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|Redeemed<br>Christian|Church ofGod - T|he Promised<br>Land|
|---|---|---|
|Contents||Pages|
|Business Information. ..|||
|Structure, Governance|and Mgt.||
|Trustee's report..|||
|Accountant's<br>report.|||
|Statement offinancial|activities......||
|Balance sheet..|||
|Balance sheet cont'd..|||
|Accounting<br>Policies...||........10-12|
|Schedule tothe Profit &Loss..||.....13-14|
|Notes tothe accounts..||.....15-16|





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|Balance Sheets at31|March|2021||||
|---|---|---|---|---|---|
|Fixed Assets:|Note|||2021|2020|
|Tangible Assets|3|Equipment|Fixtures &Fittings||Total|
|Cost||E|E|||
|At 1April 2020<br>At 31March 2021||3,874<br>3,874||491<br>491|4,365<br>4,365|
|Addition<br>during year||||||
|Depreciation||||||
|Charge forthe year||||||
|Net BookValue||||||
|At 31March 2020<br>At 1April 2021<br>Current Assets:||3,874<br>3,874||491<br>491|4,365<br>4,365|
|Cash at bank|||||90,325|
|Trade debtors||||||
|Current<br>Liabilities||||||
|Creditors: amounts||||||
|falling due within one||||||
|year||||||
|Net Current Assets:|||||94,690|
|Amount<br>due after more||||||
|than one year|||||50,000|
|Total Net Assets:|||||44,690|
|Charity funds||||||
|Un-restricted<br>funds|||||44,367|
|Restricted funds||||||
|Profit &Loss|||||323|
|Net Funds|||||44,690|





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|or|the year ended 31March 2021|||||
|---|---|---|---|---|---|
|2|Operating<br>Profit|2021||||
||This is stated after charging:|||||
||Depreciation ofowned assets|||||
||Retained<br>Profit/Loss for the year|323||||
||Fixed Assets:|||||
|3|Tangible||||2021|
|||Equipment|Fixtures &Fittings||Total|
||Cost|E|f||E|
||At 1April 2016|3,874|49|1|4,365|
||At 31March 2017|3,874|49|1|4,365|
||Addition<br>during year|||||
||Depreciation|||||
||Charge forthe year|||||
||Net BookValue|||||
||At 31March 2020|3,874|491||4,365|
||At 1April 2021|3,874|491||4,365|
|4|Current Assets:|||||
||Cash at bank||||90,325|
||Trade debtors|||||
|5|Current Liabilities|||||
||Creditors: amounts<br>falling due within|||||
||one year|||||
||Net Current Assets:||||94490|
||Amount<br>due after more than one year(Loan)||||50,000|
||Total Net Assets:||||~44 90|





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|Forthe year ended||31March 2021||||
|---|---|---|---|---|---|
||||2021|2020||
|Income|||E||E|
|Tithe, Offering &Thanksgiving|||32,240|46,151||
|Gift Aid||||9,567||
||||~32240|~55|7 8|
|~Bd dc<br>I||||||
|Employees Costs||||||
|Pastors Allowance|||18,000|18,000||
|Pastors Emolument||||||
||||~18000|18000||
|Premises Costs||||||
|Rent|||1,212|23,739||
|Rate||||||
||||~1212|23|9|
|General Administrative||Expenses||||
|Printing and Stationary|||||168|
|Loan Interest||||||
|Light and Heat||||||
|Thames Water||||||
|Bank Charges|||||60|
|Choir Running<br>Expenses||||3,245||
|Conference<br>&Seminar|||||300|
|Advertisement/Promotion|||||270|
|Ministry<br>Expenses|||2,000|||
|Repairs, Maintenance||and Installation||||
|Training and Education||||||
|Telephone<br>and Fax||||||
|General Expenses|||||336|
|Postage|||73||62|
|Books and Tapes||||||
|Sundry Expenses||||||
|Ministry<br>Fuel/Travel|Expenses||||478|
|Lease Processing Cost||||||
|Depreciation||||||
|Inter-bank<br>Transfer||||||
||||~3311|~28|55|
|Professional<br>Cost||||||
|Accountancy<br>Fees|||900|1000||
|Legal Fees||||||





||~1|~18|
|---|---|---|
|Charitable<br>Activities|||
|Gifts &Grants to individuals|2,750||
|WEM &Pastor's Welfare|1.200||
|HQ And Divisional Support|1,800|2,400|
|Hospitalities/Welfare||5,373|
|Retreats and Evangelism||3,654|
|Other Charity Donations|2,356||
|Festival ofLife|1,200|1.200|
|Honorarium|400|500|
||~706|L995|
|Total Resources Expended|~31917|~62|
|Profit/Loss|323|4579|





|6|Charityfunds|||
|---|---|---|---|
||Un-restricted<br>funds||44,367|
||Restricted funds|||
||Profit gr Loss||323|
||Net Funds||44,690|
||Profit and Loss Account:|||
||Profit/Loss account|||
|7|At 31March 2017||323|
||Retained<br>profit/loss||323|
|6|Pastor's Allowance|and Emolument|18,000|



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