| Page | |||
|---|---|---|---|
| Company Information |
|||
| Report ofthe Director | |||
| Income and Expenditure | Account | ||
| Balance Sheet | |||
| Notes to the Financial Statements | |||
| Report ofthe Accountants | |||
| Detailed Income and Expenditure |
Account |
| Rcc Treasure House Of |
God |
|---|---|
| Com an Information |
|
| for the Year Ended 31 Jul | 2020 |
| DIRECTOR: | G Ajai | |||
| SECRETARY." | Mrs G Obi | |||
| REGISTERED OFFICE: | Gadebridge | Community | Centre The Nokes | |
| Galley Hill, Gadebridge |
||||
| Hemel Hempstead | ||||
| Hertford shire | ||||
| HP1 3LG | ||||
| REGISTERED NUMBER." | 07324586 (England | and | Wales) | |
| ACCOUNTANTS: | ACCOUNTS | SOLUTIONS | ||
| 17 | ||||
| PARR CRESCENT | ||||
| HEMEL HEMPSTEAD | ||||
| Hertford shire | ||||
| HP2 7LJ |
| 31.7.20 | 31.7.19 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| DONATIONS | 52,629 | 70,087 | |||||
| Distribution costs |
45,074 | 44,887 | |||||
| Administrative expenses |
27,219 | 43,550 | |||||
| 72,293 | 88,437 | ||||||
| (19,664) | (18,350) | ||||||
| Other operating income |
12,424 | 19,600 | |||||
| OPERATING (DEFICIT)/SURPLUS | 2 | (7,240) | 1,250 | ||||
| Income from fixed asset | investments | 1,920 | 1,950 | ||||
| Interest receivable and |
similar | ||||||
| income | |||||||
| 1,931 | 1,959 | ||||||
| (DEFICIT)/SURPLUS | ON ORDINARY | ||||||
| ACTIVITIES BEFORE TAXATION | (5,309) | 3,209 | |||||
| Tax on (deficit)/surplus | on ordinary | ||||||
| activities | 3 | ||||||
| (DEFICIT)/SURPLUS | FOR THE | ||||||
| FINANCIAL YEAR | ~5,3D9) | 3,209 |
| Rcc Treasure House O | f God Re |
istered number: | 07324586 | |
|---|---|---|---|---|
| Balance Sheet | ||||
| 31 Jul 2020 |
||||
| 31.7.20 | 31.7.19 | |||
| Notes | F | |||
| CURRENT ASSETS | ||||
| Cash at bank | 47,234 | 52,543 | ||
| TOTAL ASSETS LESS | CURRENT | |||
| LIABILITIES | 47,234 | 52,543 | ||
| RESERVES | ||||
| Income and expenditure | account | 4 | 47,234 | 52,543 |
| 47,234 | 52,543 |
| The opera | ting deficit ( |
2019 - operating surplus) is stated a |
fter charging: | |
|---|---|---|---|---|
| 31.7.20 | 31.7.19 | |||
| Foreign exchange differences | 7 | |||
| Director's | remuneration | and other benefits etc |
| 31.7.20 | 31.7.19 | ||||||
|---|---|---|---|---|---|---|---|
| DONATIONS | |||||||
| TITHE | 33,197 | 46,464 | |||||
| Offerings | 14,045 | 15,801 | |||||
| Thanks Giving |
2,429 | 3,842 | |||||
| MISSION | 664 | 690 | |||||
| First Fruit | 2,294 | 3,290 | |||||
| 52,629 | 70,087 | ||||||
| Other income | |||||||
| Others | 1,138 | 3,561 | |||||
| Gift Aid | 11,286 | 16,039 | |||||
| Building | 1,920 | 1,950 | |||||
| Deposit account interest | 11 | 9 | |||||
| 14,355 | 21,559 | ||||||
| 66,984 | 91,646 | ||||||
| Expenditure | |||||||
| Wages | 34,810 | 33,494 | |||||
| Social security | 9,570 | 9,887 | |||||
| Depreciation oftangible |
fixed assets | ||||||
| Plant and machinery | 405 | 989 | |||||
| Computer equipment |
89 | 217 | |||||
| Donations | 200 | 300 | |||||
| Rent | 8,060 | 11,278 | |||||
| Central Office Administration | 7,877 | 1,400 | |||||
| Insurance | 248 | 245 | |||||
| Provincial Office Administrati |
600 | 600 | |||||
| Training | 1,877 | ||||||
| Telephone | 568 | 486 | |||||
| Post and stationery | 547 | 648 | |||||
| Travelling | 216 | 2,453 | |||||
| National Programme |
1,037 | ||||||
| BOOK | 153 | 359 | |||||
| Ministers Honorarium |
1,522 | 3,803 | |||||
| Special Programmes | 18 | ||||||
| weddings/bereavement | 439 | 100 | |||||
| Help 8 Care | 570 | 222 | |||||
| Sundry expenses | (11) | ||||||
| First Fruit | 174 | 2,367 | |||||
| Holly Communion | 70 | 89 | |||||
| World Envangelical | Missions | 2,848 | 13,201 | ||||
| Accountancy | 670 | 670 | |||||
| Mission | 529 | ||||||
| Legal fees | 432 | ||||||
| Exchange losses/Balancing | Adju | 7 | |||||
| Entertainment | 1,893 | 1,266 | |||||
| Carried forward | 72,041 | 66,984 | 87,974 | 91,646 |
| Detailed Income and Ex enditure Acc for the Year Ended 31 Jul 2020 |
ount | |||
|---|---|---|---|---|
| 31.7.20 | 31.7.19 | |||
| F | ||||
| Brought forward | 72,041 | 66,984 | 87,974 | 91,646 |
| 72,041 | 87,974 | |||
| (5,057) | 3,672 | |||
| Finance costs | ||||
| Bank charges | 252 | 463 | ||
| NET (DEFICIT)/SURPLUS | (5,309) | 3,209 |