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2024-03-31-accounts

Registered Charity Number: - 1173855

REDEEMED CHRISTIAN CHURCH OF GOD, SOUL WINNING CENTRE, NORWICH

FINANCIAL STATEMENTS

FOR THE YEAR END 31 March 2024

Redeemed Christian Church of God, Soul Winning Centre, Norwich 4 Glenmore Gardens

Norwich

REDEEMED CHRISTIAN CHURCH OF GOD, SOUL WINNING CENTRE, NORWICH

CONTENTS

FOR THE YEAR ENDED 31 March 2024

STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 3 BALANCE SHEET ........................................................................................................................................................... 4 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 5

2

REDEEMED CHRISTIAN CHURCH OF GOD, SOUL WINNING CENTRE, NORWICH

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 March 2024

Recommended categories by
activity
Notes
Income and endowments from:
Donations and legacies
2
Total
Expenditure on:
Charitable activities
3
Other
5
Total
Net income/(expenditure)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted funds
£
Total Funds 2024
£
14,844.00
14,844.00
14,844.00
14,844.00
7,765.00
7,765.00
2,881.00
2,881.00
10,646.00
10,646.00
4,198.00
4,198.00
4,198.00
4,198.00
-
-
4,198.00
4,198.00

3

REDEEMED CHRISTIAN CHURCH OF GOD, SOUL WINNING CENTRE, NORWICH

BALANCE SHEET

FOR THE YEAR ENDED 31 March 2024

Recommended categories by
activity
Notes
Current assets
Cash at bank and in hand
6
Total current assets
Total net assets or liabilities
Funds of the Charity
Unrestricted funds
7
Restricted income funds
7
Endowment funds
7
Total funds
Unrestricted funds
£
Total Funds 2024
£
4,198.00
4,198.00
4,198.00
4,198.00
4,198.00
4,198.00
4,198.00
4,198.00
-
-
4,198.00
4,198.00

The financial statements were approved by the Board on 31-Mar-2024 and signed on its behalf by:

Redeemed Christian Church of God, SWC, Norwich Charity Commission

4

REDEEMED CHRISTIAN CHURCH OF GOD, SOUL WINNING CENTRE, NORWICH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

1 Accounting Policies

1.1 Accounting Policies

1.2 Basis of preparation

1.3 Going concern

2 Income from Donations and Legacies

Analysis
Donation and gifts
XYZ
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
2024
£
£
£
£
15,157.00
-
-
15,157.00
(313.00)
-
-
(313.00)
14,844.00
-
-
14,844.00

3 Expenditure on Charitable Activities

5

REDEEMED CHRISTIAN CHURCH OF GOD, SOUL WINNING CENTRE, NORWICH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

Total funds 2024

Analysis
Bank charges
Legal/professional fees
Wages and salaries
Charity management &
administartio
Advertising and
marketing
Support Costs
£
25.00
270.00
29.00
6,891.00
34.00
516.00
7,765.00

4 Support Costs

Analysis
Governance Costs
Accountants fees
Total funds 2024
£
£
516.00
516.00

5 Other Expenditure

Analysis
Other Expenditure
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
2024
£
£
£
£
2,881.00
-
-
2,881.00
2,881.00
-
-
2,881.00

6

REDEEMED CHRISTIAN CHURCH OF GOD, SOUL WINNING CENTRE, NORWICH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

6 Cash at bank and in hand

Total funds 2024

Total funds 2024
Cash at bank and on hand £
4,198.00
4,198.00

7 Charity funds

7.1 Details of material funds held and movements during the CURRENT reporting period

Fund names
Unrestricted funds
General Fund
Total
Fund
balances
brought
forward
Income
Expenditure
Transfers
Gains and
losses
Fund
balances
carried
forward
£
£
£
£
£
£
-
14,844.00
(10,646.00)
-
-
4,198.00
-
14,844.00
(10,646.00)
-
-
4,198.00

7.2 Transfers between funds This Year

Amount £

Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds


7