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2022-03-31-accounts

12691937

THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH FINANCIAL STATEMENT FOR THE YEAR ENDED 30-06-2022

1

THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-06-2022

DIRECTORS

RUFUS ADEKUNLE ADEKOLA NATHANIEL AYOADE OGUNDIPE OLUBOLA AYODELE TALABI

REGISTERED OFFICE

ST JAMES’S HOUSE SUITE 12, 6TH FLOOR PENDLETON WAY SALFORD ENGLAND M6 5FW

REGISTERTED NUMBER

12691937

ACCOUNTANTS

ALI & CO 450 CHEETHAM HILL ROAD CHEETHAM HILL MANCHESTER M8 9LE

THE REDEEMED CHRISTIAN CHt)RCH OF GOD MANIFEST CHURCH YEAR ENDED 31k0&2022 DIRECTORS REPORT FOR THE YEAR ENDED 304)&2022. The directors present their [q￿rt and the accounts for the year ended 31M16-2022 PRINCIPAL ACTivrtKES AND REVIEW OF BUSINESS The Company's principal activity are activities of r¢ll￿OuS organisatioDs The results for the year are set out on page 4. DIRECTORS During the year, peoplc that had interests in thc company's issued ordinary share capital were as follows.. GUARATEE 28-02-2022 RUFUS ADEKUNLE ADEKOLA NATHANIEL AYOADE OGUNDIPE OLUBOLA AYODELE TALABI 10 io io 30 This rep)rt was approved by the board on 3010612023 taking an advantsge of special provisions available to small companies. Signed n behalf of the bo d of directors. NATHA DlliECTOR OADE UNDIPE

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-06-2022

ACCOUNTANT’S REPORT TO THE DIRECTORS

The company’s directors are responsible for the preparation of the accounts, and they believe that the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. In accordance with your instructions we have compiled these un audited accounts in order to assist you to fulfil your statutory responsibilities from the accounting records and information supplied to us.

ALI & CO ACCOUNTANTS 450 CHEETHAM HILL ROAD CHEETHAM HILL MANCHESTER M8 9LE

Phone: (0161) 7954751 Fax: (0161) 7023685

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-06-2022

PROFIT AND LOSS ACCOUNT For the YEAR ENDED 30-06-2022

PROFIT AND LOSS ACCOUNT
For the YEAR ENDED 30-06-2022
2021
 2022
Notes
 £
 £
TURNOVER 1.2 29,037 64,110
Direct Costs 0 0
---------- -------------
Gross Profit 29,037 64,110
Administrative Expenses (39,024) (39,414)
----------- ------------
Operating Profit/(Loss) 3 (9,987) 24,696
Other Income 9,997 0
Interest receivable 0 0
Interest payable 4 0 0
----------- -----------
Profit/(Loss) on ordinary activities before taxation 10 24,696
Tax on Profit on ordinary activities 5 0 0
-----------
------------
Profit/(Loss) on ordinary activities after taxation 10 24,696
Dividends 6 0 0
----------- ----------
Retained Profit/(Loss) 10 24,696
Retained Profit/(Loss) brought forward 0 10
---------- ------------
Retained Profit/(Loss) carried forward 10 24,706
====== ======

There were no recognised gains and losses other than those recognised in the Profit and Loss account.

The notes on pages 6 to 9 from part of these accounts.

THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-Oftr2022 BALANCE SHEET TH At 30 JUNE 2022 2021 2022 Notes Fixed Assets Tangible Assets 5,320 1,285 CurreDt Assets Stock Debto Cash at Bank and in hand 4,386 19,976 4,386 19,976 Creditors: Amount falling due within one year Iyet Current As8ets l (Llabllfitles) io (5.661) (600) (1,275) 19,376 Total Assets less ciirrent liabilities Long tenn loan Deferred Tax (1,275) {24,696) Net Assets l (Liabilfities) 10 24.696 itsl and Reserves Call¢d up Slwe Capila) Profil and Loss Account io 24,696 Reservcs Capital io 24,696 For the ye4T ended 3￿42032 the ¢(xmw t¥Krtkd to 4X￿WIth1 477 (21 ofth com￿1¢8 Ad 211)6 t¢iptin8 to all compni¢s. Th¢ rocmb¢TS h&Yc Th)t rtquir¢d to L4)tsth •D ludit of its )w in in 3cc11￿47O. The directors ￿knoWledgeth￿rIes1￿ITh11[ry 11 the •y kccps aC¢th¢smJll CWIES. rwirt. NATHA DIRFCTOK UNDIPE

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-06-2022

NOTES TO THE ACCOUNTS

For the YEAR ENDED 30-06-2022

1. Accounting policies

Basis of preparation of accounts

The accounts are prepared under the historical cost convention and incorporate the results of the principal activity which is described in the director’s report and which is continuing. The company has taken advantage of the exemption in Financial Reporting Standard for Small Entities (effective January 2005).

1.2 Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided using the reducing method of the category of tangible assets existing.

Fixture, fitting and equipment 20%

1.4 Stock and work in progress

Stock and work in progress are valued at the lower of cost and net realisable value making due allowance for obsolete and slow moving stocks.

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-06-2022

NOTES TO THE ACCOUNTS

For the YEAR ENDED 30-06-2022

2. Turnover

The whole of the turnover and profit before taxation is attributable to the one principal activity of the company.

3. Operating Profit

**4. ** The operating profit is stated after charging:
Depreciation of tangible fixed assets
Interest payable
On bank loans, overdrafts
Repayable within 5 years, not by instalments		 2022
£

1168
2022

£
0

5. Taxation

The company has no liability to Corporation Tax.

Dividends

No dividend paid during the year.

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-06-2022

NOTES TO THE ACCOUNTS

For the YEAR ENDED 30-06-2022

7. Tangible fixed assets

7. Tangible fixed assets
Fixture/Fittings Total
£ £
Cost
At 23-06-2020 1,566
 1,566
Additions
 5203
 5,203
Disposal 0
 0
---------- ----------
At 30-06-2021 6,769 6,769
===== ======
Depreciation
At 23-06-2020 281 281
Charge for the year 1168 1168
---------- ------------
At 30-06-2021 1449 1,149
====== ======
Net Book Values
At 30-06-2021 5,320
 5,320
====== ======
8. Stock 2022
£
Stock 0
9. Debtors
 2022
Due within one year
Debtors, prepayments and accrued income
0

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH YEAR ENDED 30-06-2022

NOTES TO THE ACCOUNTS

For the YEAR ENDED 30-06-2022

  1. Creditors: amount falling due within one year
11.
12.
13.		 Total Creditors
Deferred taxation
Not Provided for 2021
Called up share capital
Authorised
Ordinary shares of £0 each
Allotted
Ordinary shares of £0 each
Reconciliation of movement of shareholders funds
Profit/Loss for the year
Dividend paid
Shareholders funds at 01-07-2021

Shareholders funds at 30-06-2022		 2022

£
5,661
2022
£
0
0
2022
£
24,696
0
-----------
24,696
10
----------
24,706
======

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH TRADING, PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 30-06-2022











£
£
GROSS INCOME
64,110
EXPENSES
PREMISES COST
12,000
SUBCONTRCTORS 6,488
SUBSCRPTIONS 533
REPAIRS & RENEWALS 340
GIFTS 3,324
SUNDRIES 1,370
POSTAGE, STATIONERY & ADVERTISING 3,301
LEGAL & PROFESSIONAL FESS 600
DEPRECIATION 1,168
ADMINISTRATION EXPENSE
952
PHONE 2,072
FOOD AND REFRESHNMENTS 6,217
WORK WEAR
300
OTHER SERVICES
749
----------
(39,414)
-------------
24,696
========

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THE REDEEMED CHRISTIAN CHURCH OF GOD MANIFEST CHURCH TAX COMPUTATION FOR THE YEAR ENDED 30-06-2022

TAX COMPUTATION

£ £
NET INCOME AS PER ACCOUNT 24,696
ADD: DEPRECIATION 1,168 1,168
--------- ---------
25,864
LESS: CAPITAL ALLOWANCE (1,168)
------------
NET PROFIT FOR THE YEAR 24,696
======

CAPITAL ALLOWANCE

Fixture/Fittings/Equipments

ALLOWANCE

W.D.V B.FWD 1,285
W.D.V. 5,203
ADDITIONS -----------
6,488
W.D.A (FYA) (1,168)
1,168
---------
W.D.V C/FWD 5,320
=====