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2023-03-31-accounts

Charity no. 1187461 Company no. 11872737

THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON

(A Company Limited by Guarantee)

Page 1 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Table of Contents

Trustees’ Report and Financial Statements

For the Year Ended 31 March 2023

S/N Details Page(s) Page(s)
1 Reference and Administrative Details of The Charity, its Trustees and Advisers 3
2 Trustees’ Report 4 – 5
3 Directors Annual Accounts for the year ended 31 March 2023. 6
4 Chartered Accountants Report to the Board of Trustee 7
5 Statement of Financial Activities 8
6 Statement of Financial position
 9 -10
7 Statement of Change Equity/Reserve 11
8 Statement of Cash Flows 12
9 Notes to the Financial Statement 13 - 24

Page 2 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Reference and Administrative Details of The Charity, its Trustees and Advisers

Director of Operation Dr Opeolu Oyejide Ojo PhD, MRSC, CSci, FIBMS, FHEA (Chair)

Board of Trustee

Constance Chizoma Ojo

Jephter Alozie Amadi

Niolla Senol

Dr Opeolu Oyejide Ojo Phd

Rosemary Chinyerem Onwuchekwa

THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON

Registered Office Rccg The Soughout Assembly (Formerly Mount Peniel), Stubby Lane, Wolverhampton, England, WV11 3NF

Chartered Accountant Ease Accounting Associates UK Ltd 22 Brent Way Dartford, Kent DA2 6DA Legal Advisers Banker Lloyds Bank

Page 3 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Trustees’ Report

The trustees present their report and accounts for the year ended 31 March 2023. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and prepares their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.

Governance and management

The charity was established by a charitable Memorandum and articles incorporated on 09 March 2019 as amended by special resolution(s) dated 16th November 2019 as registered with Company House on 11 December 2019. It is a registered charity.

The trustees who served during the year were:

Constance Chizoma Ojo

Jephter Alozie Amadi

Niolla Senol

Dr Opeolu Oyejide Ojo Phd

Rosemary Chinyerem Onwuchekwa

Trustees are familiar with the workings of the of charity having exhibited passion for the delivery of the charity’s aims and objective. New trustees are invited and encouraged to attend training courses led by the chair and also read guidelines and publications issued by the Charity Commission e.g., 'the Essential Trustee,' copies of which are given to new trustees.

The trustees meet regularly to manage her affairs.

All trustees are currently on part time by using their spare time and resources for the promotion of the charity’s objective. This approach is expected to continue until such a time that fulltime activities could be commenced.

Risks Imperfect Assessment and management

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.

Aims, Objectives & activities

The charity's objectives are –

Page 4 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

2

2 the prevention or relief of poverty by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.

3 to further or benefit the residents of wolverhampton and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

4 in furtherance of these object but not otherwise, the trustees shall have power to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects.

What the charity does

who the charity helps

how the charity works

Signed by one or two trustees on behalf of all the trustees.

Name Signature Date Dr Opeolu Oyejide Ojo PhD 30 December 2023

Page 5 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

The directors present their report and accounts for the year ended 31 March 2023 .

Directors

The following directors held office during the whole of the period: Dr Opeolu Oyejide Ojo PhD Niolla Senol

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors ............................................................................ Approved by the board on:

NIOLLA SENOL 30 DECEMBER 2023

Page 6 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY FOR THE YEAR ENDED 31 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY for the year ended 31 March 2023 as set out on pages 8 - 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/members handbook.

This report is made solely to the Board of Directors of THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY, as a body, in accordance with the terms of our engagement letter dated 31 March 2020. Our work has been undertaken solely to prepare for your approval the accounts of THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY and state those matters that we have agreed to state to the Board of Directors of THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY. You consider that THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of THE REDEEMED CHRISTIAN CHURCH OF GOD, THE SOUGHTOUT ASSEMBLY. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Ease Accounting Associates UK Ltd

Chartered Accountants

30 December 20

Page 7 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Statement of financial activities

(Including summary income and expenditure account)

For Year Ended 31 March 2023

Income and endowments from:
Donations and legacies(Note 3)
Total
Expenditure (Notes 6)
Charitable activities
Separate material expense item
Other
Total
Net income/(expenditure) before tax for the
reporting period
Tax payable		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
31/03/2023
Total funds
31/03/2022
£
£
£
£
£
46,819
0
0
46,819
33,272
46,819
0
0
46,819
33,272
34,532
0
0
34,532
23,835
0
0
0
0
0
0
34,532
0
0
34,532
23,835
12,287
0
0
12,287
9,437
0
0
0
0
0

Page 8 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Net income/(expenditure) after tax before
investment gains/(losses)
Net gains/(losses) on investments
Net income/(expenditure)
Net movement in funds
Total funds brought forward
Total funds carried forward		 12,287
0
0
12,287
9,437
32
0
0
32
0
12,319
0
0
12,319
9,437
12,319
0
0
12,319
9,437
19,169
16724
0
35,893
30,343
31,488
16,724
0
48,212
30,343

Page 9 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Statement of Financial position (Balance Sheet)

As at 31 March 2023

Note
Fixed assets
Tangible assets
7
Total fixed assets
Current assets
Debtors
8
Cash at bank and in hand
9
Total current assets

Creditors: amounts falling due
within one year
10
Net current assets/(liabilities)

Total assets less current
liabilities
 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total This
Year
31/03/2023
Total This
Year
31/03/2022
£
£
£
£
£
5,180
0
0
5,180
6,316
5,180
0
0
5,180
6,316
0
0
78,048
0
0
78,048
78,048
26,634
0
0
26,634
18,735
104,682
0
0
104,682
96,783
0
0
(1,527)
0
0
(1,527)
(2,130)
0
0
103,155
0
0
103,155
94,653
0
0
108,335
0
108,335
100,969
0
0

Page 10 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Creditors: amounts falling due
after one year
11
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds
Funds
12
Total funds		 60,123
0
0
60,123
65,076
0
0
48,212
0
0
48,212
35,893
0
0
0
0
31,488 16,724
48,212
35,891
31,488 16,724
0
48,212
35,891

Page 11 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.

The Annual Accounts is Approved on behalf of the all the Trustees / Directors.

Name of Trustee Signature Date

NIOLLA SENOL 30 December 2023

Page 12 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Statement of Change Equity/Reserve

For the Year Ended 31 March 2023

Balance at 01/04/2021
Changes in Accounting Policies
Changes in Equity in the Year 2022
Balance at 31/03/2022
Balance at 01/04/2022
Changes in Equity in the Year 2023
Comprehensive income for the Year
Balance at 31/03/2023		 Statement of Changes in Fund for The Year ended
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Retained
Earnings
Total
£
£
£
£
£
9,732
16,724
0
0
26,456
0
0
0
0
0
9,732
16,724
0
0
26,456
9,437
9,437
9,732
16,724
0
9,437
35,893
19,169
16724
35,893
0
12,319
12,319
0.00
19,169
16,724
0.00
12,319
48,212

Page 13 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Statement of Cash Flow

For the Year Ended 31 March 2023

Statement of Cash Flow for Year Ended 31 March 2023

Cash flow from operating activities
Income before Taxation
Adjustment for Non-Cash Items
Add Depreciation for the Year
Changes in Working Capital
Decrease / Increase in Debtors
Decrease / Increase in Payable
Net Inflow (Outflow) from Operating Activities
Cash From Investing Activities
Purchase of Non-current assets
Net Inflow (Outflow) from Investing Activities
Cashflow from Financing activities
Proceeds from loan
Net Inflow (Outflow) from Financing Activities
Increase (Decrease) In cash & Cash Equivalents
Cash & Cash Equivalent Brought forward
Cash & Cash Equivalent carried Forward		 31 March 2023
£
£
12,319
1,136
13,455
(5,556)
(5,556)
7,899
0
0
7,899
18,735
26,634		 31 March 2023
£
£
12,319
1,136
13,455
(5,556)
(5,556)
7,899
0
0
7,899
18,735
26,634		 31 March 2022
£
£
9,437
1,386
10,823
(78,048)
(1,464)
(79,512)
(68,689)
(367)
(367)
(69,056)
87,791
18,735		 31 March 2022
£
£
9,437
1,386
10,823
(78,048)
(1,464)
(79,512)
(68,689)
(367)
(367)
(69,056)
87,791
18,735
13,455
(5,556)		 10,823
(78,048)
(1,464)
(5,556)
0		 (79,512)
(367)
7,899
18,735		 (69,056)
87,791
26,634 18,735

Page 14 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Notes to the financial statements

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

1.1a The Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

1.1b The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

1.1c And with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going concern

There are no material uncertainties or related events or conditions that cast significant doubt on the charity's ability to continue as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

1.5 Material prior year errors

There is no prior year errors

Page 15 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Note 2

Accounting policies

2.1 Recognition of income

These are included in the Statement of Financial Activities (SoFA) when:

Page 16 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

2.8 Donated goods

. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.

. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.

. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

2.10 EXPENDITURE AND LIABILITIES

2.10.1 Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

2.10.2 Governance and support costs

Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent

2.10.3 Grants with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service 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.

Page 17 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

2.10.4 Redundancy cost

The charity made no redundancy payments during the reporting period.

2.10.05 Deferred income

No material item of deferred income has been included in the accounts.

2.10.06 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

Basic financial instruments

The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP.

2.10.07 ASSETS

Tangible fixed assets for use by charity

These are capitalised if they can be used for more than one year and cost at least.

They are valued at cost.

The depreciation rates and methods used are disclosed in note xx.

Intangible fixed assets

There are no intangible fixed assets for the period under review

Heritage assets

The charity has no heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological,

2.10.08 Investments

Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Page 18 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments.

2.10.09 Stocks and work in progress

Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.

2.10.10 Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

2.10.11 Current asset investments

The charity has no investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of less than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.

They are valued at fair value except where they qualify as basic financial instruments.

Note 3 Incomes.

3.1 Unrestricted Funds

All income within the period under review comprises of Unrestricted fund of Donations and Gifts

3.2 Restricted Funds

There are no Restricted Funds within the period under review.

3.3 Endowment Funds

There are no Endowment Funds within the period under review.

Page 19 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Note 3 Income

Note 3
Income
Analysis of income
Donations and legacies:
Donations and gifts
Gift Aid
Legacies
Donated goods,
facilities and services
Other
Total

TOTAL INCOME		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Prior year
£
£
£
£
£
46,819
0
0
46,819
33,272
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
46,819
0
0
46,819
33,272
0
0
46,819
0
0
46,819
33,272

Page 20 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Note 4 Analysis of receipts of government grants.

There is no receipt of Government grant within the period under review.

Note 5 Donated goods, facilities, and services.

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.

Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.

Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.

Page 21 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Operating Expenses for Year Ended 31 March 2023

Note 6 Expenditure

Note 6 Expenditure
Analysis of expenditure
Advertising, marketing, direct
mail and publicity
Insurance
Rent paid, property repairs and
maintenance charges
Incurred Seeking Donation
Total expenditure on raising
funds
Depreciation
Repairs and maintenance
Electricity Bill
Printing, Stationary
Interest Payable
Motor Running
Welfare Exp
Telephone & Communication
Legal & Professional Fee
Accountancy Fee
Total expenditure on
charitable activities
TOTAL EXPENDITURE		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total
funds
31/03/2023
Total funds
31/03/2022
£
£
£
173
173
346
2,792
2,792
990
8,457
8,457
0
10,899
10,899
12,152
22,321
0
0
22,321
13,488
1,136
1,136
0
1,373
1,373
6,535
2,888
2,888
1,999
104
104
502
1,152
1,152
302
2,949

2,949
504
1,600
1,600
0
634
634
0
0
350
375
375
375
0
0
12,211
0
0
12,211
10,567
0
0
34,532
0
0
34,532
24,055

Page 22 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Note 7

Tangible fixed assets

7.1 Cost or valuation

At the beginning of the year
Additions
Revaluations
Disposals
Transfers
At end of the year
Basis*
 Rate
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
Net book value at the beginning of
the year
Net book value at the end of the
year		 Freehold land &
buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
0
0
0
11,179
11,179
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,179
11,179
7.2 Depreciation and impairments
RB
RB
RB
RB
RB
18%
0
0
0
0
4,863
4,863
0
0
0
-
0
0
0
0
1136
1,136
0
0
0
-
0
0
0
0
-
0
0
0
0
5999
5,999
7.3 Net book value
0
0
0
6,316
6,316
0
0
0
5,180
5,180

Page 23 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Note 8

Debtors and prepayments

8.1 Analysis of debtors

8.1 Analysis of debtors 8.1 Analysis of debtors 8.1 Analysis of debtors 8.1 Analysis of debtors 8.1 Analysis of debtors
31/03/2023 31/03/2022
£ £
Trade debtors - -
Prepayments and accrued income 00.0 00.00
Other debtors (toward Church Building Acquisition) 78,048 78,048
Total 78,048 78,048

Note 9 Cash at bank and in hand.

Short term cash investments (less than 3 months
maturity date)
Short term deposits
Cash at bank and on hand
Other
Total		 31/03/2023
31/03/2022
£
£
0
0
20,038
6,006
6,596.
12,729
0
0
26,634
18,735

Page 24 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Note 10

Creditors and accruals

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on
account for contracts or
performance-related grants
Accruals and deferred
income
Taxation and social security
Other creditors
Total		 Amounts falling due
within one year
Amounts falling due
after more than one year
31/03/2023
31/03/2022
31/03/2023
31/03/2022
£
£
£
£
0
0
0
1,152
1,755
41,903
46,856
0
0
0
0
0
0
0
0
0
0
0
0
375
375
18,220
18,220
1,527
2,130
60,123
65,076

Page 25 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd

Note 11 Details of certain types of expenditure.
Note 11.1 Fees for examination of the accounts 375.00

Page 26 of 26 THE RCCG, THE SOUGHTOUT ASSEMBLY, WOLVERHAMPTON Annual Accounts 31 March 2022 - Ease Accounting Associates UK Ltd