## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Redeemed Christian
Church ofGod (RCCG
Statement ofFinancial Activities|) —Jubilee Churc|h Manchester.||| |---|---|---|---|---| |ForThe Year Ended 31 December 2022.||Umestricted||| |||Funds|2022|2021| ||Notes|||| |Income and Endowments||||| |From:||||| |Donadons
and Legacies||766,698|766,698|586,660| |HMRC Grants and Other Income||119,977|Il9,977|148,565| |Total incoming resources||886,675|886,675|735,225| |Expenditure
On:||||| |Charitable
activities||270,224|270,224|241,795| |Others||459,068|459,068|415,925| |Total resources expended||729,291|729,291|657,720| |Net gains on investment||||| |Net expenditure||157,384|157,384|77 tl05| |Net expenditute
before other gains/itosses)||||77,505| |Other gains and losses||||| |Net movement
in funds||157,384|157,384|77,505| |Reconciliation
offunds:||||| |Total funds brought
forward||1,153,434|1,153,434|1,075,929| |Total funds carried forward||1/10,818|1+10,818|1,153,434| |I ixed As&en||| |---|---|---| |Ili!&I
I||| |(.I&&fr«I A&acts||| |l)cl«||| |r i,h &iI.«ik tk m|Iu«, l|| |Creditors
Amuuni|Falling dnc uitbin Onc I'car|| |N
I I urrrm
A&crt|/(lial|ili« il| ## |Cash Bows from operating||activities|| |---|---|---|---| |Net (expenditure)/Income||per Statement of|Financial Activities| |Adiustments
for:|||| |Depreciauon ofproperty,
plant and equipment|||| |Loss on diposal ofTangible|fixed assets||| |Decrease/(increase)
in trade||and other receivables|| |(Decrease)/Increase
in trade||and other payables|| |Net cash «sed in operating||activities|| |Cash Bow from investing|activities||| |Purchases ofproperry,
plant||and cquipmcm|| |Net cash used in investing||activities|| |Cash flow from financing
activities|||| |Net cash used in financing||activities|| |Net increase/(decrease)|in cash and cash equivalents||| |Cash and cash equivalents||at the beginning|ofthe year| |Cash and cash equivalents||at the end ofthe|yeat| |Component
ofcash and cash equivalents|||| |Cash aod bank balances|||| |2022|2021| |---|---| |157484|77,505| |25,678|26,504| |(74,093)|(12,438)| |33,361|15,545| |75,608|107,116| |105|9,354| |105|9,354| |75,503|97,762| |323,466|225,704| |398,969|323,466| |398,969|323,466| |398,969|323,466| ## |11.)Accounting
Policies|||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Basis ofpreparing
the financial statements|||||||||||||||||||| |The financial statements
have been prepared||in accordance||||||with Statemem||of|Recommended
Practice:||||||||| |Accounting
and Repomng
by Charities
preparing|||their|accounts in accordance|||||||with|the financial Reporting||||Standard
applicable||m the|UK| |and Republic ofIreland (FRS 102)issued on||16July 2014and the Financial||||||||Repornng|||Standard||in the United Kingdom||and Republic||of| |Ireland
and the Charities Act 2011.|||||||||||||||||||| |Changes
in basis ofaccounting
or to previous|||accounts||||||||||||||||| |There has been no change to the accounting||policies (valuation
mles and|||||||method ofaccounting)||||||since last|year and no|changes|have|| |been made to account for previous
years.|||||||||||||||||||| |Fund accounting|||||||||||||||||||| |Unrestricted
funds:|||||||||||||||||||| |These are available
for
use at the discretion|ofthe||nustees||||in furtherance||ofthe general objecrs||||||ofthe chatity.||||| |Designated
funds:|||||||||||||||||||| |These arc unrestricted
funds earmarked
by the trustees||||for|||particular
purposes.||||||||||||| |11evaluation funds:|||||||||||||||||||| |These arc unrestricted
funds which include|a|revaluation||||reserve representing|||||the restatemem|||ofinvestment||assets at thee market value.|||| |Restricted funds:|||||||||||||||||||| |These arc available for usc subject to restrictions|||imposed|||by the donor or||||through||terms ofan|||appeal||||| |Income|||||||||||||||||||| |Recognition ofincome:|||||||||||||||||||| |Income is induded
in the Sutement ofFinaancial|||Acuvities|||||(SoFA) when|the||chanty becomes||||emitled to,|and virtually|cenain|to receive|| |thc income and the amount of the income|can be measured|||||||with sufficient||rehabthty.|||||||||| |Income with related expenditure:|||||||||||||||||||| |Where income has related expenditure
the|income and|||related expenditure||||||is reported|||gross in||the SoFA,||||| |Donations
and legacies:|||||||||||||||||||| |Voluntary
mcome reccivcd by way ofgmnts,||donauons|||and hefts is mcluded|||||in the SoFA when|||||receivable|and only when the Charity|||has| |unconditional
entitlement
to the income|||||||||||||||||||| |Tax reclaims on donations
and gifts:|||||||||||||||||||| |Income from tax reclaims
is indudeihn
the SoFA at the|||||same time as the||||gift/donadon||||to which it relates.||||||| |Donated services and faciliYietu|||||||||||||||||||| |These are only included
m income (mth an equivalent||||amoum
in expenrhture|||||||where|the benefit to the Charity is reasonably
quantifiable|||||||| |measurable
and material,|||||||||||||||||||| |Volunteer
help:|||||||||||||||||||| |The value ofany volunteer
help received|is not included|||||in||the accounts.|||||||||||| |Investment
mcome:|||||||||||||||||||| |This is mcluded
in the account when receivable.|||||||||||||||||||| |Gains/Bosses)
on revaluation
ofaxed|assets:||||||||||||||||||| |This includes
any gam or loss resulting
from||revaluing||invesnnems
to market|||||||value|at|the end|ofthe year.|||||| |Gains/ posses) on investment
assets:|||||||||||||||||||| |This mcludes any gain or loss on the sale|of|investments.|||||||||||||||||| ## ## ## ## ## |Leasehold Propetty|2%| |---|---| |Plant and Machinery|10%| |Computer
Equipments|10%| |Fixtures and Fiuings|10%| ## ## ## ## ## ## ## |gomg concern and there are no
least one year.|material uncertainties
casting doubt|on the ability of the chariq
to conunue ss a go|ing concern for at|| |---|---|---|---|---| |||Unrestricted||| |2.Income and Endowments|from:|Funds|2022|2021| |Donarions
and Legacies||766 698|766,698|586,660| |||766,698|766,698|586660| |HMRC Grants and Other Income||||| |Grant - HMRC||||540| |Gift Atd - HlsfRC||107,893|107,893|91,482| |lave Your Neighbour||||25,821| |Food Bank Sales||7,505|7,505|12,081| |Odier mcome||3,256|3,256|18,273| |Shop income||1,323|1,323|368| |||119,977|119,977|148,565| ## |For The Year Ended 31|For The Year Ended 31|For The Year Ended 31|Decem|ber 202|2.|||| |---|---|---|---|---|---|---|---|---| |3.Expenditure
on charitable|||activities|||Unrestricted||| |||||||Punds|2022|2021| |Expenditure
on charitable||activities||||||| |Charitable
activities||||||||| |Word evangelical
mission||||||29,440|29,440|47,440| |Cenual Office Fund||||||200|200|2,350| |Youth outreach||||||2,792|2,792|2,890| |Chanty shop eaqsenses||||||||133| |Food bank||||||3,937|3,937|6,609| |Conferences
and hospitality||||||13,667|13,667|13,474| |Computer
consumables||||||4,774|4,774|4,946| |Men fellowship||||||800|800|1,100| |Widows and single mothers||||||||25| |Love Your Neighbour||||||||15,991| |Welfare and support||||||17,141|17,141|18,187| |Gifts||||||24,887|24,887|12,794| |Music ministry||||||3,026|3,026|2,630| |Festival ofpraise||||||64,332|64,332|71,002| |Honourarium||||||68,777|68,777|29,255| |Donations||||||15,716|15,716|7,636| |Ministry
Expenses||||||14,368|14,368|| |Equipment
Hire and Technical|||Equipment|||6,368|6,368|5,333| |||||||270,224|270,224|241,795| |4.Other expenditures||||||Unrestricted||| |||||||Funds|2022|2021| |Emplol ee costs||||||213,901|213,901|224,772| |Motor and tavel costs||||||44,357|44,357|32,675| |Premises costs||||||142,701|142,701|100,732| |Amortisation,
depreciation,||unpairment,||profit/loss|on disposal offixed assets|25,678|25,678|26,504| |General adnunistrauve|costs|||||24,428|24,428|24,827| |Legal and professional|costs|||||8,003|8,003|6,415| |||||||459,068|459,068|415,925| |5.Net expenditures|before transfers||||||2022|2021| |This is stated after charging;||||||||| |Depreciation ofowned fixed assets|||||||25 678|26,504| |6.Staff costs||||||||| |Salanes and wages|||||||187,450|200,258| |Social secunty costs|||||||23,358|21,035| |Pension costs|||||||2,889|3,211| ||||||||213,698|224,504| ## |The average m|on|thly|n|umber offull ti|me equivalent
employees
d|uring the y|ear was as Eollo|ws:||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||Z022|2021| ||||||||||||rVumber|fVumber| |Administration|and managemem||||||||||6|6| |The charity
is|enrolled|||in Nest Pensinn|Scheme Eor all employees|in line with|rhe United Kingdom||law.|||| |37.Tangible Fixed Assets|||||Land and||Plant and|Fixtures||and|Computer|Totals| ||||||Building||Machinery|ftttings|||Equipment|| |Cost||||||||||||| |As at 1January||2022.|||1,097,852||1,218|||4,680|49,718|1,153,468| |Additions||||||||||105||105| |Disposal||||||||||||| |Aa at 31December|||2022.||1,097,852||1&218|||4,785|49,718|1g53&573| |Depreaation||||||||||||| |As at 1January||2022.||||285,142|911|||2,770|29,888|318,711| |Depreciation|charge||Eor this period|||21,957|121|||468|3,132|25,678| |Disposal||||||||||||| |As at 31December|||2022.|||307,099|1&032|||3&238|33,020|344389| |Net Book Value||||||||||||| |As at 31December|||Z022.|||790,753|186|||1,547|1G,698|809 184| |As at 31December|||2021.|||812,710|307|||1,910|19,830|834,757| |48.Debtors||||||||||||| ||||||||||||2022|2021| |Other debtors|||||||||||739|2,000| |Tax refunds|due|||||||||||1,401| |Prepalanents|and accrued income||||||||||118,454|41,699| ||||||||||||119,193|45&100| |s9.Creditors:||||||||||||| |Amounts
falling due||||within one year|||||||2022|2021| |||||||||||||A'| |Other rates|and|social||secunty||||||||15,866| |Other creditors|||||||||||13|| |Accruals
and|deferred|||income|||||||16,515|34,023| ||||||||||||16,528|49,889| ## |10.Movement
in|funds|funds|||||||As at 1|Incoming|Resources|As at 31| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||January 2022|resources|expended|December 2022| |Restncted
funds;||||||||||||| |Unrestricted
funds;||||||||||||| |General
funds|||||||||1,153,434|886,675|(729,291)|1,310,818| |Revaluation
reserves||||||||||||| |Total funds|||||||||1,153,434|886675|29,291|1,310,818| ||||||||||||Unrestricted|| |11.Analysis ofnet||assets between|||funds||||||funds|Total| |Amounts
falling|due within one||||year|||||||| |Fixed assets|||||||||||809,184|809,184| |Net current assets|||||||||||501,634|501,634| ||||||||||||1,310,818|1,310,818| |12.Commitments||||||||||||| |There are no annual||commuments|||under non-cancellation||operating|leases|during
the period.|||| |Pension commitments||||||||||||| ||||||||||||2022|2021| |The pension cost|charge||to the charity amounted|||to|||||2,889|3,211| ||||||||||||2,889|3211| |13.Contingents|LiabiTides|||||||||||| |There are no contingent|||liabihnes|for the year ended 31|||December|2022.||||| ## ## ## ||||||||| |---|---|---|---|---|---|---|---| |ForThe Year|End|ed 31|Dece|mber 2022.|Unrestricted||| ||||||Funds|2022|2021| |A.) Income and|Endowments||fromi||||| |Donations
and Legacies|||||76G,698|76G,698|586,660| ||||||766,698|766,698|586,660| |B,).HMRC Grants and Other|||Income||||| |Gram - HMRC|||||||540| |Gih Aid - HltlRC|||||107,893|107,893|91,482| |Love Your Neighbour|||||||25,821| |Food Bank Sales|||||7,505|7,505|12,081| |Other income|||||3756|3,256|18,273| |Shop mcome|||||1,323|1,323|368| ||||||119,977|119,977|148,565| |Total incoming|resources||||886,675|886,675|735,225| |C.)Expendintre|On:||||||| |Chmitable
activities|||||||| |Word evangelical|mission||||29,440|29,440|47,440| |Central Office Fund|||||200|200|2,350| |Youth outreach|||||2,792|2,792|2,890| |Charity shop cxpcnses|||||||133| |Food bank|||||3,937|3,937|6,609| |Conferences
and|hospitahty||||13,667|13,667|13,474| |Computer
consumables|||||4,774|4,774|4,946| |lrlen fellowship|||||800|800|1,100| |Widows
and single mothers|||||||25| |Love Your Neighbour|||||||15,991| |Welfare and support|||||17,141|17,141|18,187| |Gifts|||||24,887|24,887|12,794| |Music nu1llsu3|||||3,026|3,026|2,630| |Festival ofpraise|||||64,332|64,332|71,002| |Honourarium|||||68,777|G8,777|29,255| |Donations|||||15,716|15,71G|7,636| |Ministty Expenses|||||14,368|14,368|| |Eqmpment
Hire|and Technical||Equipment||G,3GB|6,368|5,333| |Total ofexpenditure||on charitable||activities|270,224|270,224|241,795| |E.)Employee Costs|||||||| |Salaries snd wages|||||187,450|187,450|200,258| |Employer's
NIC|||||23,358|23,358|21,035| |pension
costs|||||2,889|2,889|3,211| |Staff recmitment|||||203|203|268| ||||||213,901|213,901|224,772| ## |ForThe Year Ended||1December 2022.|Unrestricted||| |---|---|---|---|---|---| ||||Funds|2022|2021| |F.)Motor and travel costs|||||| |Vehicles - General costs|||2,728|2,728|1,791| |Travel and Subsistence|||41,629|41,629|30,884| ||||44,357|44&357|32,675| |G.)Premises costs|||||| |Rent|||12,027|12,027|5,011| |Rates|||5,375|5,375|3,833| |Light, heat and power|||35,093|35,093|9,943| |Premises
deaning|||6,792|6,792|5,813| |Premises insurance|||5,180|5,180|4,929| |Premises repairs and maintenance|||9,150|9,150|2,583| |Security|||69,084|69,084|68620| ||||142,701|142,701|100,732| |FL) General admtnfstradve||costs,|||| |induding
depreciation
and||amortisation:|||| |Depreciation ofLand and Building|||21,957|21,957|21,957| |Depreciation ofPlant and Machinery|||121|121|590| |Depreciation ofComputer|Eqmpmcnts||3,132|3,132|| |Depreciation ofFixtures and||Fittings|468|468|3,957| |Loss on disposal oftangible|fixed assets||||0| |Bank charges|||909|909|556| |Stationery
and printing|||3,471|3,471|745| |Sundry expenses|||913|913|470| |Telephone,
fax and broadband|||13,789|13,789|14,495| |Charity Checkout|||5,347|5,347|8,561| ||||50,106|50,106|51,331| |I.) Legal and professional||costs|||| |Audit/Independent
examination
fees|||7,467|7,467|6,415| |Consultancy
fees|||||| |Other legal and professional|costs||536|536|| |HMRC Cost|||||| |Total ofexpenditure
ofother costs|||8,003|8,003|6,415| |Total ofexpenditure|||729Q91|729,291|657,720| |Net gains on investments|||||| |Net expenditure
before other gains and losses|||157,384|157,384|77,505| |Net movement
in funds|||157,384|157,384|77,505|