2022-10-31-accounts - Christ Apostolic Church Pentecostal Assembly

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Company Registration No. 09280006 (England and Wales)

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2022

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company information	3
Director's report	4
Accountants' report	5
Income statement	6
Statement of financial position	7
Notes to the accounts	8
Detailed profit and loss account	9

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY COMPANY INFORMATION FOR THE YEAR ENDED 31 OCTOBER 2022

Director

Company Number

Registered Office

Accountants

MR. O OLUSEGUN AJAYI

09280006 (England and Wales)

250 COALWAY ROAD WV3 7NP COALWAY ROAD WOLVERHAMPTON WV3 7NP ENGLAND HERITAGE ACCOUNTING SERVICES 27 CLEVELAND STREET WOLVERHAMPTON WEST MIDLANDS WV1 3HT

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY (COMPANY NO: 09280006 ENGLAND AND WALES) DIRECTOR'S REPORT

The director presents his report and accounts for the year ended 31 October 2022.

Directors

MR. O OLUSEGUN AJAYI held office during the whole of the period.

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they 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 period. In preparing these accounts, the directors are required to:

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

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

Director

Approved by the board on: 14 July 2023

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY ACCOUNTANTS' REPORT

Accountants' report to the director of CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY on the preparation of the unaudited statutory accounts for the year ended 31 October 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY for the year ended 31 October 2022 as set out on pages 6 - 8 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY. You consider that CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

HERITAGE ACCOUNTING SERVICES

27 CLEVELAND STREET WOLVERHAMPTON WEST MIDLANDS WV1 3HT

14 July 2023

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY INCOME STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2022

Turnover 4 Administrative expenses Other operating income Operating profit Profit on ordinary activities before taxation Tax on profit on ordinary activities Profit for the financial year	2022 £ 33,050 (41,943) 9,900 1,007 1,007 - 1,007	2021 £ 39,360 (38,426) -
		934
		934 -
		934

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2022

Notes Fixed assets Tangible assets 5 Current assets Cash at bank and in hand Net current assets Net assets Capital and reserves Capital contribution reserve Profit and loss account Shareholders' funds	2022 £ 1,232 2,612 2,612 3,844 1,903 1,941 3,844	2021 £ - 2,837
		2,837
		2,837
		1,903 934
		2,837

For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board and authorised for issue on 14 July 2023 and were signed on its behalf by

Director

Company Registration No. 09280006

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2022

1 Statutory information

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY is a private company, limited by shares, registered in England and Wales, registration number 09280006. The registered office is 250 COALWAY ROAD WV3 7NP COALWAY ROAD, WOLVERHAMPTON, WV3 7NP, ENGLAND.

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Plant & machinery 20%

4 Turnover

OFFERINGS RECIEVED

5 Tangible fixed assets Cost or valuation At 1 November 2021 Additions At 31 October 2022 Depreciation At 1 November 2021 Charge for the year At 31 October 2022 Net book value At 31 October 2022	Motor vehicles £ At cost 2,500 1,540
	4,040
	2,500 308
	2,808
	1,232

6 Average number of employees

During the year the average number of employees was 1 (2021: 1).

CHRIST APOSTOLIC CHURCH PENTECOSTAL ASSEMBLY DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2022

This schedule does not form part of the statutory accounts.

Turnover Sales Administrative expenses Wages and salaries Staff training and welfare Travel and subsistence Rent Light and heat Telephone and fax Postage Stationery and printing Information and publications Insurance Equipment expensed Repairs and maintenance Depreciation Donations Sundry expenses Accountancy fees Consultancy fees Other operating income Government grants Operating profit Profit on ordinary activities before taxation	2022 £ 33,050 10,000 428 3,859 9,600 2,680 2,043 847 689 545 1,414 475 4,408 308 1,050 1,347 250 2,000 41,943 9,900 1,007 1,007	2021 £ 39,360
		9,875 690 4,211 6,950 2,550 1,707 1,888 - 380 1,640 1,829 3,870 263 758 1,455 360 -
		38,426
		-
		934
		934