| Charity information |
||
|---|---|---|
| Trustees' annual report |
2-4 | |
| Accountant's Report |
||
| Statement of Financial | Activities |
| 2021 | |||||||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | ||||
| F | f | ||||||
| incomi Resources |
|||||||
| incoming resources from generated | funds: | ||||||
| Voluntary income:donations |
2 | 25,878 | 25,878 | 21,233 | |||
| Activities in furtherance ofthe charity |
|||||||
| objects | |||||||
| Total Incoming Resources | 25878 | 25878 | 21233 | ||||
| Resources x |
|||||||
| Charitable activities |
11,820 | 11,820 | 8,815 | ||||
| Governance costs: | 8,930 | 8,930 | 8,745 | ||||
| Total Resources expended | 20,750 | 20,750 | 17,580 | ||||
| Net incorningl(outgoing) Resources for the year |
5,127 | 5,127 | 3,673 | ||||
| Total funds at 1 January |
20,620 | 16,947 | |||||
| Transfer betvreen funds | |||||||
| Total funds at at 31December | 6 | 25748 | 25748 |
| THE REDEEMED CHRISTIAN CHURCH Balance sheet asat 30Se tember 2022 |
OF GOD-FAITH | FOUNDATION | ||
|---|---|---|---|---|
| RXED ASSETS | 1,394 | 1,700 | ||
| Tangible Fixed Assets | 1-,394 | 1-,700.42 | ||
| CURRENT ASSETS | ||||
| Debtors Cash in Hand/ Bank |
24,553 24,603 |
19,170 19,170 |
||
| CREDITORS: | (250) | |||
| Amount falling due iMthin ayear |
24,353 | 18,920 | ||
| NET CURRENT ASSETS TOTAL ASSETSLESSCURRENT LIABIUTIES |
25,748 | |||
| CREDITORS: Amount falling due more than a year |
10 | ~25 748 | 20,620 | |
| NET ASSETS | ||||
| ACCUMULATED FUNDS |
||||
| Restricted | 25,748 | 20,620 20620 |
||
| Unrestricted | ||||
| TOTALFUNDS |
| 2022 | 2021 | |||
|---|---|---|---|---|
| F | ||||
| Church | administration | 8,680 | 8,495 | |
| Accountancy fees | 250 | 250 | ||
| Other | legal and professional fees | |||
| 8,745 | ||||
| 4.1NET MOVEMENT | lNFUNOS FOR THE YEAR | |||
| 2G21 | ||||
| The net movement in |
funds for the year isstated | |||
| after charging- | ||||
| Depreciation of |
tangible fixed assets | 373 | ||
| Legal 8 | Professional fees | 250 |
| their estimated residual value, over thei |
their estimated residual value, over thei |
r expected useful live | s on the follo | wing basis: | ||
|---|---|---|---|---|---|---|
| Church 8 office equipment | 18%reducing | balance | ||||
| 6.FUNDS | Unrestricted | Restricted | Totai | Total | ||
| Funds | Funds | Funds | Funds | |||
| 2022 | 202'l | |||||
| At 1January | 20,620 | 20,620 | 16,947 | |||
| Surplus/(Deficit) | for the year | 5,127 | 5,127 | 3,673 | ||
| At 31 December | 25,748 | 25,748 | 2062G |
| 7.RXEDASSETS | ||||
|---|---|---|---|---|
| Musical | Fixture s | Motor | ||
| Equipments | and Fittings | vehicle | Total | |
| F | ||||
| Cost | ||||
| At 1 January 2022 | 28,241 | 6,638 | 2,100 | 36,979 |
| Additions | ||||
| At 31 December 2022 | 28,241 | 6638 | 2,100 | 36,979 |
| Depreciation At 1 January 2022 Charge for the year At 31 December 2022 |
26,541 306 26,847 |
6,638 6,638 |
2,100 2,100 |
35,279 306 35,585 |
| Net Book Value | ||||
| At 31 December 2022 | 1394 | 1 394 | ||
| At 31 December 2021 | 1,700 | 1700 |
| 8.DEBTORS | |||
|---|---|---|---|
| Members | Loan | ||
| Others | |||
| S.CREDITORS: AMOUNTS | FALUNG DUE WITHIN ONE YEAR | ||
| 2022f | 2021f | ||
| Accruals | 250 | 250 | |
| Loans | |||
| 250 | 250 |