REDEEMED CHRISTIAN CHURCH OF GOD- [RCCGJ SANCTUARY OF POWER Charity REG.No 1120255 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023 MOSES-BOLE&CO CHARTERED CERTIFIED FORENSIC ACCOUNTANTS CERTIFIED PROFESSIONAL ACCOUNTANTS/ TAX ADVISERS And BUSINES CHARTERED MANAGEMENT CONSULTANTS 39 SAINTS BREIADES COURT BALMES ROAD LONDON NI 5TW
REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG SANCTUARY OF POWER CONTENT TrustÈ•s and Advl8eYs Tru8t888' Report 1bto3 Indendent Examiner's Report to the Trn$t098 ststementof Flnanctal Actfjvrtie Balan¢• shegt Not•# fomiing part of the Financlal Statsmènt 7t016
REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG] SANCTUARY OF POWER LEGAL AND ADMINISTATIVE INFORMATION Genaral overseer". E.A. ADEBOYE Trustees: Mrs. Folasade Olanrewaju Olushanu Mojisola Akinremi Kehinde Ojediran Catherine Atinuke Odumuyiwa Florence Olufunke Akanmu Registered Office 59 Haffield Road Dagenham RM9 6JR Minister In Charge: Pastor Daniel Oluwole Akanmu Charity No 1120265 Bankers Lloyds TSB Market Place Romford Branch P O Box 1000 8X11LT Accountants MOSES-BOLE & CO 39 Saint Brelades Court Balmes Road IslingtonlHackney London N15TW la
THE REDEEMED CHRISTIAN CHURCH OF GOD RCCG Sanctua of Power TRUSTEES REPORT YEAR END 2023 The Trustees have pleasure in submitting their report and accounts for the year ended 31st March 2023. The finantial statement has been prepared in accordan with the accounting poltcies set out on pages 8 to 17 and comply with the staternent of Recommended Prattice ISORP 2015}. and the applicable law. Structhre, Governance and Management Constltutlon The Charity Is constituted under a Trust Deed dated and Charity is number on the central re8lSter of the Charlty Commission of England and Wales. The prlnclpal Oblettives of the Charity is the advancement of the Chrlstian faith worldwide and rellef of poverty. Method of Appolntment or Electlon of Trustees The management of the charity is the re5ponsibllfty of the Trustees who are elerted and co-opted under the terms of the Trust Deed. Organlsatlonal Strurture and Decision Maklng The church is organised 50 that the trustees meet regularly to manage its affarrs. There 15 a part-time Mlnlster and Volunteers, who manage the day to day admlnistration of the churth. Related Party Relatlonshlps RCCG- Santtuary of Power is a member of Redeemed Christlan Church of God IRCCGI whlch has Parishes all over the wortd. The relatlon5hip 15 8overned by an 'A8reement for common purpose5. between the parlshe5 and RCCG. Development actlvltles and achlevements lft the year The members who are with us have grown spiritually due to the varlous trainings they have retelved especlally the Minlster5. During this 2022-2023 Chrrstmas, our Youth Department visited Queen Eliiabeth Hospltal in Romford Ichildren Departmentl and made presentatlon of gifts to 51ck children. Furthermore, Our Women Department vlsited Summerfield Residential Home in Romford wlth Chrlstma$ gifts. Our weekly attendance has continued to inttease and our need for a blg8er place Is now a matter of necesslty. The short temi solution was for Lrs to have two services every Sunday whlch is qulte telling on the pastors and volunteers. We believe that God will provide a 501utlon in the comlng year. We have continued to en8a8e wtth our community through the six projects that we run for the beneflt of the community. In order to reduce crime Incldent In the wmmunlty, Evan8eli5m was stepped-up. We also do monthly Envlronmental Clean-up of our Community to the admiratlon of our Nei8hbours. We had during the year organised projects for the need of the homeless and the Beneral publlc brin8Sng together people to have some BBQ accompanied with music and bouncy castle for the chlldren. The best part of this event is that we invite people who have been freed from drug use to share their testimonies to encourage other5 to do the same. Risk Pollcv The Trustees have assessed the major risks to whlch the a)arity is exposed, particularly those relating to the operations and finance and are sat15fied with the risk managernent systems in place to mitigate any risk exposure.
Future development We are hoping to establish a new parish in 2017 as we could not achieve this, this year as 0r bèby parish still need5 SUPPOrting at this time. Our pursuit of acqurring a bigger place for the charty Is now very vigorous as it is now needed. A bvilding commtttee is now in place, and they have requested that a new bank account be opened to take all the building Mnds. This 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 establish a night shelter in the near future if we have the monev. Finally, we are looking into the possibility of owning and running our own orphanage in the southern part of Nigeria. Revlew of flnanclal Posltlon The net Incomin8 reSOurS for the year amounted to £-1,592.411 was £1,912) All these have been unrestrltted reserves and no fund is allotted to restricted projects. Reserve Policy The trustees have established a pollcy whereby the unrestritted funds not committed or invested in tangible fixed assets Ithe free re5erves] 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 activltles of the church In the event of si8nificant drop in fundin8. Prlnclpal F4tndin8 This is provided mainly through voluntary tithes and offerln8s by the church members. Pledges are also taken for speclfic projerts. Statement of Trustees. Responslbllltles The Charities Att requires the Trustees to prepare financlal statements for each financlal vear, which give a true and falr view of the surplus or deficit of the charity for that period. Of the state of affairs of the charity and In preparin8 those financlal statement5, the trustees are requested to.. l. Select sultable accountin8 policies and then apply them conslstently; 11. Make judgements and estlmates that are reasonable and prudent.. 111. State whether applicable accountlng standards and statements of recommended prattice have been followed. subject to any departures disclosed and explained in the financial statement5,' fv. Prepare the financial statements on the goin8 concern basis unless It Is Inappropriate to presume that the charlty will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose wlth reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charitie5 Att 2011 They are also responsible for safeguarding the a5set5 of the charity an(J hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. 21Page
-. mb& tsl ihe a?did vl Tiu¥r¢e5 who ieThvtl ttuJJnAthul Mcsjisola Ak¢n¥or cathineAThuk Qttumu¥Sw& Imis resoit 4opfoveiJ hthE BoJrd o?Tiusies on tbp OT.. Et..knSlf -tPl.F-I Aht 8oard olTIwpe5.
Trustees and other infomiation The members of the Board of Trustees who served during the year were.. MoSisola Aklnremi Kehlnde Ojediran Catherine Atlnuke Odumuylwa Florence Olufunke Akanmu This report was approved by the Board of Trustees on the signed on its behalf by.. and Secretary to the 8oard of Trustees.
MOSES-BOLE & CO INDEPENDENT EXAMINEWS REPORT TO THE TRUSTEES EDE Proi&%Sipnai Ac(LU.?tsrLSdd BSInesS MartagementCorysultant5 I report on the accounts of the charity for the year ended 311sf March 2023. whrch are set out below and notes to the financial ststements on pages 7 to 16 Respective responsibilities of Trustees and Examlners As the Charitys Trustees. you are responsible for the preparation of the accounts: you consider that an audit is not required for thi5 year (under 5ettion 144(21 of the Charity Act 2011lthe 2011 att) and that an independent examination 15 needed. It is my responsibility to Examine the account (under section 145 of the Artl: follow the proodures laid down in the General Oirections given by the Charity; Commission (under settion 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 record5 kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual rtems or disclosures in the accounts and seeking explanations from you as the Trustees Conrning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audtt and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. Independent Examinerfs Statements In connettion 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 accounting record5 in accordance with sertion 130 of the 2011 Act,. To preparé accounts which accord wfth the accounting records and to comply with the accounting requirements of the 2011 Act have not been met or To which, in my opinion, attention should be drawn in orderto enable a proper understanding of the accounts to be reathed Moses O E Igunnubole. BA (HONSJ FAI4 FCP4 FF4 AP Managing Pt7rtner MOSES-BOLE&CO CPFA.. Churtered CertifledForensicAccountonts Certified ProfessionolAccountontsnt7xAdvisers And Business ChorteredMont7gement Consultonts 6)/ T&1/ +4410120 77042525 Emalti )SesLcTh LwHous@8u4nessCetfft.Lknit 11 Fax/44 roi207354 2035 V*bi 436ES5EXR1L%hWtOn. L,7 3QP
REOEEMED CHRISTIAN CHLIRCH OF GOD[RCCGJ4ANCTUARY OF POVIER STATEMENT OF FINANCIALACTtVlTIES FOR THE YEAR ENDED 31ST MARCN 2023 Notes Re5tri¢ted UnstrIcted Endowmer FuThJs Funds Funds Prior ye8r Fund$ Tota Fun(ts ft•comrno*derf ¢a¢•yoYi•s by actlvlty In¢omlMg r•¥ourc Income and ondowmèrts from.. Donations an¢ 93e& Tow R•8our¢•¥ •xpènd• Exp•ndlture 9th: Direct Cost Support Cost GOve[n8n Cost Total 73.348.85 74318.85 73.348 85 73,348.8S 67.070 67,070 52,249 55 21.591.71 1.1.00 74,941.26 52.249.55 21.591.71 1.10000 74941.26 48,3 YS.724 M•t rnovem•nt In fvnd8 64158 -1692.41 -1S92.41 Rocon¢lJlation olfundsi Total fvnds browhl forward rotal iunth ¢arrr•d fonvard 1.912 16.793.78 15 201.37 16.7WJ.78 15 201.37 14,882
REOEEMED CIIRLSTIAMCHIJR¢II OFGOOIRCCGJ.SAwclliARV QFPOWER 81Lthck ShCET ASA T 3T4T ¥4PCK10i3 L#ii l•p#t4 4¥4cts rrlA' IICY67 t?M7r7 CJip•.'bJp 4-4474r•J 14 44t3YJ 4r.3y4 421) 1• l Jwtrj . I 15211 JF T4ts1 15W137 4i.J
REDEEMED CHRISTIAN CHURCH OF GOD[RCCGJ-SANCTUARY OF POWER BALANCE SHEET AS AT 31ST WRCH 2023 ReStrted Nots8 Unrestricted income Endowman Fur5 Fund5 Funds Total Ls$t Ye8r Total Funds Fixed assets T£ngib* assets Total lixed s$sels 12,087.67 12,087.87 12,087 67 12.087.67 8.929 8,929 Current as80ts Cash at bank ad In hand Total current 8$sets 4,213.70 4 213.70 4.213.70 4 213.70 8.965 8,966 Credttorn: amounts falllng due thin o Nei current assetsllliabilibesl Total essets less current li8bilitie5 1,100.(K> 1,1CQ.00 1.100 3.113.70 4113.70 7,afjs 15.201.37 15,201.37 Creditors". amounts falling due after yf Provisions for liabilities 16,794 Total net assets or liablt$ Funds of the Charity Unr&strted funds Revaluation reserve Totsl funds 15.201.37 15,201.37 15,201.37 15,201.37 16,794 15 201.37 15.201.37 16,794 Signed by one or trustees on bahaw of all the tru5ts•5.' Signature.. Date of approv81.. Print N8me'.
REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-SANCTUARY OF POWER NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023 No¢• 1 B•81 pr•paratlon 1.1 Ba818 of aceountlng These a(ourts have been ppad underthe historical cost convention with items C0nr$ed at cost or Iran8aclion value unle58 otrrwise Staled in the rele¥8nl notelsl to Ihese accounts. The 8ccounts have been prepared in accord8nce with ' and with. Stalernent of RecommerKled Pr8ctrrE' Atcounting and Reporting by Charpbes preparing fvir accounts in ac¢ordance with the Financial Reporting Standard 8ppllcable in the UK and Republic of Ireland IFRS 1021 issuJ on 16 July 2014 the Fhancial Reporting SlaThYard applitrable in United lfjngdom 8nd Rewblic of IreL4rh1 IFRS 1021 and Wlh th8 CharitS Aet2011. ' %trith' The tharFtynStIfutes a Publ benefft enlty8s defirÉd by FRS 102." 1.2 Golny etsncern Consid•rf*g tho ste&dieveloflne(Jmlng resou+5ndthets8 numbwthe cty15 a concern with no onyknoLvn Unfor0 ¢1Ulsta¢8 1.3 Chaffjge of accourfing polley Thè accounts present a and lair view8rKI the actounbrKJ wliues adopted are those oulline(I the note Wtih no change in policy 1.4 Changes to aCC•UknUng •¥tlmat•• No ch8nge& to accoun¥ng estimates have 0¢cUn in the reporbng peric#113.46 FRS 102 SORPI. 1.8 M•tsrla• prfor y••r error¥ No m8lÈrial pnfrrar errorhave klenlffied in the reporting KEriod13.47 FRS 102 SORPI.
REDEEMED CHRISTIAN CHURCH OF GODtRCCGJ-SANCTUARY OF POWER NOTES TO THe ACCOU14TS IcoKnNUEOI FOR THE YEAR ENDED 31ST AIARCH 2023 Not• 2 Z1 INCOME This standard list ofac£ounb"IvJ has teen ap by ts Chathyept fvr those ticknd No 'Wla". Where a dfverrt Oradd"0nal KW)Iw h85 been •Jcyt•Y then thts i5 dgtaikd in the t)x b810w. Rgcognltloh Ineom• Th95e 4re induded in the St4tsment of Financol ISOFAI then.' . the chanty beC0rr onlrtltyy to the resourt8S." . more11(ety than not that the trustee¥ w1 r8t•rb th8 rBstyJr¢•¥,' •rttJ . the mongtary val can bg me•Sj h 8uffKwrt ¥bty. A¢cownth¥ p•Jlel•s l>ll••ttl There ts no acy durthg thi• OrnTrt and don•tl•n• Grants and donatnS •r• inthtsj In SOFA I1 r•ecgnkn'on cntena 4r• mot15.10 to 5 12 FRS 102 SORPI. In tllo ¢ase of porferrnan¢e f•lAt¢d grnnls. incom? musi onty be re¢c¥Jnwd to the extent thwt th• ¢hanty h88 provideé th8 •pe¢rfd goods or $¢ThK•8 01 eAtonI to tm gr•nt onty th• p•rtorn•ncg r81otsd Coltt) ore mot15.16 FRS 1tr2 SORPI Ther• is no cy duriw Ihr• port. Oov•rnrn•nt ntI No goveMm8nl grant WA¥ ptrA. T•x r•clalm• on d0nthtkn •nd g1ft• Glft Aid recewable IncliKJed In Ineome tlw• kn • vafKJ d•eLgr•Uon from Ihe ¢SJnor. Any Grfl amount recov•r•d on • d¢)n8tton * consthrnd to te pfirt th8t grfl ond •¥ an •Jdltbn to tho Some fun# as the inttwl ¢Jonation unkns thè olth& ¥ppe•l $F•>fd Th18 Is not ippllcab Th1• Ja not Ippli¢8bt• Dont•d wwlcm •hd l•eMftI•• Donated $oryU$ 8nd faell# ar• indud•d in the 80FA twhon •1 valy• ¢rflh¢ gift to t ¢horty provrfed value ol the gfft c•n bo rn885UtsJ liab Donated servrc8s an(J faci1rt18$ thotar¢ c0nsuftd ar• recognw IB In¢Th an equlvaleni amount ¢¥ned •¥ an exww• underth the SOFA. Support ¢o•t• The charty has In¢u•d eywndlture on ¢ts. Volunt••r h•lp The vahJe of any voluntary h& ff•c¢N8d va not In¢luded in Ihe a¢Ints but ra des*JW In the trust8e$' onnual report. Not applicab during Ihi8 per1.
Income from mombershlp svbs¢rlplions Trfthes and offering recewed from tho memb&rs aro in the nature of 8 gfft aro recognised a$ Don8tson8 and Legac$ settlent of Insur4ncg clalms Insurance claims are only in¢luded in the SOFA whon the ger[al income re¢ognilion Crilena are m8t15.10 to 5.12 FRS 102 SORPI arjd are Included as an iten7 of other income in ttt8 SOFA. Investmènt galm and 108M8 Thi8 includes any reale£l or unreali6ed gain5 or10$$68 on the sak of Investments and any gain or loss resutting from revaluing investment5 to market vslue at th8 end of the year. 2.2 EXPENDITURE AND LIABILITIES Llablllty re¢oynlti•n Liabililles are coun1Sed wh8r¥ it 1$ more likely than not thai there ts a legal or constwctwe ob1JabOn comrnitting the ¢hafity to pay oul resources and the amount ofthe oblpJation can be measured with r8a$onabLg certainty. Gowernanee and support Costs Support cgsls been allocated between governan costs and other supwrt. Govert)ance costs comprise all costs involving public accountabillty of the ¢hanty and its complpance wth regulation and good practi¢e. Support costs include c8nir81 fun¢tKsn5 and have been allocated to actfvty cost categorie5 on a bas1$ ¢onsi51eni with the use of r&SOur5, eg allocating pmparty Costs by fioor arsas, or per rèpita. staff costs by the tim8 $P&nl and other ¢osls by th¢ir usage. Grants wlth perlomiance eondltltswd The Charity i8 not awarding grant lo any org8ni5ation Grant8 payable wlthout porforniance condltltsTrs Wher there are no conditions attaching to ttT6 grant that enabbs the donor charty to alIStIcal avoid the cMil&t, a liability for the Tull funding oblvJation rnu$t be racogni$ed. Rodundahcy c1 The charrty made no und8n¢yPaYments during the reporting perbd. Deferrèd IMcom8 No m8terial item of d8ferred income has been included In the ac¢ount5. Cr•dltov Th6 ¢hanty has credrtors which are measur8d al setuement amounts $$ any trade discounts ProvFslons lor JlabJlltle8 A liability is measured on recoJnilion at its historical cost and then subsequentty me8$ured 8t the best estimate of the arnounl required to Sett th& obliq81ion ai th8 fepothng date 8asle IlnaRelal in•trument8 The charity accounts for ba$K financial instfuments on initial rsc0gnitn as per paragraph 10.7 FRS 102 SORP. Subsequent rneasurgment 1$ as per paragraphs 11.17 te 11.19. PRS 102 SQRP. 2.3 ASSETS Tanylble flxèd 4s8•ts tor by charlty These are caprtalised ifthey can be v5ed for morg than one year, and c051 gt least They are valued at co$t. The depreciatron rates and method$ used are disclosed in nots 14.
Intanglbl• Axed as8•ts Yh8 chaTty h8$ intangible fixed assets. that . noTrmoJteryaS8¢ts thatdo not hasp (thys substanco but are Idontffjabk and are contmw bythe carty IhrDugh fxjstffj or goI rghts. Tho anKsrtisatiOTr fatss aTrl rneth used 8re dr5ck>s8d in ncée 15 Try are v8lu&J zt &JsL H•rttag• au•ts The charty has heritaga a58ets, that , rnetary zssets th htst(W •tith. ¥uerrtlnc technological. geophysNI orenvironwtsi qtsahs that are hekl and MaintsNj pnrK8palty for thoir c¢nlruth'on lo kntr48dsp and cutture. The rates and meiws i as dis¢l)sed in not• 16. awe valued at cost. FiKed a5sth inve8trnents kn q)led 8hares. tradod ar sin(lar inv8$tsnents art valwd at Initiil at cost and subsequonty ai tsir Valuts Ilhwr mOrf¢01 valuel al yearend. Tho $amo treatment va appld to unlisted h)ve¥tiMnts unkns falr ¥•lue corwt b• rr•surad thich uso tt r8 mea$ured 8t cost bs8 Irnpaim. Inve8tmonl$ ld for re$8kn or their5akn ush arbj ca•h llh a rn8rty dat• of th th8n 1 mr are traated as cutrent auet in¥e51w 8tock and w Stocks forsak8 #S p4rt of noTreharrtab trats arv rneas at Jwirorcmt or rt r•¥Th8¥bkn v81th•. Good8 or $ervr8s pfovhaed as part of a charitablg acUvity ar• •t Mt r•aioabk• v¥lug basod on the SeC0 potsnliol provNd by iterns of ¥l¢ek. Woth in progfo$8 il V8luod at COSI •ny loro89th fom th * IW to QCfJJr ¢)n the contr D•btorn Dobior% linclutting lrnd• ¢Jgbtorn ltrar rK•Nqbknl arn rrwuW inth'al rrtn #i $ettlemani amount 8ftar Bny trade dUnts or am¢wftt 4d¥anc•Y by c4nty. Subs¢quMuy. t 81• rnoa¥iire¢ at tho cash or other ¢on•¥J¢T&kn eAP•Chd to r•£. C¥rr•fvt •••t Inv•¥tm•nts Th• charty ho1 has In¥estm¢nts whtth bl hohjl for w•f• or wndlftg th•lr ialo aThJ c•ih and eg•h oquIv8lents wrth A matuAty d8to th than one Th05e irKIL*Ye ¢a$h on ¢Jepo8rt and c•sh 8quivaJ8nls wlh 8 m8tuNity dat• of than year W lor mtpUlF r4th•r m•91 ihort Itnn ca$h wnmthents 41 thoy fall due They v8kJad At lair valuo gxceo Wr0 Iw quAIty u ts•1 ffn•nct•l N¥trum•rt•. POLI¢IE• ADOPTED ADDITIOW TO OR DIPFeReNT FHOAI Th08ft A¥5 Th•w 1$ no any Olh•r pttllcs •dopted
REDEEMED CTrIRl8llAII CHURCH OF GODtR¢C¢J4AHeTUARY OF pOA MOTES TOTHEACCOUNTS ItONTIWUEO tlof• 3 afkn¢orn• FOR TEYAREMDE gISTWH 2fy23 PA¢Jr y•4r FuTrd FuTrdA TotBI Punda Fund• Titho 0etingS rhankgtyking 62,560.76 9,804 09 1.184.00 62,56Q.76 9.604 09 1.184 00 80.453 4.583 1.974 20 60 67,070 Afri MI0 TOTAL INCOME 73,348.86 73,348.8S Oth•r
REDEEhlED CHRISTIAN CHURCH OF GODIRCCGJ4ANCTUARY OF POWER IIOTES TOTHEACCOUNTS IcofrnNUÈDI FOR THE YEAR EIDED 31ST MARC112023 Anatysls of expendlture An*lysl8 of R•strfct8d Unr88tr1ct•d Incomo Endow Funds Funds FundB Total FLtndts DIRECT COST Worfd Evarwellstn Mwl RCCG-Centr81 Offic8 HonouQrium-.VisIj Minister8 Welfare Semin8ts. COnfen$ & Retreats MItttry Advancèmenl PaslDts' & Ministers'Allo¥vance5 Premises C051 Books. CDS and Tapes Gifts & Donations Zon81 SubpilOnS y8ar Funds 1298.77 1,200.00 5(K).00 5,379 31 5,935.50 1.100.00 10,800.(K) 21,450.00 400.00 2,085 97 2.100.00 52 249.55 1,298.77 1.200.00 500 00 5,379.31 5,935.50 i.100.(h) 10,800.(X) 21.450.00 400 (N) 2,085.97 2.100.00 S2 249.5S 1,388 1,200 6,170 5,001 g(M) 10.800 19.800 325 2.750 5UPPOftT ¢08T Telephone & Iniemet Repairs an¢ mainten8nce Pnniin9, Postage arKI Stauonary ectlluty & Gas InsLKance Busin8$5 rates Accomodalion & Travel Expenses Refreshment an(J EniertainmÈn( Training DeptIatiOn Fuel, psrking & MolerEkpenses Compul¥i9 & IT ExpeTr8¢8 Joumals & Periodicals Sports ConiributiOn8 Cleanin9lSe¢uTrty Zoom Expenses Storage £4)enses 48.33S 74.99 450.00 775.71 426.05 1,033.56 6Sg.69 1.375.78 2,400.00 990.00 4,029.20 4.927.25 74.99 450 00 775.71 426.05 1.033 56 659 69 1,375 78 2,400.00 990.00 4.029.20 4.927.25 785 1.985 2,291 770 2.978 3,281 233 150 1.095.19 2.500.00 143.88 710.41 21 591.71 1,095.19 2,500.00 143.88 710.41 21 591.71 1,QOO 250 TOTAL EXPENDITURE 73.841.26 73.841.26 64,05B 12
REDEEMED CHRISTIAN CHURCH OF GOt4RCCGI-SAfrICTUARY OF POWER NOTES TO THE ACCOUNTS ICONTINUEDI FOR fHE YEAR EPIDED 31ST IIARCH 2023 D•talls ol eertaim it•rns ol 5.1 Fee8 for Èxaminats"on of the accounts Pleasa provide details of the amount paid fof any statutory ext1 scr1nY of accounts and other sewtces provided by your independent examiw. Ifnothing was pald ptease enter , in the appropriate box{es) GOVERNANCE COST ThIB Year La•t Year Independent examinevs f8es Legal Fees {Filingl Assurance seThices otherthan alit of ind&pend8nt examfftati¢)n Tax advisory lees Other fee3 {for example". fin8n¢ial a¢kn"¢e. accounlan¢y sèrvi¢e8)- paid to the independent eX8ner 325.00 125.00 325.(Kt 12500 650.IxJ
REDEEMED CHRISTIAN CHURCH OF GODiRCCGFSANCTUARY OF POWER IIOTES TO THE ACCOUNTS ICONn14UEDI FOR ThE YEAR ENDED 31STIAIRCII 2Q23 Notè 6 Tanwble fixed as•ts Le•8ehoW 4(rtor Ftsrnkur4 Flttlngl buffdlrbgB At oflhe 7JlF 4.843.97 22,170.42 27.014 39 8.95 7.187.94 Disws815 TTrnsf8rn' IP&JorD8 At end olts yfrar W7.91 .734.37 6.2 D•pr•Gl•tlon Iftwirm•nts -BasJs 3420133 otcK V8ho hre6 8 Offlcé Eouipm¢nl Cornputef Equi 25% Rethw Bats 2$% R•Jw¥vJ 8akn R81• At btyinnlry of tha > DIspo8aL4 2.91324 15.17222 18,¢)B5.46 Irrwmwnl Trnntsr5" c D•Juca) Atend of lh8 3,3•).53 4.029.20 3.55191 18.562.75 .3 N•t book Not book Val91 téoknrlr¥ ofth•Yr. N¢1 bxk aithe• ofbh > 8.4 Imp•lmnt .930 73 I9160 6.99J.20 10.171.12 8.928.93 11Q87.67 rov8r8•1 of•n 6.6 R•¥alu•tlon Iran 8Ctxiuntiro m•lU11k) thé•ffecth d•te0ft NIA tN n•rn0flnd¢F•I ¥•W, NIA th¢ meudI iF4J¥r] NIA e4>51 mod 6.6 Oth•r d¢1UY•• fixed 8Mets and ¢apf0kn• r•te WY. z WA 8JsetS (rfil t}el*althO e$e andcrarTr ty has restri(tsd bu8 LYth81 are a5 WA 14
REDEEMED CHRISTIAN CHURCH OF GOO[RCCGI-SANCTUARY OF POWER NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 31ST MARCH 2023 Ntylè 7 Creditors and ac¢Th•lg Please comp18te this note if thè chanty has any u8ditors or accwals. 7.1 Analysi$ of eredho Amounts falling due within one year TP)is Y ar La t Year lknrount5 falling due after more than one year This Year Las Accwals and deferred income Total 1,100.00 1,100.00 1,100.00 1.100.00 THERE Is NO DEFERRED INCOhlE DURING TrIIS PERIOD 15
REDEEMED CHRISTIAN CHURCH OF GODtRCc4ANCTUARy OF POWER NOTES TO THE ACCOUNTS IcofvmNUEDI FOR THE YEAR ENDED 31ST hlARCH 2023 Note 8 Ca*h at bank and In h• Thls Y•ar C88h at bank and on hand Total Last Year 4,213.70 £213.70 8.9S5 8,965 16