REDEEMED CHRISTIAN CHURCH OF GOD-
[RCCG] SANCTUARY OF POWER
Charlty REG.No 1120255
TRUSTEES. REPORT AND ACCOUNTS FOR
THE YEAR ENDED 31ST MARCH 2022
MOSES-BOLE&CO
CHARTERED CERTIFIED FORENSIC ACCOUNTANTS
CERTIFIED PROFESSIONAL ACCOUNTANTS/ TAX ADVISERS
And BUSINES CHARTERED MANAGEMENT CONSULTANTS
Leroy House Business Centre, Unit 4L
436 Essex Road, Islington. London, Nl 3QP

REDEEMED CHRISTIAN CHURCH OF GOD-
[RCCG] SANCTUARY OF POWER
LEGAL AND ADMINISTATIVE INFORMATION
Genaral overseer:
E.A. ADEBOYE
Trustees..
Mojisola Akinremi
Kehinde Ojediran
Catherine Atinuke Odumuyiwa
Florence Olufunke Akanmu
Registered Office
59 Hatfield Road
Dagenham
RM9 6JR
Minister In Charge..
Pastor Daniel Oluwole Akanmu
Charity No
1120255
Bankers
Lloyds TSB
Market Place
Romford Branch
P O Box 1000
BX11LT
Accountants
MOSES-BOLE&CO
39 Saints Brelades Court
Balmes Road
Hackney I Islington
London Nl 5wr

REDEEMED CHRISTIAN CHURCH OF GOD-
[RCCG] SANCTUARY OF POWER
CONTENT
Trustees and Advl$olB
Tru8tees' Report
2to3
Indgpendont Examln•r's Rep¢>rt to Trust••8
Statement of Financlal Activltl•$
Balance sh¢•t
Nots¥ fornilng part of the F5nanclal Statement
7t016

THE REDEEMED CHRISTIAN CHURCH OF GOD
Sanctua
of Power TRUSTEES REPORT YEAR END 2022
RCCG
The Trustees have pleasure in submstting their report and accounts for the year ended 31st March
2022. The financial statement has been prepared in accordance with the accounting policies set out
on pages 8 to 17 and comply with the statement of Recommended Practice ISORP 20151, and the
applicable law.
Structure. Governance and Management Constltution
The Charity is constituted under a Trust Deed dated and Charity 15 number on the central register of
the Charity Commission of England and Wales.
The principal Objertives of the Charity is the advan￿ment of the Christian faith worldwide and relief
of poverty.
Method of Appointment or Elertion of Trustees
The management of the charity is the ￿spOnsibl11ty of the Trustees who are elected and co-opted
under the terms of the Trust Deed.
Organisatlonal Strurture and Decision Maklng
The church is organised so that the trustees meet regularly to manage its affairs. There Is a part-time
Minister and Volunteers, who manage the day to day administration of the Church.
Related Party Relationships
RCCG- Sanctuary of Power is a member of Redeemed Christian Church of God IRCCGI which has
Parishes all over the world. The relationship is govemed by ari 'Agreement for common purposes.
between the parishes and RCCG.
Development activlties and achlevements In the year
The members who are with us have grown spiritually due to the various trainings they have received
especially the Ministers. During this 2019 Chflstmas, our Youth Department visited Queen Elizabeth
Hospital in Romford (Children Department) and made presentation of gifts to sick children.
Furthermore, Our Women Department vistted Summerfield Residential Home In Romford with
Christmas gifts.
Our weekly attendance has continued to increase and our need for a bigger place is now a matter of
necessity. The short term solution was for us to have two services every Sunday which is quite telling
on the pastors and volunteers. We believe that God will provide a solution in the coming year. We
have continued to engage with our community through the six projects that we run for the benefit
of the community. In order to reduce crime incident in the community. Evangelism was stepped-up.
We also do monthly Environmental Clean-up of our Community to the admiration of our
Neighbours. We had during the year organised projects for the need of the homeless and the
general public bringing together people to have some BBQ accompanled with music and bouncy
castle for the children. The best part of this event is that we invite people who have been freed from
drug use to share their testimonies to encourage others to do the same.
Rlsk Pollcv
The Trustees have assessed the major risks to which the Charity is exposed. particularly those
relating to the operations and finance and are satisfied with the risk management systems in place
to mitlgate any risk exposure.
IIPage

Future development
We are hopin8 to establish a new parish in 2017 as we could not achieve this, this year as our baby
parish still need5 SUPPOrting at this time. Our pursuit of acquiring a bigger place for the charity is
now very vigorou5 as it is now needed. A building committee is now in place, and they have
requested that a new bank account be opened to take all the building funds. Thi5 has been referred
to the trustees for approval.
The problem we have during winter at the end of the day at the shade project has continued to hunt
us and we hope to estsblish a night shelter in the near future if we have the money.
Finally, we are looking into the possibility of owning and running our own orphanage in the SQLSthern
part of Nigeria.
Review of financlal Position
The net incoming resources for the year amounted to £1,912.0212020 was £4,050)
All these have been unrestricted rese￿e5 and no fund is allotted to restrirted project5.
Reserve Policy
The trustees have established a policy whereby the unrestricted funds not committed or invested in
tangible fixed assets Ithe free reservesl held by the church should be 3 months of annual
expenditure. At this level, the trustees feel that they would be able to continue the current activities
of the church in the event of significant drop in funding.
Principal Funding
Thi5 is provided mainly through voluntary tithes and offerings by the church member5.
Pledges are also taken for specific projects.
Statement of Trustees, Responsiblllties
The Charities Att requires the Trustees to prepare financial statements for eath financial
year, which give a true and fair view of the surplus or deficit of the charity for that period.
Of the state of affairs of the charity and in preparing those financial statements, the trustees
are requested to..
Selett suitable accounting policies and then apply them consistently,.
11. Make judgements and estimates that are reasonable and prudent;
iii. State whether applicable accounting standards and statements of recommended practice
have been followed, subject to any departures disclosed and explained in the financial
statements;
iv. Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the financial statements comply with the Charities Art 2011 They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularlties.
2 IPage

Trustees and other informatlon
The members of the Board of Tnjstees who served during the yearwere:
Moiisola Akinremi
Kehinde Ojediran
CatherlneAtinuke Odumuyiwa
Floren￿ Olufunke Akanmu
This report was approved by the Board of Trustees on the
signed
n its behalf by..
ary to the Board of Trustees.

MOSES-BOLE & CO
Man&9ement CoDsultants
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES
RE
EE
RISTIAN CH
HOF
OD- SANCTUA
I report on the accounts of the charityforthe year ended 311ST March 2022, which are set
out below and notes to the financial statements on pages 7 to 16
Respectlve responsibilities of Trustees and Examiners
As the Charrty's Trustees, you are responsible for the preparation of the accountS,- YOU
consider that an audit is not required for this year (under section 14412} of the Charity Act
2011lthe 2011 act) and that an Independent examination is needed. It is my responsibility to
Examine the account (under section 145 o* the Act)-
follow the procedures laid down in the General Directions given by the Charity;
Commission {under sertion 145151 Ibl of the 2011 Act and
State whether particular matters have come to my attention.
Basis of Independent Examinerfs report
My examination was carried out in accordance with the general directions given by the
Charity Commission. An examination includes review of the accounting records kept by the
Charity and a comparison of the accounts presented wrth those records.
It a150 includes consideration of any unusual items or disclosures in the accounts and seeking
explanations from you as the Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as to whether the account5 present a "true and fair
vieW' and the report is limited to those matters set out in the statement below.
Independent Examinerfs Statements
In connection with the examination, no matter has come to my attention:.
l} Which give me reasonable cause to believe that in any material respect the
requirements
To keep accountlng records in accordance with section 130 of the 2011 Act;
To prepare accounts which accord wlth the accounting records and to
complywith the accounting requirementsof the 2011Act have not been met
or
To which. irtr my opinion, attention should be drawn in order to enable a proper understandin8 of the
account5 to be reached
Moses O E Igunnubole. BA (HONSJ FAIA FCPA FFA FIPA FfA. FIC CPFA...
Managing Partner
MOSES-BOLE&CO
Chortered Certified Forensic AccountuntS
Certified Professional Accountontsnax Advisers
And Business Chartered ManogemerRt Consultonts
Tell +4410120 770&. 2525 Email I mosesbolefftaDI£otn
Faxl*4410120 73542035 Web,,
LeroyHouse Bu5inessCentre.UThlt
wiyw.m05e5.boleLom 436ESSEX Roadlslington.LondoTh.Nl 3QP
4-L

REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]4ANCTUARY OF POWER
STATEMENT OF FINANCIAL ACTIVtTIES FOR THE YEAR ENDED 31ST MARCH 2022
Restricted
Unro$ln¢ted *n¢ome Endowmon
Funds
Funds
Funds
Note5
Prior
Totsl
Funds
Functs
R•commended Categor1￿ by actlvlty
In¢ominy r•sour¢•5
Income and endowments from:
Donations and kdga(xes
Total
Resourc•s •xpend•d
Exp•ndlture on:
Direct Cost
Support Cost
Governance Cost
Total
67,070.40
67.070AO
67,070 40
67.070AO
61.203
61,203
48,334.58
15,723.80
1,100.00
66,158.38
48,334.58
15,723.80
1.100.00
65,1S8.38
40,845
15.208
1,1CK)
57,153
Net incomell•xps.I b•fore invo8tmant gain8111088881
Extraordinary items
Transfers bgtsveen funds
Other recognised 9aln51{loss•s)z
Gains and loss¥$ on revaluat'on of fixed
Other gainslllosse51
1912.02
1912.02
4.050
Re¢onclllation of fvndsE
Total funds brought forward
Totsl fund8 ¢arri8d forward
14 881.78
16 793.78
14,881 76
16 793.78

REDEEMED CHRISnAN CHURCH OF GODLRCCGJ-SANCTW OF POWER
BALANCE SHEET AS AT 31ST IWiCH 2022
Totsl
Last
Year
Ftsnds
Flxed assets
Tangibte assa
T¢Jtal )Ix8d assets
Funds
8.928.93
8,928.93
6.337
Cash at bank aNI in Imnd
Totsj cJJrrent as
8.S64.85
8AK85
8,985
Net ajrrent ass&￿(fI*ll1￿s)
Total as$8ts kn (xrn riatslks
1.100
7.865
CTedltors.' amourts f￿ling due8fterc*ie1 7
Provisions for I￿(11be3
14202
Totaj netassets or liat¥
Funds ofthè Clwity
Unréstricted funds
16.79&78
14.202
1QTrJ3.78
Total funds
16.7W3.78
14,￿
16.793.78
202
prtnt Name..

REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-SANCTUARY OF POWER
NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022
Not• 1 Basls of pr•p•ratlon
1.1 Basls ol a¢countlng
The* accounts have been prepatwj underts hk8torical cost ox)vention w*th itw77s wnised
At ￿$t ortransaction value unless Other¥￿Se st*d In Ihe relevant Th)te(s1 to tw aco)unts.
Thè accounts have been prepared in a￿Orden￿ vAth.
* a￿1 wilh.
the Statement of RecOmn￿nded PraLts' kn¥Atnb"rKJ Rep(¥1aThJ by Ch8rits9
prepanNJ their acC￿rrtS in aCcor(lan￿ with the Finartual Reports'ro Standar¢
pplicable in the UK arKI Republic of I￿L￿[kI IFRS 1021 issws rm 16 July 2014
' and with.
th8 FiTranck81 ReporbThJ Standard *t(able ￿ the Unrtal lfj.w￿n and RepL*lie
of I￿land IFRS 1021
and wrth the Chants'es Act 2011.
The charity consb"tLrte8 a publrc benefft entrty as defi￿1 by FRS 102."
1.2 Oolnq conc•rn
Conslderfng the stead lèvelof incoming reS￿IC•S andmemknhlp numbèrlhe Charftyls
a g￿￿9 concern wlth no &nyknown unforn$￿ ¢lr¢umstanc•
1.3 Ch*ry• •f *cco¥ntlng pollcy
The accounts present a true and fair VVAf a￿1 thè aC￿Unti￿￿ polws are those OLtUtwJ in
the note with no tharYJe in policy
1.4 chaTh9￿ to accounllng estimat•s
No Changes to accountsng estirnates have (*tur￿j in th8 perioJ13.46 FRS 1172 SORPI.
1.5 Mat•rlal prlor y•ar •ffoYs
No material pricy year error have been in the reFKJrb"ng period {3.47 FRS 102 SORPI.

REDEEMED CHRISTIAN CHURCH OF GODtRCCGJ-SANCTUARY OF POWER
NOTES TO THE ACCOUNTS
CONTINUED
FOR THE YEAR ENDED 31ST MARCH 2022
Not• 2
2.1 INCOME
This standard list of accounting poliaes has been applied by the charty except forthose ticked No or
'Nla Where a dIffe￿￿t 018ddilional policy has been adopted then 1hi$ is detailed in the box telow.
Ac¢oUn￿n9 pollcle8
R•eognltlon of In¢ome
These a￿ included in the Statement of Financial ACh"v￿.es ISOFAI when..
. the charfty beo)mes 8nt￿ed lo the resour￿$.,
it is more Ilkgly than not that the trustees wll re￿1ve thè resources," and
th6 monetary value can bg rneasuied ￿fjth sufficient ￿liabIlity.
There is no legacy received during this peri¢yY_
Grants •nd donatlons
Grants and donations arè only induded in the SOFA whan the gener81 income recognition crrteria are
met15.10 to 5. 12 FRS 102 SORPI.
In the case of perforrnance related grants, income must onty be rec¥)gnised to the extsnt that the
tharity has provKled the specified goods or servicos as entilament lo the grant only owurs when the
perfomiance related conditions are met15.16 FRS 102 SORPI
L•gacleg
There Is no legacy receN8d during this period.
Government grants
No gov8rnrnent grant was received dunng this pèriod.
Tax reelaims on donotlons and 91ft5
Gift Aid receivab161s induded In incorne when there is 8 valid decl8r81ion frorn the donor. Any Gift
Aid amoLtnl recoverèd on a donation is considered to bÈ part ol that girt and is trèated as an addition
lo the same fvnd as the initial donation un1¢88 the donor or the terms of the appeal have speafièd
otherwisè.
contrac￿#1 Incom• and perfornianc• r•lat•d gr•rt•
This is not applicable
Donated goods
This 1$ not applicable
Donat•d s•Thlcu and fa¢llltle•
Dorn8ted services and facilth.es are induded in the SOFA when re¢ewed at the value of the grft lo the
chanty provided the value of the gift can t* measured ￿liablY
Don*ed serviees and lacilrt16s that are Consumed immediatety are recognised a8 income ￿￿th an
equivalent amount recognised as an 8ypense underthe appropriate ￿￿adIng in the SOFA.
Support costs
The Charity has incurred expenditure on support costs.
V0￿￿te0r help
The value ol any voluntary help received is not induded in the accounts but is described in th8
trustees, annual report.
Incom• from Int•r•sl royaltl•g and dlvldends
Not applicable during this period.

Incom• from m•mbershlp subxriptlons
Tithes and offering received from the mwnters ars in the ri￿re of a 9rft are as Donations.
and Legacies
Insuran￿ daims are onty induded in the SOFA the g￿er* inccrfne ￿nth"on uitena are
m&l15.10 to 5.12 FRS 1￿2 SORPI and are as an rtem of 0￿r u)cune in SOF
Investmffit galns *nd loss•s
This includes any realised or Un￿all8ed gains or I￿seS on the sale of Investments and any gan or
loss resulting from revaluing investsnents to market valLre at the eThJ of the year.
2.2 EXPENDITURE AND LIABILITIES
Liablllty r•cognltlon
Liabilit16S are recognised where rt is rrKJre IW than r•)tthat there is a Wl or c4Jnstru(*'ve 0￿19￿￿0n
commitbng the ¢harity to pay out resour￿ and the amwntoflh& oL4i9ati￿ can meagjred wth
reasonable ￿rtaInty
Gov•manc• ¥nd support costs
Support costs have been allocated belween g0Vem8n￿ CO￿ and other supw)FL Goveman(* ￿$ts
comprise all costs involving public accountsknity of the tharity and ts ¢X)mpjian￿ wth regulab.on and
goo¢J pracb'ce.
Support costs ind(Mle central fUl￿on$ and have been to thty O￿t categorEs C￿ a basis
consistent wth the use of resourees. eg allo(xting property ¢>)sts by floor areas. or per cayta, slaff
costs by the tirne spent and other costs by th￿r ￿￿e.
Grants wlth porlorniane• ¢ondltlon¥
The Chanty Is not awarding grant to any organtsalK)n
whe￿ there are no con￿￿'0nS attaching to the grant that enaL*s ￿￿Or charity to realK8tM21
avoid the cornmitment, a liability for Ihe fijll fijnding OtlvJats"on must ￿ recognised.
Redundan¢y cost
The charty made no redundancy payinenls during the rep)rb"ng K*fk)tt.
D•fgrred Incom•
No material item of deferred Intt>me has induded in the acwjnts.
Cr•dltors
The chartty has creditors whth are measured atS81l1e￿ am¢JJnts ￿ any trade disryjunts
Pyovlslons for Ilablllti
A liability is measured on recognthn at rts histon.cal cost and then subsequenty ￿sure(l * Ihe
test estirnate Oft￿ arnount required to setlje the ￿ligatI)n at reporting 11*
Basle flnanclal Instruments
The charity accounts for basic finanrA81 instruments on intsl re(rynrb"on as F*r paragraph 10.7 FRS
102 SORP Subsequent measurement ¢s as per paragraphs 11.17 to 11.19, FRS 1W2 SORP.
2.3 ASSETS
Tanglbl• Ilxod ￿Sets for use by charlty
These a￿ Ggpitalised ifthey be u*Y for [r￿than one year. rJ)st at kagt
Thoy are valued al cost.
The depreciati￿ rates and methods used are dis(*)s&l in not& 141.

Int*nglbl• flx•d ass•ts
The charrty has intangible fix8d assets, that 18, non-monetary assets that do not have physical
substance but are idents"fiable and are controlled by the charity ihrough custody or legal rights. The
amorb"8ation rates and mÈthods used are disclosed in note 15 They ar8 valued at cost.
H•rlla9• as••ts
Thè chanty has heritage assets. that is, non-monetary a88ets WFth historic, artist￿. saenlffi
tschnological, geophysi(£l or environm&ntal qualits'es that are held and maintained prinapally for their
contn'bulion to knowledge and ¢y￿ure. The deptsoation rates 8nd methods used a8 disdosed in note 16.
They are value¢ al wst.
Inv•stments
Fixed asset investmènts in quoted sh8res, traded bonds and sirnilar Inve8tments are valued at initially
at cost and subsequèntly at fair value Ilheir market valuel at the year end. The same treatment 1$
applied to unlisted invèstments unless fair value cannot be rneasured reliably in which case f( is
measured at Cost less impainnent.
Investments held for resale or ponding their sale and cash and cash equlvalonts wrth a maturity dat6
of less than 1 year are trèated as current asset investm6r)ts
stocks and work In progr•s•
Stocks held for sale as part of norrfhaiitable trade are measU￿d at the lower or cost or net realiskble vajue.
Goods or servl¢es promded as part of 8 charitable actimty are measured at nel reali¥able value
based on the Servi￿ potential provided by items of stock.
Work In progress is valued at cost less any foreseeable10s8 that is likety to o(xur on the cA)ntract.
D•bto
Debtors (including trade debtors and108ns re￿1Vable) are rneasuied on In￿al reCognit￿n al
settlernent amount aftar any trade dis<x>unts or arnounl advanced by the ¢*arity. Subsequentty, they
are measured at the cash or other consKleration exped&d lo be received.
Cumint aM•t Investments
The charity has has investments which It holds for resale or pending their sal8 and cash and cash
equivalents wrth a rnaturity date less than one year. These indude cash on deposit and c25h
equivalents wth a maturity date of16ss than one year held for investsnent purposas rather than to
meet short term cash o)mmitments as they f811 due.
They are v81ued at fair valutr except where they quality as ba$1¢ finanaal instrurnenls.
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THose ABOVE
rhere is no any oth9r policyos adoptèd.
10

RÉDEEMED CNRISTIAJI CHURCH OF GODtRCCGFSAKWOF POIIER
NOTE5 TO THEACCOUNTS
Not• 3
C(X4nNUED FCNtTHE YEAR EtIr￿ 315T 2022
Fund¥
Offenngs
Thank5gMng
B￿ldinG
Affiran m￿s1On
Spe￿1 Th8nk8gi¥
T•t•l
e4J.453.40
4.563 IKI
1.974.¢X)
.453.40
4.563.Cl)
1.974L
20fy)
53.180
5,651
0.40
87.070Aa
81203
O¢h•r ￿tIV￿￿.
TOTAL INCOMI
67.07QAO
,070AO 61303.27
Oth•r Inlormmllw
11

REDEEMED CHRISTIAN CHURCH OF GODtRCCGJ4ANcfuARY OF POWER
NOTES TO THE A¢GOUNTS
CONTINUED
FOR THE YEAR ENDED 31ST MARCH 2022
Not• 4
An•lysls of •Jwnrfiturn
R••trictsd
Unre5trictsd incomo ETrdowm
Fund8
Funds
Funds
Anaty$ls of •xp8ndlture
Prlor
year
Funds
Total
FuTrds
DIRECT COST
World Evangelism Mission
Festival of Lrfe
RCCKentral Officè
Honouiarium-visiting Mini%tsrs
WÈlfar8
Seminars. Conferen￿$ & Retreats
Ministry Advancement
Pastors, & Ministers, Alowantss
Premise5 Cost
Books, CD8 and Tapes
Gifts & Donations
1,388.48
1,388.48
1,986
350
1,400
1,050
7,940
1,200.00
1.200.00
6,170.10
5,001.
900.00
10,800.00
19,800.C()
325 CX)
2.750.00
6,170.10
5,001.00
900.00
10.800.00
19.800.00
325.00
2,7￿.00
500
24.750
350
1,519
48.33458
48 334.58
SUPPORT COST
Planning Perrni5sion Exp8ns8S
Repairs and rn8intenance
Printlng. P051age and Slab"onary
Electriuty & Gas
Insurance
Bu5ine8s rate5
Accomodation & Travel Exp8nsas
R8fre$hm8nt and Entertainment
TTrinin9
Depreciation
Fuel, parking & Motor ExFeTr8es
Computin9 & IT Expense5
Journals & Periodi(a
Cleaninglsecurty
Covid Expen58S
storage Expense8
687
2,051
635
513
383
2,519
865 66
784 91
1C6.09
841.83
1,985 13
188.47
2.290.88
770.00
2,976.31
3,281.34
233.18
150.00
I,0￿.00
865.66
784.91
106.09
841.83
1.985.13
188.47
2.290.88
770.00
2,976 31
3,281 34
233.18
150.00
1,000 00
942
1,075
2.112
352
820
250.00
16.723.80
250 00
15 723.80
1S.208
TOTAL EXPENDITURE
64,058.38
84,058.38
66.053
12

REDEEMED CHRISTIAN CHURCH OF GODtRCCGI.SANCTUARY OF POWER
NOTES TO THE ACCOUNTS
CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2022
Note 5
D•talls of eertain Item$ of oxp•ndltur•
5. 1 Fees for examination of the accounts
Please provide details of the amount paid for any slalutory external scrutiny of accounts and
other services provided by your ind8pendenl examiner. If nothing was paid plea* enler'o,
In the appropriate box{esl.
GOVERNANCE COST
Thls Year
Last Year
Independent examinels fees
Legal Fees (Filing)
Assuran￿ services other than audit or independent examination
Tax advisory fees
Other fees (for example.. financial advice, accountancy $8rvices)-
paid to the independent examiner
325 00
125.00
325.00
125.00
650.00
650.00
1,100.00
1.100.00
13

REDEEMED CHRISTIAN CHURCH OF GODtRCCG]-SANCTUARY OF POWER
NOTES TO THE ACCOUNTS
CONTINUED
FOR ThÈ YEAR ENDED 31ST MARCH 2022
Noto 6
Tanvlblo ffxed assets L•asehold
Motor
Comput•r Fumltur8. FFttlngs
land &
V•hlcl? Equipment
& Equlpmo
buildings
Totsl
At the Winning of tha ygar
3,905.97
17.540.49
21.446.48
Additrons
8.00
4,629.93
5.567.93
RevaluatK)n5
Disposals
Tran$fers' or Deductl
At end of tha yaar
4,843.97
22.170.42
27,014.39
6.2 Dep￿cIatIon and irnpalmignts
Basls
Long Terni Leasehold PropBty
MotcrVehl¢le
Fixtu￿ & Fithng$
Offio Equipment
Comput8r Equipment
Reduthng Balan
25% Reducing Balanc8
25% Reduting Balan
25% Reduang Balan
25% Reducing Balan
Rale
At begSnning of y88r
Disposa
Depreciation
Impaiment
Transfers" (Add or ￿uctI
At end of year
2,269.66
12,839.49
15,109.15
643.58
2,332.73
2,97e.31
2,913.24
15.172.22
18.085.46
6.3 Not book valug
Nel book value at the beginning of the Yr.
Net book value at the end of the year
1,636.31
1,930.73
4,701 00
6,998.20
6.337.31
8,928.93
6.4 Impalrm8nt
Please provKJe a description of th8 evgnts and drcum5tan¢es that led to Ihe recognth.on or
rev8rsal of 8n irnpairment1088.
6.5 R•valtFatlon
If an 2c¢ounting policy of r8V8lualon is adopted, please provide..
thè effethe date ofthe r8V8luatK)n= NIA
the name of independent valuer, rf applKable= NIA
th& methods appl￿d and slgnffic8ntassurnptions= NIA
the (afrying amoLtnt that woukl have been recognlsed had the assets been carrSed under the
¢ost model.
6.6 Othor d15closuros
111 Pbase $tste the 8mount of borrowing co$l$. rf any, Ixpitalised in the construcbon of tangible
rued assets and the capilalisation rate Us￿. = NIA
lill Pl¥as8 provide the amount of contradual commitments for th& ac4ui$ltion ol tangib￿ fixed
assets. NIA
11151 Detsils Oftt￿ exi8tence and carrying amounts of property, plant snd equiprrftnt to the
charity h88 restricted tilb or that are pled￿ as security for liabili18S.
NIA
14

REDEEMED CHRISTIAN CHURCH OF GODtRCCG]-SANCTUARY OF POWER
NOTES TO THE ACCOUNTS ICONTINUED
FOR THE YEAR ENDED 31ST MARCH 2022
Note 7
Crodltors and accwals
Please complete this note if the charity has any creditors or accruals.
7.1 Analysis of credltors
Amounts falling
due after more
than one year
isye
r Last Year
Amounts falllng due
within one year
This Year Last Ye
Accnjals and deferred income
Total
1,100.00
1,100.00
1,100 00
1,100.00
THERE IS NO DEFERRED INCOME DURING THIS PERIOD
15

REDEEMED CHRISTIAN CHURCH OF GODtRCCG}-SANCTUARY OF POWER
NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 31ST MARCH 2022
Not• 8
Cash * bank and In hand
This Year
Last Year
Cash at bank and on hand
Total
8.964.85
8.964.85
9,6H
16