Rebival Chrlstlan Churth Of Enfield Charfty No. 1141730 Company No. 07182472 Trustses, Report and UnaudJted Attotsnts 31 March 1021
Revival Chrlstlan Church Of Enfiejd Contents Trustees, Annual Report Independent Examinees Report Statement of Financlal Activlties Summary Income and ExpenditureAccount Balance Sheet Statement of Cash flows Notes to the Accotsnts Detailed Statement of Finantial Actlvities Pa8es 9t018 19to21 Page I
Revlval Christian Church 01 Enfield Trustees Annual Report The Trustees, who are also directors of the charity forthe purposes of the Companies Art 2006, present their report wlth the unaudited financial statements of the charity for the year ended 31 March 2021. REFERENCE AND ADMINisfRAnVE DEfAILS Company No. 07182472 a)arFty No. 1141730 Principal Offlce 47 London Road Enfield EN2 60S Reglstered Offl¢e 47 London Road Enfleld EN2 6DS Dlrectors and Trustees The Directors of the charitable company are fts Trustees for the purposes of charity law. The followin8 Dlrectors and Trustees served during the year: Mark Menda Mulenga Chanda Zlon Ekundare Attount•nti Saymore Financial SeThices Llmtted 483 Green Lanes London N134BS Bankers HSBC Bank PLC 171 Darkes Lane Potters 8ar Hertfordshire EN6 IBU OBJEcfivES AND AcTIVlEs The Trustees, who a also dlrectots of the charity for the purposes of the Companies Act 26, present their annual report and financial statements of the charty for the year ended 31st March 2020. The Trustees have adopted the provisions of the Statement of Recommended Practites ISORPI 'Attounting and reporting bv charlties, issued in March 2005 in preparing the report and financial statement of the charity. FINANCIAL REVIEW Page 2
Revival CThiiiiiJo Chuith 01 EDtheld Irinipes Annual Repoii 'Q the yeai lo 3131 Maich 1. thè rhuich had a ioialinrome ol ¢.663. Donat% loi spicilK purpDie li e the trvirdiNJ luool weie r47.568 h al Ihe year tnd, Iheie weit reseThe$ availible toi Iho 's Dse (i t nI¢ll¥lEted lunos and noi iepieieiiled ty lued askiil Ihe Chaiilfi principal lurithiig Ivuiie3 4ie Ihe IndNhJuots who alleThJ the Church aTrJ panller 1h the mirijslry v4 monlhty SIRUCTIIRE. GOVERNANCE ANO MANAGEMEN7 RevJ¥al ChiiiaJi ChuTrh ol ElilieI h a Chairtable rofflwy h"mk•d by glIle¢. Incorporated 0119 Marth 2010 and CDmMenC opera11 th elleci from i 2010 The Charity 15 Conliolled by 113 ooveiiiiivJdo¢umcnl. memoiandum arid artKtes or auoculK)n and coii¢iullid by a boail ol iru31ee3 whose membeii art eletled at Ihe annual geiieial ffteeluig aiid ale IItClui lui Iht puiposej ol rompany iThfj i1lIe• loi Ihfj puipolli ol chaiity New Irthyoes irÈ appoinled on Ihe ba¥ts DI Ihe ¢ontiibDlion Ihat Ihty wlw make io Ihe w¥einan¢è ul the orgalivalI7 aiid iht slilts Ihbl Ihei wl¢on111bIQ They ar¢ pioYKled Mlh Ihe Co•1 ol Ihe chai+ly fDnifiiBiioni' ouan¢e lo tiuilees arKJ gwen an Inirodu¢iion io Ihe a¢1Ml ol the Chinty by Ihe exMIiiq troaitt Iivsteti alp. prot Wllh Iiaining 11 wh•n iequiied. Ibe IIu51ee3 ale i•¥>onble loi eetyr¥Jpiopei ietyds Ihii 1h ieawnable accuracy at ¢umpty Wllh Ihp. Corripaniei y(l. The Irugtouaie iwoiiilble lor lelu111rJ ihe aiiell ol the chariiy aiid hen¢e taking rea50nable Sle[¢ loi the pieveNltrJn and deltttsoll ol liaud and Qihei iii•yularilies. Ihe above iepoil has been piepai•d a(tOffjanc¢ Wllh Ihe prov#$ appljcable lJ Companies subie¢l io the sntall companiej regime al1 oui kn Part IS ol iht Compari1# Act and In acwidarTrEe with ih¢ Chaiilies SOR9 IFRS 10? Slgjied on beball ol tht bvaid Muleiioa Chanda
Revival Christlan Church Of Enfield Independent Examiners Report Independent Examiner's Report to the trustees of Revival Christian Church Of Enfield I report to the charlty trustees on my examination of the accounts of RevNal Christian Church Of Enfield for the year ended 31 March 2021 which Compr the Statement of Financial Activities. the Summary Income and Expenditure Account, the Balance Sheet. the Statement of Cash Flows and the related notes. Respon5ibllitie5 and basls of report As the trustees of the charlty land also its dirertors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Art 20061'the 2006 Act. Having satisfied myself that the account5 of the charty are not required to be audited under Part 16 of the 2Ck)6 Act and are eligible for Independeftt examination, I report in respect of my examinatlon of your charity's accounts as carried out Ltnder sectlon 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity commilon under Section 14515llbl of the 2011 Act. Independent examlner's ststemént I have completed my examlnatlon. I can confirm that no malerial matters have come to my attentlon In connettlon wlth the examination 8ivin8 me cause to believe that: accountin8 records were not kept In accordance with section 386 of the 2¢J)6 Act . or the accounts do not accord with those records; or • the accounts do not comply wlth the accounting requirements under sertbn 396 of the 2CQ6 Act other than any requirement that the accounts 8ive a Irue and fair, vlew which is not a matter consldered as part of an Independent examination- or the account5 have not been prepared in attordance with the Charttles SORP IFRS 102). I have no Concerns and have come across no other matters in connection with the examinatlon to whlch aitentlon Should be drawn in this re reached. ort In order to enable a proper understandin8 of the acwunts to be dul Olagboyega MAAT, M.Sc, MICB Saymore Financial Servlces Limfted 483 Green Lanes London N1348S Page 4
Revtval Christian Churth Of Enfield Statement of Financial Artivities for the year ended 31 Marth 2021 Unrestrirted funds Total funds Total fvnds 2021 2021 2020 Notss Income and endowments Irom: Donations and legacies Charltable activitles Investments Other 166.9th) 166,90) 204.831 967 li 38,450 37.763 37,763 Total 204.663 204,663 244.259 Expendlturè on: Ralslng funds Charltable activltles Other 3,563 5.544 120,870 3,563 5,544 120,870 129,977 50,872 i 10,258 126,881 188,011 li rot•l Net gains on Investments Net Income 129,977 12 Transfers between funds Net Income beforè other galnslllosses) Other8alns and losses Net m0ment In funds Reconclllatlon of funds: Total fund5 brought forward Total funds carrled forward 74,686 74,686 56,248 74,686 74,686 56,248 74,686 74,686 56,248 965,657 965,657 909,409 1.040.343 1,040,343 96S,657 Page 5
Revival Christian chUh Of Enfield Summary Income and Expendittsre Account lor the year ended 31 Marth 2021 2021 2020 Income 204.663 244,248 Interest and investment income Gross Income tor the year Éxpenditure li 204,663 108,010 244,259 160,408 Interest payable 19.508 Depreciation and charges for impairment of fixed assets 26,303 2.459 Total expendlture lor the year Net income before tax for the year Net Income for the year 1,3C(J 129.977 188,011 i 74,686 56,248 1 74.686 56,248 Page 6
Av¥ivJl Chrislièii Chuith 01 Inliel AJlJnce Shpoi 41 J l Marrh ?7 umpaiiv Nu 01112 NotE5 Filed amtls Tintylle dMe15 15 1,rth,935 1.5a5.935 Cuiieril asstii Debiu13 Cath 41 baiil 4ivJ Iri haml I0?,599 16 17Ql 65.953 I,T( CieiJilor5 Amoulll laMii)g due on• y•ai NÈI cuiiini a#o15 To141 dsseis len curreNt ljibililit¥ Cirdiiois Ami?Ullls lallinq due allti mole ihari oli• year Ilot.14spIs èxcludiiig pe$lln a$5ei 01 Iiabrlily Tulal Iiet 33S*1s 1171ai 63.935 1.569.870 18 15?9.5?71 1.040.313 1,040.343 1.502.G54 1536.9371 96Jf.6.57 ,651 The luiids of Ihe thaiily 19 19 943.514 943A14 868.8?8 R•$eNps R?Vlluaiiori inerve .8?d 19 .8 96,8 Iheie accoursll have been Drepafed m acwid1t Wrth Its prLMmol Part 15 01 lh¢ Companiei Atl iÈlaling 10 small wmpaiitei Foi thè yeJi oiideo.71 Ma(¢h Xl?I The rofftpaiiy w4 entllled ro •nmplion undèr i•¢hon 477 01 ihe ComDaiiies Arl ?W relaimw lo smah co(npani Tho membtis have Iiol required the tomparty lo obialnan 41Jdn th 4¢(orrtaKe wrtn se¢iw)n 476 ol Ihi CompiillJQS Acl 2)6 Thp Oiiptiuts atlnowledue Iheir iewonsknjrfies lor ¢OfflPPrni wllh iequvtmenii ol the CompaniesA¢i Wlih iesperl Iv accouriliiig Ip.coids and the prepaiaiion ol accounts Appiu¥od b'i Ino htsdid ui, Mulptlga Charida
Revival Chrlstian Church Of Enfield Statement of Cash flows for the year ended 31 Marth 2021 2021 2020 Cash flows from operating artlvitles Net Income per Statement of Financial A¢tl¥lti 74.686 56,248 Ad5ustment$ for: Depreciation of propertyi plant and equipment Dividend5, Interest and rents from investments Increase In trade and other payable5 2,459 137,7631 2.921 1,3(M) 138.4611 273 Net cash provlded by operatlng a¢ti¥lties 42.303 19,360 C•sh Ilows from Investln8 arti¥itses Payments for property, plant and equipment Divldends, Inte5t and rent5 from investments 15.7951 37.763 38.461 Net cash from In¥estln8 artl¥ltSes 31,968 38,461 Cash flows from finan¢ln8 •ctlvltleJ Repayment of l)orrowin8S 17.4701 156,1371 Net cash used In flnanc•n8 actItIeS 17,4701 (56,1371 Increase In cash and cash equlvaltnts 66,801 Cash and cash equlvalents at the be8lnnln8 of the ye•r 18481 12,5321 Cash and cash equlv•lents •t the end ofthe year 65,953 18481 Components of cash •nd ¢aJh equl¥•lems Cash and bank balances Bank overdrafts 65.953 18521 65.953 18481 Page 8
Revival Christian Church Ix Enfield Notes to the Accounts for the year ended 31 Marth 2021 l Ac¢ountin8 polldes Basls of prepardtion The financial statements have been prepared in atcordano with Accountlng and Reporting by Chartties.. Statement of Recommended Practlce applicable to charitie5 preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffettive I January 20151- {Charities SORP IFRS 10211, the Financial Reportin8 Standard applicable In the UK and Republic of Ireland IFRS 102) and the Companies Act 2(])6. Change In basls of accountin8 or to prevlous accounts There has been no change to the accounling policies Ivaluation rules and method of accountingl slnce last year and no changes have been made to actounts for previou5 years. Fund accovntln8 Unre5trlded funds These are available for use at the dlscretlon of the tnistees In furtherance of the Desl8nated funds 8eneral objects of the charrty. These are unrestricted funds earmarked by the trustees for partlcular purposes. Revaluation funds These are unrestricted funds whlch include a revaluation reseNe representlng the restatement of investment assets at their market values. These are available for use subjert to restrictions imposed by the donor or through terms of an appeal. Restrlcted funds Income Recognitlon of Income Income is Included In the Statement of Financlal Actlvities ISOFAI when the charlty becomes entitled to. and vlrtually certain to receive. the income and the amount of the income can be measured wrth Sufficnt reliabllity. Income wlth rélated Where Income ha5 related expendlture the Income and related expendtture Is expenditure reported gross In the SOF Donatlons and legacles Voluntary Income recelved by way of grants, donations and 8lfts Is included In the the SOFA when recelvable and only when the Charity ha5 uncondftlonal entitlement to the Income. Tax reclaims on Income from tax reclaims is Induded In the SOFA Jt the same tlme as the donations and 81ft5 8tft/donation to which It relates. Donated servlces and facllitles These are only incl(rded in Income (with an equivalent amount In expendlturel where the benefit to the Charity is reasonably quantlfiable, measurable and material. Volunteer help Thevalue of any volunteer help recelved ts not included in the accounts. Investment Sncome This is included In the accounts when receivable. Gainslllos5esl on Thls includes any gain or loss resufting from revalulng investments to market value revaluatlon of fixed at the end of the year. assets Gains/llossesl on investment assets Thts includes any gain or1055 on the sale of investments. Page 9
RVal Christian Churfh 01 Enfield Notes to the Accounts Expenditure Recognition of expenditure Expenditure is re¢o8nised on an accruals basis. Expenditure includes any VAT which cannot be fulty recovered, and is reported as part of the expenditure to which ft relates. Expendlture on raislng funds These comprtse the costs associated with attracting voluntsry income, fundraisin8 Expenditure on tradlng costs and investment management Costs. These comprise the costs incurred by the Charity in the delfvery of Its activitles and charitable actlvities services in the furtherance of its objects, induding the maklng of grants and governance costs. All grant expenditure ts accounted for on an artual pard basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet pald. These include those costs aSS¢xiated wrth meeting the constitutional and statutory requirements of the Charity. Includlng any auditlindependent examlnation fees, Costs Ilnked io the strate8lc management of the Charrt¥. together wlth a share of other admintstratlon costs. Other expendrture These are sUPPOrt costs not allocated to a particular actlvlty. Grants payable Governance costs Taxatlon The charlty Is exempt from corporatk)n tax on Its charitable actfvltles. Tattglble fixed assets Ind depreclatlon Depreclatlon is provided at the followin8 annual rates In order to wrrte off each asset over It5 estlmated useful life.. Motor Vehicle Fixture, fittln85 and computer equipments 20% Straight line 25% StraSBht Ilne Tr•de •nd other debtors Trade and other debtots are reeo8nised at the settlement amount due after any trade dtscount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equlvalents Cash and cash equlvalents comprise cash at bank and on hand. demand deposits wlth banks and other short-term hlghly Ilquid investments with original maturities of three months or less and bank overdrafts. In the Statement of financial wsltlon, bank tr¥erdrafts are shown withln borrowin85 or current liabilltles. In the Statement of Cash Flows, cash and cash equlvalents are net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other creditors Short term treditors are measured at the transaction pri. Other creditors and provislons are recognlsed i I where the charlty has a present obligation resufting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measure(l or estimated reliabty. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Page 10
Revlval Chrlstian Churth Of Enfield Notes to the Accounts Leased assets Where the charity enters into a lease which entalls takin8 substsntialfy all the risks and WardS of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownershlp to charity are classified as operallng leases. Assets held under finance leases are initially recogntsed as assets of the charrty at their fair value at the inceptlon of the lease or, If lower, at the present value of the mlnimum lease payments. The corresponding liabillty to the lessor is included in the balance sheet date a5 a finance lease obligatlon. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interèst on the remainin8 balance of the liabilrty. Finance expenses are recognised immediatefy, unless they are diredty attributable to qualifying assets. in whlch case they are capitalised in accordance wlth the charity's policy on l)orrowing costs. Assets held under finance leases are depreciated in the same way as ¢Thned assets. Operatlng lease payments are reco8nised as an expense on a strai8ht-line basis over the lease term. In the event that lease In¢entfves are received to enter into operètlng leases, such InntIveS are recognised ès a liabilily. The a8gre8ate benefit of intsntives is re81$ed as a reduction of rental expense on a stral8ht-line basis. Penslon costs The charity operates a defined contribution plan for its employees. A defined contrlbution plan Is a pension plan under which the company pays fixed contributions into è separate entity. Once the contributions have been paid the tompany has no further payments obliBations. The contributlons are recognised as èxpenses when they fall due. Amounts not paid are shown in èccruals in the balance sheet. The assets of the plan are held separately from the company In independently administered fund5. Ro¢elpt of donated 8oods, fa¢llltles and se¢•$ All donated 8oods, faclllties and services received are COgnised withln Incomln8 resources and expendlture at an estimate of the value to the charltv. 2 Company status The company Is a private company limlted by 8uarantee and consequently does not have Share capital. Page 11
Revlval Christian Churth Of Enfield Notes to the Accounts 3 Ststement of Finanual Acti¥itles- prioryear Unrestrkted funds Totsl funds 2020 2020 Income and endowments from: Donations and legacles Charitable activlties Investments Other 204,831 967 li 38.450 244.259 204.831 li 38,450 1 244,259 1, Total Expendlture on: Raisln8 funds Charitable actfvitles Other 50,872 10,258 126,881 188,011 50,872 10,258 126,881 Total Net Income Net In¢ome before other 8aln5111055esl Other ialns and los. Net movement In funds Reconcillation of funds: Total funds brought forward Totsl funds carrled forward 188,011 56,248 56,248 56,248 56,248 56.248 56,248 9)9,409 965,657 909,409 965,657 4 Income Irom donatlons •nd le8ades Unrestrkted Totsl 2021 Total 2020 Offerings and tlthes Thanks8ivln8 Donation Building fund 116.785 116,785 132,327 11.939 28,057 32,508 204,831 2,547 47,568 166.900 2.547 47,568 166,9C Page 12
Revival Christian Church Of Enfield Notes to the Accounts 5 Income from charitable activities Totsl Totsl 2020 i 2021 Illumlnation fund raising SOG fund raisin8 Other charltable actlvities Income 545 ICK) 322 967 6 Ineorn• from in¥e5tments Totsl 2021 Total i 2020 i Interest recelved li li 7 other Income Unrestrfrted Total 2021 Total 2020 Gift ald received JRS Grant 25.226 12,537 37,763 25,226 12,537 37,763 38,450 1 38,450 , 11 8 Expendlture ralsln8 funds Unre5tr1rted Tot•1 Tot•1 , 2021 Costs of generoting voluntory Income Event 183 183 RCCG WEM Honourarlum Fundralsing trodlng costs Outreach work Books 31,308 2,409 14,209 1,565 1.450 1,565 1,450 2,496 450 365 365 3,563 3,563 50,872 Page 13
Revival Chrlstlan Church Of Enfield Notes to the Accounts 9 Expendlture on charltsble artivitles Unrestrirted Total 2021 Total 2020 Sxpenditure on choriroble oct1vitS Illuminatlon fund raisin8 SOG fund rai5in8 Other charttable artivwtles Income 2,500 960 6,198 Governonce costs 5.544 10,258 10 Analysls of yants Artlvlty or programme Total 2021 Total 2020 Grant Artlvlty or pro8ramm• Tot*1 2021 2020 ' Grant Page 14
Revlval Christlan Church Of Enfiekl Notes to th¢ Accounts 11 Other expenditure Unrestrfcted Totsl Total 2021 2020 | Contractor cost Retreat 6,580 1 | Other charitable expendilure Bank loan and overdraft interest payable Other Interest payable Employee costs Motor and travel costs Premises costs Amortisation, depreclatlon. Impairment, profitlloss on dlsposal of flxed assets General admlnlstratlve costs Legal and profÈsslonal Costs 5,380 5.380 5,283 1 19,373 19,373 26,037 135 135 266 1 57,627 8,933 IL645 57,627 8,933 11,645 37,291 9,462 11,719 2.459 2.459 1.300 15,318 15,318 27,486 677 120.870 120,870 126,881 12 Net Income Wore tr•nsfers Thls Is stated after chargin8'. Depreciation of owned flxed assets 13 Trustee remuneratlon and e¥penses One or more of the trustees ha5 been paid muneration in the current or prlor perlods. 2021 2020 2.459 14 Staff costs Salarles and wa8es Penslon costs 43.838 473 44,311 33,257 476 33,733 No employee recelved emoluments in excess of £60,OLM). The average monthly number of full time equivalent employees during the year was as follows.. 2021 Number 2020 Number Pastoral Administrative Others Page IS
Revrval Christran Churth Of EnrId Note5 to the Accounts 15 Tanglble fixed assets Fixture. ffttin8s and tomputer equipments Land afKI buildiry Motor Vehl¢le Tot•1 Cost or revaluatlon At l Aprll 2020 Additions At 31 March 2021 Depreclatlon and Impairment At l April 2020 Depreclation charge for the year At 31 March 2021 Net book values At 31 March 2021 At 31 March 2020 16 Debtors 1.5(M),I 10,699 28.038 5.795 33.833 1,538,737 5,795 1,544,532 1,5CL).CA 10,699 8.IIXI 28,038 36,138 1,3(K) 1.159 2.459 29.197 38,597 1,SCO. 1,5CI),CK)) 1.299 2,599 4,636 1,505,935 1 1.502,599 i 2021 2020 Other debtors 1,7 1,7 1,700 1,7 17 Credltors: amounts fallln8 due wlthln one year 2021 2020 Bank loan5 and overdrafts Other taxes and Social securtty Other creditors 852 676 121 1.649 91 3.627 3.718 18 Credltors: amounts fallin8 due after more than one year 2021 2020 Bank loans and overdrafts Other loans 263,955 265,572 529.527 267,677 | 269,320 536,997 Pa8e 16
Revlval Chrlstlan Church OF Enfiekl Notes to the Accounts 19 Movement in funds IncomiTrd resources Ilndudin8 other At l Aprfl 8ainsllosses 2020 Resources expended At31 March I 2021 ReStrIct funds: Unrestrlrted lunds: General funds 868.828 204,663 1129.977) 943,514 Re¥alu•llon Reserves: Revaluat5on fund 96,829 96,829 96,829 i 1129,9771 1.040,343 Total revaluotlon ffserves 96,829 Totsl funds 965,657 204.663 Purposes and restriclions In relatlon to the fvnds- Revaluation sere5 Represent the amount by whlch investments èxceed thelr historlc•l cost. 20 Analysls of not ass•ts ljetween funds Unrestrlcted R•strirted fvnds fund5 Total , Flxed assets Net current assets Credltors due In more than one year and provlslons 1,505,935 63,935 1,505,935 63,935 1529.5271 1529,5271 1529,5271 1,040,343 1,569,870 21 Recontlllallon ot net debt At31 Marth At l Aprll 2020 Cash flows 2021 Cash and cash equivalents Bank overdrafts 65,949 852 66,801 65,953 18521 18481 65,953 Borrowin85 Bank loans 1269.3201 {267,6771 1536,9971 3,748 3,722 7,470 1265,5721 1263,9551 1529,5271 Net debt 1537,8451 74.271 1463,5741 Page 17
Revlval Christlèn Churth Of Enfield Notes to the Accounts 22 Commltments Operotlng lease commltmeftts Annual commitments under non-cancelkble operating leases are as follows: 2021 Land and bulldlngs 2021 2020 Land and buildlnzs 2020 Other Other Operatin8 leases with expiry date.. Penslon commitments 2Q21 2020 The pension cost charge to the Company amounted to: 473 476 23 Related yrty dlsclosurns Cofttrollinqpqrty Page 18
Revtval Christian Church Of Enfield Detailed Statement of Flnancial Activities for the year ended 31 Marth 2021 Unrertricted nds Totsl fund5 Total fvnds 2021 2021 2020 Income and endowments from: Donatrons and legacies Offerings and tlthes Thanksgfvlng Donation Building fund 116,785 116.785 132,327 11,939 28,057 32,508 204,831 2,547 47.568 I66.}0 2.547 47,568 166,9(K) Charltable activltles Illumlnation fund ralsing SOG fund raisln8 Other charltable activities Income 545 Ic 322 967 Investments Interest received li Other Glft ald received JRS Grant li 25,226 12.537 37,763 204,663 25,226 12,537 37,763 38,450 Total Income •nd endovlments Empenditure on: Costs of 8eneratln8 donatlons and legacies Event RCCG WEM 38,450 204,663 244,259 183 1,565 1,450 3,198 183 31,308 Honourarium 1,565 1.450 3.198 14,209 47,926 Costs of other tradln8 activitSes Outreach Work Books 2,496 450 2,946 365 365 365 365 Total of expendlture on ralslng fvnd5 3.563 3,563 50,872 Charitable actlvities Illumination fund raising SOG fund raising Other charitable activities income 2,5LX) | 6,198 10,258 Pa8e 19
Revival Christian Churth 01 Enfield Detailed Statement of Flnandal Artl¥itles Total of expenditure on charftable activltie5 5.544 10,258 Other expenditure Contractor cost Retreat Other charitable expendlture Bank loan and i)verdraft interest payable Other Interest payable 6.580 780 5,283 5,380 5.380 19,373 19,373 26,037 135 135 24,888 266 Employee costs Salaries/wages Pension Costs Staff entertalnment Staff trainin8 Staff weffare Volunteer expenses 24.888 38,946 43.838 473 43.838 473 33,257 476 275 3.283 5,260 7,7C6 350 57.627 5,260 7,706 350 57,627 Motor and travel costs Vehlcles- General costs Vehlc1é5 - Fuel Vehicles- Insurance and licences Travel and subsistence 37,291 575 897 7.461 575 897 7,461 1,243 6,192 2.008 19 9,462 Premlses costs Rates Llght, heat and power Premises cleanlng Premlses repalrs and maintenance Other premlses costs 8,933 8,933 1,836 7,556 1,836 7,556 1,968 7.193 1,828 1,753 1,753 730 s(j 11,645 General admlnlstratbve costs. Including depreclatlon and amortlsation Depreclatlon of Motor Vehicle Depreciation of Fixture, fittings and computer equipments. Bank char8es Equipment expensed Securlty expenses Equipment repairs and maintenance Health & safety expenses General Insurances Information and publications 11.645 11,719 1,31)) 1.3(Ki 1.159 1,159 3.320 683 3.320 683 1.486 5,230 209 1.486 1.453 290 1,355 32 1,355 32 796 10.079 Pa8e 20
Revival Chrfstian Church 01 Enfield Detalled Statement of Flnandal Artivi Postage and couriers Software. IT support and related Costs 251 251 97 419 419 1,509 Stationery and prlntin8 Subscriptions Sundry expenses Telephone, fax and broadband 896 896 409 23 6,154 17.777 481 409 23 6.154 17,777 59 7,109 28,786 Legal and professional c05ts Branded clothing 677 677 Total of expendlture of other costs Totsl expendlture Net galns on irwestments 120,870 120,870 129,977 126,881 129.977 188,011 Net Income 74.686 74,686 56,248 Net Income before oth•r 8•lnsl{lasses) Other Galns 74,686 74,686 56,248 Net movement In funds 74,686 74,6B6 56,248 Reconclllatlon of funds.. Total funds brought forward 965,657 %5,657 909,409 Total funds carrled lorwanl 1,040,343 1,040,343 965,657 Page 21