## 



## 

|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<br>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<br>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,<br>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<br>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<br>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<br>in|funds|||||
||Opening balance||||31,453|36,443|
||Net expenditure||||(3,028)|(4,990)|
||Balance at 31||March||28,425|31,453|