| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| INCOMING RESOURCES |
E | E | |||
| Donations, legacies &similar |
incoming resources | 64,402 | 62,379 | ||
| Activities in furtherance ofcharity's object |
12,285 | 12,085 | |||
| Total Incoming Resources | 76,686 | 74,464 | |||
| RESOURCES EXPENDED | |||||
| Grants Paid | 17,842 | 20,079 | |||
| Charitable Expenditure |
54,432 | 46,279 | |||
| Management and Governance |
Cost | 4,503 | 5,725 | ||
| Total Resources Expended | 76,777 | 72,084 | |||
| Net Incoming/(Outgoing) | Resources for the year | (91) | 2,381 | ||
| BALANCE AT BEGINNING | OF THE YEAR | 15,591 | 13,210 | ||
| BALANCE AT ENDING OF | THE | YEAR | 15,500 | 15,591 |
| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| FIXED ASSETS | E | E | |||
| Tangible Assets | 14,317 | 14,163 | |||
| CURRENT ASSETS | |||||
| Debtor and Prepayments | |||||
| Cash and bank balances | 8 | 1,758 | 2,278 | ||
| 1,758 | 2,278 | ||||
| SHORT TERM LIABILITIES | |||||
| Creditors (amount | falling due within | a year) | 575 | 850 | |
| NET CURRENT ASSETS | 1,183 | 1,428 | |||
| LONG TERM LIABILITIES | |||||
| Creditors (amount | falling due after | more than one year) | |||
| NET ASSETS | 15,500 | 15,591 | |||
| CHARITY FUNDS | |||||
| Accumulated Funds |
10 | 15,500 | 15,591 | ||
| 15,500 | 15,591 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 2. DONATIONS, | LEGACIES AND | SIMILAR | |||
| INCOMING | RESOURCES | ||||
| Collection | at all | services | 64,402 | 62,379 | |
| Other Collections | |||||
| 64,402 | 62,379 | ||||
| 2021 | 2020 | ||||
| 3.ACTIVITIES IN FURTHERANCE | OF CHARITY OBJECT | E | 6 | ||
| Grant received | —Gift Aid | 12,285 | 12,085 | ||
| Grant received | —Others | ||||
| 12,285 | 12,085 |
| 4.Grant Paid | 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Grant Paid (Non-Institutional) | ||||||||||
| Pastorate | 2,060 | |||||||||
| Members welfare/Hospitality |
Grant | 3,940 | 6,210 | |||||||
| 3,940 | 8,270 | |||||||||
| Grant Paid (Institutional) | ||||||||||
| Other Charitable | giving | —UK | 3,625 | 9,350 | ||||||
| Charitable giving |
- | overseas | ||||||||
| 3,625 | 9,350 | |||||||||
| List of Major Institutional | grant paid | |||||||||
| RCCG WEM | 6,122 | 1,689 | ||||||||
| RCCG Contribution | - | Central Office support | 275 | 300 | ||||||
| RCCG Contribution | - | Area | &.Provincial | Office support | 1,480 | 470 | ||||
| Festival of Life & | Other | Evangelism | Support | 2,400 | ||||||
| 10,277 | 2,459 | |||||||||
| Total | 17,842 | 20,079 | ||||||||
| 2021 | 2020 | |||||||||
| 5.COST OF ACTIVITIES | IN FURTHERANCE | OF CHARITY OBJECT | ||||||||
| Employee Cost |
13,665 | 11,385 | ||||||||
| Pension Cost | 645 | 541 | ||||||||
| PAYE & NIC | 1,632 | 786 | ||||||||
| Rent | 20,340 | 21,520 | ||||||||
| Meetings, Training |
&Development | 1,766 | 560 | |||||||
| Stationeries &Printing |
326 | 630 | ||||||||
| Honorarium | 6,250 | 7,700 | ||||||||
| Travels | 1,176 | 920 | ||||||||
| Repairs, Maintenance | &Miscellaneous | 894 | 686 | |||||||
| Refreshment | 6,476 | 621 | ||||||||
| Telephone, Internet |
&Postage | 1,263 | 931 | |||||||
| 54,432 | 46,279 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| 6.MANAGEMENT | & GOVERNANCE | COST | ||||||
| Administrative | 853 | 2,000 | ||||||
| Accountancy | fee | 575 | 450 | |||||
| Insurance, Licence 8 Legal Fee |
826 | 1,266 | ||||||
| Depreciation | 2,249 | 2,009 | ||||||
| 4,503 | 5,725 | |||||||
| Musical | Furniture | & | Motor | |||||
| 7.TANGIBLE FIXED ASSET | Instruments | Fittings | Vehicle | Total | ||||
| Cost | 6 | E | ||||||
| At 1January 2021 | 2,369 | 13,405 | 4,315 | 20,089 | ||||
| Additions during |
the year | 1,953 | 450 | 2,403 | ||||
| At 31December | 2021 | 4,322 | 13,855 | 4,315 | 22,492 | |||
| Depreciation | ||||||||
| At 1January 2021 | 237 | 4,394 | 1,295 | 5,926 | ||||
| Charged for the year | 432 | 1,386 | 432 | 2,249 | ||||
| At 31December | 2021 | 669 | 5,780 | 1,727 | 8,175 | |||
| Net BookValue | ||||||||
| At 31December | 2021 | 3,653 | 8,076 | 2,589 | 14,317 | |||
| At 31December | 2020 | 2,132 | 9,011 | 3,020 | 14,163 | |||
| 2021 | 2020 | |||||||
| 8. CASH !kBANK | BALANCES | |||||||
| Cash at hand | ||||||||
| Bank Balance | 1,758 | 2,278 | ||||||
| 1,758 | 2,278 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 9.CREDITORS: AMOUNT | FALLING DUE WITHIN ONE YEAR | |||
| Owings | 575 | 850 | ||
| 575 | 850 | |||
| 2021 | 2020 | |||
| 10.RESERVE (CHARITY FUNDS) | f | |||
| Income | Rt Expenditure | Account b/f | 15,591 | 13,460 |
| Pnor Year Adjustment | (250) | |||
| Income | 8t Expenditure | Account (current year) | (91) | 2,381 |
| 15,500 | 15,591 |