##
##
##
##
##
##
##
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2020|2019|
|Incoming resources|||185,637|193,771|
|Direct charitable
expenditure|||(105,939)|(113,740)|
||||79,698|80,031|
|Fundraising
and publicity|||||
|Governance
costs|||(60,753)|(66,178)|
|Other operating
income|||||
|Operating
surplus|||18,945|13,853|
|Profit on the disposal|oftangible|fixed assets|||
|Profit on the disposal|of investments||||
|Gain on revaluation|ofinvestments||||
|Income from investments|||||
|Interest receivable|||333|131|
|Interest payable|||||
|Surplus for the year|||18218|13,88|
|Balance Sheet
asat 31December|2020||||||
|---|---|---|---|---|---|---|
|||Notes||2020
6||2019f|
|Fixed assets|||||||
|Tangible assets||||553,459||342,057|
|||||553,459||342,057|
|Current assets|||||||
|Debtors||4|22,632||12,503||
|Gash atbank and in hand|||'l20,060||57,336||
||||142,692||69,839||
|Creditorsi amounts|falling due||||||
|within one year||5|(36,496}||(1,285}||
|Net current assets||||106,'l96||68,554|
|Total assets less current|||||||
|liabilities||||659,655||410,611|
|Creditorsi amounts|falling due||||||
|after more than one|year|6|||||
|Net assets||||659,655||410,611|
|Capital and reserves|||||||
|Revaluation
reserve||||229,766|||
|Reserves||||429,S89||410,611|
|Shareholders
funds||||659,655||410,611|
##
##
##
##
##
##
|Tangible fixed assets|||||
|---|---|---|---|---|
||Land and||Motor||
||buildings|Equipment|vehicles|Total|
|||||8|
|Cost|||||
|At 1 January 2020|337,734|7,171|2,507|347,412|
|Surplus
on revaluation|229,766||||
|Disposals|(17,500)||||
|At 31 December 2020|550,000|7,171|2,507|9,678|
|Depreciation|||||
|At 1 January 2020||3,875|1,480|5,355|
|Charge for the year||659|205|864|
|On disposals|||||
|At 31 December 2020||4,534|1,685|6,219|
|Net book value|||||
|At 31 December 2020|550,000|2,637|822|553,459|
|At 31 December 2019|337,734|3,296|1,027|342,057|
|Freehold
land and buildings:|||2020|2019|
||||8||
|Historical cost|||320,234|337,734|
|Cumulative
depreciation|based on historical cost||||
||||320,234|337,734|
|4|Debtors|||2020f|2019|
|---|---|---|---|---|---|
||Gift aid|tax recoverable||22,632|12,503|
|||||22,632|12,503|
||Amounts|due after more than one year included|above|||
##
|fo|r the year ended 3|1 December 2020|||
|---|---|---|---|---|
|5|Creditors: amounts|falling due within one year|2020f|2019f|
||Trade creditors||1,200|900|
||Other taxes and social security costs||296|385|
||Prepaid
subvention||35,000||
||||36,496|1,285|
|6|Creditors: amounts|falling due after one year|2020f|2019f|
||Bank loans||||
|7|Revaluation
reserve||2020f|2019f|
||At 1 January 2020||||
||Gain on revaluation|of land and buildings|229,766||
||At 31 December 2020||229,766||
||||2020f|2019f|
|8|Unrestricted
funds||||
||General funds||410,611|396,627|
||Surplus for the year||19,278|13,984|
||||429,889|410,611|
##
##
|This schedule does not form part ofthe statutory accoun|ts||
|---|---|---|
||2020|2019|
||6|6|
|Incoming resources|||
|Unrestricted
funds|||
|Donations
eligible for gift aid|90,529|108,950|
|Income tax recoverable|22,632|27,238|
|Other income|62,106|57,583|
|Other operating
income|10,370||
||185,637|193,771|
|Direct charitable
expenditure|||
|Honoraria|350|420|
|Service and Sunday school expenses|1,278|6,603|
|Church
rent|35,000|35,000|
|Shuttle bus and travel costs|1,514|2,403|
|Welfare &CSR|6,594|1,740|
|Utiilities|5,456|5,383|
|Repairs and renewals|3,939|6,435|
|Training,
retreat and conference costs|1,580|2,900|
|Charitable
giving and support|721|2,120|
|RCCG WEM|2,316|5,498|
|Salaries and pastoral expenses|47,191|45,238|
||105,939|113,740|
|Other employee costs|||
|Other staff costs|12,077|13,998|
||12,077|13,998|
|Premises costs|||
|Rent and rates|20,594|20,480|
|Hall costs and refunds|642|11,441|
|Cleaning
and hygiene|2,156|2,071|
|Repairs and renewals|6,943|4,711|
|Security||196|
||30,335|38,899|
|Governance
costs|||
|Telephone
and web costs|2,202|2,081|
|Streaming,
media &digital service costs|2,625||
|Printing,
postage and other office supplies|1,570|1,468|
|Bank charges and loan fees|287|857|
|Insurance|485|2,447|
|Accountancy
fees|1,200|1,860|
|Advertising
and PR||687|
|Other legal and professional|4,818|2,800|
|Depreciation|864|1,081|
|Property valuation
costs|4,290||
||18,341|13,281|
||60,753|66,178|
|The RCCG House of Prayer|The RCCG House of Prayer|The RCCG House of Prayer|for all Nations|for all Nations|for all Nations|||||
|---|---|---|---|---|---|---|---|---|---|
|Corporation
tax computation||||||||||
|Tax reference||||||||||
|Period beginning|||||||||1/01/20|
|Period ending|||||||||31/12/20|
|Accounts
pediod beginning|||||||||1/01/20|
|Accounts
period ending|||||||||31/12/20|
|Adjustment
oftrading|profits|||||||||
|Profit before tax per the|accounts||||||||19,278|
|Add back disallowable
expenses||||||||||
|Donations||||||||||
|Depreciation|and||(profit)/loss|on|sale ofassets|||||
|Other||||||||||
|Capital allowances||||||||||
|Add back dividends
payable|||on non-equity||shares included|in interest|payable|||
|Deduct non-trading
income||||||||||
|Interest receivable|||||||||(333)|
|Property income||||||||||
|Other income|not||taxable|||||||
|Other adjustments||||||||||
|Finance lease adjustments||||||||||
|Leased cars||||||||||
|Other operating||lease adjustments||||||||
|Adjusted
trading
profit|||||||||19,809|
|Taxable profits||||||||||
|Trading
profit||||||||19,809||
|Charity
relief||||||||(19,809)||
|Losses utilised||||||||||
|Interest receivable||||||||333||
|Charity relief||||||||(333)||
|Rental income||||||||||
|Net chargeable
gains||||||||||
|Less: qualifying
donations||to|UK charities|||||||
|Taxable profit||||||||||
|Taxable profit|Taxable profit||||||
|---|---|---|---|---|---|---|
|Days in accounting||pediod falling|in each tax year||||
||||||Days falling||
|Tax year|||||in tax year|Days in year|
|2019|||||90||
|2020|||||275||
||||||365|365|
|Corporation|tax payable||||||
|||||Taxable|||
|Tax year||||profit|Tax rate|Corp Tax|
|2019|||||19%||
|2020|||||19%||
|Corporation|tax payable||||||
|The RCCG House of Prayer for Capital allowances|The RCCG House of Prayer for Capital allowances|The RCCG House of Prayer for Capital allowances|The RCCG House of Prayer for Capital allowances|The RCCG House of Prayer for Capital allowances||
|---|---|---|---|---|---|
|Tax reference||||||
|Period beginning|||||1/01/20|
|Period ending|||||31/12/20|
|Summary||||||
|General
pool||||||
|Special rate pool||||||
|Short term asset pools||||||
|Total capital allowances||||||
|General Pool||||||
|Wntten
down value brought||forward||||
|Disposal receipts||||||
|Balancing allowance||||||
|Balancing charge||||||
|Expenditure
qualifying
for writing|||down allowance|||
|Relevant first year expenditure||||||
|Other expenditure
qualifying||for|first year allowance|||
|Expenditure
qualifying
for annual
investment||||allowance||
|FYA in respect of relevant|FYA||expenditure|||
|Et000 or less. wnte off||||||
|Annual
investment
allowance||||||
|Writing
down allowance||||||
|Written
down value carried|forward|||||
|Special rate pool||||||
|Written
down value brought||forward||||
|Disposal receipts||||||
|Balancing allowance||||||
|Balancing charge||||||
|Thermal
installation
expenditure||||||
|Integral feature expenditure||||||
|Expenditure
on a car that is||not|a main rate|car||
|Expenditure
on cushion gas||||||
|Expenditure
qualifying
for annual|||investment|allowance||
|Annual
investment
allowance||||||
|Wnting
down allowance||||||
|Written
down value carried|forward|||||
|Total ofshort life asset pools||||||
|Number
ofsingle asset pools||||||
|Written
down value brought||forward||||
|Disposal receipts||||||
|Balancing allowances||||||
|Balancing charges||||||
|Expenditure
quahfying
for written|||down allowance|||
|Relevant first year expenditure||||||
|Other expenditure
qualifying||for|first year allowance|||
|Expenditure
qualifying
for annual|||investment|allowance||
|FYA in respect of relevant|FYA expenditure|||||
|Other FYA||||||
|Annual
investment
allowances||||||
|Writing
down allowances||||||
|Written
down value carried|forward|||||