THE REDEEMED CIIR15fiAN CNURCH OF GOD (RCCG) UVING PRAISE SUNDERLAND Charity Reg No: 1130145 TRusfEES' ANNUAL REPORT AND FINANCIAL sfATEMENTS FOR THEYE4R ENDED 31 MARCH 2021 Pyl
THE REDEEMED (HRlStM CHURCH OFGOD IRCCGI LMNG PRAISE 9JNDERLAND Reference and AdministrknvÉ flIS Trustees, Annual Report Independent Examiner's Report Statemertof Financial Actmties Balante ShÈÈt Note5tothe FinancÉal Slatem*its io
THE REDEEMED CHR15llAN (HURCH OF GOD IRCCGI UVING PRAISE SUNDERLAND REFERENCEANDADMINISTrATIVE DAll5 OFTHEIILARirY. (ISTRUE5 &ADVISERS FOR THE YEAR ENDED 31 MARCH 2021 TrIÈ$ Pa5tOf Adio LawTwce Fa&ba- Chairman Dr Obiukwu Chieozie Iwuchukn Mr Rotitni Matthew Pastor EAMeFxrye Pastor Wllson ndaY Emezanena Eriioh Pastor Musa Bako Praise Hall Palln Road Jrnjerland Charity RewrtraI1 N 1130145 Independert Examiner Ayoks Consulti¥ brnited Ilntemational Accountant) 7th Ftoor Banker5 6arclays Bank PJC Chester Road BrarKh 135 Che5teT Road The BalarKe SuTrderl8nd 2 Plnfoldsireet Tyneand Wear SR4 7HP Sheffidd SI 2GU Py3
THE REDEEMED CHRIStWl OIURCH OFGOD IRCCGI IMP PSE SUNDERLAND TRusfEE5' ANNUALREPORT FOR THE YEAR ENDED 31 MARCH 2021 Thetrusteessubmitted their reFKJrt athe financialstatements of The rIstian Churth of GCMI IRCCGI liTr&ing Praise &Jnder1a forthe year ed 31 March 2021. Thetru5tee5¢0nfimied thattheannual rtad rirtancial of thecharitycoMY vAth thecurrefttstatutory reqtsirem&of the charitygovemirvddocuments and the Prowon$ ofthe 5tstement of RecLanmend8J Pracbce IYJRPI'AttoUrti¥ aNI Rern byCharitiÈs' issued in March 2D)5. STATUS The chaTitywas constituted un¢Jer a Twst d& datd 4 May2(tfJ aTrJ Ès retsered in and and Wajes wrth charitynutnbw 1130145. APPOINTMENTOR ELErnON OF TRUSTEES Trugeesare dttted and ¢tropted uththetermsofthetrust( ORGANIMnONALsfRUCTURE AND DEasioN MAXING Thechariry isorganFsed in gKh mannerthat Itsth?tree5to marw itsaffairL The PastorFn Charge manages thetytrdaya¢Yminthaticffloftltethurth RELATED PARTY RELATIONSHIPS The charity 15 a parish of The RedeeMedChrroTrChurrh of God IRCCGI wlwch has paiishe5 all o¥erthewodd. The tharity's relatiC>ftthipwithothgr RCCG parishes isg0ver tryan Agreement fDrC0mffTh Purp)ses'. PRINCIPAL FUNDING Fund¢ng has been prowrded maintythrough tithe5 and offerires bychurch menknsastHell as&ftaid. Fundingwas reded for theyearurKler re¥iew duetotheCrMd-19 pandemicwhich necessitated restrictNe me4suwto ¢ombatthe5pread. Me09J like50aal distancing and limrtationson largegatherings made members not to be phyg(ally wewt in churth. We recetveda grantof £l.(M)O from SLmtsland Crty CwrKil to cuShithe efft ofthe re lo&$ and to supportthèovethead expemses. OBJEcfsAND ALTIWTIES The printipal object ofthetrust isttE 3dvancemefft of thrisbanfaith VA1W3nd propaeatingthe Gospel of ourlord and Sa¥ioUrj (hri5L The ch3rity,s5trategyforachie¥ingthe*obii in othto bwefftthe putJic isto 3th outthiouBh our varioLS5 programmes and tharitswe octMbe5to the ofwr immediHtecommunity.tIE Cityof &Jnd¥land nd 5urroundir¥town55uch 45HartEewd. Hettr le Hols H(m¥ht le5wingand Wa5hiWon.
THE REDEEMED CHRISllAN CHURCH OF GOD IRCCGI Uv1 PBAISE SVNDERLAND TRUStEES'ANNUAL REPORT Ictytbnuedl FOR THE YEAR ENOEO 31 MARCH 2021 REUGIOUSACTivinES In the sprinEof 2020. the government re5trietion plated onthe 8atheriAg 0Fp2op1ea lockdovm ad¥erselyaffected the ieliwou5 activitie5 of rrM)5tchurchES Ind[1 Rccfj Lrwng Praise&ttthdand. The charitycondycied &JnthyWtsTship ser¥iees, midweek BÉblèTeathingsand Praw Meetingsto build up tk faith of its rnernber5 and the people in the Commun¥tyrIualtyW[th ontythe Pish PastoraThJ twovolunieers to assiston thevirwal meeting5et u Wea150 ofrdll4sed fewfaith rdated SeETHna vIrtlIYYtht9jpprt ofseasorth minsttroffaith toguide members of thethurth on Vario55 of tsEChti5tian faith. We partner with fourothwchurches tr> set up a rewchrithan A8airst Povty ICAPI Debt Centre in the Ctty of SundeFland. This vas aimed at supwrtingchristiall facingdebt challwge byprnMdinEne¢essarycounselling In handlinEand easingthe debt burden. Wewerecommitted to a rnonthly contritKJtion of £ICK) towardsthis goal. tapacities¥nthin thechurch 8roupsam¢wt vthich Éty1. Men'sfellowship women'sfellowship Jouthfeltowsb.sp Yourg ladiesfellowship Mu&c rnIntry ospitality ministry Multimedia mirristry child ministry UsheTing unit Christian education ministry STRATEGY The charitywas aet0 athievefewof its objecthve5thlSfinanQal period byorBaniyryvariou5 eNEntsMrtually by variousgroups and departments in thechwch as merJtK)rab CORPORATE SOCIAL RE5PONSIBILtTY Thetrust also engages in wmmunity and corporate xKtal resFw¢sibrlithe& kme of the events and actwtbe5 organised annually bythethartty in the tommunrty Irdude: The MeTh's FelkJwsh¢p Conference. TheGood women of inffluence Co{rferen. The G¢)EdenAge Fello4¥ship la mOntty8et.together0f the5enioT CitiZW51 resident in the community. PAVETHE WAY PROJE Thi5 15 H rnorithly project ernbarked w bythetnjst that in¥o1*5thedeaningupof owsurrounding area5 and picking litter5 on the Street. Thi5 proje¢1 which has received recognonfrOM the Counol wasaffected by the pondemic Py5
THE REDEEMED CHRisnAN CHURCH OFGOD IRCCG} UVING PRAISE SUNDERIAND TRUSTEES'ANNUAL REPORTICtsntinuedl FOR THEYEAR ENDED 31 MARCH 2021 FAMILY PICNIC Despitetheverywarm weatherof summer. thetTUSt couW Th)t rts communlty based ann81 farn1 pKnic due to the IkdOWn Oc510ed bythe pandemi CHRIStMAS ACFIVMES The chaiityorganised a Christinas c3rol 5er¥ice on a l¢)w scaleduetothe government lockdown measure. The trust volunteers parkncipated in sharing Christmas carts and hampws care Imies based in Millfield aml Pallion communttyto spread the Christsnasjoy. sTATEmEoF1RvsrEEs. RESPONSIBILMES The charsty trustee5 are responsitAefor wep8ringttTAlstees. Annual ReFQrt andfinancial statements in accordance with applicable lawandthe United KIWM AccouMirstsThYard5 (United nE(hiM Genual A¢ceptedAccountI Pralte). The law applicable to charitres in England and Wales requiresthe truStt0 preparefinancial ststements for each financial yearwhi¢h give5 a true and fairview of the ststeof affair5 of thecharity and of the incoming resources and application of resourcesof the charityforthat p10d. In PreparithÈfinInClal siatements. the trustees are reqviredto: Selert suitable accounting poliues andthen apptythem Observe the methods and principles in the Charities SORP; Make judgernent estimatesthatare reasonable and prudent: Prepare thefinancial statements on the goi(0nM basis sjnless Èt is inappropriateto presume thatthe charitywill continue in 0ration. Thetrustses retognise their responslbllittes to keep coUnting f&(that &Lsclose with reawble accuracy at anytlmethe fJn3ncial posttion of the Crity enable them to ensure thatthefinancial Statements COMP withthe CharrtyAct 201L They are also respon%bf0r s3feguar(ling the assets ofthe charity. heneÈtskir£ reaSonae$ter forthe kyevention aThJ detection of frnud and other irregularities. The appended financial statements have been yvepared onthe accnAI ba55and have been examined by an independent examiner, whose report is a150 appended. Approved by the trustees and signed on their behalf ty: Name.. FyL(lo Pogtion: gnature: Date". Page6
THE REDEEMEDCHRISTIAN OIURCH OFGOD IRCCGI UVING PRSE YJNDERLAND INDEPENDENT EKAMINER'SREPORT TO THETRUSfEES OFTHE REDEEMED CHRisnAN CHURCH OF GOD UVING PRAISE PARISH I reportto thetneesOn ¥Tryexamination ofthe aCcOts of The Redeernal Chrisban Church ofGfyJ IRCCGI Liwne praise parish for the year ended 31 March 2021which i5set out on poge58- 12 RESPONsIBiullESAND BAYSOF REPORT As the chartytrustees of theTTus4 are resFMJnsibleforthe preparation of theaccounts in accordarKe ¥th the fequirements of theChaTttie5Act 20111'TheAtt"I. I report in respeLtof rnye¥amypliDll oFtheTrust'saccountscarFied undet secbon 145of the 2011Att and in tarryng rny examirwtl0 I havefollowed all the aFwtCae Direct•)nsg¥¥en 1ryvOIa[tty CoTh[ni50rt under 14515llbl of them INDEPENDENfEX4MIN£R'S STATEMENT I have completed my e2mination. I confirm that no material mattets have come to my attention in ConlOn with the eKaminion mecau5eto tdie4Ethatin anymaterial res. l. accounting records were tmrt kept rn rw oftheTruAasrequired irySLttion 130ofthÈA¢' or 2. the accounrsdo Th)t accord with rords.. or 3. the accounts do t cornplywith apFAti3ble reqrernents c¢xcemingtt form and ofthe accounrs set out in the Charitie5 IAccounts afid Reports) Regulations20D8 otherthan anyiEquirements thatthe actoutt5 wve a'true and fair, View whith is ntsta Matt cOndered as p3rtof an indeperthtexamination. I have no conwn5 and havecLXnÈ across rK* olher matter5 in connettion the examination towhich attention Should be dTrwn in thts reportin orderto enable a WOPErur5afinB0f the accountsto be reached_ Abiodun Akintebi FAIA AY0 Consulting Limtted 7th Floor The Balance 2 Plnfold5treet Sheffidd 512GU Pw7
THE REDEEMEDCHRtSTIAN CHURCH OFGOD IRCCGI LMNG pK4fsESUNDERLAND srATEMENTOF RNANCIALACllVTllESFOR THE YEAR ENDED 31 2021 Funds Funds Total Total 2021 2021 2021 2020 INCOMING RESOURCES IjonatnS. legaaes & mIlar1r0rnlDg re50ur¢es Activitie5 infurtherance of chairtrfsobiett 633Y) 63.950 72.504 18.216 other Income 5,930 Total Incoming Resources 72.317 79.757 96,651 RESOUR EXPENDED Charitable Expenditure 3.669 5,140 Managemert and GovemarKeCost Total fles0r Expended 63.777 83.283 67,446 88.423 Net IncominyJlOut8oin8) Resourcesforthe)Ear 4.872 1?.312 8.227 BALANCEAT BEGINNING OF THEYEAR 6.910 7.191 BALANCE AT ENDING OFTHE YEAR IL782 9.436 21.217 15,418 p¢e8
THE REDEEM£DCHRWN CHURTh OFGOD IRCCGI LMNG PR SUNDERLAND BALANCE SHEYfASATYEAR ENDED 31 MAR(112021 2021 2020 FIXED ASSErs Tangible Assets 17.064 23.325 CURRENT ASSETS Debtor and Prepayments Cash and bank balan 20.633 8.515 8,S15 20,633 SHORTTERM UABILMES Tred[to lamountfalling duewithin a rI 116,4801 122.9351 NEf CURRENT ASSErs 4,153 114,4201 LONG TERM LLABILfflES Creditors lamountfa11i due aftèr morethan one year) NEfkssErs 21,217 CHAAITY FUNDS Unrestricted IL781 9.436 21,217 6,910 1.996 Restrirted 8.905 Approved bythe trustees arKI $id ontheir behalf by: Name.. Positton.. Slgnature- Date: Page9
THE FIEDEEMEDOIRtW CHURCH OF GOD IRCCGI UVING PsE SUNDERLAND NOTESTO THE ACCOUNTS I. ACCOUNTING POLiaES lal The accounts are prepared underthe historical c05tcortvention and in accordancewith applicablÈ acounting stsndards. Theyfollow best practice as set out in Ihe Statement of Recofflmerthd Pradice: Accounting and Rewt¥ngby CharitieslSORpI MaFth 2fX)5 a5 mtrjified for ynallercharitie5. Ibl Income and exp11r0 is accounted foronan acuuals b Icl Fixed assets compTrse motor¥ehid4 fumitureand f1ttir comwtereouiinent and musical equipments Tangible fixed assets are ststed at cost les5 (kweciation. Depreoation is prw¢Jetl at rates cakulated to wrFte off thecost offixed assets le55 knrestimated residual value thr eted use4ul liOn th followin8 bases: M{01 equlpmo FurnilutE4nd fittirJ85 25% strahtlin 25% straight line 25% straight line 25% 5tratBht line Motorvehicle5 Idl un$tridfijndS a Incoming rUrCeS re*EdfOrthe0bi0f the chafity withoutfurther sFEafied purposeand aa¥ailable asgwwal fund& lel Re4trtcted ftjnds are subJectto reStrtOn thelre¥tvxkn impowj bythe1rdlmr Fur¥15 Total Total 2021 2. DONATrONS. LEGAaESANDSIMILAR INCOMING RESOUR Tithe 53.126 53.126 54.238 Offering Thankswvin8 9y3 9.543 15.442 1281 1.281 2.824 63.950 63.950 72.$04 Funds Tots5 Funds Total Funds 2021 2021 2021 2020 3. ACnVITIES IN FURTrIERANCE OF CHARITY OB3Ecrs Building Fnd Grft Aid 8,170 8.368 10.047 8,868 18,216 Pxelo
THE REDEEMEDCHRIStIATrl CHURCH OFGOD IRCCGI UVING PWSE SUNDERLAND NOTESTOTHE ACCOUNTS UnreAriCrJ Re5triLed Fund5 Funds Totsl Tottl 2021 2021 2021 2020 4. CHARITABLE EXPENDrrvRE DonatioTr 1521 Hollorariurrj 950 950 7¢N) Hotd & Accommodation 596 Wehie 957 957 Refreshment & Hosprtality 153 153 1323 3.669 5.140 Unre51ricted Restricted Funds Fund5 Total Totsl 2021 2021 2021 2020 5. MANAGEMENT & GOVERNANCECO WEM & COF 2.320 2.320 2.06D IrtsuraTrce S.672 5,672 5,658 AdminisÈrattve L633 1,612 Prlntlng 91 91 Stationery & Postage Profe55iDnal Fees 127 127 1?80 4211 4.211 Deweciation 7.010 7.010 4.621 Rent & Rate lo.) io.rA)o 13.460 RlfS & Mainienance 19,649 Staff C05t 26.387 26.387 24020 Telephone & Inte 571 571 I,trJi Travds 1.889 Training & 0401Th 273 273 1.329 Bank Charge5 991 991 T26 Utilitie5 2.031 2.031 1.247 63,777 63.777 83,283
THE REDEEMEDcHRts1N CHURCH QFGODIRCCGI LNING PRAISE 5UNDERLAND NOTES TOTHE ACc(xjrs IConttTruedl Mra1 Computer Furnitu & Equipment EquTprneAt Fitbn85 6. TANGIBLE FIXED AS Vehicle Totsl At l Apn"12020 34329 2.645 21,967 68.169 AdditionsdursnBtheyear At 31 Marth 2021 750 750 34.329 9228 3395 21,967 68,919 At l April 2020 Charged forthe year At 31 March 2021 17.709 5311 2579 18.745 4.189 1.209 1.392 7.010 51,855 21W8 7,020 20,137 Net Bookvalue At 31 March 2021 12.431 2.208 595 1,830 17.064 At 31 March 2020 16.620 3.417 3.222 23325 2021 2020 7. CREDITORS.. AMOUNT FAIUNG DUEWTtHIN ONEYEAR 16,480 22,935 16.480 22.935 2020 RESERVE ICHARtTY FUNDI Balance b/f Incoming Reyjur 6310 1,996 13781 88.481 7.569 72.317 7,440 8.170 Expended Resource5 67.446 74.681 13,743 Priorperiod Adjustrrt• 8alanceclf 16.5131 6.910 11.781 9.436 1.996 Py12