2023-05-31-accounts

RCCG	- Love Assembly
CONTENTS
FOR THEYEARENDED 31ST MAY		2023
			CONTENTS	Page
Charity's General Information				1
Trustees Report
Independent Examiner's Report				4
Balance Sheet				5
Notes to the Financial	Statements
Statement of Financial	Activities			8

			2023		2022
FIXED ASSETS	Notes
Tangible Assets	2		53,451		17,906
CURRENT ASSETS
Prepayments	3	8,576
Cash/Bank		223,685		175,100
		232,261		185,504
CIQEDITORS
Amount Due Within 1 Year	4	(500)		(500)
NET CURRENT ASSETS/(LIABILITIES)			231,761		185,004
CREDITORS
Amount Due After I Year	5		(27,544)		(0)
TOTAL NET ASSETS/(LIABILITIES)			257,668		202,910
CHARITY FUNDS
General Reserves for theYear	6		257,668		202,910
			257,668		202,910

3	TANGIBLE FIXED ASSETS:	Furniture	Furniture	Office	Motor	2023	2022
	COST / VALUATION:	Fittings		Equipment	Vehicles	TOTAL	TOTAL
	Opening Balance	16,824		35,310	24,904	77,038	67,966
	Additions		0	4,360	42,304	46,664	9,072
	Disposals		(0)	(0)	904)	(24	(0)
	Closing Balance	16,824		39,670	42,304	98,798	77,038
	Depreciation
	Opening Balance	13,889		22,521	22,722	59,132	53,163
	Charge for the period		734	4,287	3,916	8,937	5,969
	Disposals		(0)	(0)	(22,722)	(22,722)	(0)
	Closing Balance	14,623		26,808	3,916	45,347	59,132
	Net BookValue
	Opening Balance		2,936	12,788	2,182	17,906	14,804
	Closing Balance		2,201	12,862	38,388	53,451	17,906
4	PREPAYMENTS:
	Prepayments					8,576
						8 576	10 404
5	CREDITORS: Amount Due Within 1 Year
	Accountant Fees					500	500
						500	500
6	CREDITORS: Amount Due after 1 Year
	Purchase Costs (Financed)					,304	24,904
	AccumulatedRepayments (2023: El 1,700 / (2022:		€24,764)			(11,700)	(24,904)
	Current Repayments (2023: (€510.08 x 6)) / (2022: €0)					(3,060)	(0)
						27 544	0
7	Balance Carried Forward
	MOVEMENT IN STATEMENT OF FUNDS
	Net Funds Brought Forward					202,910	163,254
	Funds Generated	8				54,758	39,656
	Net Funds Carried Forward					257 668	202,910

FOR THEYE RCCG - Love Assembly				2023	2022
		Unrestricted	Restricted	TOTAL	TOTAL
		Funds	building Funds	Funds	Funds
8. FUNDS GENERATED:	Notes
Incoming Resources	9	138,869	46,903	185,772	169,782
Fund Transferred to Reserve		(0)	(24,000)	(24,000)	(42,000)
Resource Expended	10	(107,014)	(0)	(107,014)	(88, 127)
		31,855	22,903	54,758	39,656
9. INCOMINGRESOURCES:
Tithes and Offerings		107,249	o	107,249	88,144
Donations & Thanksgivings		8,088	45,673	53,761	53,487
Grant - Kickstart Scheme		4,341	0	4,341	5,812
Furlough Grants		0	0	0	1,485
Gift Aid		15,313	0	15,313	20,819
Bank Interest Income		0	1,230	1,230	35
Gain on Asset Partly Exchanged	2	3,878	0	3,878	0
TOTAL INCOME:		138,869	46,903	185,772	169,782
10. RESOURCESEXPENDED:
CharitableActivities	11	54,538	o	54,538	36,502
Governance Costs	12	52,476	o	52,476	51,625
TOTAL EXPENDITURE:		107,014	0	107,014	88,127
11 Charitable Activities
Rent& Rates		20,935	o	20,935	18,014
Conferences, Seminars		6,900	0	6,900	1,521
Donations & Welfare		3,838		3,838	5,968
Utilities, Phone & Internet Bills		5,731		5,731	491
ShoeboxAppeal		4,275		4,275	0
World EvangelicalMissions		12,859	o	12,859	10,508
		54,538	o	54,538	36,502
12 Governance Costs
Transport,Vehicle& Hire Expenses		12,126	o	12,126	5,675
Repair and Maintenance		2,297		2,297	2,347
Printing, Stationery, Postages& Books		1,118		1,118	874
Accountancy& Payroll Fees		576		576	500
Depreciation of Assets		7,082		7,082	5,969
Subscription Fees		2,063		2,063	2,428
Professional/AdministrationFees		6,280		6,280	5,613
Insurance & Licences		5,323	0	5,323	4,995
Bank Charges		274	o	274	253
StaffSalaries & Allowances		15,337	0	15,337	22,091
Training Expenses		0	0		880
		52,476	0	52,476	51,625
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