Registered number: 09154557 Charity number: 1169692 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **ACCOUNT** **FOR THE YEAR ENDED 31/07/2021** ## **Prepared By:** Lawrence & Co F.A.I.A Accountant In Public Practice Regency Court 214 Upper Fifth Street Central Milton Keynes MK9 2HR ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/07/2021** ## **TRUSTEES** Otoo Emmanuel Addison ## **REGISTERED OFFICE** 2 William Priestley park Lancaster LA1 5WD ## **COMPANY NUMBER** 09154557 **CHARITY NUMBER** 1169692 ## **ACCOUNTANTS** Lawrence & Co F.A.I.A Accountant In Public Practice Regency Court 214 Upper Fifth Street Central Milton Keynes MK9 2HR page 1 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **ACCOUNTS** ## **FOR THE YEAR ENDED 31/07/2021** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Independent Examiner's Statement|4| |Accountant's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Accounts|9 to 13| |Detailed Statement of Financial Activities|12| page 2 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31/07/2021** The trustees present their report and accounts for the year ended 31/07/2021 ## **PRINCIPAL ACTIVITIES** The principal activity of the charity in the year under review was RELIGIOUS ORGANISATIONS . ## **STRUCTURE GOVERNANCE AND MANAGEMENT** structure and governance text goes here The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 13/04/2022 Otoo Emmanuel Addison Trustee page 3 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **INDEPENDENT EXAMINER'S STATEMENT** ## **FOR THE YEAR ENDED 31/07/2021** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** I report on the accounts of the company for the year ended 31/07/2021 . ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of . Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINERS STATEMENT** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. page 4 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **INDEPENDENT EXAMINER'S STATEMENT** ## **FOR THE YEAR ENDED 31/07/2021** ## **INDEPENDENT EXAMINERS STATEMENT** In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached ................................................... Date: 13/04/2022 Lawrence & Co F.A.I.A Accountant In Public Practice Regency Court 214 Upper Fifth Street Central Milton Keynes MK9 2HR page 5 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH, FOR THE YEAR ENDED 31/07/2021** In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH for the year ended 31/07/2021 as set out on pages - to (1) from the company's accounting records and from information and explanations you have given us. As a practising member of the , we are subject to its ethical and other professional requirements which are detailed on their website. This report is made solely to the Board of Directors of THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH and state those matters that we have agreed to state to the Board of Directors of THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH, as a body, in this report, in accordance with the requirements of the as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH and its Board of Directors as a body for our work or for this report. It is your duty to ensure that THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH. You consider that THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. Lawrence & Co F.A.I.A Accountant In Public Practice Regency Court 214 Upper Fifth Street Central Milton Keynes MK9 2HR 13/04/2022 page 6 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** |**Statement of Financial Activities**
**for the year ended 31/07/2021**
**Income**
Income from generated funds
Income from charitable activities
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Net Income**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
**Net income for the year**
Total funds brought forward
**Net funds carried forward**|**Unrestric**
**ted funds**
**£**
-
**-**
-
**-**
**-**
**-**
-
**-**|**Restricte**
**d funds**
**£**
-
**-**
-
**-**
**-**
**-**
-
**-**|**2021**
**Total**
**£**
57,786
**57,786**
18,261
**18,261**
**39,525**
**39,525**
25,081
**64,606**|2020
Total
£
28,945| |---|---|---|---|---| |||||28,945| |||||23,190| |||||23,190| |||||5,755| |||||5,755
19,326| |||||25,081| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 7 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **BALANCE SHEET AT 31/07/2021** |**BALANCE SHEET AT 31/07/2021**||||| |---|---|---|---|---| |**Notes**
**FIXED ASSETS**
Tangible assets
3
**CURRENT ASSETS**
Cash at bank and in hand
**CREDITORS: Amounts falling due within one year**
4
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CAPITAL AND RESERVES**
**Unrestricted funds**
**6**
Difference on accounts|57,519
57,519
300|**2021**
**£**
1,057
57,219
58,276
58,276|23,972
23,972
300|2020
£
1,409
23,672| |||||25,081| |||||25,081| For the year ending 31/07/2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **Approved by the board of trustees on 13/04/2022 and signed on their behalf by** ............................. Otoo Emmanuel Addison Trustee page 8 **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/07/2021** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **1d. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **1f. Depreciation** Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipment reducing balance 25% page 9 **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **1g. Turnover** Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. ## **2. EMPLOYEES** |**2. EMPLOYEES**||| |---|---|---| ||**2021**|2020| ||**No.**|**No.**| |Average number of employees|-|-| ## **3. TANGIBLE FIXED ASSETS** |**Cost**
At 01/08/2020
At 31/07/2021
**Depreciation**
At 01/08/2020
For the year
At 31/07/2021
**Net Book Amounts**
At 31/07/2021
At 31/07/2020|**Equipment**
**£**
2,459
2,459
1,050
352
1,402
1,057
1,409|**Total**
**£**
2,459| |---|---|---| |||2,459| |||1,050
352| |||1,402| |||1,057| |||1,409| ## **4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other creditors|**2021**
**£**
300
300|2020
£
300| |---|---|---| |||300| page 10 **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** ## **5. LIMITED BY GUARANTEE** The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/07/2021 there were 1 members. ## **6. UNRESTRICTED FUNDS** ## **7. RESTRICTED FUNDS** **----- Start of picture text -----**
Brought Incoming Outgoing Transfers Carried
forward resource resource forward
s s
£ £ £ £ £
Brought Incoming Outgoing Transfers Carried
forward resource resource forward
s s
£ £ £ £ £
**----- End of picture text -----**
page 11 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** **Incoming Resources for the year ended 31/07/2021** **Incoming resources Incoming resources from generated funds** |**2021**
**£**
57,786
57,786|2020
£| |---|---| ||28,945| ||28,945| page 12 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH** |**Expenses**
**for the year ended 31/07/2021**
**Expenses**
**Costs of generating funds**
**Charitable Activities**
Insurance
Rent of Church & Hall
Cleaning
Repairs and renewals
Use of residence
Evangelism
Travel
Accountancy fees
Printing & Stationery
Telephone
Bank charges
Sundry expenses
Depreciation of equipment|**2021**
**£**
349
6,500
1,451
1,359
960
2,800
2,752
300
528
910
-
-
352
18,261
18,261|2020
£
289
6,500
1,279
1,205
960
2,700
2,451
300
457
910
20
5,649
470| |---|---|---| |||23,190| |||| |||23,190| page 13