Registered number: 6794767
Charity number: 1137881
RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
INDEPENDENT EXAMINATION
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

RESURRECTION LIFE CENTRE LTD
(A company Ilmited by guarantee)
CONTENTS
Page
Reference and adminislrative details of the Charitable Company, its Trustees and
advisers
Trustees. report
Independent examiner's report
Statement of financial activities
Balance sheet
10-11
Statement of cash flows
12
Notes to the financial statements
13-28

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND
ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Pastor Adeseye Atunrase
Mr Adejumo S Bakare
Pastor Chuka Nwafor. Chief Execulive
Mrs Christiana Ekaete Olaoye
Company registered
number
6794767
Charlty reglstered
number
1137881
Reg istered office
Rear of 31-33 High Road
Chadwell Heath
Romford
Essex
RM6 8QJ
Chief executlve offlcer
Pastor Chuka Nwafor
Accountants
Stephen Michael Associates
Chartered Certfied Accountants
Chartered Certified Accountants
201 Borough High Street
London
SE1 1JA
Bankers
Barclays Bank PIC
1- 2 Trinity Way
Chingford
London
E4 8TD
Page 1

RESURRECTION LIFE CENTRE LTD
{A company limited by guarantee
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the Charitable Company for
the 1 April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a
direclors, report under company law. The Trustees confirm that the Annual report and financial statements of the
charitable company comply with the current statutory requirements, the requirements of the charitable company's
governing document and the provisions of the Statement of Recommended Practice {SORP) applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in tha UK and
Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Charitable Company qualif￿$ as small under section 382 of Ihe c￿panioS Act 2006, the Strategic
report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors,
Report) Regulations 2013 has been omitted.
The Charitable Company also trades under the names U8 Chadwell Heath Nursery & Preschool and RLC
Community Resource Centre.
Objectlves and activities
a. Pollcles and objectlves
Resurrection Life Centre, shall be for the benefit of the residents in the Boroughs of Havering, Barking &
Dagenham and Redbridge in particular f￿llieS with children and young people, by..
Advancing the education of the residents through the provision of training, Early Years Childcare facilities
and Community Children & Family Support Services;
The provision of seNices, advice, support and guidance on issues relaling to Parenting, Youth
Developmenl, Children and Adult Education.,
Encouraging the study of the needs of children and families in the local 8rea 8nd promoting publlc
interest in and recognition of these needs
The relief of hardship and poverty in the borough of Havering, Barking and Dagenham and Redbridge
and around the world and promotion of communily education and awareness of the plight of
the disadvantaged and less privileged of s(￿[elY.
Seeking to REEEID (recruit, equip, empower, envision, inspire and deploy) young people, men and
women within the local community to maximize their life potential for the public benefit of our communily,
the nation and humanity.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by thé Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a
charity {PB2)'.
b. Volunteers
In spite of the very difficult and unprecedented years gone by due to the COVID 19 global Pandemic, the
charitable company is grateful for the unstinting efforts of its volunteers who are involved in service provision,
and numerous charitable and fundraising initiatives. It is estimated that over 5,000 volunteer hours were provided
during the year. If this is conservatively valued at £10.00 an hour the volunteer effort amounts to over £50,000.
The charitable company has recently appointed a volunteer programs coordinator to ensure that best value is
dorived from the sterling efforts of our volunteers.
Page 2

RESURRECTION UFE CENTRE LTD
{A company Ilmlted by g uardntee)
TRUSTEES. REPORT {CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2024
Achlevements and performance
Review of activities
The charitable company serves as a resource centre for the provision of subsidised Community Children &
Family Support SeNices, Early Years Childcare & Education, Adult Education, Professional Training and Out of
School Services, Youth Development & Empowerment Projects and Parenting Courses and Support Services for
the benefit of the general public and the provision of meeting accommodation at a reasonable rate for the
general public in the boroughs of Havering, Barking and D8genham and Redbridge. In addition to that, il also
supports other local activities with like purpose of advancing the Christian faith across the world, In the year
under review. the charitable company engaged in various activities for the benefit of the general public.
Flnancial review
a. Reserves pollcy
The Board has agreed lo seek to maintain free reserves of at least three months, operating costs. Thls should
enable the organisation to meet any outstanding liabilities in the event of expected funding being lost or reduced.
The free reserve for the year is £0 (2023- £01.
The trustees recognise that the current level of free reserve does not reach the above target and are considering
ways in which additional funds will be raised.
b. Principal funding
The principal funding of the charity in the year under review comes from the unrelenting support of RCCG-ICC,
whose continued manpower and material inputs and financial generosity has aided the RLC to deliver on ils
charitable objectives. This combined with income generated from professional setvices rendered to both Ihe
general public and local authorities and volunlary donations are the principal source of funding of the RLC in
Ihe year under review.
We continue to appreciate the patronage and commitment of our local partners and service users on a range of
our services like the Earty Years Services, Out of School Clubs, Family Contact SeNices etc. We also
acknowledge and appreciate our local authority for continued patronage of our services for funded children.
Page 3

RESURRECTION UFE CENTRE LTD
IA company Itmited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management
a. Constitution
Resurrection Life Centre Ltd is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association.
The charitable company is constiluled under a Memorandum of Association dat8d 19 January 2009 and Is a
registered Gharity number 1fj37881
The principal object of the charitable company is to provide subsidised Community Children & Family Support
Services, Early Years Childcare & Education, Adult Education, Professional Training and Out of School S8rvic8s,
Youth Development & Empowerment Prciects and Parenting Courses and Support Services for the benefit of the
general public and the provision of meeting accommodation al a reasonable rate for the general public in the
boroughs of Havering, Barking and Dagenham and Redbridge.
b. Methods of appolntment or electlon of Trustees
The management of the charitable company is the responsibility of the Board of Trustees who are elected and
co-opted under the terms of the Memorandum of Assccialion.
c. Policles adopted for the Inductlon and tralning of Trustees
The induction process for any newly appointed member of the Board of Truslees comprises of an initial meeting
with the Chair and other Trustees, followed by a series of short meetings with the Executive Adminislralor on the
powers and responsibilities of the Trustees. A Trustees Induction Pack is provided to the Trustees, which
includes excerpts from the Charity Commission Guidelines such as Doc CC3 and CC11, i.e. the Essential
Trustee.. wh8t you need lo Know and the Trustees Expenses and Payment.
Page 4

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future perlods
The charitable company continues to review and revise ils development plan which it hopes lo fulfil by the year
2025. It projects that by 2025 it will:
1. Becoma a leading provider of grassroots community based seNices for children and families in the local
community.
2. Build closer working relationships with locaj resident groups, businesses, community groups and
local authority agencies.
3. Be involved in the initiation and development of people led seniices thal Creatively and practically meet
the need5 of the local comrllunity.
4. Create more jobs and increase educational and employment opportunities within the local community as
a means of tackling the issues of hardship and poverty.
5. Based on information gathered from our vast user group we aim to provide very accessible and affordable
local venues and services to a broad age and ability group within the Chadwell Heath and neighbouring
communities
6. Comillence in conjuiictioii with the RCCGICC, the A'ebuildiiig and i'evival of the old and disused Japan Road
Coniinunity Ceiiti'e iii 2025 and Inco￿oi.a[C it with the existinE cominunity IESOUI'ce ceiiti'e. The mei'gei.
will be iiiodern and vibi'ant coininui)ity resource centre as well as a youth developineiit and leadei'ship
centre to be called: The Dream Centre YDLC - St Cliads Park Youth Development & Indoor Activityl
Leadei'ship Centre. It will cater priinal'ily foi. the needs of cliildren and young people between the age5 of
8- 19, aiid up to 25 foi. those with special needs aiid disabillties, who live within the Borough and
sui'rouiiding Commuiiities..
Members, liability
The Members of the Charllable Company guarantee to contribute an amount not exceeding £1 to the assets of
the Charitable Company in the event ofwinding up.
Page 5

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Statement of Trustees, responsibilities
The Trustees (who are also the directors of the Charitable Company for Ihe purposes of company law) are
responsible for preparing the Tru5tees' report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial Stat￿entS for each financial year, Under company law,
the Truslees must not approve the financial statements unless they are satisfied that they give a true and falr
view of the slate of affairs of the Charilable Company and of ils incoming resources and application of resources,
including its income and expenditure, for that period. In preparing these financial statements, the Trustees are
required to=
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP (FRS 102).,
make judgments and accounting estimates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charitable Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charitable Company's transactions and disclose with reasonable accuracy at any time the financial position
of the Charitable Company and enable them to ensure that the financial statements comply with the Companies
Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by.
iiastor Adeseye Atunrase
Date.. 24 ia . 3094
Page 6

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent examiner's report to the Trustees of Resurrection Llfe Centre Ltd I'the Charltable
Company'l
I report to the charity Trustees on my examination of the accounts of the Charitable Company for the year ended
31 March 2024.
Responsibllitles and basis of report
As the Trustees of Ihe Charitable Company (and its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the reqlsirements of the Companies Act 2006
<'the 2006 Act,).
Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the
Charitable Companvs accounts ¢arTied out under section 145 of the Charities Act 2011 ('the 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under Section
145{5)(b) of the 2011 Act.
Page 7

RESURRECTION LIFE CENTRE LTD
(A company Ilmlted by guarantee)
INDEPENDENT EXAMINER'S REPORT {CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
Independent examlner's statement
Since th8 Charitable Companls gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of Association of Chartered Certified Accountanls , which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
exam ination giving me cause to believe..
accounting records were not kept in resp8Ct of the Charitable Company as required by section 386 of the
2006 Act; or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other Ihan
any requirement that the accounts give a 'true and fairf Mew which is not a matter considered as part of
an independenl examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lappli¢able lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland <FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed..
Dated. 3 t)
Mi¢h8el Oyewobi FCCA
Stephen Michael Associates
Chartered Certified Accountants
201 Borough High Street
London
SE1 IJA
Paga 8

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee}
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2024
Restrlcted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Tolal
funds
2023
Note
Income from:
Donations and legacies
Charitable activitl8S
2,168
609,889
2,168
609,889
6,020
501.085
Total Income
612,057
612,057
507, 105
Expenditure on:
Charitable activities
560,021
560,021
555, 761
Total expenditure
560,021
560,021
555, 761
Net movement in funds
52,036
52,036
(48, 656)
Reconciliatlon of funds:
Total funds brought foNard
Nel movement in funds
673
{43,177)
52,036
142,504)
52,036
6, 152
(48, 656)
Total funds carrled forward
673
8,859
9,532
(42, 504)
The Statemenl of financial 8clivilies includes all gains and losses recognised in the year.
The notes on pages 13 to 28 form part of these financial statements.
Page 9

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee
REGISTERED NUMBER: 6794767
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Flxed assets
Tangible assets
9,273
12,302
9,273
12,302
Current assets
Debtors
Cash al bank and in hand
75,072
32,853
58,697
14, 178
107,925
72,875
Creditors., amounts falling due within one
year
12
(105,8281
(123,518)
Net current assets I liabilites
2,097
(50, 643)
Total assets less current Ilabilities
11,370
(38,341)
Creditors: amounts falling due after more
than one year
Net assets Illabilites excluding p8nslon
asset
13
(1,838
(4, 163)
9,532
(42,504)
Total net assets
9,532
(42,504)
Charity funds
R8slricted funds
Unrestricted funds
15
15
673
673
(43, 177)
8,859
Total funds
9,532
(42,504)
Page 10

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
REGISTERED NUMBER: 6794767
BALANCE SHEET (CONTINUED
AS AT 31 MARCH 2024
The Charitable Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying wilh the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
Pastor Adeseye Atunrase
Date, gq.11, a024
The notes on pages 13 lo 28 form part of these financial statements.
Page11

RESURRECTION UFE CENTRE LTD
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activlties
Net cash used in operating activities
14,942
(8, 127)
Cash flows from investlng activitles
Purchase of tangible fixed assels
2,910
N81 cash provlded by Investlng activities
2,910
Cash flows from financlng activltles
Cash inflows from new borrowing
Repayments of borrowing
6,058
{2,325)
(8,510)
Net cash provlded byl{used In) finan¢Sng actlv5tles
3,733
{8,5101
Change in cash and cash equlvalents In the year
Cash and Gash equivalents at the beginning of the year
18,675
14,178
(13,727)
27,905
Cash and cash equlvalents at the end of the year
32,853
14,178
The notes on pages 13 to 28 fonn part of these financial statements
Page 12

RESURRECTION LIFE CENTRE LTD
(A company limlled by guaranteel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General infomiation
Resurreclion Life Centre Ltd is a private company limited by gurantee, incorporated in England on 19
January 2009.
The address of its registered office is:
Rear of 31-33 High Road
Chadwell Heath
Romford
Essex
RM6 6QJ
Accountlng policies
2.1 Basis of preparation of financlal statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable to charities
preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) {effeclive 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Resurrection Life Centr8 Ltd meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated In the
relevant accounting policy.
2.2 Income
All income is recognised once the Charitable Company has entitlemenl to the income. it is probable
that the income will be received and Ihe amount of income receivable can be measured reliably.
2.3 Expendlture
Expenditura is recognised once there is a legal or constructive obligation to Iransfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlemenl and
the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs
of each activity are made up of the total of direct costs and shared costs, induding support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking Ihe activilies which further the
Charitable Companls objectives, as vlell as any associated support costs.
All expenditure is inclustve of irrecoverable VAT.
Page13

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Ac¢ounting policies (continued)
2.4 Tangible flxed assets and depreciatÉon
Tangible fixed assets costing £250 or more are capitalised and recognised when future economic
benefits are probable and the cosl or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cosl model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of langible fixed assets less their residual value
over their estimated useful live5,
Depreciation is provided on the following bases..
Nursery equipment
Motor vehicles
Office equipment
150h straight line basis
250h reducing balance basis
15% straight line basis
2.5 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered,
Prepayments are valued al the amount prepaid net of any trade discounts due.
2,6 Cash at bank and In hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefil will be required in seltlemenl, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount thal the Charitable Company anticipates it will pay to settle
the debt or the amount it has received as advanced pawnents for the goods or services it must
provide.
Provisions are rneasured at the best estimate of the amounts required to settle Ihe obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific lo the liabilily. The
unwnding of the discounl is recognised in the Statement of financial activities as a finance cost.
2.8 Financial instruments
The Charitable Company onEy has financial assets and financial liabilities of a kind that qualify as
basic financial instruments. Basic financial instruments are Initial￿ recognised at Iransaction value
and subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
Page 14

RESURRECTION LIFE CENTRE LTD
(A company Ilmited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continuedl
2.9 Finance leases and hire purchase
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed
8ssets. Assets acquired by fi'nance lease are depreciated ov&r the shorter of the lease term and their
useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases
are those where substantially all of the benefits and risks of ownership are assumed by the
Charitable Company. Obligations under such agreements are included in creditors, net of the finance
charge allocated lo future periods. The finance element of the rental payment is charged to the
Statement of financial activities so as to produce a constant periodic rate of charge on th8 net
obligation outstanding in each period.
2.10 Operating leases
Rentals paid under operating leases are charged to the Statement of financial activities on a straight-
line basis over the lease term.
2.11 Pensions
The Charitable Company operates a defined contribution pension scheme and the pension charge
represents the amounts payable by Ihe Charitable Company to the fund in respect of the year,
2.12 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charitable Company and which have not been
designated for other purposes.
Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charitable Company for particular purposes. The costs of
raising and administering such funds are charged against the specific fund. The aim and use of each
restricted fund is set out in the notes to the financial statements.
Page 15

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Unrestrlcted
funds
2024
Total
funds
2024
Donations
2,168
2,168
Unr8Stricled
funds
2023
Total
funds
2023
Donations
6, 020
6,020
Income from charitable activitles
UnrestrScted
funds
2024
Total
funds
2024
Income from charitable activities - Children education services
609,889
609,889
Unrestrict8d
funds
2023
Tot81
funds
2023
Income from charitable acttvities - Children education servI￿S
501,085
501,085
Page 16

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2024
Total
2024
Children education seNices
560,021
560,021
Unrestricted
fuijds
2023
Total
2023
Children education seNices
555, 761
555, 761
Analysis of expendlture by activities
Activitles
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Children education services
496,601
63,420
560,021
Aclivilies
undertaken
directly
2023
Support
costs
2023
Tolal
funds
2023
Children education seNices
498,631
57, 130
555, 761
Page 17

RESURRECTION LIFE CENTRE LTD
(A company Ilmited by guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of expenditure by activlties (continued)
Analysis of dlrect costs
Children
education
services
2024
Total
funds
2024
Staff costs
Nursery and pre-school expenses
Premises costs
Communication costs
Professional fees
411,907
38,261
35,411
8,171
2,851
411,907
38,261
35,411
8,171
2,851
496,601
496,601
Child￿n
educ8tion
seNic8S
2023
Tolal
funcls
2023
St8ff costs
Nursery and pre-school expenses
Premises costs
Comm unication costs
Professional fees
398, 135
32,963
50,804
11,318
5,411
398, 135
32, 963
50, 804
11,318
5,411
498,631
498,631
Page 18

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expendlture by activities (continued)
Analysls of support costs
Children
educatlon
servlces
2024
Total
funds
2024
Staff costs
Depreciation
Vehicle expens6S
Rent
Communication costs
Computer software and Se￿iCe8
Office expenses
Bank service charge
Repairs and maintenance
Independent Examiners, fee
Dues & Subscription
Govemance costs
31,003
3,029
11,332
3,760
890
4,545
554
2,281
81
1,243
1,402
3,300
31,003
3,029
1,332
3,760
890
4,545
554
2,281
81
1,243
1,402
3,300
63,420
63,420
Page 19

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities {contlnued
Analysis of support costs (continued)
Children
educalion
services
2023
Total
funds
2023
staff costs
Depreciation
Vehicle expenses
Rent
31,463
2,036
6,476
5, 645
2, 489
929
148
1,917
202
34
718
1,773
3,300
31,463
2, 036
6,476
5,645
2,489
929
148
1,917
202
34
718
1, 773
3,300
Computer software and seNices
Office expenses
Travel and accommodation
Bank service charge
Repairs and maintenance
Printing postage and stationery
Donation
Dues & Subscription
Governance costs
57, 130
57, 130
Independent examlner's remuneratlon
2024
2023
Fees payable to the Charitable COmpan￿S independent examinerfor the
independent examination and preparation of the Charitable Company's
annual accounts
3,300
3,300
Page 20

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
409,858
26,161
6,891
400,616
23,501
5,481
442,910
429,598
The average number of persons employed by the Charitable Company during the year was as follows..
2024
No.
2023
No.
Management
Staff
44
44
47
47
No employee received remuneration amounting to more than £60,000 in either year.
Trustees, remuneration and expenses
During the year, one or more Trustees has been paid remuneralion or has received other benefits from
8n employment with the charity in accordance with the charity goveming document. The value of
Trustees, remuneration and other benefits was as follows:
2024
2023
Pastor Chuka Nwafor
Remunerafion
34,391
880
23,050
504
Pension contributions paid
During the year ended 31 March 2024. no Truslee expenses have been incurred (2023 - £NIL).
Page 21

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10. Tangible fixed assets
Plant and
machinery
Motor
vehicles
Offjce
equipment
Total
Cost or valuation
At 1 April 2023
13,931
22,155
9,748
45,834
At 31 March 2024
13,931
22,155
9,748
45,834
Depreclation
At 1 April 2023
Charge for the year
10,029
852
14,131
2,006
9,372
171
33,532
3,029
At 31 March 2024
10,881
16,137
9,543
36,561
Net book value
At 31 March 2024
3,050
6,018
205
9,273
At 31 March 2023
3,902
8.024
376
12,302
The net book value of motor vehicles held under finance leases or hire purchase contracts as at 31
March 2024 was £5,71112023 - £7,614)
l l. Debtors
2024
2023
Due within one year
Trade debtors
Other debtors
51,863
23,209
34,464
24, 233
75,072
58,697
Page 22

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12. Credllors.. Amounts falling due within one year
2024
2023
Trade creditor8
other taxation and social security
Obligations under finance ￿ase and hire purchase contracts
Pension fund loan payable
Olher creditors
Accruals and deferred income
2,2SO
4,905
5,260
1.361
88,752
3,300
579
8, 653
5, 260
t,082
78,378
29,566
105,828
123,518
13,
CredStors: Amounts falling due after more than one year
2024
2023
Net obligations under finance lease and hire purchase conlracls
1,838
4. 163
14. Flnanclal Instrumenls
2024
2023
Financial assets
Financial assets measured at fair valu8 through income and expendilure
32,853
14,t78
Financial assets measured at fair value through income and expenditure comprise cash at bank and in
hand.
Page 23

RESURRECTION LIFE CENTRE LTD
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEfvIENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Statement of funds
Statement of funds- current year
Balance at
31 March
2024
Balance at 1
April 2023
Income Expenditure
Unrestricted funds
General Funds
(43,177)
612,OS7
(560,021)
8,859
Restrlcted funds
Remember
673
673
Total of funds
142,504)
612,057
<560,021)
9,532
Remember fund is donation received to provide support to prisoners with medical and healthcare need in
Nig8ria.
Page 24

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Statement of funds (continued)
statement of funds- prior year
Balance al
31 March
2023
Balance 81
l Apnl 2022
Income Expenditure
Unrestricted funds
General Funds - all funds
5,479
7, 105
(555, 761J
(43, 177J
Restrlcted funds
Remember
673
673
Total of funds
6,152
507, 105
(555, 761)
(42, 504)
16. Summary of funds
Summary of funds - currenl year
Balance at
31 March
2024
Balance at 1
April 2023
Income Expendlture
General funds
Reslricted funds
(43,177)
673
61 2,057
{560,021)
8.859
673
(42,504)
612,057
(560,021)
9,532
Summary of funds - prioryear
Ba18nce al
31 March
2023
Balance al
l Apnl 2022
Income Expenditure
General funds
Restricted funds
5,479
673
507, 105
(555, 761)
(43, 177)
673
6, 152
507, 105
(555, 761)
(42,504)
Page 25

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
17. Analysis of net assets between funds
Analysis of net assets between funds - current perlod
Restricted Unrestrl¢ted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due within one year
Cr8ditors due in more than one year
9,273
9,273
107,252
107,925
(105,828) <105,828)
{1,8381
{1,838)
873
Total
673
8,859
9,532
Analysls of net assets between funds - prior period
Ras117cled Unrestricled
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
12,302
12,302
72, 202
72,875
(123,518) (123,518)
(4, 163)
(4, 163)
673
Total
673
(43, 177)
(42,504)
Page 26

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
18. Reconciliation of net movement In funds to net cash flow from operating activities
2024
2023
Net incomelexpenditure for the period (as per Stalement of Financial
Activities)
52,036
(48,656)
Adjustments for:
Depreciation charges
I ncrease in debtors
I ncreasel{decrease) in creditors
(3,0291
116,3751
(17.690>
3, 703
{9, 675)
46,501
Net cash provided byl{used in) operatlng actlvltles
14,942
(8, 127)
19. Analysls of cash and cash equivalenis
2024
2023
Cash in hand
32,853
14,178
Total cash and cash equivalents
32,853
14,178
20. Analysls of changes In net debt
At 1 Aprll
2023 Cash flows
At 31 March
2024
Cash al bank and in hand
Debt due within 1 year
Finance leases
14,178
(1,082)
(9,4231
18,675
1279)
2,325
32,853
(1,361)
(7,0981
3,673
20,721
24,394
Page 27

RESURRECTION LIFE CENTRE LTD
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Pension commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the company in an independently administered fund. The pension cost charge
represents contributions payable by the company to the fund and amounted to £6,891 (2023 - £5,481)
were payable to the fund al the balance sheet date and are included in creditors. Conlribution tolalling
£1,083 (2023 - £1,083) were payable to the fund at the balance sheet date and are included in creditors.
22. Related party Iransactlons
2024
2023
Amount owed to RCCG International Christian Centre - in Other creditors
(Note 12)
Rent payable to RCCG International Christian Centre
73,684
30,000
62, 534
47,000
RCCG International Chrislian Centre Lld (ICC) is a company with a common Chief Executive.
Page 28