REGISTERED NUMBER: 13961468 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GOD'S HEART TV

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Dr G J Tonge

Mrs F M Tonge

Ms C A Janse Van Rensburg

REGISTERED OFFICE:

23 Trinity Square

LLANDUDNO

Conwy

LL30 2RH

REGISTERED NUMBER:

13961468 (England and Wales)

ACCOUNTANTS:

Hawley and Company

Chartered Accountants & Chartered Tax Advisers

First Floor Suite

23 Trinity Square

LLANDUDNO

North Wales

LL30 2RH

FIXED ASSETS

Tangible assets

4

247,744

176,346

CURRENT ASSETS

Debtors

5

6,543

1,386

Cash at bank

25,475

57,640

32,018

59,026

CREDITORS

Amounts falling due within one year

6

16,141

11,795

NET CURRENT ASSETS

15,877

47,231

TOTAL ASSETS LESS CURRENT LIABILITIES

263,621

223,577

CREDITORS

Amounts falling due after more than one year

7

(155,028

)

(164,428

)

PROVISIONS FOR LIABILITIES

8

(18,076

)

(4,510

)

NET ASSETS

90,517

54,639

RESERVES

Retained earnings

90,517

54,639

90,517

54,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by:

Dr G J Tonge - Director

1.	STATUTORY INFORMATION

God's Heart TV is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company makes pension contributions on behalf of employees. Contributions paid during the year are charged in the Income Statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

152,608

2,265

43,918

198,791

Additions

-

53,537

45,704

99,241

At 31 March 2025

152,608

55,802

89,622

298,032

DEPRECIATION

At 1 April 2024

-

407

22,038

22,445

Charge for year

-

5,540

22,303

27,843

At 31 March 2025

-

5,947

44,341

50,288

NET BOOK VALUE

At 31 March 2025

152,608

49,855

45,281

247,744

At 31 March 2024

152,608

1,858

21,880

176,346

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

5,101

-

Prepayments

1,442

1,386

6,543

1,386

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

-

6,265

Social security and other taxes

7,536

3,636

Accruals

8,605

1,894

16,141

11,795

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Director's loan account

155,028

164,428

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

18,076

4,510

Deferred

tax

£

Balance at 1 April 2024

4,510

Accelerated capital allowances

13,566

Balance at 31 March 2025

18,076

9.	LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. The liability of each member is limited to an amount not exceeding one pound.