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 reSpO￿lb]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 prepa￿d 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 C￿lStmaS 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 pU￿oSe between the parishes and RCCG.

supportfor16&9 prevnage pewe tIrovgbkntytheyearfjnd d• Chr￿￿￿AnD￿th 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 p￿chaSe our ¢)wn•. home for th¢ needy. Start4￿¥Y SGhool.
The tustee8 have established a policy whffeby the unrestricb
funds not committed or itivesw in
tall￿￿1e 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 t￿*theY￿0UJd ir able to c{>thi￿ the CQTreDta¢ttvitEes ofthe chiirch in the event
FuBJdthg
aid s¢heJne
This ts provided mainly thmugb vol* tithes a￿1 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 safe￿￿dIng the assets ofthe cb8tity and hence fot
The members of the Board of Trustse4 who ser￿ during the year Tvere
OlUSJn8hoAboia￿CAd￿Jll
Adej&e MoThdeyoAdesanya
01alin￿e MAY Oiuw8dare
Approval
This report was appmved by the Board of TnL8tees on the..
Signed on its beha￿bY.. 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...
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And Business Chortered Monagement Consultants
DATE.. F - Q%-2025
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Fax,'+4410120 7354 2035 Webl IM¥JT￿4)OjexThM 436 ESSExRo•*l￿1rI9ton.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
Expendi￿re 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
￿n￿Stricted 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•set￿knj
Totsl netassets orffiobhits8s)
Fuhd8 of th8 Charity
Totsi fund$
signed ty on8 ort*J
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 St￿ard 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 oiJtlm￿d in
the note with no change in polcy
1.4 Changes to ac¢ounUng 05￿mateS
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 ofac￿l￿tr￿ pofw has been appli&J by thaffty ex￿pt for those lid(ed No or
'Nla'. Where a dttferert ￿ addrkni Wicy has t*ets adop￿￿ t1￿ this is ¢Jetaknl ￿¢ ￿ box below.
Rttognlth>n ol lft¢ome
These are includeil in the Statement of Finan¢ial Adivltses (SOFA) i*lM".
. the charity becomes enb.tted to Ihe resouros..
. ll Is more Ilkely than not that the kn&8tees ￿11 re¢*ive the resOu￿S.. and
. the MO￿tsry 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 wl*n ts gen￿81 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 spetir￿d goods orservios as enliyem￿t to the grant only oc(1￿5 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 re￿Ived 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 ￿vaIL￿ng inv*thts 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. c￿1 al least
They are valuett al cost.
The depreciation rates and methods usod 8re disdosed h note 14.

1tttafvglh￿ fixed a*sets
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 d￿￿Osed in note 15 They are valued al c4$1.
The charity has herilw assets. Ihal is, non-morwary assets ￿7th historfq arts5trc. s(ientilq
technological. geophysical orenvironmentsl qualilies that are hekl and maintairEd prrncipally for their
They are valuefj at cost
contribution to knowledge and Qfflure. The deprectatton rates atMJ methods used a8 disclots￿l in note 16.
In¥èstfft*nts
Fixed asset invesiment8 quoted shares, traded bonds swnllarinvestrnents are valLEd at initsalty
al Cost and subsequentiy al fair Y￿¢je (theirmarket value) at the year end. The same treatrnent is
applied to unlisted rnveslments unletss fair value cannot be me88ured reliabty in ￿11* case it is
measured at cost Iess impaim7enl.
Investments held for resale or ￿dIng th*sale and lash ￿sh equivalents ¥th a maturTty da
of less than l yearare treated as ojrrent asset investrnents
Stocks and work in pro9r
Stocks held for sale as part of non-¢haritable trade are measured at the lower or w or rEt reatsable value.
Goods or servi￿$ 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 reCeiva￿e) ￿e lrfiaf reccgrution al
settlement amount after any trade d1st￿nts oramounl arjvanced by the rtharity. Subsequentty. tt
are Measured st the ¢ash or ot￿r (￿￿deratIon expectsj lo be received.
Current aswt inv08tmonts
The ¢harfty has has investments w*)tth it t￿ld$ 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 pu￿OseS 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 JoYPA￿SN 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 R￿1Ved
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 AP￿L 2024
DIRecT C08T
GiftAfdAdrninistrati
Funds
Fui]ds Funds
Totsi
year
Funds
Sfipends &AlJTr￿r￿ aThy Waws
Chdr, Kèy bgard and Music E¥pe
Evangefism. B(W CDS and Tapes
PAYFJNIC
Other DOrtatiC￿[GfftJ. W*rE & Ho8Fx•
Worfd Evangelism ￿[0￿
RCCG/Afncan MissioN¢)1￿rpaf￿h
RCCG Camp GryJrKJ Ex
SUPPORT C08T
Telepj
Insurar
Rent I1￿1￿ing Jnsura•K*)
rravej Expenses
Bank Charges
Refr8shrnent ar￿ Entert￿ry
Dewectabon
Ejecknctty, Gas. FIA •NI Heakng
Smart Pension
Subscn'ptions
Repairs ￿ rnalntena￿e
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.C￿l
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 1ndependertexami￿r. 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 Equlpn￿rt & Motor
Atthe ￿l￿n[r￿J 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 impalm*nts
-Basts
Buildinos
Fixlures & Fitti
Equipment
Motorvehicle
5.45%
Straight
Straight Line
Straight Lir
StraIght￿r
Straight Ung
Rste
At beginniro of the year
Disp08als
Depreciation
Impa[m￿nt
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 R￿aluatIon
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 ar1X￿ntof r))ntractual cr¥nrnthnents forthe Wgiron oftsngible
assets. - NIA
(111) Details of the existerto and •novnts of prcwty, Flant aThl equi￿1 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 Cu￿nt 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