2020-11-30-accounts

			Pages
Trustees' Annual Report			2to3
Independent Examiner's	Report
Statement of Financial Activities
Summary Income and Expenditure		Account
Balance Sheet
Statement ofCash flows
Notes to the Accounts			9to 15
Detailed Statement of Financial Activities			16to 17

for the year	ended 30Novem	ber 2020
			Unrestricted
			funds	Total funds	Total funds
			2020	2020	2019
		Notes	f	f	f
Income and	endowments
from:
Donations	and legacies		25,118	25,118	32,879
Other			2,000	2,000
Total			27,118	27,118	32,879
Expenditure	on:
Raising funds			860	860	2,760
Charitable	activities		635	635	756
Other			11,834	11,834	10,679
Total			13,329	13,329	14,195
Net gains on	investments
Net income			13,789	13,789	18,684
Transfers between funds
Net income	before other		13,789	13,789	18,684
gains/(losses)
Other gains	and losses
Net movement in funds			13,789	13,789	18,684
Reconciliation offunds:
Total funds brought forward			14,630	14,630	(4,054)
Total funds carried forward			28,419	28,419	14,630

		2020	2019
		f	f
Income		27,118	32,879
Gross income for the year		27,118	32,879
Expenditure		12,529	14,195
Depreciation	and charges for
impairment	offixed assets	800
Total expenditure for the year		13,329	14,195
Net income	before tax for the year	13,789	18,684
Net income	for the year	13,789	18,684

Company	No. 11074815	No. 11074815	No. 11074815	Notes	2020	2019
Fixed assets
Tangible assets					3,200
					3,200
Current assets
Cash at	bank and	in hand			27,694	17,105
					27,694	17,105
Creditors:	Amount falling due within one year			12	(2,425)	(2,475)
Net current assets					25,269	14,630
Total assets less current			liabilities		28,469	14,630
Provisions	for liabilities			13	(50)
Net assets	excluding	pension asset or liability			28,419	14,630
Total net assets					28,419	14,630
The funds	of the charity
Restricted	funds			14
Unrestricted funds				14
General	funds				28,419	14,630
					28,419	14,630
Reserves				14
Total funds					28,419	14,630

		2020	2019
		f	f
Cash flows from operating	activities
Net income per Statement	ofFinancial Activities	13,789	18,684
Adjustments for:
Movement in provisions		50
Depreciation of property, plant and equipment		800
Dividends, interest and	rents from investments	(2,000)
Decrease in trade and other payables		(50)	(1,579)
Net cash provided by operating activities		12,589	17,105
Cash flows from investing	activities
Payments for property,	plant and equipment	(4,000)
Dividends, interest and	rents from investments	2,000
Net cash used in investing	activities	(2,000)
Net cash from financing activities
Net increase in cash and cash equivalents		10,589	17,105
Cash and cash equivalents	at the beginning ofthe year	17,105
Cash and cash equivalents	atthe end ofthe year	27,694	17,105
Components ofcash and cash equivalents
Cash and bank balances		27,694	17,105
		27,694	17,105

Fund accounting	Fund accounting	Fund accounting	Fund accounting
Unrestricted		funds		These are available for use at the discretion	ofthe trustees		in furtherance			of	the
				general objects ofthe charity.
Designated	funds			These are unrestricted funds earmarked by	the trustees	for particular		purposes.
Revaluation		funds		These are unrestricted funds which include	a revaluation	reserve representing						the
				restatement of investment assets at their market values.
Restricted	funds			These are available for use subject to restrictions imposed			by the donor		or	through
				terms ofan appeal.
Income
Recognition		of		Income is included in the Statement of Financial Activities			(SoFA) when	the		charity
income				becomes entitled to, and virtually certain to receive, the		income and the			amount of
				the income can be measured with sufficient	reliability.
Income with		related		Where income has related expenditure the	income and	related expenditure					is
expenditure				reported gross in the SoFA.
Donations	and			Voluntary income received by way of grants, donations		and gifts is included				in		the
legacies				the SoFA when receivable and only when the Charity has			unconditional
				entitlement to the income.
Tax reclaims		on		Income from tax reclaims is included in the	SoFA at the same time as the
donations	and		gifts	gift/donation to which it relates.
Donated services				These are only included in income (with an	equivalent amount in expenditure)
and facilities				where the benefit to the Charity is reasonably quantifiable,			measurable		and
				material.
Volunteer	help			The value of any volunteer help received is	not included	in the accounts.
Investment		income		This is included in the accounts when receivable.
Gains/(losses)			on	This includes any gain or loss resulting from	revaluing investments to market						value
revaluation		of	fixed	at the end ofthe year.
assets
Gains/(losses)			on	This includes any gain or loss on the sale of	investments.
investment		assets

Expenditure
Recognition	of	Expenditure is recognised on an accruals basis. Expenditure includes		any VAT which
expenditure		cannot be fully recovered, and is reported as part ofthe expenditure		to which it
		relates.
Expenditure	on	These comprise the costs associated with attracting voluntary	income, fundraising
raising funds		trading costs and investment management costs.
Expenditure	on	These comprise the costs incurred by the Charity in the delivery of its		activities and
charitable activities		services in the furtherance of its objects, including the making	ofgrants and
		governance costs.
Grants payable		All grant expenditure is accounted for on an actual paid basis	plus an	accrual for
		grants that have been approved by the trustees at the end of	the year but not yet
		paid.
Governance	costs	These include those costs associated with meeting the constitutional		and statutory
		requirements of the Charity, including any audit/independent	examination fees,
		costs linked to the strategic management ofthe Charity, together with a share of
		other administration costs.
Other expenditure		These are support costs not allocated to a particular activity.

		Unrestricted
		funds	Total funds
		2019	2019
Income and endowments	from:
Donations and legacies		32,879	32,879
Total		32,879	32,879
Expenditure on:
Raising funds		2,760	2,760
Charitable activities		756	756
Other		10,679	10,679
Total		14,195	14,195
Net income		18,684	18,684
Net income before other		18,684	18,684
gains/(losses)
Other gains and losses:
Net movement in funds		18,684	18,684
Reconciliation offunds:
Total funds brought forward		(4,054)	(4,054)
Total funds carried forward		14,630	14,630

	Unrestricted	Total	Total
		2020	2019
Honourarium	21,786	21,786	27,494
Event	3,332	3332	5,385
	25,118	25,118	32,879
Other income
	Unrestricted	Total	Total
		2020	2019
Grant	2,000	2,000
	2,000	2,000

							Unrestricted	Total	Total
								2020	2019
	Costs ofgenerating		voluntary
	income
	Honourarium						100	100	100
	Event								246
	Instrumentalists						400	400	1,240
	Fundraising	trading	costs
	RCCG WEM						360	360	1,174
							860	860	2,760
7	Expenditure	on charitable			activities
							Unrestricted	Total	Total
								2020	2019
	Expenditure	on charitable
	activities
	Local projects						310	310	206
	Books						75	75	100
	Central Office Fund						250	250	450
	Governance	costs
							635	635	756
8	Other expenditure
							Unrestricted	Total	Total
								2020	2019
	Employee costs						571	571	288
	Premises costs						7,018	7,018	7,342
	Amortisation,	depreciation,
	impairment,	profit/loss		on			800	800
	disposal offixed assets
	General administrative			costs			2,595	2,595	1,649
	Legal and professional			costs			850	850	1,400
							11,834	11,834	10,679
9	Net income	before	transfers
							2020		2019
	This is stated	after	charging:				f		f
	Depreciation	ofowned		fixed assets			800
10	Staff costs
	No employee	received		emoluments		in excess off60,000.

11	Tangible fix		ed as	sets
								Fixtures,
								fittings and	Total
								equipment
								f
	Cost or revaluation
	Additions							4,000	4,000
	At 30November			2020				4,000	4,000
	Depreciation		and
	impairment
	Depreciation		charge forthe					800	800
	year
	At 30November			2020				800	800
	Net book values
	At 30November			2020				3,200	3,200
12	Creditors:
	amounts falling due within one year
							2020		2019
							f		f
	Loans from	trustees					1,575		1,575
	Accruals and		deferred		income		850		900
							2,425		2,475
13	Provisions
								Revaluation	Total
								f	f
	Movement	for the year						50	50
	At 30November			2020				50	50
14	Movement		in funds
							Incoming
							resources		At 30
							(including	Resources	November
						At 1	other	expended	2020
						December	gains/losses
						2019	)
							f
	Restricted funds:
	Unrestricted		funds:
	General funds					14,630	27,118	(13,329)	28,419
	Revaluation		Reserves:
	Total funds					14,630	27,118	(13,329)	28,419

15	Analysis of	net assets between funds
				Unrestricted
					Total
				funds
				f	f
	Fixed assets			3,200	3,200
	Net current	assets		25,269	25,269
	Creditors due in more than one year and provisions			(50)	(50)
				28,419	28,419
16	Reconciliation ofnet debt
			At 1		At 30
			December		November
			2019	Cash flows	2020
			f	f	f
	Cash and cash equivalents		17,105	10,589	27,694
			17,105	10,589	27,694
	Net debt		17,105	10,589	27,694
17	Related party disclosures
	Controlling	party

					Unrestricted
					funds	Total funds	Total funds
					2020	2020	2019
					f	f	f
Income and endowments			from:
Donations and legacies
Honourarium					21,786	21,786	27,494
Event					3,332	3,332	5,385
					25,118	25,118	32,879
Other
Grant					2,000	2,000
					2,000	2,000
Total income and endowments					27,118	27,118	32,879
Expenditure on:
Costs ofgenerating	donations			and
legacies
Honourarium					100	100	100
Event							246
Instrumentalists					400	400	1,240
					500	500	1,586
Costs of other trading		activities
RCCG WEM					360	360	1,174
					360	360	1,174
Total ofexpenditure		on	raising		860	860	2,760
funds
Charitable activities
Loca I projects					310	310	206
Books					75	75	100
Central Office Fund					250	250	450
					635	635	756
Total ofexpenditure		on	charitable		635	635	756
activities
Employee costs
Staff entertainment					571	571	38
Staff training							250
					571	571	288
Premises costs
Rent					6,114	6,114	5,034
Rates					464	464	2,308
Premises repairs	and				440	440
maintenance
					7,018	7,018	7,342

The Redeemed Christian Church OF God Royal House Detailed Statement of Financial Activities General administrative costs,	OF Grace
including depreciation and
amortisation
Depreciation of Fixtures, fittings	800	800
and equipment
Bank charges	542	542	651
General insurances	392	392	384
Software, ITsupport and related	973	973
costs
Stationery and printing	218	218	197
Telephone, fax and broadband	470	470	417
	3,395	3,395	1,649
Legal and professional costs
Accountancy and bookkeeping	850	850	1,400
	850	850	1,400
Total ofexpenditure ofother costs	11,834	11,834	10,679
Total expenditure	13,329	13,329	14,195
Net gains on investments
Net income	13,789	13,789	18,684
Net income before other gains/(losses)	13,789	13,789	18,684
Other Gains
Net movement in funds	13,789	13,789	18,684
Reconciliation offunds:
Total funds brought forward	14,630	14,630	(4,054)
Total funds carried forward	28,419	28,419	14,630