The trustee presents their report with the financial statements of the Charity for the year ended 31st December 2023. The trustees have adopted the provisions of the statement of recommended practice (SORP) Accounting and Reporting by charities issued in 2005.
## REGISTERED CHARITY NUMBER
1140370
## CHARITY'S PRINCIPAL ADDRESS
56 GRANGE ROAD WELLINGBOROUGH NN9 5YQ
## NAMES OF THE CHARITY TRUSTEE
Bien Youtchou Jean Baptiste Brun
Abayomi Smith
## BANKERS
Barclays bank Queensway Bletchley Milton Keynes
INDEPENDENT EXAMINER
Emmanuel Vin-Kabb Unit 133, 548-550 Elder House Elder Gate Milton Keynes MK9 1LR
REPORT OF THE TRUSTEES.
## STRUCTURE, GOVERNANCE AND MANAGEMNET
## The Charity — RCCG NEWGATE CHURCH, MILTON KEYNES.
RCCG NEWGATE CHURCH is a member of the Redeemed Christian Church of God (RCCG), which has Parishes all over the world. The relationship between RCCG and RCCG NEWGATE CHURCH is governed by an "Agreement for Common Purpose" dated 11 February 2011. The Charity, RCCG NEWGATE CHURCH is constituted as a "Trust" and governed by a "Trust Deed" dated 11 February 2011.
## Objectives and activities
1. The advancement of the Christian faith worldwide in accordance with the doctrines set out in the Statement of faith and;
2. The relief of poverty
## Grant Making policies
Under the "Agreement for common purpose", RCCG NEWGATE CHURCH has agreed to make regular contributions to the World Evangelism Mission through RCCG, UK, support missionary organisations such as Festival of Life, African Mission, Good Women's Fellowship, Annual Convention held at the International Headquarter, including, other obligations as agreed.
## Governance
The Trust is governed by Trustees, who are appointed under the terms of the trust deed. The Trustees attend training regularly to develop and enhance their knowledge. In addition, bulletins and other knowledge-based resources regularly forwarded to the trust by the Charity Commission also serve as updates regarding their assignment as trustees.
## Structure
The Spiritual aspect of the church is handled by the Parish Pastor. The Trustees exercise the day to day oversight of the running of the church. In addition, the trustees meet regularly to review the operations of the church and make decisions on major issues affecting the church.
The church is organised into groups of; men, women, youth, and children for administrative convenience, effectiveness, and ensuring that the needs of each group are adequately met.
## Volunteers
The charity enjoys the services of various volunteers, who contributed enormously in various areas of service provision, development and implementation of the church's vision. The volunteers are encouraged to attend various training and development programmes organised by the charity and other organisations.
During the year, more volunteers joined the work force to help run the charity and make it more effective in discharging its charitable obligations, especially, to its community.
## Achievement and Performance 2023
1. Organised Zonal Workers Conference
2. Hosted Milton Keynes Hour of Solution.
3. Safeguarding Training, this training has enabled the charity to increase the awareness of safeguarding children, and vulnerable individuals in the charity, including non members.
4. Sports Day - This programme targeted people around our locality and encouraged physical activities for healthy living.
5. YOUTH Retreat. This programme targeted the youths in Milton Keynes, for both physical, mental, and spiritual development
6. Food Bank - We have been able to maintain our level of welfare within the charity, and local community on quarterly basis.
7. AHAVA Conference; our main annual prayer/spiritual event
8. Hallelujah Night; To reach out to young children and youths in Milton Keynes.
9. Facilitated training for other charitable organisations in the community in areas concerning, Safeguarding, Autism Awareness, and Sage Accounting Software. 10. Sponsorship/Adoption of Children with the International Charity, World Vision
## Financial Review
## Reserves policy
At the end of the financial year, the trust holds total cash at Bank of £ all which are unrestricted funds. £4,594 is held in Building fund Account and £75,876 to meet the day to day running of the church. The Charity is also aware of the need to have a documentary policy in place regarding reserve; this is currently under review by the trustee.
## Principal funding sources
The charity's main source of fund this year has been through voluntary donations from members.
Future Development 2023
Subject to funding, the charity intends to:
1. Expand the scope of her Food Bank Operation, especially by seeking to collaborate with other charities in the community
2. Initiate post covid-19 training initiative for single parents with the objective of skilling/re-skilling them in standard productivity packages/software to go back to work.
Abayomi Smith
SIGNATURES OF TRUSTEES:
Registered Charity Number :- 1140370
RCCG NEWGATE CHURCH - MILTON KEYNES
## FINANCIAL STATEMENTS
## FOR THE YEAR END 31 December 2023
**RCCG NEWGATE CHURCH - MILTON KEYNES 56 Grange Road 548-550 Elder House**
**Wellingborough 07786831777 emmanuel@vinkea com**
**RCCG NEWGATE CHURCH - MILTON KEYNES**
**CONTENTS**
FOR THE YEAR ENDED 31 December 2023
STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 3 BALANCE SHEET ........................................................................................................................................................... 4 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 5
2
**RCCG NEWGATE CHURCH - MILTON KEYNES**
**STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 December 2023
|**Recommended categories by**
**activity**
**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Raising funds
3
Charitable activities
4
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
**Total Funds 2023**
**£**
**Total Funds 2022**
**£**
64,998.00
64,998.00
47,484.00|
|---|---|
||**64,998.00**
**64,998.00**
**47,484.00**|
||-
-
4,781.50
60,386.00
60,386.00
35,083.50|
||**60,386.00**
**60,386.00**
**39,865.00**|
||**4,612.00**
**4,612.00**
**7,619.00**|
||**4,612.00**
**4,612.00**
**7,619.00**
-
-
7,619.00|
||**4,612.00**
**4,612.00**
7,619.00|
3
**RCCG NEWGATE CHURCH - MILTON KEYNES**
**BALANCE SHEET**
FOR THE YEAR ENDED 31 December 2023
|**Recommended categories by**
**activity**
**Notes**
Fixed assets
Tangible assets
6
**Total fixed assets**
Current assets
Cash at bank and in hand
7
**Total current assets**
**Total net assets or liabilities**
**Funds of the Charity**
Unrestricted funds
8
Restricted income funds
8
Endowment funds
8
**Total funds**|**Unrestricted funds**
**£**
**Total Funds 2023**
**£**
**Total Funds 2022**
**£**
10,000.00
10,000.00
-|
|---|---|
||**10,000.00**
**10,000.00**
**-**|
||76,407.00
76,407.00
-
**76,407.00**
**76,407.00**
**-**|
||**86,407.00**
**86,407.00**
**-**|
||4,612.00
4,612.00
-
-
-
-
-|
||**4,612.00**
**4,612.00**
**-**|
The financial statements were approved by the Board on 31-Jul-2024 and signed on its behalf by:
Abayomi Smith Trustee
4
**RCCG NEWGATE CHURCH - MILTON KEYNES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 December 2023
## **1 Accounting Policies**
**1.1 Accounting Policies**
## **1.2 Basis of preparation**
**1.3 Going concern**
## **2 Income from Donations and Legacies**
||**Unrestricted funds**|**Total funds 2023**|**Total**|**funds 2022**|
|---|---|---|---|---|
|**Analysis**|||||
||**£**|**£**||**£**|
|Donation and gifts|39,253.00|39,253.00||23,852.00|
|Gift Aid|25,745.00|25,745.00||23,632.00|
||64,998.00|64,998.00||47,484.00|
|**penditure on**|**Raising Funds**||||
||**Total funds 2023**||**Total funds**|**2022**|
|**Analysis**|**£**||**£**||
|Support Costs||-||4,781.50|
|||-||4,781.50|
## **3 Expenditure on Raising Funds**
5
**RCCG NEWGATE CHURCH - MILTON KEYNES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 December 2023
## **4 Expenditure on Charitable Activities**
|**Analysis**
Legal/professional fees
Charity management
& administartio
Charity running cost
Donations
Support Costs
**pport Costs**
**Analysis**
Allowances|**Total funds 2023**
**Total funds 2022**
**£**
**£**
1,500.00
1,820.00
41,877.00
17,998.00
13,829.00
9,104.00
3,180.00
1,380.00
-
4,781.50
60,386.00
35,083.50
**Total funds 2023**
**Total funds 2022**
**£**
**£**
-
9,563.00
**-**
**9,563.00**|**Total funds 2023**
**Total funds 2022**
**£**
**£**
1,500.00
1,820.00
41,877.00
17,998.00
13,829.00
9,104.00
3,180.00
1,380.00
-
4,781.50
60,386.00
35,083.50
**Total funds 2023**
**Total funds 2022**
**£**
**£**
-
9,563.00
**-**
**9,563.00**|
|---|---|---|
||||
||||
|||**-**
**9,563.00**|
## **5 Support Costs**
6
**RCCG NEWGATE CHURCH - MILTON KEYNES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 December 2023
## **6 Tangible Fixed Assets**
## **6.1 Cost or valuation**
## **FITTINGS, EQUIPMENT & FIXTURES**
## **£**
||**£**|**£**|
|---|---|---|
|At 01 January 2023|10,000.00||
|Additions||-|
|Disposals||-|
|Revaluations||-|
|Transfers||-|
|At 31 December
2023|10,000.00||
|**6.2 Amortisation and**|**impairments**||
||**FITTINGS, EQUIPMENT &**||
||**FIXTURES**||
||**£**||
|At 01 January 2023||-|
|Additions||-|
|Disposals||-|
|Revaluations||-|
|Transfers||-|
|At 31 December|||
|2023||-|
|**6.3 Net book value**|||
||**FITTINGS, EQUIPMENT &**||
||**FIXTURES**||
||**£**||
|At 01 January 2023|10,000.00||
|At 31 December
2023|10,000.00||
7
**RCCG NEWGATE CHURCH - MILTON KEYNES**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 December 2023
## **7 Cash at bank and in hand**
|**Total funds**|**2023**|**Total funds**|**2022**||
|---|---|---|---|---|
|**£**||**£**|||
|||||-|
|||||-|
8
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/ members of**
## Charity Name
RCCG NEWGATE CHURCH – MILTONN KEYNES
**On accounts for the year ended**
31 DECEMBER 2023
**Charity no (if any)**
1140370
## **Set out on pages**
(remember to include the page numbers of additional sheets)
## **Responsibilities and basis of report**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **DD / MM / YYYY** .
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._
**Signed:**
E vinkabb
**Date:**
10/10/2023
**Name:**
EMMANUEL VIN-KABB
**Relevant professional qualification(s) or body (if any):**
ACCA
**October 2018**
1
**IER**
**Address:**
Unit 133, 548-550 Elder house
Elder Gate, Milton Keynes
MK9 1LR
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**October 2018**
2
**IER**