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
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
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
PHILADELPHIA CHURCH OF GOD
Statement of financial position
as at 31 December 2022
Tangible assets
2,871,187
2,871,024
Cash at bank and in hand
85,055
75,876
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)
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
PHILADELPHIA CHURCH OF GOD
Notes to the Accounts
for the year ended 31 December 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
PHILADELPHIA CHURCH OF GOD
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Accrued income and prepayments
4,613
4,244
Other debtors
186,395
202,825
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
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).