## ## |||| |---|---|---| |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|