IIC CG OvLrLoiiiers l-louse Swindon Trustee% IIL'port and Financial Statcinenl For the Year Inded 31 December 2023 Charity Registered Number: l 130954
RCCG Oi'crcomcrs I l()use, Swindon Ci)iilLnls i)I" tlic Fiii¢inLi<il SialcmLnts F()r thL Year EndLxl 31 DccLinbLr 2023 Contcni Reterencc and Adminislrativc Inforniation Trustees Report IndL'pendeni Examincrfs Report Income and Expenditure Account Balance Sheet (Stalement of Financial Position) 10 Noles lo ihe Financial Statements 11-15
RC'C'(i OvLrLI)Incrs House, Swindon RL lirLIILL' and AdininislralivL Information F()r tl)e Year EndL'd 31 st Dcccmber 2023 Registered olee. The Redcemed Christian Church of God God Overcomers House Cramplon Square SN3 3JJ Trustees: Mr Olakunle Dardmola Mr5 Ad1[ Olomoshua Caroline Mohone I linister In Charge: Pa.%tor Kunle Gabriel Adegboyega Bankers: HSBC Unil 6, The Lock. Canal Walk, Skn'indon SNI ILD
RF.GISI LRI.D CHARITY NUMIIER. 1130954 RCCG Oi'crLomLrs 11()usL. Sil indon Trustccs Rcwrt For the YLar Ended 31 DLYLmber ?023 The rlnI Ihiif TLP()rt '11h lh¢ financial 5kn1¥micniS of Ihi churLh for ihe year LlliliLI I I l)ieemb¢T •023 'Isi()N: FILIpiiibi jii(Iii Id15 lil disic)I'Lr and inl() a¥tuali%alion. thL purpose of Cjod f()r ihcir lii'LS Ihrvugli laiili In Cr(xl sUStJininb h()p¥ in Chrisi JLSUS. Th¢ Lifbianisaiion is J chaniy and &YOVLYnthl by o ITU niad¢ on ?3rd Jun¥ 2(X19 'rhL In151¢¢5 id¢niify and rLlL ihc risk% lo which th¥ charity is eXS¢d Jnd cn4ure appr()priaie L()nin)l% dr¥ in pla¥¥ li) pN)vidL TLas41nabl¥ a55uranLL agiuinst fraud and error in pJrts¥ul¢ir Ihc)%L rLldi¥yl io ihL 111n and of t]1¥ Lharily. Th¥ ihJriiY is sJli%fiid ¢hai ihL Sl¢m5 ar¢ in placl io miligaic thLir ¢xposur¥ io IhL 11lajl)r risks Tli¥ charity 1% Ilpin lo ihL usual linancial risks of any organisation and ihe charily has introduc L()Iilriils lil minimi4L IhLs¥ risks. such as 1I4'l) 4lgn.'IluT r¢quirLd foryJa)TnLnl4 IroTn IhL bank 1ciiiuiiI Iii kiddiiii)n. Ihi a¥i()unl_s drL fl'iulatly explained to lnCmt ol'ihe Lhdriiydnd are VPLn lair liiksiihirs in%pLxlioii al Jny lilliL.
TruslLi% .'IrL Ji)IX)IlllLxI bi. slriil %i)Iritual guid¢linLS bibliLth qualities thal Ll?Lll-l)ri C'liribi likL aiiribulLS. Ap)in1¥1)lnts arL subj¥it li) li1 dpproval b). KCC(i- OvLrcom¢rs Hous¢ L(LShIp 1mld iiiLinlKTS. ,IC'IIlLI'E1.NTs klPiD PERFOR.11,INC Tr. 2023: Th¥ IhurLh a]sA) r¢xLii LXI gyill aid funds frimi the govLThmcni which il has Usi IL)r ¢hthiJlTrlL donaiions ov¢Y the year. Chariiable donaiioii% illLlud¥'. RLbular tX)naiions towards Feslivul ofiifL IFOLI C()mmuniiy Ouircxh Ev¢nts including Pr178 gifis 10 Ihe IIKal community in Sm'inijon C&4h donalions lo Swindon fix)d collLrUon Ifonnally Swindon food bank) Communiiy oulrLh evertis 2nd sUPPOrt 10 l(xal ehdriiiLY and cldLTly homes in Swindon Regular donation Compa&8ion UK Rcbwular Donaiion io RCCG World Ev*)gelism Mission Support for RCCG ChippenhTrm ProN'isional Coniribuiions RcgulJr Donaiion 10 RCCG CLYbtra] 0]¢¢ l)N IlTr-IlIlLF OF 'fiiE I'RVSTEES: C'hAiri)erson -5i'Lrcixr)
11('L'(i ()i'L'rL()IIILrs I liiii%c, Siviiidon N()ILs to IIiL l.ii)ai)Liiil Sliilc'inLii15 l.or ilic Ycar l-'n(ILd 31 DLccmbcr 2023 IILlI)unliii PciliLie%: B..i%is of i)repar&tioN account5: I IIL J¥L()uni% &lTL pfL'PJTL%I Iii aLL()ftldnLL with IIIL ¢hJriliL% SORP 11.-Its 102P ..liii)untinsi :Ind Rl)rlInl by Cli.'ITiliL.. StJlin)Inl iTrl-RLomm¥ndLYl PriqLliLL appliLable li) iliarili¥% prLPLirin¥ IIILif JLLiTruni% in aLcordJniL Ii'iil) IhL Financial IILp()niii St&indard appli{7h1L 11) thi UK Rrpublic ofirLlaiid 11.-RS 1021 ILrre¢iivL' l January 2019), IhL' Finan¢Lal Rqx)¥lingi SiatsdaTd Jpplicable in lh¢ UK and R4)ublir of Ircliind Il.'RS 1021. Thl Lharilv Consliluies a public bcnefii eniiiy a$ (kfincd by FRS 102.'1'he financial slalcm¢nl$ haic bLXlI prypJrcd iii 2L()rdanC¢ wilh AcLy)uniing and Rip)rting hy CharilTh'. Slatent of RILilllllllLlidLd l rnliice 4lppli¢ablL li) eliariii¢% pnwrinkT IhLir accouiiis In ac¢c?rdancL w'illi I F iniifiLial 'IllInl Siaiidard appli¢abl¢ in IIJL UK Rlpublir ofiriland issuL'd Jn IK-l(l'r ?0141. Ihl Finan¢iJl RLwrtinb Sthjidard dpplicabll in the Unil¢d KiJibp(loni and Republic oflrcland I.-RS ]()? the C'h4ri1iLs 2011. Ihc Conwani¢s Acl 21K)6 and UK CiL'nL'rally Arclyed ci)uniinb PrnLIIci. -rii4 TrulL% IL r4 LiiiilidL'ni Iliai wirli lh¢ c()nliDued sup)rt of Ihc conb4ikaiicin and appr()priaiL mana¥¢rncni ol-LxFnd)IuTC. the ¥hh is a going ¢¢)n¢¢rn and will conijnuc lo k rtnan¢ially viable in IhL Ic)rLX'LablL luiurL'. '] hL fiiiart¢ial siaiLmenis are prepared on a going conc¢m basis unthr thr hi51()rie41 cost or ITan&iclion i'aluc unlcss oihL'fwis¢ 51aiLd In ih¢ r¢l¢iani aLctsunling JxiliLy nolds). 'I'hc linanLiJI %lalciiiinis lfl. prtscnlrd in sierliog 'hICh is ihe lunLiional rurD¢Y of (he chariiy L nd riiundLxI i(1 IhL nLaresi £ 'rhL Chaniy has Idkctt adi'anlag ofilK' LxLrynpli17n allow'Ld unthr S1() 408 ol-1. C"omp&tti¢s Aci 2006 and hds. noi ps¢t¢d ils own SLlletncnl ofFin&ncial ALIIVEIILS 111 Ih¢w' finonl1 Sialcmcnls. -unds Accountin%'. Lnri'%trtctcd fuii(I Ihe5L Ll)mpri.%LS lunds whiLh L.'iii bL' uscd in uccordanle l4.itli Lli¥ iliJrilablL' ubji15 lil Ihl disLfLlivn ofthl 1ruslix. Rcstricle(I fund%- li hiLh is rni%d lor partiiular rLslrI¢iL purw)K's dnd can onli. bL Us111 li)I IIIL)%i pIrtIcul{1r rL*itiil¥NI purw%Ls wiihin ihL objLiiS ofihc chaniv.
Inioniin r¢*i>iirces'. Illl inloiiiingy rnx)urLe8 arL iniludcd in ihL sl<ilLincvI of finanilLII .l¥lii-LtiLs 11.hLryI Lharily 14 Lillilli ii) IIIL illL(1111¢ aiid IliL amouni L¢?ii hc qLI:11)liliLMI i%'itli [La}n:1b1e acLuracy. Thc (ollowinLT SIllL wlici¢s wc appliLd to Ihl PUrtiiul:Ir ¢aiLbTufiL%: TithL% 1nd otT¢rinb) tsnd Tlianksbiivings.. These incomth arL includd in ihe incomiiig i)n fLXLiPI. Donaiii)ii% for buildink.. IncomL includ1 in thL incomin& rty)U[c ofrc5lriLi funds on rLXLipi Oih¢r Tr)iialions'. InLome includ1 in ihe iornIng rLsourccs on rcc¢ipt Out oin Resour¢cs'. All ouigoing rQUr¢(S are includLyJ in thc financial slalcm¢nLS on aclrudl b&%14. 'alue ,Idded -IAX'. VAT is noi rLYovLTabl¢ by ih¢ ¢harily. and as such is includLxI in the wlcvont ¢osls in th¢ statemeni of financial 4Ctivilie5.
C'CC: I)I'Tr-RC()111.' RS 1101 .5. INI)I) rLPlrt to ihc I'rustlLS my txaiiiinali()n of ihL aCLI)unis of RC"CG QvLrcomet5 House s.711(10n f()T ili¥ r LL 31 DLYLYiibLr ?023. whLLh arc 8L't out on pagcs 4 1() 5. R¢spociii c responsibiliti¢s of truslees #nd tx#min¢r IhL Chariiy Tru$iLLs of Ihe Trnqi. you ar¢ rls}51bIL for the pPar{li10n of th¢ Ill& in aeeordlL nce with IhL rLNuifLineni8 ()[ ihL Charili¥s Aci 2011 I'TIIL ALI"). F.'pon in rL¥p¥Yl ofmy Lxamination orth¢ Trustees accounls LarriLXt out undLr slIn 14.5 ol'ihL 2011 ALI and in carrying oui my examination I ha%,¢ foll1?wl all Ili¥ dppliLablL Dirwlions given by ihe Charity Commission under swlion 145151{bl ol'ihL 2011 Act. Indcpcndcn¢ c¥Aniincr's stAtemcnl I liai'¥ ¥oinpl¥i¢d 11)y Lxuniin411ion. I confirni that no malLYi81 Malty havl lo my atteniion in ionn¥Klion M'iih ihL Lxaminaiion bii'in&p mc cuusL io iK.IiL%'L IhJi in dny maicrinl rL'speci'. (I l accounting rOrdS werL' noi kLVt in resp1 of th¢ charity as reqUIrn by seciion l JO of IhL ALI: i)r {21 thL accounls do noi accor¢J wilh ihosc reconls; or 3) th¢ accounts did nol comply with ih¢ applicacle requirLxnenls LonceminbP Ihi filmi and Lontlnt ol-a¢iounis set oul in IhL Lharili¢5 IALLvunis and RLy)ris) RLbvul4Llii)n5 2008 uiher thttn any r¥xiuifL'mnLI ihal th¥ aLLouni% 'lruc and lai¢ i'iLw which is noi a n)a¢¢ir Lonsid¢rL.d a% pdrt of an ind¥pindLnl cxaniinaii(Jn. I hav¥ n() L()nLLms Jnd haYL LOML aLfos5 no nthcr mlctiers in LonnLYlion M'iih ihL eXaMi110n to which aiiLnli()n should iK. drawn in ihis r¥wTrn in or(l¥r li) LntiblL 41 1)ri)i)Ir und¥T5tdndinL i-IhL dccounls to bc reachLId. Signed: Rel¢vdnt prDILssional qualifiLiilion{sl or imxly lifanyl.. ..ICC'.. Nam¢'. ()lulunmildyO D Olddipo Adr¢ss'. ()() RudloL Drive, ljluuLeslLr. CAL2 2FY Dat¢ '.
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UnrisiiilLYI Re.%riilLyl Unti%liLicd ResriLied 2(Tr23 61).(M>3 122,Q.lQ 14.()25 45.8• 48.4.111 ?1.59¥ ?022 86.9(KJ 83,69 1.27R 40,127 48.673 ()IILnnb 11().9110 83.098 11.275k 40.127 '1'hInkbYlN.inB ?? ?Ipi 71 54lX ?¥h.-171 26.137 4(73 I)ILdbL 277.476 2fy.1.17 22&11D.I 411,673 Tothl 2022 ?) InicrLsi ReLLivcd l-.und I17nK iniir¥%l RLYLlI'¢d 267 Unrlsiicted Fund Resricted Fund 31 Capital cosi Equlpmenl & Featuies 140,492 Church Bus 11.025 Church car 16,870 168.387 41 Purchase of newbuildinR Deposit paid building 368.913 Mortgage payment 26.905 395,818 li
$1 ('haniahl¢ l.'IiYNliiure IJDIeIltrd Fund Rcsrictcd Ilnie%1icd Fund Rc4ricled Fund T(41 2D22 202.1 Ilircll C-h•riiAblr b'.Iptnditvrr i"hurih I..1[n% i-hur¥h car ex7% Ikk)k%. Inlimaiiiin & PuhlKol ('onl jfinL¢wi.IfL -1.25A 1.914 1.025 Ii.oAo 6.4 4.4H7 3.251 1,914 1.025 ij.oxo fp.41KJ 4.487 7.4.15 J,557 l.W7 .552 4.425 4R4 1.997 4.425 4A4 3.0(TrA 3.(XJ 3.344 Kill ihiireh eXnl Iu¥i¢ I.1¢ee 24? 159 784 24rJ 159 784 359 2.IlXI 359 2.1 Iliinwr.'Irium Rciiirll.In¥ Ip h¢ad offi¢c Ckns1S 65.921 6S,921 2.879 4Ab71 51.226 51.226 I ra%'LllinB fJ' Pen%ion¥ 4.671 3h72 3,072 ppri cost Finan<c l In%urlln¢¢ ClcJAnin¥ F.qyipmcnl cxpeThse l.¢bial &. Prof¢K4i(mul frcs ()ffiL¢ Ci¢ncrJl Adm. Exp. SoftwarcHnd Web411¢ CO41 'rclephoncafid 6J05 6J05 6.500 819 4.fifll 4bJ 463 4568 819 S(X) 49 SX) $30 1.9A3 1.2( 1.2fj0 14fy.997 140.ty)7 61 BuildlNI & %IAinitnnct 13uilJiN¥ Refvrbishmcni Repairs & Mainknance Llr¢iiicily Gu5 Waste DI4p)5al Waier 2.49D 2.4 4)1 1.012 438 1.(I82 1.480 451 .480 451 ?.182
2023 2n22 Si Iil'iii%l 471111 Nuinbers 65.921 51.226 IKLJI %LLurity Lost 4.671 -3.672 711.511? tli if'igl nUn1.r ol. stalT Admin Stall 81 1.-inanLL Cosi ThL linan¢¥ ¥051 paid InrLstll ()f104m obthind iowards thi purchase of n¥w churLh huildiii¥ and HirL puha ofchurLh car complLieJ in April 2023 und (k'iibbL'r 2023 91 Amuunis fallin¥ due wiihin onl. yw.. 2023 2022 ALcrwls- %1ongdb PaymL'nls HirL' purchase - ¢huTLh car 41.-520 7.48a 49.(MM) 101 Amouni duL after l year Bank Loan- ChUh buldin¥ 596.821 Moior Vehi¢hle 73093 66C).g14 13
Fixturff & CliurLh cquipiiILiII buil(ling I l TatlbTiblL Fixlxl Total 9.683 268,355 278,038 ad(liliÉins 90.765 140.492 I,220.5 1.451.262 DiNpL)%als 1268,3551 (268.355) .1111212023 l)0.71J5 150.175 1.220.005 1.4()0.1)45 DLpfLYllltion 0110112023 .336 68,025 69.361 Lhdr&k lor vear 3.761 6.629 12,21X) 22,589 EliminalL on disrATr5al 168.0251 3111212023 3.761 7.gh5 12.200 91.950 NBV 3111212023 87.005 142.210 1.207.5105 1.3(Tr8 4)95 0110112023 1.148 8.347 200.202 ?08.()77 EquipmLnis for UEC by th¢ Charity arL' ai Cosi Il dLwfLxiaiion. Cost ofass¥l les% ilian £ I ar¢ capilalisLul. Dprla1IOn is ch4WbJL at I/(• usin r¥duLinLi bulanLillbi mLihod. Church Building is cwri¢d at NBV DLpreLhaiLxI is ch8rbLxI on at 50/rfJ on bal1n¢Ing¥ mcih(xl. 14