## ## |||Page| |---|---|---| |Charity's General Information||| |Trustees Report||| |Independent
Estnniner's|Report|| |Statement ofFinancial|Activities|| |Balance Sheet||| |Notes tothe Financial|Statements|7-9| ## |Mr Olugbenga
Emma
Mr Philip Adebukola|Mr Olugbenga
Emma
Mr Philip Adebukola|nuel
Daramola
Adegbola|| |---|---|---|---| |PASTOR ICHARITY COORDINATOR:||Pastor Ayodeji Olufolahan|Olaoye| |PRINCIPAL AND WORSHIP OFFICE:|||| ||Crawford House||| ||2Gwent Street||| ||Liverpool,||| ||United Kingdom.||| ||L88DN||| |CHARITY REGISTERATXN NUMBER:||1130539|| |BANKERS:|National Westminster|Bank Plc|| ||Childwall
1'iveways|Branch|| ||Liverpool L156YD||| |ACCOUNTANTS:|Richflo Accounting|Services 4td|| ||(Richflo Services)||| ||4Deeroak Close||| ||Manchester M188AF||| |IAL PERFORMANCE AND REVIEW OFFUTURE ACfIVITIES:
~g the year total Incomes of
gg~6
was realised and Expenditiue
Resources of
f67+11
as mcurtud on charitable
activities.
Included in the incomes was
f1,701
donations
received
towards restricted
building funds.
The year witnessed ageneral global lockdown due to theoutb~ o
acted almost all the Charity activities
in swift response to5 Kch~
once had tobe moved and live-streamed
fium the residence of+eP~| |---| |studio for the period ofthis report.
The cityofLiverpool was placed on the highest tier of+e| |year.| |However
the charity was able foreinvent operations
and
fimulies and individuals
that were affected by the pan
enn| |Iiaboration
with some other oC
~g Christmas~ ateam-up with another organisation
(Liverpool Lighthouse)
enabled the provision of
Christmas
Lunches to30families (119people), and 100Christmas boxes were sent to disadvantaged
htidren through
Samaritans
Purse.| |~tth ashift to the Charity embracing
and operating via technology,
the online outreach has successfully
led to an increase in participation ofnew members outside the city added to the church.
The Charity was able to do online men and women conferences, children's
meetings and over the summer,
an«me coding school foryoung people for4weeks.
IIecause ofthe lockdown, there was an initial drop in income, but with all admin services, church services
moved and operating online &om the residence ofthe Pastor/Charity
coonhtiator,
there was areduction
the costofrenting the hall space, and the costofoperations well managed
during the lockdowns.
The restricted
fund for future building acquisition
was boosted with surplus
funds saved, and this is now| |planned
for completion
in the next financial year.| |The Trustees are pleased toreport that the church continued tobe veiy successful in ministering
tomany
people, in spite ofthe global pandemic
through
online and digital initiatives.| |The charity aims to continually
build upon its cuttent achievements,
effecbvely spreading
the ethos of
love and unity while promoting
the Christian
faith through
innovations
and initiatives as the pandemic| |eases over the next months and years tocome.| |STATEMI:NT OFTRUSTEESRESPONSIIIILITYt| |The charity's Trustees are responsible
for the prepanihon offinancial statements,
and they consider audit| |is not required for this year under section 43(2)ofthe Charities Act 1993(the Act) and that an| |independent
examination
isneeded.| |In preparing
these financial statements,
the Trustees are inquired to:| |~ select suitable accounting policies and then apply them consistently| |~make judgements
and estunates
that are reasotiable and prudent| |~prepare the financial statements
on the going concern basis unless itis mapproluiate
to| |~presume that the church will continue in operational
service.| |+ the financial statements
are IMepared as required by law to give atrue and fair view of| |the state ofaffairs ofthe church surplus ordeficit for that period, and safeguard the assets| |ofthe church.| |Page 2| ## ## ||||Umestricted|Restricted|Restricted|TOTAL|TOTAL| |---|---|---|---|---|---|---|---| ||||Funds|hutlding|Funds|Funds|Funds| |||NOTES|2021|2021||2021|2020| |||||f|||| |INCOMING RESOURCES:|||||||| |Voluntary|Donatious Income||72,656||0|72,656|93,446| |HMRC GRANTS|||12/29||0|12429|0| |Building|Funds||0|1.701||1,701|3392| |TOTAL|INCOM1NG RESOURCES:||84885|1,701||$69586|9$$89| |RESOURCES EXPENDED:|||||||| |Charitable|Activities||31,751||0|31,751|38,938| |Governance Costs|||40,695||0|40,695|44,867| |Building
TOTAL|Costs
RESOURCES EXPENDED:||0
~72 4Ni|~0|0|0
~T2,446|0
j83POS| |Net movement
in Fund for the Year|||12,439|11701||14,140|15,033| ||RCCG - Lave Assembly|RCCG - Lave Assembly|||| |---|---|---|---|---|---| |1IAIANCE SHI-|||||| |RRTHE YEAR ENDED 31STNtAY 2021|||||| |||NOTES||2021|| |FIXEDASSliTS|||||R| |Tangible Assets||||14,804|14442| |Debtors 4,Ptepayments|||9,863||9,863| |~hara~|||139,477||126,539| |||||149,340|136,402| |||||164144|150,944| |CREDlTORS|||||| |Amount
due within|1year|||(750)|(750)| |C1tJ9$70lN|||||| |Amount due more|than|1 year||(140)|(1,080)| |NET CURIKNT LIABILITIES||||163/54|149,114| |CHARITY FUNDS|||||| |General funds||||163354|149I14| |||||163454|149,114| ## ## ## ## ## |31ST101AY|2021|||||| |---|---|---|---|---|---|---| ||||2O2l
Unrestricted|202i
Restricted|2121
TOTAL|2S20
TOTAL| ||||Funds|Funds|Funds|Funds| |NOTES
2|Voluntary
9onatlon incomes:
Tithe, thanksgiving
and a%mugs
Budding Funds||72,656
0.0|0.0
170l
1 701|72,656
1,701
~74 57|93,446
5,392| ||Other Incomes
HMRC GRANTS||12,229|0.0|12P29|0.0| ||Charitable
activities||Unrestricted|Restricted|TOTAL|TOTAL| ||||Funds|Funds|Funds|Funds| ||Rent 8r,Rates||13,437|0.0|13,437|26,000| ||Conferences,
Seminars||3,038|0.0|3,038|10,704| ||Donations
dh Welfare||1,478|0.0|1477.8|830.0| ||Utilities, Phone 8t,Internet|Bills|2,925|0.0|2,925|1,088| ||World Evangelical Missions||10,874|0.0|10,874|317| ||||31751|0.0|31,751|3 938| ||Governance Costs||Unrestricted|Restricted|TOTAL|TOTAL| ||||Funds|Funds|Funds|Funds| ||Transport, Vehicle Sr,Hire|Exp.|2,104|0.0|2,104|7,838| ||Repair and
Maintenance||7,523|0.0|7522.6|2384.0| ||Printing,
Stationery, Postages|dh Books|429|0.0|429|I,127| ||Accountancy
8tPayroll fees||750|0.0|750|750| ||Depreciation ofassests||4,935|0.0|4,935|4,847| ||Subscription
fees||1,904|0.0|1,904|1,862| ||Professional Fees||306|0.0|306|0.0| ||hrsurance
8'cLicences||4,419|0.0|4,419|3,102| ||Bank Charges||254|0.0|254|0.0| ||Sta6'Salaries 4,Allowances||18,073|0.0|18,073|16,456| ||Training Expenses||0.0|0.0|0.0|6,500| ||||40,695|0.0|40695|| ## |THE RNANCIALNXnuWS
FoellIEm
021|THE RNANCIALNXnuWS
FoellIEm
021|e emu|||| |---|---|---|---|---|---| |TANGIBLE FIXEDASSETS:||||2021|2020| ||Furnit8ne|Church|||| |Opening Balance
Additions
Closbtg Balance
COSTIVALUAllONI|and
Fittings
g
16,824
0
169824|Equipment
di; Van
g
21,042
5,]97|Motor
Vehitjes
24,904
0|TOTAL
62,770
5197
67@@ii|TOTAL
g
59,005
3765
62,770| |Depreciatk9n
Opening Balance
Charge for the period
Closing Balance|11,605
i/05
22+18|15,597
2,660
1$,258|21,026
970|48+2843/$1
4935~47
53,162
4IL22$|| |Net BookValue|||||| |Opening Balance|5,219|5444|3,&78|14,542|IS5624| |Closing Balance|3,914|7,9$1|2,909|14,$04|14~2| |DEBTORS AND PREPAYMEYISt||||2021|2020| |Other Debtors and Prepayments||||9863|9863| |||||9,863|9,863| |CREDITORS:Amount falling|Due Within|I Year|||| |Accountancy k.Professional fees||||750|750| |||||750|750| |CREDITORS:Amount falling|Due atter more tbau 1Year||||| |Car Finance -Due 190years
Balance Brought Forward
Less: Rcpayrncnts||||1,080
940|3339
~59| |Balance Canicd Forward||||140|1@80| |||2021f|2021
g|2021|2020
g| |MOVEMENT IN STATEMENT|OFFUNDS|Unrestricted|Resuicted|TOTAL|TOTAL| |||Funds||Funds|Ftmds| |Net Funds brought forward||42,897|106+17|149,114|134,081| |Funds gcncr88tcd during tbc year||12,439|1,701|14,140|15,033| |Net Funds Cerned forward||55336|107918|163/54|149,114|