**REGISTERED CHARITY NO: 1193487 Company number 09915575** ## **REPORT OF THE TRUSTEES AND** # **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2021** **GREAT LIGHT CHURCH LTD** **8 SKYLINES VILLAGE LIMEHARBOUR LONDON E14 9TS** |**CONTENTS**|| |---|---| ||Page| |Trustees statement|1 to 6| |Independent examiner's report|7| |Statement of financial activities|8| |Balance sheet|9| |Notes to the financial statements|10 - 22| ## **REDEEMED CHRI$0AN CHYBCH OF GOD. GREAT LIGHT CONNECTION** ## **REPORT OF THE JRYSIE S FOR THE YEAR ENDED 31 DECEHBER 2Q2J** **The trustees present their reports with the financial Statements of the charity for the year ended 31 December 2021.The trustees have adopted the provisions of the statement of recommended practice (SORP) Accounting and Reporting by Charities' issued in March 2005.** ## **CHARITY INFORMATION,REFERENCE AN> ADMINISTRATIVE DETAILS** ## **Registered Charity Number: 1193487** ## **Registered Company Number: 09915575** ## **Address: 8 Skyline Village Limeharbour** ## **London** **E14 9TS** ## **Truste s: Mrs Adebimpe Ogunleye** ## **Mr Taye Oyelekan** Mr Hafis Joel Raji Mrs Folake Rotimi ## **Secretary: Mr Taye Oyelekan** ## **Bankers: Barclays Bank PLC Leicester** **LE87 28B** **The Management Committee presents its reports and accounts of the company for the year ended 31st Dec 2021. The accounts comply with the current statutory requirements, the requirements of the organisation's Memorandum and Articles of Association, and the Statement of Recommended Practice 'Accounting and Reporting by Charit es 2005'. This report is a Directors' Report required by S234 of the Companies Act 2006. All voting members of the Management Committee are directors.** ## **Structure, Governance and Management** **The Company incorporated as a Company Limited by Guarantee on the 14th Dec 2015. It is a 'Not for Profit' organisation. The Company was established under a Memorandum of Association which established the objects and powers of the company is governed under its Articles of Association. It registered as a charity on 1st Januray 2012. In the event of the company being wound up members are required to contribute an amount not exceeding £1.** ## **Public Benefit** **The Charity trustees have compiled with their duty to have due regard to the guidance on public benefit published by the Commission in exercising their powers or duties. This is particularly important in ensuring that projects undertaken will provide a public benefit to the community served by the charity.** 4•rnlng docum•nt The ch8dty18 conlrolte(I by govemlng docun*nl and 8 deed ol tW81. gnd ￿n$t1￿￿$ o lknlted ￿mpanY. Ilrthd guarantee. 8$ deflned by Ihe co1￿0￿103 Act of 2006. ¥k Manag•m•nt The Iwste88 havo a duty lo hjenllfy and revbw the rf6ks to whtth the charlty Lry exp088d and to en8uTr that appropriate controb are In placa to provkde rn8KtrnabS8 a88uran¢a agakn8t fraud and error. The Managemnt Comrlttee have 8 taYget1ovel of unre¥trf¢ted reseNes of three I￿nthS of CO￿ actw, approxlmatety £10,000. ObJ•ctlv• and Alrns Our prfmry ob19c*￿e Ls lo ad¥8n¢% the Chrfsllan faRh w￿￿yW￿l8 In ac￿)rdance and the relbf of pobpity by. En(JJuraging and p￿Viding devebpn*ntal plat10￿ for its Trmb8rn and folk)wern. Provkling an enabling ￿n￿lonr￿nI for peopl8 to develop peTronal reLgtk+nshtyJ vlth God EnttJurBglng IndMdug1$ to be Invofv8d In cOMr￿nty devekJP￿ent and uphold sodal rnsponslbllttles. Encour8gkng nEnkn&rs to rroxlnlse avallable resourc88 8nd opportunttles to 8chteve thelr lffe GoaL8. Encouraglng Interactbn amng rrombeTr to 18verage on ne￿￿ng oppothntt￿8 The church h8$ been ablo lo athteve those obj8(1￿0$ lo 8 lgvel by dgpendkng preilorthalety on volunteers but a8 the ¢huffh oper8tbns b8(X*mg18rgor, iv8 befx¢mg Important to have fiJ&tln* Staff to m8n8g8 the charity operatKJns on dalty bask8. ThL% b due to the nged for effect￿en￿$S and effloenw In ofdor lo nwxln opportunth8 and trnnage rnsourr*$ to achiève the chaws makn goal9. Dlr•ctor8 Th8 dlrgclors of th8 wmpany {KI￿nag&ma￿t ComNétteè). also th¢ twst•o$ undor thg Ch8[Ft￿3 Act. who 8gr¥ed during the yoarond and to date Mpra.. Mrs Adebimpe Ogunleye MrTaye Oyelekan Mr Hafis Joel RaJi Mrs Folake Rotimi ON BEK4LFOF TIE BOAKI: Ogunl?y• Tru•tso REDEEMED CHRisfiAN (XURCX OF GOD GREAT LIGtrrr COf*lECTh)NS FINANCIAL STATEMEKfs FOR YEAR ENDED 31 DECEMBER 2021 INDEPENDEiif EXAMINER'S REiioKr We rep¢xt ￿ the flnancw a*aMIts ftr the yw 31 D￿arnbr, 2021 are setart ( prellws page& The charWstruth $ resp<￿￿b￿ fty the preparatTh dthe fin￿￿)1 that the audlt JuirerrEntrf Sth 412) ¢Athe Charth5Art 1933 (the Art) nrt apply. It ts my tr) YBty cn the ba* ￿ prff&lure55peciftal In the G￿tta1 Dlrths g￿en by the Charty under Sth 43(7)(b) dtheA¢ %thethtt part￿U￿r n*tters have cLYreto ry attwtkn. r &¥am￿at*￿ *pscarrbJ c4Jt In acctydance the Éeneral Dlrths dthe tharty C(¥milth)er& An eXamInatK￿ inC￿deS a rwi cf the ￿c(￿n￿ng r￿￿d5 kq)t by the tharty and a C￿ar1￿￿ ofthe C￿nts pr•tol vAh ￿(￿ds. It ab) in¢￿￿escon￿1eratth Lf unuwall￿s ry dkkAre5 the flnancial ty@rr￿18 and s*￿n9 explanalKffls c￿C￿ning any ￿ch n*tter& The pr(Thlures und¥tsk&) do nrt pr￿Je all the thI￿¢ce vthtd be r￿uIre￿ tn an audL and c(mwuenty I do nct £¥press an aud*q)Inkn rm the by the lknanc531 lryleperylert Examln•Vs St¥t•nw In ctJ)nth nry ewlnalkn rfthe Kwjnts ncthkng caweto nry attentk)n gave nE cau to bdteve th￿ that the financw the ¥cwnting rwds ¢Athe charty, and that th(w rwds *t1th8J the ￿LbIr￿ts Lf theAct I am nrt a￿re c*4ny tt) attenth be dravm In crder ID a prw und￿￿dIng rfthe finaned a&rntsto be rexh￿. Sbnaj by the Ind￿d￿t Exarinw: WEKSKY SERVILES Chartered +•ttountsnt 9Arrdrte actse UB49 |**� CHARITY COMMISSION**
�FOR ENGLAND AND WALES|**Charit Name: R GRTGH CNCON**
**Annual acounts for the**
**Peo star dae**
**1st JanuarI**
**To**
**2020**|**Cham No**
**� eriod**
**Peo en dae **|**1193587 **
**31st**
**Deembr**
**2021**|| |---|---|---|---|---| |**Section A**|**Statement of financial activities**|||| |**Charit Name: R GRTGH CNCON**
**Cham No**
**� CHARITY COMMISSION**
�FOR ENGLAND AND WALES
**Annual acounts for the � eriod**
**Peo star dae**
**1st JanuarI**
**To**
**2020**
**Section A**
**Statement of financial activities**
**Peo en dae **
**1193587 **
**31st**
**Deembr**
**2021**|**Charit Name: R GRTGH CNCON**
**Cham No**

**1193587 **|**Charit Name: R GRTGH CNCON**
**Cham No**

**1193587 **|**Charit Name: R GRTGH CNCON**
**Cham No**

**1193587 **|| |---|---|---|---|---| ||
**Annual acounts for the � eriod**
|||| ||
**Peo star dae**
**1st JanuarI**
**To**
**2020**
**Peo en dae **
**31st**
**Deembr**
**2021**|||| |**Recommended calgorles by**
**acvit**
**Incoming rsourcs (Note 3)**
**Incoe and enn tra:**
**Do o • Blildr Fo**
**Ctito a**
**Oth l**
**ae**
**lnvstnuns**
**S**
**ma a Ia olne-GlAd**
**O = Gra**
**_Total_**
**Resourcs expended (Note 4)**
**Epnlt.e on:**
**S1**
**S**
**S**
**S**
**S**
**S**
_S_
**RSsing fin**
**S**
**Chit ae**
s
**Se**
**m-8 It o_**
**S10**
**Ol**
**S11**
**TW**
**�**
**Net lncomel(expendltur) befor Investment**
**gainsl(losses)**
**s13**
**Ne gn(lo e) o ln n **
**S14**
**Nat income/(expendltur)**
**s15**
**Extrorinar items**
**s1s**
**Trnsfer betwen funds**
**s11**
**Other recognised gains/(losses):**
**Gn ldlo**
**o reuo o xe a f l-itsonu**
**S18**
**Oth gn(l0)**
**S19**
**_Net_movement****_Infunds_**
**S**
**_Reconc/ation offunds:_**
**TC f lefcd**
**_Total funds_care****_forar_**
**S1**
**S**||

**Unrestlc1d**
**fnds**
**£**
F01
-
**Restlcd**
**Income**
**fnds**
**£**
F02
**3,40**
**Endoment**
**fnds**
£
F03
-
**Tol fnds**
**£**
**F04**
**3.40**
**Prior year**
**fnds**
**£**
FOS
**4,405**||| |||


**15 660**

**43 216**
~~-~~

**201 876**
**177 752**||| |||


**76**
**1 370**
~~-~~
**144 6**
**1 436**||| |||

**8**
~~-~~
8
~~-~~||| |||

**43386**
~~-~~
~~-~~
**4338**
**29 892**||| |||



-
**202 130**
**27 430**
**75 420**
~~-~~-

**27 430**
**277 550**
**21 299**
**23 78**||| |||

**71,536**
**0**
~~-~~
**71,536**
**45,204**||| |||
**93,474**
**42,155**
~~-~~
**135,629**
**71,248**||| |||

~~-~~
~~-~~
~~-~~
~~-~~
~~-~~||| |||

**81,709**
**246 719**
**27,430**
**6955**
~~-~~
-
**109,139**
**316 30**
**10,924**
**21 376**||| |||
-
**4459**
**5 835**
-
-
**38 75**
**13 408**||| |||

~~-~~
~~-~~
~~-~~

~~-~~
~~-~~||| |||
~~-~~
**4459 **
**5 835**
~~-~~
~~-~~
**375**
**13 408**||| |||

~~-~~
~~-~~

~~-~~
~~-~~||| |||
~~-~~
~~-~~
~~-~~
~~-~~
**53 036**||| |||||| |||
-
-
-|-
-|| |||

~~-~~
-
**4459 **
~~-~~
**5 835**
~~-~~-|-
~~-~~
**38 75**
~~-~~
**64**|| |||

|
|| |||
64
**21 855**
~~-~~
**5 835**
~~-~~-
64
**27 69**
~~-~~
**64**||| **4** Section B Balance sheet UM•strl¢lBd In¢om• EndOwn￿nI Totsl y••r Totsl la•t Flxed assets Intsnglbl• a•¥ot8 Tanglbl• asMt• (Not• 81 H•rftag¢ a880ts In￿stmentS F01 F02 FO8 F05 35.42S 35.425 Current assets *ock8 Debtors Inv•s¢m•nts Cuh at bank & In hand (Noto 10 Total curnnt•ss•ts 10,341 10.341 10.341 10,341 È10 Crgdltors: amounts falllng du• wlthln ono INots9) B11 7,735 7,735 Total•ss•ts cunvnt Il•bllltl•s 618 27.0 Credltors: wnount8 falllng due aftor on• yoar (Not• 91 Provl¥lon$ for Ilabllltl•s B14 B15 Total n•t assets orllaljllft Funds of tha Charfty B16 Endowmont fund• Restrfct8d Incom• tund¥ Unr••lrfct•d fund• Rovalu•tlon rB•w 817 B18 819 21.855 Total funds 21,855 27.690 SwJned by ong OT tru*os on beha￿ of all th8 twste&s 8wJnatu Prini Nam 2£10712, S e(tion C Nntpfi to th caccount 2.1 INCOME TrIB￿ndE￿I]¢of8Q￿￿nthgPo￿$Sb•8b0Ofi appwbylfve Y*"orW•'. •dIT￿nI ThqsEaM knt*ded &a*rr•tholFkn•ndoi•AJhth¥ (8eFA)*tsn'. the tolhe no¢Jh•dkng ota*J￿0￿￿ or Nl ¢2Mntsand kn th4 8oM nc4gnl ¢lYthts •r4 d￿1Cm rakn¢• 4r• w*lè.111 kn &12 FRS10Z8ORP ontyOtx¥Jra%th•Trlhe pèrfomwnro lxndlbns￿ mt15.16 FRS 102 SORPI L49**6•rn kntho rnc•bt*probabkn.thJlk,Thth•rsthorn q•toIo•ndanye￿&1bns0trth￿j to tho kna•tyW4¢kn•rwthknth• oJTrI￿I0lth• arhaw b•sn Th• rnpJW8mmThntgonknkn tho rnporthg PB GllP*J knknL*Jdod kn dodllrntsr¢fromthB ¢JoDty. Tu AmyGl1A￿ wTh)UTrtrno)wJ￿ll on g th)r01kn k oJrffjhlBrndto b•P*toftr￿Q￿Q￿d a$ on ¥¢dhkn to thè funda•ihe trWldonAkn urho0th9 dDrKrrtth• tsrn•oftho oth•M*. Th&lIon￿ knrjjdgd kn thB SoFAonrA th• c*•ltyh¥ WD¥knJ th• K•*lodguLth•r No ofihow th•yaro rnCQ9nkqd on nr•*L In th• rnpothy pfjrfod IIM 9tL¥*sarn atth8 affrgjntoftho *oc* ol dpJtsbUi*n. •xp8thd Pr￿8¢•r￿mI0kn WOCied caytsof*b. •nd kn'ln¢w t￿Other￿¢￿ *C*WJ¥•r Nl Govd•don•t•d byth8 L**ty•ATr d•d 1sth• SOFA wJh*bkn. latu*• bythD knL*d#d hi the SoFA•g knwmkndonalknMvkn•n Wo faciifa•• #nto tho ofth• ty• Jn•twJ fa(**8lhNtU4 r4cognW ailx&¢ •n undovth•apyprf*i• h1?￿￿9￿th VLILthrts•lp rdprt W• ¢11kn￿ Ar•On￿ knlh SoFAtAth•n th• kncorn cthr &r• rntis.ioto 5.12 Ff6102 8OFIPlgnd kn&Jd•dA8an th• FL Thllknrknth arunMAl*d on th• olknv•thwnts 12 EXPENDrfuRE AIID LIABILrriES Uthlty the th￿t0 pay0ults￿ur(¥so￿fj th*AM￿t01thfj •tWJn Watshm￿on *hJ(•tsd b•t*¥ongtyYmBThX¥ oJ*•ndaUW•UPPOrt Go￿n￿r￿￿) p￿￿9(￿JU￿1lb￿o1thQ tharfty*nd MD ¥nc• *lth Andguod PrnLabx. wwMpIth. &41Fw*bythg kn¥8peht4nd oth•rf•J*Jbylhe*uwy. W• r¢(*knniptth• th8 6p8thd •oTh*xorauWUL Pm*lrAi**fii•WYth A￿￿13rn￿SU￿d on Trc4grfp)n at oJs1 on0th￿ The th￿￿￿*un￿rOrb#￿th*￿￿ trthM)ntson #A•lB•Nrrflll 10.7 FRS102 SOAP. subwqu￿￿￿￿￿•W￿1*￿P•rPrnwPtse 11.17 trj 11.19. 102 80r&. 2.3 ASSEf8 Thr￿￿1••4•0•*••ts1ry TrAq• r4pl*l*rt Yth•yutsh then orA•>wr. Th• dgPtedslb)n dknL*J*gd kn not•g.2. Th¢ knthngl)* r￿d ts880ts. that￿nO￿4￿￿•￿ry BSaOtsthllt thJ hg Th•thBrfty hesb•*8g• tothno￿&*1. 9goph>%hxiof•Db*vnrnMOlqu•kn1￿1•rn hw mthtshwd to kn0v￿O rnl••4nd thod$ a¥dtsdMad kn n¢t• 9.8.1A. Th4yAr•vthod ¥1 tr> (4nnotbb n¥awrnd Bt gnd c4th ONJ ¢1gh4qUlA(M￿rn1h stoth rn*L¥JrnO•tth•*worcf4tor*•t bBwd4>n th4 •othpolBnuglprob*Jed bytsmof•to Dobtsofjncltdknlltade dDbbmAnd on at eJlUgnwrt4mUTri oft•ranytrnd•d*>)untsor•rnuni*th*nc•Y by1￿ L*arfty. Subwqurynty, hal *ho￿lI0r￿*1lI orpondhg th•kgA* •nd #na oknt•*th • ￿￿￿d¥10 *slhan tsn• ￿er. knthde dkpothAnd (a 8qupMknt4¥th o rMlurtyd#i•ofknBglbBn ona ygarh*J forhmkt￿n1 puw680thvthontrt th￿qU•l￿a￿ Gftl•J 27A e16 To 40.Ok¥) 71 Ta T47 TO TOTALxcofiE 10 S ertion C Notes to Ih Èaccount Iconll Not• 4 Exp￿￿11￿￿¢?￿ ralthg fund8: InGLrred seek￿ doryalk)n¥ Incurr￿1 $8Bkhy Wie8 Incurred 588khg grants 8ockl ￿atter￿tr Stsg*KJfvnthai4kwJ evwtS Rent, Flats. prcpwty ropatr8 aTr 71 Total •xp￿d#￿T• on AWngfund8 Ex￿￿￿1t￿￿ ON ¥ltablo actlvllbg• ch8rttab￿ and Pcllkal EvarvJ8&m Felrw UP £¥￿￿ Gen￿￿ EYp8nses 478 FOL LkJhtTVIGLC Stsxl Chcir ExK*n888 Mks SYJ 155 Pastor81 Care 345 staff TrainMg RetrgBt Exp8ll¥eS Ypc HONORNRIUM H08pltalty Tot•1 •xpondlluMon tharfW)l• 93,474 42.155 Tot Lvltt &*ccoLrt8r recbtth Ex BBnk F￿6 eys N8lbThl Int8rest P￿d Insura IT Sofvare and cOr6￿1￿bIl6 Prts)ti & Stst￿0 Motor Ex n88 Po8 e,Fr bl&CoL 17 17 h￿e8 Internet Sab Pensk)n8 Cc*t L￿8 Payrwts 27430 975 975 758 758 Travel Totd otkn•r•xp•AdWur• TOTAL EXPENDITURE 316 221 376 12 S edion C Notes to th eaccounts Noto 5 Ddalh of cartaln Itoms alexpondliwè 10.1 F•w for•x•Thlnailon ot th• accounts Pl•M•provld•d•t•lls olth• •mountpakl ft>r•ny#l•tstory •xtern•lwvtlnyofaccounts 0ndothw8•frvl¢•trprnvW•d byjwur Indwd•ntwmln•r. ff nothlng w•spaldpl••4e èntsr W'ln th• Thlsy• Indowid•nt •xamh*• f 10800 11150 A88ur4ne• 8•Nlcw oth•rth•n audlt orlnd•p•nd•nt •x8rnlnatlon othorfo08 {forox•npl•: flTr•nclal advk•, Cons￿lIanty. account•ncy #•M¢w) pald tr* thg Ind•p•ndent •x•mlnw 13 S edion C Notes to th e3¢counts Note Pakl am theos PIMse complgte thls not• if tho eh8rftyh￿ •ny •mploye 0.18taff Costs Thlsy Last year Salarl•s and wago• Employ•r Natlonal Insurnnca Pon$lon costs {defin8d ¢ontrlbutlon 8¢hom8) Othgr wnployw benefit• 53.691 4,065 50.216 4,939 Total staff costs NIA Please provlde detalls of expendlture on staff worklng for the charfty whoso contracts aro wlth and •re pald by a relat￿ party pl￿$8 glve detalls of th• numberof •mploy•93 whos• tot•lemplo)T• b6nellts (oxdudlng employwp•n$lon costs) f•llwlthln each band 01￿0,0(￿ from £60.000 upwanls. Irthern arn no Such hns•¢tlons, plea￿ enter YNe'ln the box No omployees recolved •mployee benefflls WA (gxcludlng omploy•r p•nslon costs) forthe rnportlng period of morn Ihan £60,000 Band 000 to £39 999 £40 000 to £49 999 £50 000 to £59 999 £60 000 to £99 999 £100 OIXI to £109 999 Numb8rof em lo Volunt88rs 31 Pl•aso provlde th• total amount pald to k•y M￿89￿m•nt p•raonno1 {includes Irust8eg and swlor Managem￿1) forthelr •*VIc￿ to the charlty NIA 14 Try 11 41.rn 8trawtLts1￿L ot ￿[4 &TJS Y.#X*bo•k 41,m &6 15 Section C Notes to the accounts Icontl Not• 8 Crodllors and accru•l8 .1 Analyfjts ot ¢r•dltor4 Amounts luHlng du• wlthln on• y•ar Thls y•ar La#t ￿or Amount• lalllng qlu? after mor• Ihw oft• ymr Thkn yur Last yw Ac¢ru*l• forgrnnts pay4bl• Bank loan• •nd o¥•rdrnft• Trnd• cr•dltorn Paym•nt8 rnc•lv•d on aw)unt for¢onlracts or perfom1ancw￿a1•d grants Accyuals and dofgrnd Incom• TaxatTon and so¢lal 8ecurKy Oth•r crndltorn 21 230 18,076 Total 4.608 82 Dtsred b￿¢￿￿• Pl••M complgte thls noteff Ihe ¢harffyh•8 dofonvdlftcom th• r•ason$ wh Incom•ls d•fffld. Thlj y••r LJ¥t BalgntrJ at th• •l•rt of th• ¥•portlng porlod Amounts add•d In ¢UhT•nl p•rfod Amounts rnl•a8•d to Incom•from P￿[0￿1 p•rfod• Balanc• •t the •nd of th• r•portlng perfod 16 Section C Notes lo the accounts Icontl Note 9 and In hand Cash at bank Thls yoar Last yoar Short tomi ¢4•h Investments (18SS than 3 month8 m•turlty Short torn1 d•po81ts & Pr￿ayMan* Ca#h at bank and on hand other Total 10.341 38,356 17