# **Registered Charity Number 1129059**
Report of the Trustees and Unaudited Financial Statements For The Year Ended **31st March, 2023**
## **RCCG HOUSE OF RESURRECTION**
## **RCCG HOUSE OF RESURRECTION Contents of The Financial Statements For The Year Ended 31st March, 2023**
||**Page**|
|---|---|
|Report of The Trustees|1 - 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|
7 - 9|
|Detailed Statement of Financial Activities|10|
## **RCCG HOUSE OF RESURRECTION Report Of The Trustees For The Year Ended 31st March, 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Charity Number:1129059
## **Chairman:**
YEMI ONIGBODE
## **Principal address.**
Unit 3-4 Blenheim Businesss Centre, 22 Lock's Lane Mitcham Surrey CR4 2JX
## **Trustees**
Mr Yemi Onigbode Mr Michael Ajibade Mr Segun Sodeinde Mr Samson Fadimu
Miss Olufunmike Oyewola
## **Independent Examiner**
Paperchase Taxation 24a Sydenham Road Sydenham, London SE26 5QW
## **Bankers**
NatWest HSBC
1
## **RCCG HOUSE OF RESURRECTION Unaudited Financial Statements For The Year Ended 31st March, 2023**
The trustees present their report with the financial statements of the charity for the year ended 31st March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities' issued in July 2014.
## **STRUCTURE GOVERNANCE AND MANAGEMENT**
## **Description of the charity’s trusts**
Governing document: Trust deed The charity is a trust Trustee selection is by appointment
## **OBJECTIVES AND ACTIVITIES**
The Charity’s objects are:
The advancement of the Christian Faith
The relief of poverty
The main activity of the charity is the establishment and maintenance of worship centres to enable the members of the public to participate in Christian worship. Making grants and donations to the needy.
## **ACHIEVEMENTS AND PERFORMANCE FOR THE PUBLIC BENEFIT**
Despite the challenges of Covid 19, the church through the use of technology forged a stronger bond among members ensuring quality fellowship. The welfare of members were priortise in our operations this past year. Other plans were strategised to intergrate the love and fellowship to the community as the lockdown rules eases up.
## **RISK MANAGEMENT**
The Trustees have conducted a review of the major risks which the Charity is exposed. A risk register has been established which identifies the major risks by area of activity, the nature of those risks, the likelihood of the risks happening and the measure taken to manage them. The Trustees review the risk register regularly at their meetings and are satisfied that systems are in place to manage the risks that have been identified. In particular, insurance cover is in place and the finances of the Charity are kept under review. Appropriate Disclosure & Barring Service check (DBS) training undertaken and, supported by regularly reviewed policies are done for all those who work with children or other vulnerable groups with the Charity.
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Approved by order of the board of trustees on 15/04/2024 and signed on its behalf by Yemi Onigbode
.......................................................
**YEMI ONIGBODE For Trustees**
2
## **RCCG HOUSE OF RESURRECTION 31st March, 2023**
## **Independent Examiner's Report**
## **To the Trustees**
I report on the accounts for the year ended 31st March, 2023 set out on pages 5 to 10.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees 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 required. The charity's gross income does not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.
It is my responsibility to:
Examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section l45(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements 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 requirements which accord with the accounting records and to comply with the accounting requirements 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.
## **Abiodun A Adeboyejo (FCCA,ACA,FAIA)**
**Accountants 24A Sydenham Road London. SE26 5QW**
Date................................................
3
## **RCCG HOUSE OF RESURRECTION Statement of Financial Activities For The Year Ended 31st March, 2023**
|Unrestricted
**Notes**
£
**Income Resources**
Incoming Resources From Generated Funds
Voluntary Income
1
158,426
**Total Income Resources**
158,426
**Resources Expended**
Charitable Activities
Physical & Spiritual Need
115,534
Governance Costs
2
1,250
**Total Resources Expended**
**116,784**
**NET INCOMING RESOURCES**
**41,642**
RECONCILATION OF FUNDS
**Total Funds Balances b/fwd**
**113,537**
**Total Funds Balances c/fwd**
**155,179**|Restricted
£
-
-
-
-
**-**
**-**
**-**|**2023**
**Total**
**Fund**
**£**
158,426
**158,426**
115,534
1,250
**116,784**
**41,642**
**113,537**
**155,179**|**2022**
**Total**
**Fund**
**£**
181,805|
|---|---|---|---|
||||**181,805**|
||||117,955
-|
||||**117,955**|
||||**63,850**|
||**-**||**63,850**|
The Notes Form Part of These Financial Statements
4
## **RCCG HOUSE OF RESURRECTION Balance Sheet as at 31 March 2023**
|**Notes**
**CURRENT ASSETS**
Debtors
3
Cash at bank and in hand
**CREDITORS**
Amounts Falling Due within one
Year
4
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**Unrestricted Funds**
5
Unrestricted Funds
**TOTAL FUNDS**|**Unrestricted**
**Funs**
16,682
139,747
1,250
155,179|**2023**
**2022**
**Total Funds**
**Total Funds**
**£**
**£**
16,682
-
139,747
113,537
1,250
-
155,179
113,537
155,179
113,537
155,179
113,537
155,179
113,537
155,179
113,537|
|---|---|---|
||155,179||
||155,179||
||||
The financial statements were approved by the Board of Trustees on.................................... and were signed on its behalf by:
## **Approved by Board of Trustees**
The Notes Form Part of These Financial Statements
5
## **RCCG HOUSE OF RESURRECTION**
## **Notes to the Financial Statementss for the year ended 31 March 2023**
## **ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (issued July 2014)
## Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## Tangible fixed assets
## Taxation
The charity is exempt from tax on its charitable activities.
## Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
## **1 VOLUNTARY INCOME**
|Tithes, Offering & Thanksgiving
**2**
**GOVERNANCE COSTS**
Accountancy
**Trustees' expenses**
Wages and salaries
Social security costs|**2023**
**2022**
**£**
**£**
158,426
181,805
158,426
181,805
**2023**
**2022**
1,250
-
1,250
-
22,001
-
1,927
-
23,928
-|
|---|---|
6
## **RCCG HOUSE OF RESURRECTION**
## **Notes to the Financial Statementss for the year ended 31 March 2023**
|**3**
**Debtors : Amounts Falling Due within one year**
Other debtors
Debtors (loan)
**4**
**Creditors: amounts falling within one year**
Trade Creditors
**5**
**Movement in Funds**
**At 01 04 2022**
**£**
Unrestricted**funds**
63,850
General fund
49,687
TOTAL FUNDS
113,537
Net movement in funds, included in the above are as follows:
**Incoming**
**Resources**
**£**
**Unrestricted funds**
General fund
158,426
Total Fund
158,426|**2023**
**2022**
**£**
**£**
8,163
-
8,519
-
16,682
-
**2023**
**2022**
**£**
**£**
1,250
-
**Net**
**Movement**
**In Funds**
**At 31 03 2023**
**£**
**£**
63,850
41,642
91,329
41,642
155,179
**Resources**
**Expended**
**Movement in**
**Funds**
**£**
**£**
116,784
41,642
116,784
41,642|
|---|---|
7
## **RCCG HOUSE OF RESURRECTION Detailed Statement Of Financial Activities For The Year Ended 31st March, 2023**
|**INCOMING RESOURCES**
Tithes & Offering
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Charitable Activities**
Subscription
WEM & Central funding
Travelling and subsistence
Printing, postage & stationery
Church expenses
Members' welfare and training
**Governance Costs**
Accountancy fees
**Support Costs Management**
Rent & rates
Light & heat
Bank charges
Insurance
Telephone & fax
Repairs & Maintenance
Software & IT
Service Charges
Equipments Hire
Motor expenses
Wages & salaries
Pension
Depreciation charge
**TOTAL RESOURCES EXPENDED**
**NET INCOME**|**2023**
**2022**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
158,426.00
158,426.00
181,805.00|
|---|---|
||158,426.00
-
158,426.00
181,805.00|
||173.00
173.00
4,619.00
4,619.00
-
2,045.00
2,045.00
-
100.00
100.00
-
9,459.00
9,459.00
117,955.00
300.00
300.00
-|
||**16,696.00**
**-**
**16,696.00**
**117,955.00**|
||1,250.00
1,250.00
-|
||**1,250.00**
**-**
**1,250.00**
**-**|
||59,572.00
59,572.00
-
2,892.00
2,892.00
-
136.00
136.00
-
3,619.00
3,619.00
-
2,636.00
2,636.00
-
147.00
147.00
-
675.00
675.00
-
2,218.00
2,218.00
519.00
519.00
2,496.00
2,496.00
-
22,001.00
22,001.00
1,927.00
1,927.00
-
-
-
-|
||**98,838.00**
**-**
**98,838.00**
**-**|
|||
||**116,784.00**
**-**
**116,784.00**
**117,955.00**|
|||
||**41,642.00**
**-**
**41,642.00**
**63,850.00**|
8