International Ministerial Council Of Great Britain

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07181326

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		343		428

			343		428
CURRENT ASSETS
Cash at bank and in hand		11,548		7,304

		11,548		7,304
Creditors: Amounts Falling Due Within One Year	5	-		(990 )

NET CURRENT ASSETS (LIABILITIES)			11,548		6,314

TOTAL ASSETS LESS CURRENT LIABILITIES			11,891		6,742

NET ASSETS			11,891		6,742

RESERVES
Capital reserve			14,507		14,507
Income and Expenditure Account			(2,616 )		(7,765 )

MEMBERS' FUNDS			11,891		6,742

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International Ministerial Council Of Great Britain

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Rt Rev Sheila Douglas

Director

05/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

International Ministerial Council Of Great Britain is a private company, limited by guarantee, incorporated in England & Wales, registered number 07181326 . The registered office is 16 Millbank, Leighton Buzzard, LU7 1AS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is recognised when it can be measured reliably and it is probable that economic benefits will flow to the company. It is measured at the fair value of the consideration received or receivable, net of discounts and rebates. Income received in advance of the period to which it relates is deferred and recognised in future periods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Library assets	20% reducing balance
Fixtures & Fittings	20% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Library assets	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	7,210	3,458	10,668

As at 31 March 2025	7,210	3,458	10,668

Depreciation
As at 1 April 2024	7,048	3,192	10,240
Provided during the period	32	53	85

As at 31 March 2025	7,080	3,245	10,325

Net Book Value
As at 31 March 2025	130	213	343

As at 1 April 2024	162	266	428

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International Ministerial Council Of Great Britain

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	-	990

6. Related Party Transactions

Donations from Rt. Rvd Sheila Douglas £4,745 (2024: £4,425)

7. 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.

8. Going Concern

The trustees, who are also the directors of the Company, have assessed the Company's ability to continue as a going concern. This assessment considered the Company's financial position, cash flow forecasts, and funding requirements for the next 12 months.

A key factor in the Company’s ability to continue its operations is its reliance on one of its directors, Rt Rev Sheila Douglas. Rt Rev Sheila Douglas has been instrumental in providing financial support that has been crucial for the Company to meet its obligations as they fall due.

Although Rt Rev Sheila Douglas has not provided a separate written confirmation of continued financial support, she is actively involved in the governance of the Company and fully aware of its financial position and needs. As a trustee and director, Rt Rev Sheila Douglas has indicated her intention to continue supporting the charity.

Based on this understanding, the trustees (including Rt Rev Sheila Douglas) believe that the Company has adequate resources to continue in operational existence for the foreseeable future. Consequently, they have adopted the going concern basis in preparing the financial statements.

However, the trustees acknowledge that if Rt Rev Sheila Douglas's support were to be withdrawn, this would cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include any adjustments that would be necessary should the Company be unable to continue as a going concern.

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