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|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|





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||||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|






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|3|TANGIBLE FIXED ASSETS:|Furniture|Furniture|Office|Motor|2023|2022|
|---|---|---|---|---|---|---|---|
||COST<br>/ 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<br>- 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<br>- 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|
|||Page 8||||