Tithes & Regular Giving 69,166 68,789 118,041 106,805 Interest payable and similar charges Mortgage Interest 5,891 4,184 5,891 4,184 Profitlllossl for the year Nel Profit 34,772 10,796 34,772 10,796 Thi$ p89¥ do8s not part of thè $tatutoryfin$ntyal stst*m¢nts 11