# **Registered Charity Number 1129059**
Report of the Trustees and Unaudited Financial Statements For The Year Ended **31st March, 2024**
## **RCCG HOUSE OF RESURRECTION**
## **RCCG HOUSE OF RESURRECTION Contents of The Financial Statements For The Year Ended 31st March, 2024**
||**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, 2024**
## **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, 2024**
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**
In the past year, we have continued to provide vital support to our community through various initiatives. We are proud to have launched a Food Bank that operates every fortnight, providing essential supplies to those in need.
Additionally, thanks to the generous funding received from the National Lottery, we have expanded our range of services. This funding has allowed us to introduce:
Counseling Workshops for Domestic Abuse: Aimed at supporting individuals and families affected by domestic violence, these workshops provide a safe space for healing and empowerment.
Early Morning Breakfast Program: We now offer a morning meal service, ensuring that members of our community start their day with a nutritious breakfast, fostering better health and well-being.
These new services align with our mission to relieve poverty and advance the welfare of the community. We remain committed to identifying and addressing the needs of our community through compassionate and effective action.
## **RISK MANAGEMENT**
2
The trustees regularly review the risks facing the charity to ensure that the necessary steps are taken to mitigate any potential threats to our operations and objectives.
New Service Risks:
With the expansion of our services, including the introduction of the Food Bank, Counseling Workshops for Domestic Abuse, and the Early Morning Breakfast Program, we have identified new risks that need to be managed:
Food Bank Operations:
Risk: Increased demand may strain resources and volunteer capacity.
Mitigation: Secured additional funding and volunteer support through community outreach and partnerships with local organizations.
Counseling Workshops for Domestic Abuse:
Risk: Sensitive nature of the workshops may lead to privacy concerns and the need for specialized staff.
Mitigation: Implemented strict confidentiality protocols and partnered with certified counselors experienced in domestic abuse cases.
Early Morning Breakfast Program:
Risk: Potential for health and safety issues in food preparation and distribution. Mitigation: Adhered to strict health and safety guidelines, with regular training for volunteers on food hygiene and emergency procedures.
The trustees remain vigilant in assessing these risks, ensuring that all activities are carried out safely and in alignment with our mission to support the community.
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 ….................................................... and signed on its behalf by Yemi Onigbode
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.......................................................
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**YEMI ONIGBODE For Trustees**
3
**RCCG HOUSE OF RESURRECTION 31st March, 2024**
## **Independent Examiner's Report**
## **To the Trustees**
I report on the accounts for the year ended 31st March, 2024 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................................................
4
## **RCCG HOUSE OF RESURRECTION Statement of Financial Activities For The Year Ended 31st March, 2024**
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2024 2023
Total Total
Unrestricted Restricted Fund Fund
Notes £ £ £ £
Income Resources
Incoming Resources From Generated Funds
Voluntary Income 1 230,930 - 230,930 158,426
Total Income Resources 230,930 - 230,930 158,426
Resources Expended
Charitable Activities
-
Physical & Spiritual Need 125,802 125,802 115,534
Governance Costs 2 1,250 - 1,250 1,250
-
Total Resources Expended 127,052 127,052 116,784
NET INCOMING RESOURCES 103,878 - 103,878 41,642
RECONCILATION OF FUNDS
-
Total Funds Balances b/fwd 155,179 155,179 113,537
-
Total Funds Balances c/fwd 259,057 259,057 155,179
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The Notes Form Part of These Financial Statements
5
## **RCCG HOUSE OF RESURRECTION Balance Sheet**
## **as at 31 March 2024**
|**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**
16,683
243,624
1,250
259,057
259,057
259,057|**2024**
**Total Funds**
**£**
16,683
243,624
1,250
259,057
259,057
259,057
259,057
259,057|**2023**
**Total Funds**
**£**
16,682
139,747
1,250
155,179
155,179
155,179
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
6
**Notes to the Financial Statementss for the year ended 31 March 2024**
## **RCCG HOUSE OF RESURRECTION**
## **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|**2024**
**£**
230,930
230,930|**2023**
**£**
158,426
158,426|
|---|---|---|
|**2**
**GOVERNANCE COSTS**
Accountancy
**Trustees' expenses**
**3**
Wages and salaries
Social security costs|**2024**
1,250
1,250
24,468
1,801
26,269|**2023**
1,250
1,250
22,001
1,927
23,928|
|---|---|---|
7
## **RCCG HOUSE OF RESURRECTION**
## **Notes to the Financial Statementss for the year ended 31 March 2024**
|**4**
**Debtors : Amounts Falling Due within one year**
Other debtors
Debtors (loan)
**5**
**Creditors: amounts falling due within one year**
Trade Creditors
**6**
**Movement in Funds**
**At 01 04 2023**
**£**
Unrestricted**funds**
63,850
General fund
91,329
TOTAL FUNDS
155,179
Net movement in funds, included in the above are as follows:
**Incoming**
**Resources**
**£**
**Unrestricted funds**
General fund
230,930
Total Fund
230,930|**2024**
**£**
8,164
8,519
16,683
**2024**
**£**
1,250
**Net**
**Movement**
**In Funds**
**£**
-
103,878
103,878
**Resources**
**Expended**
**£**
127,052
127,052|**2023**
**£**
8,163
8,519
16,682
**2023**
**£**
1,250
**At 31 03 2024**
**£**
63,850
195,207
259,057
**Movement in**
**Funds**
**£**
103,878
103,878|
|---|---|---|
8
## **RCCG HOUSE OF RESURRECTION Detailed Statement Of Financial Activities For The Year Ended 31st March, 2024**
|**INCOMING RESOURCES**
Tithes & Offering
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Charitable Activities**
Subscription
WEM & Central funding
Travelling and subsistence
Printing, postage & stationery
Evangelical/outreach materials
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
Motor expenses
Wages & salaries
Pension
**TOTAL RESOURCES EXPENDED**
**NET INCOME**|**2024**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
230,929.76
230,929.76
158,426.00
230,929.76
-
230,929.76
158,426.00
-
-
173.00
3,827.00
3,827.00
4,619.00
2,719.00
2,719.00
2,045.00
50.00
50.00
100.00
7,119.00
7,119.00
-
10,958.00
10,958.00
9,459.00
1,991.00
1,991.00
300.00
**26,664.00**
**-**
**26,664.00**
**16,696.00**
1,250.00
1,250.00
1,250.00
**1,250.00**
**-**
**1,250.00**
**1,250.00**
59,466.00
59,466.00
59,572.00
1,850.00
1,850.00
2,892.00
105.00
105.00
136.00
3,490.00
3,490.00
3,619.00
2,375.00
2,375.00
2,636.00
796.00
796.00
147.00
2,898.00
2,898.00
675.00
1,390.00
1,390.00
2,218.00
499.00
499.00
2,496.00
24,468.00
24,468.00
22,001.00
1,801.00
1,801.00
1,927.00
**99,138.00**
**-**
**99,138.00**
**98,838.00**
**127,052.00**
**-**
**127,052.00**
**116,784.00**
**103,877.76**
**-**
**103,877.76**
**41,642.00**|
|---|---|
9