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 o￿lee.
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 ￿rl￿nI 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 Id￿15 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 rL￿lL￿ ihc risk% lo which th¥ charity is eX￿S¢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 ￿￿1￿11￿n￿ and of t]1¥ Lharily.
Th¥ ihJriiY is sJli%fiid ¢hai ihL S￿l¢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) li￿1 dpproval b). KCC(i- OvLrcom¢rs
Hous¢ L(￿L￿ShIp 1ml￿d iiiLinlKTS.
,IC'IIlLI'E￿1￿.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 Pr￿￿￿17￿8 gifis 10 Ihe IIKal community in Sm'inijon
C&4h donalions lo Swindon fix)d collLrUon
Ifonnally Swindon food bank)
Communiiy oulrL￿h 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￿)rlIn￿l by Cli.'ITiliL￿.. StJlin)Inl iTrl-RL*omm¥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 ￿2￿L()rdanC¢ wilh AcLy)uniing and Rip)rting hy CharilTh'. Slaten￿￿t of
RILilllllllLlidLd l rnliice 4lppli¢ablL li) eliariii¢% pnwrinkT IhLir accouiiis In ac¢c?rdancL w'illi I
F iniifiLial ￿'￿IllIn￿l 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 Tru*lL*% IL r4 LiiiilidL'ni Iliai wirli lh¢ c()nliDued sup￿)rt of Ihc conb4ikaiicin and appr()priaiL
mana¥¢rncni ol-LxFnd)IuTC. the ¥h￿￿h 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 ru￿rD¢Y of (he chariiy
L nd riiundLxI i(1 IhL nLaresi £
'rhL Chaniy has Idkctt adi'anlag￿ ofilK' LxLrynpli17n allow'Ld unthr S￿1()￿ 408 ol-1￿. C"omp&tti¢s
Aci 2006 and hds. noi p￿s¢￿t¢d ils own SLlletncnl ofFin&ncial ALIIVEIILS 111 Ih¢w' finonl￿1
Sialcmcnls.
-unds Accountin%'.
Lnri'%trtctcd fuii(I
Ihe5L Ll)mpri.%LS lunds whiLh L.'iii bL' uscd in uccordanle
l4.itli Lli¥ iliJrilablL' ubji*15 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 p￿IrtIcul{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 S￿IllL 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 includ￿1 in thL incomin& rty)U[c￿ ofrc5lriLi￿ funds
on rLXLipi
Oih¢r Tr)iialions'. InLome includ￿1 in ihe i￿ornIng rLsourccs on rcc¢ipt
Out
oin
Resour¢cs'. All ouigoing r￿QUr¢(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 L￿￿L￿ 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 p￿Par{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 s￿lI￿n
14.5 ol'ihL 2011 ALI and in carrying oui my examination I ha%,¢ foll1?w￿l 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 Mal￿ty 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 r￿OrdS werL' noi kLVt in resp￿1 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
eXaMi￿110n 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¢ '.

qtrj

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'h￿Ink￿bYlN.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
I1￿7nK 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
IJDIe￿Iltrd
Fund
Rcsrictcd
Ilnie%1ic￿d
Fund
Rc4ricled
Fund
T(*41
2D22
202.1
Ilircll C-h•riiAblr b'.Iptnditvrr
i"hurih I..1[￿n￿%
i-hur¥h car ex￿7￿￿%
Ikk)k%. Inlimaiiiin & PuhlKol
('onl jfinL¢wi.If*L
-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 eX￿n￿l
Iu¥i¢ I.1¢e￿e
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 & %IAinitn*nct
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 InrLst￿ll ()f104m obthind iowards thi purchase of n¥w churLh
huildiii¥* and HirL pu￿ha￿* 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- ChU￿h 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. D￿pr￿la1IOn is ch4WbJL￿ at I￿/(• usin
r¥duLinLi bulanLillbi mLihod.
Church Building is cwri¢d at NBV DLpreLhaiLxI is ch8rbLxI on at 50/rfJ on
bal￿1n¢Ing¥ mcih(xl.
14