TRUSTEES ANNUAL REPORT AND ACCOUNTS
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30/12/2022
| 2022 | ||
|---|---|---|
| £ | ||
| TURNOVER | 3480 | |
| Cost of Sales | (350) | |
| GROSS PROFIT | 3130 | |
| ADMINISTRATIVE EXPENSES | (1550) | |
| OPERATING PROFIT | 1580 | |
| Profit on ordinary activities before taxation | 1580 | |
| Tax on profit on ordinaries activities | - | |
| Profit for the financial year | 1580 | |
| Current assets | Notes | 2022 |
| Debtors | 4 | 100 |
| Cash at bank and in hand | 550 | |
| Net current assets | 650 | |
| Total assets less current liabilities | 650 | |
| Net assets | 930 | |
| Capital and Reserves | ||
| Profit and loss account | 1580 | |
| Shareholders’ funds | 1580 |
For the year ending 30 December 2022, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The trustees have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their 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 provision 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 and were signed on its behalf by
THETHE MUEKA Chairwoman
SIGNED THETHE MUEKA
1. Statutory information
Divine Justice Church is a charity incorporated in England and Wales, Registration number 1193839at the following address: The Golden Goose/ 146-148 Camberwell New Road/ London SE5 0RR
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 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. Preparation Currency
The accounts are prepared in £ Sterling
| 4.Debtors | 2022 |
|---|---|
| £ | |
| Amount falling due within one year | |
| Others debtors | 100 |
| 5. Creditors: amount falling due within one year | |
| Bank loans and overdrafts | (200) |
| Trade creditors | 200 |
| 6.Creditors: amount falling due after more than one year | |
| Other creditors | (930) |
| 7.Average number of employees | |
| During the year the average number of volunteers were 2 | |
| 2022 | |
| Turnover | 3480 |
| Cost of sales | 350 |
| Gross Profit | 3130 |
| Administrative expenses | |
| Travel and subsistence | 202 |
| Light and Heat | 55 |
| Cleaning | 50 |
| Telephone and Fax | 360 |
| Postage | 55 |
| Information and Publications | 50 |
| Equipment expensed | 200 |
| Repairs and Maintenance | 100 |
| Donations | 125 |
| Sundry expenses | 53 |
| Accountancy fees | 300 |
| (1550) | |
| Operating Profit | 1580 |
| Profit on ordinary activities before taxation | 1580 |