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|Reference and administrative
details ofthe charity|Reference and administrative
details ofthe charity||
|---|---|---|
|Trustees
report||4-7|
|Independent
examiner's
report|||
|Statement
of financial|activities||
|Balance sheet||10|
|Notes to the financial|statements|11-14|
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|---|---|---|---|---|---|---|---|
|Trustees|||Mr. Oluwole|Oyenekan||||
||||Mrs. Olusola||Oluwatipin|||
||||Mr. Sehinde|Orola||||
|Charity|registration|||||||
|number|||1138107|||||
|Principal|Office||19Aperdele|Road||||
||||Leatherh cad|||||
||||KT22 7QT|||||
|Parish Pastor|||Pastor Louis||Oikeh|||
|Independent||Examiner|Akintayo
Ojo FCCA|||||
||||Resource Management|||Consultants|Ltd|
||||46 Hollywood||Way|||
||||Erith|||||
||||DA8 2QE|||||
|Bankers|||Barclays Bank Plc|||||
||||Surbiton|||||
||||Surrey|||||
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|||||||Unrestricted|Restricted|Total||Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds||Funds|
|||||||2022|2022|||2021|
||||||Notes||E||||
|INCOMING
RESOURCES|||||||||||
|Donations,
legacies S.similar|incoming|||resources|2|14,887||14,887||12,549|
|Activities
in furtherance
of charity's|||object||3|5||5||4,672|
|Investment
Income|||||4|30||30||12|
|Gift aid|||||5|11,659||11,659|||
|Total incoming
resources||||||26,580||26,580||17,232|
|RESOURCES EXPENDED|||||||||||
|Charitable
expenditure|||||||||||
|Grants
payable
—individual||||||272||272||620|
|Grants
payable
- institutional||||||2,596||2,596||1,649|
|Costs of activities
in furtherance|||of||||||||
|charities objects||||||21,100||21,100||17,189|
|Management
and governance||costs||||1,875||1,875||885|
|Total resources expended||||||25,842||25,842||20,342|
|Net (outgoing)/incoming|resources|||for year||738||738|—|3,110|
|Total funds at the start of the||year||||117,193|1,862|119,055||122,165|
|BALANCE AT END OF YEAR||||||117,931|1,862|119,793||119,055|
|Movement
in funds|||||||||||
|Designated
—building||||||63,063||63,063||63,063|
|Restricted
—building|||||||1,862|1,862||1,862|
|General
—unrestricted||||||54,130||54,130||54,130|
|Total funds at the end of|the|year||||117,193|1,862|119,055||119,055|
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|FIXED ASSETS||||||
|---|---|---|---|---|---|
|Tangible
Fixed assets|||10|||
|CURRENT ASSETS||||||
|Debtors||||10,225||
|Cash and bank balances||||108,868|119,755|
|||||119,093|119,755|
|LIABILITIES||||||
|Creditors S.Accruals||||||
|Accrued accountancy|fees||||700|
|(amount
falling
due within||one year)||||
|||||650|700|
|NET ASSETS||||119,793|119,055|
|CHARITY FUNDS||||||
|Designated
—building||||63,063|63,063|
|Rest l Ictecl
—bu IIcl 1ng||||1,862|1,862|
|General
—unrestricted||||54,130|54,130|
|TOTAL FUNDS||||119,055|119,055|
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|||||||unrestricted|unrestricted|Restricted|Total|Total|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds||Funds|Funds||Funds||
||||||||2022|2022||2022||2022,|
|6. Grants payable
—individual||||||f|||f||||
|Individual
welfare|||||||272|||272|620||
|7. Grants payable
—institutional||||||f|||f||f||
|Charitable
giving
-UK||||||2,596|||2,596||1,649||
|Charitable
giving -overseas|||||||||||||
|Total||||||2,596|||2,596||1,649||
|List of institutional|grants|payable||||f|||f||||
|RCCG WEM||World evangelism|||||920|||920||166|
|RCCG Centra
I Office||Central||Office|Suppc||55Q|||550||60Q|
|Festival of Life||Mission||Support|||235|||235||300|
|Evangelical
Alliance||Mission||Support|||90|||90||90|
|Other Charities||Charity||donations|||801|||801|493||
|Total grant payable|—institutional|||||2,596|||2,596||1,649||
|8. COST OF ACTIVITIES|IN FURTHERANCE||OF CHARITY'S|||OBjECTS|||||||
|Guest ministers
expenses|||||||928|||928||150|
|Hall hire, rent 5 rates||||||1,425|||1,425||2,510||
|Books and teaching|materials||||||270|||270||50|
|Missions
and evangelism||||||1,715|||1,715||1,409||
|Welfare
&.hospitality|||||||972|||972||835|
|Printing,
postage, stationery||&.telephone|||||30|||3Q||347|
|Insurance|||||||142|||142||122|
|Community
projects|||||||445|||445||300|
|Worship cost &.church occasion||||||3,150|||3,150||1,478||
|IT Consumables|||||||39|||39||311|
|Music|||||||296|||296||145|
|Admin
expenses|||||||927|||927||509|
|Depreciation|||||||450|||450|||
|Conference costs|||||||681|||681|||
|Travel 5subsistence|||||||625|||625|||
|Staff cost||||||9,005|||9,005||9,022||
|||||||21,100|||21,100||17,189||
|9. MANAGEMENT
AND|GOVERNANCE||COSTS||||||||||
|Professional
fees||||||1,225|||1,225|||185|
|Examiner's
fees
—accountancy|||||||650|||650||700|
|||||||1,875|||1,875|||885|
||||||Page|12|||||||
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|10. TANGIBLE FIXED|ASSE|TS|TS|||||
|---|---|---|---|---|---|---|---|
|||Musical||Church|Office|Total|Total|
|||equipments||equipments|equiprn'ents|31-Dec|31-Dec|
|||||||2022|2021|
|Cost|||f||E|E|E|
|At 1 january
2022|||5,773||259|8,89Q|8,89Q|
|Additions|||1,800|||1,800||
|At 31 December 2022|||7,573|2,858|259|10,690|8,890|
|Depreciation||||||||
|At 1 january
2022|||5,773|2,858||8,890|8,890|
|Charge for the year|||450|||450||
|At 31 December 2022|||6,223|||9,340|8,890|
|Net book value||||||||
|At 31 December 2022|||1,350|||1,350||
|11. CASH BALANCES||||||Year ended|Year ended|
|||||||31-Dec|31-Dec|
|||||||2022|2021|
|||||||E||
|Cash at Bank||||||108,868|119,755|
|||||||108,868|119,755|
|12. DEBTORS||||||Year ended|Year ended|
|||||||31-Dec|31-Dec|
|||||||2022|2021|
|Other Debtors||||||10,225||
|||||||10,225||
|13. CREDITORS||||||Year ended|Year ended|
|||||||31-Dec|31-Dec|
|||||||2Q22|2021|
|Accrual
and deferred|income: accountancy||fees|||650|700|
|I'amount
falling due within||one year)||||||
|||||||650|700|
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|---|---|---|
|15. STAFF COST AND NUMBERS|Year ended|Year ended|
|Staff costs were as follows|31-Dec|31-Dec|
||2022|2021|
|Wages and salaries|9,000|9,000|
|Social security costs|5|22|
||9,005|9,022|
||||||Year ended|Year ended|
|---|---|---|---|---|---|---|
|The average|number|of employee|during|the year was as follows|31-Dec|31-Dec|
||||||2022|2021|
||||||No.|No.|
|Pastoral|||||||
|Charity administration|||||||
|Total|||||||
##
|16. NET INC|OMING
RE|SOURCES/(RES|OURCES
EXPENDED)|||
|---|---|---|---|---|---|
|||||Year ended|Year ended|
|This is stated|after charging|||31-Dec|31-Dec|
|||||2022|2021|
|Depreciation|of tangible|assets owned|by the charity|||
|Independent|Examiner's|fees||650|700|