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 1 ## **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 2 ## **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 5 **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)| |---|---| 7 ## **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| |---|---| 8