| CONTENTS | ||
|---|---|---|
| Reference andAdministrativeDetails | J | |
| Trustees'Annual Report | 4 | |
| lndependentExaminer'sReport | 6 | |
| Statement ofFinancialActivities | 7 | |
| Balance Sheet | 8 | |
| Noteto theFinancialStatements | 9 |
| Notes | Total | Total | Total | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| INCOMINGRESOURCES | € | €. | ||
| Donations,legacies& similar incomingresources | 40,411 | 27,553 | ||
| Activitiesinfurtherance of charity's object | 9,381 | 11.11(r | ||
| Total lncomingResources | 49,864 | 38,669 | ||
| RESOURCES EXPENDED | ||||
| GrantsPaid | 4 | 3,279 | 2,794 | |
| Charitable Expenditu re | 5 | 38,165 | 25,L76 | |
| Managementand GovernanceCost | 6 | 2,530 | ,q,i.q | |
| TotalResources Expended | 43,974 | 30,5r.4 | ||
| Nettncomingl(OutgoingjResourcesfortheyear | 5,890 | - | 8,155 | |
| BALANCEATBEGINNINGOF THE YEAR | 77,747 | 69,587 | ||
| BALANCEATENDINGOF THE YEAR | 83,631 | 77,741. |
| Notes | 2A73 | 2022 | |
|---|---|---|---|
| rHEDAssETS | I | { | |
| TangibleAssets | 7,584 | 7,398 | |
| CURRENTASSETS | |||
| Debtor and Prepayments | |||
| Cashand bankbalances | 16,146 | 71,G3 | |
| $HOHTTERMTIABILITIES | |||
| Creditors (amount failing duewithinayear) | |||
| NET CURRENTASSETS | .: ,.;a | ||
| LONGTERMLIABILITIES | |||
| Creditcrs(amountfalling dueaftermorethanone year) | |||
| NETASSETS | 83,531 | 77,741 | |
| CHARITY FUNDS | |||
| .{ccumulatedFunds | 83,631 | 77,741. | |
| Rl641 | 77,741" | ||
| Approvedbythetrusteesand signed ontheirbehalf by: | |||
| Name:fV\5LoX. | |||
| Position:fr r-:Yir-c-- |
|||
| lif,naiure:t.,$?--.e-:"1 | |||
| (o18lz-* |
| Total | Total | |
|---|---|---|
| GrantPaid | 2023 | 2022 |
| GrantPaid(Non-lnstitutional) | I | E |
| Pastor's Stipends | ||
| AdministrativeGifts&Grants | ||
| GrantPaid(lnstitutional) | ||
| OtherCharitablegiving-UK | 650 | 350 |
| Charitablegiving-overseas | ||
| 650 | 350 | |
| Listof Major lnstitutionalgrantpaid | ||
| RCCGWEM | 1,429 | 1,,244 |
| RCCGContribution- Central Officesupport | t,200 | 7,200 |
| RCCGContribution-Area&Provincial Officesupport | ||
| FestivalofLife& OtherEvangelismSupport | ||
| 2,629 | 2,444 | |
| Total | 3,279 | 2,794 |
| 2023 | 2022 | |
| 5.COST OFACTIVITIESINFURTHERANCE OF CHARITY OBJECT | € | f |
| AccountancyFees | 7,200 | 1,,200 |
| Rent&Rate | 17,535 | 10,987 |
| Travel&Subsistence | 927 | 1,177 |
| lnsurance&Licence | 1,934 | 2,490 |
| Stationeries, Printing &Publication | 466 | 204 |
| Utility | 4,744 | 3,780 |
| Telephone,lnternet &Postage | 202 | |
| Entertainment & Hospitality | 4,292 | |
| Depreciation | 2,7s4 | 2,53L |
| OtherProfessionalFee | 750 | |
| Administrative | 883 | 1,,229 |
| Repairs& Maintenance | 3,284 | 776 |
| 38,165 | 25,L76 |
| Total | Total | ||
|---|---|---|---|
| 2023 | 2022 | ||
| 6. MANAGEMENT&GOVERNANCECOST | f. | € | |
| StaffTraining | L45 | ||
| Staff Cost | 2,530 | 2,400 | |
| 2,530 | 2,545 | ||
| Furniture& | |||
| 7, TANGIBLEFIXED ASSET | Equipment | Fittings | Total |
| Cost | f. | € | f |
| AtLJanuary 2023 | 8,946 | 6,359 | 15,305 |
| Additions during the year | 837 | 2,104 | 2,94L |
| At31 December 2023 | 9,783 | 8,462 | 18,246 |
| Depreciation | |||
| At1January 2023 | 4,276 | 3,631 | 7,907 |
| Chargedfor theyear | 7,426 | L,328 | 2,754 |
| At31 December 2023 | 5,702 | 4,959 | 10,651 |
| NetBookValue | |||
| At31 December 2023 | 4,087 | 3,503 | 1,584 |
| At31 December 2022 | 4,670 | 2,728 | 7,398 |
| 2023 | 2022 | ||
| 8.CASH&BANKBALANCES | EE | ||
| Cashathand | |||
| Bank Balance | 76,746 | 7r,093 |
|
| 16,1,46 | 71,093 | ||
| 2023 | 2022 | ||
| 9.CREDITORS:AMOUNTFALLINGDUEWITHINONEYEAR | f | E | |
| Owings | 100 | 150 | |
| 100 | 750 | ||
| 2023 | 2022 | ||
| 10.RESERVE(CHARITYFUNDS) | ff | ||
| lncome &ExpenditureAccountbf | 77,74L | 69,587 | |
| lncome&ExpenditureAccount(currentyear) | 5,890 | 8,155 | |
| 83,631 | 77,74r |