# **RCCG GARDEN OF HOPE INTERNATIONAL** ## REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED: ## 31 December 2020 **Charity Number: 1102312** ## **RCCG GARDEN OF HOPE INTERNATIONAL** |**CONTENTS**||**PAGE**|**PAGE**| |---|---|---|---| |Legal and administrative information|||3| |Report of the Trustees|4/5||| |Report of the independent examiner||6|| |Statement of fnancial activities||7/8|| |Balance sheet|9||| |Notes forming part of the fnancial statements||10 -|11| # **RCCG GARDEN OF HOPE INTERNATIONAL** # **YEAR ENDED 31 DECEMBER 2020** ## **Legal and administrative information** ## **Status** The organisation is registered as a charity with the Charity Commission (number 1102312) The charity’s powers are governed by its trust deeds. ## **Trustees** The trustees who served during the year are as follows: Mrs. Yemisi Ogungbemi Mrs. Pamela Nsofor Pastor (Mrs) Funmilayo Ilesanmi ## **Charity number: 1102312** ## **Registered office** ## **Independent Examiner** “Maranatha” Business and Accounting Support – “Maranatha” 66 Orchard Hey, Old Roan, Merseyside L30 8RY. ## **Bankers** Barclays Bank Plc - Liverpool University Branch Liverpool South 2 ## **RCCG GARDEN OF HOPE INTERNATIONAL For the year ended 31 December 2020** ## **Report of the trustees** ## **Charitable objects** The RCCG (Redeemed Christian Church of God) Garden of Hope International is established for the advancement of the Christian faith worldwide in accordance with the doctrines set out in the Statement of Faith contained in the Schedule; and also for the relief of poverty ## **Fixed assets** Full disclosures on all matters relating to fixed assets are set out in note 5 to the financial statements. ## **HIGHLIGHTS OF ACHIEVEMENT FOR THE YEAR** In 2020, we had programmes to empower our church members and to reach out to our local community as well. In January, we had our annual Integrity Conference themed, '....Doing a great work'. We invited people from far and wide to attend and they were blessed by our guest Speakers. The pandemic hit in March so we had to devise ways of keeping our church community going. The Anglican building we use shut its doors all through the rest of the year in line with government guidelines and the wider Anglican advice. This meant we had to move our services online. We were able to do this successfully. To ease the economic, social and emotional needs of the church members, we created more online events where we could see one another online. Children and youths were included in the same way. We contributed to the local network of churches by reaching out to our local communities with programmes online that were interactive using social media effectively. We had welfare calls to all members of the church and we had food packages delivered to families. In the run up to Christmas, we reached out with financial tokens to help. We moved our Men of Integrity meetings and Women in the Gap meetings online. Here we come together to discuss and educate each other in the Word of God. We also pray for marriages and Singles and share insights on empowering one another. As a Church, our desire is to obtain a building that we will have full access to for services. This will enable us to have earlier Sunday morning services and help us introduce more regular community-based events. ## **Statements of trustees’ responsibilities** Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the year-end and of its incoming resources and resources expended during that year. In preparing those financial statements, the trustees are required to: - Select suitable accounting policies and then apply them constantly; - Make judgements and estimates that are reasonable and prudent; - State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements complies with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Independent Examiner** The services of Pastor Michael Wilhelm of Maranatha Business & Accounting support were engaged, as an independent examiner during the year and the trustees recommended that they remain in office until further notice. This report was approved by the trustees on **10 JANUARY 2021** and signed on its behalf by: …………………………. ……………………. _**Funmilayo Ilesanmi Yemisi Ogungbemi**_ ## **RCCG GARDEN OF HOPE INTERNATIONAL Independent examiners report to the trustees on the unaudited financial statements:** We report on the financial statements of RCCG GARDEN OF HOPE INTERNATIONAL for the year ended 31 December 2020 which comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein. ## **Respective responsibilities of trustees and examiners** As the charity’s trustees you are responsible for the preparation of the accounts, the consider that the audit requirement of section 43(2) of the charities Act 1993 (the act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners, an examination includes a review of the accounting records kept by the charity and a comparison of the account presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, we do not express an audit opinion on the view given by the accounts. ## **Independent examiners’ statement** In connection with our examination, no matter has come to our attention: - which gives us reasonable cause to believe that in any material respect the requirements - To keep accounting records in accordance with section 41 of the Act; and - To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act - Have not been met; or - (2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Michael Wilhelm of: “Maranatha” Business & Accounting Support ## **Date: 12 JANUARY 2020** ## **RCCG GARDEN OF HOPE INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED: 31 DECEMBER 2020** ||2020|2019| |---|---|---| |**Incoming Resources**
**Unrestricted**
**Fund (£)**
**Unrestricted Fund**
**(£)**||| |Tithes & Oferings
24,518.00
23,127.00
Thanksgiving
856.00
747.00
Donations
826.00
598.00
Others
250.00
845.00
Building Fund
0.00
160.00||| |
**TOTAL INCOME**
**£26,450.00**
**£25,477.00**||| |RESOURCES EXPENDED
Regional
360
960
Minister's Stipend
900
3900
Honourarium, Gifts &
Donations
1750
1380
Training & Seminars
150
385
Rent including Utilities
1750
4750
Repairs &Maintenance
0
0
Printing, Postages &
Stationery
276
414
Telephone & Broadband
612
469
Equipment & Musical
instrument
0
0
Travelling
_602_
402
WEM
300
0
Hospitality & Welfare
2621
1183
Accounts & Professionals
350
350||| |Books & Magazines||| |---|---|---| |(equipping)|0|388| |Accountancy|0|0| |Ofce Administration|0|475| |Outreach/Conference|765|1427| |Depreciation|0|0| |Interest & Charges|0|0| |**TOTAL RESOURCES**||| |**EXPENDED**|**£10,436.00**|**£16,483.00**| |Net movement||| |(Surplus/Defcit)|£16,014.00|£8,994.00| |Total Fund brought||| |forward|74,584.00|65,588.00| |Total Fund carried||| |forward|£90,598.00|£74,582.00| _The notes on pages 8 to 10 form an integral part of these financial statements._ ## **RCCG GARDEN OF HOPE INTERNATIONAL BALANCE SHEET AS AT 31 DECEMBER 2020** **----- Start of picture text -----**
NOTE 2020 2019
£ £
Tangible Asset 5 0 0
Current Assets
Debtors 0 0
Cash at bank 93,598 82,682
Total Current Assets 93,598 82,682
Less Creditors
(Amount falling due within one (3,000) (8,098)
year)
Total Assets less Current Liabilities 90,598 74,584
Creditors due after more than one 0 0
year
NETT ASSETS 90,598 74,584
FUND:
Retained income b/fwd 0 0
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Unrestricted fund **TOTAL FUND FOR THE YEAR** 90,598 74,594 **90,598 74,594** …………………………. ……………………. _**Funmilayo Ilesanmi Yemisi Ogungbemi**_ ## **RCCG GARDEN OF HOPE INTERNATIONAL** **Notes to the financial statements For the year ended 31 December 2020** ## **• Accounting policies** ## **• Accounting convention** The financial statements are prepared under the historical cost convention and follow the recommendations in ‘Accounting and Reporting by Charities: Statement of Recommendation Practice’ issued in October 2000. The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cash flow statement because it is a small charity. ## **• Incoming resources** Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. ## **• Resources expanded** Resources expended are recognised in the year in which they are incurred. Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutions and statutory requirements. ## **• Tangible fixed assets and depreciation** Depreciation is provided at annual rates calculated to spread the cost of each asset over its expected useful life, as follows: Fixtures, fittings And equipment - Over 4 years Motor vehicle - Over 4 years ## **RCCG GARDEN OF HOPE INTERNATIONAL** ## **Notes to the financial statements For the year ended 31 December 2020 Management and Administration** **----- Start of picture text -----**
2020 (£) 2019 (£)
Minister’s stipend, Honourarium, 2650 5280
gift and donations
Training & Seminar 150 385
Rent & Utilities 1750 4750
Repairs and maintenance 0 0
Printing, postage and stationery 276 414
Telephone 612 469
Instruments Musical 0 0
Motor and travelling expenses 602 402
WEM account 300 0
Hospitality/Welfare 2621 1183
Legal and professional 350 350
Books and Magazines 0 388
Regional 360 960
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Administrator’s fee 0 475
Outreach Programme 765 1427
Depreciation (written off) 0 0
Loan interest and charges 0 0
10,436 16,483
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## **4b. Trustees’ emoluments** There were no employees during the year apart from the Trustees. No member of the Trustees received any remuneration or expense reimbursement throughout the year. Investment Income Unrestricted Funds 2020 - £nil £nil Bank interest received £nil ## **RCCG GARDEN OF HOPE INTERNATIONAL** ## **Notes to the financial statements For the year end 31 December 2020** ## **5.** **----- Start of picture text -----**
Tangible fixed assets Fixtures, Motor TOTAL
fittings Vehicles (£)
and (£)
equipmen
t (£)
Cost: 669 1219 1888
At 1st January 2020
Additions during the -669 -1219 -1219
year
As at 31 December 0 0 669
2020
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Depreciation:
At 1 [st] January 2020 5314 1219 6533
Change for the year 0 -1219 -1219
As at 31 December 5314 0 5314
2020
Net book value
At 31 [st] December 0 0 669
2020
6. Creditors: amounts falling due within one year
2020
£
Unclaimed Minster’s Allowance previous year
3,000
Outstanding rent to: (St. Dunstan)
NIL
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