OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) VICTORY CENTRE LEEDS THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) VICTORY CENTRE LEEDS THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) VICTORY CENTRE LEEDS
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES gt ADVISERS
FOR THE YEAR ENDED 31DECEMBER 2020
Trustees General Overseer
Dr Femi Fasae - Chairman Pastor EA Adeboye
Mr Nathaniel Amoah
Miss Deborah Olaleye
Pastor in Charge
Pastor David Abiodun
Charity Registration No
1147654
Bankers
Barclays Bank Pic
Registered Address 173Dewsbury
road
142 Highfield Chase Leeds
Dewsbury l5115EG
West Yorkshire
WF13 4DG
Independent
Examiner
Ayoks Consulting Limited
Worship Address (International
Accountant)
Malmarc
House
7th Floor
116Dewsbury Road The Balance
Beeston 2 Pinfold Street
Leeds Sheffieid
LS116XD 512GU

Notes 2020 2019
INCOMING
RESOURCES
E 6
Donations,
legacies gt similar
incoming resources 62,379 57,537
Activities
in furtherance
ofcharity's object 12,085 10,278
Total Incoming Resources 74,464 67,815
RESOURCES EXPENDED
Grants Paid 20,079 13,765
Charitable
Expenditure
46,279 47,301
Management
and Governance
Cost 5,725 4,760
Total Resources Expended 72,084 65,826
Net Incoming/(Outgoing) Resources forthe year 2,381 1,989
BALANCE AT BEGINNING OF THE YEAR 13,460 11,471
BALANCE AT ENDING OF THE YEAR 15,841 13,460

Notes 2020 2019
FIXEDASSETS
Tangible Assets 14,163 13,323
CURRENT ASSETS
Debtor and Prepayments
Cash and bank balances 8 2,278 887
2,278 887
SHORT TERM LIABIUTIES
Creditors (amount falling due within a year) 850 750
NET CURRENTASSETS 1,428 137
LONG TERM LIABIUTIES
Creditors (amount falling due after more than one year)
NET ASSETS 15,591 13,460
CHARITY FUNDS
Accumulated
Funds
10 15,591 13,460
15,591 13,460

3.ACTIVITIES IN FURTHERANCE OF CHARITY OBJECT 3.ACTIVITIES IN FURTHERANCE OF CHARITY OBJECT
Grant received —Gift Aid
Grant received - Others

4.Grant Paid 2020 2019
Grant Paid (Non-Institutional)
Pastorate 2,060
Members welfare/Hospitality Grant 6,210 6,017
8,270 6,017
Grant Paid (Institutional)
Other Charitable giving —UK 9,350 3,250
Charitable
giving
—overseas
9,350 3,250
List ofMajor Institutional grant paid
RCCG WEM 1,689 1,068
RCCG Contribution —Central Office support 300 300
RCCG Contribution —Area &Provincial Office support 470 1,975
Festival of Life & Other Evangelism Support 1,155
2,459 4,498
Total 20,079 13,765
2020 2019
5.COST OF ACTIVITIES IN FURTHERANCE OF CHARITY OBJECT
Employee Cost 11,385 12,212
Pension Cost 383
PAYE & NIC 786
Rent 21,520 20,867
Meetings, Training &Development 560
Stationeries 8 Printing 630 897
Honorarium 7,700 9,800
Travels 920 2,359
Repairs, Maintenance &.Miscellaneous 686
Equipments 138
Refreshment 621
Telephone,
Internet
&.Postage 931
46,279 47,301

2020 2019
6.MANAGEMENT
&GOVERNANCE
COST
Administrative 2,000 1,096
Accountancy fee 450 750
Insurance,
Licence &Legal Fee
1,266 1,190
Depreciation 2,009 1,724
5,725 4,760
Musical Furniture & Motor
7.TANGIBLE FIXEDASSET Instruments Fittings Vehicle Total
At 1January 2020 12,925 4,315 17,240
Additions
duding the year
2,369 480 2,849
At31December 2020 2,369 13,405 4,315 20,089
Depreciation
At 1January 2020 3,054 864 3,917
Charged forthe year 237 1,340 432 2,009
At31December 2020 237 4,394 1,295 5,926
Net BookValue
At 31December 2020 2,132 9,011 3,020 14,163
At31December 2019 9,871 3,451 13,323
2020 2019
8.CASH gi BANK BAlANCES 6 E
Cash at hand
Bank Balance 2,278 887
2,278 887

2020 2019
9.CREDITORS: AMOUNT FALLING DUE WITHIN ONE YEAR E E
Owings 850 750
850 750
2020 2019
10.RESERVE (CHARITY FUNDS)
Income &Expenditure Account b/f 13,460 11,471
Prior Year Adjustment (250)
Income &Expenditure Account (current year) 2,381 1,989
15,591 13,460