NEW LIFE CHURCH, CROUCH VALLEY

Company limited by guarantee

Company Registration Number:
08062802 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

NEW LIFE CHURCH, CROUCH VALLEY

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

NEW LIFE CHURCH, CROUCH VALLEY

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

Our charitable goals are set out fully in our Articles of Association



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Babajide Ajigagba
Mark Tomlinson
Peter Watkinson
Denise Parris
Oladipupo Oluwadiilola Akinrinlade
Sheila Benson-Nunoo


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
13 August 2024

And signed on behalf of the board by:
Name: Babajide Ajigagba
Status: Director

NEW LIFE CHURCH, CROUCH VALLEY

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 207,429 206,185
Investments:   0
Total fixed assets: 207,429 206,185
Current assets
Stocks:   0 0
Debtors: 4 0 2,000
Cash at bank and in hand: 152,868 140,581
Investments:   0 0
Total current assets: 152,868 142,581
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 3,866 ) ( 5,098 )
Net current assets (liabilities): 149,002 137,483
Total assets less current liabilities: 356,431 343,668
Creditors: amounts falling due after more than one year: 6 ( 57,419 ) ( 58,968 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 299,012 284,700
Members' funds
Profit and loss account: 299,012 284,700
Total members' funds: 299,012 284,700

The notes form part of these financial statements

NEW LIFE CHURCH, CROUCH VALLEY

Balance sheet statements

For the year ending 31 December 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 August 2024
and signed on behalf of the board by:

Name: Babajide Ajigagba
Status: Director

The notes form part of these financial statements

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 18 18

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 200,000 5,879 2,367 208,246
Additions 6,107 6,107
Disposals ( 199 ) ( 199 )
Revaluations
Transfers
At 31 December 2023 200,000 11,787 2,367 214,154
Depreciation
At 1 January 2023 1,469 592 2,061
Charge for year 3,926 788 4,714
On disposals ( 50 ) ( 50 )
Other adjustments
At 31 December 2023 5,345 1,380 6,725
Net book value
At 31 December 2023 200,000 6,442 987 207,429
At 31 December 2022 200,000 4,410 1,775 206,185

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Other debtors 0 2,000
Total 0 2,000

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 2,366 3,585
Accruals and deferred income 1,500 1,513
Total 3,866 5,098

NEW LIFE CHURCH, CROUCH VALLEY

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 57,419 58,968
Total 57,419 58,968