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2022-12-31-accounts

Notes 2022 2021
INCOMING
RESOURCES
f 6
Donations,
legacies gr similar
incoming resources 64,816 64,402
Activities
in furtherance
ofcharity's abject 13,090 12,285
Total Incoming Resources 77,906 76,686
RESOURCES EXPENDED
Grants Paid 9,517 17,842
Charitable
Expenditure
62,334 54,432
Management
and Governance
Cost 4,401 4,503
Total Resources Expended 76,252 76,777
Net Incoming/(Outgoing) Resources for the year 1,654 (91j
BALANCE AT BEGINNING OF THE YEAR 15,500 15,591
BALANCE AT ENDING OF THE YEAR 17,154 15,500
BALANCE SHEETAS AT31DECEMBER 2022
Notes 2022 2021
FIXEDASSETS
Tangible Assets 13,273 14,317
CURRENT ASSETS
Debtor and Prepayments
Cash and bank balances 8 4,580 1,758
4,580 1,758
SHORT TERM LIABILITIES
Creditors (amount falling due within a year) 700 575
NET CURRENT ASSETS 3,880 1,183
LONG TERM LIABILITIES
Creditors (amount falling due after more than one year)
NET ASSETS 17,154 15,500
CHARITY FUNDS
Accumulated
Funds
10 17,154 15,500
17,154 15,500

4.Grant Paid 2022 2021
Grant Paid (Non-Institutional)
Pastorate
Members welfare/Hospitality Grant 3,940
3,940
Grant Paid (Institutional)
Other Charitable giving —UK 3,260 3,625
Charitable
giving
- overseas
3,260 3,625
List ofMajor Institutional grant paid
RCCG WEM 4,357 6,122
RCCG Contribution —Central Office support 300 275
RCCG Contdibution —Area & Provincial Office support 1,600 1,480
Festival ofLife &.Other Evangelism Support 2,400
6,257 10,277
Total 9,517 17,842
2022 2021
5.COST OF ACTIVITIES IN FURTHERANCE OF CHARITY ORIECT
Employee Cost 17,588 13,665
Pension Cost 1,166 645
PAYE &.NIC 2,485 1,632
Rent 22,730 20,340
Meetings, Training &Development 981 1,766
Stationeries
&Printing
2.312 326
Honorarium 1,800 6,250
Travels 2,015 1,176
Repairs, Maintenance &Miscellaneous 1,350 894
Refreshment 9,093 6,476
Telephone,
Internet
&. Postage 815 1,263
62,334 54,432

2022 2021
6.MANAGEMENT gr GOVERNANCE COST E E.
Administrative 853
Accountancy fee 700 575
Insurance,
Licence gr Legal Fee
1,318 826
Depreciation 2,383 2,249
4,401 4,503
Musical Furniture 8 Motor
7.TANGIBLE FIXEDASSET Instruments Fittings Vehicle Total
Cost
At 1January 2022 4,322 13,855 4,315 22,492
Additions
during
the year 990 350 1,340
At31December 2022 5,312 14,205 4,315 23,832
Depreciation
At 1January 2022 669 5,780 1,727 8,175
Charged forthe year 531 1,421 432 2,383
At 31December 2022 1,200 7,200 2,159 10,558
Net BookValue
At 31December 2022 4,112 7,005 2,157 13,273
At 31December 2021 3,654 8,075 2,588 14,317
2022 2021
8.CASH gr BANK BAIANCES
Cash at hand
Bank Balance 4,580 1,758
4,580 1,758

2022 2021
9.CREDITORS: AMOUNT FALLING DUE WITHIN ONE YEAR
Owings 700 575
700 575
2022 2021
10.RESERVE(CHARITY FUNDS)
Income IEExpenditure Account b/f 15,500 15,591
Prior Year Adjustment
Income S.Expenditure Account (current year) 1,654 (91)
17,154 15,500