5th Gospel Retreats Limited 31/12/2021 iXBRL
5th Gospel Retreats Limited 31/12/2021 iXBRL
Company registration number:
6169318
Company limited by guarantee
5TH GOSPEL RETREATS LIMITED
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 6 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Stocks |
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Debtors | 7 |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 8 |
(
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(
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_______ | _______ | ||||||||
Net current liabilities |
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(
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_______ | _______ | ||||||||
Total assets less current liabilities |
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(
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_______ | _______ | ||||||||
Net liabilities |
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(
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Profit and loss account | 9 |
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_______ | _______ | ||||||||
Members deficit |
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_______ | _______ | ||||||||
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
02 September 2022
, and are signed on behalf of the board by:
Director
Company registration number:
6169318
5TH GOSPEL RETREATS LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2021
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Petitor House, Nicholson Road, Torquay, Devon, TQ2 7TD.
Principal activity
The principal activity of the company is that of organisation of custom retreats and pilgrimages to Jordan, Palestine and Israel.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Turnover
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Website | - |
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Fittings fixtures and equipment | - |
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Office Equipment | - |
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reducing balance | |
Impairment
Stocks
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities.
Financial instruments
4.
Limited by guarantee
5.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2020:
1
).
6.
Tangible assets
Website | Fixtures, fittings and equipment | Office equipment | Total | ||
£ | £ | £ | £ | ||
Cost | |||||
At 1 January 2021 and 31 December 2021 |
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Depreciation | |||||
At 1 January 2021 |
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Charge for the year |
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_______ | _______ | _______ | _______ | ||
At 31 December 2021 |
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_______ | _______ | _______ | _______ | ||
Carrying amount | |||||
At 31 December 2021 | - |
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_______ | _______ | _______ | _______ | ||
At 31 December 2020 |
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_______ | _______ | _______ | _______ | ||
7.
Debtors
2021 | 2020 | |||
£ | £ | |||
Other debtors |
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_______ | _______ | |||
8.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Accruals and deferred income |
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Other creditors | 557 | 36 | ||
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9.
Reserves
10.
Events after the end of the reporting period
11.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | |||||
2021 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
Director |
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- |
(
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(
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_______ | _______ | _______ | _______ | ||
2020 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
Director |
(
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- |
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_______ | _______ | _______ | _______ | ||