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← Redeemed Christian Church Of God Winners Way

2024-12-31-accounts

REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

CHARITY REGISTRATION NUMBER: 1120706

REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2024

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 2024

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 2024

The trustees present their report with the financial statements of the charity for the year ended 31ST DECEMBER

  1. 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. The church is organized with Trustees who meet regularly to oversee its operations. The full-time Minister leads spiritual activities, while the part-time office administrator handles daily administrative tasks. Each volunteer worker reports to someone, ensuring clear accountability and efficient management. The church values its staff by regularly recognizing their contributions through formal and informal appreciation, fostering

a supportive environment. This structure ensures smooth operations while acknowledging the vital role each

volunteer worker plays in the church’s success. The church ensure that the volunteer workers are appreciated by conducting a volunteer workers appreciation party.

In essence, the church’s structure ensures that each volunteer worker is supported, appreciated, and held accountable, creating a positive, collaborative environment that enables both the staff and the church community to thrive.

RELATED PARTY RELATIONSHIPS

RCCG-Winner’s 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 2024

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:

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.

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:

REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS WAY REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST DECEMBER 2024

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

Throughout the year, the church was actively involved in a variety of meaningful events and activities. We celebrated our Church Anniversary, honoring the milestones and growth of our congregation. Special occasions like Mother’s Day and Father’s Day allowed us to express our gratitude and appreciation for the parents in our community. The Men’s and Women’s Retreats provided opportunities for spiritual reflection and fellowship. We also came together to celebrate the Pastor’s Birthday and hosted the Women’s Conference to empower and uplift the women of our church.

Our Sunday School Day was a vibrant celebration of our children's ministry, while Youth Month allowed us to focus on the spiritual growth of our young members. Throughout the summer months, we enjoyed a series of Summer Barbecues, fostering fellowship and connection. Church family outings brought us closer together, and we joyfully celebrated Children’s Month, along with the Hallelujah Night for children, a fun-filled event for our younger members. The Pastor’s Meeting with new members helped to integrate them into our church family, and the Winterton Yearly Bible Quiz Day provided an exciting opportunity for all ages to engage in biblical learning.

As we approached the end of the year, we held a Christmas party for the children, and our Carol Evening Service filled us with joy and reflection on the true meaning of Christmas. On New Year’s Eve, we gathered in worship to thank God for His blessings and pray for the year ahead.

In addition to these events, the church made several improvements to our facilities, including the replacement of some of the air conditioning units to ensure comfort during services. The church building was re-painted, and we re-carpeted the entire facility to enhance its appearance and welcoming atmosphere.

REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS WAY

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST DECEMBER 2024

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 ...... 21t of March, 2025….and signed

PASTOR SAMUEL OLADELE BAKARE on behalf of the trust.

Trustee

21st of March, 2025

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY

FOR THE YEAR ENDED 31ST DECEMBER 2024

The report on the accounts for the year ended 31 December 2024 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:

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:

(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: 21st of March, 2025.

REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) YEAR ENDED 31 DECEMBER 2024

Notes
INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
General Donations
2
Other income
3
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Cost of Generating Funds
Charitable activities
4
Governance
5
TOTAL RESOURCES EXPENDED
Net income/(outgoing) resources
Total funds brought forward
Total funds carried forward		 Un-restricted
funds
2024
£
312,037
35,931.27		 Restricted
Funds
2024
£
-
-
-
-
-
-
-
-
-
-		 Total Funds
2024
£
312,037
-
312,037
200,670
12,770
83,731
297,171
50,798
448,772
499,570		 Total Funds
2023
£
266,018
31,769
347,969 297,787
200,670
12,770
83,731		 167,502
11,990
84,916
297,171 264,408
50,798
448,772		 33,379
415,393
499,570 448,772

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.

REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY BALANCE SHEET AS AT 31 DECEMBER 2024

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		 2024
Total
£
805,941
38,447
38,447
(9,629)
834,759
(335,189)
499,570
499,570
-
499,570		 2023
Total
£
805,941
16,956
16,956
(3,149)
819,749
(370,976)
448,773
448,773
-
448,773

PASTOR SAMUEL OLADELE BAKARE on behalf of the trust. Trustee 21st of March, 2025

REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

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 WAY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

Note 2. Incoming Resources - General Donations

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
Other Charges
Head Office Remmitance
Telephone & Internet
Honorarium
Utilities
Rates
Subscription
Insurance
Repairs
Equipment
Travels
Professional Fees
Member's Expense
Hotels
Mortgage Interest		 Unrestricted
Funds
£
312,037		 Restricted
Funds
£
-		 2024
2023
Total
Total
Funds
Funds
£
£
312,037
266,018
312,037
266,018
2024
2023
Total
Total
Funds
Funds
£
£
-
31,769.00
-
31,769
2024
2023
Total
Total
Funds
Funds
£
£
148,709
118,469.73
1,291
4,921.61
-
-
12,770
11,989.75
1,141
1,097.46
6,028
5,720.80
8,618
12,148.69
159
159.00
-
8.99
6,163
4,939.28
9,373
14,284.92
19,208
19,837.42
15,603
7,523.28
780
963.95
15,550
18,700.00
3,051
1,201.53
26,997
24,561.42
312,037 -
Unrestricted
Funds
£
35,931		 Restricted
Funds
£
-
35,931 -
Unrestricted
Funds
£
148,709
1,291
3,950
12,770
1,141
6,028
8,618
159
6,163
9,373
19,208
15,603
780
15,550
3,051
26,997		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Rent - manse 17,300 - 17,300
17,400.00
292,741
263,928
296,691 -
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
£
-		 2024
2023
Total
Total
Funds
Funds
£
£
480
480
480
480
2024
2023
Total
Total
£
£
928,296
928,296
-
-
-
-
-
928,296
928,296
122,355
122,355
-
-
-
-
-
-
122,355
122,355
-
-
805,941
805,941
805,941
480 -
Office
Equipment
£
-
-
-
-
-
-
-
-
-
-
Note 7.
Cash at bank and in hand
Cash at bank
Note 8.
Creditors: amounts falling due within one
This is made up as follows:		 2024
£
38,447		 2023
£
16,956
38,447 16,956
year
2024
£		 2023
£
Accountancy Fees
Other creditors (Accruals)
Led Screen Accruals		 960.00
2,669.21
6,000.00		 480.00
2,668.50
-
9,629.21 3,148.50
Note 9.
Creditors: amounts falling due more than
This is made up as follows:
Mortgage Loan		 oneyear
2024
£
335,189		 2023
£
370,976
335,189 370,976
Note 10.
Movement in funds
Unrestricted funds
Charity's fund
Note 10.1 Analysis of net assets by fund
Cash at bank and in hand
Other net assets (liabilities)		 Opening
balance
£
-
-
Unrestricted
Funds
£
38,447
38,447		 Incoming
resources
£
312,037		 Resources
expended
£
(297,171)
(297,171)
2024
2023
Total
Total
Funds
Funds
£
£
38,447
16,956
-
38,447
16,956
312,037
Restricted
Funds
£
-
-
-

Note 11. TRUSTEES REMUNERATION

The Trustees did not receive any emoluments and no out of pocket expenses were paid during the year (2023: £nil)

Note 12. 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 13. Control

The ultimate controlling parties are the trustees’ as stated on page 2.