REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG] VICTORY CENTRE Charlty REG.No:1140310 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 MoSESOLE &CO CERTIFIED PROFESSIONAL AccoupifANTSI TAX ADVISERS & BUSINESS CHARTERED IAANAGEIAEiif CONSULTANTS Unit 44 Leroy Houw BusIn$ Centro 436 Essex Road Ilngton London Nl 3QP Tel: 0207 812 9333 Fax: 0207 812 9444
THE REDEEMED CHRISTIAN CHURCH OF GOD RCCG VICTORY CENTRE CONTENT Legal and Admlnl8tralive Information Trustgos. Roport 24 Independent Examiner $ Report lo the Trustees Statement of Flnancial Activities Balancè sheet Notes forniln9 part of the Financial Staternent 8t020
REDEEMED CHRISTIAN CHURCH OF GOD- CCG VICTORY CENTRE LEGAL AND ADMINISTATIVE INFORMATION Genaral overseer EA. ADEBOYE Trustees: Mr Tony Gunn Mr Emmanuel Ehibatiomhan Ms Winnie Magambo4asana Dr Olusola Aklnrolabu Registered Office 238 Burwell Mead¢)w WITNEY OXFORDSHIRE OX28 SJJ Minister In Charge: Pastor Emmanuel Oyadoh Charity No 1140310 Bankers Barclays Bank Witney 30 Market Square Witney OX28 6BJ Accountants MOSES4OLE & CO Unlt 4L Leroy House Buslness Centre 436 Essex Road London N13QP
TRUSTEES YEAR END REPORT 2021 REDEEMED CHRISTIAN CHURCH OF GOD- VICTORY CENTRE PARISH OXFORD Vict¢)ry Cenlre. Oxford. is a family church aTrJ open lo am Members of the community. Mlsslon Statement The Mission of Victory Centre, Oxford, is to reach out to community to share and demonslrale God's love for all hufflanrty. Charlty Status Victory Centre. Oxford is a charity organi5ation constituted wdgr a Trust tjeed dated 14 DeCemr 20[ Charity number. 1140310 and is on the entral register of the Charity CommissFon of England and Wales. Obiectivo The prinThpal objective of this Chanty is to adVae ts ch[lIan faith Y•DrkMryde aTrJ to Teach out lo the poor and needy. Actlvlllos Over thè yoar 2021 The year 2021 brought with it hopes, consKlering the year we had in 2020 due to global pandemic. The Church embraced a approath to fellowship and conducting ily weekly activrties. by broadcasting its services hosling events b)th onsite and via s()cial media. Through ils teS of volunleers. Ihe Charty cryanised xtivit, events. and meetings lo prcmote ils obJ"ect¢ves. The Chaiily maintained ils addttional worship trlieS to engage its members. Weekly Sunday MomiTrJ worship has been held throughout ihe year and in June began running iwo services lo meet the needs of its parishioMrs. The Church Sunday service membership, on avera3e. ha6 befvn lo150 memters with a hh percenlage of youth and Ghiklren. Weekly Sunday Children's Church has been held throahOUl the year in tr evenings. with growng numbers of chihjrpn attgndir3. Weekly mithek bible study and prayer meetings have been hekl throughout the year, with an average attendance of 2S people. The Charily reached J1 to thanties in Oxford irKludwig Askwre Charity. The Charity reached out to its parishione. tho needed finan¢ial help. due to job loss or changè in urcumstance by woviding them wrth a monthly stipend. The Chanly reached out lo the Community Emergency Foodbank ICEF) aThJ, followng an initial dOnatn of fo(yJ items. continued to support the Charily b monthty. other outreath activities in th8 c(xnMUn in(Juded: Pasloral oulreach to the sick in hospital Pastoral outreach to those in need wilhin the church c¢)mmunrty Evangelism Outreach and suppcrt lo the stent communty ¥thIn Oxford
Rl8k IAanagement The Tiuslees have conducled a review of the significant risks to the Charity. The r¢sk regtsler identsfies the nature of Ihese tisks. their likelihood and the measures taken to manage them. The Trustees review n8k register at thw'r nkn.as aThJ are satisfied that there are safe systems in place to manage the risks that have been Klentsfied. The finances of Charity are also kept under vIeW. and has grown in the last year giving the church the ability lo plan for capital projects. Proceduies have Lwi put in placa to ensure eompliancÈ with the heallh and safely of members of staff, voluntee. and visitors to the Charrty. Plans for the Futur• The Charrty continues lo exploie ways of fuiU*riro its tharttable oLy"ectives effectively by ensuiing awareness of itg seNices. The Charity seeks lo wovide services and acb"vities that meet the needs of peOe in the communily. These activiiies proVe a positive change in the moral arKI spiritual climate of the cc4nmunity, W1¢b refflects the chlS Christian ethos and beliofs. Govemance Victory Centre. Oxford has a Board of Trustees co)MpIrj four (4) church members Ihal oversee the running of th8 Chafity. The Trustees meei bi-annually with the Pastor and the Head of the volunteers to address any governae kssues aThJ r8Vie•4 the Chanvs financial status and commrtments. Leadership Structu Each dèpartment within the Church has a head ofdepartment. Al heads of departments a overseen by the Head of Volunteers. who rew)rts to the Pastor. The Pastor is the overall leader of the Church. Monthly meelin9s were held Ihroughoul the year for the heads of department. Head of volunteers and the Pastor to plan atKI th'scuss the operation actNlties of the Church and any stecial programmes. Departments within the Church are: Children's Church Youth Ministry Men'$ Minislry Ladies Ministry Choir & Worship Team Hospitality Team Technical Team Evangelism Ministry Follow-up Team
Pa8tor ol Vlctory Cgntro. Oxford: Paslor EmmW)l Oyedoh Charlty TN8tees: Trustee Office Signature Mr Tony Gunn Mrs Wnnie Nanlfyza MagaMbGaSana Dr Olusola Akinrolat Mr Emmanuel Ehibhatiomhan
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF RCCG VICTORY CENTRE I report on the accounts of the charity for the year ended 31 Mar¢h 2021. which are set out below and notes to the financial statements on pages 7 to 17 Respective responsibilities of Trustees and Examiners As the CharitW5 Trustees, you are responsible for the preparation of the accounts: you consider that an audit 15 not required for this year (under section 144121 of the Charity Att 2011lthe 2011 act) and that an independent examination is needed. It is my responsibility to Examine the actount lunder section 145 of the Act),. follow the pr¢xedures laid down in the General Direttions given by the Charity: Commission (under settion 145151 Ibl of the 2011 Act and State whether particular matters have come to my attention. Basis of Independent Examinerfs report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account5. and seeking explanation5 from you as the Trustee5 concerning any such matter5. The procedures undertaken do not provide all the eviden that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair vie, and the report is limited to those matters set out in the statement below. Independent Examinerfs Statements In connection with the examination, no matter has come to my attention= l) Which give me reasonable cause to believe that in any material respect the requirements To keep accounting records in accordance with section 130 of the 2011 Art; To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met or 21 To which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached M05e5 0 E Igunnubole, 6A (HON5J FAIA Managing Principal MOSES-BOLE&CO A, CPFA. FIPA. Fr Chortered Certified ForensKAcco nt5 Certified ProfessionolAccoun nts/Tt7x Adv And Business Chartered Management Consultunts DATE.. 2 o i ee2022.k
REDEEMED CHRISTIAN CHURCH OF GODiRCCGI.VICTORY ¢ENTIIE STATEAIENT OF FINANCIAL ACTIVITIES FOR THEYEAR ENDED 31ST DECEMBER 2021 Reslricted PrÈor Total Funds Funds Funds Funds Funds R•¢omm•nd•d ¢•t•gorI by actlvlty Ineomlng rosources Income and ondowmen15 from: Donations and legacies Total Rwour¢•s •J(p•nd•d Exp•ndlture on: Direct Cost Support Cost Governance Co$1 91,713.46 91.713.46 91,713.46 91.713.46 66.069 66,069 35.948.65 17.156.60 2.240. 35,948 65 17.158.60 2,240.rM) 16.853 32.365 2.240 Total S&345.2S 34525 61A58 Olhef 9ainsllloss8s1 N•t mov•m•nt in funds 36,368. 36.368.21 14,611 R•conelllatlon ol fuwls: Total funds brought forwaid 35.758 00 35.758.00 21.147 Total funds cprrigd for•MYd 72.126.21 72 126.21 35.758
REDEEMED CHRISTIAN CHURCH OF GOOtRcCGFNryCT¢Yc£WTRE ALANCE SHEET AS AT 31ST DECEMBER 20Z1 Lasl FurvJ5 FuThts Fund5 Fw¥J5 Flxed assets Taryiblg assets Totd 8ss0ts 1.31 1.31 ).31 3g).31 Curr•nt a58•16 3.199 Cash al bank and kn hand CUFrenl a55ets 11 73.976.50 73 7&50 TJ.976.SO 73.976.SO Crththtus.. arnounts thin year U40.L 2240.IXI Nel current asselslOpJ)lili8s) 71,73&50 Total assds 88 cuThewA Nabll 72.126.81 T2.126A1 35,759 ClIOrs. am(wnts falling (kte alleT one year Provi8 lor ItabHitieg Total net as5019 IlobHths 72.126.81 1x81 Funds of the Charbty Unreslrfcled funds Revaluation res8rve Total fund5 72,128.81 72.126.81 35.758 72 126.Bl 126A1 . DatsdaFvov4 93 11.129 IL Siunalure". Print Narno.. K) . A
REDEEMED CHRISTIAN CHURCH OF GODtRCCGJ-VICTL)RY CENTRE NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 1.1 8•l• ac¢oll• These accounts tove uThkn the hislwicl crAt ikns rwnised 8t cost ot tiansth Val unkn5 kn slated in ielevanl nLW31 io these (U3. The account$ have bÈÈn ptepe in acCA)rdvAh the RertIng Standard 4Jplicablè in ltte UK and Republic of Inland IFRS1W21 issued M 16 2014 wx1wth Chwths Act 2011 and Iho Chanty constitutes a publbc neI as derw by FRS1W2. The accounts present a tnje law the polw6 IIKW the nckn vthh no change in pcA IA Chang•• to x¢ounllng •stlmat•s No ¢harye5 to >xounlino 8gtimat8s have wiod {3.46 FRS 11Y2 SORPI. No Materi pri(x year l*ve iwn klerfifvd In {3.47 FRS 102 SORP).
REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DÉCEM8ER 2021 Note 2 Accounting pollel•s L1 RECONCILIATION TH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE There is rN) in arAxmtiw pr0Y in Ihts 2.2 INCOME This standard lisl of aruJuntiNJ has been ar(4d by except for tskne No or "NI. WI• a different athjrfbl F<y lthen thya dtal8 box bebw. R•cogni+ion ol Incom• These are IndLbY¢d In I Stalement ol FinanLyal ISOFAI .. . the charity becomes enlilled to the [8$te$.. . il Is mNe leW than nc4 that It tnJstÈÈs ieri¥e resfAJr'. ¥J . the value can be ftwure(S with Sufflent Offs•ttlny Otnt8 don•llon Grants and donations are onty indudetl kn Ihe SoFAAtsTh th8 8re met15.10 to 5.12 FRS 102 SORPI. In th? Gaso of pwturmwce rdated grants, IrKome r¢w5t wly be rews8d tothe 8Xtenlthat I tharty ha$ pro¥kl&l the specfied goods or services as enlffjnt to orat)t onty Ihe perkance related c¢Thts)r met15.16 FRS I2 SORPI. L•g¥el TheT8 Is no a¢Y e1ved durirwj Oov•rnm•nt grants No 9ovetnmenl gi1 wa5 re11 thJrwJ Ihm T•Jt r•¢Wm• •n don•tloThs and glfts Gift rec8Nabk 1$ m¢1 in 1me fien there B a vaknl <bu8rat tt d(mr. AAY Glft Jmunl {ecvered on a donat 15 Consertd lo partof that gfft tre8led Rs an lo the sam8 fu 88 the 11181 don81irn dorK)r fthe lemu ollhe apF4al ha¥8 0lhBT$e This Is not applicable There no donaied Donat•d %•rvlcw faGllItI•s DDn8led semces I&e$ are in the SOFAthen at fv vknof lh8 yfttothg charity prowded ofthe grft can mea5wJ 04ulvabt)l amount re¢ognised a$ an eynse mler IhB apprOFt hoFW #) thè SOFA Swrt ¢Mts The charty has inrAmd oxporxlilurELffi t1$. VoluTrt••T help Thg valug of any ¥ntrry help w4¥ed is not bAi5 d88L¥ in tho tru5te85' anr¥Jal rep.
Ine•m• from int•r••t. royltl•s and dfvtd•nd Not applicab during Ih15 period Tith•s tsfferirYJ received ffcffi Ihè mémters è in Ihe Ile tsf a ltaTe ret• as Donations. aThl Legac Settl•m•nt ol clalm Insurance Glaitns arB only incl]e in the SoFAen IrK0 rBCwrMth1NIa ate met15.10 to 5.12 FRS Ilf2 SORPI ¥ThJ asan Inv•4tm•At 9•ln I Thi$ Induths any realised or unre8li8ed on Ih? 8 01 irwastrnerts arnj any gath LY %)58 resutting frLKn revaluiThJ ¥8&1M&ts to m8ival al of ygar. 2.3 EXPENDITURE AMD LIABILITIES Llablllty w•¢•gnltlon Liabilitses aro Tecognv4ed It L8 mNe liketythw not Ihat thert a gal crf cIKJatic cor¥wnitting the charbty to pay out reswrces aTrJ 1[jni of be asured wAth reasonabl6 ¢ertainty. Gov•manG• and •upport ¢oJt• Support costs have been allo¢ad tyetseen gov8man¢• Govortwmx (X)518 ¢ompris& all costs Invothr¥J wblk (tatI"ty of aTrJ ts ilh r6gLIkn arKI pr8ctice. SupKX)rt ttssls inchJdÈ téntral f1mtionS havg been alhxated lo actmty cost cAl&J6 on a ba$L Con511 with tho use of rgsour¢es. eg aTrocab"rYJ by ffloDrareas, orp8rc4th, staff cos15 by the Spent 8TrJ other costs by IrSage. The Ch8rfty b nrl grant Grant¥ p•ybl• without p•rt•miAnc• ¢ondltion$ Where Ihare ar8 nDcoTrthlions all to grantthal enables IhB Lwty to real1 avoid the CA)mmifvnt. a liability IoTthe fijl fuThhry dAwJalKJn be recrI R•dund•ncy cmt The Ghprty rTratt8 rx) paytnenls Wry th8 fekVtry WKI. D•l•rwod Incom• No mat81tal lem oldefwred bow •xwJBd Cr•dltor4 The chanty has cr¢ditty¥ we al Itss anytsl& (li#cx• PwovJ6loM Il•blllti•s A liabl1lY Is m8asuierJ on recognh at its hi5t¢Nical coyt aNI Ihen at b8518slim¥t8 of the l¥JAt r8qwrl to ct4wJat•Jn at th8 dal8 B•$l¢ Iln•ncll IA8trumgnt¥ Th& charity accounts for besic fanCIal a5 [par 10.7 FRS 102 SORP. s8ql8S+N0Trt is ès wr p8raw 11.17 to 11.19, FRS I2 SORP.
2.4 ASSETS Tanyibl• flx•d ••••l• for by eh•rtty These are PItalIsed illtw can b8 u¥wl fOrneth >w, arwj cosl allgast Th0y ar8 valued 8lcost. Th8deye¢thn iat85 and mellN>Js used 8r• thsclxed in ftots 14. Int•nglbl• IlJt•d •M•ts The ch8rity ha5 int8ngible fixed a5sels. Ihal va. n(th.nnelary a5Setsthat thj not have 8ub6tan¢a bul grg Klgnlifit arJ co[bIrd by the thanty IhIr UJStctyor 1 NJnts. Thg arTM)rtlsalion rates and MhodS use¢J ore dcl(ed In ntiè 15 They 3r• valued at tosl Th8 charity ha$ no heiil8ge assels. ncTrmonatsry &ssets wtslic. EciBnlif, t6chndo9ical, g8ophysic81 ot enwMmenl8Squalits that arg hekl 2j fortt contr1rwt to and lIre. derMÈrAation tate$ 8Th1 Melth as dwb)sed in nole 16 18 ncl lknrmg tri% avai Ilw aro al crt Invm•nt• Fed asset Investments SIre%, Ir•knJ aTrJ inve91mnls ar8 vknl at inltrally at st and subsequenty at ra¢rvaluB It1 matket ¥ae) #i lh8 yeareTrl. same treaiment is ped lo unlisted Inve5knents un reli8bty invhmch t96 it 1> rlleasud at cost less irrpaiFmenl. Inv95trReftts he for res3 orFetKlirvJ thou sal8 ar cash (ash Nai8 a maiurly date ol than 1 year ar8 treated ascuwtent 8sset wbvtsbTW D•bt•r¥ l)ebtors linduding trade debtors ¥NI loarts receiLl a measu1 on ThThlial al $8ttthent nI after any tradB Its5ts or al(8d ty li ¢hty. Subsequenvy. ar4 nwJsured at cash (K Crmsthrat[ lo be re¢errtl. Cwr•nt aM•l InvMtrn•nt# Th& ¢hArty has h85 inve5knentsTrwhKh h 15 lor or thdrsale aml tssh cash equfvalents with a tnalurity dalv18ss Ihari one yeaT. These IrthKJ8 cagh on deptssrtand cash 8quNents %sith a m8lthTity dalg of 55 ytsw for N68th)entF4¥PQX• 5*IrI t¢+ meet short term rash comrthxrts 8Stlw lam due. TW are vyfthd al lair ¥alexCeptlvt Itw as fin8rK481 ThtrLfftrts. POLICIES ADOPTeD ADDITIONAL TO OR DIFFERtNT FROM TIIOSE ABove Theio is noany oth&¥ pokie5 adopied.
REOEEMED CHRISTIAN GYURGH OF GODIftCCGI.VIGTORY CENTRE NOTES TO THE ACCOUNTS CQNTINUED FOR TrIE YEAR ENDED 31ST DECEMBER 20Z1 AttatylB ol N¢bt• 3 Restrlct UnTe8tri¢t•d Income Funds Funds Prlor ar Analysls Endo Total Funds Funds Funds Don•ll•ns and legacl••: Donations and gifts- Tithes and Offering Interest IKome 91.708.67 91.708.67 4.79 66.057 13 Total 91,713.46 91.713.46 66,069 oth•r In¢om• TOTAL INCOME 91.713.46 91.713.46 66.069 her Infonnatl All Income In the prfor year w$ unr•strfct•d. Th•r• wa no any •ndowrn•nt fund Cottverted Into IAc•m• In th• f•POrtlhg perlod. Inclydlng th• prlor y•ar,there was no moterfal In¢omo It•ms wlthln th• abov• that r•qulr• 110T• of It• Mtur• ahd amounL 12
REDEEMED CHRISTIAN CIIURCH OF GODIRCCG}.VICTORY CENTRE NOTES TO THÉ ACCOUNTS IcoKfiNUED FOR THE YEAR ENDED 31ST DECEMBER 2011 Mote 4 Analy•is of •xpendltu R•$triGted Endow. Unr•8trlcted Inc ment Funds Funds Prlor Attaly#l ol •xp•ndlthr• Toll Funds year DIRECT COST World Evangets5m MTrswn Fe81ival of Lif8 RCCG.Cenlral Olke Tracts and books fot ey&5M HQUI1M Welfare semina1COn1?ren(E & Relr¢ats Sunday Sthool Expenses Ministry Advancemenv treh Work Pastors Salaries Mini818r Housmg Acc0fttI)n 2.4QO. 2.4).00 250.00 I.2.00 121J) 150 1,2 25 1.6LX) 1,848 1,39) 12(Kl.00 Jo.c 4.566.OD 1,071.OD 711.65 4.566.tKI 1,071. 711.65 155 8.910 115 16.853 11,050.CI) 13,800.00 35.948.65 13.8N.(x) 35.948.65 SUPPORT GO•T Prernises CosVRtrnt Choir. Key board 8nd MLLWC Expenses Subsuplty)n & LICer "fts & Donations Children and teenage (Wment PAYE & NI RepaiFs and mainterw PrMbliD9. Po8tJè KI StalK¥wry To18phone Insurance Travel Expen omputer Cosv IT & Car Park EXnSeS Bank Charges Refreshment and Ertertanmert Eleclrictty 8 Ga3 Trasning & S8cuwity Media Expenses DepreatIOn Covid-19 Exe5 Smart PenBion 6.737.25 312.79 6.737.25 312.79 23,874 205 95 t68 605 296 55 215 L2(X) 362 155 35 75 io%).¢x) 3.162. 175.95 3.09). 3.162.99 175.95 548. 87 182 129 144 396 129.rxj 143.8B 1.352.51 129. 143.88 1.352.54 883.40 t7.1.60 883.40 17,156.60 1.483 TOTAL EXPENDITIIRE 53,106.2S 53,10S.25 49.218 13
REDEEMED CHRISTIAN CHURCH OF GOD{RCCG]-VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Not• S Details of certain items ol expendlture 5.1 Fees for examinahon of the accounts Pleasè provkl¥ detsils of the amount paid for any statulory external scnrtry of 8e¢o¢Jnts and olher setvices provided by your IndendnI examinei. If nolhirtg was paid please entef 'O' in the appropriate )%le$l GoveRNANGE COST Th1¥ Ywr Last Ye Independent examin8rfs lèès 450.00 450 A88urance seN1 othgr than audil or independent ox•ninat other f8•s (for éxxmplg.. linan¢ial a(kn. consvllancy. aeeovnlan 8ervths, etc.) pwd lo lh8 indepondant gxarym 2.240.00 2.240 14
REOEEIIEU G+IHt¥TIAN UHUFICH OF GODtRC¢GI.VICTIJ¢Y CEtrITRk NOTES TO THE AccfAIMT$ FOR THE YEAR EIIDEO JIST DECE Z021 Fr•ehdd mathlrt•ry FfixiuM•. lond& IlttlngB4 At bo glfvyoar 1.03S76 12.181.17 15,81693 15218 At cllJ 1J3&76 184.17 99JJ 16.817 8.2 D•prntlalkn and Iwainn•nlB Veh & Frtbrgs OttK% Equipm 26% Str8vJhl L Al beginning of Ihfj year DepmcPdlKin for Ih•>var Al end ot 586.51 If4).IXI 11.ITO.57 1,lYJJ.fAI 2..(¥) 1IW.17 14.957.(5 1.352.54 16.309.62 14.561 84&45 6.3 N•tbook ¥alu NÈI book ¥alu8 &1 ollhvyr. Not¥8 al 410. 859.85 &57 190.31 re¥er891 of * wry)4im>Enl k>ss Fts¥altr4lh)n the elfrflwodalo (A WA the n¥n¢l inI valw. WA ¢0Stmodol. lil Pknse stsle the aftnI of bor (x. c•aked cli Id B5S•t8d Ihee4prfdi8&knn rate - NIA fjil D9t84s of the ¢TrirvJ anKthts of wrwty. p1 Ltharity has restsled IAe tsr thal are&W ¥& sklItils- I
REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Note 7 D•btors and pr•payments Please compleie this note if the ¢harity has any debt(¥s or prepay*ftts. 7.1 An•ly¥i8 of d•btors This Y•aT Last Ygar Tiade debtors Prepayments and accrued income Olher debtors Total 3,199 3,199 Pleasg complete 7.2 where a rnaterral debtor is recoverable more than a year after Ihe reporting dale. 7.2 An8tysi8 ol debtors recoveralAe in more than 1 year (included in debtors above) Thi$ Y••f Last Year Trade deblois Prepayments and e 6neome Other debtors Total 16
REDEEMED CHRISTIAN CHURCH OF GOO[RCCG]_VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Ilote 8 Cr•dltors and accruals Please complele this note il the Charity has any ctedFtor8 or accruals. Amounls falling due Within More Than 1 Year 1 Year Prior Year Amounls 811ing due Vvilhin Mole Than 1 Year 1 Year 8.1 Analy¥l• of credltors Accruals ar¥J deferred inrne Taxation and social secur 2.240.00 1,558 PAYEINIC Total 2.240.1)0 1,558 8.2 D•ff••d Incom• Please complete this note if the charity has deferred incom8. Please explain the Teasons why income is deferred. Movement in deferred income account Thls Year Lost Ytrar Balan al Ihe start of the re&ing pewiod Amounls added in current period Amounls reaSed lo income from previous ponods 881ance 81 thè ond of Ihe ieportiThJ peTiod THERE Is NO DeFERRED INCOhlE DURING THIS PERIOD 17
REDEEMED CHRISTIAN CHURCH OF GODIRCCGJ_VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEIIJBER 2021 Pl&ase complete this note ifyou have included in tharity exFThliiure pro1)ng. A piovtyion 16 made when the charily has a liabthly ol uelln I or 9.1 Plè•8è provld•: . a brief ¢les¢ry)lion of wy (ljlwatsons on the balan sl%et the extX&l nI aThJ liming of resulting payfflents. . an Indtion of the uncertainls at#1 Ihe trnirtg céll¥Mixrtlkwts: . Ind8t of Ihe uMertainl ajoul the ant or iwTh"ng of Ilwxe C., aml . the OUnt of any exp•aed reWbNl. $1olKffj ofary asset Ihat has been reG(Wni5ed lov thal expeGled lblseEnt. 9.2 Mo•nI$ In r•Gognl••d provl•lon• and lundl•vJ ¢tyMIltsMn¢ d¥rlng tho perlod Th1 Y••r Last Y••r B818nce at start of tr twtirvj Amounts a(kled in current wNxl Am(yJnt5 Gharged against the provisK)n in the Cuent per• Unused amounts reversed dvring Ihe BaLgnce at the end of thè rewiire peiKrfl 9.3 For any funth.ng ccnmitm8nt t ia Terned a5 a lithhty LYPfOVtsI. w¥Je detai15 ol commitment made, the tr"m8 Iramè of thal CoMent. any Foarei18Y conditv)ns a1 deta51s ol how the cEAnwnit[Tnl Y+ill be fuvwjed Iwth for capllal e¥4)lIre Separately idenlifiedl. 9.4 V¥here unrestricied funds ha tn iJesNJnabJ lo a fuThJ (z¥nrnrtnxnL please dlsclose the nalvre of ary rnnts de$unaj )d the IelY liNvJ otthal ex[1bjTe. THE ABOVE NOTES 9.1 TO 9.4 ARE NOT APPUCABLE
REDEEMED CHRISTIAN CHURCH OF GODLRCCG]_VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Not• 10 Contlng•llt Ilabaiities and contlngent a$$ets 10.1 Contlngent liablllties Wttere the charity has conting•Jt liabllili88, pkne comFAete the fdtCAVm9 sect¥)n unless the Po¥wlty oftheir exi51ence is Terrle". Description of Itèm Including Its legal nature. Please dos¢ribe any s•curity provlded In eonnectioTr to thg Ilabllity. Estlmal• of flnanclal effect 10.2 Contingent a6sets Where the charity has conlingent assets. please complÈte the folk)wing seen whgn their existence ig Pfobable.. De$¢riptlon of It•m Estlmat• of financlal effect 10.3 other di8¢103ur¢$ for ¢onting¢nt assets andlor liabllllles Please provide the folbwing inlorfflalion where prackncable.. Explain any uncertainttes relatry to the amount or b.mry of setuement. 8nd the p05sibitty of- any ieimbursem8nl Where il is not [tICal to make w (Y of dcsu[eS, pkne state this fact NONE OF THE ABOVE IS APPLICABLE 19
REDEEMED CHRISTIAN CHURCH OF GOD[RCCG]-VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Not• 11 Cash at bank and In hand Thls Year Last Year Savings Account Cash al bank and on hand TotAI 70.408.48 3,568.02 73 976.so 3,253 33.257