**Company Registration No. 09429824 (England and Wales)**
**HALLELUYAH GATE MINISTRIES LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2021**
## **HALLELUYAH GATE MINISTRIES LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Company information|3|
|Directors' report|4|
|Accountants' report|5|
|Income statement|6|
|Statement of financial position|7|
|Notes to the accounts|8|
|Detailed profit and loss account|10|
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**HALLELUYAH GATE MINISTRIES LTD COMPANY INFORMATION FOR THE YEAR ENDED 28 FEBRUARY 2021**
## **Directors**
**Company Number**
**Registered Office**
## **Accountants**
DONATUS OKORO OMONIYI ISAAC SHOKUNBI OLUSOLA OBASA EKWULIRA E ENEANYA-BONITO ANTHONY IKEMEFUNA 09429824 (England and Wales) 28 STEVEN CLOSE CHATHAM KENT ME4 5NG ENGLAND PAUL VICTORIA & CO 2ND FLOOR 134 SOUTH STREET ROMFORD ESSEX RM1 1TE
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## **HALLELUYAH GATE MINISTRIES LTD (COMPANY NO: 09429824 ENGLAND AND WALES) DIRECTORS' REPORT**
The directors present their report and accounts for the year ended 28 February 2021.
## **Directors**
The following directors held office during the whole of the period:
DONATUS OKORO OMONIYI ISAAC SHOKUNBI OLUSOLA OBASA EKWULIRA E ENEANYA-BONITO ANTHONY IKEMEFUNA
## **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
............................................................................
DONATUS OKORO Director
Approved by the board on: 26 May 2021
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## **CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF HALLELUYAH GATE MINISTRIES LTD FOR THE YEAR ENDED 28 FEBRUARY 2021**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HALLELUYAH GATE MINISTRIES LTD for the year ended 28 February 2021 as set out on pages 6 - 9 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
PAUL VICTORIA & CO Chartered Certified Accountants
2ND FLOOR 134 SOUTH STREET ROMFORD ESSEX RM1 1TE
26 May 2021
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**HALLELUYAH GATE MINISTRIES LTD INCOME STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2021**
|**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
Other operating income
**Operating loss**
**Loss on ordinary activities before taxation**
Tax on loss on ordinary activities
**Loss for the financial year**|**2021**
**£**
67,716
(387)
67,329
(87,518)
17,164
(3,025)
(3,025)
-
(3,025)|**2020**
**£**
50,279
-|
|---|---|---|
|||50,279
(56,593)
-|
|||(6,314)|
|||(6,314)
-|
|||(6,314)|
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## **HALLELUYAH GATE MINISTRIES LTD STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2021**
|**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Debtors
5
Cash at bank and in hand
**Creditors: amounts falling due within one year**
6
**Net current assets/(liabilities)**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
7
**Net liabilities**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2021**
**£**
12,274
2,694
49,108
51,802
(17,600)
34,202
46,476
(62,697)
(16,221)
(16,221)
(16,221)|**2020**
**£**
16,547
2,694
960|
|---|---|---|
|||3,654
(20,700)|
|||(17,046)|
|||(499)
(12,697)|
|||(13,196)|
|||(13,196)|
|||(13,196)|
For the year ending 28 February 2021 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 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 of Directors and authorised for issue on 26 May 2021 and were signed on its behalf by
DONATUS OKORO Director
Company Registration No. 09429824
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**HALLELUYAH GATE MINISTRIES LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2021**
## **1 Statutory information**
HALLELUYAH GATE MINISTRIES LTD is a private company, limited by shares, registered in England and Wales, registration number 09429824. The registered office is 28 STEVEN CLOSE, CHATHAM, KENT, ME4 5NG, 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**
**Tangible fixed assets**
**Cost or valuation**
At 1 March 2020
At 28 February 2021
**Depreciation**
At 1 March 2020
Charge for the year
At 28 February 2021
**Net book value**
At 28 February 2021
At 28 February 2020
**5**
**Debtors: amounts falling due within one year**
**2021**
**£**
Other debtors
2,694|**Plant &**
**machinery**
**£**
At cost
21,093|
|---|---|
||21,093|
||4,546
4,273|
||8,819|
||12,274|
||16,547|
||**2020**
**£**
2,694|
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## **HALLELUYAH GATE MINISTRIES LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2021**
|**6**
**Creditors: amounts falling due within one year**
Other creditors
**7**
**Creditors: amounts falling due after more than one year**
Bank loans
Other creditors|**2021**
**£**
17,600
**2021**
**£**
50,000
12,697
62,697|**2020**
**£**
20,700|
|---|---|---|
|||**2020**
**£**
-
12,697|
|||12,697|
## **8 Average number of employees**
During the year the average number of employees was 1 (2020: 1).
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## **HALLELUYAH GATE MINISTRIES LTD DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2021**
This schedule does not form part of the statutory accounts.
|**Turnover**
Sales
**Cost of sales**
Purchases
**Gross profit**
**Administrative expenses**
Wages and salaries
Pensions
Employer's NI
Staff training and welfare
Travel and subsistence
Motor expenses
Rent
Light and heat
Internet
Stationery and printing
Subscriptions
Bank charges
Equipment expensed
Repairs and maintenance
Depreciation
Sundry expenses
Accountancy fees
Other legal and professional
**Other operating income**
Government grants
**Operating loss**
**Loss on ordinary activities before taxation**|**2021**
**£**
67,716
387
67,329
17,100
1,320
1,578
11,830
5,249
473
34,440
873
-
-
458
415
4,539
3,970
4,273
-
400
600
87,518
17,164
(3,025)
(3,025)|**2020**
**£**
50,279|
|---|---|---|
|||-|
|||50,279|
|||15,950
360
1,342
-
-
2,400
29,930
460
35
100
-
75
398
420
4,273
450
200
200|
|||56,593|
|||-|
|||(6,314)|
|||(6,314)|
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