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: 

……………………………… 

……………………………… 

…………………………….. 



## THE REDEEMED CHRISTIAN CHURCH OF GOD 

## COVENANT RESTORATION ASSEMBLY, DUDLEY 

## STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2021 

|Income:<br>Collections- offerings<br>Project funds<br>Pledge and special offerings<br>Thanksgiving<br>Tithes and appeals<br>Pledge and building fund<br>Income<br>Less: Administrative expenses<br>Promotion and advertising<br>Repairs and maintenance<br>General administrative<br>Light, heating and water<br>Security<br>Pastorate expenses<br>Rent and rates<br>Volunteers' expenses & travel<br>Legal and professional fees<br>Charity donations<br>Bank and other financial charges<br>Printing, postage & Stationeries<br>Depreciation<br>Evangelism and Welfare<br>Insurance<br>Telephone and internet<br>Misc.<br>Net income (deficit) for the year|165<br>-<br>1,068<br>360<br>5,254<br>19,926<br>561<br>979<br>4,369<br>764<br>681<br>2,576<br>11,412<br>1,524<br>2,427<br>227<br>52,293||2021<br>25,349<br>3,219<br>5,425<br>1,689<br>18,674<br>-|
|---|---|---|---|
||||54,356<br>-52,293|
||||2,063|





## THE REDEEMED CHRISTIAN CHURCH OF GOD 

## COVENANT RESTORATION ASSEMBLY, DUDLEY 

## BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2021 

|Tangible Assets<br>Current Assets:<br>Cash in hand and bank<br>Current Liabilities:<br>Trade creditors & accruals<br>Net current assets (liabilities)<br>Creditors' due after one year:<br>Members loans<br>Represented by:<br>Accumulated funds b/f<br>Income (deficit) for the year|3,778<br>3,778<br>-400|3,778<br>3,778<br>-400|2021<br>11,737<br>3,378|
|---|---|---|---|
||||15,115<br>-12,362|
||||2,753|
||||690<br>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<br>Addition during the year<br>Depreciation year charge<br>NBV at 31 December 2018<br>NBV b/f at 1 January 2019<br>Addition during the year<br>Depreciation year charge<br>NBV at 31 December 2019<br>NBV b/f at 1 January 2020<br>Addition during the year<br>Disposal during the year<br>Depreciation year charge<br>NBV at 31 December 2020<br>NBV at 1 January 2021<br>Depreciation year charge<br>NBV at 31 December 2021|Church<br>Musical<br>Furniture<br>Equipment<br>& Fittings<br>Minibus<br>3,652<br>4,613<br>3,966<br>2,480<br>2,480<br>-<br>6,132<br>7,093<br>3,966<br>-1,104<br>-1,277<br>-714<br>5,028<br>5,816<br>3,252<br>5,028<br>5,816<br>3,252<br>-<br>4,639<br>-<br>5,028<br>10,455<br>3,252<br>-905<br>-1,882<br>-585<br>4,123<br>8,573<br>2,667<br>4,123<br>8,573<br>2,667<br>4,759<br>4,123<br>13,332<br>2,667<br>-2,667<br>4,123<br>13,332<br>-<br>-742<br>-2,400<br>-<br>3,381<br>10,932<br>3,381<br>10,932<br>-<br>-609<br>-1,968<br>-<br>2,772<br>8,965||Total<br>12,231<br>4,960|
||||17,191<br>-3,094|
||||14,097|
||||14,097<br>4,639|
||||18,736<br>-3,372|
||||15,363|
||||15,363<br>4,759|
||||20,122<br>-2,667|
||||17,455<br>-3,142|
||||14,313|
||||14,313<br>-2,576|
||||11,737|