| Notes | 2022 | 2021 | ||
|---|---|---|---|---|
| INCOMING RESOURCES |
||||
| Donations, legacies &similar |
incoming resources | 171,978 | 164,065 | |
| Activities in furtherance ofchadity's object |
31,295 | 65,227 | ||
| Total Incoming Resources | 203,273 | 229,293 | ||
| RESOURCES EXPENDED | ||||
| Grants Paid | '24,429 | 27,430 | ||
| Charitable Expenditure |
124,872 | 77,222 | ||
| Management and Governance |
Cost | 39,061 | 26,875 | |
| Total Resources Expended | 188362 | 131528 | ||
| Net Incoming/(Outgoing) Resources forthe year |
14,911 | 97,765 | ||
| BAIANCE AT BEGINNING OFTHE YEAR | 515,958 | 418,193 | ||
| BALANCE AT ENDING OFTHE | YEAR | 530,869 | 515,958 |
| BALANCE SHEETAS AT 31DECEMBER 2022 | |||||
|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||
| FIXED ASSETS | 6 | 6 | |||
| Tangible Assets | 323,300 | 304,800 | |||
| CURRENT ASSETS | |||||
| Debtor and Prepayments | 138 | ||||
| Cash and bank balances | 218,497 | 229,030 | |||
| 218,497 | 229,168 | ||||
| SHORT TERM LIABILITIES | |||||
| Creditors (amount | falling due within | a year) | 10 | 10,927 | 18,010 |
| NET CURRENT ASSETS | 207,570 | 211,158 | |||
| LONG TERM LIABILITIES | |||||
| Creditors (amount | falling due after | more than one year) | |||
| NET ASSETS | 530,869 | 515,958 | |||
| CHARITY FUNDS | |||||
| Accumulated Funds |
530,869 | 515,958 | |||
| 530,869 | 515,958 |
| 4.Grant Paid | 2022 | 2021 | |
|---|---|---|---|
| Grant Paid {Non-Institutional) | |||
| Administrative Gifts &Grants |
|||
| Grant Paid (Institutional) | |||
| Other Charitable giving —UK |
3,199 | 1,500 | |
| Charitable giving —overseas |
100 | ||
| 3199 | 1,600 | ||
| List ofMajor Institutional grant paid |
|||
| RCCG WEM | 17,580 | 23,680 | |
| RCCG Contribution —Central Office |
support | 1,200 | 1,200 |
| RCCG Contribution —Area &Provincial Oflice support |
1,750 | 450 | |
| Festival of Life &Other Evangelism | Support | 700 | 500 |
| 21,230 | 25,830 | ||
| Total | 24,429 | 27,430 | |
| 2022 | 2021 | ||
| 5.COST OF ACTIVITIES IN FURTHERANCE OF CHARITY OBJECT | |||
| Travel | 10,140 | 5,822 | |
| Rent | 12,000 | 12,000 | |
| Refreshment | 17,497 | 5,981 | |
| Meetings, Training &Development | 1,420 | 600 | |
| Telephone, Internet &Postage |
4,211 | 970 | |
| Honorarium | 5,930 | ||
| Salaries, Wages, PAYE & NIC | 36,598 | 32,460 | |
| Repairs, Maintenance &Miscellaneous |
10,854 | 1,998 | |
| Insurance, Licence &Legal Fee |
5,721 | 3,783 | |
| Members' Welfare &HospitaiitY |
5,915 | 2,088 | |
| Utilities | 10,977 | 5,590 | |
| 124,872 | 77,222 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 6.MANAGEMENT &GOVERNANCE |
COST | f | f | ||||
| Adltluus'tratlve | |||||||
| 14,907 | 11,748 | ||||||
| Accountancy fee | 2,350 | 2,000 | |||||
| Depreciation | 21,805 | 13,127 | |||||
| 39061 | 26875 | ||||||
| 7.TANGIBLE FIXEDASSET | Land & Building |
Musical Instruments |
Furniture Fittings |
& | Motor Vehicle |
Total | |
| Cost | |||||||
| At 1January 2022 | 372,276 | 77,098 | 71,278 | 21,825 | 542,477 | ||
| Additions during the year At31December 2022 |
372,276 | 15,466 92,564 |
4,339 75,617 |
20,500 42,325 |
40,305 582,782 |
||
| Depreciation | |||||||
| At 1January 2022 Charged forthe year At 31December 2022 |
7,454 85,810 78,356 |
6,843 76,658 69,815 |
2,383 70,164 67,781 |
5,125 26,850 21,725 |
21,805 259,482 237,677 |
||
| Net BookValue | |||||||
| At 31December 2022 At31December 2021 |
286,466 293,920 |
15,906 7,283 |
5,453 3,497 |
15,475 100 |
323,300 304,800 |
||
| 2022 | 2021 | ||||||
| 8.CASH & BANK BALANCES | F. | f | |||||
| Cash at hand | |||||||
| Bank Balance | |||||||
| 218,497 | 229,030 | ||||||
| 218,497 | 229,030 | ||||||
| 2022 | 2021 | ||||||
| 9.DEBTORS&PREPAYMENTS | |||||||
| Debtors | |||||||
| Prepayment | 138 | ||||||
| 138 |
| 2022 | 2021 | ||
|---|---|---|---|
| 10.CREDITORS: AMOUNT | FALLING DUE WITHIN ONE YEAR | ||
| Ouuings | 10,927 | 18,010 | |
| 10,927 | 18,010 | ||
| 2022 | 2021 | ||
| 11.RESERVE(CHARIIY FUNDS) | |||
| Income &Expenditure | Account b/f | 515,958 | 418,193 |
| Prior Year Adjustment | |||
| Income 8,Expenditure | Account (current Year) | 14,911 | 97,765 |
| 530,869 | 515,958 |