2020-12-31-accounts

					2020		2019
				Unrestricted	Restricted	Total	Total
			Notes
Income
Donations and Legacies				281,401	949,616	1,231,017	129,625
Income from Charitable	Activities
Events Income							2,358
Total Income				281,401	949,616	1,231,017	131,983
~Ex enditure
Expenditure on Charitable		Activities
Operation ofRedeemer		Church		90,427	9,526	99,953	40,093
and delivery ofMission		Costs
Events Expenditure				1,919		1,919	3,481
Total Expenditure				92,346	9,526	101,872	43,574
Net Income (expenses)	and
net movement in funds	for the year			189,055	940,090	1,129,145	88,409
Transfer between funds
Fund balance brought	forward
at I January 2020				26,937	61,472	88,409
Total funds carried forward
at 31December 2020				215,992	1,001,562	1,217,554	88,409

			Note	2020	2019
Fixed Assets
Tangible Assets				578,296	1,000
Current Assets
Cash at Bank		and in Hand		650,278	84,791
Debtors				51,754	13606
				702,032	98,397
Current Liabilities
Creditors due		within one year		(62,774)	(10,988)
Net Current	Assets			639,258	87,409
Net Assets				1,217,554	88,409
The Funds of		the Charit
Unrestricted	-	General		85,867	26,937
		Designated		130,125
Restricted				1,001,562	61,472
Total Charit		Funds		1,217,554	88,409

			Notes	2020
Net Cash from Operating	Activities			1,144,741
Capital Expenditure and Financial Instruments,		purchase of
Tangible Fixed Assets				(579,254)
Net Cash Inflow (Outflow)				565,487
Increase (Decrease) in cash	in the year			565,487
Net Cash Resources at 31	December 2020			650,278

2. Donations, Gifts and	Legacies	(Unrestricted)	(Unrestricted)		2020	2019
General Giving and Gift Aid Recoverable					281,401	68,153
					281,401	68,153
Donations, Gifts and	Legacies (Restricted)
Building Fund and Gift Aid Recoverable					227,593	55,635
Christmas Appeal and	Gift Aid Recoverable				19,409	5,837
Building fund transferred from Cornerstone			Church		702,614
					949,616	61,472
Total Donations					1,231,017	129,625
3. Total Salaries 4Staff Summary					2020	2019
Salaries					38,861	18,307
Employer's NI					5,806	2,593
Pension					2,306	792
Expenses					769	115
					47,742	21,807
The allocation ofsalaries	is made on	a time spent basis.
Average Weekly Number	ofEmployees, calculated			as full time equivalents
Pastoral Staff
(No employee received remuneration		ofmore than K60,000)
The number ofemployees	to whom retirement		benefits	were accruing was as follows:
Defined Contributions Scheme

			2020	2019
Peter	Brown	Remuneration	44,667	20,900
		Pension	2,306	792
		Expenses	769	115
			47,742	21,807

5. Expenditure on Ch	aritable		Activities
							2020		2019
				Unrestricted			Restricted	Total	Total
5.1 ~Core Minietr
Salaries (Note 3)				47,742				47,742	21,807
Overseas Missions				7,200				7,200	2,400
Equipment						935		935		848
Building Running	Costs			14,172				14,172	9,616
ITSubscriptions										298
Stationery, Printing	and admin costs			1,348				1,348	1,231
Miscellaneous Costs						667		667		78
Website and computer costs				4,343				4,343		302
Reireshments						25		25		104
Media Costs						378		378		458
Ministry Costs and	training			1,525				1,525	1,247
Insurance				6,390				6,390		379
Redeemer Kids						748		748		125
Independent Exainination		fee		2,400				2,400	1,200
Bank charges						22		22
Advertising costs					574			574
Depreciation				1,958				1,958
Donations							9,526	9,526
				90,427			9,526	99953	40	093
5.2 Events Ex enditure
Catering										152
Evangelistic Events				1,919				1,919	3	329
				1,919				1,919	3,481
0 eratin Profit/ Loss
The operating profit/(loss)	is stated		after charging:-
								2020	2019
Independent Examination			Fee					2,400	1,200
For other services								168		400
6.Tangible Asset and Depreciation				Cost of			Cost of	Equipment	Total
				Property			Property
							Development
Cost at 31.12.2019							1,000			1,000
Additions during the year				425,000			144,464	9,790	579,254
Balance at end ofyear				425,000			145,464	9,790	580,254
~De recietion
Depreciation during the year								1,958		1,958
Balance at end ofyear								1,958		1,958
Net Book Value (NBV)				425,000			145,464	7,832	578,296

7. Analysis o	Net Assets between	funds - 2020					Total
					General	Restricted	Funds
					Funds	Funds	2020
Fixed Assets					7,832	570,464	578,296
Current Assets					214,066	487,966	702,032
Current Liabilities					(5,906)	(56,868)	(62,774)
Long Term Liabilities
Net Assets at 31.12,20					215,992	1,001,562	1,217,554
Analysis of	Net Assets between	funds - 2019					Total
					General	Restricted	Funds
					Funds	Funds	2019
Fixed Assets					1,000		1,000
Current Assets					36,925	61,472	98,397
Current Liabilities					(10,988)		(10,988)
Long Term Liabilities
Net Assets at 31.12.19					26,937	61,472	88,409
8.Restricted	Funds - 2020						Balance at
		Balance at					31December
		31.12.19	Income		Expenditure	Transfer	2020
Building Fund		55,635	930,207				985,842
Christmas Appeal		5,837		19,409	9,526		15,720
		61,472	949,616		(9,526		1,001,562
Restricted Funds —2019							Balance at
							31December
		Balance at Start		Income		Expenditure	2019
Building Fund					55,635		55,635
Christmas Appeal					5,837		5,837
					61,472		61,472
Use ofFunds

			2020
Net Incoming	Resources		1,129,145
Adjustments:-
Depreciation	Charges		1,958
(Increase)/ Decrease		in Debtors	(38,148)
Increase/(Decrease)		in Creditors	51,786
			1,144,741