**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

3 

**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 



4 

## **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<br>For the YEAR ENDED 30-06-2022||||
|---|---|---|---|
|||2021<br>|2022<br>|
||Notes<br>|£<br>|£|
|**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|
|||**-----------**|<br>**------------**|
|**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¢<Wti118Twd ¥rith St¢tiM 386..
2) py¢pArills F¥hi¢h gTV¢ aThJ fw'r virw of th¢ Mat¢of llff¥'r4 0(thE the of the finwKio) Iw ￿)d of its
pYofLI (* for th¢ y¢•r. w*th th¢ of J93. othuwitt ClrfDply with the
oftht CLY¥yawosAct Td•tsDKW sty far￿ is Dppkncabk w th¢crrfllp￿y.
AppToved by the boaTd (AJ 09ffj312023 •Dd si￿1 LKL its btbif. Thc%e IHv¢brth in •¢euthDce wjth th¢ SPEciaJ PTOVi$iOn8
applicable toto)wiÉg yubJ¢¢t tr>th¢smJll CWIES. rwirt.
NATHA
DIRFCTOK
UNDIPE

6 

**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:<br>Depreciation of tangible fixed assets<br> **Interest payable**<br>On bank loans, overdrafts<br>Repayable within 5 years, not by instalments|2022<br>  **£**<br> <br>1168<br>2022<br> <br> **£**<br>0|
|---|---|---|



## **5.    Taxation** 

The company has no liability to Corporation Tax. 

## **Dividends** 

No dividend paid during the year. 



8 

**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<br>|1,566|
||Additions<br>|5203<br>|5,203|
||Disposal|0<br>|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<br>|5,320|
|||======|======|
|8.|**Stock**||2022|
||||£|
||Stock||0|
|9.|**Debtors**<br>||2022<br>|
||Due within one year|||
||Debtors, prepayments and accrued income|<br>|0<br>|





9 

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

## NOTES TO THE ACCOUNTS 

For the YEAR ENDED 30-06-2022 

10. **Creditors: amount falling due within one year** 

|11.<br>12.<br>13.|Total Creditors<br>**Deferred taxation**<br>Not Provided for 2021<br>Called up share capital<br>**Authorised**<br>Ordinary shares of £0 each<br>**Allotted**<br>Ordinary shares of £0 each<br>**Reconciliation of movement of shareholders funds**<br>Profit/Loss for the year<br>Dividend paid<br>Shareholders funds at 01-07-2021<br> <br>Shareholders funds at 30-06-2022|2022<br> <br> **£**<br>5,661<br>2022<br> £<br>0<br>0<br> 2022<br> £<br>24,696<br>0<br>-----------<br>24,696<br>10<br>----------<br>24,706<br>======|
|---|---|---|





10 

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

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





11 

## **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)|<br>1,168|
||---------||
|W.D.V C/FWD|5,320||
||=====<br>||