2023-03-31-accounts

CONTENTS			PAGE
REPORT OF THE BOARD 8 STATEMENT OF BOARD'S RESPONSIBLITIES			2-5
INDEPENDENT	EXAMINER'S REPORT
STATEMENT OF	FINANCIAL	ACTIVITIES
BALANCE SHEET
NOTES TO THE	FINANCIAL	STATEMENT	9-13

						2023	2022
					Notes	Unrestricted	Unrestricted
						Fund	Fund
						R	R
Income
Donations	and	Legacies				134,323	119,746
Expenditure	on
Charitable	expenditure:
Grants and	donation					12,048	12,116
Activities for charitable				objectives		71,164	56,378
Support costs						23,059	29,524
Management		and administration				31,080	26,718
Total Expenditure						137,351	124,736
Net expenditure						(3,028)	I4,990)
Total Funds	brought		forward			31,453	36,443
						28,425	31 453

					2023	2022
						8
				Notes
Fixed assets
Tanaible fixed assets					2,200	3.548
Current assets
Accounts receivable					22,150	24,094
Cash at bank					16,570	12,904
					38,720
Creditors: amount	falling	due	within one year		12495	9093
Net current (liabilities)/assets					26,225	27,905
Total assets less current		liabilities			28,425	31,453
					28.425	31.453
Income Funds
Unrestricted Funds- General			Funds	10	28,425	31,453

		t	jC~A
"aslor	Otuwatoyin	P.Onabanjo	Mr Emmanuel	George
Trustee			Trustee

				2023	2022
				Unrestricted	Unrestricted
				Fund	Fund
2.	Donations	and Legacy income
	Tithes 8, Offering			111,041	98,142
	Gift Aid			21,089	21,344
	Other Income			2,193	260
				134,323	119,746
3.	Grants and	Donations
	RCCG —World Evangelical		Mission	9,598	9,726
	RCCG —Central Office Fund			1,200	1,200
	Habitation	of Hope		550	600
	Other Grants L Donations			700	590
				12,048	12,116

ed 31 March 2023
				2023	2022
				Unrestricted	Unrestricted
				Fund	Fund
				E,
Cost ot ActiviTies for Charitable			Objective
Rent and Service	Charge			46,509	41,211
Welfare/Hardship	Grant			961	4,370
Musical Expenses				11,216	6,200
Honorarium, Gifts	8, Ministerial		Expenses	150	300
Church Social Events				12,328	4,297
				71,164	56,378
Support Cost
Premises Expenses					1,156
Business Rates and Charges				102	1,724
Power, Gas and other		utilities		2,743	4,735
Repairs, Maintenance		8,Renewals		2,326	2,514
Telephone Expenses				1,586	750
Printing, Stationery	8,Postage			1,165	45
Refreshments				111	590
Bank and Credit Charges					173
Travel Costs				5,783	4,453
Other Expenses				9,243	13,385
				23,059	29,524
Management and	Administration
Legal, Professional	and	Consultancy		12,877	3,524
Pastorial Care				2940	2,140
Staff and Admin Costs				15,263	20,606
Training and annual conference Costs					449
				31,080	26,718

7.	Tangible fixed		asse	ts
					Church
					Equipments
	Cost
	At 1/04/22				5,390
	Additions
	Disposal
	At 31/03/23				5,390
	Accumulated		Depreciation
	At 1/04/22				1,842
	Depreciation	for the year			1,348
	Disposal
	At 31/03/23				3,190
	Net Bookvalue
	At 31/03/23				2,200
	At 31/03/22				3,548
					2023	2022
					E
	Debtors
	Accrued Income			—Gift Aid	21,089	19,700
	Tax 8,Social Security				1,061
	Other debtors					2,000
					22,150	21,700
	Creditors less	than		one year
	Accrued Expenses				10,701	938
	Tax 8,Social Security					2,962
	Other Creditors and Accruals				1,794	7,000
					12,495	10,900
10.	Movement in	funds
	Opening balance				31,453	36,443
	Net expenditure				(3,028)	(4,990)
	Balance at 31		March		28,425	31,453