REDEEMED CHRISTIAN CHURCH OF GOD- [RCCG] VICTORY CENTRE Charlty REG.No:1140310 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 MoSES￿OLE &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 DeCem￿r 20[￿ Charity number. 1140310 and is on the e*ntral register of the Charity CommissFon of England and Wales. Obiectivo The prinThpal objective of this Chanty is to adVa￿e 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 te￿S of volunleers. Ihe Charty cryanised xtivit￿, events. and meetings lo prcmote ils obJ"ect¢ves. The Chaiily maintained ils addttional worship ￿tr￿lieS 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 befv￿n lo￿150 memters with a h￿h percenlage of youth and Ghiklren. Weekly Sunday Children's Church has been held thro￿ahOUl the year in tr evenings. with growng numbers of chihjrpn attgndir*3. 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 dOnat￿n 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 st￿ent 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 n￿kn.￿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 peO￿e in the communily. These activiiies proV￿￿e a positive change in the moral arKI spiritual climate of the cc4nmunity, W1￿¢b refflects the ch￿l￿S Christian ethos and beliofs. Govemance Victory Centre. Oxford has a Board of Trustees co)Mp￿Ir￿j 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 governa￿e 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 MagaMb￿GaSana 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$1 91,713.46 91.713.46 91,713.46 91.713.46 66.069 66,069 35.948.65 17.156.60 2.240. 35,948 65 17.158.60 2,240.rM) 16.853 32.365 2.240 Total S&345.2S 34525 61A58 Olhef 9ainsllloss8s1 N•t mov•m•nt in funds 36,368. 36.368.21 14,611 R•conelllatlon ol fuwls: Total funds brought forwaid 35.758 00 35.758.00 21.147 Total funds cprrigd for•MYd 72.126.21 72 126.21 35.758 REDEEMED CHRISTIAN CHURCH OF GOOtRcCGFNryCT¢￿Yc£WTRE ALANCE SHEET AS AT 31ST DECEMBER 20Z1 Lasl FurvJ5 FuThts Fund5 Fw¥J5 Flxed assets Taryiblg assets Totd 8ss0ts 1.31 1.31 ).31 3g).31 Curr•nt a58•16 3.199 Cash al bank and kn hand CUFrenl a55ets 11 73.976.50 73 7&50 TJ.976.SO 73.976.SO Crththtus.. arnounts thin year U40.L 2240.IXI Nel current asselslOpJ)lili8s) 71,73&50 Total assds ￿88 cuThewA Nabll 72.126.81 T2.126A1 35,759 C￿￿lIOrs. am(wnts falling (kte alleT one year Provi8￿ lor ItabHitieg Total net as5019 ￿ IlobHths 72.126.81 1x81 Funds of the Charbty Unreslrfcled funds Revaluation res8rve Total fund5 72,128.81 72.126.81 35.758 72 126.Bl 126A1 . DatsdaFvov4 93 11.129 IL Siunalure". Print Narno.. K) . A REDEEMED CHRISTIAN CHURCH OF GODtRCCGJ-VICTL)RY CENTRE NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 1.1 8*•l• ￿ ac¢o**ll*• These accounts tove uThkn the hislwicl crAt ikns rwnised 8t cost ot tiansth Val￿ unkn5 kn slated in ielevanl nLW31 io these ￿(￿U￿3. The account$ have bÈÈn ptep￿e￿ in acCA)rd￿vAh the Re￿rtIng Standard 4Jplicablè in ltte UK and Republic of Inland IFRS1W21 issued M 16 2014 wx1wth Chwths Act 2011 and Iho Chanty constitutes a publbc ￿ne￿I 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 ar*Axmtiw pr￿0Y in Ihts 2.2 INCOME This standard lisl of aruJuntiNJ has been ar(4￿d by except for tskne No or "NI￿. WI￿• a different ￿ athjrfb￿l F<*y lthen thya ￿d￿tal8￿ 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 l*eW than nc4 that It* tnJstÈÈs ier*i¥e resfAJr￿'. *¥J . the value can be ftwure(S with Suff￿lent Offs•ttlny Ot*nt8 don•llon* Grants and donations are onty indudetl kn Ihe SoFA*AtsTh th8 8re met15.10 to 5.12 FRS 102 SORPI. In th? Gaso of pwturmwce rdated grants, IrKome r¢w5t wly be rew*s8d tothe 8Xtenlthat I tharty ha$ pro¥kl&l the spec*fied goods or services as enlffj￿nt to orat)t onty Ihe perk￿ance related c¢Th*ts)r* met15.16 FRS I￿2 SORPI. L•g¥el TheT8 Is no ￿a¢Y ￿e1ved durirwj Oov•rnm•nt grants No 9ovetnmenl gi￿1 wa5 re￿1￿1 thJrwJ Ihm T•Jt r•¢Wm• •n don•tloThs and glfts Gift rec8Nabk 1$ m¢1￿ in 1￿me *fien there B a vaknl 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.n￿nelary a5Setsthat thj not have 8ub6tan¢a bul grg Klgnlifi*t ar*J co[bIrd￿ by the thanty IhIr￿￿ UJStctyor *1 NJnts. Thg arTM)rtlsalion rates and M￿hodS use¢J ore d*cl(*ed In ntiè 15 They 3r• valued at tosl Th8 charity ha$ no heiil8ge assels. ncTrmonatsry &ssets wtslic. EciBnlif*, t6chndo9ical, g8ophysic81 ot enwMmenl8Squalit*s that arg hekl 2￿j fortt contr1rwt￿ to and ￿lI￿re. derMÈrAation tate$ 8Th1 Mel￿th ￿ as dwb)sed in nole 16 18 ncl lknrmg tri% avai￿ Ilw aro al cr*t Inv￿*m•nt• F￿ed asset Investments SI￿re%, Ir•knJ aTrJ inve91mnls ar8 vknl at inltrally at ￿st and subsequenty at ra¢rvaluB It￿1 matket ¥a￿e) #i lh8 yeareTrl. same treaiment is ￿p￿ed lo unlisted Inve5knents un* reli8bty invhmch t*96 it 1> rlleasu￿d at cost less irrpaiFmenl. Inv95trReftts he￿ for res3￿ orFetKlirvJ thou sal8 ar￿ cash ￿ (ash ￿Na*￿i8 a maiurly date ol than 1 year ar8 treated ascuwtent 8sset wbvtsbTW D•bt•r¥ l)ebtors linduding trade debtors ¥NI loarts recei￿L*l a￿ measu￿1 on ThThlial al $8ttthent ￿￿nI after any tradB Its5￿￿ts or al￿(8d ty li* ¢h*ty. Subsequenvy. ar4 nwJsured at cash (K Crmsthrat[￿ lo be re¢errtl. Cwr•nt aM•l InvMtrn•nt# Th& ¢hArty has h85 inve5knentsTrwhKh h ￿￿15 lor or thdrsale aml tssh cash equfvalents with a tnalurity dalv18ss Ihari one yeaT. These Ir*thKJ8 cagh on deptssrtand cash 8quN￿ents %sith a m8lthTity dalg of *55 ytsw for *N68th)entF4¥PQX• 5*I￿rI￿ t¢+ meet short term rash comrthxrts 8Stlw lam due. TW are vyfthd al lair ¥al￿exCept￿lvt Itw as fin8rK481 ThtrLfftrts. POLICIES ADOPTeD ADDITIONAL TO OR DIFFERtNT FROM TIIOSE ABove Theio is noany oth&¥ pokie5 adopied. REOEEMED CHRISTIAN GYURGH OF GODIftCCGI.VIGTORY CENTRE NOTES TO THE ACCOUNTS CQNTINUED FOR TrIE YEAR ENDED 31ST DECEMBER 20Z1 Attaty*lB ol N¢bt• 3 Restrlct UnTe8tri¢t•d Income Funds Funds Prlor ar Analysls Endo￿ Total Funds Funds Funds Don•ll•ns and legacl••: Donations and gifts- Tithes and Offering Interest IKome 91.708.67 91.708.67 4.79 66.057 13 Total 91,713.46 91.713.46 66,069 oth•r In¢om• TOTAL INCOME 91.713.46 91.713.46 66.069 her Infonnatl All Income In the prfor year w*$ 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• ￿1￿10*￿T• 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•$triGted Endow. Unr•8trlcted Inc￿ ment Funds Funds Prlor Attaly#l* ol •xp•ndlthr• Tol*l Funds year DIRECT COST World Evangets5m MTrswn Fe81ival of Lif8 RCCG.Cenlral Olke Tracts and books fot ey￿&5M H￿QUI￿1￿M Welfare semina1￿COn1?ren(E & Relr¢ats Sunday Sthool Expenses Ministry Advancemenv ￿tre￿h Work Pastors Salaries Mini818r Housmg Acc0ft￿tI)n 2.4QO. 2.4￿).00 250.00 I.2￿.00 121J) 150 1,2 25 1.6LX) 1,848 1,39) 12(Kl.00 Jo.c 4.566.OD 1,071.OD 711.65 4.566.tKI 1,071. 711.65 155 8.910 115 16.853 11,050.CI) 13,800.00 35.948.65 13.8N.(x) 35.948.65 SUPPORT GO•T Prernises CosVRtrnt Choir. Key board 8nd MLLWC Expenses Subsuplty)n & LICer￿ "fts & Donations Children and teenage (Wment PAYE & NI RepaiFs and mainterw PrMbliD9. Po8t*Jè *KI StalK¥wry To18phone Insurance Travel Expen omputer Cosv IT & Car Park EX￿nSeS Bank Charges Refreshment and Ertertanmert Eleclrictty 8 Ga3 Trasning & S8cuwity Media Expenses Depre￿atIOn Covid-19 Ex￿￿e5 Smart PenBion 6.737.25 312.79 6.737.25 312.79 23,874 205 95 t￿68 605 296 55 215 L2(X) 362 155 35 75 io%).¢x) 3.162. 175.95 3.09). 3.162.99 175.95 548. 87 182 129 144 396 129.rxj 143.8B 1.352.51 129. 143.88 1.352.54 883.40 t7.1￿.60 883.40 17,156.60 1.483 TOTAL EXPENDITIIRE 53,106.2S 53,10S.25 49.218 13 REDEEMED CHRISTIAN CHURCH OF GOD{RCCG]-VICTORY CENTRE NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Not• S Details of certain items ol expendlture 5.1 Fees for examinahon of the accounts Pleasè provkl¥ detsils of the amount paid for any statulory external scnrtry of 8e¢o¢Jnts and olher setvices provided by your Inde￿nd￿nI examinei. If nolhirtg was paid please entef 'O' in the appropriate )%le$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 i￿￿nI valw. WA ¢0Stmodol. lil Pknse stsle the aft￿nI of bor￿ (x*. c•*aked cli* Id B5S•t8￿d Ihee4prfdi8&knn rate ￿- NIA fjil D9t84s of the ¢*TrirvJ anKthts of wrwty. p￿1 Ltharity has rests￿led IAe tsr thal are&W ¥& s￿k￿lIti*l￿s- 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 in￿rne 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 re￿aSed 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 exF*Thliiure pro￿1)ng. A piovtyion 16 made when the charily has a liabthly ol u￿ell￿n I￿￿ or 9.1 Plè•8è provld•: . a brief ¢les¢ry)lion of wy (ljlwatsons on the balan￿ sl%et the ext*X&l ￿nI aThJ liming of resulting payfflents. . an Ind￿tion of the uncertainl*s at#￿1 Ihe trnirtg céll¥Mixrtlkwts: . ￿ Ind￿8t￿ of Ihe uMertainl￿ ajoul the a￿￿nt or iwTh"ng of Ilwxe C￿., aml . the ￿OUnt of any exp•aed reWb￿￿￿￿Nl. $1olKffj ofary asset Ihat has been reG(Wni5ed lov thal expeGled ￿l￿b￿lse￿￿Ent. 9.2 Mo￿￿•nI$ 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 Cu￿ent per• Unused amounts reversed dvring Ihe BaLgnce at the end of thè rewiire peiKrfl 9.3 For any funth.ng cc*nmitm8nt t￿ ia Ter￿n￿ed a5 a lithhty LYPfOVtsI￿. w¥Je detai15 ol commitment made, the tr"m8 Iramè of thal Co￿￿Ment. any ￿Fo￿ar￿e￿i18Y conditv)ns a￿1 deta51s ol how the cEAnwnit[T￿nl Y+ill be fuvwjed Iwth for capllal e¥4)￿lI￿re Separately idenlifiedl. 9.4 V¥here unrestricied funds ha￿ t￿n iJesNJnabJ lo a fuThJ (z¥nrnrtnxnL please dlsclose the nalvre of ary rnnts de$una￿j *)d the I￿elY 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¥w￿lty oftheir exi51ence is Terr￿le". 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 see￿n 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 d￿c￿su[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