2023-12-31-accounts

Charity number: 1136408 REDEEMED CHRI IAN CHURCH OF GOD ('RCCG') THE CITY OF GOD, DARTFORD TRUSTEES, PORT AND FINANCIAL STATEMENTS ENDED 31 DECEMBER 2023 FOR THE

REDEEMED C RISTIAN CHURCH OF GOD IRCCG,) THE CITY OF GOD, DARTFORD | cowrENTS | Page Reference and administra ve details of the charity, its truBtees and advisers Trustees, Report Independent Examiners port Statsment of Financial vlties io Balance Sheet li Notes to the Financial Sta ments 12-17

REDEEMED CH STL4N CHURCH OF GOD ('RCCG') THE CITY OF GOD, DARTFORD TIVE DETAILS OF THE CHARrrY, rrs TRUSTEES AND ADVISERS REFERENCE AND ADMINI OR THEYEAR ENDED 31 DECEMBf- . ?23 General Overseer Pastor. E. A, Adeboye Trustees Mrs. Adeyinka Adetola Ogunnaike Pastor. Babatunde Adewale Sofowora Pastor in Charge Pastor Adetutu Sofowora Charity Registered No 1136408 Principal Office 193 Crairford Road Crayford London DAI 4HA Accountants Lighthall Consult (Chartered Certified Accountant8) Unit 128 First Floor 415 High Street London Ei5 4QZ Bankers Barclays Bank PIC

REDEEMED CH STIAN CHURCH OF GOD ('RCCG') THE CITY OF GOD DARTFORD TRUSTEES, REPORT FO THEYEAR ENDED 31 DECEMBER 2023 The trustees have pleasure i Redeemed Christian Church confirm that the annual repo Acts of 2011 and the State Reporting Standard for Smal presenting their annual report and the financial statements of The f God ('RCCG') for the year en&d 31 December 2023. The Trustees and financial 8tatements of the church comply with the Charitie8 ent of Recommended Practice in accordance with the Financial r Entities (SORP FRS 102). STRucfuRE GOVERN CE AND MANAGEMENr a. CON8TrrLrrIoN The Church is constituted June 2010 with the Chari nder the church governing doèument and registered on the 16th of Commission with a charity registration number 1136408. b. METHOD OFAPPO ENf OREIECTION OFTRUSTBES The management of the the terms of the govei ,,il Trustees during the year urch 18 the responsibility of the Trustees who are co-opted under locuments of the chureh. Th re were no changes in the Board of ded 31 December 2023. C. POUCIFS ADoYfED R THE INDucfIoN AND TRAXNING OF TRUSTEL8 and trained in their legal obligations under the charity law. The n the decision-making process¢8 and current financial performance encouraged to attend appropriate external training events which edge in their role. The ChaTity Commission updates are also issued. New Trustee8 are educat Thistee$ are also updated of the charity. Tll￿tees a will facllitate their kno forwarded to Trustees wh d. ORGANISATIONAL S The Church 18 organized s the Parish Pastor and a functions of the charity. consulted on all material operations. ucruRE AND DECISION MAKING ch that the day-to-day running of the church has been delegated to sted by a member who oversees the Finance and Administrative e TTh￿tee detennines the ¢haTity's Strategic direction and is tters. Trustees meet formallywhen required to review the church's

The Trustees are propo place of worship, whic already in place and co g to purchase the church building, currently rented as a permanent can provide more stability and a sense of community. Processes are incurred to make this achievable e. REIATED PARI TIONSHIPS Redeemed Christian C Church ofGod (RCCG), an 'Agreement for Com in the United Kingdom. rch of God -The City of God is a member of the Redeemed Christian hich has parishes all over the world. The relationship is governed by on Purposes between the Parishes and the Central office of the RCCG f. RISK MANAGEM The Trustees have thoroug them. EnsuringT the church, growth. y assessed the major risks and have systems in place to mitigate operations and finances are safeguardcd is crucial for its stability and

REDEEMED HRISTIAN CHURCH OF GOD ('RCCG') THE CITY OF GOD DARTFORD TRUSTEES. REPORT (eontinued) FOR THE YEAR ENDED 31 DECEMBER 2023 The charitys objects are The advanceme of the Christian religion and faith for the benefit of the public f charitable works and the purpose8 of the charity for the benefit of the as the trustees may decide from time to time The furtherance public communi It pursues these objectiv in c/0 193 Crafford Rd reaching out to the one- s through the operation of a center for Christian worship at its premises Crayford, IK)ndon, DAI 4HA and by programmes of events aimed at urch together with a range of ¢ommunity-eentered projects. PUBLIC BENEFrr STATE The Trnstees are aware Trust are charitable and the Trustees have taken and its supplementary p RCCG, The City of Co outreaches that are foc f their responsibility to ensur¢ that the activities and objectives of the enefit the publie. In detennining the best way to pursue these objectives n board the Charity Commission's general guidance on public benefit lic 8uidance on the advancement of religion for the public benefit. though a religious Charity has core community-based projects and d benefittin8 the public and it$ immediate community. srRAThGIES FO CHIEVING OBJEcfivES: The church's strategies f The Charity mak provide emerge community. The City of God areas. The fo conferences aime children raised b Party for Mum" a achIe￿llg these objectives were.. s regular monthly contributiotss of food Stuff to Dartford food bank to food and support to people experiencing crisis in the Dartford dedicated to supporting mothers in its community and surrounding of this dedication is on providing knowledge-based seminars and at helping mothers improve, which in turn has a positive impact on the these mothers. This dedication is carried out through events such as d "Mothers on their Knees".

The City of God al focused on providi and provides semi has an annual event tagged Unlocking Your Treasures, this event is g support for children with educational challenges in the community rs on how parents can get the best out of their children. The City ofGod pro events. 'des financial support to other charitable organisations and Christian b. VOLuNfEERS The Charity is grateful for t value on the efforts of our v which caters to the welfare volunteers continue to pro e untiring efforts of its volunteer workforce. It is impossible to put a unteers. We do, however, hav¢ workers, training programme in place spiritual, and socioeconomic development of these individuals. The e an invaluable contribution in the following main departments: Administration/Publication 14inance Treasury Men fellowship Women Fellowship Evangelism Choir Usher Children's Church Youth Church Hospitality Protocol Welfare c. GRANT MAKING POLICIE The trustee would make gra The church has agreed to Christian Church of God. congregation who are in ne t.8 available to other charities at have similar objects as the church. ake an annual contribution to the Central office of the Redeemed n addition, the church also rovides support to members of the

REDEEMED RISTIAN CHURCH OF GOD ('RCCG') THE CITY OF GOD, DARTFORD I TRUSTEES, REPORT (continued) OR THE YEAR ENDED 31 DECEMBER 2023 AcHIEVEMEwfs AND PE ORMANCE There has been tremendo and in the advancement, Statement of Falth as CO financia] support to other growth in the physical and spiritual life of the church during the year f the Christian faith in accoNlance with the doctrine set out in the ained in our governing documents. The charity continues to provide arities operating within its objects. The charity also provides the UIL nancial support to the Festival of Life prayer event held bi-annually in FINANCIAL REVIEW The Trustees have a strat the future. This will enabl financial obligations and long terni. The Pastor in charge was ic plan to build up a general rqserve that is supported by liquidity for the Charity to be in a sound financial position to continue meeting its positioned to continue to deliver its eharitable objects in the id £4,500 for the 9 months b¢tween April 2023 and December 2023 PLANS FOR THE FLryURE The charity continues to and getting more involve and continue to develop it The charity also aims at a Furtherance of the Shepherding the p Organising semina Getting members plore way8 to evangelise in an effective manner by raising its profile in the community. The charity is also looking to grow In membership members to make a positive impact in the business world. le￿n8 the following in the near future: pel ple of God s and conferences to empower wembership of the church & community the church involved in effective lay ministy.

STATEMENfs OF TRugfEE RESPONSIBILrrIFS The Trustees are respons accordance with applicable le for preparing the Trusteef, report and financial statements in aws and regulations. The law applicable to charit statements for each financi and of the surplus or defic the Trustees are required t s in England and Wales requires the Trustees to prepare the financial year which give a true and fair view of the state of affairs of the church of the church for that period. In preparing this financial statement, Select suitable acco Make judgments an Prepare the financi presume that the nting policies. estimates that are reasonable and prudent. I statements on a going conc¢rn basis unless it is inappropriate to rch will continue in operation, The Trustees are responsib accuracy at any time the financial statements com safeguarding the assets of t detection of fraud and othe for keeping proper accounting records that disclose with reasonable ancial position of the churcH and enable them to ensure that the ly with the Charities Act oil. They are also responsible for church and hence for taking reasonable steps for the prevention and irregularities. The Trustees approved this 232* eport on ---. ------ --_--------.. and signed on its behalf by Mrs. Adeyinka A etola Ogu naike Mr. Babatun Sofowora

REDEEMED HRISTIAN CHURCH OF GOY ('RCCG') THE crry OF GOD INDEPENDE1￿ EXAM We have examined the balanc£ sheet for the yea have been prepared un Statement of Recomme Entities (published Sept RESPEcfIvE RESPONSI The responsibilities of t in accordance WAth appl Kingdom Generally Ac responsibilities. NATION REPORT: tement of financial activities including Income and Expenditure and ended 31 December 2023 on pages io and ii. These financial statements T the accounting policies set out therein and the requirements of the ed Practice in accordance with,Financial Reporting Standard for Smaller mber 2016). LTfIES OF TRUSTEES AND INDEPENDENf EXAMINER Trustees for preparing the Trustees, report and the financial statements able law and the United Kingdom Accounting Standards (The United pted Accounting Practice) are set out in the Statement of T￿￿teeS The Trustees have eonsi 144(2) of the Charities red that the audit of the financlal statement8 requirement under section ' (the 2011 Act) does not apply. nder section 145 (3) of the ChaTlties Act 2011 and report under sectlon ponsibility to independently examine the accounts, without performing Trustees. We have been appointed 156 of thatAct. It is our an audit and report to th BASIS OF INDEPEND This report is in respect and in accordance with t 145 (5) (b) of the 2011 charity and a comparis consideration of any unu the trustees concerning evidence that would be r the accounts present a ' statement below. x￿￿NER¥s STATEMENI an examination carried out utsder section 145 of the Charitie8 Act 2011 e general Directions given by the Charity Commissioners under section An examination includes a review of the accounting records kept by the n of the accounis presented with those records. It also includes ual items or disclosures in the accounts and se¢king explanations from ny such matters. Th¢ procedures undertaken do not provide all the quircd in an audit, and consequently, no opinion is given as to whether e and fair, view, and the repo is limited to thos¢ matters s¢t out in the INDEPENDENf EXAMI Based on our examinatio believe that in any mate Section 130 of the Chari record8 or complywith t to our attention in conne drawn to enable a proper Signed by: Lighthall Consult (Chartered Certified Accou Tax ConBultants) Unit 128 First Moor 415 High Street London Ei5 4QZ '8 STATEMEivr , no matter has come to our attention that gives us reasonable cause to al respect accounting records h, t been kept in accordance with es Act 2011, or that the account< 'nted do not accord with those accounting requirements of the Charities Aet 2011. No matter has come ion with our examination to which, in our opinion, attention should be nderstanding of the accounts., ants & 10

REDEEMED C RISTLAN CHURCH OF GOD ('RCCG') THE CITY OF GOD DARTFORD I TATEMENT OF FINANCIAL ACTIVITIES rporating Income and Expenditure Accounts) R THE YEAR ENDED 31 DECFMBER 2023 (In Recommended categorles by actlvlty Unrestricted funds Re8trlcted Ineome ￿Thd8 Total funds 2023 Note8 Prlor year funds 2029 Incomlng resour¢e8 Income and endowment8 from: Donations and legacies Charitable activities 249,001 32,910 281,911 130,057 Other Total io 28 Re80urce8 expended Expendlture on: Charitable activities Separate mllterial item of expense Other io 136,214 136,214 129*614 Total Net Income/(expendlture) before Inves galns/(los¥e8) Net Income/(expendlture) Other reCo￿l8ed galns/(1088e8): Net movement infvnd8 ent io io 111,846 32,910 144,756 12,223 Reconeiliation qffynd8.' Total funds brought fonyard Totalfvnds carriedforward 60 06 All disclosures related to th other than those disclosed a The notes on pages 12 to 17 continuing operations. There are no recognized gains or losses ove. rm part of these financial statements

REDEEMED CHIUS CHURCH OF GOD ('RCCG') tHE CITY OF GOD DARTFORD BAIANCE SHEET AS OF 31 DECEMBER 2023 2093 20113 a029 2022 Notes Tan8ible Fixed Assets 12 12,870 9￿5 ,870 91535 Debtor8: amount$ falllng due wlthln one year Cash at bank and in hand 13 81750 20 2059965 59,4 CREDTfoiL81 Amount falling due wlthln one year 14 6,660 1,560 NET CURREWf ASS 199,305 57,884 Amount falllng due after one year 88 TOTALASSETS LESS CURRENf LIABI Restricted fund8 Unre8trfirted fund8 39,769 6,859 60 60 TOTAL FUNDS The fina cial statements were a roved by the Trustee8 on -__ -and signed on their behalf by Mr8. Adeyinka etola Ogunnai Mr. Babatunde Sofowora 12

REDEEMED CH STIAN CHURCH OF GOD ('RCCG') THE CITY OF GOD DARTFORD NOTES TO THE FINANCIAL STATEME￿rs FOR THE YEARENDED 31 DE¢EMBER 2023 1.1 B&si8 of preparation of nancial statements. The accounts have been prepa Statement of Recommended P Accounting and Reporting by d under the historical cost convention and in accordance with the actice in accordance with Financial Reporting Standard for Smaller Entities harities (SORP FRS 102) published 31 March 2018. 1.2 Fund accounting General funds are unrestriete furtherance of the general obj purp08es. Designated funds c specific purpose. funds which are available for use at the discretion of the Trustees in tives of the church and which have not been designated for other mprise unre.8tricted funds that have been set aside by the Trustees for a Restricted funds are funds tha by donors which have been rai Administering Such funds is c are to be used in accordance with specific restrictions imposed ed by the church for specific purposes. The cost of raising and rged against the specific fund. 1.3 Income and Endowme All incoming resources are i entitled to the income and the Gifts in kind donated for dist distributed to the projects. Gi Donated facilities are include bearing the cost. No amounts luded in the Statement of f4inarycial Activities when the church 18 legally mount can be quantified with reasonable accuracy. bution are included at valuation and recognized as income when they are s donated for resale are included gs income when they are sold. at the value to the church where this can be quantified, and a third party is e included in the financial state ents for services donated by volunteers. 1.4 Expenditure All expenditure is accounted f aggregate all costs for allocati have been allocated on a basis r on an accrual basis and has beeh included under expense categories that n to activities. Where costs cannot be directly attributed to aCti￿ltIeS, they onsistent with the use of the resoilrces. Support costs are those costs i include project management c Governance costs are those i constitutional and statutory re eurred directly in support of expenditure on the objects of the Church and ned out at Headquarters. urred relating to the administr uirements. tion of the church and compliance with 13

REDEEMED RISTIAN CHURCH OF GOD CRCCG,) THE CITYOF GOD DARTFORD OTES TO THE FINANCIAL SrATEMETr￿S R THE YEAR ENDED 31 DECEMBER 2023 1.5 Tanglble Flxed Assets d Depreelatlon Tangible fixed as8ets are 8tste write off the cost of fixed asset following ba8es. at Cost less depreciation. Depreciation is provided at rates calculated to le88 their estimated residual value, over their expected useful lives on the Office and Church Equipment: Furniture & Fittings: 25% strai Other Equipment: 33.3% Strai 5% otraight line ht line t line Ineom¢ and ondowments Re8trl¢ted Unre8trlctsd Fund8 Fund• 90118 Total Fund8 Fundo 80*3 2022 2043 Total Income and endomnent Donatlon8 io 20 12 118 3. Donallon8 & Other IxBaele Planned givlng (Building Fund) Income tax recoverable- 81ft ald Collectlon at all Services 201R3 321910 43,689 2051312 20811 11,481 1181575 281 li Other Income 9023 2023 90211 Rental Income Interest income 13,328 li. 4. Charltsble Donatlon8 to tutlon8 Re8trleted Unre8trlcted Funds Fund8 2023 2023 Totsl Totsi Funds Fund8 2023 2022 Charitable donatlons 28 14

1. IASt of Institutions Donati s Payable Name of institution Donation des¢ription 2023 2022 RCCG- Central, WEM and Area Offiees Advancement of Christiatt faith worldwide 25,528 25,553 Missions and other Churches Advancement of Christiap faith worldwide 3,196 3,296
2. Expendlture by Charltable vlty Re8trlrted Funds Unrestrleted Funds Totsl Total Fund8 2022 2023 8023 2023 Advancement of Christian Faith 28,724 281724 28,849
3. Governance C08t8 Restrlcted liunds Unrestrleted und8 Total Funds Total Fund8 2022 2023 2023 2023 Accountants, remuneration 60

4. Dlrect C08ts Advancoment of Chrlstlan faith 2023 Basis of Alloeatlon Total 2023 Total 2022 Visiting speakers, expenses Welfare Conferences Health & Safety Children & Teen church costs Mothers club costs Actual Actual Actual Actual Actual Actual ,805 420 663 1,869 13,805 420 663 1,869 13,232 4,200 430 264 600 600 17, 17, 18,126 15

5. Support Cost Ba81& of Allocatlon dvancement of , Chrlstlan falth 2023 Totsl Totsl 9023 2029 Entertainment, h08pltality Communicatlon Advertising and publicatlon8 Repalr8 and maintenance Travelllng expen8e8 In$uranee Actual Actual 7331 7,331 1,965 3,017 12,641 1,972 11965 3,017 Actual 304 Actual Artual Actual Actual 220 220 947 851 11459 1,570 Printlng, po8ts8e & Stationery Sa]arie8 & Wage8 Office Admln Bank tharges Rent and rate8 consultan￿ Fee8 Legal and Profe58ional Fee8 Media 11570 20 Actual 4,500 4,500 580 Actual 580 Actual 0.09 0.09 Actual 43,032 43,032 43,296 Actual Actual 4,410 4,410 2,955 2p955 1)906 820 Actual Actual 2,310 Instrumenta118t & mu8lc expense6 Depreclation 2,310 13,265 4,882 13,265 4,882 151280 Actual 3143 909132 io. Expendlture on Charltabl vltleo Actlvltle8 undertaken dlrectly 2093 Donatlong td advance Chrl8tlan falth Support co•t• Total 2023 2023 2023 2022 Charitsble donations Advaneement of Christian faith 281724 28,724 107,489 28,849 100,765 17,357 90,132 28 12 16

RestrACted Unrestrlcted Total Total 2023 2023 2023 2022 Charitable donations Advancement of Christian faith 28,724 28,849 io io loo 6,21 12 ii. Net In¢ome/(Fxpendltur and accountants, ren)uneration This is stated after charging This 18 stated after charging deprec ation of tangible fixed assets, premises cost, 2023 2022 Depreciation of tangible fixed Accountants, remuneration et8 and premises c08ts 4,882 3,143 During the year, no trustee receiv During the year, no trustee receiv During the year, no trustee rccci d any remuneration. d any benefit in kind d any rcinibui'sement of expen8es 12. Flxed A8&ets Furnlture, Flttlny and Equlpment I 2023 Furnlture & Flttlngs 2023 Equlpment 2023 Total 2023 CoNt As i January 2023 Additions At 31 1)eeember 2023 3,225 28,926 3,182 35,332 li 182 Depreclation 8 i January 2023 For the yoar At 31 December 2023 208 88 25,191 20 398 259797 28 Net Book Value At 31 December 2023 io At 31 December 2022 016 17

. Debtor8 2023 2022 14. Creditor8 Amounts fal]Ing due wlthin o e yeari 2023 2022 Accrua18 60 60 15. Fund• ofthe Charfty Unre8trlcted Re8trlctsd, Fund8 Fund8 Total Fundo Totsl Funda 11023 2023 20*3 9022 At i January 67,273 6,859 74,132 74,132 Surplus1(Deficlt) for the ye xii,846 32,910 IH,756 12,223 At 31 December li 218 888 86 18