**THE INFLUENCERS CHURCH** (PRIVATE LIMITED COMPANY BY GUARANTEE) **REPORT AND STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST MARCH 2022** ## **THE INFLUENCERS CHURCH REPORT AND STATEMENT OF FINANCIAL POSITION CONTENT** ||Pages:|| |---|---|---| |Company Information||3| |Directors’ report||4| |Statement of financial activities||5| |Statement of financial position||6| |Notes to the statement of financial activities||7| |Detailed statement of financial activities||8| 2 **THE INFLUENCERS CHURCH COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2022** **Directors:** Julius Adeiza Sulle Kingsley Okechukwu Alfred King Daniels Bala Linda Sulle **Company Number:** 10554199 (England and Wales) **Registered Office:** 9 Auburn Drive Urmston Manchester M41 9LF 3 ## **THE INFLUENCERS CHURCH COMPANY NO: 10554199 (ENGLAND AND WALES) DIRECTOR'S REPORT** The directors present their report and accounts for the year ended 31 March 2022. ## **Directors** The following directors held office during the whole of the period. Julius Adeiza Sulle Kingsley Okechukwu Alfred King Daniels Bala Linda Sulle ## **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 ............................................................................ Julius Adeiza Sulle Director Approved by the board on: 14 May 2022 4 ## **THE INFLUENCERS CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022** ||**2021**|**2022**| |---|---|---| ||**£**|**£**| |Income|36,130|47,814| |Operating Expenses|(9,546)|(27,179)| |Income on ordinary activities before
taxation|26,584
|20,635| |Taxation on income on ordinary activities|
-|-| |Income on ordinary activities after taxation|
**26,584**|**20,635**| 5 ## **THE INFLUENCERS CHURCH STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH 2022** |Fixed Assets
Prepayments and accrued income
Net current assets (liabilities)
Total assets less current liabilities
Total current assets (liabilities)
Reserves|**2021**
18,622
898
898
32,187
32,187
32,187|**2022**
17,517
1,398| |---|---|---| |||1,398| |||| |||48,355| |||| |||48,355| |||| |||48,355| - For the year ending 31 March 2022 the company was entitled to exemption 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 have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime. Approved by the Board on 14 May 2022 And signed on their behalf by: Julius Sulle, Director 6 **THE INFLUENCERS CHURCH NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022** ## **1. Statutory information** THE INFLUENCERS CHURCH is a company limited by guarantee, registered in England and Wales, registration number 10554199. The registered office is 9 AUBURN DRIVE, URMSTON, MANCHESTER, M41 9LF. ## **2. Compliance with accounting standards** The accounts have been prepared in accordance with the provisions of FRS 102, the reporting standard applicable in the United Kingdom and Republic Ireland. 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. ## **4. Income** Voluntary income is received by way of donations and gifts. It is shown in full in the Statement of Financial Activities, when received. Gifts in kind are valued at their estimated value and are included under the appropriate headings. Intangible Income is valued and included in income to the extent that it represents goods or services which would otherwise be purchased. Where it Is difficult or not possible to value the goods or services, such as volunteer time, the accounts do not Include them. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are received. ## **5. Tangible Fixed Assets Policy** Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipment is capitalised and depreciated at the rate of 25% per annum on the straight line basis. 7 ## **THE INFLUENCERS CHURCH NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022** |Cost
Depreciation Charge for the year
Net Book Value (NBV)|**2021**
**£**
22,183
3,560
18,623|**2022**
**£**
22,743
5,226| |---|---|---| |||17,517| ## **6. Payments to Directors** No payment or renumeration was made to the directors during the financial year. 8 ## **THE INFLUENCERS CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022** |
**Income**
Donations
Gift Aid
Other revenue
**Total Revenues**
**Expenses**
Honorarium
Advertising
Charges
Depreciation
Furniture and equipment
Insurance
Maintenance and repairs
Office supplies
Rent
Printing, Publication & Postage
Salaries and wages
Benevolence
Travel
Refreshment
Web hosting and domains
Storage
Subscriptions
Stationary
Internet
Loan
Photography
Other
**Total Expenses**
Net Income Before Taxes
Income tax expense
**Income from Continuing Operations**

**Net Income**|**2021**
**£**
27,732
0
8,398
**36,130**
300
0
43
3,561
0
351
0
0
1,589
87
98
633
152
0
1,113
549
877
192
0
0
0
0
**9,546**
26,584
0
**26,584**
**26,584**|**2022**
**£**
39,228
6,934
1,653| |---|---|---| |||**47,814**
0
0
14
5226
0
353
0
887
5004
333
84
695
1909
728
761
1755
1731
0
449
7000
250
0| |||**27,179**
20,635
0| |||**20,635**| |||**20,635**| 9