NEW LIFE CHURCH, CROUCH VALLEY

Company limited by guarantee

Company Registration Number:
08062802 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

NEW LIFE CHURCH, CROUCH VALLEY

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Balance sheet
Additional notes
Balance sheet notes

NEW LIFE CHURCH, CROUCH VALLEY

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal activities of the company

Our charitable goals are set out fully in our Articles of Association.



Directors

The directors shown below have held office during the whole of the period from
1 January 2022 to 31 December 2022

Babajide Ajigagba
Peter Watkinson
Waldemar Ockert
Mark Tomlinson


The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Andrew Bourne


The director shown below has held office during the period of
1 December 2022 to 31 December 2022

Sheila Benson-Nunoo


The director shown below has held office during the period of
25 January 2022 to 31 December 2022

Denise Parris


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
13 October 2023

And signed on behalf of the board by:
Name: Babajide Ajigagba
Status: Director

NEW LIFE CHURCH, CROUCH VALLEY

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 206,185 200,000
Total fixed assets: 206,185 200,000
Current assets
Debtors: 4 2,000 2,000
Cash at bank and in hand: 140,581 134,372
Total current assets: 142,581 136,372
Creditors: amounts falling due within one year: 5 ( 5,098 ) ( 4,836 )
Net current assets (liabilities): 137,483 131,536
Total assets less current liabilities: 343,668 331,536
Creditors: amounts falling due after more than one year: 6 ( 58,968 ) ( 62,232 )
Total net assets (liabilities): 284,700 269,304
Members' funds
Profit and loss account: 284,700 269,304
Total members' funds: 284,700 269,304

The notes form part of these financial statements

NEW LIFE CHURCH, CROUCH VALLEY

Balance sheet statements

For the year ending 31 December 2022 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 October 2023
and signed on behalf of the board by:

Name: Babajide Ajigagba
Status: Director

The notes form part of these financial statements

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 18 12

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 200,000 0 0 200,000
Additions 5,879 2,367 8,246
Disposals ( 1,469 ) ( 592 ) ( 2,061 )
Revaluations
Transfers
At 31 December 2022 200,000 4,410 1,775 206,185
Depreciation
At 1 January 2022
Charge for year
On disposals
Other adjustments
At 31 December 2022
Net book value
At 31 December 2022 200,000 4,410 1,775 206,185
At 31 December 2021 200,000 0 0 200,000

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
£ £
Other debtors 2,000 2,000
Total 2,000 2,000

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 3,585 3,335
Accruals and deferred income 1,513 1,501
Total 5,098 4,836

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2022

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

2022 2021
£ £
Bank loans and overdrafts 58,968 62,232
Total 58,968 62,232