Christ Apostolic Church New Life Sanctuary Ltd Company Limited by guarantee
Financial Accounts for the Year Ended 28[th] February 2019
W. J. Johnston & Company Certified Public Accountants
Christ Apostolic Church New Life Sanctuary Ltd Company Limited by guarantee
## CONTENTS
3. Report of the Directors
4. Balance Sheet
5. Profit & Loss Account
6. Accounting Policies
7. Trading, Profit and Loss Account
8. Independent Examiners Report
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Christ Apostolic Church New Life Sanctuary Ltd Company Limited by guarantee
Report of the Directors For The Year Ended 28[th] February 2019
The Directors present their annual report and the Accounts for the year ended 28[th] February 2019 in pursuance of the Companies Act 2006.
## **PRINCIPAL ACTIVITY**
The Company is engaged as: Church
## **RESULTS OF OPERATIONS & DIVIDENDS**
The net profit/(Loss) for the year was £ (113) The Directors recommend that this be added to the retained earnings at the beginning of the period and that the balance of £ (147) be carried forward.
All of the Directors retire at the Annual General Meeting and being eligible, offer themselves for re-election.
By order of the Board
________________________________ Secretary
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## Christ Apostolic Church New Life Sanctuary Ltd Company Limited by guarantee
## Balance Sheet As At 28[th] February 2019
|**Capital Employed**
Profit & Loss Account
(147)
------
-
(147)
====
**Represented By:**
**CURRENT ASSETS**
Nil
**CURRENT LIABILITIES**
Bank overdraft
147
-----
147
**NET CURRENT ASSETS/(Liabilities)**
(147)
------
-
**NET ASSETS**
(147)
====
=|2017
(34)
------
(34)
====
34
------
34
(34)
------
(34)
====|
|---|---|
4
## Christ Apostolic Church New Life Sanctuary Ltd Company Limited by guarantee
Profit & Loss Account For The Year Ended 28[th] February 2019
|Turnover
6678
Net Trading Profit/(Loss)
(113)
243
Net Profit/(Loss) Before Taxation
(113)
243
------
-------
Net Profit/(Loss) After Taxation
(113)
243
------
-------
(113)
243
Balance Brought Forward
(34)
(277)
------
--------
**Balance Carried Forward**
(147)
(34)
====
=====|2017
6413|
|---|---|
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Christ Apostolic Church New Life Sanctuary Ltd Company Limited by guarantee
Accounting Policies For The Year Ended 28[th] February 2019
The Accounts have been prepared under the following Accounting Policies, which, except where otherwise stated, are consistent with the previous year.
## **BASIS OF ACCOUNTING**
The Accounts have been prepared under the historical Cost Convention and in compliance with the Statements of Standard Accounting Practice.
## **TURNOVER**
Turnover represents the net value of goods / services supplied to customers.
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## Christ Apostolic Church New Life Sanctuary Ltd Company Limited by guarantee
Trading, Profit & Loss Account For The Year Ended 28[th] February 2019
|Turnover
6678
-------
**Gross Profit**
6678
**Deduct: EXPENDITURE**
Room Rental
3670
3140
Travel & Sustenance
341
304
Printing & Avertising
230
231
Instrumentalists
640
671
Repairs & Renewals
75
60
Phone
120
5
Computer Expenses
50
0
Gifts & Expenses for Visiting Guests
1215
1169
Contribution to National Convention
0
140
Accountancy Fees
300
300
General Expenses
150
150
-------
---------
6791
-------
--
**Net Profit/(Loss) For Year**
(113)
====
=|2018
6413
------
6413
6170
------
243
====|
|---|---|
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**Independent Examiner’s report to the charity trustees of Christ Apostolic Church New Life Sanctuary Ltd**
I report on the accounts of the Trust for the year ended 28[th] February 2019, which are set out on pages 4 - 7
## **Respective responsibilities of charity trustees and examiner**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
- examine the accounts under section 65 of the Charities Act
- follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s report**
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **Independent Examiner’s Statement**
I have completed my examination and have no concerns in respect of the matters 1-4 listed above and, in connection with following the directions of the Charity Commission for Northern Ireland I have found no matters that require drawing to your attention
## W J Johnston & Co
W J Johnston & Company Certified Public Accountants 190 Duncairn Gardens Belfast BT15 2GN
29[th] October 2019
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