| Notes | Total | Total | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| INCOMING RESOURCES |
|||||
| Donations, legacies &similar |
incoming resources | 63,168 | 49,790 | ||
| Activities in furtherance |
ofcharity's object | 5,919 | 6,280 | ||
| Total Incoming Resources | 69,086 | 56,069 | |||
| RESOURCES EXPENDED | |||||
| Grants Paid | 8,769 | 9,396 | |||
| Charitable Expenditure |
26,944 | 24,169 | |||
| Management and Governance |
Cost | 3,165 | 3,310 | ||
| Total Resources Expended | 38,879 | 36,874 | |||
| Net Incoming/(Outgoing) | Resources for the year | 30,207 | 19,195 | ||
| BALANCE AT BEGINNING | OF THE YEAR | 123,287 | 104,092 | ||
| BALANCE AT ENDING OF | THE | YEAR | 153,494 | 123,287 |
| BALANCE SHEET AS AT YEAR ENDED 30APRIL 2023 | |||||
|---|---|---|---|---|---|
| Notes | 2023 | 2022 | |||
| FIXEDASSETS | 6 | E | |||
| Tangible Assets |
9,391 | 7,411 | |||
| CURRENT ASSETS | |||||
| Debtor and Prepayments | 450 | ||||
| Cash at hand and in bank | 144,604 | 115,927 | |||
| 144,604 | 116,377 | ||||
| SHORT TERM LIABILITIES | |||||
| Creditors (amount | falling due within | a year) | 10 | 500 | 500 |
| NET CURRENT ASSETS | 144,104 | 115,877 | |||
| LONG TERM LIABILITIES | |||||
| Creditors (amount | falling due after | more than one year) | |||
| NET ASSETS | 153,494 | 123,287 | |||
| CHARITY FUNDS | |||||
| Accumulated Fund |
153,494 | 123,287 | |||
| 153,494 | 123,287 |
| Total | Total | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 2. | DONATIONS, | LEGACIES AND SIMILAR | ||
| INCOMING | RESOURCES | |||
| Building fund | ||||
| Tithe | 46,042 | 41,032 | ||
| Offering | 16,989 | 7,432 | ||
| Thanksgiving | 137 | 1,325 | ||
| 63,168 | 49,790 |
| Total Funds | Total Funds | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 3.ACTIVITIES IN FURTHERANCE | OF CHARITY OBJECT | |||
| Grant Received | —Gift Aid | 5,919 | 6,280 | |
| Grant Received | - Others | |||
| 5,919 | 6,280 |
| Total | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 4.Grant Paid | 2023 | 2022 | |||||||
| Grant Paid (Non-Institutional) | |||||||||
| Pastor's Stipend s | |||||||||
| Administrative Gifts |
&Grants | ||||||||
| Grant Paid (Institutional) | |||||||||
| Other Charitable giving - UK |
440 | 197 | |||||||
| Charitable giving - |
overseas | ||||||||
| 440 | 197 | ||||||||
| List ofMajor Institutional | grant paid | ||||||||
| RCCG WEM | 6,690 | 7,358 | |||||||
| RCCG Contribution | —Central Office | support | 1,200 | 1,200 | |||||
| RCCG Contribution | - | Area | &Provincial | Office support | 200 | 400 | |||
| Festival of Life &Other Evangelism | Support | 240 | 240 | ||||||
| 8,330 | 9,198 | ||||||||
| Total | 8,769 | 9,396 | |||||||
| Total | Total | ||||||||
| 2023 | 2022 | ||||||||
| 5.COST OF ACTIVITIES | IN FURTHERANCE | OF CHARITY OBJECT | |||||||
| Travel | 608 | ||||||||
| Rent & Rate | 7,970 | 9,381 | |||||||
| Refreshment | 2,507 | 797 | |||||||
| Meetings, Training |
&Development | 256 | 260 | ||||||
| Telephone, Internet |
&Postage | 389 | |||||||
| Honorarium | 450 | ||||||||
| Salaries, Wages, PAYE & NIC | 6,042 | 6,134 | |||||||
| Repairs, Maintenance | &.Miscellaneous | 1,411 | 1,689 | ||||||
| Insurance, Licence |
&Legal | Fee | 694 | 593 | |||||
| Stationeries, Printing |
&Publicity | 409 | 78 | ||||||
| Loan written off | 200 | ||||||||
| Utilities | 6,108 | 4,241 | |||||||
| 26,944 | 24,169 |
| Tota | I | Total | ||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| 6.MANAGEMENT | &GOVERNANCE | COST | ||||
| Administrative | 550 | 700 | ||||
| Professional | Fees | 500 | 500 | |||
| Depreciation | 2,115 | 2,110 | ||||
| 3,165 | 3,310 | |||||
| Musical & | ||||||
| Technical | Furniture | & | ||||
| 7.TANGIBLE FIXED ASSET | Instruments | Fittings | Total | |||
| Cost | ||||||
| At 1 May 2022 | 20,684 | 7,828 | 28,512 | |||
| Additions during |
the year | 4,095 | 4,095 | |||
| At 30April 2023 | 24,779 | 7,828 | 32,607 | |||
| Depreciation | ||||||
| AtlMay2022 | 14,248 | 6,854 | 21,101 | |||
| Charged for the year | 1,541 | 574 | 2,115 | |||
| At 30April 2023 | 15,789 | 7,427 | 23,216 | |||
| Net BookValue | ||||||
| At 30April 2023 | 8,990 | 401 | 9,391 | |||
| At 30April 2022 | 6,436 | 975 | 7,411 | |||
| 2023 | 2022 | |||||
| 8.CASH AT HAND | & IN BANK | |||||
| Cash at hand | ||||||
| Cash in bank | 144,604 | 115,927 | ||||
| 144,604 | 115,927 | |||||
| 2023 | 2022 | |||||
| 9.DEBTORS & PREPAYMENTS | ||||||
| Debtors | 450 | 450 | ||||
| 450 | 450 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 10.CREDITORS: AMOUNT | FALLING DUE WITHIN ONE YEAR | |||
| Owings | 500 | 500 | ||
| 500 | 500 | |||
| 2023 | 2022 | |||
| 11.RESERVE(CHARITY FUNDS) | ||||
| Income | Rs Expenditure | Account b/f | 123,287 | 104,092 |
| income | Rr Expenditure | Account (current year) | 30,207 | 19,195 |
| 153,494 | 123,287 |