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|CONTENTS||||PAGE|
|---|---|---|---|---|
|Reference and administrative|||details||
|Directors report||||3 —8.|
|Independent
Examiner's||report|||
|Statement
of financial|activities|||10.|
|Balance Sheet|||||
|Notes to the accounts||||12 — 15|
|||||REDEEMED CHRISTIAN|REDEEMED CHRISTIAN|REDEEMED CHRISTIAN|CHURCH|CHURCH|OF GOD||
|---|---|---|---|---|---|---|---|---|---|---|
|||||HOUSE OF MERCY|||AYLESBURY||||
|REFERENCE|||AND ADMINISTRATIVE
DETAILS||||OF|THE|CHARITY, ITS TRUSTEES AND||
||||ADVISERS FOR THE YEAR|||ENDED||31 DECEMBER 2022|||
|Trustees||||Mrs A 0 Mohammed|||||||
|||||Mr D E Akpabio|||||||
|||||Mr A S Coker|||||||
|||||Mr A Fajuyitan|||||||
|||||Mr B Ekundayo|||||||
|Parish Pastor/CEO||||Pastor Olusegun||Stephen|||||
|Charity registered|||number|1158553|||||||
|Principal|Office|||52 Lansbury
Road|||||||
|||||Milton
Keynes|||||||
|||||MK3 5RA|||||||
|Operating|address|||4th Floor|||||||
|||||Sunley
House|||||||
|||||Oxford Road|||||||
|||||Aylesbury|||||||
|||||Bucks|||||||
|||||HP19 8EZ|||||||
|Independent||Examiner||Akintayo
Ojo FCCA|||||||
|||||Resource Management||||Consultants||Ltd|
|||||46 Hollywood|Way||||||
|||||Erith|||||||
|||||DA8 2QE|||||||
|Bankers||||Barclays Bank|PLC||||||
|||||Market Square|||||||
|||||Aylesbury|||||||
|||||HP20|||||||
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||||||2022|2022||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||Total|Tota I|
||||||Funds|Funds||Funds|Funds|
|INCOMING
RESOURCES||||Notes|E|||f||
|Donations,
legacies K similar
incoming|||resources||177,663|29,962||207,625|157,115|
|Activities
in furtherance
of charity's||object|||11,109|16,800||27,909|55,805|
|Investment
income|||||408|||408|30|
|Total incoming
resources|||||189,179|46,762||235,941|212,950|
|RESOURCES EXPENDED||||||||||
|Grants payable
—individual|||||||||372|
|Grants payable
—institutional|||||2,190|||2,190|4,892|
|Costs of activities
in furtherance||of||||||||
|charities objects||||7|212,930|19,781||232,711|210,438|
|Management
and governance|costs|||8|3,248|||3,248|15,043|
|Total resources expended|||||218,368|19,781||238,149|230,744|
|Net (outgoing)/incoming
resources|||for year||29,189|26,981|—|2,208|— 17,794|
|Total funds at the start ofthe|year||||40,455|64,974||105,428|123,222|
|BALANCE AT END OF YEAR|||||11,265|91,955||103,220|105,428|
##
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||||Notes|2022||
|---|---|---|---|---|---|
|FIXED ASSETS||||||
|Tangible
Fixed|assets||10|52,386|67,597|
|CURRENT ASSETS||||||
|Debtors 5accruals|||11|41,324|34,453|
|Cash and bank|balances||12|12,060|6,328|
|||||53,384|40,781|
|LIABILITIES||||||
|Amount
falling|due within|one year|13|2,550|2,950|
|||||2,550|2,950|
|NET ASSETS||||103,220|105,428|
|CHARITY FUNDS||||||
|General
—unrestricted|||ld|11,265|40,454|
|General
—restricted|||le|91,955|64,974|
|TOTAL FUNDS||||103,220|105,428|
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|||||||2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||Funds|Funds|Funds|Funds|
|5. Grants payable
—individual||||||||||
|Individual
welfare|||||||||372|
|6. Grants payable
—institutional||||||||||
|Charitable
giving
-UK||||||2,190||2,190|4,892|
|Charitable
giving -overseas||||||||||
|Total||||||2,190||2,190|4,892|
|List of institutional
grants|||payable|||E|||E|
|RCCG WEM|||World|Evangelism||1,350||1,350|1,727|
|RCCG Central
Office|||Central||Office Suppc|600||600|1,375|
|Oxfam|||Mission||support|240||240|1,540|
|RCCG My Father's
House|||Mission||support|||||
|HOM Coventry|||Mission||support|||||
|Others|||||||||250|
|Total grant payable|—institutional|||||2,190||2,190|4,892|
|7. COST OF ACTIVITIES IN||FURTHERANCE||OF CHARITY'S OBjECTS||||||
|Visiting speakers expenses||||||2,650||2,650|3,550|
|Seminar,
conferences||and subscriptions||||3,164|4,014|7,178||
|Travel and subsistence||||||5,965||5,965|2,636|
|Hall hire, rent %rates||||||35,287|5,554|40,841|6,159|
|Music, liturgy 8.church||group||||3,270|3,514|6,784|1,973|
|Mission, evangelism|K projects|||||8,197|6,698|14,895|22,770|
|Welfare S.hospitality||||||3,261||3,261|880|
|Telephone
S.internet||||||3,548||3,548|3,207|
|Printing,
postage and|stationery|||||3,565||3,565|2,756|
|Motor expenses||||||4,241||4,241|6,348|
|Worship cost Kchurch||occasion||||5,341||5,341|4,157|
|Training
mission|||||||||666|
|Utilities||||||5,202||5,202|2,449|
|Depreciation||||||27,825||27,825|24,671|
|Insurance||||||1,607||1,607|1,957|
|Repair 5maintenance||||||1,410||1,410|295|
|Staff cost||||||77,378||77,378|54,204|
|Office expenses||||||6,598||6,598|3,172|
|Admin 5finance costs||||||4,423||4,423|4,671|
|Building
works||||||10,000||10,000|63,914|
|||||||212,930|19,781|232,711|210,438|
##
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||||||||2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Tota.l|Tota
I|
||||||||Funds|Funds|Funds|Funds|
|8. MANAGEMENT||AND||GOVERNANCE||COSTS|||||
|Professional|fees||-Legal 5lease|||||||10,083|
|Professional|fees||-Other||||698||698|2,010|
|Examiner's|fees||—accountancy||||2,550||2,550|2,950|
||||||||3,248||3,248|15,043|
|9. TANGIBLE|FIXED ASSETS|||||Motor|Musical|Computers|Furniture
S.|Total|
|||||||Vehicles|equipment|%projectors|fittings|31-Dec|
|||||||||||2021|
|Cost||||||||||E|
|At 1january|2022|||||20,379|26,686|36,095|36,105|119,265|
|Additions|||||||6,221|702|5,692|12,615|
|At 31 December||2022||||20,379|32,907|36,797|41,797|131,880|
|Depreciation|||||||||||
|At 1 January|2022|||||5,792|22,116|13,843|9,918|51,669|
|Depreciation|for|the year||||4,863|3.351|9,361|10,250|27,825|
|At 31 December||2022||||10,655|25,467|23,204|20,168|79,494|
|Net book value|||||||||||
|At 31 December||2022||||9,725|7,440|13,593|21,629|52,386|
|At 31 December||2021||||14,588|4,570|22,252|26,187|67,597|
|10. CASH BALANCES|||||||||Year ended|Year ended|
||||||||||31-Dec|31-Dec|
||||||||||2022|2021|
|Cash
in Bank|at|year end|||||||12,060|6,328|
||||||||||12,060|6,328|
|11. DEBTORS %ACCRUALS|||||||||Year ended|Year ended|
||||||||||31-Dec|31-Dec|
||||||||||2022|2021|
|Debtors|||||||||1,000|500|
|Gift Aid receivable|||||||||40,324|33,953|
||||||||||41,324|34,453|
|12. CREDITORS|||||||||31-Dec|31-Dec|
|Trade creditor's||due within|||12 months||||2022|2021|
|Accrual:
Pension||payments|||||||||
|Accrual: accountancy||||fees|||||2,550|2,950|
||||||||||2,550|2,950|
##
|14.|STAFF|COST AND|NUMBERS|||Year ended|Year ended|
|---|---|---|---|---|---|---|---|
|Staff costs were as follows||||||31-Dec|31-Dec|
|||||||2022|2021|
|Wages and||salaries||||71,363|49,609|
|Social security costs||||||5,141|3,597|
|WPS|—Employer|||||873|997|
|||||||77,377|54,203|
|||||||Year ended|Year ended|
|The average||number|of employee|during|the year was as follows|31-Dec i|31-Dec|
|||||||2022|2021|
|||||||No.|No.|
##
|15. NET INC|OMING
RESOURCES/(RES|OURCES
EXPENDED)|||
|---|---|---|---|---|
||||Year ended|Year ended|
|This is stated|after charging||31-Dec|31-Dec|
||||2022|2021|
|Depreciation|of tangible assets owned|by the charity|27,825|24,671|
|Accountant's|fees||2,550|2,950|