| CONTENTS | CONTENTS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rc(eicnce | anti administrative | details ot' the | charity, | its trusteeA | nnd | advisers | ||||
| Trustee's | report | |||||||||
| fndepcnrlcnt | exmninm's | rqtort | ||||||||
| Statetnent | ol' | Rtnancial | activiues | |||||||
| I2 | ||||||||||
| Italance sheet | ||||||||||
| 13 | ||||||||||
| Nutes Iu the linsncutl | statements | |||||||||
| I'I-21 |
| REDEEMED CHR | ISTIAN | CH | URCH O |
F GOD (R | F GOD (R | CCG | ) RED | EMPTIO | N PARISH |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| can | nue | |||||||||||
| FOR THEYEAR ENDED 31 DECEMBER 2022 | ||||||||||||
| Activities | For Achieving our Objectives |
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| Praying | for the nation and leaders | |||||||||||
| .Pastoral | Care | |||||||||||
| Various | online social activities | |||||||||||
| Financial | and material support among |
members (be your |
brother's | keeper) | ||||||||
| Provision of welfare support to members |
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| Online conferences and events |
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| Missionary anri outreach work |
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| Make our worship service arcessible and welcoming |
to all Christians | and those who which | to know more about faith during | and | ||||||||
| after the | lockdown | |||||||||||
| Planting | online model youth churches | |||||||||||
| Organise | events outside Ihe regular Sunday service |
that reflect community | needs, | faith group and community | cohesion | |||||||
| Organise | seminars online with proven speakers |
and | ministers | of the faith to | guide | members | in the various aspects of hfe including | |||||
| faith, family, career and finanre. | ||||||||||||
| Support | for other charities and Chratian | events | ||||||||||
| Community welfare (in partnership with |
our Central | Office) irrespective | ofreligious | background |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| NOTES | |||||||
| INCOME FROM: | |||||||
| Donations and legacies |
250 | 183,643 | 183893 | 178,509 | |||
| TOTAL INCOME | 250 | 183(i43 | 183893 | 178 S09 | |||
| EXPENDITURE | |||||||
| ON: | |||||||
| Other charitable | activities | 140,367 | 140,367 | 124,727 | |||
| TOTAL EXPENDITURE | 3k-'I | 140,3()7 | 140,367 | 124,727 | |||
| NET INCOMEI (EXPENDITURE) | |||||||
| BEFORE | |||||||
| OTHER RECOGNISED | GAINS AND | ||||||
| LOSSES | 250 | 13,27(i | 13,S26 | 51,782 | |||
| NET MOVEMENT | IN | FUNDS | 250 | 43,27() | 43,526 | 53,782 | |
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought | forward | 96,135 | 191,541 | 287,(i7fi | 233,894 | ||
| TOTAL FUNDS CARRIUED FORWARD | 96,385 | 234,817 | 331,202 | 287,()7(i |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | C | C | f. | |||
| FIXED ASSETS | ||||||
| Tangible assets | 538.144 | 4it 157 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 26,000 | 103,034 | ||||
| Cash al bank and cash in hand | 41 379 | 45 886 | ||||
| 67.379 | 148.920 | |||||
| CREDITORS: | ||||||
| amounts falling due within one year |
~31.047 | |||||
| NET CURRENT ASSETS | :I5.902 | 117873 | ||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 574.046 | 547,03(i | ||||
| CREDITORS: | ||||||
| amounts falling due after more than one year |
~259.3511 | |||||
| NETASSETS | 331,202 | 287 67ii | ||||
| CHARITY FUNDS | ||||||
| Restricted funds |
96,3'85 | 96.i35 | ||||
| Unrestricted funds |
234817 | 191311 | ||||
| TOTALFUNDS | 331,202 | 287,676 |
| NOTES TOTHE FINANCIAL STATEMENTS |
|---|
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| Advancement | Total | Total | ||||
|---|---|---|---|---|---|---|
| of Christian Faith |
2022 | 2021 | ||||
| 0 | ||||||
| V)siring | speakers | expenses | 5.i50 | 5,I50 | ||
| Professional | fee | 44 l9C) | ||||
| Ccnferenr)es | I9,84 I | 19,84 I | I,858 | |||
| Mlssron | expenses | 5,500 | IO.,()50 | S-l,700 | ||
| 74,074 | 74,074 | 70,754 |
| NOTES TOTHE FINANCIAL | NOTES TOTHE FINANCIAL | NOTES TOTHE FINANCIAL | STATEMENTS | STATEMENTS | ||||
|---|---|---|---|---|---|---|---|---|
| FORTHE YEAR ENDED 31 | DECEMBER 2022 | |||||||
| 4. SUPPORT |
COSTS | |||||||
| Governance | Advancement | Total | Total | |||||
| Cost | of Christian | 2022 | 2021 | |||||
| Faith | ||||||||
| 8 | ||||||||
| I'I'cnllses cosLs |
2,462 | 2,4612 | 1,152 | |||||
| ( onuuunlrallon | costs | 995 | 9(95 | 1,012 | ||||
| Other admin | expenses | 25,285 | 25,285 | |||||
| Advertisin8 | arml | publications | o35 | 235 | 311 | |||
| Rep;lirs and nauntenance | 2,642 | 2,642 | 1,504 | |||||
| Till('cllulg cxpcnscs | 3.929 | 3,929 | 30 | |||||
| Sundl)' church | cxpcnscs | 373 | 373 | 4.889 | ||||
| Bank clmrges | 388 | 388 | 73 | |||||
| flank Ionn interest |
payable | 13.168 | 13,168 | 29,250 | ||||
| Voluniccl (vorkcfs |
||||||||
| hlsultulcc | 1,417 | |||||||
| Indcpcudcnt | Examiner's | 1,800 | 1,8(10 | 1„800 | ||||
| I)cpIree iIll!011 | 15,015 | 15015 | 12,535 | |||||
| 1.800 | 64492 | (.2'2 | 53 '7 |
| NOTES TOTHE FINANCIAL STATEMENTS | ||||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31 DECEMBER 2022 | ||||
| 5. | TANGIBLE FIXED ASSETS | |||
| Land and | Other fixed | |||
| buildings | assets | Total | ||
| F' | f. | |||
| Cost | ||||
| At 1 January 2022 |
rcgrJ 727 | 2,700 | 602,427 | |
| Additions | 124 002 | 124002 | ||
| At 31December 2022 | 723.729 | 2 700 | 726 42!I | |
| Deoreciation | ||||
| At 1 January 2022 |
171,110 | 173,270 | ||
| Chaige for Ihe year | J4475 | 15015 | ||
| At 31 December 2022 | 2,700 | 188285 | ||
| Net bookvalue |
||||
| At 31 December 2022 | 538 144 | |||
| At 31December 2021 | ~6 | 540 | ||
| 6. | DEBTORS | |||
| 2022 | 2027 | |||
| f | ||||
| Other debtors | 26,000 | 103034 |
| 7. CRED | ITORS: Amount | s falling due within |
one year | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| L' | 0 | |||
| Bank loans and overdrafts | 29 ()77 | 29,247 | ||
| Accrual | snd deferred | income | I.800 | I 800 |
| SI 479 | SI 047 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | |||||
| Hank Inane | 24r2,844 | 259,30I | |||
| Creditors | include | amounts | falling due after more than 5years as follows: | ||
| 2022 | 2021 | ||||
| Repayable | tty instalments | 141,890 | 141,890 |