Registered number 06406522
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING
Report and Accounts
31 October 2022
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 2022.
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 21 July 2023 and signed on its behalf.
Joseph Alabi
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 2022. 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
21 July 2023
3
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Profit and Loss Account for the year ended 31 October 2022
| Notes Turnover Administrative expenses Operating profit/(loss) 2 Profit/(loss) on ordinary activities before taxation Tax on profit/(loss) on ordinary activities 3 Profit/(loss) for the financial year |
2022 2021 £ £ 37,386 36,094 (34,444) (39,444) 2,942 (3,350) 2,942 (3,350) - - 2,942 (3,350) |
|---|---|
4
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Balance Sheet as at 31 October 2022
| Notes Fixed assets Tangible assets 3 Current assets Debtors Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net liabilities Capital and reserves Profit and loss account 4 Shareholders' funds |
3,602 5,805 |
2022 2021 £ £ 46 205 3,602 2,704 6,306 - 9,407 6,306 9,453 6,511 (15,000) (15,000) (5,547) (8,489) (5,547) (8,489) (5,547) (8,489) |
|---|---|---|
| 9,407 - |
||
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.
Joseph Alabi
Rev Joseph Sunday Alabi Trustee Approved by the board on 21 July 2023
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Notes to the Accounts
for the year ended 31 October 2022
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.
| estimated useful lives. | ||
|---|---|---|
| Musical equipment | 25% straight line | |
| Motor vehicles | 25% straight line | |
| Operating profit | £ |
2 Operating profit This is stated after charging: Depreciation of owned fixed assets 159
- 3 Tangible fixed assets
| Cost At 1 November 2021 Additions At 31 October 2022 Depreciation At 1 November 2021 Charge for the year At 31 October 2022 Net book value At 31 October 2022 At 31 October 2021 4 Profit and loss account At 1 November 2021 Profit/(loss) for the year At 31 October 2022 5 Unrestricted Funds At 1 November 2021 Net Incoming Fund At 31 October 2022 |
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 2,553 6,969 159 159 2,712 7,128 - 46 159 205 £ £ (8,489) (5,139) 2,942 (3,350) (5,547) (8,489) £ £ (8,489) (5,139) 2,942 (3,350) (5,547) (8,489) |
|---|---|---|
6
CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Profit and Loss Account for the year ended 31 October 2022
for the information of the directors only
| Sales Administrative expenses Operating profit / Loss Profit before tax |
2022 2021 £ £ 37,386 36,094 (34,444) (39,444) 2,942 (3,350) 2,942 (3,350) |
|---|---|
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CHRIST APOSTOLIC CHURCH - MOUNT BLESSING Schedule to the Profit and Loss Account for the year ended 31 October 2022
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: |
2022 2021 £ £ 37,386 36,094 12,000 10,800 15,626 13,385 14,300 22,000 - - 14,300 23,550 560 442 - 44 3,197 1,478 602 424 - - - - - - 159 121 - - 4,518 2,509 34,444 39,444 |
|---|---|
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