REDEEMED CHRISTWN CHURCH OF GOD FWPUAJN OF UFE. BRIJNTR&EP*RI% REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS FOR THEYEAR ENDED 31ST DECEMBER 2023 REDEEMED CWWST￿N CHURCH OF GC F{W￿N OF UFE. a￿￿TREEP￿Rl$H Rw*r&lCWNumb*. 1IW7 Legal and adrntnistrative infomatlon Tru5tees' Report Independent Examiners, Report StaterrTent of Financial ACti￿tieS Balance Sheet Notes formlngpart of the Nnanclal statements 10 11 13-15 Pa8e 2 of 15 REDEEMEDCHFUBTIAN CHURCH OF GOD FOUNTAINOF LIFE, BRAINTREE PNRSH Rey5waYCharty Nwnbw.. 11(r LEGALAND ADMINISTRATIVE INFORMATION CONSTITUTION The Charity Is constltuted under a Trust Deed wtth re￿Stered Chartty nurnber 1103957 PRINCIPALADDRE55 4Wild Boar ￿e1￿ Braintree Essex CM7 3LL CHURCH LOCATION 85-91 East street Br3Intree Essex CM? 3JW TRUSTEES DrAfolabi Bewaji Pa5torJ.O. Adentyl PastOT (Mrsl Olubola Okuneye MrAdeshlna Osenl BANKERS Barclays Bank INDEPENDENTEXAMINERS Flourish Global Consulting (Afirm of Chartered Atcountants & Management Consultsntsl Unit 9 Challenge House 616 Mitcham Road Croydon (Ro 3A4 Pa8e3 of 15 REDEEMED CHRlgnAN ¢HUR¢H OFGOD FOUNTAIN OF LIFE. BWNTREE PAAI&I Reg*￿1)￿NlrtW. 1103957 ST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 TheTrustee5 presentthelrreport with the financ131 ststements ot the Charity forthe year ended 31 December 1023. The Trustees have adopted the provi51on5 of the Ststement of Recommended Prartice ISQRP)'Accountln8 2005 and other applicable laws. The Charfty Is constituted undeT a Trust Deed wlth reg15tered Charfty number1103957 Meth￿9 of appolntment or electlvnof Trustees The managernent of the church Is the ￿Sponsibl11tY of the Trustees whtsa￿ appointed by the mlnlster In charge under the terns cf the Trust deed. b) Pollcles adopted forthe Inductton and tralnlng of Trnstees The induction process for any newty appointed member of the Trustees comprises of an initial meeting with the chair and otherTrustee5, followed by rneetlngs wlth the mln15ter In charge on the powers and responsibilities of the Trustees. Information booklets are made available and referral to Charity cornrnlsslon webslte Is a150 encourage Organlsatlonal structure and ded51on maklng The Charity Is organlsed so thatthe Trustees meet regularly toadmlnlsterlts affalrs.There ts an admlnistratorlaccount personnel that handles the daily affalrs of the Charfty. Rlsk management The Trustees have assessed the major risks to whlih the Charity Is exposed, in particular those related tothe ope￿￿On5 and finances of the Charityj and are satlsfiedthat system5 are in place to mitlgate our exp05UTe to the rnalor rfsks. Pa8e 4of15 REDEEMEDCHRISTNN CHURCH OF GQD FouNfAIN OF LIFE, BR8JNTREEPPRkSH REy5WChartyMurrt*110¥7 QBJEcnv Pollcles and OblÈctlvex The object of the Church are to advance the Chrlstian rellglon for the publlc benefit in accordance wkh the doctrfnes of our Lord Jesu5 Chrisl through the holding of prayer meetings, lectl￿5, semons, evange115m, distribution of literdture and tracts, broadcastlng and such charitable means as the Trustees conslder appropriate. and the relief of poverty by such charitable means as the Trustees conslder appropriate. Strategles for achlevlng oblectlves The church has adoptedthe followng str3tewe5 for athievingthe above oblectNes'. Organising 5ernlnars and events wlth proven speakers and mini5teT of the fa￿h to gulde members in the various aspects of the Christian faith,. and support for other charities and Christian events. Actlvltles for achlevlng oblectlves > Advancement of Christian reli¥on Comrnunity outreach events Conferences and events Prow5iDn ofwelPdre supportto members > Provlslon of support to othercharftles Provlslon of a regular presence in the Town Centre Market > Provision of a food bank centre within the community d) Grants rnaklng pollcles In linewith the oblect of the Charity, to ￿lIef povertyandthe advancementof the Chrf5tian faith worfijwide,. the Charity ha5 a policy of supporting mlssionary organlsation$ such a5 Festival of Life, Chrlstian Youth Outreath (cyo), World Evangelism Mission, Unlverslty students, other charltles, members of the congregation and noTrmembers who are In need. The church Is also a member of the Bralntree A5s0clatlon of Churches Together, working In conlunctlon wSth all the churches In Bralntree to Improve ourcommunlty. Volunteers Thechurch lsgrateful forthe good efforts of itsvolunteeTS, whoare involved inthe servlce provLslon. The Charity has a volunteer coordinatorto ensure thatthe best value is derwed from the steyllng efforts of ourYolunteer5. Pa8e 5 of 15 REDEEME0cH￿snAN CHURCH OF GLID FOUNTAIN OF UFE, BRAINTREEPPHSH 11(LW57 Revl¢w of Artl7thtle5 The Charity is consolldatlng the gain5 of previous developments and has successfully ministeredtothe needs of ￿￿[lOu5 social groupswithln and outsidethe church. The church provides forum .for manpower developrneTrt for Its members to be equipped educationalSy, sodally and splritually. The Charity 15 an active memberof the BraTnt￿e A5501iation of ChurchesTogether(BACT) whlch regu13dy liaises wlth the councll and supports the Brairtree Council communlty actTvltles. The church 15 actively 5nvolved Snlolnt programmes organlsed bythe BACFwlthln the community which Is beneficlal tothe cornmunity asa whole. Everychristrnas we reach out to the homeles5 shelter In our community and also organise a Chrtstma5 Outreach within our communlty. We also loln In the BraSntree carnlval, an annual communlty eelebration. We sUPPOrt the Chrfstlan Youth OUt￿a¢h (CYO), which State whether applicable atcountlng standards and statements of recomrnended practice have been followed. sublectto any departures disclosed and explained In the hnanclal Statements. > Prepare the fln3ncl31 statements on the going concem basls unless It Is inappropr13te to presurne thatthe Charitywll continue in operatlons The Trustees a￿ responslble for keeping proper acctsuntTng records, whlch dlsclose with reasonable accuracy 3t any tSme, the fin3ncial p051tion of thÈ Charfty and to enable thern to ensure that the flnancial statements comply ￿￿th the General Directions ¥ven by the Charrty comrnisslon. They are also responsible for safeguarding the assets of the Charfty and hence for taklng any reasonable steps for the pTeventlon and detectlon of fraud and otherirregularltles. Approval Thls reportwas approved bythe Board of Trusteesand slgned on.. 9..n.c.r.. ￿.4........ and slgned on Its behalf by: Date.. P38e goflS EEMEO CHRtsTL4N CHUACHOFGQ io1MrAW DF UFE ORINTREEPAW$M StAkn**rtFkth¢thlA¢l%4tkn#F¢rTh•Y+#rGth314tD¥¢Wr￿￿12U1S Nol* Fur Fund 143.W 143, th￿•￿0n$. 28. 14.052 22.￿$ 6UlAknvF￿d 14,ts52 bp5infvrthp￿&n(t0ltho(*•￿•QbJ0￿ts In¥•slmth IrK(rfn• 1.457 Toial kicomkno r•wurc•• 1UJ85 143 74M)6 56,921 InfL*trmnceoftr￿C￿a￿0tle￿W 65,142 58299 11SJ21 4$,28S Oth•1t•c4y￿1•dg1l￿ N*th¢omp4•Np4ndliufvlforth*y4*r 48,ZB5 2T,173 In12023 111.331 111,334 e3,401 T•iai FW6C¥tsdFtir*¥dAtJlilD•umbw202J IW.619 111.3J4 RE0￿ME)e￿￿KS9n1MC￿umCH OFOOD FOtk4fAIN 0FUF¢8￿NTREEPARlIH sIM￿A￿At 31ÉlDAcArnbAr2023 FiK•do••01• Not•b ieA27 15.n4 Cashat bknk l￿d 11Q.104 144.SW AMOUntfalll*# 143,192 T¢i•l A¥￿t*L•￿• CurrNtU•blllll•D.N•lA••gts IIU•blllOwl 169 619 UNRE87W¢TEfsFUWD8 F￿nd# UnrnstriGted Trjr 1*019 Fund iwlane• 16? 61$ 1 644vAJI Jkd R•d•*m•d Ch￿#bI￿Ch￿r¢h ofGod F¢)untaln ol Br￿n￿￿• P4tr1•h Notss conUnU•￿...... l FJx•dkn•ts L•a*hold ImprD¥•M• Church & Co•t At I J￿￿Ary 2023 Addwth 11,3E6 76.407 e.129 11,148 .921 0.129 At31 D•c•mb*r2023 11.368 82.536 105.050 amoufft* wrltt•n t)ff At 1 January 2023 Chg19e forthe y4¥ At 31 D#¢4mbBt2•23 11.5 2152 5,0 67.248 83.147 5.478 88.623 372 10.032 N•tBookV•lu• At31 D4¢gmbw￿2J $280 A131 Doc•m￿r202? 31 14.255 1F,774 Cyodilorn Taxalon& Sodal Se(thty Other Crèdkrn. 7QO Incomln9 M•ourc•• Unr•thC￿ R￿￿lled JTrJB Total off￿r¥ a ThwkO*￿ Bthldlng Fund GIftAid Reddm 143.9 14.052 28.850 14S7 14,052 28,850 1,457 2.3QQ 22.845 188,26S 143.099 L4outtsf IS I1qd4#m￿ Chrf•thn ¢hur¢holGod Fountain of Llh. Bralrbtrw Porfsh & ¢oJt olg￿o￿tIng fvnd¥ in furfh•rnn Td•phonè. Intqmel8 Cal c4ntr0 WPW$4¥ Rent & rsb$ lindwater) Honor4iiu Brds & Teachin9 Matérfals c￿rth Othath & Publiuty Tr4iniw. Meetsng9 & cc￿￿rx¥ HowWty&W•NareSLpptyt 1.53B 37.238 8.100 2.059 1.827 25.430 8284 1.959 14,601 3.879 15,$30 7403B £6,927 6riJ 24.318 550 22.103 WEM Fund F&¥liv￿ of Lffe ChnstRedeem8rCrlhg 5UO 16.073 ChLThth Running Expeng•A & Waps & Sal£nesllnd. Nll TRvelliw e¥pense4 UphL Heath & Pwr Prfntlng, Postagè& Stawrfflery RÈpalts & Mainlen4nc& Corrputer Costs & CunsumablB¥ L¢g¥l & Profttgional fees Inwrance Ichurth b￿¥) Ingurnnt8 lec¢JB8HsbcllD SLthdryEYp8Th3es BHnk Ch MrAorRunning cowtancyf¢èg DeweC1￿1Qn". lea¥vM¢ lfflprovement thurth &office equlpmen rnotorveNdeg 8.81e 8.40D 8,313 1,905 9.149 375 1,$87 1,6 7QS 72 1.232 7S 700 4.751 372 Isu￿￿115 **REDEEMED CHRISTIAN CHURCH OF GOD** ## **FOUNTAIN OF LIFE, BRAINTREE PARISH** ## **Accountants / Independent Examiner's Report For The Year Ended 31st December 2023** I have examined the financial statements on pages 2 to 12 which have been prepared in accordance with the accounting policies set out on page 4. ## **Respective responsibilities of the trustees and independent examiner** The charity trustees are reponsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year (under section 144 (2) of the charities (Act 2011) (the 2011 act). It is my responsibility to: - examine the accounts (under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of unusual items or disclosures in the accounts and, seeking explanation 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, I do not express an audit opinion on the view given by the accounts. It is my responsibility to form an independent opinion, based on my examination, on those financial statements and to report on my opinion. ## **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 in accordance with section 130 of the 2011 Act; and - to prepare acounts which accord with the accounting records and to comply with the accounting requirement of the 2011 Act have not been met. - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## _Signed: Flourish Global Consulting_ (A firm with Chartered Accountants & Management Consultants) Unit 9 Challenge House 616 Mitcham Road Croydon, Surrey CR0 3AA Date: 15th October 2024 **10 out of 15**