## **REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023**
**CHARITY REGISTRATION NUMBER: 1120706**
## **REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023**
|**CONTENTS**|**PAGE**|
|---|---|
|LEGAL AND ADMINISTRATIVE INFORMATION|1|
|REPORT OF THE TRUSTEES|2- 4|
|REPORT OF THE INDEPENDENT EXAMINER|5|
|STATEMENT OF FINANCIAL ACTIVITIES|6|
|BALANCE SHEET|7|
|NOTES TO THE ACCOUNTS|8 – 11|
|INCOME AND EXPENDITURE - CHURCH|12|
|INCOME AND EXPENDITURE - NURSERY|13|
## **REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY LEGAL AND ADMINISTRATIVE INFORMATION**
**FOR THE YEAR ENDED 31ST DECEMBER 2023**
## **CHARITY REGISTRATION NUMBER: 1120706**
**Registered Office**
**Rehoboth House Brent Way Dartford DA2 6DA**
**Trustees: PASTOR SAMUEL OLADELE BAKARE DEACONESS YEMISI KOFOWOROLA DISU RAPHAEL AKANDE**
**Accountant: AACSL Accountants Limited 1st Floor North Westgate House Harlow Essex CM20 1YS**
## **REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS WAY REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
The trustees present their report with the financial statements of the charity for the year ended 31ST DECEMBER 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity Number: 1120706**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT GOVERNING DOCUMENT**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
## **RISK MANAGEMENT**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **CONSTITUTION**
The Charity is constituted under a Trust Deed dated 2007 and our Charity number is 1120706, on the central register of the Charity Commission of England and Wales.
## **INTRODUCTION**
The principal objective of the Charity is the advancement of the Christian faith worldwide and relief of poverty. Our purpose is to raise standards and influencing our society. We engage in many Community activities alongside our primary aim, which is to spread the gospel and win souls for Jesus.
## **METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES**
The management of the Charity is the responsibility of the trustees who are elected and co- opted under the terms of the Trustee Deed.
## **ORGANISATIONAL STRUCTURE AND DECISION MAKING**
The church is organised so that the Trustees meet regularly to manage its affairs. There is a full- time Minister and a part-time office administrator, who manages the day-to-day administration of the church
## **RELATED PARTY RELATIONSHIPS**
RCCG-Winners way Dartford is a member of Redeemed Christian Church of God (RCCG) which has parishes all over the world. The relationship is governed by an 'Agreement for common purposes' between the parishes and RCCG.
## **REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS WAY**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
## **OBJECTIVES AND ACTIVITIES**
## **DEVELOPMENT ACTIVITIES AND ACHIEVEMENT IN THE YEAR**
The Redeemed Christian Church of God - Winners' Way, Dartford is a charity with the primary objective of reaching out to the people about our Christian Faith with focus.
Our purpose is to advance the Christian Faith through preaching, education, weekly evangelism in this nation (United Kingdom) and the worldwide as the trustees may think necessary from time to time.
We engage in many community activities alongside our primary aim, which is to spread the gospel of our Lord and saviour Jesus Christ and win souls for Him. We do this with the aim to:
- To relieve and alleviate persons who are in conditions of need, or hardship or those who are sick, aged, disabled and to relive the distress caused thereby in our location and in such other parts of the U.K. or the world as the trustees may consider necessary.
## **Ensuring that our work deliver our aims**
We engage in regular reviews of our aims, objectives and activities each year.
This review looks at what we achieved so far and the outcomes of our work in the previous year's and at the success of each key activity and the benefits they have brought to those group of people we are set out to help. It helps us remain focused on our stated purposes as a charitable organisation.
## **THE FOCUS OF OUR WORK**
Our main objectives for the year continued to be the advancement of the Christian religion and to strive to improve the living condition of the needy.
## **The strategies we applied in meeting these objectives are:**
Provision of weekly church services through morning prayer meeting on Monday to Friday between 5:45am to 6:30am, Wednesday Bible study, Friday prayer meetings and communion service, and Sunday for celebration service.
To minister to the physical, material and spiritual needs of the members and visitors alike. Provision of the nursery school that serves the community with the early year’s education, it opens from Monday to Friday throughout the year.
Provisions of special events, meetings and training to meet the specific needs of the target groups in the church and the community, for example, elders’ group, men's group, women's group, youth group, children church, single and newly married group (More Than Diamond). Regular prayer meetings are held by the church for the members of the church, members of our community, counsellors, members of parliament, prime minister, the monarch, council leaders, our mayor, members of the police force and businesses in our community.
Focusing on the material needs of certain members undergoing difficult financial situations due to sickness, unemployment, homelessness and those falling on difficult times.
We worked with other Christian organisations, through the project ' Churches working together in Dartford’, in order to advance the preaching of the gospel. We achieved this through the:
- Provision of pastoral care for the members and visitors to the church and members of the community.
- Provision of our church hall for community projects, meetings and special events e.g., music concert and conferences.
- Provision of sleeping bags, blanket, jumpers and winters clothing to those in need during winter months.
- Provision of store vouchers and hampers to those in need.
## **REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS WAY REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
## **SIGNIFICANT ACTIVITIES**
Our main activities and who we are trying to help are described below. All our charitable activities focus on the advancement of the Christian religion and the relief of poverty.
## **How our activities deliver public benefits:**
Ministering weekly to the spiritual needs of the people through bible teaching, bible study, prayer meetings, communion service, water baptism service, pastoral counselling and evangelism. Our main focus as a church is the outreach for souls.
## **Who used and benefited from our services:**
Our church services are presented to our regular members, visitors and occasional seekers.
We minister to the physical and spiritual needs of the members in our services and give specific consideration to the seekers or new comers in our midst who may not necessarily have a church background; or may not understand the process of coming to the Christian Faith. We also help with the relief of poverty and hardship amongst both regular and non-regular members who face periods of unemployment, financial hardships, due to marriage breakdowns or the lack of financial resources.
## **Significant activities**
Our community barbecue on the last Saturday of August was again well attended by members and invited guests; it proved to be fun and interactive. The nursery remains a strong part of the community and continues to grow stronger. It continues to attract children from the wider communities in and around Dartford.
We increased the number of staff due to increased children intake and ensure that staff received continued training and professional development. We also embarked on a refurbishment program which greatly improved and enhanced our facilities. Our charges reflected our charitable status, and makes us competitive with other providers in the area.
The Winning Child Nursery is a true reflection of the diversity of our community and the nation as a whole.
Our current nursery staff are drawn from ethnicity and reflects the community. We employed qualified nursery practitioners, who promotes our uniqueness and help us to celebrate our diversity. This year, we increased the number of graduates who enter into primary education.
The trustees are pleased to report that the church continues to be spiritually successful; by ministering to the needs of many people. We have maintained our membership and continue to invite and reach out to the community. We continue to pray that the community will support us more.
The Church conducted wedding ceremonies; performed numerous naming and dedication ceremonies for babies born to our members. We held annual seminars for families, celebrated our anniversary, held business development and business-related seminars. We also tackled issues facing women, the family and the community. These were done with the assistance of our workers in the various church departments, administration and ministries. We continue to provide annual and monthly youth program, youth ministries, children ministries and we supported other ministries that needed our support. Our multimedia department ensure that all messages are uploaded on our website along with pictures of our activities and other major events.
The church celebrated its 21[st] years anniversary in 2023.
Throughout the past year, our church embraced a multitude of enriching events and initiatives, fostering community engagement and spiritual growth. From the jubilant celebration of Mother's Day and our church anniversary, coinciding on a single weekend, where we welcomed esteemed music ministers and guests with heartfelt hospitality, to the uplifting series of gatherings dubbed "The Gatherings" in April, showcasing the talents of music ministers. We extended our outreach with community-focused endeavours, such as hosting the NHS Health Check bus twice, ensuring accessibility to vital healthcare services for our neighbours.
In the vibrant tapestry of our church calendar, the summer youth event in August 2023 provided a platform for fellowship and joy, complete with barbecue delights and refreshments. The church further embraced familial bonds with a memorable trip to the seaside during the Family Fun Day, fostering cherished memories and strengthening bonds within our congregation.
October heralded a focus on empowerment and celebration with the Women's Conference and the joyous Hallelujah Day for our children. November's program, "The Winnerthorn," exemplified our commitment to spiritual growth and development. As the year drew to a close, December's festive spirit was alive with Christmas dinners, fostering warmth and camaraderie among our church community.
In addition to these transformative experiences, our church invested in enhancing our technological capabilities, upgrading computers and media equipment. Notably, we procured a state-of-the-art LED screen, a testament to our commitment to innovation and effective communication. While part of the cost has been covered, further payments will be made this year, ensuring continued progress and modernization. As the church reflects on the past year, we celebrate the diverse array of events and initiatives that have enriched our church community, embodying our shared values of fellowship, service, and spiritual growth.
## **REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS WAY**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
We remain committed to supporting the less privileged via our annual Christmas Dinner for the community in December. We also provided continuous training and seminars throughout the year. Our men and women group continue to remain very active during the course of the last financial year and alliances were made with other partner churches to foster the spreading of the gospel.
## **Future development.**
The church will continue to explore various ways of spreading the gospel of Jesus Christ in an effective manner. The charity is also looking to grow its membership and to continue to develop its members in order to make a positive impact in the society while performing its charitable activities.
We intend to plant more churches in different towns and cities in the coming year.
Approved by order of the board of trustees on ...... 19[th] March 2024….and signed
## **PASTOR SAMUEL OLADELE BAKARE** on behalf of the trust.
Trustee
19[th] March 2024
## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
The report on the accounts for the year ended 31 December 2023 set out on pages 7 to 12 of the financial statements.
## **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 preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
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 145 of the 2011 Act
- to 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 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 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 no opinion is given as to whether the accounts present a '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 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2016 Act 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.
## **AACSL Accountants Limited**
**1st Floor North**
**Westgate House**
**Harlow**
**Essex**
**CM20 1YS**
Signed: 19[th] March 2024.
|**REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY**
**STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account)**
**YEAR ENDED 31 DECEMBER 2023**
Un-restricted
funds
Restricted
Funds
Total Funds
2023
2023
2023
Notes
£
£
£
INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
General Donations
2
266,018
-
266,018
Other income
3
31,768.58
-
31,769
TOTAL INCOMING RESOURCES
297,787
-
297,787
RESOURCES EXPENDED
Cost of Generating Funds
167,502
-
167,502
Charitable activities
4
11,990
-
11,990
Governance
5
84,916
-
84,916
TOTAL RESOURCES EXPENDED
264,408
-
264,408
Net income/(outgoing) resources
33,379
-
33,379
Total funds brought forward
415,393
-
415,393
Total funds carried forward
448,773
-
448,773
All incoming resources are derived from continuing operations. The charity has no other gains or losses other
than those recognised in the Statement of Financial Activities.|Total Funds
2022
£
211,724
-|
|---|---|
||211,724|
||99,767
11,200
73,256|
||184,222|
||27,502
387,891|
||415,393|
|||
|**REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY**
**BALANCE SHEET**
**AS AT 31 DECEMBER 2023**
Notes
FIXED ASSETS
Tangible Assets
6
CURRENT ASSETS
Cash at bank and in hand
8
Current Liabilities
Creditors: amounts falling due within one year
9
Total Asset Less Current Liabilities
Current Liabilities
Creditors: amounts falling due more one year
9
NET ASSETS
FINANCED BY:
Unrestricted funds
10
Restricted Funds
10
TOTAL FUNDS
11
PASTOR SAMUEL OLADELE BAKARE on behalf of the trust.
Trustee
8th of March 2024|2023
Total
£
805,941
16,956
16,956
(3,149)
819,749
(370,976)
448,773
448,773
-
448,773|2022
Total
£
805,941
13,866|
|---|---|---|
|||13,866
(880)|
|||818,927|
|||(403,534)|
||||
|||415,393|
|||415,393
-|
|||415,393|
||||
## **REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31ST DECEMBER 2023**
## **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2016. Exemption has been taken from preparing a cash flow statement on the grounds that the charity qualifies as a small charity.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Tithes & Offerings**
Income from tithes and offerings, is included in incoming resources when these are receivable Investment Income Investment income consists of net interest received during the year and accounted for as unrestricted fund.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Charitable activities**
Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs.
## **Governance costs**
Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support cost.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
## **Freehold Property**
Fixtures and Fittings
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
|**REDEEMED CHRISTIAN CHURCH OF GOD WINNERS**
**NOTES TO THE ACCOUNTS**
**FOR THE YEAR ENDED 31 DECEMBER 2023**
Note 2.
Incoming Resources - General Donations
General Donations
Note 3.
Incoming Resources - Other Income
Other income
Note 4.
Resources Expended - Activities
Events & Other
bank charges
Cleaning costs/Laundry
Stationery
Head Office Remmitance
Telephone & Internet
Honorarium
Utilities
Rates
Subscription
Insurance
Repairs
Equipment
Software
Travels
Charity
Professional Fees
Member's Expense
Hotels
Mortgage Interest
Rent - manse|**WAY**
Unrestricted
Funds
£
266,018||Restricted
Funds
£
-|2023
2022
Total
Total
Funds
Funds
£
£
266,018
211,724
266,018
211,724
2023
2022
Total
Total
Funds
Funds
£
£
31,768.58
-
31,769
-
2023
2022
Total
Total
Funds
Funds
£
£
118,470
68,678.28
4,922
3,788.07
-
409.46
-
24.48
11,990
11,200.00
1,097
1,079.85
5,721
2,388.50
12,149
9,312.77
159
159.00
9
40.00
4,939
4,680.41
14,285
14,717.13
19,837
9,317.44
-
89.99
7,523
6,125.35
-
531.25
964
540.22
18,700
8,050.00
1,202
1,436.00
24,561
22,973.86
17,400
18,200.00
263,928
183,742|
|---|---|---|---|---|
||266,018||-||
||Unrestricted
Funds
£
31,769||Restricted
Funds
£
-||
||31,769||-||
||Unrestricted
Funds
£
118,470
4,922
11,990
1,097
5,721
12,149
159
9
4,939
14,285
19,837
7,523
964
18,700
1,202
24,561
17,400||Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-||
||263,928||-||
|Note 5.
Resources Expended – Governance
1 Accountancy
Note 6.
TANGIBLE ASSETS
Cost
Additions
Revaluation
Disposal
Total Costs
Depreciation
Balance brought forward
Charge for the year
Disposal
Transfers
Balance carried forward
Net book value
At 31 December 2019
At 31 December 2018|Unrestricted
Funds
£
480||Restricted
Funds
£
-|2023
2022
Total
Total
Funds
Funds
£
£
480
480
480
480
2023
2022
Total
Total
£
£
928,296
-
-
-
-
-
928,296
-
122,355
-
-
-
-
-
-
122,355
-
-
-
805,941
805,941
-|
||480||-||
||||Office
Equipment
£
-
-
-
-||
||||-||
||||-
-||
||||-||
||||||
||||-||
||||||
||||-||
||||||
||||||
|||||
|---|---|---|---|
|Note 8.
Cash at bank and in hand
Cash at bank
Note 9.
Creditors: amounts falling due within one
This is made up as follows:
Accountancy Fees|2023
£
16,956
16,956
year
2023
£
480.00|2022
£
13,866||
|||13,866||
|||2022
£
880.00||
|Other creditors (Accruals)|**2,668.50**|-||
|Note 10.
Creditors: amounts falling due more than
This is made up as follows:|3,148.50
one year
2023
£|880.00||
|||2022
£||
|Mortgage Loan|**370,976**|403,534||
|370,976
403,534
Note 11.
Movement in funds
Opening
Incoming
Resources
balance
resources
expended
£
£
£
Unrestricted funds
Charity's fund
-
266,018
(264,408)
-
266,018
(264,408)
Note 11.1 Analysis of net assets by fund
2023
2022
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
Cash at bank and in hand
16,956
-
16,956
13,866
Other net assets (liabilities)
-
-
401,527
16,956
-
16,956
415,393
Note 12.
TRUSTEES REMUNERATION
The Trustees did not receive any emoluments and no out of pocket expenses were paid during the
year (2023: £nil)
Note 13.
As a company, REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY is exempt from tax on
income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of
Chargeable Gains Act 1992 to the extent that these are applied to its objects. No tax charges have
arisen in the Company.
Note 14.
Control
The ultimate controlling parties are the trustees’ as stated on page 2.|370,976|403,534||
|||Incoming
resources
£
266,018||
|||266,018||
|||Restricted
Funds
£
-
-||
|||-||