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|CONTENTS|||PAGE|
|---|---|---|---|
|Reference and administrative||details||
|Directors report|||3 - 7.|
|Independent
Examiner's
report||||
|Statement
offinancial|activities|||
|Statement
of financial|position||10.|
|Notes to the accounts|||11 - 13|
||||||THE REDEEMED CHRISTIAN|THE REDEEMED CHRISTIAN|THE REDEEMED CHRISTIAN|CHURCH OF|GOD|
|---|---|---|---|---|---|---|---|---|---|
||||||KING'S TOWER||ASSEMBLY|||
||REFEREN( E|||AND|ADMINISTRATIVE
DETAILS||OF|THE CHARITY, ITS DIRECTORS AND||
|||||ADVISERS FOR THE PERIOD ENDED 30 NOVEMBER 2022||||||
|Directors|||||Ebikunte
Adewunmi||Oduyemi|||
||||||Peter Barnikole Oladipo|||||
||||||Olusegun
Adesina||Oludele|||
||||||Israel David|Oluwatobi||||
|Company||registered||||||||
|number|||||13746020|||||
|Charity|registered|||||||||
|number|||||1197654|||||
|Principal||Office|||57 Colesmead|Road||||
||||||Redhitt|||||
||||||RH1 2EN|||||
|Parish Pastor|||||Pastor Israel|David|Oluwatobi|||
|Independent|||Examiner||Akintayo
Ojo|FCCA||||
||||||Resource Management|||Consultants|Ltd|
||||||46 Hollywood|Way||||
||||||Erith|||||
||||||DAB 2QE|||||
|Bankers|||||Barclays Bank|PLC||||
||||||Market Square|||||
||||||Aylesbury|||||
||||||HP20|||||
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||||||2022|2022||2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||Total|
||||||Funds|Funds||Funds|
|INCOMING
RESOURCES||||Notes|f.|f||E,|
|Donations,
legacies 5 similar incoming|||resources|2|73,154|2,900||76,054|
|Activities
in furtherance
of charity's||object||3|1,999|||1,999|
|Investment
income||||4|||||
|Total incoming
resources|||||75,153|2,900||78,053|
|RESOURCES EXPENDED|||||||||
|Grants payable - individual|||||65|||65|
|Grants payable - institutional|||||9,112|||9,112|
|Costs ofactivities
in furtherance||of|||||||
|charities objects|||||66,954|||66,954|
|Management
and governance|costs||||2,360|||2,360|
|Total resources expended|||||78,491|||78,491|
|Net (outgoing)/incoming
resources|||for year||3,338|2,900|-|438|
|Total funds at the start ofthe|year||||5,580|||5,580|
|BALANCE AT END OF YEAR|||||2,242|2,900||5,142|
||THE REDEEMED CHRISTIAN CHURCH OF GOO|THE REDEEMED CHRISTIAN CHURCH OF GOO|THE REDEEMED CHRISTIAN CHURCH OF GOO|- KING'S TOWER ASSEMBt Y|
|---|---|---|---|---|
|||STATEMENT|OF FINANCIAL|POSITION|
|||AS AT|30 NOVEMBER|2022|
|||Notes||2022|
|FIXED|ASSETS||||
|Tangible
Fixed assets|||10|5,973|
|CURRENT ASSETS|||||
|Cash and bank balances||||2,793|
|||||2,793|
|LIASILITIES|||||
|Amount|falling due within one year|||3,623|
|||||3,623|
|NET ASSETS||||5,142|
|CHARITY|FUNDS||||
|General|- unrestricted|1d||2,242|
|General|- restricted|le||2,900|
|TOTAL FUNDS||||5,142|
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||||||||2022
2022|2022|2022|2022|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted
Restricted||Total||||
|||||||Funds
Funds||Funds||||
|5.Grants payable - individual
Individual
welfare||||||E|65|E||65||
|6. Grants
payable - institutional
Charitable
giving
-UK||||||E
9,112||E
9,112||||
|Charitable
giving -overseas
Total||||||9,112||9,112||||
|List of institutional
grants
RCCG WEM||payable
World||Evangelism||E
8,012||E
8,012||||
|RCCG Central
Office||Central|||Office Suppo||550||||550|
|Festival of Life||Mission|||support||550||||550|
|Others||||||||||||
|Total grant payable -|institutional|||||9,112|||9,112|||
|7.COST OF ACTIVITIES IN|FURTHERANCE|||OF|CHARITY'S OBJECTS|||||||
|Visiting speakers expenses|||||||250||||250|
|Seminar, conferences|and subscriptions||||||144||||144|
|Travel and subsistence|||||||1,482|||1,482||
|Hall hire, rent at rates||||||14,030|||14,030|||
|l4lusic, liturgy
at church|group||||||3,796||||3,796|
|Mission, evangelism
at|projects||||||1,240||||1,240|
|Welfare
at hospitality|||||||686||||686|
|Telephone
S.internet|||||||944||||944|
|Printing,
postage,
ITconsumables|||and||stationery||1,358||||1,358|
|Motor expenses|||||||1,306||||1,306|
|Worship cost 8 church|occassion||||||100||||100|
|Training
mission|||||||1,362||||1,362|
|Utilities|||||||1,334||||1,334|
|Depreciation|||||||2,674||||2,674|
|Insurance|||||||1,066||||1,066|
|Repair Si maintenance|||||||48||||48|
|Staff cost|||||||32,813||||32,813|
|Office expenses|||||||1,789||||1,789|
|Admin
8t finance costs|||||||532||||532|
||||||||66,954||||66,954|
##
|||||||2022|2022|2022|
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|
|||||||Funds|Funds|Funds|
|8. MANAGEMENT
AND GOVERNANCE||||COSTS|||||
|Professional
fees -Legal||5lease|||||||
|Professional
fees -Other||||||910||910|
|Examiner's
fees -|accountancy|||||1,450||1,450|
|||||||2,360||2,360|
|9. TANGIBLE FIXED|ASSETS||||||||
|||Motor||Musical||Computers|Furniture
5.|Total|
|||vehicles||equipment||ar projectors|fittings|30-Nov|
|Cost|||f||f|f|f|2022
f|
|At 13anuary 2022||3,995||3,652||2,672|1,473|11,792|
|Additions
At 30 November
2022||3,995||799
4,451||3,470
6,142|1,274
2,747|5,543
17,335|
|Depreciation|||||||||
|At 1 3anuary 2022||2,571||2,279||2,365|1,473|8,688|
|Charge for the year
At 30 November
2022||524
3,095||657
2,936||1,175
3,540|319
1,792|2,674
11,362|
|Net book value|||||||||
|At 30 November
2022|||900|1,515||2,602|956|5,973|
|10. CASH BALANCES||||||||Period ended|
|||||||||30-Nov|
|||||||||2022|
|Cash in Bank at year|end|||||||2,793|
|||||||||2,793|
|11. CREDITORS||||||||30-Nov|
|Trade creditor's
due within||12|months|||||2022|
|Accrual: Staff cost
Accrual: accountancy|fees|||||||2,173
1,450|
|||||||||3,623|
##
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|13. STAFF COST AND NUMBERS|Period ended|
|---|---|
|Staff costs were as follows|30-Nov|
||2022|
||E|
|Wages and salaries|30,250|
|Social security costs|1,999|
|WPS - Empioyer|564|
||32,.813|
||||||Period ended|
|---|---|---|---|---|---|
|The average||number ofemployee|during|the year was as follows|30-Nov|
||||||2022|
||||||No.|
|Pastoral||||||
|Charity|administration|||||
|Total||||||
##
|14. NET INC|OMING
RESOURCES/(RES|OURCES
EXPENDED)||
|---|---|---|---|
||||Period ended|
|This is stated|after charging||30-Nov|
||||2022|
||||E|
|Depreciation|oftangible assets owned|by the charity|2,674|
|Accountant's|fees||1,450|