**Company Registration No. 12190747 (England and Wales)**
**OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Company information|3|
|Director's report|4|
|Accountants' report|5|
|Income statement|6|
|Statement of financial position|7|
|Notes to the accounts|8|
|Detailed profit and loss account|10|
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## **OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION COMPANY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **Director**
**Company Number**
**Registered Office**
## **Accountants**
Rev Fr Nicolae Capitanu
12190747 (England and Wales)
77 MOUNT PLEASANT ROAD LONDON NW10 3EH Westridge Accountants Ltd www.westridgeaccountants.co.uk
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## **OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION (COMPANY NO: 12190747 ENGLAND AND WALES) DIRECTOR'S REPORT**
The director presents his report and accounts for the year ended 30 September 2023.
## **Directors**
Rev Fr Nicolae Capitanu held office during the whole of the period.
## **Statement of directors' responsibilities**
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small company provisions**
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Rev Fr Nicolae Capitanu Director
Approved by the board on: 8 June 2024
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## **OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION ACCOUNTANTS' REPORT**
## **Accountants' report to the director of OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION (the company)**
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 September 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 September 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
## Westridge Accountants Ltd
www.westridgeaccountants.co.uk
9 June 2024
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**OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2023**
|Administrative expenses
Other operating income
**Operating profit**
**Profit on ordinary activities before taxation**
Tax on profit on ordinary activities
**Profit for the financial year**|**2023**
**£**
(30,120)
61,006
30,886
30,886
-
30,886|**2022**
**£**
(25,008)
66,853|
|---|---|---|
|||41,845|
|||41,845
-|
|||41,845|
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## **OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2023**
|**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Debtors
5
Cash at bank and in hand
**Creditors: amounts falling due within one year**
6
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
7
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2023**
**£**
450,000
1,237
84
1,321
(199)
1,122
451,122
(383,880)
67,242
67,242
67,242|**2022**
**£**
450,000
101
2,255|
|---|---|---|
|||2,356
-|
|||2,356|
|||452,356
(416,000)|
|||36,356|
|||36,356|
|||36,356|
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board and authorised for issue on 8 June 2024 and were signed on its behalf by
Rev Fr Nicolae Capitanu Director
Company Registration No. 12190747
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**OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
## **1 Statutory information**
OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION is a private company, limited by shares, registered in England and Wales, registration number 12190747. The registered office is 77 MOUNT PLEASANT ROAD, LONDON, NW10 3EH.
## **2 Compliance with accounting standards**
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Tangible fixed assets and depreciation**_
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
|**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 October 2022
At 30 September 2023
**Depreciation**
At 30 September 2023
**Net book value**
At 30 September 2023
At 30 September 2022
**5**
**Debtors**
**Amounts falling due after more than one year**
Other debtors
**6**
**Creditors: amounts falling due within one year**
Taxes and social security|**2023**
**£**
1,237
**2023**
**£**
199|**Land &**
**buildings**
**£**
At cost
450,000|
|---|---|---|
|||450,000|
||||
|||-|
|||450,000|
|||450,000|
|||**2022**
**£**
101|
|||**2022**
**£**
-|
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## **OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023**
|**7**|**Creditors: amounts falling due after more than one year**|**2023**|**2022**|
|---|---|---|---|
|||**£**|**£**|
||Bank loans|383,880|416,000|
## **8 Average number of employees**
During the year the average number of employees was 2 (2022: 2).
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## **OLD CALENDAR ORTHODOX CHURCH OF ANNUNCIATION DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2023**
This schedule does not form part of the statutory accounts.
|This schedule does not form part of the statutory accounts.|||
|---|---|---|
|**Administrative expenses**
Wages and salaries
Travel and subsistence
Rates
Light and heat
Cleaning
Telephone and fax
Stationery and printing
Bank charges
Software
Repairs and maintenance
Donations
Sundry expenses
Accountancy fees
**Other operating income**
Other operating income
**Operating profit**
**Profit on ordinary activities before taxation**|**2023**
**£**
12,700
2,089
2,920
2,347
979
416
141
15
586
1,328
-
5,699
900
30,120
61,006
30,886
30,886|**2022**
**£**
7,200
289
463
3,917
273
272
-
-
416
4,017
750
6,611
800|
|||25,008|
|||66,853|
|||41,845|
|||41,845|
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