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2024-09-30-accounts

REDEEMED CHRISTIAN CHURCH OF GOD TRUE VINE CENTRE

Trustees' Report For The Year Ended 30th September 2024

The Trustees present their report together with the accounts for the year ended 30th September 2024. The accounts have been prepared in accordance with the Statement of Recommended Practice 2005 and other applicable laws.

Structure, Governance and Management

The charity is constituted under a Trust Deed with registered charity number 1122861.

a) Method of Appointment or Election of Trustees

The management of the church is the responsibility of the Trustees who are elected and coopted under the terms of the Trust Deed.

b) Policies Adopted for the Induction and Training of Trustees

The induction process for any newly appointed member of the trustees comprises an initial meeting with other Chair and other Trustees, followed by a series of short meetings with the Minister in Charge on the powers and responsibilities of the Trustees.

c) Organisational Structure and Decision Making

The Charity is organised so that the Trustees meet regularly to manage its affairs There is an administrator/account personnel that handle the daily affairs of the charity.

d) Risk Management

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate our exposure to the major risks.

Redeemed Christian Church of God True Vine Centre

Obiectives and Activities

a) Policies and Objectives

The objectives of the church are to advance the Christian religion for the public benefit in accordance with the doctrines of our Lord Jesus Christ, through the holding of prayer meetings, lectures, evangelism, distributing of literature and tracts, broadcasting and such charitable means as the trustees consider appropriate; and the relief of poverty.

b) Strategies for Achieving Objectives

The Charity has adopted the following strategies for achieving the above objectives: Organising seminars and events with proven speakers and ministers of the faith to guide members in the various aspects of the Christian faith; and support for other charities and Christian events.

c) Activities for Achieving Objectives

Community outreach events. Provision of welfare support to members. Provision of support to other charities. Conferences and Events.

d) Grant making Policies

In line with the object of the charity, to relief poverty and the advancement of Christian religion worldwide. The charity has a policy of supporting missionary organisations such as the Festival of Life, World Evangelism Mission and other charities and members of the congregation who are in need, (this is at the discretion of the trustees).

e) Volunteers

The charity is grateful for the good efforts of its volunteers who are involved in service provision. The charity has a volunteer coordinator to ensure that best value is derived from the sterling efforts of our volunteers.

Redeemed Christian Church of God True Vine Centre

Achievements and Performance

a) Review of Activities

The charity is consolidating the gains of previous development and has successfully ministered to the needs of various social groups within and outside the church. The charity provides forum for manpower development for its members to be equipped, educationally, socially and spiritually. It offers various counselling sessions to the needy, unemployed, and educational and makes referral whenever the need arises.

The charity provides counselling services to members of the community. We have also embarked on various training programmes to equip more church volunteers with the relevant counselling skills that will help them serve the community better. We continue to support and encourage young people by providing a Youth Church where teenagers meet on Sunday afternoon under a caring, supportive and encouraging atmosphere.

The charity still continues to fulfil its main objectives, by creating facilities to help develop the whole man, spiritually, mentally and physically. We have invested time, energy and money into activities and programmes that has helped prevent youth crimes, depressions in people, child abuse and such social vices that are eating deep into our society.

Financial Review

a) Reserves Policy

The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure. At this level, the trustees feel that they would be able to continue the current activities of the church in the event of a significant drop in funding.

b) Principal Funding

This is provided mainly through voluntary offerings and tithes by church members and through gift aid scheme. Pledges are also taken for specific projects.

Redeemed Christian Church of God True Vine Centre

Plans for the Future

a) Future Developments

The charity aims as part of fulfilling its main objectives, to continue to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in society.

Statement of Trustees' Responsibilities

The Trustees are responsible for preparing the Annual report and Financial statements in accordance with applicable law and regulations.

Company law requires the Trustees to prepare financial statements for each financial year. Under the law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the trustees are requested to:

Redeemed Christian Church of God True Vine Centre

The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the General Directions given by the Charity Commission. 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.

Approval

This report was approved by the board of trustees on 4th August 2025 and signed on its behalf by:

Name: Dr David Abiodun Richard

Dr David Abiodun Richard

Date: 4th August 2025

REDEEMED CHRISTIAN CHURCH OF GOD

TRUE VINE CENTRE

Statement Of Financial Activities For The Year Ended 30th September 2024

Notes
Unrestricted
Fund
Incoming Resources
£
Voluntary Sources - tithes, offerings,
4
71,729
donations, thanksgiving, etc
Gift Aid Reclaim
0
Miscellaneous receipt -
other income
26,393
Total incoming resources
98,122
Resources Expended
Cost of generating funds
5
in furtherance of the charity's objectives
Management & Administration of Chari
6
Total resources expended
Net incoming resources / (outgoing) resources
Other recognised gains and losses
Net movement in funds for the year -
Net income/(expenditure) for the year
Total funds brought forward- 1/10/2023
Amount b/f
Total Funds Carried Forward At 30th September 2024
Restricted
Fund
£
-
-
-
Total
2024
£
71,729
0
26,393
98,122
52,761
56,510
109,271
(11,149)
0
(11,149)
17,050
0
5,901
Total
2023
£
85,749
0
-
85,749
74,298
55,450
129,748
(43,999)
0
(43,999)
61,049
-
17,050

REDEEMED CHRISTIAN CHURCH OF GOD TRUE VINE CENTRE

Accountants / Independent Examiner's Report For The Year Ended 30th September 2024

We 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 our responsibilities to:

Basis of independent examiner's report

Our 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 our responsibilities 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 our examination, no matter has come to our attention:

Signed:

Flourish Global Consulting

(A firm with Chartered Accountants & Management Consultants) Unit 9 Challenge House 616 Mitcham Road Croydon CR0 3AA

Date: 4th August 2025