Registered number ## RHEMA THEOLOGICAL COLLEGE UK Report and Accounts 31 December 2024 ## **RHEMA THEOLOGICAL COLLEGE UK Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Directors' report|1| |Accountants' report|2| |Profit and loss account|2| |Balance sheet|3| |Statement of changes in equity|4| |Notes to the accounts|5| ## **RHEMA THEOLOGICAL COLLEGE UK Company Information** ## **Directors** THEOPHILUS OLUWASEGUN AKANO ABIODUN AMUSAT AJBOYE AYODEJI WINJOBI ## **Accountants** SAM & CO 300 PLATE LANE FALLOWFIELD MANCHESTER LANCASHIRE M14 7BZ ## **Registered office** 34 CHATLEY STREET MANCHESTER LANCASHIRE M3 1HX ## **Registered number** 1 ## **RHEMA THEOLOGICAL COLLEGE UK Registered number: Directors' Report** The directors present their report and accounts for the year ended 31 December 2024. ## **Principal activities** The company's principal activity during the year continued to be Church services provided. ## **Directors** The following persons served as directors during the year: THEOPHILUS OLUWASEGUN AKANO AJIKE ALLI AMEH ABIODUN AMUSAT OLUBUKOLA ELIZABETH OLUGBODI AJBOYE AYODEJI WINJOBI ## **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 25 November 2025 and signed on its behalf. THEOPHILUS OLUWASEGUN AKANO Director 2 ## **RHEMA THEOLOGICAL COLLEGE UK** ## **Report to the directors on the preparation of the unaudited statutory accounts of RHEMA THEOLOGICAL COLLEGE UK for the year ended 31 December 2024** In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RHEMA THEOLOGICAL COLLEGE UK for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes 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 http://rulebook.accaglobal.com/ Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. SAM & CO INCORPORATED FINANCIAL ACCOUNTANTS 300 PLATE LANE FALLOWFIELD MANCHESTER LANCASHIRE M14 7BZ 25 November 2025 3 ## **RHEMA THEOLOGICAL COLLEGE UK** ## **Profit and Loss Account** ## **for the year ended 31 December 2024** |**Turnover**
Administrative expenses
**Operating loss**
**Loss before taxation**
Tax on loss
**Loss for the financial year**|**2024**
**£**
5,867
(6,550)
(683)
(683)
-
(683)| |---|---| 4 ## **RHEMA THEOLOGICAL COLLEGE UK** ## **Registered number: Balance Sheet as at 31 December 2024** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
4
**Net assets/(liabilities)**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|-|**2024**
**£**
-
-
-
483
483
(683)
(683)| |---|---|---| 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. The 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. THEOPHILUS OLUWASEGUN AKANO Director Approved by the board on 25 November 2025 5 ## **RHEMA THEOLOGICAL COLLEGE UK** ## **Detailed profit and loss account for the year ended 31 December 2024** _This schedule does not form part of the statutory accounts_ |**Sales**
Administrative expenses
**Operating loss**
**Loss before tax**|**2024**
**£**
5,867
(6,550)
(683)
(683)| |---|---| 6 ## **RHEMA THEOLOGICAL COLLEGE UK Detailed profit and loss account for the year ended 31 December 2024** _This schedule does not form part of the statutory accounts_ |**Sales**
Sales
**Administrative expenses**
Premises costs:
Rent
Light and heat
Cleaning
General administrative expenses:
Telephone and fax
Stationery and printing
Depreciation
Legal and professional costs:
Accountancy fees|**2024**
**£**
5,867
3,500
630
240
4,370
480
1,600
-
2,080
100
100
6,550| |---|---| 7