Registered number: 06619498
**MEISTAD EDEN CHURCH DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022**
RITMORRIS & CO FCCA
## **Meistad Eden Church Director's Report and Financial Statements For The Year Ended 30 June 2022**
## **Contents**
||**Page**|
|---|---|
|Company Information|1|
|Director's Report|2|
|Accountant's Report|3|
|Income and Expenditure Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6—7|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|8|
**Meistad Eden Church Company Information For The Year Ended 30 June 2022**
**Director** Mr Kouame Didier **Company Number** 06619498 **Registered Office** 63 Deering House London Tudway Road London SE3 9FG **Accountants** RITMORRIS & CO FCCA
Page 1
## **Meistad Eden Church Company No. 06619498 Director's Report For The Year Ended 30 June 2022**
The director presents his report and the financial statements for the year ended 30 June 2022.
## **Statement of Director's Responsibilities**
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is 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 financial statements comply with the Companies Act 2006. He is 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.
## **Directors**
The director who held office during the year were as follows:
Mr Kouame Didier
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Kouame Didier
Director
12/01/2023
Page 2
**Meistad Eden Church Accountant's Report For The Year Ended 30 June 2022**
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 30 June 2022 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. 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 financial statements.
Signed
24/02/2023
RITMORRIS & CO FCCA
Page 3
## **Meistad Eden Church Income and Expenditure Account For The Year Ended 30 June 2022**
|**Notes**
**TURNOVER**
**GROSS SURPLUS**
Administrative expenses
**OPERATING SURPLUS**
Other interest receivable and similar income
**SURPLUS FOR THE FINANCIAL YEAR**|**2022**
**£**
62,336
62,336
(55,904)
6,432
6
6,438|**2021**
**£**
64,517|
|---|---|---|
|||64,517
(42,270)|
|||22,247
-|
|||22,247|
The notes on pages 6 to 7 form part of these financial statements.
Page 4
## **Meistad Eden Church Balance Sheet As at 30 June 2022**
|**FIXED ASSETS**
**Notes**
Tangible Assets
**3**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**4**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2022**
**£**
**£**
471
471
97,391
97,391
(4,029)
93,833
93,362
93,833
93,833
93,833|**2022**
**£**
**£**
471
471
97,391
97,391
(4,029)
93,833
93,362
93,833
93,833
93,833|**2021**
**£**
**£**
628
628
91,762
91,762
(4,995)
87,395
86,767
87,395
87,395
87,395|**2021**
**£**
**£**
628
628
91,762
91,762
(4,995)
87,395
86,767
87,395
87,395
87,395|
|---|---|---|---|---|
|||471
93,362||628
86,767|
||97,391
(4,029)||91,762
(4,995)||
||||||
|||93,833||87,395|
|||93,833||87,395|
|||93,833||87,395|
|||93,833||87,395|
For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
On behalf of the board
Mr Kouame Didier
Director
12/01/2023
The notes on pages 6 to 7 form part of these financial statements.
Page 5
**Meistad Eden Church Notes to the Financial Statements For The Year Ended 30 June 2022**
## 1. **Accounting Policies**
## 1.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
## 1.2. **Turnover**
Turnover is measured at the fair value of the donationation received or receivable, net of discounts. Turnover includes tithes & offerings from the members of the church.
## **Rendering of services**
Turnover is only recognised to the extent of recoverable expenses when the outcome of a donation cannot be estimated reliably.
## 1.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings
25% Reducing balance
## 2. **Average Number of Employees**
Average number of employees, including directors, during the year was as follows: 1 (2021: 1)
## 3. **Tangible Assets**
|**Cost**
As at 1 July 2021
As at 30 June 2022
**Depreciation**
As at 1 July 2021
Provided during the period
As at 30 June 2022
**Net Book Value**
As at 30 June 2022
As at 1 July 2021|**Fixtures &**
**Fittings**
**£**
7,606|
|---|---|
||7,606|
||6,978
157|
||7,135|
||471|
||628|
## 4. **Creditors: Amounts Falling Due Within One Year**
|Trade creditors
Other taxes and social security
Net wages
Other creditors - pension
Accruals and deferred income|**2022**
**£**
-
50
2,224
55
1,700
4,029|**2021**
**£**
(1)
133
3,213
-
1,650|
|---|---|---|
|||4,995|
Page 6
## **Meistad Eden Church Notes to the Financial Statements (continued) For The Year Ended 30 June 2022**
## 5. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
## 6. **General Information**
Meistad Eden Church is a private company, limited by guarantee, incorporated in England & Wales, registered number 06619498. The registered office is 63 Deering House London, Tudway Road, London, SE3 9FG.
Page 7
## **Meistad Eden Church Detailed Income and Expenditure Account For The Year Ended 30 June 2022**
|**TURNOVER**
Tithes & Offerings
**GROSS SURPLUS**
**Administrative Expenses**
Directors' salaries
Directors' pension - defined contribution schemes
Employers NI
Staff training
Motor, travel and subsistence expenses
Hall Rentals
Hire and leasing of motor vehicles
Vehicle repair costs
Computer software, consumables and maintenance
Insurance
Printing, postage and stationery
Storage
Accountancy fees
Professional fees
Honoraria
Mission & Evangelism
AOG Annual Contribution
Instrumentalist costs
Bank charges
Charitable donations
Depreciation
Sundry expenses
**OPERATING SURPLUS**
**Other interest receivable and similar income**
Bank interest receivable
**SURPLUS FOR THE FINANCIAL YEAR**|**2022**
**£**
**£**
62,336
62,336
13,825
262
687
1,785
3,883
17,798
3,549
869
936
1,612
55
1,254
1,650
418
1,684
1,182
2,348
963
12
600
157
375
(55,904)|**2021**
**£**
**£**
64,517
64,517
13,825
643
699
1,140
5,209
5,395
4,224
-
1,057
1,410
109
-
1,650
286
1,900
1,502
2,836
-
30
-
209
146
(42,270)|
|---|---|---|
||6,432
6
6|22,247
-
-|
||6,438|22,247|
Page 8