GOSPEL LINK 360 C.I.C

Company limited by guarantee

Company Registration Number:
07071932 (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

GOSPEL LINK 360 C.I.C

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

GOSPEL LINK 360 C.I.C

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 35,532 73,248
Cost of sales: ( 9,785 ) ( 52,305 )
Gross profit(or loss): 25,747 20,943
Administrative expenses: ( 26,199 ) ( 21,159 )
Operating profit(or loss): (452) (216)
Interest receivable and similar income: 9 1
Profit(or loss) before tax: (443) (215)
Tax: ( 283 )
Profit(or loss) for the financial year: (443) (498)

GOSPEL LINK 360 C.I.C

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 3,376 1,300
Total fixed assets: 3,376 1,300
Current assets
Debtors: 4 2,750 1,000
Cash at bank and in hand: 7,155 14,303
Total current assets: 9,905 15,303
Creditors: amounts falling due within one year: 5 ( 16,727 ) ( 19,606 )
Net current assets (liabilities): (6,822) (4,303)
Total assets less current liabilities: (3,446) ( 3,003)
Total net assets (liabilities): (3,446) (3,003)
Members' funds
Profit and loss account: (3,446) ( 3,003)
Total members' funds: ( 3,446) (3,003)

The notes form part of these financial statements

GOSPEL LINK 360 C.I.C

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: Roger Moore
Status: Director

The notes form part of these financial statements

GOSPEL LINK 360 C.I.C

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

GOSPEL LINK 360 C.I.C

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

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 0 30,374 30,374
Additions 3,655 3,655
Disposals
Revaluations
Transfers
At 30 November 2023 3,655 30,374 34,029
Depreciation
At 1 December 2022 0 29,074 29,074
Charge for year 279 1,300 1,579
On disposals
Other adjustments
At 30 November 2023 279 30,374 30,653
Net book value
At 30 November 2023 3,376 0 3,376
At 30 November 2022 0 1,300 1,300

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Trade debtors 2,750 1,000
Total 2,750 1,000

GOSPEL LINK 360 C.I.C

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 533
Taxation and social security 283 283
Accruals and deferred income 14,410 14,429
Other creditors 1,501 4,894
Total 16,727 19,606

COMMUNITY INTEREST ANNUAL REPORT

GOSPEL LINK 360 C.I.C

Company Number: 07071932 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Gospel Link 360 C.I.C in the financial year of 2022-2023 this year following last year’s efforts invested time and effort in new business opportunities, which Affinity Xtra has been the lead project for our engagement.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

£9,000

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: Roger Moore
Status: Director