2022-12-31-accounts - Redeemed Christian Church Of God Lord's Vine Parish

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		Pacae
Trustees and	Advisers
Trustees' Report		2-3
Independent	Examiner s Report to the Trustees
Statement of	Financial Activities
Balance sheet
Notes forming	part ofthe Financial Statement	5-18

Minister	ln	Charge: Pastor Ade Oluwayinka
Trustees:		Samuel Oladele Bakare
Secretary:		Adeolu Adewuyi
Registered		Office: 111Brockles Mead Harlow
		London, CM19 4PX
Charity	No	1103374
Bankers		Barclays
		Account: 00667854
		Sort Code: 203698
Accountants:		MOSES-BOLE &CO
		CERTIFIED PROFESSIONAL ACCOUNTANTS/		TAXADVISERS
		&BUSINESS CHARTERED MANAGEMENT	CONSULTANTS
		39Saints Brelades Court
		Balmes Road
		Hackney IIslington
		LONDON N1 5TW
		Tel: 020 79234660
		Mobile: 0758407 5572

OF FINANCIAL ACTIVITIES F	OR THE YEAR	ENDED 31STD	ECEMBER 2022	ECEMBER 2022
			Restricted			Prior
	Note	Unrestricted	income	Endowmz	Total	year
		Funds	Funds	Funds	Funds	Funds
		R	R	E	R	R
Recommended catelorles by actlvlty
lncomlnI resources
Income and endowments	from:
Donations and legacies Total Resources expended	3	220,823.58 220,823.58			220,823.58 220,823.58	138,060 138,060
Expenditure on:
Direct Cost Support Cost Governance Cost	4 4 5	67,721.27 53,152.11 2,420.00			67,721.27 53,152.11 2,420.00	48,789 64,201 2,420
Total		123,293.38			123,293.38	115,410
Net movement in funds		97,530.20			97,530.20	22,650
Reconclllatlon ofAmds:
Total funds brought forward Total funds carried forward		278,194.39 375,724.59			278,194.39 375,724.59	255,544 278,194

				Restricted			Total
		Notes	Unrestricted	income	Endowmer	Total	Last
Fixed assets			Funds E	Funds L'	Funds E	Fundsf	Year E
Tangible assets Total fixed assets		7	237643.93 237,643.93			237643.93 237,643.93	246,207 246,207
Current assets
Cash at bank and in hand Total current assets		9	224,766.52 224766.52			224,766.52 224 766.52	131,184 131184
Creditors: amounts	falling due within one year	8	6,179.10			6,179.10	7,429
Net current assetsl(liabilities)			21&,587.42			218,587A2	123,754
Creditors: amounts	falling due after one year	8	80,506.76			80,506.76	91,767
Total net assets or liabilities Funds ofthe Charity			375,724.59			375,724.59	278,194
Unrestricted funds Revaluation reserve			375,724.59			375,724.59	276,194
Total funds			375724.59			375724.59	278 194

Analysis efexpendi	ture
							Restricted			Prior
Analysis ofexpenditure						Unrestricted	income	Endowmer	Total	year
						Funds	Funds	Funds	Funds	Funds
DIRECT COST										E
Visiting Minister Honoradum		8	Expenses			1,750.00			1,750.00	250
Conference Attendance						1,700.00			1,700.00	420
WEM						12,977.96			12,977.96	8,208
Sunday School /Training	Expenses					790.00			790.00	320
Gifts 8 Donations &charitable			activities			4,215.22			4,215.22	1,329
Welfare						450.00			450.00	2,600
Electricity 8 Gas						4,559.31			4,559.31	2,681
Pastor's Salary &Allowance						25,200.00			25,200.00	25,200
Insurance						1,144.02			1,144.02	2,500
Vehicle Expenses - road	tax,	parking,			licence	5,115.05			5,115.05	723
Repairs 8 Maintenance						3,065.85			3,065.85	355
Printing, Postage &Stationary						3,610.04			3,610.04	633
Telephone, fax,internet&	Zoom					1,858.82			1,858.82	1,405
Choir/ Key Board/ Music	Expenses					1,285.00			1,285.00	2,164
						67,721.27			67,721.27	48,789
SUPPORT COST
Church Maintenance Expenses						4,291.52			4,291.52	3,624
Travel, Fuel 8 Hotel						1,759.40			1,759.40	4,023
Entertainment/Refreshments						1,511.29			1,511.29	426
Books &Tape						0.00				86
Youth &Children Department						1,975.33			1,975.33	455
P A YE/ NIC						2,005.60			2,005.60	5,022
Pension						2,142.40			2,142.40	5,775
Water, General Rate						276.67			276.67	242
Bank Charges, interests	8 commissions					1,425.86			1,425.86	1,035
Outreach 8 Evangelism						2,200.00			2,200.00	845
Computing &Software Expenses						1,048.38			1,048.38	316
Depreciation						11,174.92			11,174.92	10,653
RCCG - Central 01Tice						2,500.00			2,500.00	19,540
Security &Fire Control Expenses						723.00			723.00	201
Packaging						0.00				105
Building Expansion Expenses						1,332.00			1,332.00	305
Rent						11,656.21			11,656.21	11,472
Gift Aid Aministration Cost						6,611.85			6,611.85
Multi Media Studio/Communication				Exps.		517.68			517.68	76
						53,152.11			53,152.11	84,201
TOTAL DIRECT &SUPPORT COSTS						120,8'73.38			120,873.38	112,990

prove by your independent examiner. box(es).	prove by your independent examiner. box(es).	Ifn	othing was pa	id plea	se enter 0 in t	he appropriate
GOVERNANCE COST					This Year	Last Year
Independent	examiner's fees				510.00	510.00
Assurance	services other than audit or independent	examination			365.00	365.00
Other fees paid to the	(for example: financial advice, consultancy, independent examiner		accountancy	servi&	1,545.00	1,545.00
					2,420.00	2,420.00

Please complete this note ifthe charity has any 6.1 Staff Costs	employees.
	This Year	Last Year
	E
Salaries and wages Social security costs	25,200.00	25,200
Pension costs (defined Other employee benefits	2,142.40	5,775
Total staff costs	27,342.40	30,975

THE REDEEMED CHRISTIAN CHURCH OF GOD LORD SVINE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31STDECEIIIIBER2022 Note 8 Creditors and accruals	THE REDEEMED CHRISTIAN CHURCH OF GOD LORD SVINE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31STDECEIIIIBER2022 Note 8 Creditors and accruals
Please complete this note ifthe charity has any creditors oraccruals. Prior	Year
Amounts falling due 8.1 Analysis ofcreditors Within More Than Amounts Within	fallin More	due Than
1 Year 1Year 1 Year	1 Year
Other creditors (Card balance) Accruals and deferred income Mortgage Repayable By Instalment Total 80,506.76 80,506.76 6,179.10 8 8 1,764.10 4,415.00 8 3,069 4,360 7,429		91,767 91,767