THE REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY, DUDLEY
CHARITY NO: 1148087
INCOME & EXPENDITURE STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021
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:
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THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2021
| Income: Collections- offerings Project funds Pledge and special offerings Thanksgiving Tithes and appeals Pledge and building fund Income 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 |
165 - 1,068 360 5,254 19,926 561 979 4,369 764 681 2,576 11,412 1,524 2,427 227 52,293 |
2021 25,349 3,219 5,425 1,689 18,674 - |
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|---|---|---|---|
| 54,356 -52,293 |
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| 2,063 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2021
| 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 |
3,778 3,778 -400 |
3,778 3,778 -400 |
2021 11,737 3,378 |
|---|---|---|---|
| 15,115 -12,362 |
|||
| 2,753 | |||
| 690 2,063 |
|||
| 2,753 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2021
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 2021
SCHEDULE OF FIXED ASSETS
| 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 NBV at 1 January 2021 Depreciation year charge NBV at 31 December 2021 |
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 - 3,381 10,932 3,381 10,932 - -609 -1,968 - 2,772 8,965 |
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 |
|||
| 14,313 | |||
| 14,313 -2,576 |
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| 11,737 |