THE REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG] WINNERS TEMPLE Charlty REG.No 1084773 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022 MOSES.BOLE &CO CERTIFIED PROFESSIONAL ACCOUNTANTsrrAX ADVISERS & BUSINESS CHARTERED MANAGEMENT CONSULTANTS Unit 4L, Leroy House Business Centre 436 Essex Road Islington London N1 3QP Tel." 02077042525 Fax: 02073542035
THE REDEEMED CHRISTIAN CHURCH OF GOD- RCCG WINNERS TEMPLE CONTENT Trustees and Advisors Trustees. Report Independent Examinor-s Report to the Trustees Statement of Financial Actmtles Balan¢• sheet Notès forTning part of the Flnanclal Statom•nt 7-18
THE REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG] WINNERS TEMPLE LEGAL AND ADMINISTATIVE INFORMATION Genaral overseer: E.Mdeboye Trustees: Pastor Y Bamgbose Pastor T Eniola Pastor Y Odogwu Pastor A Adeslna Pastor M Afolabi Registered Office: 30 Wagner Street London, SE15 1 NN Minister In Charge: Pastor Samuel Oladele Bakare Charity No 1084773 Bankers Barclays Local Business Banking Leicester LE87 2BR Accountsnts OSES4OLE&CO CertIfd Prof•s5ional Accountants and Buslnoss Chart*r8d Management Consultants Unit 4L, Loroy House Buslness Centre 436 Essex Road tslington. London N1 3QP
THE REDEEMED CHRISTIAN CHURCH OF GOD[RCCG] WINNERS TEMPLE - TRUSTEES REPORT FOR THE YEAR 2022 The Tnjstees have pleasure in submitting their report and accounts for the year ended 31st Dernber 2022. The financial statements have been prepared in accordan with the accounting policies set out on pages 7 to 8 and comply wtth the statement of Recommended Practice (SORP), issued 16th July 2014, and tr Charity Act 2011 applicable law. Ob'ective and Activitfes The prlncipal objective of the Charity is the advanment of the Christlan faith worldwide and relief of poverty The Trustee5 are delighted to report that the Church continue to be flourishing spiritually by mlnistering to its community in the UK. The church is growing in term of membership and is increasingly reaching out to the community. Structure Governance Ma Constitution The Charity is consi)tuted under a Trust Deed dated 29th January. 2001 and Charity registration Number 1084773 on the ntral register of the Charity Commission of England and Wales. Method of A ointment or Election of TnteeS The management of Ihe charrty is the responsibility of the Trustees who are elected and co- Opted under the term of Trust Deed anlsatlonal Slructure and Declsion Makin The church is organised so that the trustees meet regularly to manage its affairs. Two Mink8ters who manage the daY-tdaY administration of the church and two volunteers(Drummer and Keyboardist), Achlevement and Performan We continue to be more focus and greater success were achieved in the area of evangelism and community outreach. During Christmas we provided hampers for some of the less privilege people in the local area and aEso sang for a group of elderly. We held weekly Sunday services for members and also held one for the Children's church which has now grown in the overall number attendees. The Church has successfully organised all the conferences it planned, such as Men and Women conferences. There a other uplifting actEvities that were organised during the year. such as fun day for the youth and the Christmas celebrdtion. Future Develo
The Church will conb'nue to explore various ways of spreading the Gospel of Christ in an effectivi manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in society. Plant more parishes, and )ntinue to support the existir Projects. Review of financial Positlon The net incoming reSoUS for the year amounled to £ (Year 2021£ ). AJI these have been unrestricted reserve and no fund is allotted to restricted projects. Risk Policy The Trustees have assessed the major risks to which the Charity is exposed. particularfy those relating to the operab'ons and finan and are satisfied with the risk management System in pla to mits'gats any risk exposure. Reserve Pollcy The trustees have established a policy whereby the unrestricted nds not committed or invested in tangible fixed assets [the free reservesl held by the church should be 3 months of annual expenditure. We are confident that with every precaution tsken and also considering the pa of growth in the Charity's operats'ons and finan, we would be able to sustain the current activities of the church in the event of significant decrease in funding. Principal Funding This is provided mainly through voluntsry tithes and offerings by the church members and through Gift Aid scheme. Realisable pledges are also taking for specific projects Approval This report was approved by fhe Board of T stees on Secretary."
MOSES-BOLE & CO INDEPENDENT EXAMINEWS REPORT TO THE TRUSTEES REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE I report on the accounts of the chaity for the year ended 31st December 2022, which are out below and notes to the financial statements on pages 9 to 19 Respective responsiblllties of Trustees and Examiners As the Charitls Trustees you are responsible for the preparation of the accounts; you consider that an audit is not required for thi5 year (under section 144121 of the Charity Art 2011lthe 2011 act) and that an independent examination is needed. It is my responsibility to Examlne the account lunder settion 145 of the Artl,. follow the procedures lard down in the General Direttions given by the Charity. Commisslon (under section 145{5) Ibl of the 2011 Act and State whether particular matters have come to my attention. Basis of Independent Examinerfs report My examination was carried out in accordan with the general directions given by the Charity Commission. An examination includes review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also include5 consideration of any unusual items or disclosures in the accounts and seeking explanations from you as the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence thatwould be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. Independent Examlnerfs Statements In connection with the examination. no matter has come to my attention:_ 11 Which give me rea9)nable cause to believe that in any material respect the requirements To keep accounting CordS in accordance with section 130 of the 2011 Act,. To prepare accounts which accord with the accounting records and to complywith the actounting requirements of the 2011 Act have not beèn met or 21 To which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached Moses O E Igunnubole, &VI IHONSJ, FAI4 CPF4 FF4 RP4 FT4 FCP4 FL Managing Princlpal MOSES-BOLE&CO Chortered Certified ForensicAccountont Certified Professionol Accountonts/fa and Business Chartered Management Consultants T¥ l 4410120 7704252$ Enwli [erOyFge BuSinE55CeDnE.Unit ij. .'+HIOI 2073542035 Wb
THE REDEEMED CHRISTIAN CHURCH OF GODtRCCGFWINNERS TEMPLE STATEMENT OF FINANCNL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022 Incom• and endowments from: Donath"ons and legacies Ch8ritsble activities 1.998.56 196.998.56 198,039 1.998.56 196,938.56 198,039 R•source6 exponded Expenditure o Dirert Cost Support Cost GOverrnar Cost Total 107.348.59 74.175.44 1.955.¢J) 183A79.03 107.348.59 74.175.44 1,955.(X) 183,479.03 144.775 50.205 1.955 196,935 Not mov•monl in fvndg 11519.53 13.519.53 1,104 Total funds txought foThvard Net movement in funds as aL Ttstal funds carried forward 314.747.02 13,519.53 328.266.55 314,747.02 13.5T9.53 328.266.55 313.643 1,104 314.747
THE REDEEMED CHRISTIAN CHURCH OF GODtRCCGJ-WINNERS TEMPLE BALANCE SHEET AS AT 31ST DECEM8ER 2022 Last Furvjs FurKJ5 Pd$ Xed as%ts Tangiblè assets Total fixed assets 315 71034 315.77024 315 rn1.34 30D 142 315.770.34 3LMJ 142 Current a55e15 Cash 8t bank and in Totsi ass&ts 10 16.73621 16.73621 16 73621 CrndIt amtyJntstslllTrJ (*u8 tri 1 >f. 4.240. 4240.00 4,425 Net¢uent asseIllabIlitiesI 12 49621 Totsl aèsets Jrr8nt Ik1kn1ts"&9 Crpditors.. amounts falliw due aftw 1 . PrevisiorB for liabile5 Total netoss8ts 328 314 942 Fund¥ ofth• Charlty Unre$iri¢ted funds RBvaualion reserve Totsl fund¥ 32828855 314.942 ¥28,286.55 314 942 Signed by0¢£ trusfees w behafofdl tstru%tee&.' D8ts ofapprDval'. Prtnt Namè". (I" Q .
THE REDEEMED CHRISTIAN CHURCH OF G0D[RCCG]-NNERs TEMPLE NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022 1.1 8a¥ls of a¢¢ounti at (Y)5t or transa¢It£ vak unless otrrww ststed in the rdevant notelsl to these The accnts have been prepared in accordarte writh the FIalKIal RerKKb'rvJ Statylard applotle the UK and Rgpub¥c of InLqrKI IFRS1ff2} Issua on 18 Juty 2014 and Charii6s Ad 2011 and th8 Chanfy coThstitut85 a PL** b8n8fft as tJvfm•J by FRS11Y2. 1.2 Golthg ¢onc•rn 1.3 Chawo of ae¢•untlng pollcy accounts presenl a true arx1 fatr the af1nl¥j pJlKi8s Iho% oulined in tho note wEth thange in 1A Chang8S to a¢¢ounllw wtlmat•¥ No ch8nues to acownb'ng estimates have ocoJrr•J in tt¢ KWKXJ {3.46 FRS I2 SORPI. 1ll5 Materlal pvioryear •VTOrn ) matèdd thor 9)r iwn Ihe rEpNkng perityJ13.47 FRS 102 SQFH.
THE REDEEMED CHRISTIAN CHURCH OF GOD4VINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2022 Note 2 Accounting policies 2.1 RECONCILIATION WITH PREVIOUS GE14ERALLY ACCEPTED ACCOUNTING PRACTICE There is rK) change in accwnung prficy in this perknj 22 INCOME This standard list of ting w)IiLY85 h88 b88n aprAl by th& chanty &xcaptfortlw No or 'Nla" Where a drf1ent or additional lIcY has been attywJ then Ihis is detsiw in the tKx bgk)w. Recognltlon of in¢0 These are included in the Statement ol FinaAal ¥1S ISOFAI wln". . th8 charity bae& enlthd ¢0 the rer{s". ' it is more likety Ihan notthat Ihe trustee5 rENe the res[.. and . th9 monew value can bo rneasuTrd ¥th suffiLaent rElkgtilty. Offsettlng Ther has been no offsotlkng ofassets and batmbbes. ¢xuK¥Jme 8ThJ expens8S. Gvanls and donatlons Grants and donations are only 1ndthI In tho SoFAwhgn th& g8nwal inc£•no Wnlts. L¥i18ri8 ar8 mel15.10 10 5.12 FAS 102 SORPI. In the cas& of perforn8nf lated grants. lrn>)m6 must£ty bè rvc£¥Jnfrs8d to thè exlentthatth8 charity has proded the $pets goods or 58rwces as entiuemeftt to th8 granl orty 0([5 vth8n the perfomiance rdated CDndth"on5 are rnet15.16 FRS 102 SC£PI. Lo9aclo5 There is no legacy red thJriThJ this p8nTh1. No govemment grant was rncsiv8d during tN5 WK>J. Tax reclalm• on donatlons and glft Grft receivabk is indu¢Sed in Intr) when ther8 E a Yalid (kndarabon frr)m the d0. Any Gsft Aid amount recov8r8d on 8 is (ubsKlej lo be part of that gtft anrs ks treatwj a5 an addlbon to the Same fund as Ihe kn81 d(x)ation ufi1 the thnororth8 t8rms ofth8 8PP881 have specified othse. This Is not aprAIe Donated goods There is no donated good. Dothated ¢r¥l¢a and fa¢Kllie¥ Dw8ted service5 and faultbe5 are induded in the SOFA th8n recs¥•J alth8 value of th8 gift to the charity provided the valu8 ofts grfi ran b8 measured "ably. ac2t&d Serv88 an(5 fatilthes that ¢w$Urr irnmgdiety a as ith an 8quivalent amount recognised as expense urMYertr oppropriate headiry in the SOFA. Support cost The has irKurr8d exp8Th1riur8 on surwt ¢xots.
Volwteor help The value of arEy voltary hdp we1¥&j 15 rJt ind(thd in tha atsx)unts trt is in the tru$1888' annual reFK¥t. Not applicabl8 during thi5 period. Income fvvjm mernbor¥hlp subscrlploo rithes and offering receiveé I[n ttE members are in Ihe r•tyre ora grft are re(wnW as Donations. and Legaoes Setllemont of clalm Insuran¢E Gkim5 ar8 indwjed in SOFA %•fien the gen•d r8o)Jnthw (xiteri8 ar8 m8t15.10 to 5.12 FRS 102 SORPI arJ a iDdudgJ as an rtem (Other ino)me in the SOFA. Inv•stm•rrt galn• and Joss• This Includes any reallsod unrealised gains cfj108ses on the s ol 1n¥eSb7ts and any gain or loss resulting from rdluing in¥estmerts to market valuo 4t th8 8nd of year. 2.3 EXPENDITURE AND LIABILrriES Llablllty vecognlllon Liabilities are recognised there it is rrKKe likety than ncl tlthere is a bJal OT O)nstnKti4 Obl81) commiltyn9 the charlty to Pay OLrt r8wwre5 aryj the amoutrt ofthe Can be measured wlth reasonable certainty. compris? all CA)sts Invol1 publK of Ihe charty and rts ctsnpa8 4th 8ThJ praeb'ce. Support costs Indude r[al fijnCt hav8 been Jkn(•ted to acamty cx)st t¢gLg on a bws ¢onsist8nt With the e ol r8swr¢es. eg aIlLatiJ property Iljorareas. c p8r r4xla, Staff costs by the tsme Spent and other (Osts by their usaoe. The Charty is not 8warding ant to any (wyani58bon Orants payable wftho¥l p•rfOrnwIe ¢•MditiOn8 Whew thore are no conditions attxhing to the grdnt that eftab the d¢)nLYtharty to $181 avoid the comrnitmenL a liability fortro full furKJiw rt4gaI"c must reC¢4nJ. Redundancy $t The charity madè no rtdur¥Jarry paymerts during the rting No rnat$ro1 item of dafer i[rE has been irKJded in the accxJnts. The charity has crgjitors vthi( arB m8a8uTh1 at tderneth less any IJe di8counL8 Prnvlsl•ns for li•bllOtIos A liability 15 measur8d on recognitw at its histOriLI co and 5ubsequendy measured at tha best e5tirnate of the atnount reqtjired to 5etll8 the obligation at the rewbng date aasl¢ flnanclal Instrumonts The Gharity accounts fcK bas finanoal in5trum8nts on inrt¢l rBcognil)n as w parngrnph 10.7 FRS 102 SORP. Sutssequ8nt rrtsasurwrnnt is as per paragrap 11.17 t 11.19. FRS 102 SORP.
2.4 ASSETS Tanglblt fixed assets for by charlty These are rapilali59d if they can bg used for more th on8 y88r, arf $t at least They a v81u8d at cost. Th8 d8precotion ratss and mett)ods used 8re disdosed ill note 7. Intrnglbl• Ilx•d assels Tho Charity has no Intanglbla fflxed assets. that L8, mTrnTronetary assets that do rth havo physical 5ubstsnc& but are identifiable and are controlled by the chaity through custody or legol rights. Th8 thtnortisation rates and methods used are disclo* In note 7. Th8y ar8 val4 at cost Herlta90 assets The charity has no heritag8 assets, that is, non-mon8tsry assots wth hisiori¢. ar$t[c. $cientffic, techndogi(al, geophysical or virOn[neI8l qualities that are held and m81ntain8d principally for th8ir ContritK)n to kno1dge 8nd cultu. The depreclafjon ratès and mothod$ used as di5cIo8ed in note 16 is not 8ppli¢8bl¥ during this peri1 but rf availabK8 theyare valued al cost Investments Fixed asset investments in quoted shares. traded bonds an(J Similar investrnents are v8lued al InitlY at cost and subseouenly at fair value Ilheir rnark8t value) at the year end. The same treatment is applied lo unlisted investsnents unless fair value cannot bg rn8a5ur8(I r81iably Sn which case it 1$ measutyd at cost18ss impairment. Inve$trnents held for r8sale or pending thelr sab 3nd c88h and cash equlvalents 1th a maturty date of less than 1 year are treated as currÈnt asset investments Debtors Dablors linduding trad8 debtors and loans recewablel a measured on initial recognition at setuemenl amount after afty trade discounts or amount advanc8d by thg ¢harty. Subs8quently. they a moasur8d at th& cash or oth8r con$ideratiDn expected lo be receivad. CuTf•llt a8SOt In18 The charty has has investments which It hold5 for resal8 or pending their sale and cash and cash equivdl8nts with a maturity date 18ss than one year. Th8$e Include cash on dèposit and ¢ash quival8nts wrth a maturity date of k55 than one year held for investrnenl purposes rather than to m8et short tgrm cash cornmitm8nts e$ th8y fall du8. They are valued at fair valu8 except whgre they qualify as bas1¢ financiql in8tnJrn8nts. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE There is no any other poli85 adopted. io
THE REDEEMED CHRISTIAN CHURCH OF GOD4YINNERS TEMPLE NOTESTO THE ACCOUNTS CONTINUED FOR THE YEARENDED 31ST DECEMBER 2022 Afi•l8 ol Incom• Not• 3 Anoly•l¥ Unreslrttod Inrome Endowm•nt FundB Funtl¥ Funds Total Funds FunLts [k)natn58d9M Grft Nid Thank89fvkng BuildirvJ Other Total le1,6.36 34,346 83 I61,6.26 34.346.63 161,009 34.650 1 018.57 1,018 57 196.99&56 2.380 198.039 ¢hBrSt•blo aetlvltl•s: Olher Totsi TOTAL Ile¢OME 196,998.56 196,998.56 198.039 Other Inlwm•tl•tt: All tnGome ITh th• ptl•r ywr w¥ yr••tflct•d f4r. (Plea pr•vld• d•scrolOn NmDunts1 TMwr• fund Is Int• Ihcomo In th• vwrtlTrJ perlo4 pl••• #lv• th• withln th• Incomo It•m obov• tho lollowltyy It•rn •rn mat•rl•l: Ipl•Me thclo* t1 natur amount and pvloT y•ar amoyrf¥l¥ NOIIE
THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2022 Note 4 ATralyAl• ot •¥pdItr R85tr1cteil unreStctsd income Prlor AnNly¥ls ol gxp8ndltsr• EndowmBF T)tal Fund$ year Fund5 Funds Fund Funds Grft Aid Admin Charges Central Office Oulr88ch IEY8ng8lL%ml Wodd Evangelism Hoftourariwn Welfare & Hospitalty Spgcial Holy Ghost Eynsas Slipendsl AJlowance81 S81arie5 Choirl K&y Boar(V Music Ex95 B(KJksl CD Tapes Childrenl Teen8gel Youth Isunday Schor Trainingl Conferencel c($1$61n8rs Smart Pension 3,778.13 7.815.00 439.00 7,585.12 2.800.00 9,246.00 2.(YlO.00 45.464.67 12.970.00 300.00 475.00 290.00 5,918. 8,269.67 3.778.13 7.813.00 439.00 7,585.12 2.800.00 9.246.00 2.000.00 45.4e4.67 12,970.00 3,812 7.507 275 5.248 3.450 12.503 2.000 e9,548 14,191 650 3,085 235 3.240 19.031 475. 2.(M) 5,916.00 8.269.6T HMRIPAYE & NIC I 107,348.59 107 348.59 SUPPORT cosr Cl88nin9 & P881 Control Lknnalions, Gits & Sub5(rptions Water Rate Media Expenses SeGurily Repair8, m8lnlen8nce 8fKI Rèr*wal$ Printing, Postag8 and Stationary Tdepthr CompLrterCosV ITISofvare Ey8ns88 In5urancelParklnglLic8nces TransrNJrt & Tr8vel Expenses Consultancy setvices Advancement 4rKI Promotion Bank Charges Refrgshmenl arKI Entsrt8inment Deprecialion Eleclricty, Gas.Fuol and Oil Manse (Accommodation) Covid-19 Exp8ftS8S Fual & Motor xpèn$e$ Ewipment Expensed Rentals 1.356.90 3.501.07 542.69 1,520.02 115.(M) 9.499.05 2.240.65 1.181.97 165.00 1.439.33 9.734.77 1.600.00 125.99 557.34 987.06 11.654.59 2.936.29 23,952.72 89. 816.(K) 95.(NJ 65.( 1,356.90 3,501.07 542.89 1,520 02 11500 9.499.05 2.240.85 1,181.97 165.00 1,439.33 9,734.77 1,600.00 125.99 557.34 987.06 11.854.59 2,936.29 23.952.72 913 3,10S 293 315 120 10,610 1,788 2,239 228 4,185 7.104 210 1.029 1.569 9.012 2.846 586 2.017 105 332 816.00 95.OD 74175.44 74.17&44 50.205 TOTAL EXPENDITURE 181.524.03 t81.$24.03 194,9BO 12
THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2022 Note S Detsi ol certaln Items of •xp•ndllyre 5.1 Fees forey8mination ofthè xjnts Pl8a8t wovid8 dglails oflhe aKxt pavj *yS1&Jknry ofXwnty•l 0lh8r 5eMces ¥Movid&J iWwNhnt9¥2min8r. t1 8rtsr17 in ttE awDwiate bc>X(e51. Year isst Y•ar I8pondent gX3min8rfs fees Legal & Professi1 Fepslsubsryts 610. 610 Texadvw 1888 B(x)kketrrwJ P3 iothe indeFerKlwrttrY£ffH 1.345.(Kl 1.345 1.955 13
THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2022 Note 6 Pald employees ease complete this note rf the charity has any eMpyeeS. 6.1 Staff Costs This Year Last Year Salaries and wages Social security cJJsts Pension costs (defined Other employee benefrts Total staff costs 69.417.39 8.269.67 5.916.1Xl 69,&18 19.031 3,240 83,603.06 91,819 Please promde details OfeXdrtUre on staff working for th8 tharity $8 ntracts are with and are paid by a related party Please give detsils ofthe number of employees whose total employee benefits (excluding eM0Yer pension costs) fell wihin ea¢* band of £10.OIK) from £60,000 upwards. If there ar8 such transaetKffts. please enter Irue, in the proded. No employees received ernployee benefits (8xduding employer pension wstsl for the reporting period of more than £60,(KJO Band £60,000 to £70,000 to £80,000 to £90.000 10 £100,000 to Number of employges NIL NIL NIL NIL NIL 14
THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2L122 Note 7 T#ngible flxed a¥sets Freehold mxhirwy F1[95 & IwildirvJB At the Wirdng dthe y 273.1{.58 37.8765) 41.925.07 352.WB.15 AtJitions 7,7[KI. 19.W.82 27,282.82 D55posaL8 At end of the year 280,806.88 57 41.925.07 380,1W.97 7.2 Deprec6atlon impaSrniebtt& -Basis Ft88hdd Property Motor Vehide Fixtures & Fitbng5 Church EWipnI puter Equi R•thJ¢iwvJ Bak7r 25% Re(knorvJ BaLqrxx Al b8ginrNng of Ihe year Disrosals DepreGiabon Impairmenl Tr8nsfers' (Ath or Deduct) At end of the year 20.938.34 31.827.70 52.766.04 9.1x125 2.524.34 11.654.$9 ,(fj8.59 34.352.04 64.420.63 7.3 Net book valuo NÈt tM)Ok v81ug at the beginniTrJ ofts Yr. Net book valtsE at Ihe end ofthe yoar 273.108.58 16,938.16 280,80&58 27,3S¥J.73 10.097.37 -03 300,142 11 315.770.34 7A Im[1nt reveTs& ofan Immt bss. 1&5 RevaluaOn Ifan accounting pdKy of malLA1K apbJ. th8 eff1Ve date ofthe r8valLD th8 n8m8 of independent V81utr. rfapr4K lil Pkne slate the atnwnt of tr•)rro1 Karty. the fAwr ofNe fryed assets and the i¥thli8kn re d. Illl Detall8 oflhe 0stanCe and 8mcqJnts ofprcwty. arKI HrtotI charity ha5 restricted Ill trthat are a5 sevjrty liilth5. ' Heasè inditxte th8 Mat of dek¥ec48liC by ddelir4J the metrK¥J ntrt ISL= strayat rin&'. RB- reduurvJ b8nts1. Aso pleas8 rate ofd4Thi*w.' ts str4hE line. what is the 3ntripat8d Ima ofthe 8558t lkn ywsl". Warre. ¥th8t is anr• doduclbn. 15
THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2022 Note 8 Credltors and accruals Pleasè complete this note if the charity has Y (x¢(kn NaCCaL. Amounts falling due after more Ihan onè yoar 8.1 An4ty5is of credltors knounts falliThJ thje within Or year Accruals and delerr&Y incomg Others Total 4.240.IXI 4,820 16
THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2022 Ntst• 9 Provisions for Nabllltles and chary•s flease Complete this te rf have irKludI in charity 8xpeNJiture any provisM8. A provision is made then the charity ha5 a I111ty of uncwtiin trnrrmj orarrwrL 9.1 PIEa50 pro¥ld•'. . a bitffdescription ol any ot4Worn% on ts barte sh1 arThJJnt and bming of wultiThJ Parts. . an indIon ofthe uncertatnbe5 about the arrKxJrrt tt"MI4 - an indication ofthe uncertaiTrb"es the amjnl 11)56 w11kn,. a1 . the amount ofany exp TeKntrrsrn8rt StstirvJ ts 8rTrJJrrt ofany assetthat has bgan rEcowSsed for that ¢xp¥ted r81mbuernenl 9.2 mOrnents In rocoyn150d wov151oTrB and fundlny comMknrt durfng the pDdod Th1 Year Last Year Balance at the start of the POrting [Kj Amounts add8d in rrent Amounts tharged against the provis&)n in the currentP8fiLJ Unus8d 8mounts reve during the p6ricd 8&lance at the 8nd of th8 resyyb'ng periLJ 9.3 For 8ny funding 0)mmitml that 1$ as a Ik8blty or PThKle details ofcommlbnent made. the lime frame of that c(xnmthiefit. any performanctrTrlatsd wrKJtbons details of how the QJfflSTMtffni will be luTrJed lilh uxtracts wtal eypeThYiJJre separatdy Idontifil. 9.4 Where unresthcted fiJnd5 fAve twn dsswJn8ted to a fvnd ryThmitmert F48aset1isdrtse th8 naiure ol any amounts degnated ar1 thè lik8ly b"mirvJ Lrfltt eXp8r*artU. 17
THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS TEMPLE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2022 Note 10 Cash at bank and in hand Thi5 Year Last YeaT Short tsrm d8posits Cash * bank aThJ on hand Total 16.039.04 697.17 16.73621 16,997 2.228 19,225 18