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||Pages|
|---|---|
|Administrative||
|Trustees report||
|Independent<br>Examiners'<br>report||
|Statement offinancial activities||
|Statement offinancial position||
|Detailed income and expenditure|9-10|
|Notes to the Financial Statements||





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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
|Income Resources|||||Funds 2021|Funds 2020|
|||||Notes|||
|Tithes, offering and Thanksgiving|||||175,608|170,833|
|Gift Aid|||||29,205|20,732|
|Other voluntary<br>income||||||7,954|
|Bank interest received||||||25|
|Total Income Resources|||||204,813|199,544|
|Resources Expended|||||||
|Missionary<br>and charitable|giving||||34,071|30,520|
|Direct Parish Expenditure|||||131,890|146,517|
|Management<br>&Administration|||ofCharity||2,455|2,589|
|Total Resources Expended|||||168,416|179,625|
|Net Income and outgoing||resources|||36,397|19,919|
|Net Movement<br>in Fund|||||||
|Adjustment<br>Unrestricted||Fund Balance|||||
|B/FWD|||||385,714|365,795|
|Unrestricted<br>Fund Balances C/FWD|||||422,110|385,714|





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||||||||Total this year|Total last year|
|---|---|---|---|---|---|---|---|---|
||||||Notes||f|f|
|Fixed assets|||||||||
|Tangible assets||||||3|454,549|446,314|
|Tota I fixed asset|||||||454,549|446,314|
|Current assets|||||||||
|Debtors|||||||||
|Cash at bank|and in||hand||||41,941|41,089|
||||||||41,941|41,089|
|Creditors: Amount||falling||due within one year|||27,935|1,700|
|Net current|assets||||||14,005|39,389|
|Tota I assets|less current|||liabilities|||468,553|485,703|
|Creditors: Amounts|||falling due after more than||||||
|one year|||||||46,444|99,989|
|Total net assets or||liabilities|||||422,110|385,714|
|Funds ofthe|Charity||||||||
|Restricted income||funds|||||||
|Unrestricted|income||funds||||422,110|385,714|
|Revaluation|Reserve||||||||
|Tota I funds|||||||422,110|385,714|





||||Unrestricted|Restricted|Total Fund|
|---|---|---|---|---|---|
|Income and Resources||||||
|Tithes, offering and Thanksgiving|||175,608||175,608|
|Gift Aid|||29,205||29,205|
|Other voluntary<br>income||||||
|Bank interest received||||||
|Total Income Resources|||204,813||204,813|
|OUTGOINGS||||||
|Missionary<br>and charitable||giving||||
|RCCG central office|||960||960|
|FOL|||640||640|
|Other mission &charities|||1,500||1,500|
|RCCG parishes|||1,645||1,645|
|WEM|||26,326||26,326|
|Region/province|||3,000||3,000|
||||34,071||34,071|
|Direct Parish Expenditure||||||
|Ministry:||||||
|Honorarium|||8,610||8,610|
|Wages &salary &taxes|||45,109||45,109|
|Resident Pastor (Thanksgiving)|||5,370||5,370|
|Church - running cost:||||||
|Mortgage interest &other||loan|2,357||2,357|
|telephone<br>and multimedia|||2,760||2,760|
|Repairs & maintenance|||1,267||1,267|
|Printing<br>&Stationeries|||336||336|
|Welfare and charitable|activities||300||300|
|Book, communion<br>etc|||843||843|
|Utilities|||5,865||5,865|
|Vehicle running<br>cost|||1,764||1,764|
|Cleaning|||733||733|
|Conferences<br>&training|||5,130||5,130|
|Accessories||||||
|Insurance||||||





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|Admin|||3,295|3,295|
|---|---|---|---|---|
|premises|||||
|Entertainment|||||
|Petty cash|||||
|Choir, Youth|&Children||300|300|
|Travelling<br>expenses|||1,687|1,687|
|Musical production|||||
|Installation|costs||879|879|
|Depreciation|||47,049|47,049|
||||131,890|131,890|
|Management|&Administration|of|||
|Charity|||||
|Professional|and Consultancy|fees|2,400|2,400|
|Bank charges|||55|55|
|HP interest|||||
||||2,455|2,455|





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|Depreciation|has been provided atthe following rates on areducing balance method.|has been provided atthe following rates on areducing balance method.||
|---|---|---|---|
|Equipment|||25O/0|
|Church Offices, Fixtures and Fitting|||25O/0|
|Furniture's<br>S.computer|||25O/0|
|orVehicle|||25'/o|
|2.Operating|Profit|2021|2020|
|This is stated|after charging:|||
|Depreciation|ofowned fixed assets|647,049|f42,545|





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|3.Tangible<br>Fixed Assets||||
|---|---|---|---|
||Land and|||
||Buildings|Equipment|Total|
|Cost/Net<br>BookValue||||
|As at 1stJanuary 2021|666,673|134,423|801,096|
|Addition<br>rimprovementjduring|57,460||57,460|
|the year||||
|Disposa I/ written off||||
|At 31st December 2021|724,133|134,423|858,556|
|Depreciation||||
|As at 1stJanuary 2021|239,280|117,677|356,958|
|Depreciation<br>charge for the||||
|year|30,303|16,746|47,049|
|Disposa I/written<br>off||||
|At 31st December 2021|269,583|134,423|404,007|
|Net Book Value At 31st||||
|December 2021|454,549|0|454,549|





||||||2021|2020|
|---|---|---|---|---|---|---|
||||||f|f|
|4.Creditors|amount||failling due within||||
|one year|||||||
|Other creditors-Accountancy<br>fees|||||600|1,700|
|Bank loan|||||27,335||
||||||27,935|1,700|
||||||2021|2020|
||||||f|f|
|5.Creditors|amount||failling due more||||
|than one year|||||||
|Bank loan|||||46,444|99,989|
||||||46,444|99,989|
||||||2021|2020|
||||||f||
|6.Unrestricted||funds|brought forward||385,714|365,795|
|Adjustment|unrestricted|||funds for the|36,397|19,919|
|period|||||||
|As at 31st December|||2021||422,110|385,714|
||||||2021|2020|
|7.Staff cost|||||||
|Ministers<br>renumeration||||&others paid|||
|in the year|||||45,109|53,637|