## **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements Year ended 31ST MARCH 2022 Legal and administrative information** ## **Status** Registered charitable organisation in 24 January 2002 as Jesus Kingdom City,. Changed name of charity to God's House International Centre in July 2013. Also registered as private company limited by guarantee without share capital om 4 June 2021. ## **Charity Trustees** Jon Tamber Mousah - Chair, appointed 09 May 2015Jon Tamber Mousah - Chair, appointed 09 May 2015 Michael Ipinyomi - Trustee, appointed 08 January 2022Michael Ipinyomi - Trustee, appointed 08 January 2022 Rev Kehinde Benson - Trustee appointed 08 January 2022Rev Kehinde Benson - Trustee appointed 08 January 2022 Catherine Giwa - Trustee, appointed 08 January 2022Catherine Giwa - Trustee, appointed 08 January 2022 Ayolabi Temitope Ezobi - Trustee appointed, 11 June 2012Ayolabi Temitope Ezobi - Trustee appointed, 11 June 2012 ## **Registered office address** 55 HIGH STREET, STAPLE HILL BRISTOL, BS16 5HD ## **Charity operations address** 55 HIGH STREET, STAPLE HILL BRISTOL, BS16 5HD ST JAMES HALL, CANNON STREET , BRISTOL, AVON, BS1 3LP **Registered charity number 1090243 Registered company number 13438082 Bankers** Barclays Bank PLC Kingdom Bank **Accountants** AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA 1 ## **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements Year ended 31ST MARCH 2022 Trustees Report** ## **Statement from the Chairperson** We are incredibly proud of ever-increasing reputation of being a vibrant multicultural church reaching out to local, national, and international communities. We have managed to retain such reputation because of our passionate team, and our partnering with local and international churches/organisations with similar aspirations. Our decade long desire and work towards attaining our own multipurpose building came to fruition this fiscal year. We were able to attain and move into the sanctuary building in September and December respectively. We are ever thankful and grateful for answered prayer. I am very proud of the church and the group of people that collectively make this happen. We attained the sanctuary building with some extra immediate benefits like the white goods, furniture, sounds system, etc that were sold at giveaway prices, or given to us for free by previous owners. We in turn gave to other churches items of value not needed by our department teams. And the feedback was satisfying, knowing we are blessing other churches as God would want us to. There was a need for immediate renovations to meet minimum standards to use the building. This was carried out under the supervision by the building department. Other renovations work was carried out by members of the church voluntarily, that gave our offices, kitchen, and children areas a facelift. We are very thankful for increasing support. Others supported the work through donations. We are currently raising funds to replace the heating, increase the comfort factor in the hall and other rooms and meeting areas, also reducing the energy cost. Coming into a bigger building following COVID-19, was a concern rightfully raised by some. By His Grace our numbers are stable both in the building and online. Our finances are stable, and our plans are forging on, with God continuing to direct our steps as a church. We thank all that God is using for His glory and encourage others to come and be part of God’s work. GHIC continued to work in partnership with others by reaching out and impacting those in need. A project worth of recognition and praise is the prison ministry where our senior pastor continued to visit the local prison weekly and share God’s love. This ministry has developed exponentially and is changing lives of men and women. Other activities GHIC and partners have been involved includes the winter night shelter for the homeless. This is done in collaboration with the city council of Bristol, the Wild Goose and churches around Bristol. The new building has allowed us to run a fitness club for the elderly every Wednesday. This is to support those who live are alone by giving them a platform to connect with others. A total of 34 elderly women attended the program. Our hall is also being utilised by a local school for various school functions. A local dance school also uses the hall twice each year. Our new building has also been used for a funeral of one of the local police officers. We are pleased to be contributing to our community in such a broad way. 2 ## **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements Year ended 31ST MARCH 2022 Trustees report continued..** New members joined the board this year and their new ideas and contributions have been timely, considering the new challenges we are now faced with in a new bigger building. There is lots of potential in our new building and the board will work with the pastors and the rest of the departments to explore these for GHIC’s benefit. We are aiming to increase the total board members by two more members in the coming months. Women are encouraged even so, are encouraged to apply to have a fitting balanced in representation. We look towards a brighter and even more successful 2023. The Chairperson would like to thank the trustees and office staff who continue to work tirelessly to ensure the charity’s services are credible and in keeping with the strategic goals as stated in the Bible, trust deed, church vision. Current Trustees: Mr Jon T Mousah - Chairperson, Mrs Catherine Giwa -Vice Chair, Pastor Kehinde Benson - Treasurer, Pastor Temitope Ezobi - Member, Mr Michael Ipeyomi - Member ## **Responsibilities and basis of preparation of the report** The trustees who are also the management committee of the charity are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the trustees ………………………………. Date ………………………………. **Mr Jon Tamber Mousah (Chairperson)** 3 ## **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements Year ended 31ST MARCH 2022** ## **Independent Examiner's report to the Trustees** I report to the trustees on my examination of the accounts of the above charity for the above period. ## **Responsibilities and basis of report:** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement:** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Alhassan Bangura FCCA AL Accounting Solutions Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA Date..................................................... 4 ## **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements** ## **Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31ST MARCH 2022** |Unrestricted
Funds
Notes
£
**Incoming resources:**
Voluntary Income
3
159,754
Gift Aid Claims Receipt
30,741
Grants received
19,454
Bank Interest received
14
Other Income
10,383
Total Incoming Resources
220,346
**Resources Expended:**
Resources Expended:
7
171,824
Total Resources Expended
171,824
Net surplus/ (deficit) for the year
48,522
Opening funds
262,098
Reserves adjustments*
(42,565)
Closing funds
268,055|**Total**
**Funds**
**2022**
**£**
**159,754**
**30,741**
**19,454**
**14**
**10,383**
**220,346**
**171,824**
**171,824**
**48,522**
**262,098**
**(42,565)**
**268,055**|Total
Funds
2021
£
153,511
40,277
31,945
37
8,165
233,935
161,934
161,934
72,001
190,097
-
262,098| |---|---|---| _*GHIC Yoevil bank balance at the start of the year cleared from GHIC Bristol reserves_ 5 ## **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements** ## **Balance Sheet as at 31ST MARCH 2022** ||||**2022**||2021|| |---|---|---|---|---|---|---| ||Notes|**£**||**£**|£|£| |**Fixed assets**||||||| |Freehold Premises at cost||**560,000**|||-|| |Other Tangible fixed assets|2|**34,623**|||21,553|| |||||**594,623**||21,553| |**Net Current Assets**||||||| |Debtors & Prepayments|4|**6,667**|||12,733|| |Cash at Bank and in Hand||**52,476**|||258,779|| |Less: Current Liabilities|5|**(24,608)**|||(30,967)|| |||||**34,535**||240,545| |Private loans||||**(30,000)**||-| |||||**599,158**||262,098| |Mortgage Loan|6|||**(331,103)**||-| |**Net Assets**||||**268,055**||262,098| |REPRESENTED BY:||||||| |Unrestricted Funds||||**268,055**||262,098| |||||**268,055**||262,098| |Signed on behalf the trustees||||||| ………………………………. Date ………………………………. Mr Jon Tamber Mousah (Chairperson) 6 **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements** ## **Notes forming part of the financial statements for the year ended 31ST MARCH 2022** ## **1. Accounting policies** a) The accounts (financial statements) have been prepared in accordance with 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 in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. b) Voluntary income is received by the way of donations towards religious tithes and offerings. Donations received is included in full in the Statement of Financial Activities in the year in which they are received. c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. d) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows: - Fixtures Equipment & Furniture 20% - Motor Vehicles 20% e) Unrestricted funds are donations and other incoming resources received for the objects of the charity without further specified purpose and are available as general funds. f) Restricted funds are to be used for specific purposes as laid down by the donor. |**2.**
**Other Tangible Fixed Assets**
Freehold
Equipment &
Improvements
Fittings
£
£
Cost:
As at 1st of April 2021
-
100,523
Addition
17,053
409
As at 31ST MARCH 2022
17,053
100,932
Depreciation:
As at 1st of April 2021
-
80,540
Charge
-
4,078
As at 31ST MARCH 2022
-
84,618
Net Book Value:
**As at 31ST MARCH 2022**
**17,053**
**16,314**
As at 1-Apr-2021
-
19,983
**3.**
**Voluntary Income**
Tithe & offering
Building fund donations|Motor
Vehicle
£
12,630
-
12,630
11,060
314
11,374
**1,256**
1,570
**2022**
**£**
**135,191**
**24,563**
**159,754**|**Total**
**£**
**113,153**
**17,462**| |---|---|---| |||**130,615**| |||**91,600**
**4,392**| |||**95,992**| |||**34,623**| |||21,553| |||2021
£
152,486
1,025| |||153,511| 7 **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements** ## **Notes forming part of the financial statements for the year ended 31ST MARCH 2022** |**4.**
**Debtors & Prepayments**
Members Loans
Refund for Youth retreat
**5.**
**Current Liabilities**
Accrual for Accountacy fee
Accrual for Rent payments
Pensions
Wages control
Tax and National Insurance
**6.**
**Mortgage Loan**
Balance brought forward
Addition
Less: Repayments
Add: Interest plus adjustments
Balance carried forward
**7.**
**Resources Expended**
RCCG Mission & Central Office Contbutions
Welfare, Donations & Honorarium
Community Programmes & Outreach
Salaries & Staff cost
Pension Cost
Rent & Rates
Heat, Light & Water
Insurance & Licences
Repairs & Renewals
Travelling & Motor Expenses
Telephone & Internet
Printing, Postage & Stationery
Mortgage Loan Interest & Charges
Multimedia & Consumables
Books & Clergy Materials
Housekeeping & Security
Vicarage Expenses
Waste Disposal & Cleaning
Legal & Professional Fees
Accountancy Fees
Bank Charges & Interest
Sundry Expenses
Depreciation
Total|**2022**
**£**
**6,667**
**-**
**6,667**
**£**
**1,395**
**21,660**
**-**
**-**
**1,553**
**24,608**
**£**
**-**
**333,200**
**(9,119)**
**7,022**
**331,103**
**£**
**1,200**
**2,603**
**10,380**
**73,661**
**2,511**
**3,728**
**8,920**
**3,235**
**11,051**
**4,836**
**3,353**
**2,214**
**12,067**
**5,955**
**429**
**4,142**
**3,333**
**862**
**6,547**
**3,222**
**1,403**
**1,780**
**4,392**
**171,824**|2021
£
10,000
2,733| |---|---|---| |||12,733| |||£
1,080
21,660
982
846
6,399| |||30,967| |||£
-
-
-
-| |||-| |||£
3,510
25,534
10,052
71,331
3,556
13,374
7,690
5,541
670
4,218
1,827
850
-
3,592
103
885
-
1,163
-
1,595
355
700
5,388| |||161,934| 8 **Registered Charity No: 1090243 Registered Company No: 13438082** ## GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements Year ended: 31ST MARCH 2022 ## **AL Accounting Solutions Limited** Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA ## **GOD'S HOUSE INTERNATIONAL CENTRE REDEEMED CHRISTIAN CHURCH OF GOD Reports and Financial Statements** ## **Contents** |Page No|| |---|---| |1|Legal and administrative information| |2-3|Trustees Report| |4|Independent Examiner's report to the Trustees| |5|Statement of Financial Activities| |6|Balance Sheet| |7-8|Notes forming part of the financial statements|