THE REDEEMED CHRisllAN CHURCH OF GOD (RCCGI LIVING GRA CHAPEL Charity Reg No: 1168025 Company Reg No: 08607452 TRusfEES' ANNUAL REPORT AND FINANaAL STATEME[5 FOR TH£YEAR ENDED 31JULY 2021 AyQk5Cur&Jr4 p4eiot
THE REoEEMEDcHRAN CHURCH OF GOD IRCCGI Lm1 GRPLE CHAPEL ReerencearHJ Adtninistraiibt Ltsi1s Irustees'Jknnu31 Report Independent ExamineVs Rew)rt Statementof Financial ALtybe$ Balance5heet Noteto the Financial Statements PffjE2d12
THE REtEmED(HRLlAN CHURClf OF GOD IRCCGI Lm GRACE fJiAPEL REFERENCE ADMINIStFATIVE DE[LS OFTHE CHAJITtY. ttSTRiStEES &ADV¢SERS FOR THEYEAR ENDEO 31JULY2021 MrsAnneAdemuwa8un. Chairwson Mr Plus Ajilo Ide Dr Emmanuel Kan Paslor E AAdebo PasEorln aMr8e PastorTom Ademuwagun arity Registration Number 1168025 8607452 Prlndpal IAldre55 34 Barettstrlet tkrlington Durharn DL3 6NQ Barthr5 Nsonal We5tmin5ter Bank Pl 12 Market Place tmjrham DHI 3NG Ayok5 Consulting knrnited llntrrpivaI AccountrDtl 7th Floor The 8alance 2 Pinfold Street SheffiÈld Sl 26U Vxe3t*12
THE REDEEMED CHRI¥tIAN CHURCH OFGOD IRCCGI UWNG GRA CHAPEL TRU5TEE5' AJ4NUAL REFflRT FOR THEYEAJI ENDED 31JULY 2021 ATU5 The charity isgoverrd tymemorandum and arbdes Oft 12Juty 2013 * Compan5 House. Tho charitywa5 re8i5tered by CharityCommi55ion Ott 05jEty20l7th retsrabon numtw 116W25. APPOSNTMENTOR ELEcf10tr4 OF7RU5TEES Trustee5 aieelected ad c(Fop1 ulerthetUM$tthÈMemOr3duM and ade& ORGANISATIONAI 5fRucfuRE AND DECISION MAKING The charity isowani5ed ID sllJ¢h mant)erthètpermitsthetru5teesto meetaThJ manage it5affair&The Pastor in a¥ge marwthe dayto dayathinistrotion of tsEchuh. RELATED PARTY RELAnON5HIP5 The charity is a rIsh of The Redeemed Chrisban Church of God IRCCGI which ha5 parithe5311 overthe wortd. The charity's relationship wth othei RCCG parÈ5he5 ksgovemed byanweetnÈntfi)rCommon Purposes.. PRINQPAL FUNDING Funding ha5 IRen kyovided maintythrDU8htithe5 al offerw tythurth memter> OBJEC75 ANDArMEs The prtncipal obtsÈttsarÉ'. to promotechrisbaft refigiou5 oSe. ts supw he needy. 1melesS and ulneTrble in our ¢ommunityÈS,' io hÈlpfaoli13tÈ inclu01) intrgTrtpJn of othercommt1e&To admeve itsobiertNe. the charity adoptod the followinKstratwes.' Condurtingsundayworship 5etvice5. rrtidwk ble sttthand mÈthngs: Running5efftinaw5 in the church wrth lVen Ministsof faithto 2e mwn15 inthÈ¥atitius aspectsof ChTi5tian hith: pportforother chaTitie5 and Cthii5ban events: and Regular visitstionswithin the kK31 CMn[tyts prride r4uirEd supF The aLtNitiesforathie4ing rtsobiettl i1e. ComMunOlreaCh evert5: Confcrencc5and cveThts: weare5uPPOrtto mernebers and gu*ral pUbr arLd Variou5 mi55ion8ry arUvitES. AkS(n5Vrelfd
THE REDEEMED CHRISnAA OIUFICH Off10{RCcGj LIVING GRA CHAPEL TRUSIEES, NJllldAL REPORT FOR TNE YEAR EXDFD 31 JULY2021 srAIEMFNT OFTRu¥fEEY R£SPONY81LmES The chantytru5tees are reswns1bfQK preparin¢thetN.annLUt and financ4715tatertrt in accordance applb lawandthe dOM[LounnEs13I1dardSIun1ted GÈnÈTrl cepted Accounting PractKel. The Uiwapplicabletotharitw n Eand3thd Waksrgffj#res thetrits¢ee5 thprepare finanoèl statemenisfor exhfinancrdlyearwhr¢hgives at¥wand fatfviewof the state of affair5 of thetharity and oftheincomty rt5wr5 and appIK¢rofrwAwrtofthEdWrytyforthat rmancl Statern. the trusthesare re¢u'.red to.. Setect5Urtableaccountir8polKs #ndthen app,ythem consis1ty. Observe themefv)ds and prirKples In theChare5 SORP: KlakÈj¥dgementand eStim¥thaLacÈrea50twe arjd prudent.. Preparethe fiTiano& statements on the8oin8 nCern bè>suTrte55it¢slnapprowtO prewnthatthe charitywi1S continue in opÈrJtiM. Thetrustees recognise theirresporisibilitS to keÈp wogeracrtyJntstsErecordsthatdisdf)sewith reasonatde aLcuf3CY ataTryrimÈihefinanc5 p0511u)n ol thetharityatxl enablethem loensurethatthefinaJaI ststernents COM with tcharItyAt1 2011 Thtyarp algts for5afeeukrding Ihe a550tsofih@ eharty, hentakigrea$OnabEe5tep5f0rthe evenOn3nd¢jetccts0Boffraudandothe[ irre8uJarit Approved bythe tru5teesaThl on thrtrohalfty Name". l KJSTL stUre.. Date= SLU
THE REDEEMED CHR1 OIURCH OF GODIRCCGI LMNG GRP£E CFIAPEL 4DEPEN[tr EKIMINERS REPORT TOTHE TRUStEES OFTHE REI%EMED CHRrsnAN CHUROI OFGOD LMNG GRA CHAPEL I reporttothetrustees on my Èy2minaEion ofthe accounts of The ChrlancIN1th of Gc<l IRCCGI LivingGrace ChaFel for theyear ended 31Juty2021 ¥thith i%setcwrton page5 7. 12 RE5PONSIBILmESAND WS OF REFfJRT A5thechaTitytrustees of theTnrt v(w are Te5W)nlI1ÈfOrthÈ wyrztKID oftt¢ atÉtrjr in a¢¢an¢@Wlth the requirEmentsofthEchar[tSkI 20111Tr Ad"). I reportin re5peLtof ry examination of theTrusVs accountscarried outur¥JerswtA)n 145of thÈ2011PdaTrJ in carrwngout my examination. I have foljowed alItheapcawe [[ecn5¥en irythe 0r[tycoMi9n nder 14515llbl of theAct INDEPENDINT tXAMINERS STATtprtENT I have completed myexam1na. I Confi thatntsmatÈ¥ial matts have t1)nt0 my attwjtion InconrlI with the examinatton pving MeUse10 Wie¥e th in any re5ttt l. accountsn8 records not keptin respxtof theT[sta$ required sectTr theprtor 2.the accounts do notacwrd wtth tIK15e retotds: or 3. theaccounts do fiotcomptyth appfKabie requirfftnts COTKemwrytsEft)rm and contsrtgfthe acwunts set out in thecharitses (Accountsand Reponsl Reguktions 2(X)8otherthan any requirernentsthatthe actOUE)ts we a'lft artd fai¢viewwhHth is nota matterconsidÈrÈd as partof an epeent exafftination. I have no concerr6and ha%E come w0s5no othermatters in (x)nn&ton the Èxamirtiontowh attertlon shOd be draKvn in this reirt in orderto watlea uThlerstsng0f theXX)ItsttsbÈ reathed. 11 Abiodvn AnIei FAW ACCA Ayoks consu8 Limited 7th Fl¢or The 8alante 2 Pinfold Street sheffield Sl 2fjU A¥ScD5Vmrfit 6d12
THE REDEEMEDcHR14AN CHURCH OFGOD IRCCGI UVING GRACE CHAPEL STATEMEIITOF FIt4A14CIALAcfiviTIES FOR TIIE YEAR EtIDED 31JULY 2021 Dtes Totsl Totsi 2021 2020 INCOMING RESOUR DotiOns. legac & simda¥i¥thminE rertS AttWrtFesinfwthetsnce oftharty'5 obwrt Tor31 Itp£omir4 RrCeS 31.119 20,122 31,119 20,122 RE50URCES EXPENDED Grènts Paid 815 940 Charitable EXpenrtUre Management and Govefnarteecost Tot31 Resourc ExpÈndÈd 15,564 15,786 141 17.520 16.726 Net Incomin(oUtW Resowcesfrrtheyear 13,599 3.396 BAiANCE AT BEGINNIFIGOFTHE YEAR io 6369 Z.97> BAtAIlCEAT£P4tXF4G OFTHEYEAR 19. 6.369 Aporoved byth@m andsiErAontheiTtehaV . Name.. Poytion.. &Bnatur•'. ljate..
THE REDEEMED CHR15TIAN CHURCH OFGOD IRCCGI LMNG GRA CWAPEL BALANCESHEEfASATYEAR ENt*D31JULY2021 Note5 2021 2020 FIXEDASSET5 Tan&e Assets 3.567 4.458 CURRENT ASSErs D@btorand Prepa¥ft7ents Cash and bankbaL2nces I6.1 3,235 7.9 16,9)1 SHORTTERM LIABILtnES Crtsyitors lamountfallingdue wrthin 3 ye3rl 5.178 NrrcuRREI4T A5 16.401 1,911 LONG TERM LNBILITIES rtors lamountfallirva dueafter rnorethanonEyearl ASSETS 6,369 CHAAtrY FUNDS Unrestrirted 6,369 Restricted 19,968 6,369 Approved by the Itee5 and swed on their behaifbr. Name.. Position= Oate.. P•Bofl2
THE REDEEMED CHRLSTIAN CHURCH OFGOD IRCCGI LMNG GRA CHAPEL NOTEST0Tr5E ACCOVPll5 I. ACCOUNTING POUOES lalThÈ attounls arè propared thehtsioral CL1 c(xNenlM)narrtl knacrdan wtth acounting5tsndard&Theyolknw bestlwacttceas setotst in the 51aiwient of Reu)mmended Pi¥bc& Accountin8 and Reporting bytharFEsISORPI i51ed Marth 2Crf)S a5 mod5fdforsmal¥rtharits Iblstatement of financial aCbvI is &tountEd for on an c1$b Icl Tanble fixed assetsotherthan freehold latKI. aitstatEd attOStor¥aluation lessdeweaat)n aTKiany provisonfvrimp4imnL tpreoatyon atrate5 olculated towrtte ¢)ff thÈ costorvaluation of flxÈxl a5sels. Iheir e5knfflat te5thaJ valuE. ¢T¥Er thEir exed uSEh Iwesootfo1rrti1ryE ba Motc¥Vehide 2( Computer Furnitu& Frttings 2021 2020 2. tONAnoNS, LEGACIESMDSMILAR INCOMING RESOURCES frthe & Offering Other coltectlon 23,142 20.122 7.977 31.119 20.122 2021 2020 3. AcrivttlESIN FURTHÉPM0F CHARrrY OWEcr Grnnt Recefved- GffcAld Grant ReceNed.Others
THE REDEEMED cHRi¥fiAN CHURCH OFGOD IRCCGI LMNG GR CIIAPEI IKJTESTOTHE ACCOUNtS ICONTINUEDI Totsl Totsl 4. Grartt Pakl 2021 2020 Grant P3id INorAnttitulK)nall Pastor's Sty*rtds •ldministratNe Gift5 & Grarrts Grant Paid Ilnsbtirtional) Other Charitable giwnE. UK 275 Charrtable 8iwng- overseas 275 300 stof Major In5thonal g¥arf pa¢d RCCG WEM & Central Office Cortributv)n 265 RCCG ContrtbutloTr-Area & PTEMnuèl prI 275 100 Fest1 of &Other Evangel &Jpw)rt Tota5 815 2021 2020 s. cosr OF AcnvmES IN FuRThERAN OF CFIARtTY 08JECT Tephone. Internet & P¢staEe l.fa6 1,240 Honorarium 750 InSuAe & cence 413 412 profes031 Fee Rent & Raie 9,846 8.651 Repairs. Maintenance & Mcellne0v5 ststionÈriÈs, Printrng & Publication 740 455 H(Ispitaltty & RthEshment 118 Deprecyaiion 892 1.114 Travels & &Jb%5ten 711 1.132 Hotel &CModation L351 322 Wehre 340 utillty 257 861 16.S64 15.786 Awk5carfiuknLld P421OdJ2
THE REEMEDcHft1AN CHURCH OFGOD IRCCGI Lm1 GR CILAPEL NOTESTOTHEACCOUP115 IcopmNUEC¢l Totsl 2021 2020 6. MANAGEMENT& GOVERNAIKE CO stsff Trairring Staff Cost 141 141 Muscal & Computer EqLllpment MDtor Vehide Fumiture & Fittirigs 7. TANGIBLE FIXED ASSE[ Totsi Cp5t At l August 2020 8595 3,652 13.546 Atdibonsdurin8theyear D15FKl At 31 July 2021 At l August 2020 Charged forthe year At 31JL* 2021 1694 9,087 191 892 1.295 5.79S 2.885 9.979 NEt B(wJkValue At 31 July 2021 767 3.567 At 31July2020 4.458 2021 2020 8. & BANK BALAN Cash at hand Bank Balar 165)1 3,23S 169)1 3.235 2021 2020 9. CRED0£.. AMOUNTFALUNG DUE l•mlP4 ONE YEAR Owlngs 5,178 5.178
THE REDEEMEDCH8LSTIAN CHURCH OFGOD IRCCGI UVING CHAPEL )TESTOTHEACCOtINTS IcoMnNUEDI 2021 2020 ID. RESERVE ICHARttY FIJNDSI Income & Expendtture Account bff Income & Expenditsjre knunt Icurrentparl 6,369 .599 1973 3.396 19.968 6.369