Registered number 06406522
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING
Report and Accounts
31 October 2020
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Directors' report | 2 |
| Accountants' report | 3 |
| Profit and loss account | 4 |
| Balance sheet | 5 |
| Notes to the accounts | 6-7 |
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Company Information
Directors
Rev Joseph Sunday Alabi
Secretary
Evang Funmilayo Alabi
Accountants
Lemo Corporate 815 Old Kent Road LONDON SE15 1NX
Bankers
Abbey National
Registered office 170 Hurstwood Avenue Kent DA8 3QA
Registered number 06406522
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Registered number: 06406522 Trustee's Report
The directors present their report and accounts for the year ended 31 October 2020.
Principal activities
The company's principal activity during the year continued to be Proclaiming the Gospel according to the doctorine of JESUS CHRIST.
Directors
The following persons served as directors during the year:
Rev Joseph S.Alabi
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 16 July 2021 and signed on its behalf.
Rev Joseph Sunday Alabi Trustee
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING
Accountants' Report
Accountants' report to the directors of CHRIST APOSTOLIC CHURCH - MOUNT BLESSING
You consider that the company is exempt from an audit for the year ended 31 October 2020. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Lemo Corporate Chartered Certified Accountants
815 Old Kent Road LONDON SE15 1NX
16 July 2021
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Profit and Loss Account for the year ended 31 October 2020
| Notes Turnover Administrative expenses Operating loss 2 Loss on ordinary activities before taxation Tax on loss on ordinary activities 3 Loss for the financial year |
2020 2019 £ £ 35,977 39,064 (45,073) (44,485) (9,096) (5,421) (9,096) (5,421) - - (9,096) (5,421) |
|---|---|
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Balance Sheet as at 31 October 2020
| Notes Fixed assets Tangible assets 4 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current (liabilities)/assets Net (liabilities)/assets Capital and reserves Profit and loss account 6 Shareholders' funds |
2020 2019 £ £ 326 447 1,025 6,121 (6,490) (2,611) (5,465) 3,510 (5,139) 3,957 (5,139) 3,957 (5,139) 3,957 |
|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that members have not required the company to obtain an audit in accordance with section 476 of the Act.
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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Rev Joseph Sunday Alabi Trustee Approved by the board on 16 July 2021
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Notes to the Accounts
for the year ended 31 October 2020
1 Accounting policies
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Musical equipment 25% straight line Motor vehicles 25% straight line
- 2 Operating profit
£
This is stated after charging:
| Depreciation of owned fixed assets Taxation UK corporation tax |
121 2020 2019 £ £ - - |
|---|---|
3 Taxation
4 Tangible fixed assets
| Cost At 1 November 2019 Additions At 31 October 2020 Depreciation At 1 November 2019 Charge for the year At 31 October 2020 Net book value At 31 October 2020 At 31 October 2019 5 Creditors: amounts falling due within one year Trade creditors Other creditors 6 Profit and loss account At 1 November 2019 Loss for the year At 31 October 2020 |
Plant and machinery etc £ 4,462 - 4,462 4,416 - 4,416 46 46 |
Motor vehicles Total £ £ 2,712 7,174 - - 2,712 7,174 2,311 6,727 121 121 2,432 6,848 280 326 401 447 £ £ 5,990 2,111 500 500 6,490 2,611 £ 3,957 (9,096) (5,139) |
|---|---|---|
6
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Notes to the Accounts for the year ended 31 October 2020
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Profit and Loss Account for the year ended 31 October 2020
for the information of the directors only
| Sales Administrative expenses Operating profit / Loss Profit before tax |
2020 2019 £ £ 35,977 39,064 (45,073) (44,485) (9,096) (5,421) (9,096) (5,421) |
|---|---|
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Schedule to the Profit and Loss Account for the year ended 31 October 2020
for the information of the directors only
| Sales Sales Administrative expenses Employee costs: Wages and salaries Premises costs: Rent Cleaning Telephone and fax Stationery and printing Evangelism Missionary Anniversary & Conventions Gifts & Donations Honorarium Depreciation Sundry expenses Legal and professional costs: Accountancy fees |
2020 2019 £ £ 35,977 39,064 9,600 9,530 9,600 9,530 27,400 27,357 - - 30,479 29,980 688 797 - - 1,567 1,428 1,318 1,279 - - - - - - 121 121 - - 4,494 4,475 500 500 500 500 45,073 44,485 |
|---|---|
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