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Company Registration No. 05314410 (England and Wales)
PHILADELPHIA CHURCH OF GOD Unaudited accounts for the year ended 31 December 2022
PHILADELPHIA CHURCH OF GOD Unaudited accounts Contents
Page
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PHILADELPHIA CHURCH OF GOD Company Information for the year ended 31 December 2022
Directors
Gerald Flurry Andrew Locher Wayne Turgeon Waduthanthrige Dinesh Sanjeewa Perera
Company Number
05314410 (England and Wales)
Registered Office
EDSTONE HALL EDSTONE WOOTTON WAWEN HENLEY-IN-ARDEN B95 6DD
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of PHILADELPHIA CHURCH OF GOD for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PHILADELPHIA CHURCH OF GOD for the year ended 31 December 2022 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Chartered Certified Accountants 25 October 2023
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PHILADELPHIA CHURCH OF GOD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,871,187 
2,871,024 
Current assets
Debtors
191,008 
207,069 
Cash at bank and in hand
85,055 
75,876 
276,063 
282,945 
Creditors: amounts falling due within one year
(217,400)
(258,581)
Net current assets
58,663 
24,364 
Total assets less current liabilities
2,929,850 
2,895,388 
Creditors: amounts falling due after more than one year
(3,131,819)
(3,110,678)
Net liabilities
(201,969)
(215,290)
Reserves
Profit and loss account
(201,969)
(215,290)
Members' funds
(201,969)
(215,290)
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
Waduthanthrige Dinesh Sanjeewa Perera Director Company Registration No. 05314410
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PHILADELPHIA CHURCH OF GOD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
PHILADELPHIA CHURCH OF GOD is a private company, limited by guarantee, registered in England and Wales, registration number 05314410. The registered office is EDSTONE HALL EDSTONE, WOOTTON WAWEN, HENLEY-IN-ARDEN, B95 6DD.
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 remained unchanged from the previous year, and also 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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight line
Fixtures & fittings
15% Reducing balance
Computer equipment
33% Reducing balance
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2022
2,830,820 
30,448 
37,747 
45,450 
2,944,465 
Additions
- 
7,266 
- 
3,521 
10,787 
At 31 December 2022
2,830,820 
37,714 
37,747 
48,971 
2,955,252 
Depreciation
At 1 January 2022
- 
15,358 
23,716 
34,367 
73,441 
Charge for the year
- 
4,792 
2,094 
3,738 
10,624 
At 31 December 2022
- 
20,150 
25,810 
38,105 
84,065 
Net book value
At 31 December 2022
2,830,820 
17,564 
11,937 
10,866 
2,871,187 
At 31 December 2021
2,830,820 
15,090 
14,031 
11,083 
2,871,024 
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PHILADELPHIA CHURCH OF GOD Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
4,613 
4,244 
Other debtors
186,395 
202,825 
191,008 
207,069 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
127,327 
169,309 
Taxes and social security
18,393 
17,592 
Deferred income
71,680 
71,680 
217,400 
258,581 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Other creditors
3,131,819 
3,110,678 
8
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £10.
9
Average number of employees
During the year the average number of employees was 24 (2021: 24).
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