THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) CITY OF PRAISE Charity Reg. No 1127435 TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE, 2022 RCCG-City Ofpra￿e. Manchester." R¢poTtsfvr theyeor ended30th June 2033 THE REDEEMED CHRtsriAN CHURCH OF GOD (RCCG) crry OF PRAISE CONTEPtrs Page Reference and Administrative Details of the Charity Trustees, Report 4-6 Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-12 RCCG-City ofProise. Manch￿r.. Reportsfvr theyearended 30June, 2022 THE REDEEMED CHRtsrtAN CHURCH OF GOD IRCCG) CITY OF PRAISE REFERENCEANDADMINISTRATIVEDETAILS OFTHECHARirY, Irs TRUSTEES ANDADVISERS FOR THE YEAR ENDING 30JUN4 2022 GENERAL OVERSEER Trustees Pastor Rufus Aizeboje Pastor Oladipo L•wal Pastor Adebayo Olablsl Charity Registration Number 1127435 Prlnclpal Office St Paul's Peel Communlty Hall Manchester Road West Uttle Hulton Manchester Icorrespondences to: 20 Wallbrook Crescen¢ Uttje Hulton, Manchester, M38 9EEI. Pastor In ¢horqe Independent Examiner Akintayo Ojo FCCA 46 Hollywood Way Erith, DA8 2QE Bankers NATWEST Bank 8ARCLAYS Bank 121 Market Street Farnworth l Market 5treeL Bolton L48EY. BLI IBU. RCCG-City of Praise, Monchester Reportsfor theyear ended 30th June 2022 THE REDEEMED CHRISllAN CHURCH OF GOD (RCCG) CTfY OF PRAISE TRUSTEES'REPORTFOR 7HE YEARENDED30JUNE2022 The Trustees submit their annual report and the ￿nanCial Ststements of the Redeemed Christian Church Of God IRCCG) CITY OF PRAISE (The charttyl for the Year ended 30 June 2022. The Trustees confirm that the Annual Report and the Finandal Statements of the Charity comply with the current statutory requirements of the CharitVs governing documents and the provlsions of the Ststement of Recommended Prartice1SORP} "Accounting and Reportin8 by Charitie< issued in March 2(KJ5 The charlty also trades under the name CITY OF PRAISE srATUS: The Charity was constttuted under a Trust Deed dated ISI July 2(M)8 and is re815tered in England and Wales wlth Charlty number 1127435. APPOINTMENT OR ELECTION OF TRUSTEE5: Trustees are elected and or appointed under the tems of the Trust Deed. pouaES ADOPTED FOR THE INDucfioN AND TRAINING OF NEW TRUSTEES: The Sndurtion proce for a newly appolnted member of the 8oard of Trustees comprlses an Inltlal meeting wrth the Chair and other Trustees, followed by short meetings with the Pastor In charge on the powers and respon5ibilltles of the Trustees. ORGANISATIONAL STRucfvRE AND DEasM)N MAKING: The Charfty Is or8anised so that the Trustees meet regularly to manage its affalrs. The Parish pastor manages the day to dav admlnlstration of the Charity- REIATED PARTY RELATIONSHIPS: RCCG fCITYOFPR4ISE) Is a Parfsh of the Redeemed Chrfstlan Church of God (which has parishes all overthe world). The parlsh's relationship with other parlshes Is governed by an "A8reement of Common Purposes" POST COVID-19 RECOVERY: The Trustees are delighted to see a rdpid recovery from the consequen￿5 of COVID-19 pandemlc. Thls has reflerted in both physlcal attendance at seThices as well as donations. Despite ￿tUrn to nornial physical serlices, the Churth ha5 continued to improve on its onllne broadcasts. OWECTS AND ACTNMES.. The principal objectls the advancement of the Christian falth worldwlde and the rellef of poverty. To promote any charltsble actlvity for the benefit of the local people. To achleve Its oblectlves. the Church adopted the followin8 strdte8ie5: Rvnnir6 seminars in the thurch with proven mInIste￿ of the faith to 8ulde members In the vartous aspects of Christian faith Supportforthe chailies ar￿ thri5Eian mnts. Provldln8 ovèrséas ald and famine ￿lIef. and Involvin8 in Econcrfnic and Communlty tknvdo￿jI￿nt RCCG-City ofPrnise. Manchester.. Reportsfor theyearended 30June. 2023 THE REDEEMED CHRIThCHURCH OF GOD (RCCGI CITY OF PRAISE TRusfEES' REPORT(CONfiNUEDJFOR THE YEAR ENDED30JUNE2022 The activlties for achlevlng its objectives indude: Community outreach events Conferences and events Welfare support to members and general publlo and Varlous mlssionary activities GRANT MAKING POUCY: The Churth supports vlsitln8 minlsters of the gospel both wlthln and outslde the United Klngdom. Support is also given to RCCG Central Office, World Evangelism Mlssion, Festival of knfe and other RCCG programmes. The Church supports other charitles and mlssionary that shares its objects In athiancement of Chrlstian falth and rellef of poverty. The Church also give occaslonal grants to congregational members who are In need. VOLUNTEER5: The Church Is grateful to the unfllnchlng efft)rts of Its volunteers who are involved In providing services for the Charity. It is estimated that over 2,420 hours a￿ provided by volunteer5 durlng the year. If thls is conservatively valued at £9.50 per hour. the volunteerfs effort wlll amount to £22,990. REVIEW OF ACTMTIES: The Church continue to enjoy trefflendous growth in its Physical and Spiritual Ilfe durlng the year, and in the advan￿ment of Christian falth in accordan￿ wlth the doctrlnes set out In the Statement of Falth as contalned In our Trust Deed. Following the COVID-19 Imposed lockdown In mld-march, 2022, the Church has been conductbng Its artlvlties vlrtually. We strongly believe that the rapid response of the Churth to ensure continuou5 touch with the Community through the WORD and essentlal food supplles has pald off significantly. We have invested into BroadcastSn8 Equlpment and Technology as well as other Safety materials to achieve this. INVESTMEIIT POUCY: The twstees have declded that at present. fund5 should be retslned In Banks and Buildlng Societiès and as far as possible in interest bearing accounts. FUNDING AND REBATES: Fundln8 ha5 been provided mainty throu8h fithes and Offerin8s by Church members ènd through Glft Ald. Donations a￿ also accepted for special programmes and projects. During the year, the Charity reoived a total of £9.744 in external funding. £5.544 from Sath>rd aty Councll/HAF to support HolldoyArtfvldes Proje¢ and £4200 from HMRC as Ernployerfs National Insurance Contribution rebate. FUTURE DEVELOPMENf: The Charity continues 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)1¥￿ 21>21 XI￿￿•, 2021 Note 9 Bank Balances Natwest Bank Barclays I￿.030 4.120 lo4,￿1 73,139 2,389 75528 Note 10 Credltors & Accruak Remittances Due Other Accrued Expenses 10.614 1.050 11,664 2.825 700 12 RCCG C5ty of pr4ise. Manchester: Reports for the year ended 30th June, 2022