Jesus Disciples' Community Church |
Registered number: |
07114437 |
Balance Sheet |
as at 31 December 2022 |
|
Notes |
|
|
2022 |
|
|
2021 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
1,310 |
|
|
1,638 |
|
Current assets |
Cash at bank and in hand |
|
|
9,298 |
|
|
13,244 |
|
Creditors: amounts falling due within one year |
4 |
|
(1,060) |
|
|
(634) |
|
Net current assets |
|
|
|
8,238 |
|
|
12,610 |
|
Net assets |
|
|
|
9,548 |
|
|
14,248 |
|
|
|
|
|
|
|
|
Income funds |
Unrestricted funds |
|
|
|
9,548 |
|
|
14,248 |
|
Members' funds |
|
|
|
9,548 |
|
|
14,248 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
S Kim |
Director |
Approved by the board on 23 October 2023 |
|
Jesus Disciples' Community Church |
Notes to the Accounts |
for the year ended 31 December 2022 |
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|
1 |
Accounting policies |
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|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and with the Charities Act 2011. |
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|
INCOME |
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|
Recognition of income |
|
These are included in the income and expenditure account when: |
|
· the charity becomes entitled to the resources; |
|
· it is more likely than not that the trustees will receive the resources; |
|
· the monetary value can be measured with sufficient reliability. |
|
|
Grants and donations |
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Grants and donations are only included in the income and expenditure account when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). |
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|
In the case of performance related grants, income is only recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). |
|
|
Legacies |
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Legacies are included in the income and expenditure account when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. |
|
|
Tax reclaims on donations and gifts |
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Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. |
|
|
Tangible fixed assets |
|
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: |
|
|
Motor vehicles |
20% reducing balance |
|
|
EXPENDITURE AND LIABILITIES |
|
|
Liability recognition |
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Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. |
|
|
Creditors |
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The charity has creditors which are measured at settlement amounts less any trade discounts. |
|
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Provisions for liabilities |
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A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. |
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Basic financial instruments |
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The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. |
|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Motor vehicles |
£ |
|
Cost |
|
At 1 January 2022 |
4,000 |
|
At 31 December 2022 |
4,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2022 |
2,362 |
|
Charge for the year |
328 |
|
At 31 December 2022 |
2,690 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2022 |
1,310 |
|
At 31 December 2021 |
1,638 |
|
|
4 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
£ |
£ |
|
|
Taxation and social security costs |
320 |
|
304 |
|
Other creditors |
740 |
|
330 |
|
|
|
|
|
|
1,060 |
|
634 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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5 |
Other information |
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Jesus Disciples' Community Church is a private limited company by guarantee without share capital and incorporated in England. Its registered office is: |
|
39 Belmont Avenue |
|
New Malden |
|
Surrey |
|
KT3 6QE |