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2020-12-31-accounts

TRUSTEES ANNUAL REPORT AND ACCOUNT

FOR THE YEAR ENDING 31 DECEMBER 2020

Registered Number 1128714

Trustees’ Report

RCCG New GATE trustees present their statutory report with the financial statement for the year ended 31st December 2020. The report has been prepared in Compliance with Part IV of the Charities Act 2005. Financial Statements have been prepared in accordance with the accounting policies and Comply with the charitable Accounting and Reporting FRS102, by Charities Statement of Recommended Practice (SORP 2005)

Charity Information

The Trustees are:

Pastor ADEBAYO ADEMUYIWA DACOSTA

Pastor AYODELE ILEASU OGUNNUBI

Church Address :

Unit 12A Fenlake Industrial Estate, Fenlake Road, Bedford, Bedfordshire. MK42 0HB United Kingdom.

Phone: 01234 217174

E-mail: admin@rccgnewgate.co.uk

Website: www.rccgnewgate.co.uk

Parish Pastor : OLUFEMI AWOLEYE

Method of Appointment or Election of Trustees

The management of the charity is the responsibility of the Trustees who are elected by resolution or appointed and co-opted under the Trust Deed or the contribution that they will make to the governance of the organisation and the skills they will contribute. A formal induction is carried out including of the Charity Commission’s Guidance and Governing document and policies of the Charity existing board members. Here are the elected trustees as at 30 September 2021

Pastor ADEBAYO ADEMUYIWA DACOSTA

111 Dargets Road Walderslade Chatham Kent, ME5 8BS

Pastor AYODELE ILEASU OGUNNUBI

19 Noble Close Milton Keynes MK15 8AF

Policies Adopted for the Induction and Training of Board of Trustees

The induction process for any newly appointed member of the Board of Trustees Comprises of an initial meeting with the Board of Trustees where the powers and responsibilities of the Trustees are clearly explained. To further enhance the governance skills of Trustees, they are registered to different training events, conferences and seminars. This ensures strict compliance to relevant regulations.

Organisational Structure, Governance and Management

Constitution RCCG New GATE is a charitable organisation, The charity is set up with special charitable articles with the Charity Commission as a charity in its right. Whilst the church has an inspirational spiritual leader, the church has members who service as trustees of the charity in accordance with Charities Ac 2006. The governing of the Charity is entirely the responsibility of the Trustees and is independent and free from any external influence. The Board of Trustees meets to manage its affairs and must submit accounts on an annual basis to the Charity Commission and must comply with charity.

Trustees have responsibilities of good governance by ensuring the overall direction, effectiveness, supervision and accountability of the charity as follows:

However, the Board of Trustees must ensure good governance as they rely on many different people to be able to govern well – staff and in particularly, the chief officer, volunteers, advisors and others with interest or stake in the charity

RCCG New GATE was birthed in Bedford

Objectives of the Charity and Main Activities

Subordinate

To achieve the above objectives:

Risk Analysis and Management:

The Board of Trustees has considered the risk to which the charity is exposed and systems have been established to minimise those risk and minimise the impact on charity. Internal procedures and controls are established which are reviewed regularly to ensure compliance at all times.

Responsibilities of the Trustees

The Charity Act 2005 requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at balance sheet date and of its income resources and application of resources, including income and expenditure, for the year then ended.

In preparing these financial statements which give a true and fair view,

the Trustees should follow best practice and:

  1. Select suitable accounting policies and then apply them consistently

  2. Make judgements and estimates that are reasonable and prudent

  3. State whether applicable accounting standards have been

followed, subject to any material departures disclosed and explained in the notes to the account

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and also to ensure that the financial statements comply with the Charity Act 2005. The trustees 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.

Thanks

Pastor Olufemi Awoleye