| STRUCTURE, GOVERNANCE | AND MANAGEMENT |
|---|---|
| OBJECTIVES5ACTIVITIES | |
| FINANCIAL REVIEW. |
|
| FINANCIAL STATEMENTS |
| Notes | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|
| f | f | ||||
| INCOMING | RESOURCES | ||||
| Voluntary | income | 62019 | 2325 | ||
| TOTAL INCOMING RESOURCES |
62019 | 2325 | |||
| REOURCES | EXPENDED | ||||
| Charitable | activites | 39039 | 1125 | ||
| TOTAL RESOURCES EXPENDED | 1125 | ||||
| MOVEMENT IN TOTAL FUNDS | |||||
| Forthe year 2023 | 22980 | 1200 | 24180 | ||
| Total funds | at 1January 2023 | 73213 | 1324 | 74537 | |
| Balance at | 31December 2023 | 96193 | 2524 | 98717 |
| AS AT3 | 1DECEM | BER 2023 | ||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Notes | ||||||
| FIXEDASSET | 1.3 | |||||
| Tangible Fixed Asset | ||||||
| CURRENT ASSETS | ||||||
| Debtors | 6 | 150 | 150 | |||
| Business Premium | Account | 6.1 | 32,996 | 32,685 | ||
| Cash at bank | 96,897 | 74,036 | ||||
| 130,043 | 106,871 | |||||
| CREDITORS: due within one year | ||||||
| NET CURRENT ASSETS | 130,043 | 106,871 | ||||
| TOTAL ASSETLESS | CURRENT LIABILITIES | 130,04K | 106,871 | |||
| CHARITY FUNDS | ||||||
| Restricted funds | 5,913 | 4,713 | ||||
| Unrestricted funds |
124,130 | 102,158 | ||||
| TOTAL FUNDS | 130,043 | 106,871 |
| Voluntary Inco |
me | me | |||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | ||
| funds | funds | funds | funds | ||
| gap% | 2023 | 2022 | |||
| f | f | f | f | ||
| Donations | 2,325 | 62,019 | 64,344 | 64,155 | |
| Collections and | other donations | 2023 | 2022 | ||
| General offering | 10,503 | 9,665 | |||
| Tithe | 37,573 | 35,436 | |||
| Thanksgiving offering |
568 | 2,587 | |||
| Special offering | 1,200 | 1,158 | |||
| Gift-Aid received | 13,064 | 10,391 | |||
| Savirig interest | received | 911 | 32 | ||
| Payments for Couple's Weekend | Away | 1,125 | 4,886 | ||
| Total | 64155 |
| Chari | table D |
onations t | o Institutions | |||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| E | f | f | E | |||
| New | Church | Planting | 250 | 250 | 4,735 |
| 4 | List ofInstitutions | Donations Payable |
Donations Payable |
|||
|---|---|---|---|---|---|---|
| Name ofinstitution | Donation description | 2023 | 2022 | |||
| f | f | |||||
| a | RCCG Central Office | Advancement | of Christian | 11,971 | 9,562 | |
| 11,971 | 9,562 |
| Advancement ofChristian Faith |
||||
|---|---|---|---|---|
| Basis of | 2023 | 2022 | ||
| Allocation | E | |||
| a. | Direct cost | |||
| Visiting speaker(Honorarium) | Actual | 500 | 594 | |
| Welfare 5Entertainment | Actual | 3,391 | 4,980 | |
| Conferences /Seminar | Actual | 690 | 5,761 | |
| 4,581 | 11,335 |
| Support cost Advancement ofChristian |
|||||
|---|---|---|---|---|---|
| Faith | Sasis of | 2023 | 2022 | ||
| Allocation | f | f | |||
| Rent | Actual | 9,412 | 6,784 | ||
| Equipment | Actual | 594 | |||
| Stationary/printing | 8 | other | Actual | 2,720 | 2,298 |
| instrumentalist | Actual | 9,055 | 11,025 | ||
| Books/Literature | Actual | 330 | 303 | ||
| Insurance Policy |
Actual | 270 | 101 |
| 21,787 | 10,866 | ||||
|---|---|---|---|---|---|
| c | Governance | Cost | 2023 | 2022 | |
| f | f | ||||
| Accountancy | |||||
| 6 | Debtors | 2023 | 2022 | ||
| f | |||||
| Refundable | Rent (London Borough Havering) | 150 | 150 | ||
| 150 | |||||
| 6.1 | Cash | 2023 | 2022 | ||
| f | f | ||||
| Gift aid Received | 10,391 | 10,391 | |||
| 7 | Unclear cheques | 2023 | 2022 | ||
| f | f | ||||
| Uncleared | cheques as at December | 2,316.57 | 2,324.84 | ||
| 2,316.57 | 2,324.84 |