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2021-12-31-accounts

TRUSTEES ANNUAL REPORT AND ACCOUNT

FOR THE YEAR ENDING 31 DECEMBER 2021

Registered Number 1128714

Trustees’ Report

RCCG New GATE trustees present their statutory report with the financial statement for the year ended 31st December 2021. 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:

  1. Pastor ADEBAYO ADEMUYIWA DACOSTA

  2. 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

RCCG NEWGATE CHURCH BEDFORD 1128714

Receipts and payments accounts For the period Period start date Period end date To from 1/1/2021 12/31/2021 ee ee ee Section A Receipts and payments Unrestricted Restricted Endowment Total funds funds funds funds to the nearest to the nearest £ to the nearest £ to the nearest £ £

Section A Receipts and payments
Unrestricted
funds
Restricted
funds
to the nearest
ee ee		 Endowment
funds
ee ee		 Total funds
to the nearest £
to the nearest
£		 to the nearest £ to the nearest £
A1 Receipts
Building fund
8,220
-
-
8,220
Gift aid HMRC
13,307
-
-
13,307
Other income
1
-
-
1
Tithes and Offerings
25,250
-
-
25,250
Welfare Fund
700
-
-
700
-
-
-
-
-
-
-
-
-
47,477
-
-
47,477
-
-
-
-
-
-
-
-
Sub total -
-
-
-
Total receipts 47,477
-
-
47,477
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
—~~———~~
A3 Payments
Accountancy fees & commissions
1,531
-
Admin expenses
5,097
-
Allowance
7,200
-
Church retreat
-
Contributions
-
Depreciation
-
Donations
1,895
-
Lease Payments
22,735
Honourarium Expenses
-
Light & Heat
Motor expenses
Telephone and Broadband
1,131
Professional fees
-
Repairs
2,042		 -
-
-
-
-
-
-
-
-		 1,531
5,097
7,200
-
-
-
1,895
22,735
-
-
-
1,131
-
2,042
Rent of Banner -
Rent of Hall -
Stationery -
Welfare Fund -

Sub total [ 41,631 ] - - 41,631 A4 Asset and investment purchases, (see table) - - - - - - - - Sub total [ - ] - - - — Total payments ~~———~~ 41,631 - - 41,631 Net of receipts/(payments) 5,847 - - 5,847 A5 Transfers between funds - - - - A6 Cash funds last year end - - - - Cash funds this year end ~~SSS~~ 5,847 - - 5,847

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted
Bank Balance funds funds
B1 Cash funds Closing Balance
Total cash funds		 to nearest £
5,847
-
-
5,847


to nearest £
-
-
-
-
(agree balances with receipts and payments
account(s))		 OK OK
Unrestricted Restricted
funds funds
B2 Other monetary assets Details
Equipment		 to nearest £
1,084
-
-
-
-
-




to nearest £
-
-
-
-
-
-
B3 Investment assets Details Fund to which
asset belongs		 Cost (optional)
-
-
-
-
-
B4 Assets retained for the Details Fund to which
asset belongs		 Cost (optional)
-
charity’s own use






-
-
-
-
-
-
-
-
Fund to which Amount due
B5 Liabilities Details liability relates



-
-
-
-
-
(optional)
Signed by one or two trustees on
behalf of all the trustees		 Signature Print Name
Ayodele Ogunnubi AYODELE OGUNNUBI

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CC16a
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Last year

to the nearest £

8,982 13,121 17,539 - - - 39,642

39,642

1,512 6,549 380 600 1,800 5,000 800 1,041 900 1,100 19,682

19,682 19,960 - - 19,960

Endowment funds

to nearest £ - - - -

OK

Endowment funds to nearest £ - - - - - -

Current value (optional) - - - - -

Current value (optional)

When due (optional)

----- Start of picture text -----
Date of
approval
1/18/2023
----- End of picture text -----

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Charity Name trustees/ members RCCG Newgate Church Bedford of 31 December 2021 Charity 1128714 On accounts for the no (if year ended any)

Set out on pages RECEIPTS AND EXPENDITURE

(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2019 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the basis of report preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material examiner's matters have come to my attention (other than that disclosed statement below *) in connection with the examination which gives me cause to believe that in, any material respect:  accounting records were not kept in accordance with section 130 of the Act or  the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply.

Signed: Emmanuel VinKabb Date: 18/01/2023 Po | Name: Emmanuel Vin-Kabb PO Relevant ACCA professional

1

IER

October 2018

qualification(s) or body (if any):

Address: Unit 133, 548-550 Elder house Elder Gate Milton Keynes, MK9 1LR

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

2

IER

October 2018

There are no disclosures to be made.

Give here brief details of any items that the examiner wishes to disclose .

3

IER

October 2018