GOSPEL LINK 360 C.I.C

Company limited by guarantee

Company Registration Number:
07071932 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2021

Period of accounts

Start date: 1 December 2020

End date: 30 November 2021

GOSPEL LINK 360 C.I.C

Contents of the Financial Statements

for the Period Ended 30 November 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

GOSPEL LINK 360 C.I.C

Directors' report period ended 30 November 2021

The directors present their report with the financial statements of the company for the period ended 30 November 2021

Principal activities of the company

The company's principal activity during the year continued to be media marketing



Directors

The directors shown below have held office during the whole of the period from
1 December 2020 to 30 November 2021

Geraldine Moore
Renee Graham
Adrian Howe
Lydia Gregory
Mrs Lurline gregory
Roger Moore
Davinia Moore
Stephen Daniel


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
21 August 2022

And signed on behalf of the board by:
Name: Roger Moore
Status: Director

GOSPEL LINK 360 C.I.C

Profit And Loss Account

for the Period Ended 30 November 2021

2021 2020


£

£
Turnover: 7,400 7,743
Cost of sales: ( 40,252 ) ( 21,454 )
Gross profit(or loss): (32,852) (13,711)
Distribution costs: 0 0
Administrative expenses: ( 8,604 ) ( 6,802 )
Other operating income: 41,020 20,931
Operating profit(or loss): (436) 418
Interest receivable and similar income: 0 3
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (436) 421
Tax: 0 0
Profit(or loss) for the financial year: (436) 421

GOSPEL LINK 360 C.I.C

Balance sheet

As at 30 November 2021

Notes 2021 2020


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,004 3,758
Investments:   0 0
Total fixed assets: 3,004 3,758
Current assets
Stocks:   0 0
Debtors: 4 150 700
Cash at bank and in hand: 25,131 6,523
Investments:   0 0
Total current assets: 25,281 7,223
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 25,847 ) ( 8,033 )
Net current assets (liabilities): (566) (810)
Total assets less current liabilities: 2,438 2,948
Creditors: amounts falling due after more than one year: 6 ( 4,944 ) ( 4,944 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (2,506) (1,996)
Members' funds
Profit and loss account: (2,506) ( 1,996)
Total members' funds: ( 2,506) (1,996)

The notes form part of these financial statements

GOSPEL LINK 360 C.I.C

Balance sheet statements

For the year ending 30 November 2021 the company was entitled to exemption 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 directors 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 August 2022
and signed on behalf of the board by:

Name: Roger Moore
Status: Director

The notes form part of these financial statements

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes grant income, revenue earned from the sale of goods and from the rendering of services.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Plant and machinery over 5 yearsFixtures, fittings, tools and equipment over 5 years

    Other accounting policies

    DebtorsShort term debtors are amounts due from customers at the year endCreditorsCreditors represent deferred grant income, accounting fee accrual 2021 and amount due to directorTaxationNo corporation tax is due for the year.ProvisionsProvision has been made for Accounting fees 2020/2021.Foreign currency translationTransactions in foreign currencies are recognised at the rate of exchange ruling at the date of the transaction.

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 2 2

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2020 30,374 30,374
Additions
Disposals
Revaluations
Transfers
At 30 November 2021 30,374 30,374
Depreciation
At 1 December 2020 26,616 26,616
Charge for year 754 754
On disposals
Other adjustments
At 30 November 2021 27,370 27,370
Net book value
At 30 November 2021 3,004 3,004
At 30 November 2020 3,758 3,758

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Debtors

2021 2020
£ £
Trade debtors 150 700
Prepayments and accrued income 0 0
Other debtors 0 0
Total 150 700
Debtors due after more than one year: 0 0

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Creditors: amounts falling due within one year note

2021 2020
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 25,847 8,033
Total 25,847 8,033

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2021

6. Creditors: amounts falling due after more than one year note

2021 2020
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 4,944 4,944
Total 4,944 4,944

COMMUNITY INTEREST ANNUAL REPORT

GOSPEL LINK 360 C.I.C

Company Number: 07071932 (England and Wales)

Year Ending: 30 November 2021

Company activities and impact

Gospel Link 360 C.I.C in the financial year of 2020-2021 this year following last years efforts invested time and effort in the following: - Recounted, which is an historical look on stories not told of musicians in the community which the Young People in the group have enjoyed and learned a lot from. - Clarendon FC, is wellbeing project which has been a lifeline for men to exercise outdoors and get together through COVID19 Lockdowns, and encourages peer mentoring between older men and young men. - AffinityXtra, was launched a multi-media platform to mix music and conversation about community issues which health wealth & law.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 August 2022

And signed on behalf of the board by:
Name: Roger Moore
Status: Director