Charity number: 1126130 ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND TRUSTEES' REPORT AND ACCOUNTS For the year ended 31 March 2021 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Contents Page For the year ended 31 March 2021 |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 11| |Detailed Statement of Financial Activities|12| Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Report of the Trustees ## For the year ended 31 March 2021 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** The Charity's objectives are the advancement of the Christian religion and the relief of poverty worldwide. These objectives are charitable and operate for the public benefit. The charity pursues these objectives by operating a centre for Christian worship at it's premises in Tilbury, Essex. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **Social investments** Church Social Responsibility and Community Action are two units within Fruitful Land that focus purely on helping the disadvantaged and less privileged within its local community and overseas. The Church partners with Thurrock Food Bank which is dedicated to helping local people in crisis. ## **Volunteers** The charity has many volunteers that assist the Church in achieving its objectives. ## **ACHIEVEMENTS AND PERFORMANCE** Partnering with other charities to run charitable activities, the Church continues to impact lives across the globe. The Charity continues to provide invaluable financial and administrative support to The Festival of Life prayer event held biannually, the World Evangelical Mission (WEM) and other charities (locally, nationally and internationally) that operate within its objects. Our Diversity day is full of activities to bridge the gap within every ethnic group. During the COVID-19 pandemic, 59 families within the community were provided with food and funds to meet their immediate needs. Fruitfulland Tilbury also partnered with the Love Your Neighbour (LYN) initiative and provided 1000 food hampers which were distributed to the members of the community to alleviate food poverty. ## **Significant activities** RCCG Fruitful Land continues to Impact lives across the globe. The charity runs various welfare services to the homeless, elderly and those who are at a disadvantage within the community. The charity works well with Thurrock Mental Health services to provide awareness on mental health issues to the community. We run several training and awareness programmes in the community, creating awareness about wellbeing, debt management (CAP), Domestic Abuse as well as Keeping Fit. During the Operation Christmas Project; the Mayor of Thurrock, local councillors and members of the community were present. Christmas hampers and gifts were presented to adults and kids respectively within the community. The charity organised various youth activities and worked well with other youth groups within the Borough. ## **FINANCIAL REVIEW** The charity reported a total income of £151,303 (2020: £262,955) and a net surplus of £3,787 (2020: £79,865) in the year to 31 March 2021, accumulated funds were £101,649 (2020: 97,862). ## **Reserves** Trustees have assessed the major risks to which the Charity is exposed, in particular those relating to the specific operational areas of the Charity and its finances. The Trustees believe that by monitoring reserve levels and by ensuring controls exist over key financial systems and examining the operational risks faced by the Charity, they have established effective systems to mitigate those risks. ## **Going concern** At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts. 1 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Report of the Trustees Continued For the year ended 31 March 2021 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. RCCG Fruitfulland is a registered charity in England and Wales. Decisions are determined by a simple majority vote by the Trustees who set the strategic direction of the Charity. Delegated authority is given to the Pastoral Board and Management Team for the day to day running of the operations of the Charity. ## **Recruitment and appointment of trustees** Trustees are selected on the basis of the contribution that they will make to the governance of the organisation and the skills that they will contribute. They are provided with copies of the Charity Commission's Guidance to Trustees and are also provided with training as and when required. Fruitfulland is a parish of the Redeemed Christian Church of God - a network comprised of churches all over the world. There is an Agreement for Common Purposes entered into by Fruitfulland with the Redeemed Christian Church of God which documents this relationship. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND **Charity registration number** 1126130 **Principal address** THE ANCHOR CIVIC SQUARE TILBURY RM18 8AD ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Paul Babatunde Ogedengbe Oluwole Obafemi Ogunleye Okiroro Scott Odeje Morakinyo Akinseli Caroline Adjerebe **Independent examiner** Tolu Obisesan New Bond Accountants 4a - 6a Hythe Street Dartford DA1 1BX Approved by the Board of Trustees and signed on its behalf by ............................................................................. 26 January 2022 Morakinyo Akinseli 2 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Independent Examiners Report to the Trustees ## For the year ended 31 March 2021 I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Tolu Obisesan New Bond Accountants 4a - 6a Hythe Street Dartford DA1 1BX 26 January 2022 3 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Statement of Financial Activities ## For the year ended 31 March 2021 |**Notes**
**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
**Income and endowments from:**
Donations and legacies
9,483
141,780
2
Investments
-
40
3
**Total**
**9,483**
**141,820**
**Expenditure on:**
Charitable activities
)
(147,516
-
4/5
**Total**
**-**
**)**
**(147,516**
**9,483**
**)**
**(5,696**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
35,462
62,400
**Total funds carried forward**
**56,704**
**44,945**|**2021**
**£**
151,263
40
**151,303**
)
(147,516
**)**
**(147,516**
**3,787**
97,862
**101,649**|**2020**
**£**
262,740
215
**262,955**
)
(183,090
**)**
**(183,090**
**79,865**
17,997
**97,862**| |---|---|---| 4 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Statement of Financial Position As at 31 March 2021 |**Notes**
**Fixed assets**
Tangible assets
11
**Current assets**
12
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
13
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
14
Unrestricted income funds
14
**Total funds**|**£**
**2021**
-
**-**
79,100
31,781
**110,881**
)
(9,232
**101,649**
**101,649**
**101,649**
44,945
56,704
**101,649**||**£**
**2020**
3,879
**3,879**
79,100
18,463
**97,563**
)
(3,580
**93,983**
**97,862**
**97,862**
35,462
62,400
**97,862**| |---|---|---|---| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Morakinyo Akinseli Trustee 26 January 2022 5 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Notes to the Financial Statements For the year ended 31 March 2021 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts. ## **Statement of cash flows** The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small. ## **Funds** Fund is mainly through voluntary donations of tithes and offerings by the church members and the government gift aid scheme. ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure. ## **Charitable activites** Charitable activities are those costs relating to activities carried out to meet the objectives of the charity and include directly attributed costs as well as support costs. ## **Allocation and appointment of costs** Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and Machinery 20% per annum on cost Motor Vehicles 20% per annum on cost Fixtures and Fittings 20% per annum on cost 6 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Notes to the Financial Statements Continued For the year ended 31 March 2021 ## **2. Income from donations and legacies** |**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
Donations received
9,483
130,531
Grants received
-
11,249
**9,483**
**141,780**
**Analysis of grants received**
Church Revitalisation Trust (CRT)
**3. Investment income**
**Unrestricted funds**
Bank interest receivable
**4. Costs of charitable activities by fund type**
**Unrestricted funds**
Charitable activities
Support costs
**5. Costs of charitable activities by activity type**
**Support costs**
**Activities**
**undertaken**
**directly**
**£**
**£**
**Support costs**
Charitable activities
40,977
106,539|**2021**
**£**
140,014
11,249
**151,263**
**2021**
**£**
11,249
**11,249**
**2021**
**£**
40
**40**
**2021**
**£**
106,539
40,977
**147,516**
**2021**
**£**
147,516|**2020**
**£**
262,740
-
**262,740**
-
**-**
**2020**
**£**
215
**215**
**2020**
**£**
140,598
42,492
**183,090**
**2020**
**£**
183,090| |---|---|---| 7 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Notes to the Financial Statements Continued ## For the year ended 31 March 2021 ## **6. Analysis of support costs** |**Charitable activities**
Management
Governance costs
**et income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees
Staff pension contributions
**taff costs and emoluments**
Total staff costs for the year ended 31 March 2021 were:
Salaries and wages
Pension costs
Employees|**2021**
**£**
35,551
5,426
**40,977**
**2021**
**£**
3,879
5,426
4,087
**2021**
**£**
8,653
4,087
**12,740**
**2021**
1
**1**|**2020**
**£**
38,484
4,008
**42,492**
**2020**
**£**
4,280
3,710
3,893
**2020**
**£**
10,227
3,893
**14,120**
**2020**
1
**1**| |---|---|---| ## **7. Net income/(expenditure) for the year** ## **8. Staff costs and emoluments** 8 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Notes to the Financial Statements Continued For the year ended 31 March 2021 ## **10. Comparative for the Statement of Financial Activities** |**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
**Income and endowments from:**
Donations and legacies
35,462
227,278
Investments
-
215
**Total**
**35,462**
**227,493**
**Expenditure on:**
Charitable activities
)
(183,090
-
**Total**
**-**
**)**
**(183,090**
**35,462**
**44,403**
**Net income**
**Reconciliation of funds**
Total funds brought forward
-
17,997
**Total funds carried forward**
**62,400**
**35,462**|**2020**
**£**
262,740
215
**262,955**
)
(183,090
**)**
**(183,090**
**79,865**
17,997
**97,862**| |---|---| ## **11. Tangible fixed assets** |**Fixtures and**
**Fittings**
**Motor**
**Vehicles**
**Plant and**
**Machinery**
**Cost or valuation**
**£**
**£**
**£**
61,186
19,398
39,627
At 01 April 2020
At 31 March 2021
**39,627**
**19,398**
**61,186**
**Depreciation**
61,186
15,519
39,627
At 01 April 2020
Charge for year
-
3,879
-
**61,186**
**19,398**
**39,627**
At 31 March 2021
**Net book values**
At 31 March 2021
At 31 March 2020
**-**
**-**
**-**
**3,879**
**-**
**-**|**Total**
**£**
120,211
**120,211**
116,332
3,879
**120,211**
**-**
**3,879**| |---|---| ## **12. Debtors** **Amounts due within one year:** Other debtors |**2021**
**£**
79,100
**79,100**|**2020**
**£**
79,100
**79,100**| |---|---| 9 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Notes to the Financial Statements Continued ## For the year ended 31 March 2021 ## **13. Creditors: amounts falling due within one year** |Accruals and deferred income|**2021**
**£**
9,232
**9,232**|**2020**
**£**
3,580
**3,580**| |---|---|---| ## **14. Movement in funds** ## **Unrestricted Funds** |**Balance at**
**01/04/2020**
**r**
**£**
_General_
62,400
Unrestricted
**62,400**
**Unrestricted Funds - Previous year**
**Balance at**
**01/04/2019**
**r**
**£**
_General_
17,997
Unrestricted
**17,997**|**Incoming**
**esources**
**r**
**£**
141,820
**141,820**
**Incoming**
**esources**
**r**
**£**
227,493
**227,493**|**Outgoing**
**esources**
**Balance at**
**31/03/2021**
**£**
**£**
)
(147,516
56,704
**)**
**(147,516**
**56,704**
**Outgoing**
**esources**
**Balance at**
**31/03/2020**
**£**
**£**
)
(183,090
62,400
**)**
**(183,090**
**62,400**| |---|---|---| ## **Purpose of unrestricted Funds** ## Unrestricted Unrestricted funds are those funds that can be spent at the discretion of the charity trustees for any purposes of the charity ## **Restricted Funds** ||**Balance at**|**Incoming**|**Balance at**| |---|---|---|---| ||**01/04/2020**|**resources**|**31/03/2021**| ||**£**|**£**|**£**| |General - R|35,462|9,483|44,945| ||**35,462**|**9,483**|**44,945**| 10 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Notes to the Financial Statements Continued ## For the year ended 31 March 2021 ## **Restricted Funds - Previous year** ||**Balance at**|**Incoming**|**Balance at**| |---|---|---|---| ||**01/04/2019**|**resources**|**31/03/2020**| ||**£**|**£**|**£**| |General - R|-|35,462|35,462| ||**-**|**35,462**|**35,462**| ||||| ## **Purpose of restricted funds** ## General - R Restricted funds are subject to specific conditions set out by donors as to how those funds may be used. ## **15. Analysis of net assets between funds** ||**Tangible fixed**|**Net current**|**Net Assets**| |---|---|---|---| ||**assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |Unrestricted|-|56,704|56,704| |**Restricted funds**|||| |General - R|-|44,945|44,945| ||**-**|**101,649**|**101,649**| |**Previous year**|||| ||**Tangible fixed**|**Net current**|**Net Assets**| ||**assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |Unrestricted|3,879|58,521|62,400| |**Restricted funds**|||| |General - R|-|35,462|35,462| ||**3,879**|**93,983**|**97,862**| 11 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e ## REDEEMED CHRISTIAN CHURCH OF GOD - FRUITFUL LAND Detailed Statement of Financial Activities For the year ended 31 March 2021 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Tithes & Offerings
Gift Aid
Building Fund
Grants Receivable
**Investments**
Bank Interest Receivable
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Staff Costs - Wages & Salaries
Staff Costs - Pension Contributions
Central Office
Conferences And Meetings
Charitable Donations
Equipment Hire
Honorarium
Manse
Ministry Expenses
Premises Cost
Welfare
**SUPPORT COSTS**
**Management**
Depreciation - Owned Assets
Other Premises Costs
Insurance
Utilities
Legal & Professional Fees
Other Office Costs
Repairs & Maintenance
Bank Charges
**Governance costs**
Accountancy Fees
Interest Payable
**Total resources expended**
**Net Income**||**£**
**2021**
130,531
-
9,483
11,249
**151,263**
40
**40**
**151,303**
)
(8,653
)
(4,087
)
(7,850
-
)
(2,975
)
(1,799
)
(4,200
)
(16,900
)
(6,138
)
(42,166
)
(11,771
**)**
**(106,539**
)
(3,879
)
(2,687
)
(8,364
)
(4,464
)
(5,559
)
(5,579
)
(4,991
)
(28
**)**
**(35,551**
)
(5,426
-
**)**
**(5,426**
**)**
**(147,516**
**3,787**||**£**
**2020**
172,893
54,385
35,462
-
**262,740**
215
**215**| |---|---|---|---|---| |||||**262,955**
)
(10,227
)
(3,893
)
(8,550
)
(11,842
)
(4,705
)
(6,331
)
(6,650
)
(16,900
)
(13,421
)
(49,343
)
(8,736
**)**
**(140,598**
)
(4,280
)
(5,048
)
(7,935
)
(6,640
)
(4,608
)
(5,084
)
(4,889
-
**)**
**(38,484**
)
(3,710
)
(298
**)**
**(4,008**| |||||**)**
**(183,090**
**79,865**| 12 of 12 Doc ID: 8be2f8261fc2e81e8e2da253f9b95b43a3af8f5e This page does not form part of the statutory financial statements