THE EVERLASTING ARMS MINISTRIES

THE EVERLASTING ARMS MINISTRIES

THE EVERLASTING ARMS MINISTRIES - Company Information

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THE EVERLASTING ARMS MINISTRIES

Company Registration Number:
04234547 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

THE EVERLASTING ARMS MINISTRIES

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

THE EVERLASTING ARMS MINISTRIES

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 949,104 752,917
Total fixed assets: 949,104 752,917
Current assets
Debtors:   93,021 43,225
Cash at bank and in hand: 737,373 1,241,044
Total current assets: 830,394 1,284,269
Creditors: amounts falling due within one year:   (13,810) (13,340)
Net current assets (liabilities): 816,584 1,270,929
Total assets less current liabilities: 1,765,688 2,023,846
Total net assets (liabilities): 1,765,688 2,023,846
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,765,687 2,023,845
Shareholders funds: 1,765,688 2,023,846

The notes form part of these financial statements

THE EVERLASTING ARMS MINISTRIES

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 December 2019
and signed on behalf of the board by:

Name: Olukayode Owolabi
Status: Director

The notes form part of these financial statements

THE EVERLASTING ARMS MINISTRIES

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE EVERLASTING ARMS MINISTRIES

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Tangible Assets

Total
Cost £
At 01 April 2018 1,173,664
Additions 96,014
Transfers 150,000
At 31 March 2019 1,419,678
Depreciation
At 01 April 2018 420,747
Charge for year 49,827
At 31 March 2019 470,574
Net book value
At 31 March 2019 949,104
At 31 March 2018 752,917

THE EVERLASTING ARMS MINISTRIES

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Changes in presentation and prior period adjustments

The omission of asset in the previous year's financial statements represents a prior period accounting error which is accounted for in the financial statements.