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&J￿r4 p4eiot THE REoEEMEDcHR￿￿AN CHURCH OF GOD IRCCGI Lm1￿ GRPLE CHAPEL Re*erencearHJ Adtninistraiibt L*tsi1s Irustees'Jknnu31 Report Independent ExamineVs Rew)rt Statementof Financial ALty￿be$ Balance5heet Noteto the Financial Statements PffjE2d12 THE REt￿EmED(HRL￿lAN 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 Bar￿ettstrlet tkrlington Durharn DL3 6NQ Barthr5 N￿sonal We5tmin5ter Bank Pl 12 Market Place tmjrham DHI 3NG Ayok5 Consulting knrnited llntrrp￿iv￿aI 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 isgoverr*d tymemorandum and arbdes Oft 12Juty 2013 * Compan￿5 House. Tho charitywa5 re8i5tered by CharityCommi55ion Ott 05jEty20l7￿th retsrabon numtw 116W25. APPOSNTMENTOR ELEcf10tr4 OF7RU5TEES Trustee5 aieelected a￿d c(Fop￿1 u￿lerthetUM$￿tthÈMemOr3￿duM and a￿de& 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 tsEchu￿h. 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 ANDA￿r￿MEs The prtncipal obtsÈttsarÉ'. to promotechrisbaft refigiou5 ￿￿oSe. ts supw he needy. 1￿melesS and *ulneTrble in our ¢ommunityÈS,' io hÈlpfaoli13tÈ inclu￿01) intrgTrtpJn of othercomm￿￿t1e&To admeve itsobiertNe. the charity adoptod the followinKstrat*wes.' Condurtingsundayworship 5etvice5. rrtidw*k ￿ble sttthand mÈthngs: Running5efftinaw5 in the church wrth l￿Ven Minist￿sof faithto 2￿￿e mwn1￿5 inthÈ¥atitius aspectsof ChTi5tian hith: pportforother chaTitie5 and Cthii5ban events: and Regular visitstionswithin the kK31 C￿M￿n[tyts prride r4uirEd supF The aLtNitiesforathie4ing rtsobiettl￿ i￿1￿￿e. ComMun￿Ol￿reaCh evert5: Confcrencc5and cveThts: we￿are5uPPOrtto mernebers and gu*ral pUbr￿ arLd Variou5 mi55ion8ry arUvitES. A￿kS(￿n5V￿relfd THE REDEEMED CHRISnAA OIUFICH Off￿10{RCcGj LIVING GRA￿ CHAPEL TRUSIEES, NJllldAL REPORT FOR TNE YEAR EXDFD 31 JULY2021 srAIEMFNT OFTRu¥fEEY R£SPONY81LmES The chantytru5tees are reswns1b￿fQK preparin¢thetN￿.annLUt and financ4715tatertrt in accordance appl￿b￿ lawandthe ￿￿dOM￿[Loun￿nEs13I1dardSIun1ted GÈnÈTrl cepted Accounting PractKel. The Uiwapplicabletotharitw *n E￿and3thd Waksrgffj#res thetrits¢ee5 thprepare finanoèl statemenisfor exhfinancrdlyearwhr¢hgives at¥wand fatfviewof the state of affair5 of thetharity and oftheincomty rt5wr￿5 and appIK*¢r*ofrwAwrt￿ofthEdWrytyforthat rmanc￿l Statern￿. the trusthesare re¢u'.red to.. Setect5Urtableaccountir8polK*s #ndthen app,ythem consis1￿ty. Observe themefv)ds and prirKples In theChar￿e5 SORP: KlakÈj¥dgementand eStim*¥thaLacÈrea50t￿we arjd prudent.. Preparethe fiTiano& statements on the8oin8 ￿nCern bè>suTrte55it¢slnapprow￿tO prewn*thatthe charitywi1S continue in opÈrJtiM. Thetrustees recognise theirresporisibilit*S to keÈp wogeracrtyJntstsErecordsthatdisdf)sewith reasonatde aLcuf3CY ataTryrimÈihefinanc￿5 p0511u)n ol thetharityatxl enablethem loensurethatthefina￿JaI ststernents COM￿ with t￿charItyAt1 2011 Thtyarp algts for5afeeukrding Ihe a550tsofih@ eharty, hen￿taki￿grea$OnabEe5tep5f0rthe ￿￿even￿On3nd¢jetccts0Boffraudandothe[ irre8uJarit* Approved bythe tru5teesaThl on th*rtrohalfty Name". l KJSTL s￿tUre.. Date= SL*U THE REDEEMED CHR￿￿￿￿1 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 Chr￿lancIN1th of Gc 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 A￿￿5 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 I￿￿tee5 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 thehtsior*al CL￿1 c(xNenlM)narrtl knac￿rdan￿ wtth acounting5tsndard&They*olknw bestlwacttceas setotst in the 51aiwient of Reu)mmended Pi¥bc& Accountin8 and Reporting bytharFE*sISORPI i5￿1ed Marth 2Crf)S a5 mod5f*dforsmal¥rtharits Iblstatement of financial aCbvI￿ is &tountEd for on an ￿c￿￿1$b Icl Tan￿ble fixed assetsotherthan freehold latKI. aitstatEd attOStor¥aluation lessdeweaat*)n aTKiany provisonfvrimp4im*nL t*preoatyon atrate5 olculated towrtte ¢)ff thÈ costorvaluation of flxÈxl a5sels. ￿ Iheir e5knfflat￿ te5thaJ valuE. ¢T¥Er thEir ex￿ed uSEh￿ Iwesoot￿fo￿1rrti1ryE 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 FURTHÉPM￿0F 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 In5th￿onal g¥arf pa¢d RCCG WEM & Central Office Cortributv)n 265 RCCG ContrtbutloTr-Area & PTEMnuèl ￿p￿rI 275 100 Fest￿￿1 of &Other Evangel￿ &Jpw)rt Tota5 815 2021 2020 s. cosr OF AcnvmES IN FuRThERAN￿ OF CFIARtTY 08JECT Te￿phone. Internet & P¢staEe l.fa6 1,240 Honorarium 750 InSu￿A￿e & ￿cence 413 412 profes￿0￿31 Fee Rent & Raie 9,846 8.651 Repairs. Maintenance & M￿cell￿ne0v5 ststionÈriÈs, Printrng & Publication 740 455 H(Ispitaltty & RthEshment 118 Deprecyaiion 892 1.114 Travels & &Jb%5ten 711 1.132 Hotel &￿C￿Modation L351 322 Wehre 340 utillty 257 861 16.S64 15.786 Awk5carfiukn￿Lld P421OdJ2 THE RE￿EMEDcHft1￿AN 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 D15FK￿l 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. CRED￿0￿£.. 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