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2023-07-31-accounts

The Redeemed Christian Church of God

Company No. 09154557

Unaudited Accounts

31 July 2023

The Redeemed Christian Church of God Contents

Page
Numbers
Company Information 2 to 2
Director's Report 3 to 3
Income & Expenditure Account 4 to 4
Balance Sheet 5

Page 1

The Redeemed Christian Church of God Company Information

Director

Adebisi Onikeku

Registered Office

57 Slyne Road Lancaster LA1 2JH

Accountants

Anchor Business Solution 1-24 Acorn House, 351-397 Midsummer Boulevard Milton Keynes Bucks MK9 3HP

Page 2

The Redeemed Christian Church of God Income and Expenditure Account

for the year ended 31 July 2023

for the year ended 31 July 2023
Turnover
Cost of raw materials and consumables
Depreciation and other amounts written off assets
Other charges
Surplus before tax for the financial year
Tax
Surplus for the financial year
2023
£
110,653
(24,915)
(424)
(81,339)
3,975
-
3,975

Page 3

The Redeemed Christian Church of God Balance Sheet

at 31 July 2023

at 31 July 2023
Company No.
09154557
Fixed assets
Current assets
Creditors: Amounts falling due within one year
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after more than one year
Accruals and deferred income
Reserves
2023
£
242,270
3,861
(27,250)
(23,389)
218,881
(150,000)
(300)
68,581
29,056
£
-
-
-
-
-
-
-
-
25,081

NOTES TO THE ACCOUNTS

1 Basis of preparation

These accounts have been prepared in accordance with the micro-entity provisions of the small companies regime.

2 Employees

Employees
2023
Number Number
The average monthly number of employees (including
directors) during the year was:
5 5

3 Additional information

The Redeemed Christian Church of God is a private company limited by guarantee and incorporated in England and Wales.

Its registered number is: 09154557

Its registered office is: 57 Slyne Road

Lancaster LA1 2JH

For the year ended 31 July 2023 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 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 were approved by the board of directors on 31 July 2023 and signed on its behalf by:

Adebisi Onikeku - Director

Page 4

The Redeemed Christian Church of God Detailed Balance Sheet Notes

for the year ended 31 July 2023

1
Fixed assets
Tangible fixed assets
2
Tangible fixed assets
Cost
Additions
At 31 July 2023
Depreciation
Charge for the year
At 31 July 2023
Net book values
At 31 July 2023
Cost
Additions
At 31 July 2023
Depreciation
Net book values
At 31 July 2023
3
Current assets
Cash at bank and in hand
4
Creditors:
amounts falling due within one year
Other creditors
2023
£
242,270
Fixtures,
fittings and
equipment
£
1,694
Total
£
242,694
242,270
Total
Property
£
241,000
241,000 1,694 242,694
- 424 424
- 424 424
241,000 1,270 242,270
2023
£
Freehold
Investment
Property
£
241,000
Total
Property
£
241,000
241,000 241,000
241,000 241,000
3,861
3,861
2023
£
27,250
27,250

Page 5

The Redeemed Christian Church of God Detailed Balance Sheet Notes

5 Creditors:

amounts falling due after more than one year

5
Creditors:
amounts falling due after more than one year
Other loans
6
Accruals and deferred income
Accruals
2023
£
150,000
150,000
2023
£
300
300
7
Reserves
Reserves
At 1 August 2022
Surplus for the period
At 31 July 2023
Income and
Expenditure
account
£
25,081
3,975
29,056

Page 6

The Redeemed Christian Church of God Detailed Income and Expenditure Account for the year ended 31 July 2023

Turnover
Cost of raw materials and consumables
Purchases
Depreciation and other amounts written off assets
Depreciation of fixtures, fittings and
equipment
Other charges
Selling and marketing costs
Exhibitions and promotions
Motor and travel costs
Vehicles - Fuel
Premises costs
Rent
Premises repairs and maintenance
Use of home as office
General administrative costs
General insurances
Stationery and printing
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional costs
Total Other charges
Surplus before tax for the financial year
2023
£
110,653
24,915
24,915
424
424
81,339
6,391
6,391
2,075
2,075
17,659
46,954
960
65,573
659
1,027
1,047
2,733
300
4,267
4,567
81,339
3,975

Page 7