| CONTENTS | PAGE | ||
|---|---|---|---|
| Reference and administrative | details | ||
| Directors report | 3-7 | ||
| Independent Examiner's |
report | ||
| Statement of Financial |
Activities | ||
| Balance sheet | 10. | ||
| Notes to the accounts | 11 - 14 |
| Directors | Mrs Nicole | Nwafor | ||||
|---|---|---|---|---|---|---|
| Mrs Monisola Phillips |
||||||
| Mrs Kemi | Nathan-Marsh | |||||
| Company Secretary | Mr Ezekiel | Odetoyinbo | ||||
| Registered | Company | |||||
| Number | 05464584 | |||||
| Registered | Charity | |||||
| Number | 1122927 | |||||
| Correspondence | Address | 38 Prayle | Grove | |||
| London | ||||||
| NW2 1AY | ||||||
| Parish Pastor | Pastor Ademola Sobogun |
|||||
| Bankers | Barclays Bank PLC | |||||
| Leicester | ||||||
| LE87 2BB | ||||||
| Independent | Examiner | Resource Management | Consultants | Limited | ||
| Chartered | Certified Accountant | |||||
| 46 Hollywood Way |
||||||
| Erith | ||||||
| DA8 2QE |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||||
| Incoming resources |
Notes | 2023f | 2023f | 2023f | 2022f | |||
| Donations 5 incoming | resources | 2 | 72,372 | 2,400 | 74,772 | 56,749 | ||
| Total incoming resources |
72t372 | 2t400 | 74~772 | 56g749 | ||||
| Resources expended | ||||||||
| Grants payable - institutional | 13,974 | 13,974 | 10,5Q3 | |||||
| Activities in furtherance |
ofcharity's objects | 39,954 | 2,400 | 42,354 | 35,699 | |||
| Support costs | 13,841 | 13,841 | 12,219 | |||||
| Management and governance |
cost | 2,442 | 2,442 | 1,050 | ||||
| Total resources expended | 70,211 | 2,400 | 72,611 | 59,471 | ||||
| Net(outgoing)/incoming | resources for the year | 2,161 | 2,161 | - | 2,722 | |||
| Total funds at the start | ofthe | year | 127,502 | 5,551 | 133,Q53 | 135,775 | ||
| Balance at the end ofthe year | 129,663 | 5,551 | 135,214 | 133,053 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||||
| 2. DONATIONS, LEGACIES |
AND | SIMILAR INCOMING | RESOURCES | 2023f | 2023 | 2023f | 2022f | |
| Tithes &Offering | 47,236 | 47,236 | 44,750 | |||||
| Thanksgiving | 6,430 | 6,430 | 7,568 | |||||
| Donations &women's |
conference | 431 | 2,400 | 2,831 | 412 | |||
| Gift aid for previous years |
17,285 | 17,285 | 4,000 | |||||
| Study manuals &CLOJ Receipt |
445 | 445 | ||||||
| Interest received | 545 | 545 | ||||||
| 72,372 | 2,400 | 74,772 | 56,749 | |||||
| Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | Funds | Funds | |||||
| 3.Grants payable - institutional | 2023f | 2023f | 2023f | 2022 | ||||
| Charitable giving -UK |
13,974 | 13,974 | 10,503 | |||||
| Charitable giving -overseas |
||||||||
| Total | 13,974 | 13,974 | 10,503 | |||||
| List of institutional | grants payable | 2023f | 2023f | 2023 | 2022f | |||
| RCCG WEM | World Evangelism | 11,724 | 11,724 | 8,677 | ||||
| RCCG Central Office |
COF | Support | 600 | 600 | 600 | |||
| Festival Of Life | Mission Support | 600 | 600 | 600 | ||||
| Christ Redeemer Bible College |
Mission Support | 300 | 300 | 300 | ||||
| Other British Charities | Charity Support | 750 | 750 | 326 | ||||
| Total grant payable | - institutional | 13,974 | 13,974 | 10,503 | ||||
| Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | Funds | Funds | |||||
| 4.COST OF ACTIVITIES CHARITY'5 083ECTS |
IN FURTHERANCE | OF | 2023 | 2023 | 2023f | 2022f | ||
| Ministerial Expenses |
23,900 | 23,900 | 26,780 | |||||
| Home Mission &Other Church | 5,961 | 5,961 | 1,150 | |||||
| Welfare. Gifts &Awards | 3,120 | 3,120 | 3,040 | |||||
| Mission Training, books |
& manual | 1,655 | 1,655 | 671 | ||||
| Travel &subsistence | 1,482 | 1,482 | ||||||
| Community engagement |
&Women's | event | 3,448 | 2,400 | 5,848 | 3,670 | ||
| Depreciation | 389 | 389 | 388 | |||||
| 39,954 | 2,400 | 42,354 | 35,699 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 5.SUPPORT COST | 2023f | 2023f | 2023f | 2022f | |
| Stationery 5Consumables | 806 | 806 | 367 | ||
| Rent, Light 8.Heating | 4,200 | 4,200 | 2,800 | ||
| Other Administrative | Expenses | 120 | 120 | 208 | |
| Bank Charges | 281 | ||||
| Equipment ft Internet |
Expenses | 915 | 915 | 763 | |
| Technical Consultants | fk Other | 7,800 | 7,800 | 7,800 | |
| 13,841 | 13,841 | 12,219 |
| 6. MANAGEMENT | 6. MANAGEMENT | AND GOVERNANCE | COSTS | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||||
| 2023 | 2023f | 2023f | 2022 | ||||
| Professional | Fees | 1,742 | 1,742 | 300 | |||
| Accountancy | fees | 700 | 700 | 750 | |||
| 2,442 | 2,442 | 1,050 | |||||
| 7. TANGIBLE | FIXED ASSETS | Year ended | Year ended | ||||
| Musical equipment | 30-3un | 30-3un | |||||
| 2023 | 2022 | ||||||
| Cost | |||||||
| At 1july 2022 | 1,553 | 1,553 | |||||
| Additions | |||||||
| At 30june 2023 | 1,553 | 1,553 | |||||
| Depreciation | |||||||
| At 1 3uly 2022 | 1,164 | 776 | |||||
| Charge for the | year | 389 | 388 | ||||
| At 303une 2023 | 1,553 | 1,164 | |||||
| Net book value | |||||||
| At 303une 2023 | 389 | ||||||
| At 303une 2022 | 389 |
| 8. CASH BALANCES | Year ended | Year ended | ||
| 30-Jun | 30-Jun | |||
| 2023f | 2022f | |||
| Total balances | held | in all current accounts at period end | 135,914 | 133,414 |
| 135,914 | 133,414 | |||
| 9. CREDITORS | Year ended | Year ended | ||
| 30-Jun | 30-Jun | |||
| 2023 | 2022 | |||
| f | f | |||
| Accrued accountancy | fees | 700 | 750 | |
| 700 | 750 |
| 11. NET INCOMING | RESOURCES/(RESOURCES | RESOURCES/(RESOURCES | EXPENDED) | EXPENDED) | Year ended | Year ended |
|---|---|---|---|---|---|---|
| This is stated after | charging | 30-Jun | 30-Jun | |||
| 2023f | 2022f | |||||
| Depreciation oftangible assets owned |
by the charity | 389 | 388 | |||
| Accountant's fees |
700 | 750 | ||||
| 12. TRUSTEES REMUNERATION | Year ended | Year ended | ||||
| 30-Jun | 30-Jun | |||||
| 2023 | 2022 | |||||
| During the year, no | Director received | any remuneration | NIL | NIL | ||
| During the year, no | Director received | any benefits | in kind | NIL | NIL |