— ——
———_———~ —————— —— —
_ SS =—————-= SS
——
=
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
Charity Reg No: 1124638
TRUSTEES' ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Ayoks Consulting Ltd
Page 1 of 16
ree
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
----- Start of picture text -----
||||||
|---|---|---|---|---|
|CONTENTS|
|Reference|and|Administrative|Details|3|
|Trustees’ Annual Report|4|
|Independent Examiner's Report|10|
|Statement of|Financial|Activities|11|
|Balance Sheet|12|
|Note|to the|Financial Statements|13|
----- End of picture text -----
|
Ayoks Consulting Ltd
Page 2 of 16
qa
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES & ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Dr Abiye Hector-Goma - Chairman Mrs Okoho Herbert Ukpabio Mrs Anthonia Nkemdilim Obafaiye Mr Oluwatominiyi Akintolu Dr Mrs. Olufunke Taiwo Bakare Miss Patricia Obawole - Secretary Mrs Godswill Tolulope Babalola
General Overseer
Pastor E A Adeboye
Pastor in Charge Pastor Samuel Obafaiye
Principal Address
Charity Registration No 1124638
Bankers Unity Trust Bank Nine Brindleyplace Birmingham B1 2HB
Barclays Bank Plc 69 Albion Street Leeds LS1 5LD
Land of Mercy 15-17 Walter Street Leeds LS4 2BB
Independent Examiner Ayoks Consulting Limited (International Accountant) Pennine 5 Block 2 Spaces 20 - 22 Hawley Street Sheffield S12EA
Ayoks Consulting Ltd
Page 3 of 16
—
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
TRUSTEES' ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
STATUS
The charity was constituted under a Trust deed dated 30 May 2008 and is registered in England and Wales with charity number 1124638.
APPOINTMENT OR ELECTION OF TRUSTEES
Trustees are elected and co-opted under the terms of the trust deed.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The charity is organised in such manner that permits the trustees to meet and manage its affairs. The Pastor in Charge manages the day-to-day administration of the church.
RELATED PARTY RELATIONSHIPS
The charity is a parish of The Redeemed Christian Church of God (RCCG) which has parishes all over the world. The charity's relationship with other RCCG parishes is governed by an Agreement for Common Purposes’.
PRINCIPAL FUNDING
Funding has been provided mainly through tithes and offerings by church members as well as gift aid.
OBJECTS AND ACTIVITIES
The principal object is the advancement of Christian faith worldwide and the relief of poverty. To promote any charitable activity for the benefits of the local people. To achieve its objective, the charity adopted the following Strategies:
Conducting Sunday worship services, midweek bible study and prayer meetings;
Running seminars in the church with proven ministers of faith to guide members in the various aspects of Christian faith; Supportfor other charities and Christian events; and
Regular visitations within the local community to provide required support.
The activities for achieving its objectives include:
Community outreach events;
Conferences and events;
Welfare support to members and general public; and
Various missionary activities.
ACHIEVEMENTS AND PERFORMANCE
The Trustees working with the incumbent Pastor-in-Charge, Pastor Samuel Obafaiye, sought to propagate and promote the ecclesiastical parish of the whole mission of the church, pastoral, evangelistic, social, and ecumenical. We also
demonstrated financial contributory maintenance responsibilities for the World Evangelical Mission (WEM) UK, being
an organ of the Head Office of the Redeemed Christian Church of God.
Ayoks Consulting Ltd Page4 of 16
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
TRUSTEES' ANNUAL REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Everlasting Father's Assembly is part of the Redeemed Christian Church of God (RCCG), an international network of churches. We are a friendly, Bible believing and family-oriented church community in the heart of Leeds, West Yorkshire. Whether working, studying, or living in and around Leeds, we look forward to welcoming new people every week to our activities in the name of the Lord Jesus.
The year 2024 was such a season of reassembling, re-building and reinforcement for the church at large and the families
within the church in particular.
God promised to remake us again by fitting and joining our separate parts together. He will help to remodel us extensively by reconstructing us altogether. He promised to make us stronger by adding more ‘materials and resources’ to us. He also said that He will increase our ‘strength’ in quality and quantity. He will make our lives, our families and our Assembly more distinct and more pronounced in the year 2024 and beyond to the glory of His name.
Of a truth, God was very gracious to us. He was true to His promises in our lives. He indeed assisted us to reassemble, rebuild and become reinforced. Glory be to God!
Throughout the year, we were able to bring people to the knowledge and the love of the Lord Jesus in a non-threatening or judgmental way; assist them with different issues of life and challenge their faith to grow more in The Lord.
We continued our weekly church programmes with about 250 persons attending our weekly meetings to the glory of God. Sundays
-
Sunday Service (10.00am - 13.00pm). We now have a hybrid service (both in church and online).
-
Children Sunday Service (10.15am - 13.00pm).
-
Teens Bible Study (10.15am - 11.00am).
These targeted programmes for children and young people from different family backgrounds enabled us to inculcate spiritual disciplines in them from an early age which will have a positive effect on their lives as they grow older.
Free street parking was available to all guests, and we served refreshments after the Sunday activities to provide opportunities for social fellowship amongst visitors, new and returning members. This is an important source of social capital especially to individuals and families facing isolation.
Wednesdays
- Digging Deep (6.30pm - 8.30pm).
This is a worldwide initiative of RCCG to equip members for spiritual development to enable each one to serve
|
God and country more effectively as we are called to be ‘salt and light’ to the world. We now have a hybrid service (both in church and online).
Ayoks Consulting Ltd
Page 5 of 16
----- Start of picture text -----
as
----- End of picture text -----
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
TRUSTEES' ANNUAL REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Saturdays
The Choir group continued to meet on Saturday evenings, and we are always on the lookout for new talent to join these dynamic group. Using music, we were able to communicate altruist values to enable people approach the vicissitudes of life in different perspectives.
The word of the Lord comes regularly to bless the people, the evidence of which is present within the church in terms of physical and spiritual growth. The church evangelism and outreach continued on the last Saturday of every month. This is a fantastic opportunityfor us to walk the streets (come rain or shine), to interact with members of the public. We get to listen to their views about everyday issues of life and bring them to the knowledge and love of the Lord in a non-threatening or judgemental way.
Other special church activities include:
-
Celebration of Life Service (first Sunday of the month).
-
Anointing Service (last Sunday of the month).
-
Holy Communion Service (last Wednesday of the month).
-
Night Vigil (first Friday of the month).
We had a special Praise Service on 14th January 2024, anchored by the host choir “Eternal Worshippers”.
We had a special Thanksgiving Service on 4th February 2024, with Minister David Dam from Koinonia Abuja, ministering.
----- Start of picture text -----
We had a special Singles & Married Session, as touching all relationships. We had Ministers Bisi and Yomi Adewale
----- End of picture text -----
ministering.
We hada Special Praise Service on 1* March 2024 to culminate the end of the 50 days fasting. The praise sessions were conducted
by Eternal Worshippers — the host choir.
The church celebrated Mothers’ Day on the 10th March 2024. The theme of the Conference and Mothers’ Day celebration
was “At Thy Word”. Ministering at the Conference was Pastor Mrs Anthonia Obafaiye.
We had Special Easter Celebration Services on 29" March 2024 - Sunday 31°* March 2024. There was Fasting, Worship, Hymn and Praise on Friday. There was Water Baptism and Evangelism on Saturday. Then Easter Service on Sunday. The theme of the celebration was “And the 3rd day, | will raise it up”. Ministering were the host pastors.
We had a special Praise Service on 5th May 2024. The guest ministerwas Minister Olusayo Orodele.
We hosted a special Mission Engagement Celebration on 19th May 2024 with Evang. Kola Shodeinde ministering.
Ayoks Consutting Ltd
Page 6 of 16
—
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
The 2024 Father’s Day Celebration was on 16th June 2024 with Pastor Sam Obafaiye ministering. The theme for the service was “Fathers that build with God”.
On Sunday 23rd June 2024, the elders in the parish conducted the whole service as part of the annual Elders Weekend
celebration in the Redeemed Christian Church of God, UK Chapter. Ministering was Deacon Jacob Odaudu.
We had our 18th year anniversary conference on 28th-30th June 2024. The theme of the conference was “Divinely Assisted Reassembling, Rebuilding and Reinforcements”. The main speaker was Pastor Janet Adedipe.
Also, the week commencing 01/07/24 to 07/07/24 was also the Pastor’ Appreciation Week in RCCG in UK. On Sunday
07/07/24, few members were opportune to express verbal appreciation to the Pastors of the parish for their sacrifice to the ministry.
We had a Special Sunday Service on 22nd September 2024. The theme was “Divinely Assisted Renewal”. The guest minister
was Pastor Akinkunmi Thomas.
We had our yearly evangelism outreach to the Universities at the beginning of the school year tagged “Freshers’ Welcome” between 16th-27th September 2024. This was followed by a Special Reception for Freshers in our church premises on Saturday 28th September 2024.
We had a Special Sunday Service on the 13thOctober 2024 themed “Divinely Assisted Reinforcements”. The guest minister was Pastor Mrs Clementina Agboola.
We had our yearly Multicultural Day Service on 13" October 2024. It was a day to celebrate different cultures in the church.
We had our Fresh Talent Service on 17th November 2024. The church uses this programme to recruit more volunteers to the church workforce.
We had our yearly Workers Banquet on 22nd November 2024. These events are geared at appreciating the church volunteers.
We had our Christmas Carol Service on 8th December 2024, with Eternal Worshippers ministering wonderfully.
We finished off the year with some special programmes like Christmas Service on 25" December; the parish yearly fasting and prayers from 25th December31stDecember 2024; a special weekend programme from 27th-29th December themed “Divinely Assisted Crossover” with Pastor Samuel Adekoya ministering. Finally, the year 2024 Watchnight Service was held on the 31st of December 2024, as we were ushered into the new year 2025 by God.
Ayoks Consulting Ltd
Page 7 of 16
——
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
We continued to provide a free meeting room for the bi-monthly meeting of the Nigerian Community Leeds.
We madea further donation of £3,000.00 to RCCG Everlasting Father’s Abode, Wakefield towards their new church building
renovation. Further Donations £250.00 to Nigeria Community Leeds. £250.00 to Refugee Education Training and Advisory Service, Leeds. £250.00 to St. Georges Crypt, Leeds. £250.00 to Christian Aid. £250.00 to Salvation Army. £250 to Leeds Communities Foundation. £250.00 to CRISIS. £250.00 to Christian Concern £300.00 as annual dues to Good Women Fellowship, Region 6. £200.00 RCCG Open Heavens, Halifax. £500.00 RCCG Christ Church, Leeds (Building Purchase). £500.00 RCCG Kingdom Life Tabernacle, York (Building Purchase). £250.00 to Evangelic Alliance as yearly contribution. £100.00 to African Mission Global 2024 conference. £300.00 RCCG Region 6, Men Conference. £200.00 RCCG CRA, Nottingham. £150.00 towards Go-A-Fishing Event. £400.00 RCCG Area Contribution towards Regional Project. £200.00 towards Zonal conference. £200.00 to Calvary International Christian Centre, Leeds. We delivered food donations to Women Aid, Leeds.
We financially supported the World Evangelical Mission (WEM) - a charity set up by RCCG International Headquarters to take the gospel to the ends of the earth with £24,870 in 2024. We also supported RCCG Central Office UK regularly, as we give them £1,200 per year to assist with their administrative expenses.
Families within the Church also worked with Compassion UK to continue their sponsorship of children all over the world by making a direct debit of about £32.00 per month for these children.
To the glory of God, the Charity is now a freehold owner of the property where we worship~ The Land of Mercy. Bills are paid promptly; and the financial state of the charity is very buoyant to the glory of God.
The church building and other material assets of the church are maintained properly and re-decorated as and when necessary.
Ayoks Consulting Ltd
Page 8 of 16
——
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
TRUSTEES' ANNUAL REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees are indeed pleased to report that RCCG Everlasting Fathers Assembly has continued to be for the benefit of the public by addressing her charity objects of propagating the Christian faith and seeking to alleviate poverty among people, especially in the United Kingdom.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The charity trustees are responsible for preparing the Trustees' Annual Report and financial statements in accordance with applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financialyear which gives a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently;
Observe the methods and principles in the Charities SORP;
Make judgement and estimates that are reasonable and prudent;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees recognise their responsibilities to keep proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charity Act 2011. They are also responsible for safeguarding the assets of the charity, hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The appended financial statements have been prepared on the accrual basis and have been examined by an independent examiner, whose report is also appended.
Approved by the trustees and signed on their behalf by:
----- Start of picture text -----
Name: f ial o\ \ “ i ,
» c Abiye LCT] \O
Position: ucy | \ N\o\
Signature: Qe Alws —
Date: ‘|. LO.‘)oe QOASfy “Viie
----- End of picture text -----
Page 9 of 16
Ayoks Consulting Ltd
EE
----- Start of picture text -----
nn dL )QOdOQOd OO OO
----- End of picture text -----
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
| report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which is set out on pages 11 - 16
RESPONSIBILITIES AND BASIS OF REPORT
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the 2011 Act").
Having satisfied myself that the accounts of the charity are not required to be audited under Section 142(2) of the Charity Act 2011 ("the 2011 Act") and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the CharityAct2011 (“the Act"). In carrying out my examination, | have followed the Directions given by the Charity Commission section 145(5)(b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting record were not kept as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a "true and fair view" which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
----- Start of picture text -----
Ld, 24-025
Abiodun Akintebi FAIA, FCCA
(international Accountant)
Ayoks Consulting Ltd
Pennine 5 Block 2
Spaces
21-22 Hawley Street
Sheffield
$12EA
Ayoks Consulting Ltd Page 10 of 16
----- End of picture text -----
qa
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Notes|2024|2023|
|INCOMING|RESOURCES|£|£|
|Donations,|legacies &|similar incoming|resources|2|212,523|224,318|
|Activities|in furtherance|of charity's|object|3|71,590|-|
|Total Incoming Resources|284,114|224,318|
|RESOURCES|EXPENDED|
|Grants|Paid|4|35,470|34,636|
|Charitable Expenditure|5|172,013|157,822|
|Management and Governance Cost|6|56,870|52,037|
|Total Resources Expended|264,353|244,496|
|Net Incoming/(Outgoing)|Resources for the year|19,760|(20,178)|
|BALANCE AT BEGINNING OF THE YEAR|510,691|530,869|
|BALANCE AT ENDING OF THE YEAR|530,451|510,691|
----- End of picture text -----
|
Ayoks Consulting Ltd
Page 11 of 16
ee
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
BALANCE SHEET AS AT 31 DECEMBER 2024
| Notes | 2024 | 2023 | |
|---|---|---|---|
| FIXEDASSETS | £ | £ | |
| TangibleAssets | 7 | 329,331 | 338,082 |
| CURRENTASSETS | |||
| Debtorand Prepayments | 9 | - | - |
| Cashand bankbalances | 8 | 210,895 | 182,629 |
| 210,895 | 182,629 | ||
| SHORTTERM LIABILITIES | |||
| Creditors (amountfallingduewithin ayear) | 10 | 9,775 | 10,020 |
| NETCURRENTASSETS | 201,120 | 172,609 | |
| LONGTERM LIABILITIES | |||
| Creditors (amountfallingdue aftermorethanoneyear) | - | - | |
| NETASSETS | 530,451 | 510,691 | |
| CHARITYFUNDS | |||
| Accumulated Funds | 11 | 530,451 | 510,691 |
| 530,451 | 510,691 |
----- Start of picture text -----
Approved by the trustees and signed on their behalf by:
Name: iz “ye Wecra = WO.
Position: Uae MmOW
Signature: (SR OnE
—_—
Date: a\ z! \d « 2025
----- End of picture text -----
Ayoks Consulting Ltd
Page 12 of 16
——
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
NOTES TO THE ACCOUNTS
1. ACCOUNTING POLICIES
(a) The accounts are prepared under the historical cost convention and in accordance with applicable accounting standards. They follow best practice as set out in the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued March 2005 as modified for smaller charities. (b) Income and expenditure is accounted for on an accruals basis.
(c) Fixed assets comprise land and building, musical equipment, furniture and fittings, and motor vehicle. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value over their expected useful lives on the following bases:
Land and Building 2% straight line Musical equipment 25% straight line Furniture and fittings 25% straight line Motor vehicles 25% straight line
| 2024 | 2023 | ||
|---|---|---|---|
| 2. | DONATIONS, LEGACIESANDSIMILAR | £ | £ |
| INCOMING RESOURCES | |||
| Plannedgiving | 211,873 | 223,618 | |
| OtherCollections | 650 | 700 | |
| 212,523 | 224,318 | ||
| 2024 | 2023 | ||
| 3. | ACTIVITIES IN FURTHERANCE OFCHARITYOBJECT | £ | £ |
| Grant received - GiftAid | 71,590 | - | |
| Grant received - Others | - | “ | |
| 71,590 | - |
The Gift Aid receipt of £71,590 relates to two years, comprising £29,673 for the year ended 31 December 2022 and £41,917 for the year ended 31 December 2023. The increase in the 2023 Gift Aid repayment claim was driven by both a rise in the number of donors giving permission for Gift Aid to be claimed and an overall increase in the level of donations received during the year.
Ayoks Consulting Ltd
Page 13 of 16
———
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
NOTES TO THE ACCOUNTS (CONTINUED)
| 4. | Grant Paid | 2024 | 2023 |
|---|---|---|---|
| Grant Paid (Non-Institutional) | £ | £ | |
| Administrative Gifts&Grants | = | - | |
| Grant Paid (Institutional) | £ | £ | |
| OtherCharitable giving -UK | 5,550 | 4,130 | |
| Charitablegiving -overseas | - | - | |
| 5,550 | 4,130 | ||
| ListofMajor Institutionalgrantpaid | £ | £ | |
| RCCGWEM | 24,870 | 23,525 | |
| RCCG Contribution -Central Officesupport | 1,200 | 1,200 | |
| RCCGContribution -Area, Provincial& RegionalOffice support | 2,150 | 5,181 | |
| Festivalof Life&Other Evangelism Support | 1,700 | 600 | |
| 29,920 | 30,506 | ||
| Total | 35,470 | 34,636 | |
| 2024 | 2023 | ||
| 5, | COSTOFACTIVITIES IN FURTHERANCE OFCHARITYOBJECT | £ | £ |
| Travel | 14,965 | 15,443 | |
| Rent | 16,142 | 14,877 | |
| Refreshment | 32,692 | 31,389 | |
| Meetings,Training &Development |
2,713 | 4,144 | |
| Telephone, Internet&Postage | 5,384 | 828 | |
| Honorarium | 10,750 | 13,500 | |
| Salaries,Wages, PAYE&NIC | 45,371 | 46,489 | |
| Repairs, Maintenance& Miscellaneous | 11,042 | 7,251 | |
| Insurance, Licence&LegalFee | 3,968 | 5,096 | |
| Members’Welfare& Hospitality | 11,159 | 3,498 | |
| Utilities | 17,827 | 15,308 | |
| 172,013 | 157,822 |
Ayoks Consulting Ltd
Page 14 of 16
—
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
NOTES TO THE ACCOUNTS (CONTINUED)
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| 6.MANAGEMENT&GOVERNANCECOST | £ | £ | |||
| Administrative | 15,200 | 16,782 | |||
| Accountancyfee | 2,300 | 2,350 | |||
| Depreciation | 39,370 | 32,905 | |||
| 56,870 | 52,037 | ||||
| Land& | Musical | Furniture& | Motor | ||
| 7.TANGIBLE FIXEDASSET | Building | Instruments | Fittings | Vehicle | Total |
| Cost | £ | £ | £ | £ | £ |
| At1January2024 | 372,276 | 109,831 | 106,038 | 42,325 | 630,470 |
| Additions during theyear At31December2024 |
- 11,008 19,611 - 30,619 et i 372,276 120,839 125,649 42,325 661,089 re cies PE |
||||
| Depreciation | |||||
| At1January2024 | 93,264 | 87,114 | 80,035 | 31,975 | 292,388 |
| Chargedfortheyear At31December 2024 |
7,454 12,192 14,600 5,125 39,370 nc 100,718 99,306 94,635 37,100 331,758 i eer neta es |
||||
| NetBookValue | |||||
| At31December 2024 At31December2023 |
271,558 21,534 31,014 5,225 329,331 ea eee nn NDAITINA AntireEl 279,012 22,717 26,003 10,350 338,082 ——————— |
||||
| 2024 | 2023 | ||||
| 8.CASH& BANK BALANCES | £ | £ | |||
| Cash athand | |||||
| - | = | ||||
| BankBalance | 210,895 | 182,629 | |||
| 210,895 182,629 cn TE |
|||||
| 2024 | 2023 | ||||
| 9.DEBTORS& PREPAYMENTS | £ | £ | |||
| Debtors | |||||
| - | - | ||||
| Prepayment | - | - |
Ayoks Consulting Ltd
Page 15 of 16
——
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) EVERLASTING FATHER'S ASSEMBLY
NOTES TO THE ACCOUNTS (CONTINUED)
| 2024 | 2023 | ||
|---|---|---|---|
| 10. | CREDITORS:AMOUNTFALLING DUEWITHIN ONEYEAR | £ | £ |
| Owings | 9,775 | 10,020 | |
| 9,775 | 10,020 | ||
| 2024 | 2023 | ||
| 11. | RESERVE (CHARITYFUNDS) | £ | £ |
| Income& ExpenditureAccount b/f | 510,691 | 530,869 | |
| Income&ExpenditureAccount (current year) | 19,760 | (20,178) | |
| 530,451 | 510,691 |
Ayoks Consulting Ltd
Page 16 of 16