2025-03-31-accounts - Redeemed Christian Church Of God - Living Faith Assembly Horsham

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RCCG Living Faith Assembly - 1135965

Annual Accounts

1 Apr 24 - 31 Mar 2025

Prepared by DTT Consultancy Ltd

RCCG Living Faith- Annual Account	RCCG Living Faith Assembly	RCCG Living Faith Assembly	RCCG Living Faith Assembly	RCCG Living Faith Assembly	RCCG Living Faith Assembly	1135965
	Annualaccountsforthe period
	Period start date	1st Apr 24	To	Period end date	31st Mar 25

Section A	Statement of financial activities
Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income S01 Support for community S02 Gift aid S03 Incoming resources from charitable activities S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 *Total resources expended* *Total incoming resources* *Total funds carried forward* Total funds brought forward *Net movement in funds* *Net incoming/(outgoing) resources before* *transfers* Gains and losses on investment assets Prior Year Adjustment Other recognised gains/(losses) *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds		Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05
		-	-	-	-	-
		155,042	-	-	155,042	167,525
		105,334	-	-	105,334	-
		51,794	-	-	51,794	36,838
		-	-	-	-	-
		-	-	-	-	-
		312,171	-	-	312,171	204,363

		-	-	-	-	-
		261,636	-	-	261,636	183,908
		-	-	-	-	-
		-	-	-	-	-
		32,000	-	-	32,000	16,705
		-	-	-	-	-
		-	-	-	-	-
		293,635	-	-	293,635	200,613
		18,536	-	-	18,536	3,750
		-	-	-	-	-
		18,536	-	-	18,536	3,750

		12,000 -	-	-	12,000 -	3,735
		-	-	-	-	-
		6,536	-	-	6,536	7,485
		209,153	-	-	209,153	201,668
		215,688	-	-	215,688	209,153

Section B Balance sheet as at 31st March 2025

Unrestricted funds Restricted funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05
415,293	-	-	415,293	410,455
-	-	-	-	-
-	-	-	-	-
415,293	-	-	415,293	410,455

-	-	-	-	-
-	-	-	-	-
	-	-	-	-
9,669	-	-	9,669	15,122
9,669	-	-	9,669	15,122

600	-	-	600	350

9,069	-	-	9,069	14,772

424,362	-	-	424,362	425,227

208,674	-	-	208,674	216,074
-	-	-	-	-

215,688	-	-	215,688	209,153

215,688			215,688	209,153
			-	-
	-		-	-
		-	-	-

215,688	-	-	215,688	209,153

Signature		Print Name		Date of approval
		Issac Peter		14/05/2025

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
and with*

 Accounting Standards;

or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act 1993.

[** except for the following].

Give details in this box if a different standard has been followed.

-Tick as appropriate:
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

 if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	 the charity becomes entitled to the resources;
	 the trustees are virtually certain they will receive the resources; and
	 the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure	the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional
	entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts	which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when
	receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources
facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and
	material_._The value placed on these resources is the estimated value to the charity of the
	service or facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	revaluing investments to market value at the end of the year.
EXPENDITURE AND	LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the
	charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of trustee
	meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service
conditions	or output to be provided, such grants are only recognised in the SoFA once the recipient of the
	grant has provided the specified service or output.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are
performance conditions	no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs	Support costs include central functions and have been allocated to activity cost categories on a
	basis consistent with the use of resources, eg allocating property costs by floor areas, or per
	capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use	These are capitalised if they can be used for more than one year, and cost at least £500. They
by charity	are valued at cost or a reasonable value on receipt.
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year
	end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress	These are valued at the lower of cost or market value.

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Analysis	This year Last year £ £	This year Last year £ £
Donations	155,042	123,566
Support for the community	105,334	43,959
Gift Aid Claim	51,794	36,838
Total	312,171	204,363

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

Section C Notes to the accounts (con

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

This year Last year £ £ Analysis	This year Last year £ £ Analysis	This year Last year £ £ Analysis
WAGES AND SALARIES	148,763	95,325
RENT	26,669	13,085
BANKCHARGES	309	252
INSURANCE	2,673	2,384
TELEPHONE	1,711	1,262
HONORARIUM	700	1,950
PRINTING & STATIONARY	190	723
STORAGE	4,344	1,130
OFFICE EXPENSES	1,457	1,396
TRAVEL	121	365
CHOIR & MEDIA	5,235	919
HMRC	15,846	7,547
TRAINING	1,200	518
DEPRCIATION	19,770	13,618
CHURCH ITEMS. EQUIPMENT &TECHNICAL	325	1,325
HOSPITALITY	815	1,368
UTLITIES	420	1,480
MOTOR EXPENSES	14,870	4,957
PROFESSIONAL FEES	3,699	18,499
INDEPENDENT EXAMINATION	600	350
BUILDING	-	2,800
WEBSITE	-	286
MORTGAGE INTEREST	8,398	9,360
REPAIR & MAINTAINENCE	-	400
OTHERS	105	500
MULTIMEDIA	3,118	1,785
BOOKS & LIBRARY	300	326
Total	261,636	183,908

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
Total	-	-

WELFARE	11,050	4,365
COF	830	140
WEM	14,763	6,641
MISSION	733	-
AREA /REGIONAL	310	700
DONATION	1,919	755
CONFERENCE	2,016	3,454
THANKSGIVING	35	170
EVANGELISM	343	480
Total	32,000	16,705

	-	-
	-	-
	-	-
Total	-	-

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

*support costs.*
Support cost type	Fundraising activity £	Charitable Activity £	Governance Activity £	Total Cost £
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
Total	-	-	-	-

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid

This year	Last year


£	£

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts	This year £	Last year £
	450	350

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

9.1 Cost or valuation
Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Payments on account and assets under construction Total £ £ £ £ £ £ Balance brought forward 380,000 46,471 6,000 - - 432,471 Additions - 21,440 - 3,168 - 24,608 Revaluations - - - - - - Disposals - - - - - - Transfers - - - - - - Balance carried forward 380,000 67,911 6,000 3,168 - 457,079 Basis* SL or RB SL or RB SL or RB SL or RB SL or RB Rate Balance brought forward - 20,016 2,000 - - 22,016 Depreciation charge for year - 16,978 2,000 792 - 19,770 Impairment provisions - - - - - - Revaluations - - - - - - Disposals - - - - - - Transfers - - - - - - Balance carried forward - 36,994 4,000 792 - 41,786 Brought forward 380,000 26,455 4,000 - - 410,455 Carried forward 380,000 30,917 2,000 2,376 - 415,293 9.3 Net book value 9.2 Accumulated depreciation and impairment provisions*	Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Payments on account and assets under construction £	Total £
	380,000	46,471	6,000	-	-	432,471
	-	21,440	-	3,168	-	24,608
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	380,000	67,911	6,000	3,168	-	457,079
	-	20,016	2,000	-	-	22,016
	-	16,978	2,000	792	-	19,770
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	36,994	4,000	792	-	41,786

	380,000	26,455	4,000	-	-	410,455
	380,000	30,917	2,000	2,376	-	415,293

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

12.1 Analysis of creditors
Loans and overdrafts Trade creditors Amounts due to subsidiary and associated undertakings Mortgage Accruals and deferred income Total	Amounts falling due within oneyear		Amounts falling due after more than oneyear
	This year £	Last year £	This year £	Last year £
	-	-	-	-
	600	350	-	-
	-	-	-	-
	-	-	208,674	216,074
	-	-	-	-
	600	350	208,674	216,074

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.