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||||Notes|Total|Total|
|---|---|---|---|---|---|
|INCOMING|RESOURCES|||2020|2019|
|Donations,|legacies gtsimilar incoming resources|||||
|Activities<br>in|furtherance|ofchairty's object||25,440|30,847|
|Total Incoming Resources|||||15431|
|||||25,440|46,078|
|RESOURCES|EXPENDED|||||
|Grants Paid||||||
|Charitable<br>Expenditure||||4,370|4,747|
|Management|and Governance Cost|||21,039|25,335|
|Total Resources Expended||||1,850|1,725|
|||||27,259|31,806|
|Net Incomingf(Outgoing}||Resources forthe year||(1„819}|14,272|
|BALANCE AT|BEGINNING OFTHE YEAR|||||
|||||73,882|59,611|
|BAIANCE AT|ENDING OFTHE YEAR|||||
|||||72,063|73,882|





|THE REDEEMED CHRISTIAN CHURCH OFGOD (RCCG) ABUNDANT|GRACE TABERNACLE|GRACE TABERNACLE||
|---|---|---|---|
|BALANCE SHEETAS ATYEAR ENDED31DECEMBER2020||||
||Notes|2020|2019|
|FlXED ASSETS||||
|Tangible<br>Assets||4,385||
|CURRENT ASSETS||||
|Debtor and Prepayments||||
|Cash and bank balances||69,596|74,353|
|||69,596|74,353|
|SHORT TERM LIABILITIES||||
|Creditors (amount falling due within a year)||1,918|1,960|
|NET CURRENT ASSETS||67,678|72,393|
|LONG TERM UABILITIES||||
|Creditors (amount falling due after more than one year)||||
|NETASSETS||72,063|73,882|
|CHARITY FUNDS||||
|Accumulated<br>Funds|10|72,063|73,882|
|||72,063|73,882|






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|4.Grant Paid||||||Total|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||2020|2019||
|Grant Paid (Non-Institutional)|||||||||
|Pastor's Stipends|||||||||
|Administrative<br>Gifts &Grants|||||||||
|||||||50||100|
|||||||50||100|
|Grant Paid (Institutiona&|||||||||
|Other Chaditable|jiving -UK|||||750||68|
|Charitable<br>giving|—overseas||||||||
|||||||750||68|
|List ofMajor Institutional|||grant paid||||||
|RCCG WEM|||||||||
|||||||2,370|2,999||
|RCCG Contribution||—Central Office||support||1,200|1,200||
|RCCG Contribution||-Area|&Provincial||Office support|||380|
|Festival ofLife8 Other Evangelism||||Support|||||
|||||||3,570|4,579||
|Total|||||||||
|||||||4,370|4,747||
|||||||2020|2019||
|5.COST OFACTAIITIES|IN FURTHERANCE|||OF CHARITY OBJECT|||||
|Accountancy<br>Fees||||||1400|1,200||
|Rent &Rate|||||||||
|||||||11,655|6,971||
|Travel &Subsitence|||||||||
|||||||56|1,655||
|insurance &Licence|||||||||
|Refreshment<br>&Hospitality||||||||151|
|Stationeries,<br>Printing||&Publication||||328||988|
|Telephone,<br>Internet||&Postage||||||525|
|Honorarium|||||||||
||||||||2,470||
|Depreciation||||||1,205||477|
|Administrative|||||||||
|||||||127||95|
|Repairs &Maintenance||||||3,607|8,218||
|Other Professional|Fee||||||||
|||||||900|2,400||
|Hotel &Accommodation|||||||||
|||||||||107|
|||||||21,039|25,335||





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||||Total|Total|
|---|---|---|---|---|
||||2020|2019|
|6.MANAGEMENT &GOVERNANCE COST|||||
|StaffTraining|||||
|StaffCost|||1,850|1,725|
||||1,850|1,725|
||||Furniture<br>&||
|7.TANGIBLE FIXEDASSET||Equipment|Fittings|Total|
|Cost|||||
|At 1January 2020||2,651|1,824|4,475|
|Additions<br>during the year|||3,159|4,101|
|At31December 2020||3,593|4,983|8,576|
|Depredation|||||
|At 1January 2020||2,621||2,986|
|Charged forthe year||208|997|1,205|
|At 31December 2020||2,829|1,362|4,191|
|Net BookValue|||||
|At31December 2020||764|3,622|4,385|
|At 31December 2019||30|1,459|1,489|
||||2020|2019|
|8.CASH &BANK BAlANCES|||||
|Cash at hand|||||
|Bank Balance|||69,596|74,353|
||||69,S96|74,353|
||||2020|2019|
|9.CREDITORS: AMOUNT|FALUNG DUE WITHIN ONE YEAR||F.|E|
|Owings|||1,918|1,960|
||||1,918|1,960|
||||2020|2019|
|10.RESERVE(CHARITYFUNDS)|||||
|Income &Expenditure|Account b/f||73,882|59,611|
|Income &Expenditure|Account (current year)||(1,819)|14,272|
||||72,063|73,882|