| Pages | |||
|---|---|---|---|
| Report ofthe | Trustees | 1-5 | |
| Independent | Auditors' | Report | |
| Statement of | Financial | Activities | |
| Balance Sheet | |||
| Notes forming | part of | the Financial Statements | 9-12 |
| INCOME AND EXPENDITURE ACCOUNT | INCOME AND EXPENDITURE ACCOUNT | |||||
|---|---|---|---|---|---|---|
| Notes | Restricted | Unrestricted | Total | Total | ||
| Funds | Funds. | 31/03/23 | 31/03/22 | |||
| INCOMING RESOURCES |
f | f | f | |||
| Incoming resources from | ||||||
| Charitable activities: |
||||||
| Donations, legacies R |
41,679 | 41,679 | 31,378 | |||
| Similar incoming resources | ||||||
| Total incoming Resources |
41,679 | 41,679 | 31,378 | |||
| RESOURCES EXPENDED | ||||||
| Charitable Expenditure: |
||||||
| Grants Payable | 5,559 | 5,559 | 3,452 | |||
| Costs ofactivities in furtherance |
3-7 | 26,850 | 26,850 | 23,060 | ||
| Of charity's Objects | ||||||
| TOTAL RESOURCES EXPENDED | 32,409 | 32,409 | 26,512 | |||
| Net Income/(Expenditure) | for | 9,270 | 9,270 | 4,866 | ||
| The year | ||||||
| NET MOVEIVIENT IN FUNDS | 9,270 | 9,270 | 4,866 | |||
| Reconciliation of Funds |
||||||
| Funds brought forward as at | 18,904 | 18,904 | 14,038 | |||
| 01April 2022 | ||||||
| Fund carried forward as | at | 28,174 | 28,174 | 18,904 | ||
| 31March 2023 |
| Year Ended | Year Ended | Year Ended | |||||
|---|---|---|---|---|---|---|---|
| 31/O3/2023 | 31/03/2022 | ||||||
| 1. | Donations &Grants | E | E | ||||
| Un-covenanted | (Tithes) | 23,289 | 18,199 | ||||
| Collection at services | (Offerings) | 6,366 | 4,793 | ||||
| Thanksgiving | 1,441 | 795 | |||||
| Seed Offering | 4,080 | 2,458 | |||||
| Gift Aid Reclaims | Received | 6,363 | 4,949 | ||||
| First Fruit Offering | 140 | 184 | |||||
| ~~179 | ~313 | ||||||
| 2. | Grants Paid | ||||||
| RCCG Central Office | Fund | 600 | 600 | ||||
| Other Charities | 2,683 | 532 | |||||
| First Fruit | 140 | 184 | |||||
| Compassion UK |
336 | 336 | |||||
| WEM | ~1800 | 1800 | |||||
| 3. | Direct Church Expenditure | ||||||
| Church Outreach | 2,413 | 1,049 | |||||
| Welfare | 914 | 332 | |||||
| I-Ionorarium | 550 | 650 | |||||
| Instrumentalist | 2 145 | 880 | |||||
| ~1 | |||||||
| 4. | Church Running | Expenses | |||||
| Rent | 10,800 | 10,800 | |||||
| Business Rates | 1,955 | 2,355 | |||||
| Cleaning & Repairs |
1,976 | 1,051 | |||||
| insurance | 599 | 599 | |||||
| Gas &Electricity | 782 | 1139 | |||||
| ~16 12 | ~1 | ||||||
| 5. | Administrative | Expenses | |||||
| 6. | |||||||
| Telephone | 741 | 787 | |||||
| Publicity, Printing |
& | Stationeries | 1,347 | 1,590 | |||
| Legal &Professional | Fees | 13 | 13 | ||||
| Training &Books | 1,950 | 492 | |||||
| Travel &Subsistence | 64 | 200 |
| Year | Ended | Ended | Year Ended | Year Ended | |||
|---|---|---|---|---|---|---|---|
| 31/03/2023 | 31/03/2022 | ||||||
| f | |||||||
| 7. | Depreciation | 601 | 1.123 | ||||
| 8.FIXEDASSETSSCHEDULE | |||||||
| Musical | Furniture | & | Computers | Total | |||
| Equipments | Fittings | ||||||
| f | f | f | f | ||||
| Cost as | at 1April 2022 | 9,079 | 2,545 | 1,949 | 13,573 | ||
| Addition | in the year | 0 | 0 | 0 | 0 | ||
| Balance | as at31March 2023 | 9~079 | ~2545 | ~1949 | ~13573 | ||
| Depreciation b/f 01/04/22 |
8,932 | 2,204 | 1,642 | 12,778 | |||
| Charge forthe period | 137 | 167 | 297 | 601 | |||
| Balance | asat31March 2023 | 9069 | ~2371 | 1939 | 13379 | ||
| Net BookValue | |||||||
| Balance | asat31March 2023 | ||||||
| Balance | asat31March 2022 | ~47 | 341 | 307 | 795 | ||
| 9. | CASH AT BANK AND IN HAND | ||||||
| Year Ended | Year Ended | ||||||
| 31/o3/zoz3 | 31/o3/zozz | ||||||
| f | f | ||||||
| Bank | ~26 | 688 | 18892 | ||||
| 10. | CREDITOR | f | f | ||||
| Loan falling due within 1Year | 708 | 783 |