CHRISTIAN COMMUNICATIONS NETWORK (EUROPE) LIMITED STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Unrestricted funds funds 2024 2023 Notes Income and endowments from: Donations and legacies Investments Other income 2,895 60.052 6,250 24,701 57,332 7,692 Total income 69,197 89.725 endlture on: Charitable activities 159,184 182,368 Loss on disposal of investfflents 11 1,132 Total expendlture 160,316 182,368 Net expenditure for tho yearl Net movement in funds (91.1191 (92,643) Fund balances at 1 April 2023 1,480,133 1.572.776 Fund balancès at 31 March 2024 1.389,014 1,480.133 The statement of financial activities indudes all gains and losse5 recognised in the year. All income and expenditure derive from continuing activities. The slalement of financial adivities also (xjmplies with the quirementS for an income and expenditure account under the Companies Act 2006.
CHRISTIAN COMMUNICATIONS NETWORK (EUROPE) LIMITED BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Flxed assets Tangible assets Investment properties Investments 13 14 15 657,356 630,949 674,540 710,234 1,288.306 1,384,775 Current assets Stocks Debtors Cash at bank and in hand 16 17 504 22,910 82,689 508 24,579 76.884 106,103 101,971 Crèditors: amounts falling due wlthln onè year 18 (5.395) {6,613) Net current assets 100.708 95,358 Total assets less currènt liabilities 1.389.014 1,480,133
CHRISTIAN COMMUNICATIONS NETWORK (EUROPE) LIMITED BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024 2024 2023 Notes Income funds Unrestricted funds 1,389,014 1,480,133 1,389,014 1,480,133 The company is entltted to the exemption from tha audit requirement contaln8d in section 477 of the Companies Act 2006, for the year ended 31 MarGh 2024. No members hove required tha cornp8ny to obtain an audit of its fin8nclal staternents for the year In questlon in accordance wlth section 476 of the Companies Act 2006. The directors acknowledge their responsiblllttes for comptyin9 With the requirements of the Companies Act 2006 with respect to a¢counling records and the preparation of financial statements. The rnembers have not required the company to obtain an audit of Its financial stal8ments for the year In questlon in accordance with sedion 476. These financial stateTnents have been prepar8d in accordanc@ with the provislons applicable to companies subject to the small companies regime. The financial stat Dr C H Stewart Trustee Company Reolstratlon No. N1031262