1 January 2023 false No description of principal activity Taxfiler 2024.5 12552021business:CompanyLimitedByGuarantee2023-01-012023-12-31 125520212022-12-31 125520212023-01-012023-12-31 12552021business:AuditExemptWithAccountantsReport2023-01-012023-12-31 12552021business:FilletedAccounts2023-01-012023-12-31 125520212023-12-31 12552021business:Director12023-01-012023-12-31 12552021business:Director22023-01-012023-12-31 12552021business:Director32023-01-012023-12-31 12552021business:Director42023-01-012023-12-31 12552021business:RegisteredOffice2023-01-012023-12-31 125520212022-12-31 12552021core:WithinOneYear2023-12-31 12552021core:WithinOneYear2022-12-31 12552021core:AfterOneYear2023-12-31 12552021core:AfterOneYear2022-12-31 12552021core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12552021core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 12552021core:PreviouslyStatedAmount2023-12-31 12552021core:PreviouslyStatedAmount2022-12-31 12552021business:SmallEntities2023-01-012023-12-31 12552021countries:EnglandWales2023-01-012023-12-31 12552021core:LandBuildings2022-12-31 12552021core:MotorVehicles2022-12-31 12552021core:FurnitureFittings2022-12-31 12552021core:ComputerEquipment2022-12-31 12552021core:LandBuildings2023-01-012023-12-31 12552021core:MotorVehicles2023-01-012023-12-31 12552021core:FurnitureFittings2023-01-012023-12-31 12552021core:ComputerEquipment2023-01-012023-12-31 12552021core:LandBuildings2023-12-31 12552021core:MotorVehicles2023-12-31 12552021core:FurnitureFittings2023-12-31 12552021core:ComputerEquipment2023-12-31 125520212022-01-012022-12-31 iso4217:GBP xbrli:pure
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
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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
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THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
611,204 
615,987 
Investments
3,000 
3,000 
614,204 
618,987 
Current assets
Debtors
32,413 
23,187 
Cash at bank and in hand
8,263 
4,406 
40,676 
27,593 
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 
Reserves
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
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THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
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 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 
Depreciation
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 
Net book value
At 31 December 2023
582,817 
- 
9,898 
18,489 
611,204 
At 31 December 2022
588,867 
- 
15,434 
11,686 
615,987 
5
Investments
Other investments 
£ 
Valuation at 1 January 2023
3,000 
Valuation at 31 December 2023
3,000 
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THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK LTD Notes to the Accounts for the year ended 31 December 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
25,813 
22,087 
Other debtors
6,600 
1,100 
32,413 
23,187 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
25,857 
25,857 
Taxes and social security
500 
45 
Other creditors
(43)
(43)
26,314 
25,859 
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).
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