THE REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY, DUDLEY
CHARITY NO: 1148087
INCOME & EXPENDITURE STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022
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 2022
| Income: Collections- offerings Project funds Pledge and special offerings Thanksgiving Tithes and appeals Pledge and building fund Less: Administrative expenses Promotion and advertising Repairs and maintenance Subscriptions Light, heating and water Security Pastorate expenses Rent and rates Volunteers' expenses & travel Legal and professional fees Charity donations & honorarium Bank and other financial charges Printing, postage & Stationeries Depreciation Evangelism and Welfare Insurance Telephone and internet Misc. Net income Deficit for the year |
785 423 1,436 780 7,374 19,947 7,543 500 16,337 1,753 438 2,492 15,226 1,156 2,098 768 79,055 |
2022 36,873 8,894 4,133 23,394 - |
|
|---|---|---|---|
| 73,294 -79,055 |
|||
| -5,761 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2022
| Tangible Assets Current Assets: Cash in hand and bank Current Liabilities: Trade creditors & accruals Net current assets (liabilities) Creditors' due after one year: Represented by: Accumulated funds b/f Income (deficit) for the year |
1,125 1,125 -400 |
1,125 1,125 -400 |
2022 3,810 725 |
|---|---|---|---|
| 4,535 | |||
| 4,535 | |||
| 2,753 -5,761 |
|||
| -3,008 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2022
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 2022
SCHEDULE OF FIXED ASSETS
| SCHEDULE OF FIXED ASSETS | ||||
|---|---|---|---|---|
| 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 NBV at 1 January 2022 Addition during the year Depreciation year charge NBV at 31 December 2022 |
Musical Equipment & 4,123 |
Church Furniture Fittings Minibus 8,573 2,667 4,759 13,332 2,667 -2,667 13,332 - -2,400 - 10,932 10,932 - -1,968 - 8,964 8,964 8,964 -1,614 16,315 |
Total 15,363 4,759 |
|
| 4,123 | 20,122 -2,667 |
|||
| 4,123 -742 |
17,455 -3,142 |
|||
| 3,381 | 14,313 | |||
| 3,381 -609 |
14,313 -2,576 |
|||
| 2,772 | 11,737 | |||
| 2,772 2,108 |
11,737 2,108 |
|||
| 4,880 -878 |
13,845 -2,492 |
|||
| 8,882 | 11,353 |