REDEEMED CHRISTIAN CHURCH OF GOD- tRCCG] CENTER OF JOY PARISH Charity RE(iNo: 1122987 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2024 MOSES-8OLE&CO CHARTERED CERTIFIED FORENSIC ACCOUNTANTS I TAX ADVISERS & BUSINESS CHARTERED MANAGEMENT CONSULTANTS
REDEEMED CHRISTIAN CHURCH OF GOD. RCCG] CENTER OF JOY PARISH CONTENT Tnkn and Advlsers Trustees. Report 2&3 Independgnt Examiner's Report to the Tnistees statsment of Financlal A¢Uvlties Balance $h•8t Notes fi>rnilng part of the Flnanclal Statement 7t016
REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG] CENTER OF JOY PARISH LEGAL AND ADMINISTRATIVE INFORMATION Genaral overseer: E.A.Adeboye Trustees: Oluseun Aiibola Olubajo Olufunsho Abolanle Adepoju Adejare Moradeyo Adesanya Olakunle May Oluwadare 6. Copperfleld Road Thamesmead London SE28 8QB Pastor Olatope Adekahunsi Registered Office: Minister In Charge: Treasurer: Charity No Ovie Khator 1122987 Bankers Barclays Bank PIC 93 Lewlsham High Street London Accountants MOSES-BOLE&CO Chartered Certified Forensic Accountants Certified Professional Accountants / Tax Advise and Business Chartered Management Consultai 39 St Brelades Court Balmes Road London N15TW
7HE REDEEMED CIIRtSTIAN CFtURCH OF GOD . CENTRE OF JOY TRUSTEES ANNUAL REPORTFOR THE YEAR ENDED 30TH The Trnstees have ple&sure in submitting their report and accounts for the year ended 30th April 2024. The financial statements have been prepared in accordance with the accounting policies set out on pages 7 to 8 and comply With the statsment of Recommended Practice (SORP2015), and the applicable law. Structure, Governance and Management Constitirtion The Charity is constituted under a Trust Deed dated 31 December 2007 with Charity number 1122987 on the central register of the Charity Commission of England and Wales. The principal objectives of the Cliarity is the advancement of the Christian faith worldwide and relief of povety Method ofAppointment or Eleetion of Trustees the temls of the Trustee l)eed The management of the charity is the reSpOlb]lIty of the Trustees who are elected and co-opted under Organisational Structure and Decision Making The church is organised so that the twstees meet regularly to manage its affairs. There is no full time time. minister nor full administrator, who manage day today administration of the church,. both are Part_ Related Pa Rejatiollshi RCCG Center of Joy is a member of Redeemed Christian Church of God (RCCG) which has parishes all over the World. The relationship is governed by an 'Agreement for common Purposes between the parishes and RCCG mission. Develo ment activities and achievements in the ear The church is beginning to see its membership attendance numbers back to the pre Covid days as we continue to experience increased new members joining the church on a monthly basis. However, the church stiii carries on its Hybrid system of catering for both Online and in-church congregations. Services currently been broadcasted across kry platfomis _ Via Youtubc. FaixbooK and Zoom application. This totally tranSfOrni the way church activities Were carried out. Developing and growing its members and Workfor remains a key priority With training The churcb Continues to focus on members spiritual growth as a key priority for the church and continue to invest in various tralning and developmental programmes to equip members, Worker£ and ministers ofthe church to deliver the church mission and Vision for the communtty and the nation at large. More investment poured into Preparing our youths to bett¢r prepad for ¢urrent alld future Challenges. CommunRty Outreach proqramme Activities dw7ng the course ofthe year includes _
Christmas Lunch with Jesus - every year as a charity we show Christ's love to the Community, especially With the less privileged where food hampers is shared one. ensuring that many more people that caimot afford a good Christmas meal have Christm&s carol @ St James care home Dartford and the Pub _ this activity is one of the ways we put smiles on the faces of nwiy ill the community as part of sharillg the love and joy of the ClStmaS se&n. Carol service / Community church award - 2023 Caml service and award ceremony to reward and celebrate the hard work of OUT teachers in the life of our chitdren. Thc award evening recorded a great turnout With most oftbe invited school teachers of our children in church turning up With their family for the events and they all have a great time. Risk Polic The trustees continue to assess the various risk facing the church, especially in the area of church fmancial susteDance and continue to review and put measures in place to mitigate any exposure Future Develo Work continues with other parishes in the RCCG Church to plant MO churches with the aim of fulfilling the goal ofRCCG Global Mission worldwide. Review of Financial Position Our flow saw good improvement partly due to increased numbers of new members and in¢re&8ing commitment of ourmembers in th¢ir giving and contnl>ution the Y-O-Y direct cost. towards church work. Also. the cost saving exercise implemented through the year helped lower As the Cost-of-Living Crisis continues to affect many in the community we are brazed to help as many members through the crisis situation. We anticipate COLC crisis and high energy cost could potentially affect the church's cash operations. flow and at the moment putting measur&s in place to mitigate any effect on the church The Trustees Will once again like to acknowledge the extra contributions rnade by many members especially during challenging times of the year. Many members contributed towards special projects and procurement of key Materials and equipment for the church as requested. We continue to prny that Jehovah will continue to meet t1] at their point of n¢ed. They will not experience shame or sotrow in Jesus mighty name. Ajnen. Related Party Relationshlps RCCG- Center of loy Parish is a member of Redeemed Christian Church of God tRCCG] which Has parishes all over the world. The relationship is governed by an agreement for common purposes parishes all over the worliL The relationsknp is governed by an 'Agreement for common pUoSe between the parishes and RCCG.
supportfor16&9 prevnage pewe tIrovgbkntytheyearfjnd d• ChrAnDth atsd monthlyyouth Ons and ministrie6 those relatsng to the operetions oad finance and4Tr S8ti8fied the nsk managtrnent Pntore Developmeth effecttve IiiaDneL The eharity is &so lookingtogrow in meroEmthp aad continiieto dewop its membern tomake ]ife-ohaDging opact in society. plalltmoreparishe4 pchaSe our ¢)wn•. home for th¢ needy. Start4¥Y SGhool. The tustee8 have established a policy whffeby the unrestricb funds not committed or itivesw in tall1e fixed &8sets [the fre r&serves1 held by the church Shou be 3 months of ofsignificant drop in fimdi At tbis level. the trustees hl ttheY0UJd ir able to c{>thi the CQTreDta¢ttvitEes ofthe chiirch in the event FuBJdthg aid s¢heJne This ts provided mainly thmugb vol tithes a1 offerll]gs by the 8nd througb Pledges are also taken forspecificpmj Statement of Tru8tee8' Ros on8ibilits.es le for kee ping proper accounting which disclo* with Ipasonable accuracy at any time the fill¢181 position oftbe charity and to cnaNe them to ell&1 tlthtthe fin8ncid stst¢ments comply With th¢ CharitiesA¢t2011. T¢P)nsible for safedIng the assets ofthe cb8tity and hence fot The members of the Board of Trustse4 who ser during the year Tvere OlUSJn8hoAboiaCAdJll Adej&e MoThdeyoAdesanya 01aline MAY Oiuw8dare Approval This report was appmved by the Board of TnL8tees on the.. Signed on its behabY.. Name...... ... . Secretary Si8Dattre................
MOSES-BOLE & CO Prolessional Accouiitaiits aiid dus1M= Management CoD.siJlraiii INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD- CENTRE OF JOY I report on the accounts of the charity for the year ended 30 APRIL 2024, which are set out below and notes to the financial statements on page5 7 to 16 Respertive responsibilities of Trustees and Examiners As the Charit¢s Trustees, you are responsible for the preparation of the accounts,. you consider that an audFt is not required for this year (under settion 144(2} of the Charity Act 2011{the 2011 act) and that an independent examination is needed. It is my responsibility to Examine the account (under settion 145 of the Att),. follow the procedures laid down in the General Directions given by the Charity," Commission (under section 145{5) (b) of the 2011 Att and State whether particular matter5 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 with those records. It also 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 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 connection with the exarnination, no matter has come to my attention:_ 11 Which give me reasonable cause to believe that in any material respect the requirements To keep accounting records in accordance with sertion 130 of the 2011 Act; To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met or 21 To which, in my opinion, attention should be dra understanding of the accounts to be reached to enable a proper Moses O E Igunnul)ole. BA (HONSJ FAIA. FCPA FFA. CPFA. FIPA FT4 FIC... MOSES-BOLE&CO Chartered Certified Forensic Accountt7nts Certified ProfessionolAccount¢7nts/ToxAdvisers And Business Chortered Monagement Consultants DATE.. F - Q%-2025 Tel 1 +4410120 7704 2525 Emall I rse5bL4Okn ierQyHowe8usine55CeNvIt Fax,'+4410120 7354 2035 Webl IM¥JT4)OjexThM 436 ESSExRo•*l1rI9ton.lOnrton. NT 3QP
REDEEMED CHRISTIAN CHURCH OF GODtRCCG]£ENTER OF JOY PAR18H STATEMENT OF FINANCML ACTMnES FOR ThE YEAR ENDED m APRIL 2024 Restncteu NO Unrestricted income Ethlovrtn8n FuThls FWK ior Total Furkls In¢ohTrlng resourees Income and endowments from". Donations ar legacies Total FLrnds Expendire o•k' Direct C08t Support Cost Govemance Cost Total 134,783.11 134,783.11 123.409 54.20148 84.794.04 2,270.00 141.265.52 54.201.48 84.794.04 42,779 78.417 2.270 123.466 Plet mov•m•nt fuM* 141,26S.52 Reconcli lation rf fund nStricted Fund Brought Forward Net Movement of funds for the year Total funds earrfjod forward 4,48141 29.355.41 29.355.41 29.412 29,355
REDEEMED CHRISTrAN CHURCH OF GOThCWENTER OFJOY. PARISH BALANCESHEET AS AT30Tr APRIL2024 Fun¢ Total Tallgib asset Cash 8tbank anol in l TO cutrentawts 2,587.75 Net¢uIrent•setknj Totsl netassets orffiobhits8s) Fuhd8 of th8 Charity Totsi fund$ signed ty on8 ortJ Sign&Ta. Prfnl ma.. D&JhFtr ,
REDEEMED CHRISTIAN CHURCH OF GOD CENTER OF JOY PARISH NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2024 14ote 1 Basts of prwratton 1.1 Basis of accourtlng These accounts have been prepared urxlerts hislorrcaf co81 conventton vAth item8 recognised at C08t ortransaction value unless othermse stated in relevant note(s) to these accounts. The accounts have been prepared in accordance tt)e Financial Reporting Stard applicable in the UK and Republic of Inland (FRS102} issued on 16 Juty 2074 and wtth the Charities Act 2011 and the Charity conslitutes a public as defined ty FRS1ff2. Conslderfng thesteadievelofincoming resourw andmemborslmi) numberlhe Charftyls a going concem with no anyknown Unfrne clrcumstancg 1.3 Chang• of ac¢ountlng Wicy The accounts present 8 true and far VEW and the aecwntrTrJ pofiw adopted are those oiJtlmd in the note with no change in polcy 1.4 Changes to ac¢ounUng 05mateS No changes to 8ccountirKJ estimates have ocujrrvd in reportiThJ perfod (3.46 FRS 102 SORP). 1.5 Materfal Prfor year •rrors No material prior yearerror have been #Jenbw in the period (3.47 FRS 1Iy2 SORP).
REDEEMED CHRISTIAN CHURCH OF GOD CENTER OF JOY PARISH NOTES TO THE ACCOUNTS (cohrriNUED) FOR THE YEAR ENDED 30TH APRIL 2024 Note 2 2.1 INCOME Ac¢ounUng pollcies This stsndard list ofacltr pofw has been appli&J by thaffty expt for those lid(ed No or 'Nla'. Where a dttferert addrkni Wicy has tets adop t1 this is ¢Jetaknl ¢ box below. Rttognlth>n ol lft¢ome These are includeil in the Statement of Finan¢ial Adivltses (SOFA) ilM". . the charity becomes enb.tted to Ihe resouros.. . ll Is more Ilkely than not that the kn&8tees 11 re¢ive the resOuS.. and . the MOtsry value can be rneats w7th sufficient reliabilty. There is no legacy received durfng lh& perrc¥J. Glants and donatknns Grants and donations are indud&Y in fv SOFA wln ts gen81 income recognibon ¢tsia a met (5.10 to 5.12 FRS 102 SORPJ. In the case of performan related grants. must onty be r2¢cgnise(I to the exterf Ihat the charfty ha8 provided Ihe spetird goods orservios as enliyemt to the grant only oc(15 when the perfornano r*ted condltions are met (5.18 FRS 102 SORP). Le9ael¢s There is no legacy received durirvJ this peric¥J. Gov•rnm•nt grants No govemment gtsnts has been recaeved Tax reclaims ott donatlons and 9lfts Gift Aid re¢elvabJe is rnduded in income when Ihere is a declaration from the donor. Any Grft Aid am¢)unl recovered on a donation ts con8Klered to be part of that gfft and 18 treated as an addition otherwise. lo the same fvnd as the initial donation Iwth8 the donorOrtt terms Oftt apwl have speofied Contraetual ineom• and rfated gyartts Thi8 is not applicable Donated g¢>ods This 18 not applicable Donated s•Mces and fa¢lliti•s Donated servrces and tsalilles are Jnduded in the SOFA when reeeiw at trle vatue of fhe gift to the charity provlded the value of the gift can be measured reliably. Donated 8ervices ancl facilth'es that are consumed immediatety arE recAJgrris as tncome wiu) an equivalent amount recognised as an expert%e underthe approprtate headiThJ in the SOF Support costs The chartty has incurw expenditure on support costs. Volunteèr h•lp The value of any voluntary hdp received i% not induded in Ihe 8{X0 but is desoibed in the trustees. annual report In¢om• from Interw royaltles and divfdends This is included in the ac(wnts when receipt F8 probable ano arnoLvtt recwabje be measured reliabty.
and Legacles Tllhes and offering reIved the are in the natre ofa gtft are reeognised as Donalions. SeWomeTrt rf insuranc• clain Insurance daims 8re Qnty included in SOFA when the gerwal income reccgnlbon iyrleria are met (5.10 to 5.12 FRS 102 SORP) and arE inouded a8 an item ofcther In¢me fn SOF Invostment galns and losses Th[8 Incfudes any realised or unrealised gain5 or losses on the gate of inve8tmenls and any gain or loss reSUlli from vaILng invthts to market value at the end of1 year. 2.2 EXPENDITURE AND LIABIUTIES Liabllity rteognitloft Liabiltttes are recognised where tf ts rnore than not that there18 a legal orf>Jnstwctive obligation cornmitttng the charity to pay out resources atyj the amwnt oftt obJyatfon can be measured iwth reasonaNe eertaty. Govomance and support costs Support costs have been allocaÉed between govemance o)Sts arKI other support G0Veman (x)sts good practice. ctsmprise all costs involvtng publ ao)Juntabilty of chailty and its compli9n regulab.on and Support Costs indude central functit)ns and have been allocated to acknty cost categories a basis consistent Wtth fhe use of resources, eg allocatsng prnpety (y)sts by Jloorareas. or pei caprta. staff costs by the tsme spent and other costs by their usage. Grants wlth rf0mlan¢e condftlons The Chartty is not awarding grant to any otgantsation Grants payable WItho Perl0nnan eondltions whe there are no condtiions attschw lo the grant that enables trE donor charfty to reaJistirAify avoid the cgmmitrnent a riabllty tr the full fijnding obltg8tron must be recogntsed. RedundaTrcy e The chaiity made no redundancy payments during Ihe Wi(Kl. Deferred Ineon No material item of deferred income has been in(auded in the a(x(wnls. Credltorh The chanty has rJeditorn whlth are measured at Seknent any trade (tso)unts Provisl¢)n3 for Ilabllilias A liability is measured on reeThJnition al its historic (a)sl and then subsequendy measw al the best estimate olthe amouni required to settte the obligation at the reporting date Baslc fin4n¢ial instrum•nt The chartty accounts for basie fin8ncial instruments on inttral rec(*3nilion as per p8ragraph 10.7 FRS 102 SORP. Subsequent measuremeni is as patagrapFK8 11.17 to 11.19. FRS 102 SORP. 2.3 ASSETS Tangible fixed a¥s•ts for use by cl•aFity These are captialised ifthey can be used for rn0 trtsn one year. c1 al least They are valuett al cost. The depreciation rates and methods usod 8re disdosed h note 14.
1tttafvglh fixed asets The charity has intangible Ilxed assets. ttiat ts, non-mtxietary assets th do not have physical substan but are identffiable and are conwled by the tharrty throu9h custody or leg81 rights. amorhsaJon rates and methods uged are dOsed in note 15 They are valued al c4$1. The charity has herilw assets. Ihal is, non-morwary assets 7th historfq arts5trc. s(ientilq technological. geophysical orenvironmentsl qualilies that are hekl and maintairEd prrncipally for their They are valuefj at cost contribution to knowledge and Qfflure. The deprectatton rates atMJ methods used a8 disclotsl in note 16. In¥èstfftnts Fixed asset invesiment8 quoted shares, traded bonds swnllarinvestrnents are valLEd at initsalty al Cost and subsequentiy al fair Y¢je (theirmarket value) at the year end. The same treatrnent is applied to unlisted rnveslments unletss fair value cannot be me88ured reliabty in 11 case it is measured at cost Iess impaim7enl. Investments held for resale or dIng thsale and lash sh equivalents ¥th a maturTty da of less than l yearare treated as ojrrent asset investrnents Stocks and work in pro9r Stocks held for sale as part of non-¢haritable trade are measured at the lower or w or rEt reatsable value. Goods or servi$ provided as partof a charitable attFvity are W8ured at nel rEaltsable value based on the service potential provKJed by rtems of slock. Work in progress is valued al o)st less any forpseeable loss that 15 to occur on Ihe COFNr Debtors Debtors (incfuding trade debtors and reCeivae) e lrfiaf reccgrution al settlement amount after any trade d1stnts oramounl arjvanced by the rtharity. Subsequentty. tt are Measured st the ¢ash or otr (deratIon expectsj lo be received. Current aswt inv08tmonts The ¢harfty has has investments w)tth it tld$ for res8 orpeThying theirsale and sh and 8h equivaletts wth a date less than one year. These inctude cash on depostt and cash equlvalents wth a malurity (Jate of less than one year herd for invesfrnerf puOseS rather than to meet short lem cash commitments as they fall due. They are valued al fair value except Vlthere trw quallfy as basic ffnanml instllmnthits. POLICIES ADOPTED ADDITIONAL TO OR DIFFEREVr FROM THOSE ABOVE There is no any otherpolicies adi)pted. 10
REDEEMED CHRisllAN CHLRCPI OF GOD CEvfER OF JoYPASN NofES TO THE ACCOUNrs Mote 3 CONTINUEO FOR THE YEAR ENDED 30TH APRIL 2024 •tlons and l•qa¢h Tithes & Olf&ir¥Js Building Gift Interest R1Ved UIiMtricW Incomo Endowm* Totsl Funds Funds Fund5 Funds Prlgr yèar Funds 11Z179.92 112,179.92 35.06 Y2,445.85 122.28 134.7B3.11 22,445.85 12228 14783.11 104,931 18.394 24 123A09 TOTAL INCOME Othw Inffjnnatloft: 134.78111 f34.7B3.11 123A09 11
REDEEMED CHRISTIAN CHURCH OF GOD CENTER OF JOY PARISH NOTES TO TrE ACCOUNTS ICONTINUED Not• 4 Anaiws ol •¥pendlt4r• FOR THE YEAR ENDED 30Th APL 2024 DIRecT C08T GiftAfdAdrninistrati Funds Fui]ds Funds Totsi year Funds Sfipends &AlJTrr aThy Waws Chdr, Kèy bgard and Music E¥pe Evangefism. B(W CDS and Tapes PAYFJNIC Other DOrtatiC[GfftJ. WrE & Ho8Fx• Worfd Evangelism [0 RCCG/Afncan MissioN¢)1rpafh RCCG Camp GryJrKJ Ex SUPPORT C08T Telepj Insurar Rent I11ing Jnsura•K) rravej Expenses Bank Charges Refr8shrnent ar Entertry Dewectabon Ejecknctty, Gas. FIA •NI Heakng Smart Pension Subscn'ptions Repairs rnalntenae Prfntiryj, Postage and Stknry Cleanir 2.469.04 1400.00 13.737.48 15,474.44 150.00 4.421.94 4.395.65 3.832.93 1.950.C I370.Cl 3.(.00 2,469.1)1 1400. 13.737.48 15.474.44 150.00 4.421.94 4,395 65 3.832.93 1,950.Ixi 2.370.00 3,000.00 51.201.48 2,023 2,750 13.098 11.700 214 3.307 3.706 3,582 1,800 6DD 1.56215 42.ll9 1.56215 81435.02 624.96 1.367 272 58.897 385 322 1.901 5,580 4.842 1,438 62.435.02 624. 299.95 1,549.12 5.932.89 6,853.71 1.425.24 180.00 1,233.18 a114.72 583.70 1.549.12 5.932.89 6.853.71 1.425.24 180.tJ] 1,233.18 2.114.72 583.10 2.448 280 78,417 TOTAL EXPENDITURE 138,99&52
REDEEMED CHRI8TrAN CHURCH OF GOD CENTER OF JOY PARISH NOTES TO THE ACCOUNTS ICONTINUED FOR THE YEAR ENDED 30TH APRIL 2024 Detalls of cÈrtal# items rf •xpen 5 Fees forexaminab'on of thg accounts Please provide details of the amount paid for any stabjtory extemal scrutrny of accounts and other box(es). setvices provided by your 1ndependertexamir. If nothing was paid please enter , in thé appropriate GOVERNANCE COST Independent examinerfs fees This Year Last Year 480.00 Book•ing & Ac¢ountancy 460 Assurance seThices other than audti or indepeThSent examination 920.00 920 890.00 890 2.270 13
REDEEMED CHRISnAN CHURCH OF GOD CENTER OF JOY PARISH NOTES TO THE ACCOUNTS Not• 6 CONTINUED Tanolbl• fixed assets FOR THE YEAR ENDED 30TH APRIL 2024 Flxtsres Bullding Equlpnrt & Motor Atthe ln[rJ of the Ado7tsor 55,795.13 55.795.13 Revaluabons 3.533.76 3,533.76 DFsposa Transfers" (Add or Dedud) Al end of the year 6.2 Depreciatlon and impalmnts -Basts Buildinos Fixlures & Fitti Equipment Motorvehicle 5.45% Straight Straight Line Straight Lir StraIghtr Straight Ung Rste At beginniro of the year Disp08als Depreciation Impa[mnt Transfers" (Add or Deduct) At end ofthe year 6.3 book value Net b(hJk value at the bgulftnino of the Yr. Net book value 8t the end of the year 6.4 Impalrment Please provide a descriptton ofthe ev al {ir(XMn*n that l&1 tr) ts r&xwJnltTh ( reversal of att impaim)enl loss. 6.5 RaluatIon Ifan a(Unting pollcy of revaluatton is adowed. please womdfr: the effecbve date of the revaluation- NIA 25% 50.&)8.25 50,808.25 5.932.89 5.932.89 56.741.14 56.741.14 4.986.88 2,587.76 2,587.75 the name of Independent valuer. Ifatyicab= NIA tha methcth appli&Y and svJnificant UmptionS ? NIA the carrying amount Ihal wouhJ h8ve Iw rwxwrsed had the assets W cariÈd unthrlha )sl modd. 6.6 Other di8elosure8 {1) Please state the amountofbonDwiru (xxts. ff any, ¢XMaltsed in the rXnstru oftay fjxed assets and the caphalisation rate used. = NIA l) Please provide ar1Xntof r))ntractual cr¥nrnthnents forthe Wgiron oftsngible assets. - NIA (111) Details of the existerto and •novnts of prcwty, Flant aThl equi1 to the charity has resti?cte(l tiue orthat are as 8ecurityfDr liabjltbes. = NIA 14
REDEEMED CHRISTIAN CHURCH OF GOD CENTER OF JOY PARISH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30TH APRIL 2024 Not• 7 Cash at bank and In hand Short tenT] depostts Cash at bank and on hand Other Total This Year Last Year 16,315.64 3.034.61 17.145 19.350.25 26.633 15
REDEEMED CHRISTIAN CHURCH OF GOD CENTER OF JOY PARISH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30TH APRIL 2024 Note 8 Cradltors and accrua15 Please complete this nots ifthe chanty has any creditors or aG(xuals. 8.1 Analys18 of ¢redJtors Amounts falling due within one year This Year Last Year 1,815.C Amounts falling due after more than one year This Year Last Year Accrued Professional F*s Other balanos Total 2.265.00 2.265.00 8.2 Deferred lThcome Please complete this note rfthe charty has deferred income. Please explain the reasons why income is deferred. Movement in deferred income a¢count Balano at the stsrt of the repotbng period Amounts added in Cunt peri(xl Amounts released to income from prevrous perirJds 8alance at the end of the reporting period This Year Last Year THEREIS NO DEFERRED INCOAIEDURING THIS PERIOD 16