REDEEMED CHRISTIAN CHURCH OF GOD LIVING WATER PARISH (STOKE-ON-TRENT)
Trustees Report and Financial Statements Y Y e e a a r r e e n n d d e e d d : : 3 3 1 1 D D e e c c e e m m b b e e r r 2 2 0 0 2 2 1 1
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Contents
Page
Legal and administrative information 3 Report of the Trustees 4
Report of the Independent examiner Statement of financial activities Balance sheet
2
Legal and administrative information
Trustees Pastor (Dr) Valentine Ohakwe Pastor Adeyinka Odebade Mrs Catherine Banda Deacon Olukunle Olabode
Registered Office
Redemption Community Hub Herbert Minton Building 79 London Road Stoke-on-Trent ST4 7QE
Bankers
Barclays Bank PLC, Hanley Staffordshire Group 36 Town Road ST1 2JQ
Lloyds TSB Plc, Fountain Square, Hanley, Stoke-on-Trent
Accountant / Independent examiner Tunji Ogedengbe FCCA DTT Consultancy Ltd 36 Daffodil Close, Hatfield AL10 9FF
3
Report of the Trustees for the year ended 31 December 2021
It is with great pleasure we present the annual report and the financial statements for the year ended 2021.
The financial statement has been prepared in accordance with the accounting policies set out on page 9 and comply with the charity Trust Deed and the recommendations of the Statement of Recommended Practice, Accounting and Reporting by Charities and complies with the applicable law.
Principal Objectives and Performances
Living Water Parish Stoke-on-Trent church is a member of the “ Redeemed Christian Church of God” which has parishes all over the world. RCCG Living Water Parish is constituted as a charity in its own right and is therefore governed by the charities Act 1993.
The objectives of Charity are:
1) The advancement of the Christian Faith worldwide
2) The relief of proverty
The main objectives and performamces for the year continued to focus on relief of proverty and the advancement of the Christian faith. These were accomplished through several means including:
-
Worship services every Sunday and other weekly activities involving different families of the parish. Offerings/ donations were collected during these programmes for the running and maintenance of the parish; and to support our objective of relief of poverty.
-
Other special programmes such as seminars and workshops, as well as outreach activities – inviting local residents and general public to meetings aimed to spread the good news, advance the Christian faith, and educate participants on a number of beneficial issues such as finance, parenting and good mental health.
Development, activities and achievements this year.
The Charity continued to strive to ensure the objectives of the charity are met. This year we continued to meet the objectives of furthering the Christian faith and alleviating the sufferings of the people generally irrespective of their race, background, sex or faith.
This year we have been successful in sharing the Christian faith and helping people develop biblical principles that build up self-esteem, thereby enabling them to stay out of criminality and social vices; and
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further assisting them to fulfill their purpose in life and live happy productive lives.
The church is keen at helping create stronger family ties and educating the youth. We operate help, guidance and advisory sessions on a regular basis to church members (and non church members on demand) on matters of family life, good physical and mental health, education of young members, and general civic responsibilities.
We continued to support and encourage young people by providing a Children/ Teenagers’ church where children and teenagers meet on Sunday morning under a caring, supportive and encouraging atmosphere. The Youths fellowship (Chosen Generation) caters for younger adults who meet for special activities suited to their needs. Our activities also included the organisation of leadership seminars for the benefit of the community where youths and other matured individuals were encouraged to take up leadership roles within the community.
In terms of donations we supported a number of charities and organisations involved in providing specialized services to clients both locally and further afield, such as the Cross Rhythms local community radio station. We supported Africa Mission, an aid relief agency to underprivileged people in Africa; and Compassion UK which helps to bring children out of poverty from around the world. We also supported the World Evangelical Mission which aims at furthering the Christian faith all over the world.
The Church post Covid-19 pandemic
2020 was the year whose main distinguishing feature was the covid-19 pandemic and the long period of lockdown which caused much disruption to businesses, families and organisations like ours. 2021 was really the year of emergence from the pandemic era
Given that Living water parish was able to remain open and adopted a hybrid mode of holding its activities from July 2020 (both face-to-face where feasible and online), 2021 was very much a year of consolidation rather than emergence for the parish. Majority of the old members returned back to normal gathering and several new members also joined the church.
This year trustees consider that the performance of the parish has been satisfactory in terms of advancement of the Christian faith and relief of poverty. This is especially taking cognizance of the effects of the covid-19 pandemic.
5
Future development.
The charity plans continuing the activities lined above in the forthcoming years subject to satisfactory funding arrangements. Plans are also being developed to work on a number of schemes:
-
Development of the facilities within Redemption Community Hub (Herbert Minton Building) – since moving into the church property/ premises, the parish has developed the facilities to adequately serve both as place of worship and church offices. The parish will seek to develop the many other available rooms and spaces for rent, hire and use by other organisations. This is to generate additional funds for the parish, especially towards setting up the Nursery/ Day Care project. Spaces will also be available for use as community centre for events like coffee morning for the elderly.
-
Development of the Redemption Community Outreach project (RCOP) - This will reach out to the community through events aimed to spread the good news of the gospel and to improve the lives of the community members. Some of the programmes being conceived include visiting residential/ care homes, Food bank, Coffee Morning for the elderly.
-
The parish would continue to be a church for all people from all nations, and deliberate efforts will continue to ensure the church remains welcoming to people from all works of life and all parts of the world.
-
The Choir, Evangelism and Prayer units would be further strengthened along with other units of church. to further the course of Christian faith
-
Helping the homeless: by donating clothing and necessary materials for their upkeep
We hope to increase our involvement with the local community through social action and social inclusion by further strengthening our advisory sessions, developing biblical principles, organising leadership seminars, economic empowerment, impacting entrepreneurship skills etc. It is envisaged that the RCOP would be the main vehicle for achieving these.
Financial results and future activities .
The statement of the financial activities shows income of £141,439.00 and expenditure of £124,433.00.
The financial contributions from members (mostly online since the pandemic) has enabled the church to support quite a good number of organisations, charities and visiting ministers as well as meeting other charitable objectives.
The present level of funding is adequate to support the continuation of the church objectives. We note, with delight, that the net income for the
6
year was more than the expenditures; this leaves the charity in a positive financial position.
Public Benefit
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in this report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
Risk Management.
The trustees actively review the major risks which the charity faces on a regular basis. The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Volunteers.
Many volunteers give up their time to help at the church, particularly at weekends and in the evenings. We are greatly indebted to these volunteers for their commitment and support.
Approved by the trustees and signed on their behalf by:
ADOdebade
Adeyinka Odebade Board of trustees
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Charity no 1171735
RCCG Living Water Parish Stoke - on-Trent
Annual Accounts
1 Jan 2021 - 31 Dec 2021
Prepared by DTT Consultancy Ltd
RCCG Living Water Parish
REFERENCES AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTESS AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021
| General Overseer | Pastor Enoch Adeboye |
|---|---|
| Trustees | PastorOniyide Oludayomi |
| Cedric Barber | |
| Adeyinka Odedade | |
| Minister In Charge | Pastor Marcus Chilaka |
| Charity registration no | 1171735 |
| Principal office | Herbert Minton Building |
| 79 London Road | |
| Stoke on Trent | |
| ST4 7PZ | |
| Independent Examiner | Tunji Ogedengbe |
| 36 Daffodil Close | |
| Hatfield | |
| AL10 9FF | |
| Bankers | Barclays bank |
RCCG Living Water Parish
Report of the Trustees
for the year ended 31st December 2021
FINANCIAL REVIEW
Reserves policy
The net profit resources for the year amounted to £17,807 with a net assest of £118,620. All these have been unrestric and no fund isallocated to restricted project. The trustees have established a policy whereby the unrestricted funds not or invested in tangible fixed assets, the free reserves, held by the church should be 3 months of annual expenditure. At this level, the trustees feel that it would be able to continue the current activities of the church in the event of signific drop in funding.
Principal funding sources
This is provided mainly through voluntary tithes and offerings by the church members and through gift aid scheme. Pledges are also taken for specific projects.
FUTURE DEVELOPMENTS
The church will continue to explore various ways of spreading the gospel of Christ in an affective manner. The charity is also looking to grow in membership and continue to develop its members to make life - changing impact in society, plant more parishes and due to the increase in the number of members, our future plan is to accommodate those members and likely additional.
ON BEHALF OF THE BOARD:
Date: 2nd Oct 2022
Adeyinka Odedade
`
THE REDEEMED CHRISTIAN CHURCH OF GOD RCCG Living Water Parish
INDEPENDENT EXAMINNERS REPORT FOR THE PERIOD January 2021 to December 2021
I report on the financial statements of RCCG Living Water Parish for the year ended 31st December 2021 which comprise the statement of financial activities, the balance sheet, and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein.
Respective responsibilities of trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act),as amended by s.28 of the Charities Act 2006 does not apply. It is my responsibility to examine accounts under section 43 of the Act, as amended, to follow procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, as amended, whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charities Commissioners. 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 I do not express an audit opinion on the view
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(i) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting of the Act have not been met; or
-
(ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Tunji Ogedengbe 36 Daffodil Close Hatfield AL10 9FF
2nd Oct 2022
| RCCG | RCCG Living Water Parish | RCCG Living Water Parish | RCCG Living Water Parish | RCCG Living Water Parish | RCCG Living Water Parish | |
|---|---|---|---|---|---|---|
| Annualaccountsforthe period | ||||||
| Period start date | 1st Jan 2021 | To | Period end date |
31st Dec 2021 |
Section A Statement of financial activities
| Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income S01 Activities for generating funds S02 Investment income S03 Incoming resources from charitable activities S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 Total funds carried forward Total funds brought forward Net movement in funds Net incoming/(outgoing) resources before transfers Prior year adjustment Gains and losses on revaluation of fixed assets for the charity’s own use Other recognised gains/(losses) Net incoming/(outgoing) resources before other recognised gains/(losses) Gross transfers between funds Total resources expended Total incoming resources |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
|---|---|---|---|---|---|
| - | - | - | - | - | |
| 124,096 | - | - | 124,096 | 95,003 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 17,343 | - | - | 17,343 | 18,405 | |
| - | - | - | - | - | |
| 141,439 | - | - | 141,439 | 113,408 | |
| - | - | - | - | - | |
| 108,940 | - | - | 108,940 | 71,276 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 15,493 | - | - | 15,493 | 9,425 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 124,433 | - | - | 124,433 | 80,701 | |
| 17,006 | - | - | 17,006 | 32,707 | |
| - | - | - | - | - | |
| 17,006 | - | - | 17,006 | 32,707 | |
| - | - | - | - | - | |
| - | - | - | 15,000 - |
||
| 17,006 | - | - | 17,006 | 17,707 | |
| 118,520 | - | - | 118,520 | 100,813 | |
| 135,526 | - | - | 135,526 | 118,520 |
1
Section B Balance sheet
| Fixed assets Tangible assets (Note 9) Investments (Note 10) Total fixed assets Current assets Stock and work in progress Debtors (Note 11) (Short term) investments Cash at bank and in hand Total current assets Creditors: amounts falling due within one year (Note 12) Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year (Note 13) Provisions for liabilities and charges Net assets Funds of the Charity Unrestricted funds Restricted income funds (Note 14) Endowment funds(Note 15) Total funds Signed by |
Note B01 B02 B03 B04 B05 B06 B07 B08 B09 B10 B11 B12 B13 B14 B15 B16 B17 B18 B19 B20 |
Unrestricted funds £ F01 |
Restricted income funds £ F02 |
Endowment funds £ F03 |
Total this year Total last year £ £ F04 F05 |
Total this year Total last year £ £ F04 F05 |
|---|---|---|---|---|---|---|
| 384,239 | - | - | 384,239 | 386,359 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 384,239 | - | - | 384,239 | 386,359 | ||
| - | - | - | - | - | ||
| 10,220 | - | - | 10,220 | 8,170 | ||
| - | - | - | - | |||
| 13,086 | - | - | 13,086 | 4,436 | ||
| 23,306 | - | - | 23,306 | 12,606 | ||
| 450 | - | - | 450 | 450 | ||
| 22,856 | - | - | 22,856 | 12,156 | ||
| 407,095 | - | - | 407,095 | 398,515 | ||
| 271,569 | - | - | 271,569 | 279,995 | ||
| - | - | - | - | - | ||
| 135,526 | - | - | 135,526 | 118,520 | ||
| 135,526 | 135,526 | 118,520 | ||||
| - | - | |||||
| - | - | - | ||||
| - | - | - | ||||
| 135,526 | - | - | 135,526 | 118,520 | ||
| Signature | Date of approval Print Name |
|||||
| Adeyinka Odedade | 2nd Oct2022 | |||||
2
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 on the basis of historic cost (except that investments are shown at market value) in accordance with:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
• and with* Accounting Standards;
or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act 1993.
[** except for the following].
Give details in this box if a different standard has been followed.
-
-Tick as appropriate:
-
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.
** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).
- § if no changes have been made to accounting policies then delete these words.
1.3 Changes to previous accounts
No changes have been made to accounts for previous years
3
Section C Notes to the accounts (cont)
Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.
INCOMING RESOURCES
| Recognition of incoming | These are included in the Statement of Financial Activities (SoFA) when: |
|---|---|
| resources | the charity becomes entitled to the resources; |
| the trustees are virtually certain they will receive the resources; and | |
| the monetary value can be measured with sufficient reliability. | |
| Incoming resources with | Where incoming resources have related expenditure (as with fundraising or contract income) |
| related expenditure | the incoming resources and related expenditure are reported gross in the SoFA. |
| Grants and donations | Grants and donations are only included in the SoFA when the charity has unconditional |
| entitlement to the resources. | |
| Tax reclaims on donations | Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to |
| and gifts | which they relate. |
| Contractual income and | This is only included in the SoFA once the related goods or services have been delivered. |
| performance related grants | |
| Gifts in kind | Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. |
| Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or | |
| distributed by the charity. | |
| Gifts in kind for use by the charity are included in the SoFA as incoming resources when | |
| receivable. | |
| Donated services and | These are only included in incoming resources (with an equivalent amount in resources |
| facilities | expended) where the benefit to the charity is reasonably quantifiable, measurable and |
| material_._The value placed on these resources is the estimated value to the charity of the | |
| service or facility received. | |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
| Investment income | This is included in the accounts when receivable. |
| Investment gains and losses | This includes any gain or loss on the sale of investments and any gain or loss resulting from |
| revaluing investments to market value at the end of the year. | |
| EXPENDITURE AND | LIABILITIES |
| Liability recognition | Liabilities are recognised as soon as there is a legal or constructive obligation committing the |
| charity to pay out resources. | |
| Governance costs | Include costs of the preparation and examination of statutory accounts, the costs of trustee |
| meetings and cost of any legal advice to trustees on governance or constitutional matters. | |
| Grants with performance | Where the charity gives a grant with conditions for its payment being a specific level of service |
| conditions | or output to be provided, such grants are only recognised in the SoFA once the recipient of the |
| grant has provided the specified service or output. | |
| Grants payable without | These are only recognised in the accounts when a commitment has been made and there are |
| performance conditions | no conditions to be met relating to the grant which remain in the control of the charity. |
| Support Costs | Support costs include central functions and have been allocated to activity cost categories on a |
| basis consistent with the use of resources, eg allocating property costs by floor areas, or per | |
| capita, staff costs by the time spent and other costs by their usage. | |
| ASSETS | |
| Tangible fixed assets for use | These are capitalised if they can be used for more than one year, and cost at least £500. They |
| by charity | are valued at cost or a reasonable value on receipt. |
| Investments | Investments quoted on a recognised stock exchange are valued at market value at the year |
| end. Other investment assets are included at trustees' best estimate of market value. | |
| Stocks and work in progress | These are valued at the lower of cost or market value. |
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Section C Notes to the accounts (cont)
Note 3 Analysis of incoming resources
Incoming resources may be further analysed if this would help the reader of the accounts.
| Activities for generating funds Investment income Incoming resources from charitable activities Voluntary income |
Analysis | This year Last year £ £ |
This year Last year £ £ |
|---|---|---|---|
| Tithe | 84,012 | 95,003 | |
| Offering | 24,518 | ||
| Thanksgiving | 4,663 | - | |
| Building | 155 | ||
| Seed/Donation | 1,085 | ||
| Other(Refunds...) | 9,662 | - | |
| Total | 124,096 | 95,003 | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| Gift Aid | 17,343 | 18,405 | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | 17,343 | 18,405 |
5
RCCG Living Water Parish 1 Jan 21 - 31 Dec 21
Section C Notes to the accounts
Note 4 Analysis of resources expended
Resources expended may be further analysed if this would help the reader of the accounts.
| Governance costs Investment management costs Charitable activities Fundraising trading costs Costs of generating voluntary income |
Analysis This year Last year £ £ |
Analysis This year Last year £ £ |
Analysis This year Last year £ £ |
|---|---|---|---|
| Publicity &Adverts | 643 | 1,019 | |
| Books andLiterature | 392 | 324 | |
| Cateringand Refreshment | 752 | 1,286 | |
| Insurance | 4,632 | 4,791 | |
| BuildingRepairs &Maintenance | 17,071 | 2,677 | |
| Building SecurityMaintenance | 2,528 | ||
| Tech/Department expenses | 2,684 | ||
| Hoteland accommodation | 1,595 | ||
| Pastoralallowance | 6,453 | - | |
| Counciltax | 5,069 | 5,051 | |
| Honorarium | 6,287 | 1,064 | |
| OfficeExpense | 1,611 | 1,620 | |
| Meetings and Conferences | 2,682 | 1,390 | |
| Printing and Stationeries | 154 | 54 | |
| Professionalservices | 450 | 5,424 | |
| Training | 1,349 | 48 | |
| Travels andHotels | 3,862 | 390 | |
| Utilities | 9,230 | 5,385 | |
| Wages & Salaries | 2,500 | 2,964 | |
| Mortgageinterest | 18,541 | 19,362 | |
| Motorexpenses | 2,867 | 1,896 | |
| Telephone | 1,064 | 1,405 | |
| Other AdministrationCosts | 7,070 | 6,591 | |
| BankCharges | 554 | 455 | |
| IndependentExamination | 450 | 450 | |
| Other | 2,145 | 2,192 | |
| Depreciationon motor vehicles | 2,120 | 2,941 | |
| Purchase Of Equipment | 2,500 | ||
| Debtor writtenoff | 3,115 | ||
| Building Cleaning &Decoration | 1,069 | - | |
| Total | 108,940 | 71,276 | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| - | - | ||
| - | - | ||
| Total | - | - | |
| WEM | 4,854 | ||
| Gift &Donations | 3,054 | 1,978 | |
| Welfare | 1,666 | 387 | |
| WorldEvangelism | - | ||
| CentralOffice | 10,165 | 2,180 | |
| FOL | - | ||
| Outreach/CommunityProject | 608 | 25 | |
| Total | 15,493 | 9,425 | |
| - | - | ||
| Total | - | - |
6
Section C Notes to the accounts (cont)
Note 5 Support Costs
Please complete this note if the charity has analysed its expenses using activity categories and has support costs.
| support costs. | ||||
|---|---|---|---|---|
| Support cost type | Fundraising activity £ |
Charitable Activity £ |
Governance Activity £ |
Total Cost £ |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| Total | - | - | - | - |
Note 6 Details of certain items of expenditure
6.1 Trustee expenses
Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).
Number of trustees who were paid expenses Nature of the expenses
Total amount paid
| This year | Last year |
|---|---|
| £ | £ |
6.2 Fees for examination or audit of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).
| Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts |
This year £ |
Last year £ |
|---|---|---|
| 450 | 450 | |
7
RCCG Living Water Parish 1 Jan 21 - 31 Dec 21
Section C Notes to the accounts (cont)
Note 9 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
9.1 Cost or valuation
| Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Payments on account and assets under construction Total £ £ £ £ £ £ Balance brought forward 380,000 - 6,295 8,478 - 394,773 Additions - - - - - Revaluations - - - - - Disposals - - - - - - Transfers - - - - - - Balance carried forward 380,000 - 6,295 8,478 - 394,773 Basis* SL or RB SL or RB SL or RB SL or RB SL or RB Rate Balance brought forward - - 6,295 2,120 - 8,415 Depreciation charge for year - - 2,120 - 2,120 Impairment provisions - - - - - - Revaluations - - - - - - Disposals - - - - - - Transfers - - - - - - Balance carried forward - - 6,295 4,240 - 10,535 Brought forward 380,000 - 821 - - 380,821 Carried forward 380,000 - - 4,239 - 384,239 9.3 Net book value 9.2 Accumulated depreciation and impairment provisions* |
Freehold land & buildings £ |
Other land & buildings £ |
Plant, machinery and motor vehicles £ |
Fixtures, fittings and equipment £ |
Payments on account and assets under construction £ |
Total £ |
|---|---|---|---|---|---|---|
| 380,000 | - | 6,295 | 8,478 | - | 394,773 | |
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| 380,000 | - | 6,295 | 8,478 | - | 394,773 | |
| - | - | 6,295 | 2,120 | - | 8,415 | |
| - | - | 2,120 | - | 2,120 | ||
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | 6,295 | 4,240 | - | 10,535 | |
| 380,000 | - | 821 | - | - | 380,821 | |
| 380,000 | - | - | 4,239 | - | 384,239 |
9.4 Revaluation
If any fixed assets have been revalued please give details of the valuer and method of valuation
* The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.
8
Section C Notes to the accounts (cont)
RCCG Living Water Parish 1 Jan 21 - 31 Dec 21
Note 11 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
| Analysis of debtors Loan Amounts due from subsidiary and associated undertakings Other debtors Prepayments and accrued income Total |
Amounts falling due within oneyear |
Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
Amounts falling due after more than oneyear |
|---|---|---|---|---|
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| 10,220 | 8,170 | - | - | |
| - | - | - | - | |
| - | - | |||
| - | - | - | - | |
| 10,220 | 5,670 | - | - |
Note 12 Creditors and accruals
Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors
| Loans and overdrafts Creditors Amounts due to subsidiary and associated undertakings Other creditors Mortgage Total |
Amounts falling due within oneyear |
Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
Amounts falling due after more than oneyear |
|---|---|---|---|---|
| Thisyear | Lastyear | Thisyear | Lastyear | |
| £ | £ | £ | £ | |
| - | - | - | - | |
| 450 | 450 | 3,000 | 7,000 | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | 268,569 |
272,995 | |
| 450 | - | 271,569 | 293,703 |
9
THE REDEEMED CHRISTIAN CHURCH OF GOD RCCG Livin Water Parish INDEPENDENT EXAMINNERS REPORT FOR THE PERIOD January 2021 to December 2021 I report on the finanoal statements of RCCG Ltving Water P8rfsh for the year erKled 3151 Dacambgr 2021 1¢h comprise the statement of finan actives, thg balance shee( and the related rtes. These finanaal slatements h8ve been prepared under the historical cost convention and the accounting policies sèt out therain. Respectlve responsibilities of trustees and Independent examiner A3 the charity's trust you are respM8ible the prepafatyth ofts accounts. you eonsKler that the audTt requirement of Section 43{21 of the Charitiès Act 1993 (the Actl.as amended by 5.28 of the Charities Act 2006 does not apply. It is my responsibilrty to examing accxyjnts under section 43 of the ACL as amendèd. to follow procedures speafied in the G8ner81 Directions gNen by the Chairty Commi8sioners urKler seclion 43{71{bl of the Act. as amended. whether particular matter5 have come to my attentil. Basls of indendent oxaminePs s&ement My examination was carrled out in acrdance with the Ger*ral Direcbons gNen by the charitS Commissioners. An examination indudes 8 review of the accc¥Jnting records kept by the charity and a comparison of the 8ccounts presentad those records. It also Sncludes consideration of any unusuaj items or disclosures in the accounts. and seeking explanations from you as trustees conceming any Sl matters. Th8 procedures undertaken do not provide all the evidence that would be required In 8[7 audrL ar consequenty I do not express an audit opinion on the view Independent examinerfs statement In connection W[ my examlnation. no matter has comè to rny attention: {1} which gNes me reasonable cause lo beIve that in arry material respect the requiremerrts: - to ke8p accounting records in ac(l)rdan th section 41 of the ACL and - to prepare accounts which accord wilh the accountiThJ records and to Comp th tha a¢nting of the Act have not been met: or {iil lo which, in my wnion. 3tt8nl¥)n should be dravm in orderto enab a proper LFfKlerstanding of the accounts to be reached. Tunji Ogedengbe 36 Daffodil Close Haffield ALI0 9FF 2nd Oct 2022