REGISTERED NUMBER: 04869117 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Manchester International Churches of

Christ Estates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr I Johnson

Mr P T Anti

Mrs S M Anti

Mr B Kafula

Mr B N Miller

C W Broom

O Soboyejo

I Soboyejo

N Ghalustians

SECRETARY:

Mrs S M Anti

REGISTERED OFFICE:

40 Ramillies Avenue

Cheadle Hulme

Stockport

SK8 7AL

REGISTERED NUMBER:

04869117 (England and Wales)

ACCOUNTANTS:

Raise

Chartered Accountants

Trimble House

9 Bold Street

Warrington

WA1 1DN

FIXED ASSETS

Tangible assets

4

-

198,361

CURRENT ASSETS

Cash at bank

569,593

78

CREDITORS

Amounts falling due within one year

5

475

15,950

NET CURRENT ASSETS/(LIABILITIES)

569,118

(15,872

)

TOTAL ASSETS LESS CURRENT LIABILITIES

569,118

182,489

RESERVES

Fair value reserve

6

-

143,145

Income and expenditure account

6

569,118

39,344

569,118

182,489

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2026 and were signed on its behalf by:

Mrs S M Anti - Director

1.	STATUTORY INFORMATION

Manchester International Churches of Christ Estates Ltd 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

9 Derby Street was acquired on 4 October 2004. The property was acquired from the International Churches of Christ (ICC)which is an organisation to which the Manchester International Churches of Christ Estates is affiliated. The property was valued at £265,000 on acquisition. A payment of £107,500 was made to ICC for this acquisition. The remainder of the balance of £157,500 was recognised as a donation from International Churches of Christ for the purposes of charity accounting. The property is used for worship by the parishioners of ICC Missions. The charity receives rental income from ICC Missions which is used to maintain the property. This property is therefore not treated as investment property on the basis that the property is not being rented for commercial trading purposes and has been leased back to the original vendor who continues to use the property for the original purpose of worship. Manchester International Churches of Christ Estates continues to be connected to ICC Missions due to its affiliation to that organisation.

The freehold building (excluding the land) is depreciated on a straight line basis at 2% per annum.

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

Plant and machinery etc - 25% on reducing balance

Taxation

The company is a registered charity and is therefore exempt from corporation tax on its charitable activities.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

265,000

8,420

273,420

Disposals

(265,000

)

(8,420

)

(273,420

)

At 31 December 2025

-

-

-

DEPRECIATION

At 1 January 2025

66,825

8,234

75,059

Eliminated on disposal

(66,825

)

(8,234

)

(75,059

)

At 31 December 2025

-

-

-

NET BOOK VALUE

At 31 December 2025

-

-

-

At 31 December 2024

198,175

186

198,361

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

475

15,950

6.

RESERVES

Income

and

Fair

expenditure

value

account

reserve

Totals

£

£

£

At 1 January 2025

39,344

143,145

182,489

Surplus for the year

386,629

-

386,629

Transfer of fair value reserve

143,145

(143,145

)

-

At 31 December 2025

569,118

-

569,118

7.	LIMITED BY GUARANTEE

In the event of the charity being wound up each member's liability is limited to £1.