2020-12-31-accounts

Report ofthe Trustees
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes tothe Financial Statements
Detailed Statement ofFinancial Activities

Statement ofFinanci	Activities
for the Year Ended 31December 2020
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
EXPENDITURE ON
Raising funds
Charitable activities
Charitable activities
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION	OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD

31,12.20		31 12.19
Unrestricted		Total
fund		funds
		asrestated
		f.
114,516		158,172
		1,028
108,505		125,379
8,546		29,740
117,051		156,147
(2,535	)	2,025
(40,027	)	(42,052)
(42,562	)	(40,027 )

Balance Sheet 31December 2020
		31.12.20	31.12.19
		Unrestricted	Total
		fund	funds
			as restated
	Notes
FIXEDASSETS
Tangible assets		134,828	140,263
CURRENT ASSETS
Cash at bank and in hand		(16,239)	(17,639)
CREDITORS
Amounts falling due within one year		(161,151)	(162,651)
NET CURRENT ASSETS/(LIABILITIES)		(177490)	(180,290)
TOTAL ASSETSLESSCURRENT LIABILITIES		(42,562)	(40,027)
NET ASSETS/(LIABILITIES)		(428562)	(40,027)
FUNDS	10
Unrestricted funds		(42,562)	(40,027)
TOTAL FUNDS		(42,562)	(40,027)

Improvements to properly Plant and machinery	10%oncost 20%oncost
Fixtures and fittings	20%oncost
Motor vehicles	20%oncost
Computer equipment	20%oncost

Investment management	Investment management	Investment management	costs
							31.1220	31.12.19
								as restated
Cleaning and wastes								1,028
TRIiSTEES' REMUNERATION				AND BENEFITS
One trustee was engaged			as a pastor	and paid f35,132as sttpend and allowance for the year			ended 31December	2020.(f28,282
for the year ended 31	Decembcr 2019).
Trustees' expenses
There were no trustees'		expenses paid for the year				ended 31December 2020 nor for the year ended 31 December		2019.
STAFFCOSTS
The average monthly		number ofemployees			during	the year was as follows:
							31.12.20	31.12.19
								as restated
Management	and support ststf						2	4
No employees received			emoluments	in excess off60,000.
COMPARATIVES FORTHESTATEMENT OFFINANCIAL ACTIVITIES
								Unrestricted
								fund
								as restated
INCOME AND ENDOWMENTS				FROM
Donations and legacies								158,172
EXPENDITURE ON
Raising funds								1,028
Charitable activities
Charitable activities								125,379
Other								29,740
Total								156,147
NET INCOME								2,025
RECONCILIATION			OFFUNDS
Total funds brought		forward						(42,052)

TANGIBLE FIXEDASSETS
	Improvements		Fixtures
	to	Plant and	and
	property	machinery f	fittings
COST
At 1 January 2020 and 31 December 2020	199,419	26,060	97,049
DEPRKCIATION
At 1January 2020 Charge foryear	7S,690	19,932 4432	85)849
At 31December 2020	78,690	24464	85,S49
NET BOOKVALUK At 31December 2020	120,729	1,796	11400
At 31December2019	120,729	6,128	11,200
	Motor	Computer
	vehicles f	ettuipment	Totals f
COST
At 1January 2020 and 31December 2020	40,910	58465	421,803
DEPRECIATION
At I January 2020 Charge foryear	40)910	56,159 1,103	2S1,540 5,435
At 31December 2020	40,910	57462	286875
NKT BOOKVALUE
At 31December 2020		1,103	134,828
At 3IDecember 2019		2,206	140,263

CREDITORS		:	AMOUNTS F	AL	LING DUE WITIIIN ONE YEAR
							31.1220	31.12.19
								asrestated
Other creditors							161,151	i62,651
LOANS
An analysis ofthe maturity ofloans is given below:
							31.12.20	31.12.19
								asrestated
Amounts falling due within one year on demand:
Other Loans							7,784	10,184
MOVE1VIKNT			IN FUNDS
							Net
							movement	At
						At 1.1.20	in funds	31.12.20
Unrestricted	funds
Genera! ftrnd						(40~027)	(2,535 )	(42 562)
TOTAL FUNDS						(40,027)	(2/35)	(42,562)
Net movement			in funds, included		in the above are as follows:
						Incoming	Resources	lviovement
						resources	expended	in funds
							f.
Unrestricted		funds
General fund						114,516	(117,051)	(2435)
TOTAL FUNDS						114,516	(117,051)	(2,535)
Comparatives			for movement	in	funds
							'Net
							movement	At
						At 1,1.19	in funds	31.12.19
Unrestricted		funds
General fund						(42,052 )	2,025	(40,027 )
TOTALFUNDS						(42,052)	2,025	(40,027)

		Incoming	Resources	IrIovement
		resources	expended f	in funds
Unrestricted	funds
General fund		158,172	(156,147)	2,025
TOTALFUNDS		158,172	(156,147)	2,025

A ourrent yea	r 12months and prior year 12months	combined position is as follows:
			Net
			movement	At
		At 1.1.19 f	in funds	31.12.20
Unrestricted	funds
General fund		(42,052 )	(510)	(42,562)
TOTAL FUNDS		(42,052)	(510)	(42,562 )

		Incoming	Resources	Movement
		resources	expended	in funds
			f.	f.
Unrestricted	funds
General fund		2'72,688	(273,198)	(510)
TOTAL FUNDS		272,688	(273,198)	(510)

RCCG Livin Faith Connections	RCCG Livin Faith Connections
Detailed Statement ofFinancial		Ac vities
ferthe Year Ended 31December 2020
			31.12.20	31.12.19
				asrestated
INCOME AND ENDOWMENTS
Donations and legacies
Tithes and offerings			112,937	134,890
Thanksgiving				14,993
Building fund				8.289
Donations			1,579
			114,516	158,172
Total incoming resoumes			1141516	158,172
EXPENDITURE
Investment management	costs
Cleaning and wastes				1,028
Charitable activities
Wages Hall hire			10,565	1,334 36,815
Evangelism				2,249
Welfare and benevolence			300	300
Ministry expenses				5,838
World evangelical mission			1,895	2,299
Honorariums -guest ministers			200	1,000
Hospitality Community outreach activities			2,798	2,500 3,950
Pastoral care			3,627	1,853
Church running expenses			2~722	2,350
RCCG oentral office			1,200	1,100
Children and youth ministry Transport and travelling Equipment repairs Printing and reprography Music expenses Conference and meetings			497 23$50	956 3,365 1,150 2,815 3,260 1,000
Media expenses Stipend and allowance			678 35,132	2,377 28,282
Volunteers expenses				3,586
			83,464	108,379
Other
Donation				200
Carried forward				200

forthe Year K	nd	ed31	D	ecember2 2
					31.12.20	31.12.19
						as restated
Other
Brought forward						200
Storage cost					3,111	4,157
Equipment hire						2,917
Plant and machinery					4@32	4,332
Computer equipment					1,103	1,103
					8,546	12,709
Support costs
Management
Wages					15400	2!300
Insurance					693	835
Light and heat						311
Telephone					1,519	1,455
Postage and stationery						270
Sundries						210
					17412	24,381
Finance
Baidr charges					1,968	3,489
Cards merchant		cost			3J47	2,123
					5,915	5,612
Information	technology
IT Support					414	838
Computing and		internet				2,300
					414	3,138
Governance	coshi
Independent	examiner's			fees	900	900
Total resources	expended				117,051	156,147
Net (expenditure)/in			some		(M35)	2,025