| Notes | Total | Total | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| INCOMING RESOURCES |
|||||
| Donations, legacies &similar |
incoming resources | 27,553 | 24,626 | ||
| Activities in furtherance |
ofcharity's abject | 11,116 | |||
| Total Incoming Resources | 38,669 | 24,626 | |||
| RESOURCES EXPENDED | |||||
| Grants Paid | 2,794 | 3,765 | |||
| Charitable Expenditure |
25,176 | 21,322 | |||
| Management and Governance |
Cost | 2,545 | 2,015 | ||
| Total Resources Expended | 30,515 | 27,102 | |||
| Net Incoming/(Outgoing) | Resources forthe year | 8,154 | (2,476) | ||
| BALANCE AT BEGINNING | OF THE YEAR | 69,5B7 | 72,063 | ||
| BALANCE AT ENDING OF | THE | YEAR | 77,741 | 69,587 |
| BALANCE SHEETAS AT YEAR ENDED 31DECEMBER2022 | |||
|---|---|---|---|
| Notes | 2022 | 2021 | |
| FIXEDASSETS | |||
| Tangible Assets | 7,398 | ||
| CURRENT ASSETS | |||
| Debtor and Prepayments | |||
| Cash and hank balances | 71,093 | 68,036 | |
| 71,093 | 68,036 | ||
| SHORT TERM LIABILITIES | |||
| Creditors (amount | falling due within ayear) | 730 | 1,649 |
| NET CURRENT ASSETS | 70,343 | 66,387 | |
| LONG TERM LIABILITIES | |||
| Creditors (amount | falling due after more than one year) | ||
| NET ASSETS | 77,741 | 69,987 | |
| CHARITY FUNDS | |||
| Accumulated Funds |
10 | 77,741 | 69,587 |
| 77,741 | 69,587 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| 4.Grant Paid | 2022 | 2021 | ||||
| Grant Paid (Non-Institutional) | ||||||
| Pastor's Stipends | ||||||
| Administrative Gifts &Grants |
||||||
| Grant Paid (Institutional) | ||||||
| Other Charitable giving |
—UK | 350 | 100 | |||
| Charitable giving —overseas |
||||||
| 350 | 100 | |||||
| List ofMajor Institutional | grant paid | |||||
| RCCG WEM | 2,465 | |||||
| RCCG Contribution —Central Office |
support | 1,200 | 1,200 | |||
| RCCG Contribution -Area |
& Provincial Office support | |||||
| Festival of Life &Other Evangelism | Support | |||||
| 3,665 | ||||||
| To~el | 2,794 | 3,765 | ||||
| 2022 | 2021 | |||||
| 5.COSTOFACTIVITIES IN FURTHERANCE OF CHARITY OBJECT | ||||||
| Accountancy Fees |
1,200 | 1,200 | ||||
| Rent &Rate | 10,987 | 11,250 | ||||
| Travel &Subsistence | 1,777 | |||||
| Insurance &Licence |
2,490 | 1,903 | ||||
| Stationeries, Printing & |
Publication | 360 | ||||
| Utility | 3,780 | |||||
| Telephone, Internet & Postage |
202 | |||||
| Depreciation | 2,531 | 1,185 | ||||
| Administrative | 1,229 | 3,601 | ||||
| Repairs 8 Maintenance | 776 | 1,380 | ||||
| 25,176 | 21,322 |
| Total | Total | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6.MANAGEMENT &GOVERNANCE |
COST | ||||
| StaffTraining | 145 | 215 | |||
| Staff Cost | 2,400 | 1,800 | |||
| 2,545 | 2,015 | ||||
| Furniture & |
|||||
| 7.TANGIBLE FIXEDASSET | Equipment | Fittings | Total | ||
| Cost | |||||
| At 1January 2022 | 3,593 | 4,983 | 8,576 | ||
| Additions during the year |
5,353 | 1,376 | 6,729 | ||
| At 31December 2022 | 8,946 | 6,359 | 15,305 | ||
| Depreciation | |||||
| At 1January 2022 | 3,017 | 2,359 | 5,376 | ||
| Charged forthe year | 1,259 | 1,272 | 2,531 | ||
| At31December 2022 | 4,276 | 3,631 | 7,907 | ||
| Net BookValue | |||||
| At31December 2022 | 4,670 | 2,728 | 7,398 | ||
| At 31December 2021 | 576 | 2,624 | 3,200 | ||
| 2022 | 2021 | ||||
| 8.CASH &BANK BALANCES | |||||
| Cash at hand | |||||
| Bank Balance | 71,093 | 68,036 | |||
| 71,093 | 68,036 | ||||
| 2022 | 2021 | ||||
| 9.CREDITORS: AMOUNT | FALLING DUE WITHIN ONE YEAR | E | f | ||
| Owings | 750 | 1,649 | |||
| 750 | 1,649 | ||||
| 2022 | 2021 | ||||
| 10.RESERVE (CHARITY FUNDS) | |||||
| Income &Expenditure | Account | b/f | 69,587 | 72,063 | |
| Income & Expenditure | Account | (current year) | 8,154 | (2,476) | |
| 77,741 | 69,587 |