2021-12-31-accounts - The Redeemed Christian Church Of God And Rccg Light House Parish

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Reference and administrative details of the charity	Reference and administrative details of the charity	Reference and administrative details of the charity
Trustees' report			4-7
Independent examiner's		report
Statement of financial		activities
Balance sheet			10
Notes to the financial	statements		11-14


Trustee	s		Pastor David	Sola Oludoyi
			Mr. Sunday	Adewole	Afolabi
			Mr. Michael	Davies
			Deacon David Awojobi
Charity		registration
Number			1126652
Principal		Office	43 West Street
			Banbury
			Oxford
			OX16 3AH
Pastor	in charge		Pastor Abraham Adegoke
Accountant			Resource Management		Consultants	Ltd
			Chartered Certified Accountants
			46 Hollywood	Way
			Erith
			DAB 2QE

						Unrestricted	Unrestricted		Restricted		Total	Total
							Funds		Funds		Funds	Funds
							2021		2021		2021	2020
					Notes
INCOMING RESOURCES
Donations, legacies 5.similar	incoming			reso	2		93,031				93,031	92,994
Activities in furtherance of charity's			object		3		140		4,534		4,674
Investment					4		1				1	13
Other income					5		3,775				3,775	8,880
Tota I incoming resources							96,947		4,534		101,481	101,886
RESOURCES EXPENDED
Chari tabIe expenditure
Grants payable - individual							2,998				2,998	3,649
Grants payable —institutional							9,065		5QO		9,565	11,543
Costs of activities in furtherance			of
charities objects							86,440		10,360		96,8QO	62,268
Management and governance		costs					1,725				1,725	2,250
Total resources expended							100,228		10,860		111,088	79,710
Net (outgoing)/incoming	resources			for	year	-	3,281	-	6,326	—	9,606	22,176
Total funds at the start ofthe		year					30,894		13,712		44,606	22,429
BALANCE AT END OF YEAR							27,613		7,386		35,000	44,605

		Notes	2021	2020
FIXED ASSETS
Tangible	Fixed assets	10	7,307	8,998
CURRENT ASSETS
Cash and bank balances		11	28,993	36,858
Debtors		12
			28,993	36,858
LIABILITIES
Creditors
Amount	due in less than 12 months		1,300	1,250
Amount	due after one year
			1,300	1,250
NET ASSETS			35,000	44,606
CHARITY	FUNDS
General	—unrestricted	1d	27,613	30,894
General	- restricted	1e	7,386	13,712
TOTAL FUNDS			35,000	44,606

				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2021	2021	2021	2020
6. Grants payable - individual
Individual welfare				2,998		2,998	3,649
7. Grants payable - institutional
Charitable giving -UK				9,065	500	9,565	11,543
Charitable giving -overseas
Total				9,065	500	9,565	11,543
List of institution aI grants payable				E		F
RCCG WEM	World	Evangelism		4,900		4,900	7,139
RCCG Centra I Office	Central		Office Support	1,200		1,20Q	1,150
Festival of life	Missions			900		900	900
Evangelica I Alliance	Support		to Charities	600		600
Scottish Community	Support		to Charities	803		803
St Vincent S.Others	Sup port		to C harities	662	500	1,162	2,354
Total grant payable —institutional				9,065	500	9,565	11,543
8. COST OF ACTIVITIES IN FURTHERANCE		OF CHARITY'S OBjECTS
Visiting speakers expenses				5,331		5,331	3,300
Seminar and conferences							836
Travel and subsistence				988		988	330
Hall hire, rent 8t rates				5,501		5,501	1j.,969
Music, liturgy 8t church group				925		925	576
Worship cost 5.church occasion				1,123		1,123	516
Staff Cost				40,871		40,871	15,215
Other staff costs				7,711		7,711	1,460
Telephone S.internet				917		917	1,074
Printing, postage, stationery	and publicity			1,193		1,193	2,745
Motor expenses				4,424		4,424	3,136
Training, mission S.evangelism				1,352	2,719	4,071	5,611
Depreciation				7,129		7,129	6,056
Insurance				1,281		1,281	607
Repair at maintenance				379		379	887
Utilities 8t water bill				277		277	3,1Q7
Welfare S.hospitality				1,342		1,342	1,134
IT Consumables, subscription	S.sundry			2,082		2,082	1,316
Bank charges				71		71	70
Admin and office expenses				3,222		3,222	2,325
Community Project —Love christmas					625	625
Community project —Sports expenses				325	762	1,086
Community project —Sports hall					6,254	6,254
				86,440	10,360	96,800	62,268

				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2021	2021	2D21	202D
9. MANAGEMENT		AND GOVERNANCE	COSTS			f
Admin S.Office		expenses		425		425
Professiona	I fees						1,000
Examiner's	fees - accountancy			1,300		1,300	1,250
				1,725		1,725	2,250
10. TANGIBLE FIXED ASSETS

			Furniture	Motor	Musical	Computers	Tota I	Total
			8t Fittings	Vehicles	equipments	% projectors	31-Dec	31-Dec
							2021	2020
Cost			E
At 1 january		2021	9,195	8,0SO	2,718	4,694	24,657	21,897
Additions					3,289	2,149	5,438	2,760
At 31	December 2021		9,195	8,050	6,007	6,843	30,09S	24,657
Depreciation
At 1 january		2021	5,868	S,714	1,925	2,152	15,659	9,603
Depreciation		for year	2,199	2,013	1,304	1,613	7,129	6,056
At 31	December 2021		8,067	7,727	3,229	3,765	Z2,788	15,659
Net book value
At 31	December 2021		1,128		2,778	3,078	7,307	8,998
At 31	December 2020		3,327	2,336	793	2,542	8,998
11. CASH BALANCES							Year ended	Year ended
							31-Dec	31-Dec
							2021	2020
Cash	in hand
Bank	balance						28,993	36,858
							Z8,993	36,858
12. DEBTORS							Year ended	Year ended
							31-Dec	31-Dec
							2021	2020
Loans

13. CREDITORS	13. CREDITORS			Year ended	Year ended
Amount falling	due within		12 months	31-Dec	31-Dec
				2Q21	2020
Trade creditor's	due	within	12 months
Accrual: accountancy		fees		1,300	1,250
Staff Salary
				1,300	1,250

15. STAFF COST AND NUMBERS	Year ended	Year ended
Staff costs were as follows	31-Dec	31-Dec
	2021	2020
Wages and salaries	36,182	13,518
Social security costs	3,775	34Q
Pension costs	914	1,356
	40,871	15,215

Year	ended	Year	ended
	31-Dec		31-Dec
	2021		2020
	No.		No.

Pastoral
Charity	administration
Total

16. NET INC	OMING RESOURCES/(RES	OURCES EXPENDED)
			Year ended	Year ended
This is stated	after charging		31-Dec	31-Dec
			2021	2020
Depreciation	of tangible assets owned	by the charity	7,129	6,056
Accountant's	fees		1,300	1,250