2021-12-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE Charity REG.No 1103374 FINANCIAL STATEMENTS FOR THE YEAR ST ENDED 31 DECEMBER 2021 MOSES-BOLE &CO CERTIFIED PROFESSIONAL ACCOUNTANTS & TAXI ADVISERS & BUSINESS CHARTERED MANAGEMENT CONSULTANTS Unit 4L, Leroy House Business Centre 436 Essex Road Islington London N13QP Tel: [phone] Fax: [phone]

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD-S VINE CONTENT Pa Trustees and Advisers From Page 2 (4 Sheets) Trustees. Report Independent Examiner"s Report to the Trustees Statement of Financial Activities Balance sheet Notes fomiing part of the Financial Statement 5t018

THE REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG] WINNERS TEMPLE TRUSTEES AND ADVISERS Minister In Charge: Pastor Ade Oluwayinka Trustees: Samuel Oladele Bakare Adeolu Adewuyi Secretary: Registered Office: 111 Brockles Mead Harlow London, CM19 4PX Charity No 1103374 Bankers Barclays Account: 00667854 Sort Code: 203698 Accountants: MOSES-BOLE &CO CERTIFIED PROFESSIONAL ACCOUNTANTS/ TAX ADVISERS & BUSINESS CHARTERED MANAGEMENT CONSULTANTS Unit 4L, Leroy House Business Centre 436 Essex Road Islington London N13QP Tel: [phone] Fax: [phone]

THE REDEEMED HRISTIAN CHUCH OF GOD-THE LORD'S VINE TRUSTEE ANNUAL REPORT FOR YEAR 2021 OBJEcfivES AND AcfiviTIES The Objerts of the charity are: Advancement of the Christian faith. The relief of poverty The charity pursues these objects through a place of worship located at Ward Hatch Harlow Essex. The charity activities are Christian Worship, Christian outreach programmes to increase Christian awareness and to spread the gospel of our Lord Jesus Christ and the development of the whole man, spiritually, mentally and physically. The year 2021 has continued the implementation of meeting her objectives of furthering the Christian faith and alleviating the suffering of the people generally, irrespective of their race, background, sex or faith. In determining how best to pursue these objects the trustees have had regards to the charity Commission's guidance on public benefit. ACHIEVEMENTS AND PERFORMANCE The 2021 financial year was a period the charity was just emerging from the momentous and unprecedented challenge of the covid-19 pandemic. Due the lifting of most of the lock-down restrictions we were able to resume holding some of our programmes and events physically while some other programmes still continued to be presented on line. As a way of alleviating the suffering of the members and the community, we still continued to provide help and assistance to the need. The Charity assisted the families and individuals that lost their jobs as a result of the pandemic. We continued with our regular help and assistance to the community. We provided support to the elderly in the community by offering care, social and recreational services to local elderly residents in Mark Hall area of Harlow. We also undertook visit to the homeless and the hospital with donations of money and relief materials. STRATEGY To be able to pursue her objectives the charity mobilized its various departments to support the activities of Church in this regard. The events and programmes which helped in the building of relationships with the community were held during the year.

These departments include: Children Sunday School, Men of Honour, Good Women Fellowship, Youth Ministry, Prayer and Intercessory Group, Evangelism Group, The Vine Voices (Music) and Media Department. The events and programmes which helped in the building of relationships with the community were held during the year. The events organised include: Church annual seminar and community empowerment We organised Christmas Carol and Party for members and the community. This was well attended by people in the community. In the of month May we had good Women conference, which involved reaching out to women in the community. We had local Youth Variety Weekend aimed at discovering hidden talents among the young people in the community. We held youth community evangelism drive. This is organised to create awareness among the youth in the community. The Pastor along with welfare Team visited the Street-to-Home Charity in January to donate money and welfare materials to homeless people. We had a programme tagged 'Men of Honour, conference targeted towards ministering to and empowering men in the community. The children Church raised money to support Save the Children Charity, Cancer Research UK, Princess Alexandra Hospital Harlow. Food was donated to Food Bank, Harlow. The Charity continues to provide financial support to the Festival of Life prayer event held bi-annually in London. In the month of November, we organised Children in the community weekend Church yearly conference aimed at empowering the adults in the community was held in September. Jesus in the Community Programme took place in December involving distribution of food items to the homeless people in the community. RISK MANAGEMENT The Trustees have conducted a review of the major risks to which the Charity is exposed. Risk register continued to be used to identify the major risks by area of attivity, the nature of those risks, the likelihood of the risks happening and the measure taken to manage them. The Trustees review the risk register regularly at their meetings and are satisfied that systems are in place to manage the risks that have been identified. In particular, Insurance cover is in place and the finances of the Charity are kept under review. Appropriate Disclosure & Barring

Services checks (DBS), supported by regularly reviewed policies are conducted for all those who work with the children or other vulnerable groups within the Charity. Internal controls risks are minimised by the implementation of procedures which are in place to ensure compliance with health and safety of members of staff, volunteers, clients and visitors to the Charity. We are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. FINANCIAL REVIEW The trustees are aware of the provision that a reserve policy must be in place to maintain a target balance of three months worth of fixed operational costs at any given time for the purpose of ensuring the operational delivery of its charitable objects during an unforeseen downturn in income. Therefore, we have provided not less than fifty thousand pounds in our account aiming to generate more income for further expansion. The Charity's principal funding source continuous to be the individuals who attend church services and make contributions in the form of freewill offerings, tithes and other voluntary donations. The donations also offer the opportunity to make claim under the gift aid scheme. STRUCTURE GOVERNANCE AND MANAGEMENT The Charity is constituted under the Trust Deed dated 20 April 2014 and is UK registered number 1103374. It is governed by this deed and is managed by a board of Trustees. Decisions are determined by a simple majority vote by the Trustees who set the strategic direction of the Charity. The Church's day-to-day running is delegated to the Pastor by the trustees. He ensures that all management control mechanisms to achieve the charity's objectives are put in place. The trustees are consulted on all important issues to determine the strategic direction of the charity activities. The Trustees meet formally as and when required to review the Church operational mechanism. By the trust deed the Trustees are required to meet at least two times a year. The management of the church is the responsibility of the trustees who are elected under the terms of the charity Trust deed. The trustees who were in office during the year are as set out at the beginning of this report.

Future Developments The Charity will continue to explore ways of furthering its charitable objectives in an effective manner by ensuring there is awareness of its services and proactively seeking opportunities to be more involved in the community. The charity seeks to provide services and activities that meet the needs of people and contribute to a positive change in the moral and spiritual climate of Harlow and her environ. TRUSTEES, RESPONSABILITIES STATEMENT The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Accepted Accounting Practice) The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and a fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements. Trustees are required to: select suitable accounting policies and then apply them consistently. Observe the methods and principles in the Charities SORP. make judgements and accounting estimates that are reasonable and prudent. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records sufficient to show and explain the Charlty's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities ACT 20144, the Charity ( Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees on signed on their behalf by: -oY-££ and Mr Jonathan Adeolu adewu Secretary, Board of Trustee

MOSES-BOLE & CO Professional Accountants and BusineJrs Management Consultants INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES REDEEMED CHRISTIAN CHURCH OF GOD- THE LORD'S VINE 1ST I report on the accounts of the charity for the year ended 31 December 2021, which are set out below and notes to the financial statements on pages 7 to 18 Respective responsibilities of Trustees and Examiners As the Charity's Trustees, you are responsible for the preparation of the accounts" you consider that an audit is not required for this year (under section 144(2) of the Charity Act 2011(the 2011 act) and that an independent examination is needed. It is my responsibility to Examine the account (under section 145 of the Act). follow the procedures laid down in the General Directions given by the Charity; Commission (under section 145(5) (b) of the 2011 Act and State whether particular matters have come to my attention. Basis of Independent Examiner's report My examination was carried out in accordance 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 includes 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 that would 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 Examiner's Statements , In connection with the examination, no matter has come to my attention'_ . .: l) Which give me reasonable cause to believe that in any; material respect the requirements To keep accounting records in accordance with section 130 of the 2011 Act; To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met or 2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Moses O E Igunnubole, BA (HONS) FAIA FCPA FFA FIPA, FTA, FIC, CPFA... Managing Partner MOSES-BOLE&CO Chartered Certified Forensic Accountants Certified Professional Accountantsnax Advisers And Business Chartered Management Consultant DA TE.'X- q- 2022.

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 318T DECEMBER 2021 Restricted Note Unrestricted income Endowmf Funds Funds Funds Prior year Funds Total Funds Recommended categories by activity Incoming resources Income and endowments from: Donations and legacies Total Resourees •xpanded Expenditure on: Direct Cost Support Cost Governance Cost 138,059.77 138,059.77 138,059.77 138.05g.77 139,705 139,705 48,789.02 64,200.67 2,420.00 48,789.02 64,200.67 2,420.00 48,248 43,488 2,420 Total 115,409.69 Net movement in funds 115,409.69 94,156 22,650.08 22,650.08 Reconciliation of funds: Total funds brought forward Total funds carried forward 45,549 255,544.31 278,194.39 255,544.31 278,194.39 209,995 255,544

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE BALANCE SHEET AS AT 31ST DECEMBER 2021 Notes Unrestricted Funds Restricted income Endowmer Funds Funds Total Last Year Total Funds Fixed assets Tangible assets Total f￿ed assets 246,207.06 246,207.06 246,207.06 246,207.06 251,656 251656 Current assets Cash at bank and in hand Total current assets 131,183.57 131183,57 131183.57 131,183.57 Creditors: amounts falling due within one year Net current assets/(liabilities) 70,882 70,882 7,429.16 7,429.16 5,709 123 754.41 123 754.41 65 173 Creditors: amounts falling due after one year Provisions for liabilities 91,767.08 91,767.08 106,834 Total net assets or liabilities Funds of the Charity Unrestricted funds Revaluation reserve Total funds 278.194.39 278,194.39 209,995 278,194.39 278,194.39 209,995 278,194.39 278 194.39 209 995 Signed by one or two trustees on behalf of all the trustees: Signature: Date of approval.. i 8 - 0 9 -2 2 Print Name: 6LJLiA J . ¥(

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 Note 1 Basis of preparation 1.1 Basis of accountin9 These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Inland (FRS102) issued on 16 July 2Q14 and with the Charities Aet 2014 and the Charity congtitutes a public benefrt as defined by FRS102. 1.2 Going concern Considering the stead level of Incoming resources and membership number the Charity is a going concern with no any known unforeseen circumstance 1.3 Change of accounting policy The accounts present a true and fair view and the accounting policies adopted are those outlined in the note with no change in policy 1.4 Changes to accountlng estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). 1.5 Material prior year errors No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD-S VINE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Note 2 Accounting policies 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE There is no change in accounting policy in this period Note 2 2.2 INCOME This standard list of accounting policies has been applied by the charity except for those ticked No or "N/a" Where a different or additional policy has been adopted then this is detailed in the box below. Recognition of income These are included in the Statement of Financial Activities (SOFA) when: . the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; and . the monetary value can be measured with sufficient reliability. Offsettlng There has been no offsetting of assets and liabilities, or income and expenses. Grants and donations Grants and donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies There is no legacy received during this period. Government grants No government grant was received during this period. Aeeounting pollcies Tax reclaims on donations and 8ifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the temis of the appeal have specified otherwise. Contractual income and perforniance related grants This is not applicable Donated goods There is no donated good. Donated services and facilitles Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD-S VINE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Support costs The charity has incurred expenditure on support costs. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees. annual report Income from interesti royalties and divid•nds Not applicable during this period. Income from member6hlp subscrfptions Tithes and offering received from the members are in the nature of a gift are recognised as Donations. and Legacies Settlemont of Insurance clalms Insuran￿ claims are only included in the SOFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SOFA. Investment galns and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 2.3 EXPENDITURE AND LIABILITIES Liabllity rncognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between governan￿ costs and other support. Governance costs comprise all costs involving public aGcountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating propety costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with perforniance conditlons The Charity is not awarding grant to any organisation Grants payable wlthout perforniance conditlons Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Redundancy cost The charity made no redundancy payments during the reporting period. Deferred Income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts

Provisions for liabilitles A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basie financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP. 2.4 ASSETS Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year, and cost at least They are valued at cost. The depreciation rates and methods used are disclosed in note 14. Intangible fixed assets The charity has no intangible fixed assets, that is. non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15 They are valued at cost. Herltage assets The charity has no heritage assets. that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16 is not applicable during this period but if available they are valued at cos Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value ￿nn0t be measured reliably in which case it is measured at cost less impaimient. Investments held for resale or pending their sale and cash and cash equivalents with a maturty date of less than 1 year are treated as current asset investments Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the Servi￿ potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that Is likely to occur on the contract. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charty. Subsequently, they ar8 measured at the cash or other consideration expected to be reoived. Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE There is no any other policies adopted. 10

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS CONTINUED Note 3 FOR THE YEAR ENDED 31ST DECEMBER 2021 Analysls of income Analysls Restricted Unrestricted income Funds Funds Endowment Funds Prior year Funds Donations and legacies: Donations, Gifts, Tithes and Offering GiftAid Total Total Funds 138059.77 138,059.77 120,980 18,725 139,705 138,059.77 138,059.77 TOTAL INCOME 138.059.77 138.059.77 139,705.33 Other inforniation: All Income in the prior year was also unrestrlcted. There was no any endowment fund converted Into Income in the reporting period. Includlng the prfor year,there was no mat•rlal income Items withln the above that require disclosure of its nature and amount. 11

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS Note 4 CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Analysls of expenditure Analysls of expendlture DIRECT COST Visiting Minister Honorarium & Expenses Conference Attendance WEM Sunday School /Training Expenses Gifts & Donations & charitable activities Welfare Electricity & Gas Pastor"s Salary & Allowance Insuran Vehicle Expenses - road tax, parking, li￿nce Repairs & Maintenance Printing, Postage & Stationary Telephone, fax,intemet& Zoom Choir/ Key Board/ Music Expenses SUPPORT COST Church maintenan￿ Expenses Travel, Fuel & Hotel EntertainmenURefreshments Books & Tape Youth & Children Department PA YE/NIC Pension Water, General Rate Bank Charges, interests & commissions Outreach & Evangelism Computing & Software Expenses Depreciation RCCG ~ Central Office Security Packaging Cleaning & Other premises Expenses Rent Gift Aid Aministration Cost Multi Media Studio Unrestrictod Funds Restricted income Funds Prior yoar Funds Endowmei Funds Totsi Funds 250.00 420.00 8,207.80 320.00 1,329.00 2,600.00 2,681.28 25,200.00 2,499.83 723.00 355.00 633.42 1,405.36 2,164.33 48,789.02 250.00 420.00 8,207.80 320.00 1,329.00 2,600.00 2,681.28 25,200.00 2,499.83 723.00 355.00 633.42 1,405.36 2,164.33 48,789.02 300 311 4,052 345 359 6,460 2,117 27,488 2,783 678 898 614 1,805 40 48,248 3,624.22 4,022.95 426.31 86.00 455.00 5,021.80 5,774.92 242.00 1,035.06 845.00 316.00 10,652.56 19,540.05 201.00 105.00 305.00 11,471.80 0.00 76.00 64,200.67 3,624.22 4,022.95 426.31 86.00 455.00 5,021.80 5,774.92 242.00 1,035.06 845.00 316.00 10,652.56 19,540.05 201.00 105.00 305.00 11,471.80 2,156 664 990 75 466 3,359 9,358 248 1,104 800 217 4,878 4,052 204 55 320 12,413 2,060 68 43,488 76.00 64 200.67 12

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS Note 5 CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Details of certain items of expenditure 10.1 Fees for examination of the accounts Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter 'O' in the aDpropriat@. box(es). GOVERNANCE COST Independent examinerfs fees This Year Last Year Assurance services other than audit or independent examination 510.00 510.00 365.00 365.00 Other fees (for example: financial advice, consultancy, accountancy servii paid to the independent examiner 1,545.00 1,545.00 2,420.00 2,420.00 13

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS CQNTINUED Note 6 Paid employees FOR THE YEAR ENDED 31ST DECEMBER 2021 Please complete this note if the charity has any employees. 6.1 Staff Costs This Year Salaries and wages Social security costs Pension costs (defined Other employee benefits Last Year 25,200.00 30,847 5,774.92 Total staff eosts 30,974.92 30,847 14

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DEGEMBER 2021 Note 7 Tangible fixed asse, Freehold Other land & buildings land & machinery & motor bulldings vehicles Fixtures, fittings & equipment At the beginning of the year Additions Total 339.822.49 Prioryear 34,849.00 11,792.90 386,464.39 383004.01 At end of the year 6,620.90 6,620.90 339,822.49 3460.38 7.2 Depreciation and impaimients 'Basis Freehold Propety Motor Vehicle Musical Equipment Office Equipment 34,849.00 18,413.80 393,085.29 386464.39 Straight Line Straight Line Straight Line Rate 20Yo 20% At beginning of the year Disposals Depreciation Impairment Transfers" (Add or Deduct} At end of the year 7.3 Net book value Net book value at the beginning of tF Net book value at the end of the yea 7.4 Impairment= NONE No description of the events and circumStan￿S that led to the recognition or reversal of an impainnent loss. 7.5 Revaluation An accounting policy of revaluation is not adopted during this accounting period: the effective date of the revaluation = NIA 102,762.40 24,320.90 9,142.37 136,225.67 131,347.59 6,969.80 3,682.76 10,652.56 4,878.08 102,762.40 31,290.70 12,825.13 146,878.23 136,225.67 237,060.09 237,060.09 10,528.10 3,558.30 2,650.53 5,588.67 250,238.72 246,207.06 239, 787.81 251,656.42 the name of independent valuer, if applicable = NIA the methods applied and significant assumptions - N/A the carrying amount that would have been recognised had the assets been carried under the cost model. 7.6 Other disclosuros (i) Please state the amount of borrowing costs, rf any, capitalised in the construction of tangible fixed assets and the capitalisation rate used = N/A (li) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets = NIA (iii) Details of the existen￿ and carrying amounts of propety, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities = N/A

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Note 8 Credltors and accruals Please complete this note ff the charity has any creditors or accruals. 8.1 Analysis of creditors Amounts falling due Within More Than 1 Year 1 Year Prior Year Amounts falling due Within More Than 1 Year 1 Year Other creditors (Card balance) Accruals and deferred income Mortgage Repayable By Instalment Total 3,069.16 4,360.00 602 4.340 7,429.16 91,767.08 91,767.08 4,942 103,027 103,027 8.2 Deferred income THERE IS NO DEFERRED INCOME DURING THIS PERIOD 16

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2021 Note 9 Cash at bank and in hand Thls Year Cash at bank and on hand Total Last Year 131,183.57 131,183.57 113.275 113,275 17

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD"S VINE NOTES TO THE ACCOUNTS Note 10 CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2021 Additional Disclosures THERE ARE NO ANY signlficant matters which are not covered in other notes and need to be included to provide a proper understsnding of the accounts. 18