2020-12-31-accounts - The Redeemed Christian Church Of God, Power Connections

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			Unrestricte~	Unrestricte~	Restricted	Total
				Fund	Fund	2020	2019
Incoming resources		Notes
Voluntary incomes Other income			1	129,613 0	0 0	129„613 90,021 0 0
Total incoming resources				129,613	0	129613	90,021
Resources expended
Church activities Fund raising			2	102,020 0	0 0	102,020 0	88,110 0
Total resources expended				102,020	0	102,020	102,020
Net incoming/(Outgoing)	resources
before transfers				27,593	0	27,593	(11,999)
Gross transfers between	funds				0	0
Net incoming/(Outgoing)	resources after			transfers
and before other recognised		gain/loss		27,593	0	27,593	11,999
Gain/(loss) on revaluation	and	disposal	of
investment assets					0	0
Net movement in funds				27 593	0	27,593	1 911
Total funds b/f at 1 January 2020				59,616	0	0	57,705
Total funds c/f at 31 December 2020				87,209	0	87,209	59,616

Balance sheet	a	t 31December 2020
			Notes		2020	2019
					6	6
Fixed assets
Tangible assets
Current assets
Prepayment Cash at bank and	in	hand		5 6	13,087 52,122	3,787 55,829
					65,209	59,616
Creditors: amounts		falling due within one year
Net current assets					65,209	59,616
Total assets less	current liabilities				65,209	59,616
Funds ofthe Charity
Unrestricted fund Restricted fund				7	65,209 0	59,616 0
Total Funds carried		forward			65,209	59,616

		UnrestrictedRestricted	UnrestrictedRestricted	Total
1.Incoming resources		Fund	Fund	2020 f	2019
Tithes		41,111.54	0.00	41,111.54	42,447.16
Offering		32,047.12	0.00	32,047.12	32,476.04
Thanksgiving Pledge Seed		4,879.00 0.00 2,980.00	0.00 0.00 0.00	4,879.00 0.00 2,980.00	3,768.46 5,699.00 3,740.00
Building Gift aid		4,240.62 44,355.18	0.00 0.00	4,240.62 44,355.18	1,890.00 0.00
		129,613.46	0.00	129,613.46	90,020.66
2.Resources expended
Rent Salaries PAYE/NIC/Pension Honorarium Council tax Repairs and renewals Insurance Telephone and communication		20,000.00 24,999.96 3,926.16 3,200.00 2,280.00 3,678.45 1,159.00 1,181.88	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	20,000.00 24,999.96 3,926.16 3,200.00 2,280.00 3,678.45 1,159.00 1,181.88	20,000.00 20,566.64 3,090.90 2,600.00 2,700.00 2,500.87 1,090.00 1,168.92
Stationery/Administrative Hospitality/Welfare Transport and travelling Legal/professional fees	expenses	5,280.00 27,180.00 2,510.00 880.00	0.00 0.00 0.00 0.00	5,280.00 27,180.00 2,510.00 880.00	4,288.00 18,878.00 5,660.80 0.00
Accounting fee Bank and financial charges		1,440.00 105.00	0.00 0.00	1,440.00 105.00	1,200.00 78.00
Remittan ces		4,200.00	0.00	4,200.00	4,287.51
		102,020.45	0.00	102,020.45	88,109.64

Notes to the Financial St	Notes to the Financial St	atements	forthe year ende	d 31 December
3.Net incoming/(Outgoing)		resource,	2020	2019
				f.
This is stated after charging:
Depreciation			0	0
Accountancy	service		1,200	1,200
			2020	2019
				E
			Computer	Computer
4.Tangible	fixed assets		Equipment &Other	Equipment & Other
Cost:
At 1 January	2020		15,672	15,6?2
Addition
At 31 December 2020			15,672	15,672
Depreciation:
At 1 January	2020		15,672	15,672
Addition
At 31 December 2020			15,672	15,672
Net book value:
At 01 January 2020
At 31 December 2020