THE REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY, DUDLEY
CHARITY NO: 1148087
INCOME & EXPENDITURE STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020
THE REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY, DUDLEY
TRUSTEE'S STATEMENT
The principal activities of the church is the provision of extensive range of spiritual, religious and charitable services, and intends to do so more in the year to come.
It is the Trustee's responsibility to ensure the financial statements prepared give a true and fair view of the state of affairs of the church as at the end of the Financial year, and the surplus/deficit for the year; and in addition, reasonable and prudent judgements and estimates have been used in the preparation of the accounts
And signed on behalf of the Trustees:
………………………………
………………………………
……………………………..
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2020
| Income: Collections- offerings Gift aid Project funds Pledge and special offerings Thanksgiving Tithes and appeals Pledges and other funds Less: Administrative expenses Promotion and advertising Repairs and maintenance General administrative Light, heating and water Security Pastorate expenses Rent and rates Volunteers' expenses & travel Legal and professional fees Charity donations Bank and other financial charges Printing, postage & Stationeries Depreciation Evangelism and Welfare Insurance Telephone and internet Misc. Net income (deficit) for the year |
2,001 - 144 1,235 7,959 18,234 1,707 1,760 6,536 977 1,244 3,142 24,496 325 2,954 - 72,714 |
2020 3,890 3,865 4,500 34,083 14,895 |
|
|---|---|---|---|
| 61,233 -72,714 |
|||
| -11,481 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2020
| Tangible Assets Current Assets: Cash in hand and bank Current Liabilities: Trade creditors & accruals Net current assets (liabilities) Creditors' due after one year: Members loans Represented by: Accumulated funds b/f Income (deficit) for the year |
380 380 -360 |
380 380 -360 |
2020 31,769 20 |
|---|---|---|---|
| 31,789 -31,097 |
|||
| 692 | |||
| 12,173 -11,481 |
|||
| 692 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2020
COMPILATION REPORT TO THE TRUSTEES
We have examined the accounts on page 3 according to Accounting principles of unaudited financial statements.
We report that the accompanying financial statements have been complied from records kept by the church and information supplied by the Trustees.
We have not audited the account and accordingly, do not express an opinion or any other form of assurance.
ALLY BOATMAN COLLINS (ACCOUNTANTS) 62 BEECHWOOD ROAD LONDON E8 3DY
THE REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY, DUDLEY
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2020
SCHEDULE OF FIXED ASSETS
| NBV b/f at 1 January 2018 Addition during the year Depreciation year charge NBV at 31 December 2018 NBV b/f at 1 January 2019 Addition during the year Depreciation year charge NBV at 31 December 2019 NBV b/f at 1 January 2020 Addition during the year Disposal during the year Depreciation year charge NBV at 31 December 2020 |
Church Musical Furniture Equipment & Fittings Minibus 3,652 4,613 3,966 2,480 2,480 - 6,132 7,093 3,966 -1,104 -1,277 -714 5,028 5,816 3,252 5,028 5,816 3,252 - 4,639 - 5,028 10,455 3,252 -905 -1,882 -585 4,123 8,573 2,667 4,123 8,573 2,667 4,759 4,123 13,332 2,667 -2,667 4,123 13,332 - -742 -2,400 - 7,504 24,265 - |
Total 12,231 4,960 |
|
|---|---|---|---|
| 17,191 -3,094 |
|||
| 14,097 | |||
| 14,097 4,639 |
|||
| 18,736 -3,372 |
|||
| 15,363 | |||
| 15,363 4,759 |
|||
| 20,122 -2,667 |
|||
| 17,455 -3,142 |
|||
| 31,769 |