Charity number 1127540
REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE FINANCIAL STATEMENT
30 June 2023
REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Report and accounts Contents
| Page | |
|---|---|
| Charity information | 1 |
| Trustees’ report | 2 |
| Accountants' report | 3 |
| Statement of Financial Activities | 4 |
| Balance sheet | 5 |
| Notestotheaccounts | Gxt |
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REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Charity Information
Trustee Temitope Oluwasanmi Accountants Manchester Accountancy Services 144 Cheetham Hill Road Manchester Lancs M8 8PZ
Solicitors
Bankers Barclays 1 Churchill Place London E14 5HP
Registered Office His house 33 hilton Street North Salford M40 9JS Register Charity Number 1127540
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REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Registered nur 1127540 Trustees’ Report
The Trustees present their report and accounts for the year ended 30 June 2023. Legal and administration
Redeemed Christian Church of God - His Presence is a registered charity number 1127540 and subject to the regulation of the charity commission .
Structure, Governance and Management
The Charity is governed by its constitution . The charity is constituted as an association consisting of members. The trustees are appointed re appointed at the annual general meeting
Trustee The following persons served as Trustee during the year: [Temitope Oluwasanmi
.
Objective & Vision
1) Provision of Weekly Church Service
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2) Provision services to individuals and family
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3) Help to relief the poverty 4) The promotion of peace and harmony
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5) Working with other Christian agencies
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6) Sponsoring project oversees
Financial review of the year Donation & Gift Aid and Insurance Claim received during the year were £184766 and £39390 was spent on teacher wages and £141151 was spent on premises and Management & Administration costs Summary of main activities
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1) improvement of existing services for more cacacity
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2) help to relief the poverty for poor people
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3) extension of Sunday prayers facalities
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4) helped the people with finacial hardship
Achievement and performances
- 1 improving quality education for children's and women 2) Regular meetings and gathering on faiths topics 3) helping needy people in covid19 pendamic
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Plans for future
1) continue holding faiths and religions meetings
- 2) Delivereing religious courses 3) expanding Education facilities for all age women 4) expanding drama music and trainng program for youth
This report was approved by the board on 14 March 2024 and signed on its behalf. pennerustee Oluwasanmi pe WK
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REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Independent Examiner report to the Trustees of REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE
| report on the accounts of the Redeemed Christian Church Of God - His presence for the year ended 30 June 2023
Respective responsabality of trustees and examiner
The charity,s trustees are responsible for the preparation of the accounts. The charity trustes 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 needed
it is my responsibility to examine the accounts under section 145 of the 2011 act to follow the procedures laid down in general directions given by charity commission under sect 145(5)(b) of the 201 1act and to state whether particular matters have come to my attention
Basis of independent examiner,s report
My examination was carried out in accordance with the general directions given by the charity commssion an examination includes a review of the accounting records kept by the charity and comparision of the accounts presented with those records it also includes consideration of any unusual items or disclosures in accounts and seeking of expalnations from you as trustee concering any such matters The procedures undertaken do not provide all the evidence that would be rquire in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and report is limited to those matters set out the statement 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 requirement to keep accounting records and in accoradance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and to comply with the accounting requiremenmts of the 2011 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
oF OK Services 144 Cheetham hill road Manchester M8 8PZ Date .....
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REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Statement of Financial Activities for the year ended 30 June 2023
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|---|---|---|---|---|---|
|Notes|2023|
|£|
|Incoming|Resources|
|Donations|121,176|
|Insurance|Claim|28,283|
|Gift Aid|Scheme|35,307|-|
|Total|incoming|resources|184,766|
|Resources|Expended|
|Direct|Charitable|
|wages|&|National|Insurance|3|39,390|
|Management & Administrative|expenses|141,151|
|Total|Resources|Expanded|(180,541)|
|Net|Income|Recources|4,225|
|total|fund|Brought forward|172,125|
|Total funds|carried|forward|4|176,350|
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REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Balance Sheet as at 30 June 2023
| Notes | 2023 | ||||
|---|---|---|---|---|---|
| Fixed Assets | £ | ||||
| TangibleAssets | 142,067 | ||||
| Current assets | |||||
| Cash at bank and in hand | 78,151 | ||||
| Debtors | |||||
| Creditors: amounts falling due | . | ||||
| within one year | 5 | (14,150) | |||
| . | |||||
| Net current assets | 64,001 | ||||
| Creditors Amount falling | |||||
| due moretha oneyear | 6 | (29,718) | |||
| Net assets | 176,350 | ||||
| Funds ofthe Charity | |||||
| Unrestricted Funds | 176,350 | ||||
| Total funds | 176,350 | ||||
| Temitope Oluwasanmi | |||||
| Trustee | |||||
| Approvedbytheboardon18April2024 |
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REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Notes to Financial statement for the year ended 30 June 2023
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4 Accounting policies
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a_ Basis of preparation The accounts have been prepared under the historical cost convention on going concern basis and in accordance with the SORP 2005 and with the accounting standards
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b Incoming Resources Fee income and donation are included in the statement of financial activities SOFA when received by charity
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c Depreciation Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixture & fittings 15% straight line
- d Expenditure Recoganition Liabalities are recoganised as soon as there is legal or constractive obligation committing the charity to pay out resources
e Management & Admistration Expenses
includes all expenditure not directly related to the charityable activities of fund raising ventures
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2 Fee & Donations Received from the students attending religious school and general public attending the mosque
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3 Direct Charityable cost
:
Wages & Nic for staff £39390
| 4 | Funds ofcharity | 20233 |
|---|---|---|
| At 1 July2022 Total fund carried forward |
172,125 4,225 |
|
| At30June2023 | 176,350 | |
| 5 | Creditors: amounts falling duewithin oneyear | 2023£ |
| Tradecreditors | 14,150 |
- 6 Creditors: amounts falling due within one year Mortgage Creditors 29,718
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REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Detailed Financial Statement
for the year ended 30 June 2023
| 2023 | ||
|---|---|---|
| £ | ||
| Income recourses | 184,766 | |
| Administrative expenses | ||
| Employee costs: | ||
| Wages and salaries | 38,000 | |
| Staff training and welfare | 1,390 | ° |
| 39,390 | ||
| Premises costs: | ||
| Rates | 2,554 | |
| Mortgage Interest cost | 3,488 | |
| Light and heat | 3,636 | |
| Repairs and maintenance | 59,741 | |
| Equipment expensed | 31,121 | |
| 100,540 | ||
| General administrative expenses: | ||
| Telephone and fax | 1,378 | |
| Motor expenses | 6,906 | |
| Stationery and printing | 1,860 | |
| Consultancy fees | §,215 | |
| Finance Cost | 3,001 | |
| Bank charges | 3,694 | |
| Food disribution to needy people | - | |
| Youth outreach activities cos | 8,590 | |
| Insurance | 6,544 | |
| Music & media cost |
- | |
| Sundries | 2,573 | |
| 39,761 | 7 | |
| Legal and professional costs: | ||
| Other legal and professional Charity |
850 |
le |
| 180,541 |
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