**Charity no 1106286** # **REDEEMED CHRISTIAN CHURCH OF GOD Kingdom Life Assembly Doncaster** ## **Management Accounts** **From 1st January 2020 to 31st December 2020** **Prepared by DTT Consultancy Ltd** ## **REDEEMED CHRISTIAN CHURCH OF GOD Kingdom Life Assembly Doncaster** ## **Administrative Information** **Financial Statement for 1st January to 31st December 2020 Registered Charity Number:** 1106286 **Trustees:** John Babajide Pastor Adejumobi Sowole Folakemi Iroju Akanbi **Registered Office: RCCG Kingdom Life assembly** 27, Shotton Walk Doncaster. South Yorkshire. DN4 8GD **Bankers: HSBC Bank** 1 High Street Doncaster, South Yorkshire. DN1 1EE **Independent Examiner:** DTT Consultancy Ltd 36 Daffodil Close Hatfield Herts AL10 9FF ## **REDEEMED CHRISTIAN CHURCH OF GOD Kingdom Life Assembly Doncaster** ## **REPORT OF THE TRUSTEES FOR 1ST JANUARY TO 31ST DECEMBER 2020** ## **Introduction** It is with great pleasure that we present our Annual report and financial statements for the year ended 31[st ] December, 2020. The financial statement has been prepared in accordance with the provisions of the Statement of Recommended Practice [SORP] Accounting and Reporting by Charities issued in March 2005. ## **Structure, Governance and Management** Kingdom-life Assembly, Doncaster is a parish of the Redeemed Christian Church of God – a worldwide mission with parishes in 170 countries of the World. RCCG, Kingdom life Assembly as a charity is governed by two documents namely a Deed of Trust and Agreement of Common Purpose which regulates her conduct with the central body. The trustees set and monitor the fundamental goals of the Charity but delegate authority to the Pastor and the management team to carry out the day to day operations. ## **Objectives and Activities of the Charity** The main objectives of the charity are: 1. The advancement of the Christian religion 2. Elimination of poverty by social and economic inclusiveness In furtherance of the above objectives, the activities of the charity are classified under the following themes: [a] Christian worship; [b] Provide Bible based teachings and counselling to members and the public [c] Teaching the value of prayer and praying for the neighbourhood, city and nations of the world particularly the United Kingdom. [d] Play active roles in social action that impacts the community. Offer complimentary educational provision to children and young adults in the community and city at large. [e] Forster unity and love among people of different race and nationalities. ## **Developments, Activities and Achievements in the Year** The Trustees are pleased to report that the Charity has been making steady progress in all spheres of its operation. This year was a challenging year for the chuch due the COVID 10 pandemic. The church had to move to online service via zoom. We couldnt do much of community involment in order to minimise the risk of infection. We also did our weekly activities online and we were able to get more members to attend. We will be hoping in the new year that things will get better. ## **Risk Management** The trustees are quite satisfied with the management of the finances to fulfil the charity objectives despite the unpredictable nature of our income. ## **Future Developments** The Trustees holds the opinion that efforts should be made to improve the aesthetic and the ambiance of the church building when it is viable financially to make it more user friendly and warm for all her users. Secondly, there is a strong need to work on the capacity building by increasing her team of volunteers in order to accommodate and service more people. It is also the resolve of the charity to make better contribution to mission work in the coming year while we continue to pursue our church planting drive with increased vigour. Thank you, Board of Trustees RCCG[KLA] Doncaster Page 1 ## **Independent Examiner's Report to the Trustees of REDEEMED CHRISTIAN CHURCH OF GOD Kingdom Life Assembly Doncaster For the year ended 31 December 2020** I report on the accounts for the year ended 31 December 2020 set out on pages four to nine. Respective responsibilities of trustees and examiner The charity's trustees (who are also the directors for the purposes of company law) are responsible for the prepa the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is required. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of FCCA. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under Section 43 of the 1993 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act); and - to state whether particular matters have come to my attention. ## **Basis of the 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 charity and a comparison of the accounts pr with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seekin explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all th evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts pre 'true and fair view ' and the report is limited to those matters set out in the statements 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 in accordance with Section 386 and 387 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Tunji Ogedengbe 36 Daffodil Close Hatfield Herts AL10 9FF Date: 18th October 2021 Iration ol 'esenled ie sent a |**RCCG**|**Kingdom Life Assembly Doncaster**|**Kingdom Life Assembly Doncaster**|**Kingdom Life Assembly Doncaster**||**1106286**|| |---|---|---|---|---|---|---| ||Annualaccountsforthe period|||||| ||Period start date|**01/01/2020**|**To**|Period end
date|**31/12/2020**|| |||||||| |**Section A**|**Statement of financial activities**|||||| |**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Gift aid received
S02
Insurance Received
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05
S06
**Resources expended (Notes 4-8)**
Grants
S09
**Costs of generating**
**voluntary income**
S10
**Charitable Activities**
S11
**Management and**
**administration**
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total resources expended_**
**_Total incoming resources_**
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Prior Year Adjustment
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||-|-|-|-|-| |||39,237|-|-|39,237|38,707| |||-|-|-|-|10,517| |||11,015|-|-|11,015|-| |||-|-|-|-|-| |||-|-|-|-|-| |||50,253|-|-|50,253|49,224| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||58,323|-|-|58,323|47,713| |||2,225|-|-|2,225|1,186| |||250|-|-|250|500| |||60,798|-|-|60,798|49,399| |||10,546
-|-|-|10,546
-|175
-| |||-|-|-|-|-| |||10,546
-|-|-|10,546
-|175
-| |||||||| |||-|-|-|-|-| ||||-|-|-|| |||10,546
-|-|-|10,546
-|175
-| |||77,384|-|-|77,384|77,559| |||66,838|-|-|66,838|77,384| Page 2 ## **Section B Balance sheet AS AT 31 December 2020** ## **Restricted** |**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 13)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 14)**
**Endowment funds(Note 15)**
**_Total funds_**
Signed by|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09

B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---|---| |||68,470|-|-|68,470|68,470| |||-|-|-|-|-| |||-|-|-|-|-| |||68,470|-|-|68,470|68,470| |||||||| |||-|-|-|-|-| |||7,881|-|-|7,881|7,881| ||||-|-|-|| |||3,043|-|-|3,043|1,283| |||10,924|-|-|10,924|9,164| |||||||| |||12,556|-|-|12,556|250| |||||||| |||- 1,632|-|-|- 1,632|8,914| |||||||| |||66,838|-|**-**|66,838|77,384| |||||||| ||||-|-|-|| |||-|-|-|-|-| |||||||| |||66,838|-|-|66,838|77,384| |||||||| |||66,838|||66,838|77,384| ||||||-|| ||||-||-|| |||||-|-|| |||||||| |||66,838|-|-|66,838|77,384| |||||||| |||Date of
approval
Print Name
Signature||||| |||||John Babajide||18/10/2021| |||||||| Page 3 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE); - and with the Charities Act 1993. [** except for the following]. ## _**Give details in this box if a different standard has been followed.**_ - -Tick as appropriate: - if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”; - if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick - “Financial Reporting Standards for Smaller Enterprises (FRSSE)”. ** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes. ## **1.2 Change in basis of accounting** There has been no change to the accounting policies Page 4 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ ## **INCOMING RESOURCES** |**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:| |---|---| |**resources**| the charity becomes entitled to the resources;| || the trustees are virtually certain they will receive the resources; and| || the monetary value can be measured with sufficient reliability.| |**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)| |**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.| |**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional| ||entitlement to the resources.| |**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to| |**and gifts**|which they relate.| |**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.| |**performance related grants**|| |**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.| ||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or| ||distributed by the charity.| ||Gifts in kind for use by the charity are included in the SoFA as incoming resources when| ||receivable.| |**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources| |**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and| ||material_._The value placed on these resources is the estimated value to the charity of the| ||service or facility received.| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.| |**Investment income**|This is included in the accounts when receivable.| |**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from| ||revaluing investments to market value at the end of the year.| |**EXPENDITURE AND**|**LIABILITIES**| |**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the| ||charity to pay out resources.| |**Governance costs**|Include costs of the preparation and examination of statutory accounts, the costs of trustee| ||meetings and cost of any legal advice to trustees on governance or constitutional matters.| |**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service| |**conditions**|or output to be provided, such grants are only recognised in the SoFA once the recipient of the| ||grant has provided the specified service or output.| |**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are| |**performance conditions**|no conditions to be met relating to the grant which remain in the control of the charity.| |**Support Costs**|Support costs include central functions and have been allocated to activity cost categories on a| ||basis consistent with the use of resources, eg allocating property costs by floor areas, or per| ||capita, staff costs by the time spent and other costs by their usage.| |**ASSETS**|| |**Tangible fixed assets for use**|
These are capitalised if they can be used for more than one year, and cost at least £500. They| |**by charity**|are valued at cost or a reasonable value on receipt.| |**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year| ||end. Other investment assets are included at trustees' best estimate of market value.| |**Stocks and work in progress**|These are valued at the lower of cost or market value.| Page 5 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of incoming resources** ## _**Incoming resources may be further analysed if this would help the reader of the accounts.**_ |**Insurance received**
**Investment income**
**Incoming resources from**
**charitable activities**
**Voluntary income**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||Tithes & Offering|39,237|38,707| ||Gift aid received|-|10,517| ||||| ||||| ||**Total**|39,237|49,224| ||||| |||11,015|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|11,015|-| ||||| ||Interest||-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| Page 6 **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of resources expended** ## **Resources expended may be further analysed if this would help the reader of the accounts.** |**Cost of Charitable**
**Activities**
**Costs of generating**
**voluntary income**
**Management &**
**administration:**
**Fundraising trading**
**costs**
**Investment**
**management costs**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||Staff costs|32,000|28,000| ||Rent andRates|-|3,019| ||Utilities|2,187|2,310| ||Transportation Expenses|776|1,098| ||Telephone|482|963| ||Office Equipment|725|250| ||PropertyRepairs & Maintenance|15,085|7,200| ||Hospitality|632|-| ||Insurance|2,505|2,338| ||Honourarium|-|100| ||Admin/Office Expense|839|1,119| ||Training& Conference|666|527| ||New Parish|1,208|-| ||Motor Expenses|920|546| ||Other|300|244| ||**Total**|58,323|47,713| ||||| |||-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||WorldEvangelism Mission|-|-| ||FOL|-|200| ||Offering to other RCCG parishes/centraloffice|-|-| ||Homemissionand otherChurchsocieties|500|230| ||Donation& Gifts|1,725|756| ||**Total**|2,225|1,186| ||||| ||IndependentExamination|250|500| ||BankCharges &Interest||| ||Legaland professional fees|-|-| ||**Total**|250|500| Page 7 **Section C Notes to the accounts (cont)** ## **Note 5 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ |**_support costs._**||||| |---|---|---|---|---| |**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| |**Total**|-|-|-|-| ## **Note 6 Details of certain items of expenditure** ## **6.1 Trustee expenses** _**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_ **Number of trustees who were paid expenses Nature of the expenses** **Total amount paid** |**This year**|**Last year**| |---|---| ||| ||| |**£**|**£**| ## **6.2 Fees for examination or audit of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_ |**Other fees (for example: advice, consultancy, accountancy**
**services) paid to the independent examiner or auditor**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||250|250| |||| Page 8 **Section C Notes to the accounts (cont)** ## **Note 9 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ ## **9.1 Cost or valuation** |**9.1 Cost or valuation**||||||| |---|---|---|---|---|---|---| |Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried
forward|**Mortgage**
**building**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**| ||68,470|-|-||-|68,470| ||-|-||-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||68,470|-|-|-|-|68,470| ## **9.2 Accumulated depreciation and impairment provisions** |****Basis**
**** Rate**
Balance brought
forward
Depreciation charge
for year
Impairment provisions
Revaluations
Disposals
Transfers*
Balance carried
forward
Brought forward
Carried forward
**9.3 Net book value**|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB| |---|---|---|---|---|---|---| |||||||| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |||||||| ||68,470|-|-|-|-|68,470| ||68,470|-|-|-|-|68,470| ## **9.4 Revaluation** ## _**If any fixed assets have been revalued please give details of the valuer and method of valuation**_ > _* The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ Page 9 ## **Section C Notes to the accounts (cont)** ## **Note 11 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Analysis of debtors**
**Gift Aid**
**Amounts due from subsidiary and associated**
**undertakings**
**Other debtors**
**Prepayments and accrued income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||6,500|6,500|-|-| ||-|-|-|-| ||1,381|1,381|-|-| ||-|-|-|-| ||7,881|7,881|-|-| ## **Note 12 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ **12.1 Analysis of creditors** |**12.1 Analysis of creditors**||||| |---|---|---|---|---| |**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated**
**undertakings**
**Mortgage loan**
**Accruals and deferred income**
**Total**|**Amounts falling due**
**within oneyear**||**Amounts falling due after**
**more than oneyear**|| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||12,306|-|-|-| |||||| ||-|-|-|-| |||||| ||250|250||-| ||12,556|250|-|-| ## **12.2 Security over assets** _**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_ Page 10