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2020-12-31-accounts

Reference and administrative
details ofthe charity
Reference and administrative
details ofthe charity
Trustees'
report
4-7
Independent
examiner's
report
Statement
of financial
activities
Balance sheet 10
Notes to the financial statements 11-14

Trustees Trustees Mrs S0 Ogunleye Mrs S0 Ogunleye
Pastor Olajide jolugbo
Miss Anthonia Ajibona
Miss Vivian Esoko
Mrs Irene Onomivbori:
Charity registration
number 1147159
Principal Office 87C Ladywell Road
London
SE137jA
Pastor in charge Pastor B M Adaralegbe
Accountant Resource Management Consultants Ltd
46 Hollywood Way
Erith
DA8 2QE
Bankers HSBC
38 High Street
Dartford
Kent
DA1 1DG

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2020 2020 2020 2019
Notes
INCOMING
RESOURCES
Donations,
legacies 5similar
incoming resources 70,363 70,363 74,409
Activities
in furtherance
ofcharity's
object
Grants received 2,174 19,462 21,636 1,881
Total incoming
resources
72,537 19,462 91,999 76,290
RESOURCES EXPENDED
Charitable
expenditure
Grants
payable - individuals
welfare
Grants
payable - institutional
3,124 3,124 2,603
Costs of activities
in furtherance
of
charities objects 46,402 19,462 65,864 68,133
Management
and governance
costs 2,293 2,293 1,317
Total resources expended 51,819 19,462 71,281 72,052
Net (outgoing}/incoming resources for year 20,718 20,718 4,237
Total funds at the start ofthe year 7,421 7,421 3,184
BALANCE AT END OF YEAR 28,139 28,139 7,421

Notes 2020 2019
f f
FIXED ASSETS
Tangible
Fixed assets
11,794 3,649
CURRENT ASSETS
Cash and bank balances 10 32,285 5,350
Debtors 11
32,285 5,350
LIABILITIES
Creditors 12
Trade creditor's
due within
12 months 489
Accrual: accountancy fees 700 1,089
700 1,578
Creditor's
due after more
than 1 year 15,000
NET ASSETS 28,379 7,421
CHARITY FUNDS
General
—unrestricted
1d 28,139 7,421
General
—restricted
le
TOTAL FUNDS 28,139 7,421

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2020 2020 2020 2019
2. DONATIONS,
LEGACIES AND
SIMILAR INCOMING RESOURCES
Collection
and other
donations - UNRESTRICTED
Planned
giving
52,756 52,756 61,449
Collection at all services
Accrued
gift aid
17,603 17,603 12,958
Other income 4 2
70,363 70,363 74,409
3.ACTIVITIES IN FURTHERANCE OF CHARITY'S OBjECT
Mothers day
Anniversary
donations
Christmas
lunch
on jesus
4. GRANT RECEIVED E E
HMRC's Employers NI relief 2,174 2,174 1,881
jRS GRANT 19,462 19,462
HMRC's Employers NI relief 2,174 19,462 21,636 1,881

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2020 2020 2020 2019
5. Grants payable - individuals f
Member's
welfare
Total
6. Grants payable
-
institutional E f f
Charitable
giving
-UK 3,124 3,124 2,603
Total 3,124 3,124 2,603
List of institutional grants payable f
RCCG WEM World Evangelism 3,124 3,124 2,074
RCCG Central
Office
Central Office Supp~ 379
Festival of Life Mission support 100
Others Mission support 50
Total grant payable - institutional 3,124 3,124 2,603
7. COST OF ACTIVITIES IN FURTHERANCE OF CHARITY'S OBjECTS
Visiting speakers expenses 2,410 2,410 2,420
Worship cost 190
Travel and subsistence 89 138
Hall hire, rent 5.rates 7,642 7,642 7,346
Mission and evangelism 1,200 1,200 2,516
Publicity
5.Media
590 590 1,371
Welfare 5.hospitality 3,250 3,250 3,471
Printing,
postage,
stationery 5 IT consumables 742 742 1,903
Music, liturgy 5.church group 880 880 2,975
Motor running
costs
1,742 1,742 2,704
Staff cost 13,762 19,462 33,224 33,431
Depreciation 4,704 4,704 2,318
Sundry expenses 1,038 1,038 1,824
Conference,
training
5 retreat 1,429 1,429 3 217
Insurance 986 986 337
Telephone 1,500 1,500 1,973
COVID Support 4,438 4,438
46,402 19,462 65,864 68,133
8. MANAGEMENT
AND
GOVERNANCE COSTS
Administration
cost
416 416
Proffessional
fees
- other 1.177 1,177 717
Examiner's
fees -
accountancy 700 700 600
2,293 2,293 1,317

Motor Motor Musical Computers Furniture 5 Total Total
Vehicle equipments 5.projectors Fittings 31-Dec 31-Dec
2020 2019
Cost E E E.
At 1 3anuary 2020 2,500 2,482 820 164 5,966 3,466
Additions 12,000 850 12,850 2,500
At 31 December 2020 14,500 2,482 1,670 164 18,816 5,966
Depreciation
At 1 3anuary
2020
625 1,242 410 41 2,318 826
Charge for the year 3,625 621 418 41 4,704 1,492
At 31 December 2020 4,250 1,863 828 82 7,022 2,318
Net book value
At 31 December 2020 10,250 620 843 11,794 3,649
At 31 December 2019 1,875 1,241 410 123 3,649
Year ended Year ended
10. CASH BALANCES 31-Dec 31-Dec
2020 2019
E
Cash and bank 32,285 5,350
11. DEBTORS Year ended Year ended
31-Dec 31-Dec
2020 2019
E E
Loans
12. CREDITORS Year ended Year ended
31-Dec 31-Dec
2020 2019
Trade creditor's due within 12 months 489
Accrual: accountancy fees 700 1,089
700 1,578
1i. CREDITORS Year ended Year ended
31-Dec 31-Dec
2020 2019
E
Due after more than one year 15,000

14. STAFF COST AND NUMBERS Year ended Year ended
Staff costs were as follows 31-Dec 31-Dec
2020 2019
f
Wages and salaries 31,500 31,500
Social security costs 1,881 1,881
Pensions 51 51
33,431 33,431
Year ended Year ended
The average number of employee during the year was as follows 31-Dec 31-Dec
2020 2019
No. No.
Pastoral
Charity administration
Total

15. NET INC OMING
RESOURCES/(RES
OURCES
EXPENDED)
Year ended Year ended
This is stated after charging 31-Dec 31-Dec
2020 2019
f f
Depreciation of tangible assets owned by the charity
Accountant's fees 700 600