REDEEMED CHRISTIAN CHURCH OF GOD-
[RCCG] VICTORY CENTRE
Charity REG.No:1140310
TRUSTEES. REPORT AND ACCOUNTS FOR
THE YEAR ENDED 31ST DECEMBER 2020
MOSES-BOLE&CO
CERTIFIED PROFESSIONAL ACCOUNTANTSI TAX ADVISERS
& BUSINESS CHARTERED MANAGEMENT CONSULTANTS
Unlt 4L, Leroy House Business Centre
436 Essox Road
1811ngton London
N13QP
Tel: 0207 812 9333
Fax.. 0207 812 9444

THE REDEEMED CHRISTIAN CHURCH OF GOD
[RCCG] VICTORY CENTRE
CONTENT
Pa
Trustees and Advisers
Trustees. Report
24
Independent Examlner"s Report to the Tn￿tee$
44
Statement of Flnanclal Actlvltles
Balanco sheet
Notes fonnlng part of th• Flnanclal Ststsmont
7t021

REDEEMED CHRISTIAN CHURCH OF GOD-
RCCG] VICTORY CENTRE
LEGAL AND ADMINISTATIVE INFORMATION
Genaral overseer:
E.A. ADEBOYE
Trustees:
Mr Tony Gunn
Mr Emmanuel Ehlbatlomhan
Ms Winnle Magambo4asana
Mr Shola Akinrolabu
Registered Office
238 Bukwell Meadow
WITNEY
OXFORDSHIRE
OX28 5JJ
Minist8r In Charge:
Pastor Emmanuel Oyedoh
Charity No
1140310
Bankers
Barclays Bank Witney
30 Market Square Witney
OX28 6BJ
Accountants
MOSES-BOLE&CO
Unit 4L Leroy House Business Centre
436 Essex Road
London N13QP

TRUSTEES YEAR END REPORT 2020
REDEEMED CHRISTIAN CHURCH OF GOD- VICTORY CENTRE PARISH OXFORD
Victory Centre, Oxford, is a famity church and orEn to all members of the ￿mrnunty.
Misslon Statement
The Mission of Victory Centre. Oxford, is to reach out to the Communty to Share and
demonstrate God's love for all humanity.
Charlty Status
Victory Centre, Oxford is a charity organisation constttuted under a Trust Deed dated 14.
D8￿mber 2006 Charity number. 1140310 and is on the central register of the Charity
Commission of England and Wales.
Objecllve
The principal objective of this Charrty 1$ to advance the Christian faith worldwide and to
rea¢h out to the poor and needy.
Acllvitios over the year 2020
The year 2020 was like no other in the Church's history y￿th the emergence of a global
pandemic. It was a Challenging time for most people, including parishioners, yel the Charity
found new innovative ways of discharging rts objectives. services and hosting events.
Through its teams of volunteers, the Charrty organised activrties, events. and
meetings to promot8 its objectives.
Weekly activrties were conducted virtually using tool8 like Zoom meeting8 due to the
national lockdown.
The Charity organised additional worship activities to engage its members and to
keep hope alive through the lockdown.
Weekly Sunday Moming worship has been trekl throughout the year. The Church
membership, on average, has been between lo￿150 members with a hrgh
per￿ntage of youth and children.
Weekly Sunday Children's Church has been held throughout the year in the
evenings, with growing numbers of children attending.
Weekly midweek bible study and prayer meetings have b8en held throughout the
year, with an average attendance of 25 peopl8.
Other annual activities such as the men and ladies, ￿treat were also held
successfully, albert virtually.
The Chanty set up a food bank during the initial UK national lockdown to reach out to
those in need within its localty. The Charity was able to reach out and support lo¢al
people that required the service.
The Chanly reached out to its kx4nshioners, who needed financial help. induding
monthly stipend and rent payment on special occasions.
The Charity reached OLrt to the Community Emergency Foodbank (CEF) and,
following an initial donation of food items. continues to support the Oxford Food Bank
Charity bi-monthly.
The Charity donated Blankets to the homeless as part of the Christmas gift box
inrtiative to the communty.
Other Out￿aCh activities in the communty included..
Pastoral outreach to the sick in hosthi
Pastoral outreach to those in need wtthin the church communty
Pastoral outreach to married couples

Th* Cha*ity toniirtues Mt¥hYtwaysèffv*tr•l*¥rtsr￿rtabl1
•ctivst*sthAI fflfft r••d501 r￿* th tht COW*ThJAiry. ¥tw4iespru4hl* a Polit￿eth
tel&eVs
G0￿MoThE•
¢wsèe lh* Chwty TM Truth•Smw W *th fv POW v4J IP•
LMd•f•Np SINK¢w•
of th• Chwth
swryr•mrn•s
¢*$ Mihtstry
& WorthlpTt•
sp¢tthfy T••m
Te4m
Teachtrs T•arn
Charl
Tru•tfjM.'
Tony Gu

MOSES-BOLE & CO
artragement Consu￿ants
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE REDEEMED CHRISTIAN CHURCH OF GOD- vicfoRY CENTRE
I report on the accounts ofthe charity fortheyearended 31 December2020. which are set out
below and notes to the financial statements on pages 7 to 21
Respectlve responsibilities of Trustees and Examlners
As the Charity's Trustees. you are responsible for the preparation of the accounts; you
consider that an audlt is not required for thls year (under settion 144{2} of the Charity Act
2011lthe 2011 act) and that an independent examination is needed. It is my responsibility to
Examlne the account (under settion 145 of the Act),.
follow the procedures lald down in the General Directions glven by the Charity;
Commission (under sertion 145ISI Ib} of the 2011 Act and
State whether partlcular matters have come to my attention.
Basls of Independent Examlnerfs report
My examination was carried out in accordance with the 8eneral direttions 8iven by the
Charity Commisslon. An examination Include5 review of the accounting record5 kept by the
Charity and a comparison of the accounts presented with those records.
It also includes consideratlon of any unusual items or dlsclosures in the accounts. and
seekln8 explanations from you as the Trustees concernln8 any such matters.
The procedures undertaken do not provide all the evidence that would be required in an
audlt and consequently no oplnlon is 8iven as to whether the accounts present a "true and
falr vleW' and the report Is limlted to those matters set out in the statement below.
Independent Examlnerfs Statement5
In connection with the examination, no matter has come to my attention:.
11 Which 8ive me reasonable cause to believe that in any material respect the
requirements
To keep accounting records in accordance with settion 130 of the 2011 Act;
To prepare accounts which accord with the accountin8 records and to
comply with the accountin8 requirements of the 2011 Act have not been
met or
21 To which, in my opinion. attention shoul
understanding of the accounts to be reached
rawn in order to enable a proper
Moses O E Igunnubole. BA (HO
MOSES-BOLE&CO
CPF4 FIPA Ff4 FIC..
Chartered Certified ForensicAccountunts
Certified ProfessionolAccountants/foxAdvise
And 8usine55 Cht7rtered Management Consultonts
DA TE..
.￿2021.•

REDEEMEO CHRISTIAN CHURCH OF G0D￿ccG1.VfCTORYcEKrRE STATEMENT
OF FINANCIAL ACTrimES FOR THE YEAR ENDED 31ST DECEMBER 2020
Restricted
Nots Unrestr￿t￿ incC￿e EndcAwnt Tclal
FuFth Fund8
FU￿13
Prior
Funds
R•comm•nd•d Cat•gorI￿ by *cllvlty
Incomlng resourc
Income and endOwn￿nts from:
Donations and legacies
Total
R•¥our¢•• •xp•nd•d
Exp•ndltur• oni
Direct Cost
Support Cost
Governance Co81
e6,1%9 18
eé,c69.18
e6,C69.18
66.069.18
57.975
57,975
16,853 CO
32.364.92
2.240.00
16.853.00
32,364.92
2,240.00
17,464
37.976
2,240
T•tal
51457.92
61.457.92
Other gainslllossesl
N•t mOV•n￿￿t In fund•
14,611.26
14611.28
R•oonclll•tlon •f fi•nd&"
Total fund¥ brought for￿rd
Total funds carrf•d foThvard
21.147.34
21.147.34
20,852
35,758.60
35.758.60
21,147

LAf•cE SIIEET AI AY JI*T LE¢WE112th
Fwth Fw
l1•J ly
33.2S7 LII
3,1•1.17
33 257 Ca
11
20,311
1.557.frfl
1.$57JO
4.510
ZO.4
X758t
21.147
F¥nd• •1 th• Clway
35.738
>5.7￿
21.147
21,147
2111. (Z•U

REDEEMED CHRISTIAN CHURCH OF GODtRCCG]-VICTORY CENTRE
NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020
Not• l Bas1• ol pr•parntioD
1.1 B*$ls ol aecouTrtlng
The$e ac¢ounls 17ave been prepar￿ under the historicai cost CAJnvention ￿￿th items rwnised
at c￿1 or transaction value unless otherwise slat&l in the r*vant notelsl to these &counts.
The accounts have teen prepared in accordance th8 Financial Reporting Standard applicable
in the UK and Republic of Inland {FRS102) rssued on 16 Juty 2014 and with the Chantr"es Act 2011
and tho Charty con$lrtut8s a publi¢ benefft 8$ defi￿d by FRS102.
1.2 Oolng cone•rn
Consklerlng the ste•dlgv•l ollncomthg resourns andmwnbernhlp numberthe Charftyls
a golng concern wlth no anyknown unIoreM￿ clrcumstanc•
1.3 Ch•ng• Ol •ccountlng pollcy
The accounts present a true and fair and the accwntiryd Wicie8 adopt•J are those outlined in
the note with no changè in polKy
1.4 Chang•J to •cco4ntlng ￿tIM•t•*
No changes lo aCc￿ntIng e8ts.matu have ¢XCUfred in the rep￿ing per￿ (3.46 FRS 102 SORP}.
1.6 Mat•rf*l prl•r y•ar •rrorn
No material prior year •rror have boen hjerrtified in the re￿Ing pwA)d13.47 FRS 102 SORPI.

REDEEMED CHRISTIAN CHURCH OF GoD￿CcGj-v1cToRy CENTRE NOTES TO
THE ACCOUNTS
CONTINUED
FOR THE YEAR ENDED 31ST DECEMBER 2020
A¢countlng Wkl••
Nole 2
2.1 RECOMCILIATION WITh PREVIOUS GENERALLY ACCEPTED
AccouKfiNG PRACTICE
Ther• 13 no ch8rwe in aCc￿￿ting w.cy in thiB Wk>J
2.2 INCOME
This standard list ofKcouth"ro pol￿188 t•en aKWi8d by th8 thanty except for thosa D'￿(￿1 No or
'Nla" Whgre 8 diffw•nl or addth.onal wliey has been adopba than thjs is det￿￿j in the box btrlow.
R•coynlllon Incom•
arè included in tha Statsrnent ol Finar¥)al A¢b'vrb88 ISOFAI *l*n.'
Ihe charity becomes ant￿Y to the r•souK*8.
. (( is morn likoly than rK)t that th* trusteos will re¢*fve lh8 rty￿￿,. aThl
. the rn0￿ry value can with $ufkwt ￿￿brfrty.
oit••ttlng
T￿re hos ba￿ no off9etUTrJ of 88sets and h"oth•5. (* arn1 eyporo88.
Gr•nl• *nd donatlon•
Grants •nd donatyons are onfy it7¢1utyJ in ￿ SOFA w&hen th8 inc*>no rncc•Jnition ar•
m•t15. 10 to 5 12 FRS 102 SORPI
In Ihe c8se ofperfonnance r•lat8d gr•nts, irwm rn￿t onty bo r¢wJn18•a to tl* ext•nt that th•
charity ha8 FYovid8d the w8cifJ&J gwJ$ or ￿￿•3 8$ to Iho grnnt onty th
rfom)anc* r81gted eondthns are met15 16 FRS 102 SORPI.
L•gacl••
Thero 1$ no L*q8cy r•c*ived dudno ￿¢d.
Oov•rnm•nt grnnts
No g￿rnM￿nt gMnt was thls pBrk<l.
Y*x r•¢l*lm• •n don•lloM glft•
Gift rec8ivabl¢ is Induded in in¢>Th tlw• i¥ a ¥￿Kj d•daratr)n from the tS)nor. Any Gilt
AKI amount recove￿1 on a donats.on is ¢i)nSide￿I to b¥ part ofth•t grft aThJ ￿ tr*ated as an a¢SJitK)n
to the samtr fund as the initial donation unless tr)8 dow or tarms ofts apkwl ha¥e sp&ifi
otherwkle.
Contra¢tu•l In¢•)m• and p•rf•rnw¢• ￿•t•d svant•
Thi8 18 not applica￿8
Don•t•d good•
Ther& is no don*d go&a.
Don*ted s•rvices and fa¢llltl•*
Don8terJ Services and f9rAIrt￿8 aTe indulad in thg SOFA at ￿ Val￿ ofthe gift kn tr
charity prO￿ded the Val￿ of tr￿ grft can be mgasur•J rdiaNy.
Donatsd serviw an¢J faralth that are consunkd hnmed• are rÈwiW as kn¢x¥ne wth an
uivalent 8mount r8cognised 48 an exFeMe under lh8 aFvrrwate lwdirg in the SOFA
Support costs
The chanty has inotrr8d eyndrture on SUFPM costs.
Volunt••r h•lp
Th8 value ofany voluntsry Iplp recaw is not indtkJ8d in ￿ aCt￿lurts but i¥ in the
trustaes, annuel report.
10

Incom• from Int•r••t• royaltlm and dMd•nds
Not aptAicable durirvJ this wk)d.
nthes and offeriffj receNed frorn the wnters arn in th8 nabxe ofa gfft rwJni¥ed as Donationg.
and Legacies
8•ttl•m•nt Inwrart• clalm•
Irfféur8n￿ daims &r8 onty indut*d in th8 SOFA tho gen8rn1 inc£¥n8 Io¢c¥nfb￿ urteria are
mèl {5.10 to 5.12 FR$ 102 SORP) 8rvJ ar& indthged as an tsm ofotsr in thè SOFA.
InV￿tm•Th* 9•lnB and
This Incli￿9$ any reall8ed or unreal￿d galns or k)5ses on thè 6th of inv88knnts any gain or
1088 rosultiffj from rev8luiThJ investments to mark•t Val￿ atthè eTrJ oftha yoar.
2.3 EXPENDITURE AND LIABILITIES
Ll•bOllty r•¢ognltlon
Liabilit￿9 ar& recoJnis&¥ it i• mor• likdy than nottr￿t ttwr¥ is a knjal or construth obligatr.on
¢ornmitting the chanty lo pay out rosources and thtr wmnt of th& cknlty3ation fAn be mtras(rrnd VAih
rgasonable c•rtainty.
Support costs have been allocated be￿On govern￿ costs aTra thr suppcfft. Govomanc• Costs
¢ompriJe all cos¢8 invthing public acLxwnWility ol the thanty and ts ¢))mpJkqn* regulabon and
good praebce.
Support co$ts inc4ud8 c•ntral fiJn¢tic¥w ¥nd ha￿ twi all￿4￿j to Ar￿v￿ L¥tOg￿leS on a basis
con¥istonl b%Yth th8 LBe of resourcu, •J 8lloca.ng pr¢pety ¢))sts by fv)or area8, or per ¢aprt8, 8taff
¢tsBts by th& lime ￿nI and othar costs by Il*ir
Grant• wlth p•rf•)nnan¢• eondltl•)n•
Th8 Charity Is not awar(lirvJ grant to any orgarri88tron
Orant• payabl• wIth￿t p•rtomwK• ￿ndItIOnS
Where there are no condition$ att8thing to IJ* grant that enabfes the ¢Jonor charity to reall￿1c￿l￿
Avoid the eommibnent, a liabilty for t￿ full ftjnding oblvjalth Ml￿ be recc#3nised
R•dund•n¢y co•t
The Chanty made no redundarw p8yTh￿ts durirvJ reporlfro Fth¢XI.
No mat•ri*l it•m ol dof•rr•d in¢>Jrne h• b•8n IrKasJJ8d In
Cr•dltor#
Th8 charty hag c¥8ditors vknKh are m￿u￿1 at 5otUen￿t ￿lUnts less ony tr>do disc￿nts
Pr•vlslonB for Il•bllltl•s
A Il&bility is measur￿1 on rec4)gndTon at ts historical aThJ Ihen mèasurnd at the
best 68tr"m8te of the arnounl required to s8tt1& ts rt14ation at Wtin9 dat¢
Ba•le fl￿￿￿1￿1 Instnmm
The charity accounts lor basic finaRdal on initi.al rects)n￿ as rer paragrnph 10.7 FRS
102 SORP. Subsequent nEasUre￿nt 1$ a9 W P8ragr* 11.17 to 11.19, FRS 102 SORP.

2.4 ASSETS
T*n9lbl• flx•d as8•ts for by ¢h*rlty
Th88e are cap￿lS￿d ifthay (an te for rn0￿ than one Jw. aryj c4JSt at knt
They a￿ valued at ecèL
The depra¢iats"on rates us•d are d￿dl￿d in ncrte 14.
Int*nolbl• fix•d asMt•
The charity ha5 Th) intsroible fixed assets, that is, fi0￿netsry assets that do not have thysitsl
substance but ar& KIertfiab￿ aThS are cc¥)trotW by ￿ charty thrwh *al nglts.
amortL88tyon ratss and mgth¢>Js used are di5clo*J in Th)te 15
Th&y we valued at cost
H•rita90 ￿*•**
The charity has no hantage 0956ts, that is. n￿￿rTh)￿tsry assets histori¢, artsbc. $￿tific,
t•chnological, gaoph￿ie8I or environm8ntsl qu81itss that are he*J aThJ maintained prin￿pallY for thglr
ntnbubtsn to k￿￿ed96 8nd cuthrn. Th8 (*prèrython rates and n*thc#ts Sj￿ as t1isc4o*J in
note 16 is not applicabl& dunrKJ this ￿nlKI if availab￿ Ihry ar• valwj at CJJSt
InvMtm•nt•
Fixed ass8t inwstrngnts In quow share8. tr*Yed aTrJ $kni18r In￿ are valued #t inrfially
81 cost an¢Y SubS￿uenty at tsir VA1￿ (their market value) at ts ￿re1*￿. The sarne troatment i8
applied lo unlis18d investments unltss fair ￿nft0t b• r￿SUr1d in c48e it
rnoasure¢Y at co$1 less irnpaimwnt.
Investment$ h81d for or p8nding their cash and c*h wthvafents 8 nwtunty dale
ofjoss than 1 year aro treated as ￿￿ent awl 1n￿trn8nts
D•btor•
Debtots lindudlng trad• debtcffs lo•rk8 Tg(¥fvth} are rnwur8d on Intsl rwnitN)n At
8ettlem&nl amoitnt after Any trade d¢sc¥)unts or arnount adv8nc*d by th• charity. Stsbw￿nty. they
are maasured at the oroth8r ¢onsKknrabM 0xp￿￿ to b• rec•j¥pd.
¢urr•nt *•••t Inv••tm•nt•
The tharity has has Investrnents rt Mkls for r8saJ8 ￿ FeTrJirg $810 cash and cath
equivalgnts with a rnaturity date thaft ong wr. Th8se indude cash on d8po$rt aThJ cash
uivalents wrth a matunty data of less than ￿ year hekj for inv8strW purFQ868 rath8r than to
moot short tefrn c8$h commthnts as Itw fall du8.
Thoy are valued 4t f8lr wal￿ exwt tsy qu81fy as LwklIna￿￿l inSbur￿.
POLICIES ADopfED ADDITIONAL TO OR DIFPQRtKr FROM YHOSE AOOV
Thore is no 8ny other wIKies adcpted.

REDEEMED CHRISTIAN CHURCH OF GODIRCCGI-VICTORY CENTrE NOTES TO
THE ACCOUNTS
CONnNUED
FOR THE YEAR ENDED 31ST DECEMBER 2020
Anaty*l•
Prlor
Unr•strl¢t•d incom•
Funds
Fund8
Endo
Fund8
Total
Fund#
Donatlons and l•ga¢l•&'
Donations and gifts - Trthes and Offering
Thanksgiving
Building
African Mission
Funds
Interest Income
Funds
66.W.58
66,056.58
57.946
12.60
12.60
29
Tot*1
66.069. 18
66,069.18
57,975
Oth•r Incom•
TOTAL IMCOME
66,C69 18
68,C69.18
57.975
Oth•r Inforniatlon:
All Incom• In th• prfor y•ar wa• unr••trl¢t•d.
Th•r• wa• no any •ndowm•nt lund ¢onv•rt•d Into Incom• In th• r•portlTrg p•rlod.
Includlng th• pA*v y•ar.th•r• v•ag no mat•rfal Incom• It•ffls wlthln th• abov•
that r•qulr• dl•clo•ur• of Its natur• and anmbunt.
13

REDEEMED CHRLSTTAN CHURCH OF GODtRCCG]-VICTORY CENTRE NOTES TO
THE ACCOUNTS {CONTINUED
FOR THE YEAR ENDED 31ST DECEMBER 2020
Note 4 Anatysls ¢)t •xpondltsrn
Analys1• of •xp•ndMum
Prlor
Unr•¥trlci•d In¢om m•nt
Funds
Fund$
FundB
Totsl
Funds
DIRECT COST
Wortd Evar￿¢118M Mission
Fesfjval of Life
RCCG-Centi81 Otfice
Trath and books for evwwelO8m
Honourarium
Welfare
Seminarnl c￿ent% & Retreats
Sunday School Expense
Ministry Advaneemenv Oulr¢ath Wo
Pastors Salariés
Minister Housing ACc￿nI￿3•t10n
Fund$
1.2￿.
150.CK)
1,2CKI.
1.2CX).CKJ
iso.00
1,2CQ.
25.C(J
1.6CQ.LY)
1.848.lJ)
1,350.CQ
2,400
l(XJ
1,200
105
1,350
1,155
1,ei().tYJ
1.848
1.350.rJ)
155.00
8.910
115.00
16.853.1)0
155.00
8.910.Cx)
115.00
16,853.00
9thJ
8,719
135
17,464
SUPPORT COST
Premi8es Co8tfft&nt
Choir, Key board and Musl¢ Eyw)8es
Subscriplion & Li¢ences
Grfts & Oonalions
Children and teenage depathierrt
PAYE & NI
Repairs 8nd maint￿anc•
Printing, P081age and Ststionary
T8￿phOne
In8uran¢e
Travel Expon
Computèr Cosv IT
Fuel & Car Park Expens
Bank Charges
Refreshment and Entertalnment
Electncity & Gas
Training & Secuiity
Media Expen$e8
Depwiatr"on
Covid-19 Expen888
Sm8rt P•n8fon
23,874.48
23,874.48
205.OJ
95.00
1.867.86
805 15
295.S)
27.309
165
132
200
1,352
4,192
100
525
1.592
748
398
25
170
1.867.88
e4)5.15
295
215.
1.199.80
38188
155.lxi
215,C
1,199.80
381 88
155.C
35.00
75.00
11.00
87.30
182 CK)
129.00
143.88
395.81
893.45
1.403.03
32,364.92
75.CQ
11.
87.30
182 (J)
129.CQ
143.88
395 81
893.45
1,483 03
32.364.92
125
262
568
37,976
TOTAL EXPENDITURE
49.217.92
49.217.92
55,440
14

REDEEMED CHRISTIAN CHURCH OF GOD[RCCG].VICTORY CENTRE NOTES TO
THE ACCOUNTS
CONTINUED
Not• S
FOR THE YEAR ENDED 31ST DECEMBER 2020
D•talls of certaln It•ms of expondjtur•
5.1 Fees for examination ofthe accounts
Please provide details of the amount paid for any statutory extemal suutiny of accounts and other
setvices provided by YOUT inde￿ndent examiner. If nothing vras paid please enter'o, in the appropriate
box(es).
GOVERNANCE COST
Th18 Year Last Year
Independent examinerfs fees
450.00
450
Assurance $ervi¢8s other than audit or independent examinats'on
890.00
other fees (for example". financial advi¢8, consultancy. accountancy
services, et¢.) paid to the independent examiner
900.00
900
2,240.00
2,240

REDEEMED CHRISTIAN CHiIRCH OF GODtRCCG].VtCTORY ¢ENTrE NOTES TO
ThE AcCOuP￿ I¢ONnNUED
FOR THE YEAR ENDED 31ST DECEMBER 2020
Fmhokl
mKhinery Ftthr•8,
land& COmpu￿r amotor fiding8&
buildingB equlwmnt ¥•hicle• •4uipm•ni
2.8￿.(￿)
Totsi
last
Ytar
T•lal
At Ihe beginTring of the >wr
11181.17
15.217.93 14.487 86
Addthons
599.(J)
599.C¥)
729.97
At•nd of the year
1.03&70
I￿.(￿ 11181.17
15,816.93 15,217.93
.2 D•pr•¢￿tiOn and lryolrTh*nts
-Basi$
Long Term Leaseho￿ ProF•rty
IAotorVehiG*
FiKtur8s & Fitti
orri¢e Equwnent
Com uter E
2S% Str84ht Li
25%
Straight
Stra&ht Lm•
Strai
ht tsne
Rat6
25%
At èeginnn9 01 Ihe y•ar
Dep￿I&ll0n for tho year
At end of thg y8ar
327.57
258.94
586.51
2.￿.￿ 11.&83.70
136 87
11770.57
14,$61.27 14,269.S8
395.81
291.69
14,957.08 14,$61.27
6.3 N•t book valu•
Net boc* value al thè beginning of thè Yr.
Net book at the •nd ol the year
6A knp•lnnont* NONE
No de5cripthon of the ev•nt• •TrJ orvJm8tsrx* that to th writrJn or
revgrsal of an ￿paI[ment
109 19
449.25
547 47
410.eo
218.38
65fj.68
869.86
6.1 Rov4luatlon
An aecountin9 poliw ol R¥alualon ￿ not &Jcstsd durfrKJ th* acc• peiicQ..
Ihg eff8cth'v• dat• of th• r•v4lu•tbn • NIA
th• of indopentht v•luw, rf 9￿M¢#b￿= NIA
m•thod8 appl￿d aThJ 8VdnrfKant aSSlrytim= NIA
the earrying ¥mount that￿ld ha¥e bggn rpccwtyod h*a ts •s8•ts kn c•rrnd ur*J•r th•
coal m¢>Jel.
6.6 Oth•r dlvlo8urn8
Ill Pleasg State the amount of borrr￿rVJ costs. Many. ￿pital8•d ln f>)n4tryetion ￿ t•nobte
l)x•d a6se16 and the capts1￿a￿On r4t• U8ed= NIA
lill Pleas• provkle tht amouTrt 0f￿ntra￿l ctsnmltrnents fof the •cw*(kn oltan9b￿
asBgt6 = NIA
liiil Details of th8 exkryten¢& carryiry of prcwty. pLqntarnl wJuvHment to whhth tt
ch8nty ha$ r881nthd lid8 orthat are pl*J9&I a8 8wrty WA
16

REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-VICTORY CENTRE NOTES TO
THE ACCOUNTS
Not• 7
CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2020
Dèbtors and pr•paym•nts
Please complete this note if the charty has any debtors or prepayments.
7.1 Analysls of debtors
This Year
Trade debtors
Prepayments and ac(xued income
Other debtors
Total
Last Year
3.199.17
4,490
3,199.17
4,490
Please complete 7.2 where a material debtor is rel￿Verable rnore than a year after the reporting date.
7.2 Analysis of debtors reo)verab19 in MO￿ than 1 year (induded in debtors above)
Thls Year
Last Year
Trade debtors
Prepayments arKI accrued income
Other debtors
Total
17

REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-VICTORY CENTRE NOTES TO
THE ACCOUNTS
CONTINUED
Nota 8
FOR THE YEAR ENDED 31ST DECEMBER 2020
Creditors and aceruals
Please complete this note if the chartty has any Creditors or accruals.
Amounts falling due
Within
More Than
1 Year
1 Year
Prior Year
Amounts falling due
Wrthin
More Than
1 Year
1 Year
8.1 Analysls of creditofs
Accruals and deferred income
Taxation and social security
PA YEINIC
Totsl
1.557.50
4,310
1.557.60
4,310
8.2 D•f•rr•d Incom•
Please complete this note rf the tharity has deferred incA)rne.
Plgasa explain the reasons why income is deferred.
Movement in defeTr8d income aco)unt
Th18 Year
Last Year
Balants at the start of the reporting perrod
Amounts added in current period
Amounts released to income from previous peri(yJs
Balance at the end of the reporting period
THERE IS NO DEFERRED INCOME DURING THIS PERIOD

REDEEMED CHRISTIAN CHURCH OF GODtRCCG]-VICTORY CENTRE NOTES TO
THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2020
Note 9 Provlslons for Ilabilities and charyes
Please complete this note rf you have induded in charity expendi￿re any provisions. A
provision is made when the Charity has a liats.lity of uncertain b.ming or amount
9.1 Pl•a8e provide:
- a brief description of any obligats.ons on the balance sheet and the exFectgJ amount and
timing of results.ng payments.,
- an indication of the un￿rtaInbe$ about the amount or timing of those 0uffl0￿,. and
- an indication of the uncertaintiés about the amount or b'ming of those ouffiow3,' and
- the amount of any expected reiMtr￿rsernent. stating the amount ofany asset that has been
recognised for that expecw reimbur8ement.
9.2 Movements In re¢ognl••d provl•lon• and lundlng commhmont durlng the perfod
Th18 Yoar
La81 Year
Balance al the start of the reporting period
Amounts added in cunent period
Amounts charged against the proVi￿On in tho current pefh
Unused amounts reversed during the perbcml
Balance at the end of the reportrng period
9.3 For any funding commitment that is not rec>)gnised as a liability or provision. provide details
of commitment made. Ihe lime frame of that ¢omrnitrnen( any perfOrman￿-re1ated conditions and
details of how the commitment will be fvnded (with ￿)ntra¢ts for capiiai expenditure separately
Identified).
9.4 Where unrestncted fvnds have teen designated to a fund commitrnen( please disciose the
nature of any amounts designated and the likely timing of that expendrture.
THE ABOVE 9.1 TO 9.4 IS NOT APPLICABLE
19

REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-VICTORY CENTRE NOTES TO
THE ACCOUNTS
CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2020
Note 10 Contlngent liabilltlos and contlngent assets
10.1 Contlngent liabllitle8
Where the charity has conts'ngent lia￿'1111tIes, Pr￿ cOM￿te the folkming section unless the
possibility of their existence is remote..
De8¢rfptlon of hem includlng Its legal nature.
Please dgscribe any 8ecurity provldod In
conne¢tlon lo the liability.
Estlmats of financlal effoct
10.2 Contlngent a88ets
Where the chanty has conts"ngenl assets, please ctsnplete the following seclon when their
existence is probable.,
D08crlpllon of ltsm
E•tlmate of flnanclol effoet
10.3 Othèr dl•clo8urn8 lor contlng•nt aM•ts andlor Ilabilitle8
Please provide the following infomiab.on where prath"cat4e'.
Explain any uncertainties relats.ng to the amount or timing of setuement., and the po8sibilty of-
any reimbursement
whe￿ it is not practical to make one or more of these dis¢losures. please Stste this fact
NONE OF THE ABOVE IS APPLICABLE
20

REDEEMED CHRISTIAN CHURCH OF GODtRCCG]-VICTORY CENTRE NOTES TO
THE ACCOUNTS
CONTINUED
Note 11
FOR THE YEAR ENDED 31ST DECEMBER 2020
Cash at bank and In hand
Th18 Year
Last Year
Savings Account
Cash at bank and on hand
Total
30,003.69
3,253.39
33,2S7.08
15,330
4,981
20,311
21