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2022-12-31-accounts
Contents Page
Legal and Adminstrative Information
Report ofthe Trustees
Statement
of Trustees'		 Responsibilities
Independent
Examiner's		 Report
Statement ofFinancial Activities 10
Balance Sheet
Notes to the Accounts

Administrative Administrative Administrative information information
Charity Name: RCCG
—Winners'
Way		 Loughton
Charity Registration Number: 1148462
Registered Office Address: 70, Rainbow Road, Erith, Kent, DA8 2ED
Trustees: Mrs Oluyemisi
Bamgbose
Mrs Aderonke Olufunmilayo Adelakun
Mr Olufemi Fatayo Jimoh
Mr Olufunso Oladeinde Martins
Mrs Olayinka Owa
Accountant: 678 Consult Limited
100Lincoln Road
Erith
Kent
DA8 2DT
Bankers: HSBC Bank Plc
1 Centenary Square
Birmigham
Bl 1HQ

Name Appointed
Mrs Oluyemisi Bamgbose 3August 2012
Mrs Aderonke Olufunmilayo Adelakun 3August 2012
Mr Olufemi Fatayo Jimoh 3August 2012
Mr Olufunso Oladeinde
Martins		 3August 2012
Mrs Olayinka Owa 26 March 2021

The financial posit ion ofthe charity at the 31 December 2022 a nd comparatives
for the prior period.
2022 2021
R R
Net income 9,852 17,781
Unrestricted revenue funds available for the
general purposes of the charity 75,562 65,710
Restricted revenue fund
Total funds 75,562 65,710

2022 2021
Unrestricted Restricted
Notes Funds Funds Total Funds Total Funds
R F
Income from:
Donations 78,460 78,460 73,119
Others 4,311 4311 4,098
Total income 82,771 82771 77,217
Expenditure on:
Charitable
activities		 72,919 72,919 59,436
Total expenditure 72,919 72,919 59,436
Net income for the year 9,852 9,852 17,781
Net income after transfers 9,852 9,852 17,781
Net movement
in funds		 9,852 9,852 17,781
Reconciliation
offunds:
Total funds brought forward 65,710 65,710 47,929
Adjustment to reserve
Total funds carried forward 75,562 75,562 65,710

2022 2021
Fixed assets Notes R R
Tangible assets 9 5,428 8,943
Current assets
Debtors 10 1,578 4,457
Cash at bank and in hand 72b495 58,367
74,073 62,824
Creditors 3,939 6,057
Net current assets 70,134 56,767
Net assets 13 75,562 65,710
Unrestricted funds:
Unrestricted revenue fund 13 75,562 65,710
Total funds 75,562 65,710

2.Donations Unrestricted Restricted 2022 2021
R R
Tithes, offering and thanksgiving 78,460 78,460 73,119
Gift aid
Total donations 78,460 78,460 73,119
3.Other Income Unrestricted Restricted 2022 2021
R R
Others 4,311 4,311 4,098
Total other income 4,311 4,311 4,098
Church Support Governance
4.Charitable expenditure Work Cost Costs 2022 2021
R R R
Charitable
activities
Ministry costs 55,099 55,099 44,787
55,099 55,099 44,787
Support costs
Administration 8,776 8,776 6,857
Premises 2,840 2,840 2,200
Others 5,604 5,604 5,192
11,616 5&604 17,220 14,249
Governance costs
Professional
fees		 600 600 400
600 600 400
Total charitable expenditure 66,715 5,604 600 72,919 59,436
5.Net surplus before tax in the financial year 2022 2021
R
This is stated after charging:
Depreciation 5,037 5,009
5,037 5,009
6.Income and expenditure account summary 2022 2021
4 R
At 1January 2022 65,710 47,929
Surplus
after		 tax for the year 9,852 17,781
At 31December 2022 75,562 65,710

Notes forming part of the financ ial statem ents
for th		 e year ended 31Decembe r 2022
9.Tangible fixed assets Motor Music Media Office Furniture
)b		 Total
Vehicle Equipment Equipment Equipment Fittings
COST R R R R R
At 1January
2022		 15,970 8,448 1&206 7,466 1&385 34,475
Additions
in the period		 1,522 1,522
At 31December 2022 15,970 8,448 1&206 8,988 1385 35,997
DEPRECIATION
At 1January
2022		 13,490 7,377 482 3,027 1,156 25,532
Charge for the period 2,360 713 241 1,632 90 5,037
At 31December 2022 15,850 8,090 723 4,659 1,246 30,569
NET BOOK VALUE
At 31December 2021 2&480 1,071 724 4&439 229 8,943
At 31December 2022 120 358 483 4;329 139 5&428
10.Debtors 2022 2021
R
Debtors 1,100 4,000
Prepayment 478 457
1,578 4,457
11.Creditors 2022 2021
Accruals
—Accountancy		 fees 350 400
Creditors
—WEM R COF		 1,439 1,257
—Pastor's allowance 1&700
—Others 450 4,400
3&939 6,057
12.Analysis ofnet assets between funds Unrestricted Restricted
Funds Funds 2022 2021
R R K
Tangible
fixed assets		 5,428 5,428 8,943
Current assets 74,073 74,073 62,824
Current
liabilities
Net assets at 31December 2021		 (3,939)
75,562		 (3,939)
75,562		 (6,057)
65,710
13.Movements
in funds		 At 1 Adjustment At 31
January to reserves Incoming Outgoing December
2022 Resources Resources 2022
k k S
Restricted funds
Total restricted
funds
Unrestricted
funds		 65,710 82,771 72,919 75,562
Total unrestricted
funds		 65,710 82,771 72,919 75,562
Total funds 65,710 82,771 72,919 75,562
2022 2021
R
Income 82,771 77,217
LESSEXPENDITURE
Ministry costs - charitable activities
Advert
8r, promotion		 463 929
Event/Evangelism 1,035 800
Transport
Bz Travel		 5,495 2,291
Entertainment 5,368 402
Musician 1,740 6,250
Pastor's allowance 12,227 10,200
WEM 5 COF 16,411 14,261
FOL 150 300
Welfare
8z gifts		 1,620 3,768
Donation to charities 9,839 4,886
Honorarium 752 700
55,099 44,787
Support costs - charitable activities
Premises costs
Rent 2,840 2,200
2,840 2,200
Administration
Printing
and stationery		 42 147
Bank charges 62
Telephone 487 376
Insurance 1,170 1,464
Subscription 1,293 1,127
Administrator's allowance 1,500 450
Books 8r, manuals 832 1,022
Website 930 334
Office expenses 80 200
ITexpenses 2,380 1,737
8,776 6,857
Other costs
Depreciation 5,037 5,009
Training 567 129
Sundry 54
5,604 5,192
Governance
costs - charitable		 activities
Professional 4consultancy fees
Accountancy
fees		 600 400
600 400
72,919 59,436
Surplus for the year 9,852 17,781
Surplus brought forward 65,710 47,929
Adjustment
to		 reserve
Surplus carried forward 75,562 65,710