2022-03-31-accounts - The Redeemed Christian Church Of God New Wine Assembly

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Reference and administrative deta	ils
The charity name.
The legal name ofthe charity is:-RCCG	New Wine	Assembly.
The charity is also known by its operating	name, The		Redeemed		Christian church		of	God New	Wine Assembly.
The charity's areas operation and	UKcharitable registration.
The charity is registered in England &Wales with the			Charity	Commission		in England		&Wales (CCEW)			with charity number
1124611.
The charity does not operate in any overseas jurisdictions.
Legal structure ofthe charity
The charity is constituted as a company	limited by guarantee,			registered		under the Companies			Act. The governing			document ofthe
charity is the Memorandum and Articles	ofAssociation		establishing the company				under company			legislation. The		governing
document is dated 20 June 2008.
There are no restrictions in the governing	documents		on the operation of			the Charity		or on its investment			powers	other than	those
imposed by Charity Law.
Byoperation of law all, trustees are directors under		the Companies Act 2006and					all	directors are		trustees	under	Charities	legislation
and have responsibilities, as such, under	both company and charity legislation.
The trustees are all individuals.
The principal operating address, telephone		number,		email and web			addresses		of	the charity are:-
Unit 2 &3, 51 - 57
High Street South„EastHam
London, E66EJ
Telephone +442084707080
Email Address info@rccgnewwineassembly. org.uk
Web addresswww. rccgnewwineassembly.	org.uk
The registered ofAce ofthe charity for Companies Act			purposes		is the same as the operating address shown above.
The trustees/directors in office on	the date	the report			was approved		were."-

Bankers	Lloyds TSB
	11Station Parade
	Barking
	Essex
	IG11 8ED
Accountants	Crownwise	Consult	Ltd
	1ATown Square
	Erith
	Kent
	DA8 1RE

The financial positi can be summarised	on ofthe charity at 31March 2022 and comparatives forthe p as follows:-	rior period, as more fully detailed	in the accounts,
		2022	2021
Net income		(23,424)	29,571
Unrestricted revenue funds available forthe general purposes ofthe charity		27,521	25,162
Restricted revenue	funds	3,340	29,123
Total funds		30,861	54,285

Statement offinanc	ial acti	vities for	the year ended	31March 2022
		Notes	Current year	Current year	Current year	Prior year
			Unrestricted	Restricted	Total funds	Total
			funds	funds		funds
			2022	2022	2022	2021
			K	K	K	F
Income 8 Endowments	from:
Donations &legacies		16	80,233	9,725	89,958	153,866
Other		17	342		342
Total income			80,575	9,725	90,300	153,866
Expenditure on:
Charitable activities			86,966	35,508	122,474	124,295
Total expenditure			&6,966	35,508	122,474	124,295
Net income forthe year			(6,391)	(25,783)	(32,174)	29,571
Net movement in funds			2,359	(25,783)	(23,424)	29,571
Reconciliation offunds:-
Total funds brought forward			25,162	29,123	54,285	24,714
Total funds carried forward			27,521	3,340	30,861	54,285

RCCG New Wine Assembly - Reso fixed assets for Charity use:-	urces applied in the y	ear ended 31 March 2022 t	owards
		2022	2021
Funds generated in the year as detailed in the SOFA		(32,174)	29,571
Resources applied on functional fixed assets		(18,559)	(13,890)
Net resources available tofund charitable	activities	(50,733)	15,681

Revenue accumulated	Revenue accumulated	Revenue accumulated	funds
				Unrestricted		Restricted	Total	Last year
					funds	funds	funds	total funds
					2022	2022	2022	2021
					K	fE	K	K
Accumulated	funds brought		forward		25,162	29,123	54,285	24,714
Recognised	gains and	losses
before transfers					(6,391)	(25,783)	(32,174)	29,571
					18,771	3,340	22,111	54,285
Closing revenue funds					18,771	3,340	22,111	54,285
Summary	of funds			Unrestricted		Restricted	Total	Last year
					and	fuilds	funds	total funds
				designated	funds
					2022	2022	2022	2021
Revenue accumulated		funds			18,771	3,340	22,111	54,285

Income and expenditure a Companies Act 2006	ccount for	the year ended 31 March	2022 as required by	the
			2022	2021
Income
Income from operaiions			89,958	153,866
Other operating income			342
Gross income in the year			90,300	153,&66
Expenditure
Charitable expenditure, exduding	depreciation	and amortisation	114,193	115,738
Depreciation and amortisation			7,320	7,536
Governance costs			961	674
Interest payable				347
Total expenditure in the year			122,474	124,295
Retained surplus for the financial year			(32,174)	29,571
All activities derive from coniinuing	operations

RCCG New Win	e	Assembly - B	alance	Sheet as a	t31March 2022
			Notes		2022	2021
Fixed assets
Tangible assets					23,619	12,380
Current assets
Debtors			8	44,485	22,373
Cash at bank and in hand				11,737	48,782
Total current assets				56,222	71,155
Creditors: amounts		falling due within
one year			10	(26,657)	(13,525)
Net current assets					29,565	57,630
Net assets					53,1&4	70,010
Creditors: amounts	falling due after more
than one year					(22,323)	(15,725)
The total net assets		ofthe charity			30,861	54,285
The total net assets		ofthe charity are	funded by the funds ofthe charity, as follows:-
Restricted funds
Restricted revenue funds			14	3,340	29,123
					3,340	29,123
Unrestricted funds
Unrestricted revenue		funds	14	27,521	25,162
					27,521	25,162
Total charity funds					30,861	54,285

Staffcosts and emol	uments
Salary costs				2022	2021
					6
Gross Salaries excluding	trustees and key management		personnel	46,511	18,759
Total salaries, wages and related costs				46,511	18,759
The average number of	part time staff employed	in the	year was	10	1

Tangible fixed assets	Land and	Plant 8	Motor	Total
	Buildings	Machinery	Yehicles
			K
Cost
At 1 April 2021	33,762	37,783	4,300	75,845
Additions		1,969	16,590	18,559
At 31 INarch 2022	33,762	39,752	20,890	94,404
Depreciation
At 1 April 2021	33,761	25,405	4,299	63,465
Charge for the year		3,172	4,148	7,320
At 31 March 2022	33,761	28,577	8,447	?0,785
Net book value
At 31 March 2022	1	11,175	12,443	23,619
At 31 March 2021	1	12,378	1	12,380


8	Debtors						2022f	2021f
	Trade debtors							215
	Prepayments and accrued income						5,000	5,565
	Other debtors						30,735	16,593
	Deferred tax asset (see note		0)
							35,735	22,373
9	Debtors due after one year
							2022f	2021f
	Deposit						8,750
							8,750
10	Creditors: amounts	falling due within one year					2022f	2021f
	Bank loans and overdrafts						4,807	2,775
	Accruals						21,850	10,750
							26,657	13,525
11	Creditors: amounts	falling due after one year					2022f	2021f
	Bank loans and overdrafts						22.323	15,725
12	Income and expenditure		account summary				2022f	2021f
	At 1 April 2021						54,285	24,714
	Surplus after tax for the year						(32,174)	29,571
	At 31 March 2022						30,861	54,285
13	Particulars of how particular funds are represented			by assets	and liabilities
	At 31 March 2022			Unrestricted		Designated	Restricted	Total
				funds		funds	funds	Funds
					f			f
	Tangible Fixed Assets			23,619				23,619
	Current Assets			52,882			3,340	56,222
	Current Liabilities			(26,657)				(26,657)
	Long Term Liabilities			(22,323)				(22,323)
				27,521			3,340	30,861
	At 1April 2021			Unrestricted		Designated	Restricted	Total
				fundsf		funds	fundsf	Fundsf
	Tangible Fixed Assets			12,380				12,380
	Current Assets			42,032			29,123	71,155
	Current Liabilities			(13,525)				(13,525)
	Long Term Liabilities			(15,725)				(15,725)
				25,162			29,123	54,285

14	Change in total funds o	ve	r the	year as shown in Note 1	3,analys	ed by individu	al funds
					Funds	Movement	Prior year	Funds
					brought forward	in funds in 2022	adjustment 2022	carried forward to
				from 2021				2023
						See Note 15
						E
	Unrestricted and designated		funds. -
	Unrestricted revenue funds				25,162	(6,391)	8,750	27,521
	Total unrestricted and designated			funds	25,162	(6,391)	8,750	27,521
	Restricted funds:-
	CRT/ Love your neighbour				29,123	(25,763)		3,340
	Total restricted funds				29,123	(25,783)		3,340
	Total charity funds				54,285	(32,174)	8,750	30,861
15	Analysis ofmovements	in	funds over the year as shown		in Note	14
							Other
					Income	Expenditure	Gains 8	Movement
							Losses	in funds
					2022	2022	2022	2022
						R	P	f
	Unrestricted and designated		i'unds:-
	Unrestricted revenue funds				60,575	(66,966)		(6,391)
	Restricted funds:-
	London borough Newham				7,225	(7,225)
	London borough ofVaccine				2,500	(2,500)
	CRT/ Love your neighbour					(25,783)		(25,783)
					90,300	(122,474)		~(32,174

Donations,	Donations,	grants and legacies	grants and legacies	Current year	Current year	Current year	Prior year
				Unrestricted	Restricted	Total funds	Total funds
				funds	funds
				2022	2022	2022	2021
							f
Donations	and gifts from individuals
Tithe and offering				32,619		32,619	22,265
Thanksgiving				2,552		2,552	2,225
Gift aid				11,093		11,093	5,566
Building support							28,300
Total donations			and gif'ts from
individuals				46,264		46,264	58,356
				Current year	Current year	Current year	Prior year
				Unrestricted	Restricted	Total funds	Total funds
				funds	funds
				2022	2022	2022	2021
					R
Revenue grants			from government
and public	bodies
NewHam							5,000
NewHam							540
National Lottery							35,000
City of London							25,000
BBLInterest							347
Grant					9,725	9,725
Total public sector revenue grants					9,725	9,725	65,887
				Current year	Current year	Current year	Prior year
				Unrestricted	Restricted	Total funds	Total funds
				funds	funds
				2022	2022		2021
							K
Revenue grants			and donations
from non public			bodies
CRT/Love your neighbour							29,123
TESCO							500
Total private		sector revenue
grants							29,623

					Current year	Current year	Current year	Prior year
					Unrestricted	Restricted	Total funds	Total funds
					funds	funds
	Rent support				2022f	2022 f	2022f	2021 f
	Ogan				31,200		31,200
	Total rent support				31,200		31,200
					Current year	Current year	Current year	Prior year
					Unrestricted	Restricted	Total funds	Total funds
					funds	funds
					2022	2022	2022
					f	f	f
	VAT				2,769		2,769
	Total				2,769		2,769
	Total donations,			grants and
	legacies				80,233	9,725	89,958	153,866
18	Other income and gains				Current year	Current year	Current year	Prior year
					Unrestricted	Restricted	Total funds	Total funds
					funds	funds
					2022	2022	2022	2021
					f		f
	Sundry other income				342		342
	Total other	income					342
19	Expenditure		on charitable activities - Direct spending
					Current year	Current year	Current year	Prior year
					Unrestricted	Restricted	Total funds	Total funds
	Current year				funds	funds
					2022	2022		2021
					f	f		f
	Gross wages and charitable activities			salaries-	18,900	27,611	46,511	18,759
	Travel and Charitable	subsistence- activities			2,765	1,202	3,967	1,304
	Outreach & publicity				534	108		532
	Honorarium				1,300		1,300	250
	Conferences					3,750	3,750	12
	Entertainment				41		41	241
	Training				341	832	1„173	125
	Motor expenses				1,004		1„004
	Total direct spending				24,885	33,503	58,388	21,223

			Current year	Current year	Current year	Pnor year
			Unrestricted	Restricted	Total funds	Total funds
			funds	funds
			2022f	2022	2022f	2021
	Grants made to individuals		3,695		3,695	2,723
	Grants made to organisations		5,243		5,243	1,114
	Covid-19 responses					51,286
	Total grantmaking costs		8,938		8,938	55,123
	Breakdown ofgrants made to
	organisations		Current year	Current year	Current year
			Unrestricted	Restricted	Total funds
			funds	funds
			2022	2022	2022
			f		f
	RCCG central office		2,135		2,135
	Jesus House		800		800
	Grantham		2,308		2,308
			5,243		5243
21	Support costs for charitable	activities	Current year	Current year	Current year	Prior year
			Unrestricted	Restricted	Total funds	Total funds
			funds	funds
			2022f	2022f	2022 f.	2021 f
	Premises expenses
	Rent payable under operating leases		35,000		35,000	35,000
	Light heat and power		1,150		1,150	714
	Cleaning and waste management			1,615	1,615
	Premises repairs, renewals and maintenance		1,271	231	1,502	500
	Property insurance		1,249		1,249
	Administrative overheads
	Telephone, fax and internet		1,386		1,386	1,335
	Stationery and printing		216		216	8
	Sundry expenses			25	25
	Equipment, repairs, expenses	and maintenance				494
	Insurance		3,950		3,950	1,135
	Financial costs
	Bank charges		774		774	206
	Depreciation		7,320		7,320	7,536
	Bank interest payable					347
	Total support costs		52,316	1,871	54,187	47,275

						Current year	Current year	Current year	Prior year
						Unrestricted	Restricted	Total funds	Total funds
						funds	funds
						2022	2022	2022	2021
							R		R
	Independent	examiner's			fees	600		600	500
	Administrative					227	134	361	174
	Total governance			costs		827		961	674
23	Total charitable			expenditure		Current year	Current year	Current year	Prior year
						Unrestricted	Restricted	Total funds	Total funds
						funds	funds
						2022	2022	2022	2021
							K	R	K
	Total direct spending					24,885	33,503	58,388	21,223
	Total grantmaking			costs		8,938		8,938	55,123
	Total support	costs				52,316	1,871	54,187	47,275
	Total governance			costs		827	134	961	674
	Total charitable		expenditure			86,966	35,508	122,474	124,295