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← The Redeemed Christian Church Of God Shining Light Assembly

2023-12-31-accounts

Companyregistrtion number: 09693927 Charity registration number: 1169464

RCCG SHINING LIGHT ASSEMBLY

Annual Reports and Accounts

for the Year Ended 31 December 2023

Prepared by JKO Accounting

THE REDEEMED CHRISTIAN CHURCH OF GOD SHINING LIGHT ASSEMBLY

Trustees Report for year ended 31 December 2023

The trustees present their financial statement for the year ended 31 December 2023

The principal activity of the organisation continues to be: Propagation of the Gospel according to the teaching of JESUS CHRIST

Statement of Trustee Responsibilities

The Trustee are required to prepare financial statement that give a true and fair view of the state of affairs of the organisation and of the income and expenditure of the project for that period. In preparing these financial statements, the Trustee are required to:

The Trustees are responsible for keeping proper records that disclose at anytime the financial position of the project. They are also reponsible for the safe guarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Mrs Pat Hemmings-Sague

Date: 28th March 2024

RCCG SHINING LIGHT ASSEMBLY 1169464
Annual accounts for the period
Period start
date		 01/01/2023 To Period end
date		 31/12/2023
eco
e ded
Section A		 est cte
Statement of financial activities
categories by
activity
Guidan
Incoming resources (Note 3)
Income and
endowments from:
Voluntary Income
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of
income
S05
Other
S06
S07
Resources expended (Note 4)
Expenditure on:
Cost of generating
voluntary income
S08
Charitable activities
S09
Separate material item of
expense
S10
Other
S11
S12
S13
Net gains/(losses) on
investments
S14
S15
Extraordinary
items
S16
S17
Total
Total
Net income/(expenditure)
before investment
Net income/(expenditure)
Transfers between funds		 Unrestricted
funds
d income
funds
Endowmen
t funds
Total funds
Prior year
funds
£
£
£
£
£
F01
F02
F03
F04
F05
25,043 - - 25,043 26,658
- - - - -
- - - - -
- - - -
- - - - -
- - - - -
25,043 - - 25,043 26,658
21,069 - - 21,069 18,516
3,981 - - 3,981 3,590
- - - - -
- - - - -
25,050 - - 25,050 22,106
7
-		 - - 7
-		 4,552
- - - - -
7
-		 - - 7
-		 4,552
- - - - -
- - - - -

Other recognised gains/(losses):

Other recognised
gains/(losses):
S18
Other gains/(losses)
S19
S20
Reconciliation of
funds:
S21
S22
Gains and losses on revaluation of fixed
assets for the charity’s own use
Net movement in funds
Total funds brought forward
Total funds carried forward		 - - - - -
- - - - -
7
-		 - - 7
-		 4,552
43,336 - - 43,336 38,784
43,329 - - 43,329 43,336

1

Section B est cted
do
Balance sheet		 est cted
do
Balance sheet		 est cted
do
Balance sheet
Fixed assets
Tangible assets
(Note 6)
Investments
Total fixed assets
Current
Stocks
(Note ?)
Investments
in hand (Note 9)
assets
amounts falling
assets/(liabilities)
current liabilities
amounts falling
liabilities
or liabilities
Funds of the
(Note ?)
Restricted income
funds (Note 27)
funds
reserve
Total funds
Signed by one or two
trustees on behalf of		 Guidan

B01
B02
B03

B04
B05

B06
B07

B08
B09
B10
B11
B12
B13
B14
B15
B16
B17

B18
B19
B20
B21		 Unrestric
ted funds
£
F01		 income
funds
£
F02		 ent
funds
£
F03		 Total this
year
£
F04		 Total last
year
£
F05
3,093 - - 3,093 4,639
- - - - -
- - - - -
- - - - -
3,093 - - 3,093 4,639
- - - - -
- - - - -
- - - - -
38,186 - - 38,186 39,897
38,186 - - 38,186 39,897
1,200 - - 1,200 1,200
36,986 - - 36,986 38,697
40,079 - - 40,079 43,336
- - - - -
- - - - -
40,079 - - 40,079 43,336
- - -
- - -
- 7 - - 7 4,552
43,336 43,336 38,784
43,329 - - 43,329 43,336
Signature Print Name Date of
approval
M rs Pat Hemmings-Sagu
28/03/2024

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention The accounts have been prepared in accordance with:

✓ the Statement of Recommended Practice: the Financial Reporting Standard applicable

The charity constitutes a public benefit entity as defined by FRS

1.2 Going concern

not applicable

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies

Yes ✓ * -Tick as appropriate No

Please disclose:

(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy (iii) the amount of the adjustment for each line affected in

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period

Yes ✓ * -Tick as appropriate No ✓

Please disclose:

(i) the nature of any changes; (ii) the effect of the change on income and expense or (iii) where practicable, the effect of the change in one or

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47

Yes ✓ * -Tick as appropriate No

Please disclose:

(i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the (iii) the amount of the correction at the beginning of the

C Notes to the accounts

Note 2 Accounting policies

2.2 INCOME

~~This standard list of accounting policies has been applied by the charity~~ " " " " ~~except for those ticked No or N/a . Where a different or additional~~

Recognition of
income
These are included in the Statement of Financial
Activities (SoFA) when:
• the charity becomes entitled to the
· it is more likely than not that the trustees
• the monetary value can be measured with
Offsetting
There has been no offsetting of assets and
liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or
Government grants
The charity has received government
grants in the reporting period
Tax reclaims on
donations and gifts
Gift Aid receivable is included in
income when there is a valid
declaration from the donor. Any Gift
Support costs
The charity has incurred expenditure
on support costs.
Grants and
donations
Grants and donations are only
included in the SoFA when the
general income recognition criteria
In the case of performance related
grants, income must only be
recognised to the extent that the
Legacies
Legacies are included in the SOFA
when receipt is probable, that is,
when there has been grant of
Membership subscriptions which
gives a member the right to buy
services or other benefits are
Settlement of
insurance claims
Insurance claims are only included in
the SoFA when the general income
recognition criteria are met (5.10 to
Investment gains
and losses
This includes any realised or
unrealised gains or losses on the sale
of investments and any gain or loss
2.3 EXPENDITURE AND LIABILITIES
Volunteer help
The value of any voluntary help
received is not included in the
accounts but is described in the
Income from
interest, royalties
and dividends
This is included in the accounts when
receipt is probable and the amount
receivable can be measured reliably.
Income from
membership
subscriptions
Membership subscriptions received in
the nature of a gift are recognised in
Donations and Legacies.
Liability recognition Liabilities are recognised where it is
more likely than not that there is a
legal or constructive obligation
committing the charity to pay out
Governance and
support costs
Support costs have been allocated
between governance costs and other
support. Governance costs comprise
all costs involving public
Support costs include central
functions and have been allocated to
activity cost categories on a basis
consistent with the use of resources		 Yes
No
N/a		 Yes
No
N/a		 Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓ ✓ ✓
Yes
No
N/a
✓ ✓ ✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
2.4 ASSETS
Grants payable
without
performance
Where there are no conditions
attaching to the grant that enables the
donor charity to realistically avoid the
commitment a liability for the full
Redundancy cost
The charity made no redundancy
payments during the reporting period.
Deferred income
No material item of deferred income
has been included in the accounts.
Grants with
performance
conditions
Where the charity gives a grant with
conditions for its payment being a
specific level of service or output to
be provided such grants are only
Tangible fixed
assets for use by
charity
These are capitalised if they can be
They are valued at cost.
Creditors
The charity has creditors which are
measured at settlement amounts less
any trade discounts
Provisions for
liabilities
A liability is measured on recognition
at its historical cost and then
subsequently measured at the best
estimate of the amount required to
Basic financial
instruments
The charity accounts for basic
financial instruments on initial
recognition as per paragraph 10.7
FRS102 SORP
Subsequent
Yes
No
N/a		 Yes
No
N/a		 Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓

The depreciation rates and methods

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Other trading
activities:
Income from
investments:
Separate material
item of income:
Other:
TOTAL INCOME
Voluntary Income
Charitable
activities:		 Analysis Unrestrict
ed funds
Restricted
income funds
Endowme
nt funds
Total funds
Prior year
£
£		 Unrestrict
ed funds
Restricted
income funds
Endowme
nt funds
Total funds
Prior year
£
£		 Unrestrict
ed funds
Restricted
income funds
Endowme
nt funds
Total funds
Prior year
£
£		 Unrestrict
ed funds
Restricted
income funds
Endowme
nt funds
Total funds
Prior year
£
£		 Unrestrict
ed funds
Restricted
income funds
Endowme
nt funds
Total funds
Prior year
£
£
Main
Offering		 6,298 - - 6,298 5,172
Tithe 16,392 - - 16,392 19,738
Thanksgivi
ng		 1,044 - - 1,044 1,110
First Fruit
offering		 - - - - -
Pledge - - - - -
Other 527 - - 527 495
Total 24,261 - - 24,261 26,515
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Interest
income		 781 - - 781 143
Dividend
income		 - - - - -
Other - - - - -
Total 781 - - 781 143
- - - - -
- - - - -
- - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
25,043 - - 25,043 26,658

Section C Notes to the accounts (

Note 4 Analysis of expenditure

Telephone
Rent
Repair and
Staff training
Printingand
Subscriptions
Bank Charges
Analysis
Expenditure on
raising funds:
Accountancy fee
Professional fee
Depriciation
Honorarium
Welfare
Insurance
Musice Ministry
Total expenditure
Separate material
item of expense
Total expenditure
Expenditure on
charitable
activities
Evangelism
WEM to Central
FOL
Donation to Charity
Health & Safty
Total other
TOTAL EXPENDITURE
Total
Other		 Analysis Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Accountancy fee 913 - - 913 1,263
Professional fee 169 - - 169 585
Depriciation 1,546 - - 1,546 1,546
Honorarium 250 - - 250 800
Welfare 1,220 - - 1,220 1,344
Insurance 235 235 260
Musice Ministry 9,555 - - 9,555 9,585
Rent 2,280 - - 2,280 -
Repair and 241 - - 241 458
Staff training 2,857 - - 2,857 628
Telephone 992 992 1,046
Printingand 390 - - 390 700
Subscriptions 325 - - 325 301
Bank Charges 96 - - 96 -
Total expenditure 21,069
-		 - 21,069 18,516
Evangelism 961 - - 961 410
WEM to Central 1,650 - - 1,650 1,800
FOL 1,140 1,140 1,140
Donation to Charity 230 - - 230 240
Health & Safty - - - - -
Total expenditure 3,981 - - 3,981 3,590
- - -
- - -
- - -
- - -
Total - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total other - - - - -
25,050 - - 25,050 22,106

Section C Notes to the account

Note 5 Details of certain items of

5..1 Fees for examination of the accounts Please provide details of the amount paid for any statutory

Note 5 Details of certain items of
5..1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory

Independent examiner’s fees
Assurance services other than audit or independent
Tax advisory fees
Other fees (for example: financial advice, consultancy,		 This year
£		 Last year
£
850 850

Section C Notes to the accounts

Note 6 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 6.1 Cost or valuation

Intangible
Asset
Other
land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings
and
equipme
nt
Total
£
£
£
£
£
At the beginning of
the year
500 - - 14,441 14,941
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
500- -14,441 14,941
Basis* SL or RB
SL or RB
SL or RB
SL or
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
At beginning of the
year
500 - - 9,802 10,302
Disposals
- - - - -
Depreciation
- - -1,546 1,546
Impairment
- - - - -
Transfers
- - - - -
At end of the year
500- -11,348 11,848
Net book value at
the beginning of
the year
- - - 4,639 4,639
Net book value at
the end of the year
- - - 3,093 3,093
6.2 Depreciation and impairments
6.3 Net book value*		 Intangible
Asset
Other
land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings
and
equipme
nt
Total
£
£
£
£
£
At the beginning of
the year
500 - - 14,441 14,941
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
500- -14,441 14,941
Basis* SL or RB
SL or RB
SL or RB
SL or
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
At beginning of the
year
500 - - 9,802 10,302
Disposals
- - - - -
Depreciation
- - -1,546 1,546
Impairment
- - - - -
Transfers
- - - - -
At end of the year
500- -11,348 11,848
Net book value at
the beginning of
the year
- - - 4,639 4,639
Net book value at
the end of the year
- - - 3,093 3,093
6.2 Depreciation and impairments
6.3 Net book value*		 Intangible
Asset
Other
land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings
and
equipme
nt
Total
£
£
£
£
£
At the beginning of
the year
500 - - 14,441 14,941
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
500- -14,441 14,941
Basis* SL or RB
SL or RB
SL or RB
SL or
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
At beginning of the
year
500 - - 9,802 10,302
Disposals
- - - - -
Depreciation
- - -1,546 1,546
Impairment
- - - - -
Transfers
- - - - -
At end of the year
500- -11,348 11,848
Net book value at
the beginning of
the year
- - - 4,639 4,639
Net book value at
the end of the year
- - - 3,093 3,093
6.2 Depreciation and impairments
6.3 Net book value*		 Intangible
Asset
Other
land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings
and
equipme
nt
Total
£
£
£
£
£
At the beginning of
the year
500 - - 14,441 14,941
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
500- -14,441 14,941
Basis* SL or RB
SL or RB
SL or RB
SL or
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
At beginning of the
year
500 - - 9,802 10,302
Disposals
- - - - -
Depreciation
- - -1,546 1,546
Impairment
- - - - -
Transfers
- - - - -
At end of the year
500- -11,348 11,848
Net book value at
the beginning of
the year
- - - 4,639 4,639
Net book value at
the end of the year
- - - 3,093 3,093
6.2 Depreciation and impairments
6.3 Net book value*		 Intangible
Asset
Other
land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings
and
equipme
nt
Total
£
£
£
£
£
At the beginning of
the year
500 - - 14,441 14,941
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
500- -14,441 14,941
Basis* SL or RB
SL or RB
SL or RB
SL or
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
At beginning of the
year
500 - - 9,802 10,302
Disposals
- - - - -
Depreciation
- - -1,546 1,546
Impairment
- - - - -
Transfers
- - - - -
At end of the year
500- -11,348 11,848
Net book value at
the beginning of
the year
- - - 4,639 4,639
Net book value at
the end of the year
- - - 3,093 3,093
6.2 Depreciation and impairments
6.3 Net book value*		 Intangible
Asset
Other
land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings
and
equipme
nt
Total
£
£
£
£
£
At the beginning of
the year
500 - - 14,441 14,941
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
500- -14,441 14,941
Basis* SL or RB
SL or RB
SL or RB
SL or
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
At beginning of the
year
500 - - 9,802 10,302
Disposals
- - - - -
Depreciation
- - -1,546 1,546
Impairment
- - - - -
Transfers
- - - - -
At end of the year
500- -11,348 11,848
Net book value at
the beginning of
the year
- - - 4,639 4,639
Net book value at
the end of the year
- - - 3,093 3,093
6.2 Depreciation and impairments
6.3 Net book value*		 Intangible
Asset
Other
land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings
and
equipme
nt
Total
£
£
£
£
£
At the beginning of
the year
500 - - 14,441 14,941
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
500- -14,441 14,941
Basis* SL or RB
SL or RB
SL or RB
SL or
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
At beginning of the
year
500 - - 9,802 10,302
Disposals
- - - - -
Depreciation
- - -1,546 1,546
Impairment
- - - - -
Transfers
- - - - -
At end of the year
500- -11,348 11,848
Net book value at
the beginning of
the year
- - - 4,639 4,639
Net book value at
the end of the year
- - - 3,093 3,093
6.2 Depreciation and impairments
6.3 Net book value*
SL or RB SL or RB SL or RB SL or
RB		 SL or RB Straight
Line ("SL")
or Reducing
Balance
("RB")
500 - - 9,802 10,302
- - - - -
- - -1,546 1,546
- - - - -
- - - - -
500- -11,348 11,848
- - - 4,639 4,639
- - - 3,093 3,093
- - - 4,639 4,639
- - - 3,093 3,093

Section C Notes to the account

Note 7 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

7.1 Analysis of debtors

Members Loan

Prepayments and accrued income Other debtors

This year
£		 Last
year
£
- -
3,000.0 -
- -
3,000.0 -

Total

Note 8 Creditors and accruals Please complete this note if the charity has any creditors or

8.1 Analysis of creditors

Accruals
Women Account
Trade creditors
Payments
received on
account for
contracts or
performance-
related grants
Other creditors
Total		 Amounts falling Amounts falling Amounts falling due Amounts falling due
This year
£		 Last
year
£		 This year
£		 Last
year
£
850 850 - -
350 350 - -
- - - -
- - - -
- - - -
1,200 1,200 - -

Section C Notes to the accounts

Note 9 Cash at bank and in hand

Current Account Deposit Account Petty Cash Other Total

This year
£		 Last
year
£
3,663 7,106
34,468 32,487
54 54
250 250
38,435 39,897