| CONTENT | ||||
|---|---|---|---|---|
| Page | ||||
| Statutory | Information | |||
| Report of | the Trustees | |||
| Report of | the Accountants | |||
| Statement | of Financial Activities | |||
| Balance Sheet | ||||
| Notes to the accounts | 7- 10 | |||
| This does | not form part ofthe statutory | accounts | ||
| Income and Expenditure | Account |
| Principal | Address: | 45 LINDEN ROAD |
|---|---|---|
| BOGNOR REGIS | ||
| WEST SUSSEX | ||
| PO21 2AP |
| Accountants: | Alani Idowu S. | Co T/A Wollydee Associates |
|---|---|---|
| 51 Beechwood | Road | |
| Oldham | ||
| OLS 2N3 |
| STATEMENT OF FINANCIAl | ACTIVITIES | ||
|---|---|---|---|
| Unrestricted | Total | ||
| Funds | Funds | ||
| 2021 | 2020 | ||
| Note | f | f | |
| Incoming Resources |
|||
| Activities in furtherance ofthe charity's objects |
58,122 | 59,944 | |
| Investment Income |
|||
| Total Incoming Resources |
58 122 | 59944 | |
| Resources Expended | |||
| Cost ofgenerating funds |
1,098 | 1,464 | |
| Management and Administration |
53,321 | 57,031 | |
| Donation to other charities Total Resources Expended |
55495 | ||
| Net incoming resources before other recognised gains and losses |
3,703 | 1,449 | |
| Other recognised gains and losses |
|||
| Net movement in funds for the |
year | 3,703 | 1,449 |
| Balance Brought Forward | 15,241 | ||
| Total funds as at 5April 2020 | 3703 | 16699 |
THE REDEEMED CHRISTIAN CHURCH OF GOD {"RCCG") TRUE VINE PARISH REPORT AND FINANCIAL sfATEMENTS FOR THE YEAR ENDED 05 APRIL 2021 BALANCE SHEET AS AT 05 APRIL 2021 2021 2020 Note Tangible Flxed Assets 120 1.667 Current Assets Receivable Balance at bank and In hand 3,770 4,171 Curent Llabllltles Credltors.. Amount falling due wlthin I year Net Current Assets 187 527 3,583 3,644 Credltors Amount due more than l year Total Assets Less Curront Llabilltles Represented by: G•neral Fund• Unrestricted Funds io 3,703 3.216 Restricted Funds li 2.095 Approved by the trustee5 on 23 of February 2022 and slgned on Its behalf by: (Chairman)
| NOTES FORMING PART OF THE FINANCIAL | STATEMENTS | (continued) | |
|---|---|---|---|
| 2.Incoming Resources- Activities in furtherance ofcharity's objects |
2021 | 2020 | |
| E | |||
| Tithes and Offerings Building Fund |
53,122 5000 58,122 |
52,086 52,086 |
|
| Gift Aid | 7,858 | ||
| 58,122 | 59,944 | ||
| 3.Investment Income |
|||
| 2021 | 2020 | ||
| Interest received on bank deposit account |
|||
| 4.Cost ofGenerating Incoming Resources |
2021 f |
2020 E |
|
| Outreach events |
1,098 | '1,464 | |
| Publicity and Radio Ministry | |||
| Love offerings | |||
| 1,098 | 1,464 | ||
| S.Management and Administration |
2021 | 2020 | |
| Rent and Service charges Salaries and NI Church Administration 5.Office Car, Travelling and Accomodation Postage and stationery Telephone, Fax and Internet Training and Conferences Insurance |
1,530 37,859 1,628 384 272 3,127 |
6,515 34,819 2,325 2,290 1,565 380 985 1,945 |
|
| Equipment Repairs and Renewals Miscellaneous |
497 | 415 | |
| Accountancy and Bookkeeping |
785 | ||
| Bank charges Depreciation charged |
li546 | 1,908 | |
| 46,843 | 53,932 |
| NOTES FORMING | PART OF | THE FINA | NCIAL | STATEMENT | S (continued | ) | |
|---|---|---|---|---|---|---|---|
| 6.Tangible Fixed | Assets | ||||||
| Motor | Office | MA | Furniture | ||||
| ~a | EcCipmerLi | ~Eu~iroent | 5 Music | ~Fi tures | Total | ||
| Cost | |||||||
| Brought Forward |
3,550 | 1,420 | 820 | 5,600 | 1,330 | 12,720 | |
| Additions | |||||||
| Carried forward |
3,550 | 1420 | 820 | 5 600 | 1330 | 12,720 | |
| Depreciation Brought Forward Provided during |
the year | 319S 352 |
1278 142 |
738 82 |
4640 840 |
1200 130 |
11,054 1,546 |
| Carried forward |
3,550 | 1,420 | 820 | 5,480 | 1,330 | 12,600 | |
| Net Book Value | |||||||
| At 5th April 2020 | 120 |
| 7.Receivable | |||||
|---|---|---|---|---|---|
| Amount falling |
due | within | 1year | 2021 | 2020 |
| E | |||||
| 8.Creditors Amount falling |
due | after | more than 1 year | 2021 f |
2020 |
| 10.Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| 2021 f |
2020 f |
|||||
| Balance Brought | Forward | 1,767 | ||||
| Net movement | in Funds | for the | year | 1,449 | ||
| Balance Carried | Forward | 3703 | 3216 | |||
| 11.Restricted | Funds | |||||
| 2021 | 2020 | |||||
| f | ||||||
| This represents amount provided set aside for specific purpose. |
and | 2 095 |
| STATEMENT OF FINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|
| 2021 | ||||
| Incoming Resources |
||||
| Tithes and Offerings | 53,122 | 52,086 | ||
| Building Fund |
||||
| Other Income Gifts Aid Receivable |
e,ooo 58,122 58 122 |
52,086 7858 59944 |
||
| Resource Expended | ||||
| Cost ofgenerating funds Outreach events |
1,098 | 1,464 | ||
| Love offerings | ||||
| 1098 | 1464 | |||
| Charitable expenditure |
||||
| Donations to other charities |
3,478 | 3,099 | ||
| Management and Administration Rent and Service charges Salaries and NI Church Administration &Office Car, Travelling and Accomodation Postage and stationery Telephone, Fax and Internet Training and Conferences Insurance |
4,530 37,859 1,628 384 272 3,127 |
6,515 34,819 2,325 2,290 1,565 380 985 lr945 |
||
| Miscellaneous Accountancy and Bookkeeping Depreciation charged |
497 1546 |
415 785 1908 57 051 |
||
| Total Resource Expended | 54,419 | 58,495 | ||
| Excess of Incoming Resources Over Resource Expended |
3 703 | 1,449 |