1 January 2017 false No description of principal activity Taxfiler 2018.11.Web 07592170business:PrivateLimitedCompanyLtd2017-01-012017-12-31 075921702016-12-31 075921702017-01-012017-12-31 07592170business:AuditExempt-NoAccountantsReport2017-01-012017-12-31 07592170business:FullAccounts2017-01-012017-12-31 075921702017-12-31 07592170business:Director12017-01-012017-12-31 07592170business:Director22017-01-012017-12-31 07592170business:Director32017-01-012017-12-31 07592170business:RegisteredOffice2017-01-012017-12-31 075921702016-12-31 07592170core:WithinOneYear2017-12-31 07592170core:WithinOneYear2016-12-31 07592170core:AfterOneYear2017-12-31 07592170core:AfterOneYear2016-12-31 07592170core:RetainedEarningsAccumulatedLosses2017-12-31 07592170core:RetainedEarningsAccumulatedLosses2016-12-31 07592170business:SmallEntities2017-01-012017-12-31 07592170countries:EnglandWales2017-01-012017-12-31 07592170core:LandBuildings2017-01-012017-12-31 07592170core:PlantMachinery2017-01-012017-12-31 07592170core:MotorVehicles2017-01-012017-12-31 07592170core:FurnitureFittings2017-01-012017-12-31 07592170core:ComputerEquipment2017-01-012017-12-31 07592170core:LandBuildings2016-12-31 07592170core:PlantMachinery2016-12-31 07592170core:MotorVehicles2016-12-31 07592170core:FurnitureFittings2016-12-31 07592170core:LandBuildings2017-12-31 07592170core:PlantMachinery2017-12-31 07592170core:MotorVehicles2017-12-31 07592170core:FurnitureFittings2017-12-31 075921702016-01-012016-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07592170 (England and Wales)
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry Unaudited accounts for the year ended 31 December 2017
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry Company Information for the year ended 31 December 2017
Directors
Gabriel Gringo Orakpo Ezekiel Olaitan Obileye Olufunsho Abidemi Ojuola
Company Number
07592170 (England and Wales)
Registered Office
RCCG COVENANT RESTORATION ASSEMBLY UPPER SPON STREET COVENTRY CV1 3BL
- 3 -
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry Statement of financial position as at 31 December 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
181,854 
183,069 
Current assets
Debtors
5
12,936 
12,370 
Cash at bank and in hand
10,319 
28,491 
23,255 
40,861 
Creditors: amounts falling due within one year
6
(5,102)
(4,655)
Net current assets
18,153 
36,206 
Total assets less current liabilities
200,007 
219,275 
Creditors: amounts falling due after more than one year
7
(69,044)
(71,872)
Net assets
130,963 
147,403 
Capital and reserves
Profit and loss account
130,963 
147,403 
Shareholders' funds
130,963 
147,403 
For the year ending 31 December 2017 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.
Approved by the Board on 25 September 2018.
Gabriel Gringo Orakpo Director Company Registration No. 07592170
- 4 -
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry Notes to the Accounts for the year ended 31 December 2017
1
Statutory information
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry is a private company, limited by shares, registered in England and Wales, registration number 07592170. The registered office is RCCG COVENANT RESTORATION ASSEMBLY, UPPER SPON STREET, COVENTRY, CV1 3BL.
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:
Land & buildings
2%
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2017
156,606 
36,295 
7,310 
21,519 
221,730 
Additions
13,150 
- 
- 
- 
13,150 
At 31 December 2017
169,756 
36,295 
7,310 
21,519 
234,880 
Depreciation
At 1 January 2017
6,794 
17,099 
3,052 
11,716 
38,661 
Charge for the year
3,353 
4,732 
872 
5,408 
14,365 
At 31 December 2017
10,147 
21,831 
3,924 
17,124 
53,026 
Net book value
At 31 December 2017
159,609 
14,464 
3,386 
4,395 
181,854 
At 31 December 2016
149,812 
19,196 
4,258 
9,803 
183,069 
- 5 -
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry Notes to the Accounts for the year ended 31 December 2017
5
Debtors
2017 
2016 
£ 
£ 
Accrued income and prepayments
13,171 
12,370 
Other debtors
(235)
- 
12,936 
12,370 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Bank loans and overdrafts
2,831 
2,698 
Trade creditors
- 
1,957 
Other creditors
2,188 
- 
Accruals
83 
- 
5,102 
4,655 
7
Creditors: amounts falling due after more than one year
2017 
2016 
£ 
£ 
Bank loans
69,044 
71,872 
8
Average number of employees
During the year the average number of employees was 2 (2016: 2).
- 6 -