Company Registration No. 12552021 (England and Wales)
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD
Unaudited accounts
for the year ended 31 December 2023
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD
Unaudited accounts
Contents
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD
Company Information
for the year ended 31 December 2023
Directors
Chioma CHUKWU
Olusayo Akintunde ISOLA
Osayamen EDOKPAYI
Olusegun OMOTAYO
Company Number
12552021 (England and Wales)
Registered Office
ETON WICK
WINDSOR
SL4 6JN
ENGLAND
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD
Statement of financial position
as at 31 December 2023
Tangible assets
611,204
615,987
Cash at bank and in hand
8,263
4,406
Creditors: amounts falling due within one year
(26,314)
(25,859)
Net current assets
14,362
1,734
Total assets less current liabilities
628,566
620,721
Creditors: amounts falling due after more than one year
(352,111)
(376,971)
Net assets
276,455
243,750
Profit and loss account
276,455
243,750
Members' funds
276,455
243,750
For the year ending 31 December 2023 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 7 August 2024 and were signed on its behalf by
Olusayo Akintunde ISOLA
Director
Company Registration No. 12552021
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD
Notes to the Accounts
for the year ended 31 December 2023
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD is a private company, limited by guarantee, registered in England and Wales, registration number 12552021. The registered office is ETON WICK, WINDSOR, SL4 6JN, ENGLAND.
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:
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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 2023
605,000
2,939
22,142
27,464
657,545
Additions
-
-
-
12,092
12,092
At 31 December 2023
605,000
2,939
22,142
39,556
669,637
At 1 January 2023
16,133
2,939
6,708
15,778
41,558
Charge for the year
6,050
-
5,536
5,289
16,875
At 31 December 2023
22,183
2,939
12,244
21,067
58,433
At 31 December 2023
582,817
-
9,898
18,489
611,204
At 31 December 2022
588,867
-
15,434
11,686
615,987
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Investments
Other investments
Valuation at 1 January 2023
3,000
Valuation at 31 December 2023
3,000
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
25,813
22,087
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
25,857
25,857
Taxes and social security
500
45
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
352,111
376,971
9
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 £1.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).