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Company limited by guarantee

Company Registration Number:
11820396 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

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Contents of the Financial Statements

for the Period Ended 31 December 2024

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

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Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The principal activity is to assist those in the world suffering from poverty and those who are sick or lonely, and those interested in nurturing and developing their christian faith.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Suzanne Joy Pillans
Wilfrid Daile Pillans
Vincent James Altamura


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
1 August 2025

And signed on behalf of the board by:
Name: Suzanne Joy Pillans
Status: Director

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Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 10,429 11,645
Cost of sales: ( 7,772 ) ( 16,438 )
Gross profit(or loss): 2,657 (4,793)
Administrative expenses: ( 1,425 ) ( 1,520 )
Operating profit(or loss): 1,232 (6,313)
Profit(or loss) before tax: 1,232 (6,313)
Profit(or loss) for the financial year: 1,232 (6,313)

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Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 849 849
Debtors: 4 94 1,284
Cash at bank and in hand: 12,156 9,555
Total current assets: 13,099 11,688
Creditors: amounts falling due within one year: 5 ( 1,137 ) ( 958 )
Net current assets (liabilities): 11,962 10,730
Total assets less current liabilities: 11,962 10,730
Total net assets (liabilities): 11,962 10,730
Members' funds
Profit and loss account: 11,962 10,730
Total members' funds: 11,962 10,730

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 December 2024 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 1 August 2025
and signed on behalf of the board by:

Name: Suzanne Joy Pillans
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery over 10 years Fixtures, fittings, tools and equipment over 10 years

    Other accounting policies

    Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Foreign currency translation Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

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Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

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Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Stocks

2024 2023
£ £
Stocks 849 849
Total 849 849

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Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Other debtors 94 1,284
Total 94 1,284

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Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 1,137 958
Total 1,137 958

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 11820396 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

STEP OUT IN FAITH C.I.C. - supports work in Liberia and Sierra Leone by building schools for orphans and providing the means to grow food, to feed the orphans and host families and to sell at market to buy clothes, soap and other necessities for the children. Weekly radio broadcasts to serve the community are made which include a youth program and Growing Organic Vegetables. The work continues and is reaching into new towns.

Consultation with stakeholders

No consultation with stakeholders

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
1 August 2025

And signed on behalf of the board by:
Name: Suzanne Joy Pillans
Status: Director