1 January 2024 false No description of principal activity Taxfiler 2024.6 06124850business:PrivateLimitedCompanyLtd2024-01-012024-12-31 061248502023-12-31 061248502024-01-012024-12-31 06124850business:AuditExemptWithAccountantsReport2024-01-012024-12-31 06124850business:FilletedAccounts2024-01-012024-12-31 061248502024-12-31 06124850business:Director12024-01-012024-12-31 06124850business:Director22024-01-012024-12-31 06124850business:Director32024-01-012024-12-31 06124850business:Director42024-01-012024-12-31 06124850business:RegisteredOffice2024-01-012024-12-31 061248502023-12-31 06124850core:WithinOneYear2024-12-31 06124850core:WithinOneYear2023-12-31 06124850core:AfterOneYear2024-12-31 06124850core:AfterOneYear2023-12-31 06124850core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 06124850core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 06124850core:PreviouslyStatedAmount2024-12-31 06124850core:PreviouslyStatedAmount2023-12-31 06124850business:SmallEntities2024-01-012024-12-31 06124850countries:EnglandWales2024-01-012024-12-31 06124850core:MotorVehicles2023-12-31 06124850core:FurnitureFittings2023-12-31 06124850core:MotorVehicles2024-01-012024-12-31 06124850core:FurnitureFittings2024-01-012024-12-31 06124850core:MotorVehicles2024-12-31 06124850core:FurnitureFittings2024-12-31 06124850core:AdditionsToInvestments2024-12-31 061248502023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06124850 (England and Wales)
DAYSPRING CHAPEL MINISTRIES Unaudited accounts for the year ended 31 December 2024
DAYSPRING CHAPEL MINISTRIES Company Information for the year ended 31 December 2024
Directors
Emmanuel Olatunde Samuel Kayode Adetunji Janet Ogunmola Helen Yetunde Olatunde
Company Number
06124850 (England and Wales)
Registered Office
52 Lisburn Road Bristol Avon BS4 1NE England
Accountants
AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Croydon CR2 6EA
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DAYSPRING CHAPEL MINISTRIES Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
15,588 
18,284 
Investments
5
382,700 
- 
398,288 
18,284 
Current assets
Debtors
6
3,240 
3,240 
Cash at bank and in hand
63,490 
191,734 
66,730 
194,974 
Creditors: amounts falling due within one year
7
(221,173)
(2,147)
Net current (liabilities)/assets
(154,443)
192,827 
Total assets less current liabilities
243,845 
211,111 
Creditors: amounts falling due after more than one year
8
(29,900)
(21,366)
Net assets
213,945 
189,745 
Capital and reserves
Profit and loss account
213,945 
189,745 
Shareholders' funds
213,945 
189,745 
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 30 September 2025 and were signed on its behalf by
Emmanuel Olatunde Director Company Registration No. 06124850
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DAYSPRING CHAPEL MINISTRIES Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
DAYSPRING CHAPEL MINISTRIES is a private company, limited by shares, registered in England and Wales, registration number 06124850. The registered office is 52 Lisburn Road, Bristol, Avon, BS4 1NE, 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
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
2,950 
70,489 
73,439 
Additions
- 
1,201 
1,201 
At 31 December 2024
2,950 
71,690 
74,640 
Depreciation
At 1 January 2024
2,950 
52,205 
55,155 
Charge for the year
- 
3,897 
3,897 
At 31 December 2024
2,950 
56,102 
59,052 
Net book value
At 31 December 2024
- 
15,588 
15,588 
At 31 December 2023
- 
18,284 
18,284 
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
- 
Additions
382,700 
Valuation at 31 December 2024
382,700 
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DAYSPRING CHAPEL MINISTRIES 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
3,240 
3,240 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
220,000 
- 
Taxes and social security
(411)
788 
Accruals
1,584 
1,359 
221,173 
2,147 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,900 
1,366 
Other creditors
- 
20,000 
29,900 
21,366 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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