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2025-03-31-accounts

REHOBOTH INTERNATIONAL CHRISTIAN CENTRE

Charity No: 1003011

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

REHOBOTH INTERNATIONAL CHRISTIAN CENTRE (RICC)

Contents Page
Legal and Administrative Information 1
Trustees’ Report 2
Independent Examiner’s Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Accounts 6 – 9

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE (RICC)

1 April 2024 – 31 March 2025

Legal and Administrative Information

Charity No: 1003011

Trustees:

Pastor Sam Tekyi-Berto – Chair Deacon Iheanachor Onwumere - Treasurer Minister/Elder Anthony King - Safeguarding

Pastor Beryl St James - External Sister Alicia Dyer-Beckford - Building

Charity’s Principal Address:

104-106 Whitehorse Road Croydon Surrey CR0 2JF Tel: +44 2046195941 Email: admin@ricccroydon.org Website: www.ricc.org.uk

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE (RICC)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees of RICC present their report and accounts for the year ended 31 March 2025

Objects of the Charity:

To advance Christian beliefs and help alleviate poverty, hardship, and distress in the most pragmatic manner possible without compromising the Christian ideals for the benefit and interest of the public.

Activities and Achievements

RICC’s main activities include a weekly Sunday service, a midweek (Wednesday) prayer meeting, and weekly Tuesday Bible studies via Zoom. The church makes small benevolence payments to individuals (subject to the availability of funds and the priority of need) and undertakes missionary work in the UK, Africa, and the Caribbean. The church’s outreach team regularly runs food and clothes bank distributions and hot plate feeding/soup kitchen services from its registered premises for the benefit of the public. The church continues to participate in community evangelism and advocacy, in collaboration with other local churches in Croydon, to benefit the public and our immediate community. The church runs a successful remedial youth ministry, Christian counselling, and mediation programmes. After successfully running a vibrant Bible School for over ten years and graduating over 500 students with Diplomas in Bible Ministry, who are now serving as leaders/mentors in various capacities in our communities, the church has changed the dynamics of the Bible School. It is now called Bible Studies, making it accessible to everyone interested in studying and having a deeper understanding of the teachings of the Lord Jesus Christ.

Financial Review :

The Statement of Financial Activities shows incoming resources of £119,093 for the year 2024/2025 and net incoming resources of £22,664, compared with £167,475 and £35,435 for 2023/2024.

Statement of Trustees’ Responsibilities

The trustees are legally required to prepare financial statements for each financial year that give a true and fair view of the charity's state of affairs and results.

In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records, which reasonably accurately disclose the charity’s financial position at any time and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the charity's assets and taking reasonable steps to prevent fraud and other irregularities.

Approval:

This report was approved by the Trustees and signed on their behalf:

Date: 19/01/2026

Sam Tekyi-Berto Chair of Trustees

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE (RICC)

Independent Examiner’s Report to the Trustees of Rehoboth International Christian Centre

I report on the charity accounts for the year ended 31 March 2025 on pages 4-9.

Respective Responsibilities of Trustees and Examiner

The charity’s trustees are responsible for preparing the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the general Directions given by the Charity Commissioner. An assessment includes a review of the charity's accounting records and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the reports and seeking explanations from you as trustees. The procedures undertaken provide only some of the evidence required for an audit. Consequently, no opinion is given on whether the accounts present a ‘true and fair view’, and the report is limited to the matters in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

  1. Which gives me reasonable cause to believe that, in any material respect, the requirements: • to keep accounting records per section 130 of the Charities Act and

  2. to prepare accounts that accord with the accounting records and comply with the accounting requirements of the Charities Act that have not been met, or

  3. To which attention should be drawn to enable a proper understanding of the accounts to be reached.

PNC-actncy – 05/01/2026

PNC Accountancy Ltd (BA, ACCA PQ) 4th Floor Hamilton House Maldon Place London WC1H 9BB

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Incoming Resources (Note 3)
Income & Endowments from:
Donations and Legacies
Charitable Activities
Investments
Total
Resources Expended (Note 4)
Expenditure on:
Raising Funds
Charitable Activities
Separate Material Items
Total resources expended
Net incoming resources
Reconciliation of Funds
Total funds brought forward
Total funds Carried forward
Unrestricted
Fund
2024/25
£
112,868
0
6,225
119,093
92,274
4,155
0
96,429
22,664
268,966
291,631
Unrestricted
Fund
2023/24
£
166,085
0
1,390
167,475
129,274
2,766
0
132,040
35,435
233,531
268,966

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE

BALANCE SHEET AS AT 31 MARCH 2025

YR 2 YR 2024/25 YR 2 YR 2023/24
Notes £ £
Fixed Assets 5 NBV NBV
Freehold Building 315,206 359,864
Equipment 199 469
Furniture & Fittings - 298
315,405 360,631
Current Assets
Debtors and Prepayments 3,000
Cash at Bank and in Hand 15,000 2,000
18,000 2,000
Current Liabilities
Creditors Falling Due Within 12 Months 891 18,500
Current Assets Less Current Liabilities 17,109 (16,500)
Creditors falling due >1year 6
Bounce Back Loan (BBL) (23,686) (28,308)
Balance on Loan (for new roof) (8,650) (13,205)
Mortgage/Loans (8,547) (33,652)
Total Net Assets 291,631 268,965
Represented By Funds of the Charity
Unrestricted Fund 291,631 268,965

The financial statements on pages 4 and 5 were approved by the trustees on:

14/01/2026………………. And signed on their behalf by:

Sign: _ Sign:

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE

Notes to the accounts for the year ending 31 March 2025

1.1 Basis of Accounting Policies

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:

The Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going Concern

The trustees have prepared the accounts under the going-concern convention; and give the undertaken that the charity shall continue to meet its finacial and other obligations as they fall due.

1.3 Change in Accounting Policy

The accounts present a true and fair view and there are no change in accounting policies.

1.4 Changes to Accounting Estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

2.1 Recognition of Income

The trustees recognise when the income is virtually certain and they can be reliably measured. All membership tithes and offerings and dontaions are recognised in Donations & Legacies. Gift aid reclaimable on donations to the charity is included in the amount received when there is a valid declaration from donors.

2.2 Expenditure & Liabilities

They are included in the accounts on an accruals basis where it is probable 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.

Building Plant and Machinery Fixtures and Fittings

2% Straight line 15% Straight line 15% Straight line

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE

2.4 Taxation

The Church is a registered charity and, accordingly, is exempt from taxation on its income and gains; where they are applied for charitable purposes. However, the church is liable to pay employers' NIC/PAYE but currently, the church has no paid employees.

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Analysis of Income
Donations and Legacies:
Membership General Donations
Special Donations (by Members)
Gift Aid
Loan to Ministry
Insurance Settlement
Total
Charitable Activities
Rehoboth Children's Home
Tuck Shop
Rehoboth Bible School of Ministry
Total
Income from Investments
Interest Income
Rental Income
Total
TOTAL INCOME
YR 24/25
£
64,150
30,048
17,794
0
875
112,868
0
0
0
0
0
6,225
6,225
119,093
YR 23/24
£
87,916
30,600
44,068
3,500
0
166,085
0
0
0
0
0
1,390
1,390
167,475

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE

4 Analysis of Expenditure
Expenditure in Raising Funds
Pastoral costs
HMRC - PAYE/Pension
Visiting Pastors
Mortgage & Loans Repayment - inc Interest
Insurance Costs
Caretaker/Cleaner Costs
Photocopier Rental Paynts/Office equipmt
Depreciation
Repairs/Maintenance/Safety
Legal & Professional Fees/Admin
Independent Examiner's Fees
Light, Heat and Water
Council Tax/Domestic Business Rates
Subscriptions/Pulpit expenses
Cleaning Materials/Toiletories
Telephone/IT Tech Support
Postage/Printing/Stationery
Bank Charges
Expenditure on Charitable Activities
Travel [Local & Overseas inc hotels]
Evangelism Overseas
Benevolent & Charity Donations/outreach
Tuck Shop/Hospitality
Conference/General Expenses
Separate Material Items
Total resources expended
Net incoming resources
YR 24/25
0
0
3,000
40,446
1,606
3,535
0
12,960
3,873
200
875
3,150
3,194
14,835
550
3,890
0
161
92,274
0
0
900
1,405
1,850
4,155
0
96,429
22,664
YR 23/24
14,192
1,482
600
56,776
1,459
4,220
0
13,621
7,524
170
875
6,162
2,872
12,058
500
6,261
0
502
129,274
349
0
1,040
1,377
0
2,766
0
132,040
35,434

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REHOBOTH INTERNATIONAL CHRISTIAN CENTRE

5 Tangible Fixed Assets

Movement on the charity's tangible fixed assets were:

Cost
At 1 April 2024
Revaluation
Additions - Capital Refurbishment
disposals
At 31 March 2025
5.1 Depreciation
At 1 April 2024 (Accumulated)
Charge for year - 31 March 2025
Reduction in value
At 31 March 2025
5.2 Net Book Value
At 31 March 2024
At 31 March 2025
Building
Plant &
Machinery
£
£
664,900
1,800
(32,000)
0
0
0
0
0
632,900
1,800
305,036
1,331
12,658
270
0
0
317,694
1,601
327,864
469
315,206
199
Fixtures &
Fittings
£
350
0
0
0
350
318
32
0
350
32
0
Total
£
667,050
(32,000)
0
0
635,050
306,685
12,960
0
319,645
328,365
315,405

6 Creditors Falling due After 1 Year as at 31 March 2025

Creditors Falling due After 1 Year as at 31 March
Balance on Loans (for new roof) £8,650
Balance on Mortgage £8,547
Balance on BBL £23,685.93

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