GOSPEL EXPRESS CIC

Company limited by guarantee

Company Registration Number:
12340779 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

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Contents of the Financial Statements

for the Period Ended 30 November 2023

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

GOSPEL EXPRESS CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The principal activity of the company during the period was the provision of educational support services.



Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

E Cudjoe


The director shown below has held office during the period of
24 March 2023 to 30 November 2023

D Harrison


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
28 August 2024

And signed on behalf of the board by:
Name: D Harrison
Status: Director

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Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 35,631 28,851
Cost of sales: ( 20,679 ) ( 9,661 )
Gross profit(or loss): 14,952 19,190
Administrative expenses: ( 11,147 ) ( 12,541 )
Operating profit(or loss): 3,805 6,649
Interest payable and similar charges: ( 401 )
Profit(or loss) before tax: 3,404 6,649
Profit(or loss) for the financial year: 3,404 6,649

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Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 30,106 28,220
Cash at bank and in hand: 475 1,506
Total current assets: 30,581 29,726
Creditors: amounts falling due within one year: 4 ( 11,171 ) ( 12,916 )
Net current assets (liabilities): 19,410 16,810
Total assets less current liabilities: 19,410 16,810
Total net assets (liabilities): 19,410 16,810
Members' funds
Profit and loss account: 19,410 16,810
Total members' funds: 19,410 16,810

The notes form part of these financial statements

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Balance sheet statements

For the year ending 30 November 2023 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 28 August 2024
and signed on behalf of the board by:

Name: D Harrison
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 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

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Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

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Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

2023 2022
£ £
Other debtors 30,106 28,220
Total 30,106 28,220

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Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 6,000 7,775
Taxation and social security 3,626 3,911
Accruals and deferred income 1,545 1,230
Total 11,171 12,916

COMMUNITY INTEREST ANNUAL REPORT

GOSPEL EXPRESS CIC

Company Number: 12340779 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

This year we carried out our regular activities. We had a visioning day, appointed the leadership Team and shared vision for the year. Conducted conferences, seminars, conventions. Set-up and ran a range of courses for training and education and mentored learners into different job role. Supported local Churches and Community organisation in meeting the needs of the local communities. For example, mental health awareness seminars and counselling. We had a Family Retreat where families attended, and had presentation, seminars, nature walks, and craft activities. The Academy conducted courses – Prison Chaplaincy, Leadership, Pastoral Theology, Counselling and Church Administration. We had an Awards Ceremony for the graduates. We trained and ordained pastors and launched them into ministry. Trained and equip leaders for community work. We finished strong and all objectives were met. However, a few leaders had to step down from position, which mean those remaining had to work much harder to achieve goals set.

Consultation with stakeholders

A new director was added to the Team and both Directors have regular update on processes and progress of the company’s vision and direction.

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
28 August 2024

And signed on behalf of the board by:
Name: D Harrison
Status: Director