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RCCG GARDEN OF HOPE INTERNATIONAL
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 December 2024
Charity Number: 1102312
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RCCG GARDEN OF HOPE INTERNATIONAL
| CONTENTS |
PAGE |
|---|---|
Legal and administrative information |
3 |
Report of the Trustees |
4/5 |
Report of the independent examiner |
6 |
Statement of financial activities |
7 |
Balance sheet |
8 |
Notes forming part of the financial statements |
9/10 |
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RCCG GARDEN OF HOPE INTERNATIONAL
YEAR ENDED 31 DECEMBER 2024
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
Registered office
25 Jerningham Road Liverpool L11 7BX
Accountants & Independent Examiner
S&V Bond Accountants The Bridge Nucleus Brunel Way Dartford DA1 5GA
Bankers
Barclays Bank Plc - Liverpool University Branch Liverpool South 2
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RCCG GARDEN OF HOPE INTERNATIONAL For the year ended 31 December 2024
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
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In 2024, we had programs designed to encourage our local assembly and to bless the wider community.
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In January, we had our annual Integrity Conference with guest Speakers and ministers. We held this in the All Nations hub near us.
We welcomed more members and families to join the congregation. That was a blessing.
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We maintained Sunday services in the building and stayed online for our week- day meetings and night vigils. This kept our rent at the same cost.
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We have continued to use social media.
We also helped organise joint events with local churches. These were events that involved our local communities and helped to build unity amongst our different congregations. This was a football tournament that was held in football grounds and supported by local footie coaches. There was also a joint Family Fun day in the park with the local police, and the community.
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In May, we celebrated our anniversary and invited the community and friends.
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For Christmas, we had our Christmas programmes and had food packages delivered to families.
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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.
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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:
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Select suitable accounting policies and then apply them constantly;
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Make judgements and estimates that are reasonable and prudent;
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State weather applicable accounting standard and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
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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 which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply 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 New Bond Accountants were engaged as an independent examiner during the year and the trustees recommended that they remain until further notice.
This report was approved by the trustees and signed on its behalf by:
- ………F.Ilesanmi…………………. Funmilayo Ilesanmi
Y. Ogungbemi ……………………. Yemisi Ogungbemi
Date: 29.10.2025 Date: 29.10.2025
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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 2024 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 and audit opinion on the view given by the accounts.
Independent examiners’ statement
In connection with our examination, no matter has come to our attention:
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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
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To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act Have not been met; or
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(2) To which, in our opinion, attention should be drawn to enable a proper understanding of the accounts to be reached
SBasson
Sabhita Basson (Managing Director) S&V Bond Accountants
The Bridge Nucleus Brunel Way Dartford DA1 5GA
Date: 29/10/2025
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RCCG GARDEN OF HOPE INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED: 31 DECEMBER 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Incoming Resources | Unrestricted Fund (£) | Unrestricted Fund (£) | |
| Tithes & Offerings | 38328 | 25702 | |
| Thanksgiving | 1575 | 1150 | |
| Donations | 1785 | 1355 | |
| Others | 1378 | 1240 | |
| TOTAL INCOME | 43,066 |
29,447 |
|
| RESOURCES EXPENDED | |||
| Ministry | 3856 |
0 |
|
| Honorarium | 3600 | 500 | |
| Training & Seminars | 0 | 38 | |
| Rent including Utilities | 4453 | 4400 | |
| Printing, Postages & Stationery | 635 | 114 | |
| Telephone & Broadband | 750 | 567 | |
| Church Equipment | 155 | 0 | |
| Travelling | 800 | 218 | |
| WEM /RCCG Central Office | 1000 | 750 | |
| Hospitality | 242 | 491 | |
| Accounts & Professionals | 0 | 1100 | |
| Insurance | 364 | 349 | |
| Outreach/Conference | 1067 | 450 | |
| Gifts & Donations | 390 | 400 | |
| Welfare | ~~4000~~ |
~~500~~ |
|
| TOTAL RESOUCES EXPENDED | ~~21312~~ | ~~9877~~ | |
| Net Movement | |||
| (Surplus/Deficit) | 21754 | 19570 | |
| Total Fund brought forward | 130155 | 110585 | |
| Total Fund carried forward | 151909 | 130155 |
The notes on pages 8 to 10 form an integral part of these financial statements.
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RCCG GARDEN OF HOPE INTERNATIONAL
BALANCE SHEET AS AT 31 DECEMBER 2024
| NOTE | 2024 £ |
2023 £ |
||
|---|---|---|---|---|
| Tangible Asset | 5 | |||
| Current Assets | 155 | 0 | ||
| Debtors | 0 | 0 | ||
| Cash at bank | 151,909 | 130,155 | ||
| Total Current Assets | 152,064 | 130,155 | ||
| Less Creditors | ||||
| (Amount falling due within one year) | 6 | 0 | 0 | |
| Total Assets less Current Liabilities | **152,064 ** | 130,155 | ||
| Creditors due after more than one year | 0 | 0 | ||
| NET ASSETS | **152,064 ** | 130,155 | ||
| FUNDS: | 151,909 | |||
| Unrestricted fund | **151,909 ** | 130,155 | ||
| TOTAL FUND FOR THE YEAR | **151,909 ** | **130,155 ** |
………… F.Ilesanmi …………
Funmilayo Ilesanmi
Date: 29.10.2025
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RCCG GARDEN OF HOPE INTERNATIONAL Notes to the financial statements For the year ended 31 December 2024
• 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
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RCCG GARDEN OF HOPE INTERNATIONAL
Notes to the financial statements For the year end 31 December 2024
| Tangible fixed assets | Fixtures, fittings and equipment (£) |
Motor Vehicles (£) |
TOTAL (£) |
|---|---|---|---|
| Cost: At 1st January2024 |
0 | 0 | 0 |
| Additions duringtheyear | 155 | 0 | 0 |
As at 31 December 2024 |
0 |
0 |
|
| Depreciation Change for theyear |
0 | 0 | |
| Net book value | 155 | 0 | 0 |
| At 1stJanuary2023 | 0 | 0 | 0 |
| Depreciation Change for theyear |
0 | 0 | 0 |
| Net book value as at 1st January2024 |
0 |
0 |
0 |
6. Creditors: amounts falling due within one-year 0
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.