2023-03-31-accounts

Trustees			Pastor M Bako
			Pastor 0 I Aleshinloye
			Pastor E Eneli
			Pastor E R Inwe
Registered	Charity
Number			1119496
Correspondence		Address	71/73 Beverly	Road
			Hull
			East Yorkshire
			HU3 1XL
Pastor in Charge			Pastor Olumide	I Aleshinloye
Bankers			NatWest Bank	Pic
			Willerby and Kirk Ella			(A) Branch
			The Square
			Willerby
			East Yorkshire
			HU10 7UA
Accountant			Akintayo Ojo FCCA
			Resource Management			Consultants	Limited
			Chartered Certified		Accountant
			46 Hollywood	Way
			Erith
			DAB 2QE

				Llnrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2023	2D23	2D23	2022
			Notes
INCOMING RESOURCES
Donations, 5similar incoming		resources		331,519	58,343	389,862	223,559
Grants for Community Projects				480	23,022	23,502	4,940
Gift aid Receivable				75,031		75,Q31	46,093
Other Grants RIncome Received				5,124	49,957	55,Q81	4,0QQ
Investment Income				7,149		7,149	6,93Q
Total incoming resources				419,303	131,323	550,626	271,662
RESOURCES EXPENDED
Charitable expenditure
Grants payable —individual				9,595		9,595	10,989
Grants payable —institutional				41,159		41,159	20,642
Costs of activities in furtherance		of
charities objects			9	128,833	67,517	196,350	134,437
Support Cost			10	18,481		18,481	8,864
Management and governance	costs		11	66,317		66,317	64,763
Total resources expended				264,385	67,517	331,902	239,695
Net (outgoing)/incoming resources for year				154,918	63,806	218,724	31,967
Total funds at the start of the	year			39,477	424,420	463,897	431,930
BALANCE AT END OF YEAR				194,395	488,226	682,621	463,897

						Unrestricted	Restricted	Total		Total
						Funds	Funds	Funds		Funds
						2023	2023	2023		2022
6. INVESTMENT INCOME										E
Net Rental Income						7,149		7,149		10,070
Hall Hire Receipts										3,140
						7,149		7,149	—	6,930
Amount represents net rental			income received		from 3 flats owned	by the charity.	The income was	used to advance
the objects ofthe charity.
						2023	2023	2023		2022
7. Grants payable - individual										E
Individual welfare						9,595		9,595		10,989
						2023	2023	2023		2022
8.Grants payable —institutional
Charitable giving -UK						41,159		41,159		20,642
Charitable giving -overseas
Total						41,159		41,159		20,642
List of institutiona I gra			nts payable			E
RCCG WEM						34,319		34,319		15,052
RCCG Central Office						960		960		960
Festival of Life						180		180		18Q
Others						5,700		5,700		4,450
Total grant payable	—institutional					41,159		41,159		20,642
9. COST OF ACTIVITIES IN		FURTHERANCE			OF CHARITY'S OB3EC
Partners and consultancy
Seminar, conferences		5.subscriptions				180 2.		2,180		1,156
Travel and subsistence						,539 19		19,539		1Q,160
Vehicle running and	repairs					3,656		3,656		9,193
Visiting minister's expenses						10,350		10,350		300
Community projects						3,485	30,062	33,547		29,059
Missions and evangelism						8,969	37,455	46,424		33,833
Welfare 5.hospitality						6,922		6,922		6,266
Telephone 8t. internet						1,459		1,459		1,653
Printing, postage, stationery				RITconsumables		2,237		2 237		4,142
Repairs, renewal and	maintenance					27,793		27,793		16,978
Worship cost, music	5.church			group		2,831		2,831		4,856
Utilities						?,543		7,543		3,595
Insurance						5,362		5,362		3,432
Volunteer expenses						93		93		93
Training 5development						2,863		2,863
Depreciation						23,551		23,551		9,722
						128,833	67,517	196,350		134,437

							Unrestricted	Restricted	Total	Total
							Funds	Funds	Funds	Funds
							2023	2023		2022
10.SUPPORT COSTS							f.		f
Telephone &.	internet						1,459		1,459	413
Printing, postage,		stationery		&.	IT consumables		1,491		1,491	475
Uti!ities							3,233		3,233	899
Admin Koffice expenses							3,244		3,244	2,480
Bank charges							6,188		6,188	3,937
Sundry expenses							2,866		2,866	660
							18,481		18,481	8,864
11.MANAGEMENT		AND GOVERNANCE				COSTS	f
Staff cost							56,595		56,595	50,516
Professional	fees	- Legal	&.	Leases			240		240	6,398
Professional	fees	—accountancy			&.examination		7,500		7,500	4,800
Professional	fees	—Other					983		983	925
Professional	fees	—accountancy			other		1,000		1,0QQ	2,125
							66,317		66,317	64,763

12. FIXED ASSETS
12a. BUILDING					Total	Total
					31-Mar	31-Mar
					2023	2022
						f
Cost at 1 April 2022					797,558	479,758
Additions in the year					82,024	317,800
Cost at 31 March 2023					879,582	797,558
12b. TANGIBLE ASSETS
	Motor	Musical	Computers	=urniture 5	Total	Total
	Vehicles	equipment	S.projectors	fittings	31-Mar	31-Mar
					2023	2022
Cost		f		f	f	f
At 1 April 2022	10,885	17,120	12,925	15,150	56,080	45,998
Additions	25,90Q	22,482	4,435	2,SQQ	55,317	10,082
At 31 March 2023	36,785	39,602	17,360	17,650	111,397	56,080
Depreciation
At 1 April 2022	5,156	9,442	8,181	11,284	34,063	24,351
Charge for the year	9,337	8,180	3,476	2,558	23,551	9,722
At 31 March 2023	14,493	17,622	11,65?	13,842	57,614	34,073
Net book value
At 31 March 2023	22,292	21,980	5,703	3,808	53,783	22,008
At 31 March 2Q22	5,729	7,679	4,734	3,866	22,008

13. DEBTORS							Year ended	Year ended
							31-Mar	31-Mar
							2023	2022
							E
Gift Aid Receivable							75,031
Other debtors							4,950
							79,981
14. CASH BALANCES				Unrestricted		Restricted	Total	Total
					Funds	Funds	Funds	Funds
					2023	2023	2023	2022
Bank balance
Building fund account						18,875	18,875	18,314
Current account				123,421			123,421	78,432
At 31 March 2021				123,421		18,875	142,295	96,746
							Year ended	Year ended
15. CREDITORS							31-Mar	31-Mar
								2022
							E
Accrual and deferred	income: Independent			Examiner's	fees		9,800	4,8QO
Short term
							9,800	4,800
							Year ended	Year ended
16a. LONG TERM LIABILITY							31-Mar	31-Mar
							2023	2022
							E
Mortgage (Triodos Bank)							463,220	447,615
							463,220	447,615
Amount represents	outstanding	balance	on	Mortgage	on church	flats.
16. STAFF COST AND NUMBERS							Year ended	Year ended
Staff costs were as	follows						31-Mar	31-Mar
							2023	2022
							E
Wages and salaries							5Q,376	43,940
Social security costs							4,524	4,848
Pensions							1,695	1,885
							56,595	50,673

17.	STAFF	NUMBERS									Year ended	Year ended
The	average	number	of	employee	during	the	year	was	as	follows	31-Mar	31-Mar
											2023	2022
											No.	No.

Pastoral
Charity	administration
Total

18. INVESTMENT INCOME	18. INVESTMENT INCOME	18. INVESTMENT INCOME
RENTAL INCOME ACCOUNT			Year ended		Year ended
			31-Mar		31-Mar
			2023		2022
Rental Income	from Church	Flats	51,013		32,113
Less mortgage	interest		20,387		14,425
Rental income	after interest		30,626		17,689
Expenditure
Management	Fee		6,743		5,557
Legal fees			584
Letting fees			270		894
Repairs 5.maintenance			11,136		14,893
Council rates			356		1,195
Insurance			1,708		1,710
Safety checks			1,089		1,844
Cleaning			410		365
Utilities			99		220
Equipment			1,082		1,082
Total expenditure			23,477		27,759
Net Rental Income			7 149	—	10070

ANALYSI	S OF NET	ASSE	TS BETWE	EN FLlNDS: CURRENT PER	IOD
					Unrestricted	Restricted	Total
					Funds	Funds	Funds
					2023	2023	2023
Tangible	fixed assets				53,783	879,582	933,365
Current	assets				123,421	18,875	142,296
Creditors	amount	falling	due within	one year	9,800		9,800
Creditors	amount	falling	due after	more than one year		-463,220	—463,220
					167,404	435,237	602,641
ANALYSIS OF NET		ASSETS BETWEEN FUNDS: PRIOR YEAR
					Unrestricted	Restricted	Total
					Funds	Funds	Funds
					2022	2022	2022
Tangible	fixed assets				22,008	797,558	819,566
Current	assets				78,432	18,314	96,746
Creditors	amount	falling	due within	one year	4,800		4,800
Creditors	amount	falling	due after	more than one year		-463,217	—463,217
					95,640	352,655	448,295

22. NET INC	OMING RESOURCESl(RES	OURCES EXPENDED)
			Year ended	Year ended
This is stated	after charging		31-Mar	31-Mar
			2023	2022
			E	E
Depreciation	of tangible assets owned	by the charity	23,551	9,722
Accountant's	fees		7,500	4,800