THE REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY, DUDLEY
CHARITY NO: 1148087
INCOME & EXPENDITURE STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
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 2023
| 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 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 surplus for the year |
2,788 1,333 9,353 14,578 1,163 680 9,120 874 901 5,368 29,727 2,251 2,089 2,145 82,370 |
2023 53,507 2,566 6,503 10,585 38,326 - |
|
|---|---|---|---|
| 111,487 -82,370 |
|||
| 29,117 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023
| 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 surplus for the year |
5,754 5,754 -400 |
5,754 5,754 -400 |
2023 24,453 5,354 |
|---|---|---|---|
| 29,807 - |
|||
| 29,807 | |||
| 690 29,117 |
|||
| 29,807 |
THE REDEEMED CHRISTIAN CHURCH OF GOD
COVENANT RESTORATION ASSEMBLY, DUDLEY
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2023
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 2023
SCHEDULE OF FIXED ASSETS
| SCHEDULE OF FIXED ASSETS | |||
|---|---|---|---|
| NBV at 1 January 2022 Addition during the year Depreciation year charge NBV at 31 December 2022 NBV at 1 January 2023 Addition during the year Addition during the year Depreciation year charge NBV at 31 December 2023 |
Church Musical Furniture Equipment &Fittings Minibus 2,772 8,964 2,108 4,880 8,964 -878 -1,614 8,882 16,314 8,882 16,314 8,882 16,314 1,983 2,642 10,865 18,956 -1,956 -3,412 8,909 15,544 |
Total 11,736 2,108 |
|
| 13,844 -2,492 |
|||
| 25,196 | |||
| 25,196 | |||
| 25,196 4,625 |
|||
| 29,821 -5,368 |
|||
| 24,453 |