THE REDEEMED CHRISTIAN CHURCH OF GOD WINNILYG FAITH CHAPEL REPORTS & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2022 COMPANY NUMBER: 11335018
THE REDEEMED CHRISTIAN CHURCH OF GOD wtNNINC FArrH CHAPEL Bal&u¢e Sheet As At 3ffth A rll 2022 Fixed •ssets Notes 2022 TaTh8tble a55ets 3,428 2,856 Correttt 1155¢ts Debtors Cash at bank and in hand 6.396 6,939 6,396 6.939 Creditors '. f•lling due within Ooe year I.5() i.(K)O N¢t eurrent assels 4.896 5,939 TO1 A&8ets Less Current Llabilitiey 8J24 &795 T(trial Assets Ikss Ctsrrent Ll#bllltks- Net As$e151 (Ll•bUttle5) 8J24 &795 UNRESTRICTED FUNDS Fuvds Restricted fijnds Unre5tricte41 funds 8,324 8,795 Fnd balantes 8J24 8,795 Audti txtmptkbh StatemtJt- For tht ycaT ended 315t Deconbcr 2022. the was entitleAJ to exemption under section 477 of the CoEtpanies A¢t 20t)6 reJaiin¥to small comparries. Dirt(tor's r¢sponsibJliiies-. Tbe ro¢¥nbers ha not wuirtd the lo obtsin an audit of its accounts tilT Ehe year in gUCStion a¢cwdallccwith section 476Jf th¢ Companigs Arl 2006. Thc ditEcknTS acktJDwled¥e their rosw)nsibilities for C47mplY¥ with the rtquiteuKnts octhe Artwith Ttspec(loaccountiTrgrt£ords aThd the prep8raiivn of ?oThts. Ttstet have been PT9iaTed in aceordanct wtth theproV1onS applIe th ¢otMp8nitq sllbjt to I small compattiES rebrime. Th¢ financ re approved by the Board on . 5Juncd on its brhalf by thc director. Emloshor Jtoya IDirt¢toY) Date P4ge 4
THE REDEEMED CHRISTIAN CHURCH OF GOD WINNING FAITH CIIAPEL r4ot¢s To The FlAtIll StAt¢Thents For The Yer Ended 31hh A ril 2022 l) ACcotin% polklex 1.1 Atcount5nE eonvtrttlo The financial stai¢ERen15 prq>ar¢d under the historicd cosi conveniion_ And in &¢cDrdance the Financial Rewrting Standard for Smaller Entities (Effective April 20081. 1.2 Turnover 'Eumover repseThts the total invoir¢ value, CKcludillg valu¢ added tax, of sales njade during the year. IJ Tangible flxed assets nd depreciation DetKtti&ti(m is provided at r&tes calculated io write ofythe ¢ost le55 residur¢l value of ¢wh asset its ¢ACted u5¢ful lif¢. Qs folk)ws." Compukr & Office Equipment 250/0 writt¢n do*ryJ valu¢ 2. Flxed Assets Mowr Vehicles FixttJTes FittlnE5 & Equipments Cost At l May2021 Additions 3,¥08 ,715 3.808 1,715 At 30 Aprll 2022 5,S23 5,523 Depreelatl•D And arnoyn15 WrItte Off Al l May 2021 Charge for the year At 3D Aprll 2022 952 952 1.143 2.D95 2.1195 Net Book Value At 30 April 20Z2 3,428 3A28 At 30 AprlI 2021 2,856 2.856 3. C1trS 21122 2021 Oiber ¢reditor5 A¢¢nlS 1,5(M) 1.5(NJ 1.000 Page 5
Nots$eontlDiieL_.....- TheR•leemtd ChRr¢b of God WthDln8 F•lth cbaptl 4. INcomlvg re50urTes Unrestricted fund5 R¢stricted funds Total Tithes, Offering & Ttw&sgiving Gift Aid R¢clAim Other in¢om¢ 48,588 48,588 45,263 48,5S8 45,263 C•st of geDerAtinE funds lu furtber•A¢e of the charttyl obJÈ¢t$'. 021 Telcphonc, Jnr¢Tt]et & Fax Rent & ras {in¢ ligh¢ heat & IVer) Honorarium Trav¢llin8 & subsi5t¢anc¢ Church Outreach & Publicity Hospitality & Welfare Support 1.805 21,583 1,100 40 1,284 1.220 1.545 19.WJ 394 1.706 2,IX)I 27,032 25 6. Ma]>*gtment & AdmlnhtratlOD of Chjrlty 21122 2021 Charithble donations.. Central Office Fund Other donations Wem Church Rtsttning Expenses & AdThiniskntion Softwarc & websi(¢ ¢xpense$ Pastor's Allowanct Repair8 & maintenanc¢ Computer costs & consumablcs Accoulltancy fces D¢preLiation'. fixtures & eqUIpnOIS motor veh]'cl¢s 300 1,065 3,000 7,047 188 1,560 924 2.513 51)0 11.873 26 4.750 435 500 1.143 952 22.027 17,749 Pag¢ 6
THE REDEEMED CHRISTIAN CHURCH or GOD WINNING FAITH CHAPEL Statement Of Financi41 Actlvlties Fttr The Year Ended 31Jth A rll Z022 Notes Uttresirlcted Futhd Re5trftt¢d Toi41 2021 INtornlDg Resovr¢¢s Voluntary Sour¢es- ti¢h¢& off¢rtngs. dona¢ion4 thanksgiving. e 48,588 48,588 45,263 Miscellan¥vus r¢eeipi- other income Total IDemIng resouroe5 48.588 48,588 4S,263 Resources Eipewle41 C05t of 8¢ner&ting funds in further2nc¢ orth¢ ¢haTity'S objectives Maoag¢nKnt & Admia]istrdiion of Chariti 27.032 25.606 22,027 17.749 T•thl resourets expended 49,1 43J55 N¢t lo¢omln8 resoure¢s l {outgolng) resources (471} Othet recognis¢d lS and105se5 GTOSS Transfer between fund5 Net movem¢nt in funds for the year- Net incomel(expenditure) for the year (471) 1,908 Total funds brought fon¥ard 11512021 Balan¢e wlo New aicount balance 8.795 6,887 Totsl FuDds Carried Forw¥rd At 30th April 2022 8J24 8,795 PaEe 3
THE REDEEMED CHIUSTIAN CHURCH OF GOD WINNING FAITH CHAPEL Dirwtor's Re ort For The Ye¥Jr Emded 311th A ril 2022 The directors prssent their report and the fanCIal statcrnents for the year ended 30th April 2022. Prlnclpal Actlvlty The pnncipal activity of the ¢ompany during the year was that of activities of religious organisations DirEc*DTS and thtlr Interest The dircctors H,ho served during rhe ytar and their interest in the company aTe slated below: Adedoja AkJ"nknJnmi Modupe Deborah Fihosy Emiothor Itoya Dlreftor's Regponsiblll¢les Company law rcquites the dittctor to prepare flnatscial statements for each ftnancial ye4r, which gives a (tue and fair view of the stale of the affairs of the company and of the profit and 105s accounts of the cornpany for that year. In preparing these, the direetor is required to". i} Select a suitabl¢ accounting policies and apply ihern consistently; i) Make judgem¢nts and ¢stimates that are r¢asonable and prudent- ILLI Prepare ih¥ fiIJanLial slatemenls on the goiny LvnLern ba8is unlesss il is inappropriare 10 presume that the compahy will continue in business. The direciots are responsible for keeping proper accounting reco5 whi¢h disclose with reasonable a¢curd¢y at ani timr the financial position of the company and ¢0 ensure that th¢ financial starement$ ¢omply with th¢ Companies Act 2006. They are also responsible for sttfeguarding the &8sets of the company and hence tskj'ng reasonable steps for the prevention of fraud and other irregularttits. This rep)rt has been prepard in aicDFdance with the spectal pro51n5 relating to small ¢ompalli¢s withill Part 15 of the Companies Act 21M)6 applicable tt) Lotnpanies subject to the small companies regime. e> .l0:.19.Eknd This report WAS approved by the Board on ... on its b¢half by th¢ dire¢tor. Emlo$hor Itoy (Dlreetor) Date P#£e I
THE REDEEMED CHRISTIAN CHURCH OF GOD WINNING FAITH CHAPEL Accountants Re ort For The Year Ended 30th A ril 2022 W¢ rort on th¢ accounts for the year ¢nded 30th April 2022 as set out in this r¢port. Respertive Respfjnsibilitl¢$ of The Dlrector As de5CTibed in the DI(tOrS, repo the d1CtorS are required by company law to Prepare financi81 statem¢nts for eA¢h financial year which gives a truc and fair view of the financial a¢tiVlties of the company and of its ftnancial position at the end of that ar. The directOTS ore responsible for keeping propeT a¢¢owiting recoTd5 whi¢h dI108e with reasonable accuracy ai any lime the fmancial position of the Company and enabl¢ th¢m to ellsw¢ that th¢ financial stat¢mcnts comply with the Compani¢s Act 2006. Thcy aTe also rcsponsiblc for safeguarding the asscts of th¢ ¢ompany and hce for takTrng r¢45onable st¢ps for the PVentiOn and d¢tection of fraud and other irregularities. Bas1$ of Indeptndent Examiner's Report Our examination was carried oul in accordance with the General Directions given by the Compani¢s Act 21)06. An examination In¢11¢ a revi¢w of ihe accounting re¢ords k1 by th¢ company and a comparison of th¢ accounts presented with those records. It also includes consideTation of any unusual itetThs or disclosures, and seeking explanation5 from you as director eoneerning any such matterg. The PToceduTes undertaken do not provide all the evtdenc¢ that would b¢ required in an audit, and colls¢quently wc do not ¢xpr¢ss an audit opinion on the view given by the accounts. W¢ have not b¢¢n instruLted to caw out an audit on the financial statement8 and as liuch we did not express %Lny Dp2nion on the fmancial ststements. In ¢onne¢tion with our ¢xamillation. no matter has come to our attention - l) Which gives rc7450nabl¢ cause to believe that ITh 74ny material re5pecl the T¢9uirements • to keep accounting records in accordance with necessary scctions of thc Act; and lo comply with the accounting requirements of the Act hav¢ not been met; or 2) to which, in our opinion, attmlion should be drawn in order lo enable a PToper understanding of the accounts to be reached. Signed: Date.. {A fllm withCbarteTed Aecoulll1ts & M3lla8euJent Cou[ntsI Unit 9 ChallenEe House 616 Mit¢ham Road S¢Y CRO 3AA P&ge 2