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Company Registration No. 12552021 (England and Wales)
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK Unaudited accounts for the year ended 31 December 2024
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK Company Information for the year ended 31 December 2024
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 Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
614,813 
611,203 
Investments
5
3,000 
3,000 
617,813 
614,203 
Current assets
Debtors
6
33,950 
32,414 
Cash at bank and in hand
5,907 
8,263 
39,857 
40,677 
Creditors: amounts falling due within one year
7
(27,424)
(26,314)
Net current assets
12,433 
14,363 
Total assets less current liabilities
630,246 
628,566 
Creditors: amounts falling due after more than one year
8
(324,637)
(352,111)
Net assets
305,609 
276,455 
Reserves
9
Profit and loss account
305,609 
276,455 
Members' funds
305,609 
276,455 
For the year ending 31 December 2024 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 25 June 2025 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 Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK 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 2024
605,000 
2,939 
22,141 
39,556 
669,636 
Additions
- 
- 
10,243 
15,946 
26,189 
At 31 December 2024
605,000 
2,939 
32,384 
55,502 
695,825 
Depreciation
At 1 January 2024
22,183 
2,939 
12,244 
21,067 
58,433 
Charge for the year
6,050 
- 
6,718 
9,811 
22,579 
At 31 December 2024
28,233 
2,939 
18,962 
30,878 
81,012 
Net book value
At 31 December 2024
576,767 
- 
13,422 
24,624 
614,813 
At 31 December 2023
582,817 
- 
9,897 
18,489 
611,203 
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
3,000 
Valuation at 31 December 2024
3,000 
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THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
28,320 
25,814 
Other debtors
5,630 
6,600 
33,950 
32,414 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
25,857 
25,857 
Taxes and social security
1,567 
500 
Other creditors
- 
(43)
27,424 
26,314 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
324,637 
352,111 
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 (2023: 2).
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