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2023-12-31-accounts

The Redeemed Christian Church of God: House of Mercy London

Report and Accounts

31 December 2023

Charity Registration Number - 1140808

The Redeemed Christian Church of God: House of Mercy London

Report and accounts for the year ended 31 December 2023

Contents

Page (s)
Charity information 1
Trustees' annual report 2 - 4
Statement of trustees' responsibilities 4 - 5
Independent examiner's report 6 - 7
Funds Statements:-
Statement of financial activities 8
Movements in funds 9
Summary of funds 9
Income and expenditure account 9
Balance sheet 10
Notes to the accounts 11 - 17

The Redeemed Christian Church of God: House of Mercy London

Trustees' annual report for the year ended 31 December 2023

The trustees present their report and accounts for the year ended 31 December 2023.

Reference and administrative details

The charity name.

The legal name of the charity is:- The Redeemed Christian Church of God: House of Mercy London.

The charity is also known by its operating name, RCCG House of Mercy London.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1140808.

.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as an unincorporated charity, established by Trust Deed. The governing document of the charity is the Trust Deed establishing the charity.

The governing document is dated 30 July 2013 There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

The trustees are all individuals.

Mr Gabriel Olufemi Diya� Mr Richard Odufisan� Mr Temitope James Albert - Fowora� Mrs Oluwakemi Olabisi Austen - Okoronkwo� Mr Lateef Adebayo�

The principal operating address, telephone number, email and web addresses of the charity are:-

1 Osterley Close Orpington, London England, BR5 2ST Telephone 02083008868

Email Address lagayodele@yahoo.co.uk

Web address hhtp://rccguk.org/

The Trustees in office on the date the report was approved were:-

The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.

1

The Redeemed Christian Church of God: House of Mercy London

Trustees' annual report for the year ended 31 December 2023

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

The objects of the charity are:

  1. The advancement of the Christian religion worldwide; and

  2. The relief of poverty.

It pursues these objects by the operation of a Christian worship centre at a facility located at De Lucy Pry School Hall, Cook Hill Road, Off Finchley Road, Abbeywood SE2 9PD.

It also organises special training and mentoring activities for unemployed, people planning to start their own businesses and run general information centre for the public.

The main activities undertaken in relation to those purposes during the year.

Significant activities that contributed to the achievement of these objectives were:

  1. Events organized during the year to promote the Christian faith include distribution of leaflets with Christian messages, organizing deliverance services, all night vigils, special prayers and counselling.

  2. Other activities to help raise the profile of the charity in the local community included picnics, Mothers' day and Fathers' day celebrations.

  3. Specific activities for relief of poverty are in the areas of training and mentoring of unemployed to start their own businesses and passing job information to job seekers.

The contribution of volunteers during the year.

The church is grateful for the commitment and efforts of its volunteers who are involved in services provision. The church has volunteers committed to working in various departments within the church.

The church continues to dispense the service of heads of departments and ministers to ensure that the best value is derived from the sterling efforts of the volunteers.

Grant making policies and how these contributed to the achievement of the charity's aims and objectives during the year.

Grants are made to other charitable bodies. The church supports missionary organisations such as the Festival of Life and the World Evangelism Mission, and other missions and projects within and outside the UK.

The church also provides support to members of the congregation (at the discretion of the trustees) who are in need.

2

The Redeemed Christian Church of God: House of Mercy London

Trustees' annual report for the year ended 31 December 2023

The main achievements and performance of the charity during the year.

The trustees are pleased to report that the church continued to be successful spiritually by ministering to many people in prayer and welfare. The church has improved in membership strength and is increasingly reaching out to the community.

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

New trustees are elected on the basis of the contribution that they will make to the governance of the organisation and the skills that they will contribute. They are provided with copies of the Charity commission's guidance to trustees and given an introduction to the activities of the charity by the existing board.

The policies and procedures for the induction and training of trustees.

Existing trustees are provided with training as and when required.

The charity's organisational structure.

The board of trustees is headed by a Chairman, the Secretary to the trust and a Financial administrator.

All the present employees of the charity are voluntary workers. The trustees are responsible for making all decisions regarding allocation of fund and activities.

The charity's relationships with related parties.

RCCG House of Mercy, London is a parish of The Redeemed Christian Church of God - a network comprising parishes all over the world. There is an agreement for common purposes entered into by RCCG House of Mercy, London with The Redeemed Christian Church of God which documents this relationship.

Bankers HSBC Bank Plc 83 Sidcup High Street Sidcup Kent DA14 6DN

Financial review

The charity's financial position at the end of the year ended 31 December 2023

The financial position of the charity at 31 December 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Total funds
Unrestricted revenue funds available for
the general purposes of the charity
Net income		 2023
£
683
1,161
1,161		 2022
£
(21,472)
478
478

3

The Redeemed Christian Church of God: House of Mercy London

Trustees' annual report for the year ended 31 December 2023

Financial review of the position at the reporting date, 31 December 2023 .

During the year, income of £56,781 (£42,278 in 2022) mainly received as voluntary donations and gift aid. The net movement in funds for the period, as shown in the statement of financial activities, for the period was a surplus of £683 (loss of £-21,472 in 2022). The value of the Redeemed Christian Church of God: House of Mercy London's net assets at 31st December 2023 is £1,161 (£478 in 2022).

Policies on reserves.

Restricted funds are to be used for specific purposes as specified within the objects of the charity. �Expenditure which meets these criteria, will be identified to the fund, together with a fair allocation of management and support costs.

Unrestricted funds: Unrestricted funds are donations and other incomes received or generated for the objects of the charity without further specified purpose and are available for general funds.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Details of The Independent Examiner

Mr Adeniyi Zaccheus Chartered Certified Accountant 1A Town Square Erith London DA8 1RE

4

The Redeemed Christian Church of God: House of Mercy London

Trustees' annual report for the year ended 31 December 2023

Statement of trustees' responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .

In particular, charity law requires the trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the trustees are required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are also responsible for the contents of the trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 30 October 2024.

Temitope James Albert-Fowora

Trustee

5

The Redeemed Christian Church of God: House of Mercy London

Report of the independent examiner to the trustees of the charity on the accounts for the year ended 31 December 2023

I report to the trustees on my examination of the financial statements of the charity on pages 8 to18 for the year ended 31 December 2023 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on pages 12 to 14

Respective responsibilities of the trustees and the independent examiner and the basis of the report

As described on page 4 & 5, you, the charity's trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of independent examiner's statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

6

The Redeemed Christian Church of God: House of Mercy London

Independent examiner's statement, report and opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Mr Adeniyi Zaccheus - Independent examiner

Chartered Certified Accountant

1A Town Square Erith London DA8 1RE

This report was signed on 30 October 2024

7

The Redeemed Christian Church of God: House of Mercy London - Statement of Financial Activities for the year ended 31 December 2023

Statement of financial activities for the year ended 31 December 2023

Income & endowments from:
Donations
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income for the year
Reconciliation of funds:-
Total funds brought forward
Total funds carried forward
Net movement in funds		 Current year
Current year
Current year
Unrestricted
funds
Restricted
funds
Total funds
2023
2023
2023
£
£
£
56,781
-
56,781
56,781
-
56,781
56,098
-
56,098
56,098
-
56,098
683
-
683
683
-
683
478
-
478
1,161
-
1,161		 Prior year
Total
funds
2022
£
42,278
42,290
63,762
63,762
(21,472)
(21,472)
21,950
478

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate statement of total recognised gains and losses is not required as this statement includes all recognised gains and losses.

All the prior year transactions were unrestricted items, and no further analysis is required

All activities derive from continuing operations

The Redeemed Christian Church of God: House of Mercy London - Resources applied in the year ended 31 December 2023 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Net resources available to fund charitable activities		 2023
£
683
683		 2022
£
(21,472)
(21,472)

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

The notes attached on pages 11 to 17 form an integral part of these accounts.

8

The Redeemed Christian Church of God: House of Mercy London - Statement of Financial Activities for the year ended 31 December 2023

Movements in revenue and capital funds for the year ended 31 December 2023

Revenue accumulated funds

Unrestricted
Funds
2023
£
Accumulated funds brought forward
478
683
1,161
Closing revenue funds
1,161
Summary of funds
Unrestricted
and
Designated funds
2023
£
Revenue accumulated funds
1,161
Recognised gains and losses
before transfers		 Restricted
Funds
2023
£
-
-
-
-
Restricted
Funds
2023
£
-		 Total
Last year
Funds
Total funds
2023
2022
£
£
478
21,950
683
(21,472)
1,161
478
1,161
478
Total
Last Year
Funds
Total Funds
2023
2022
£
£
1,161
478

The Redeemed Christian Church of God: House of Mercy London Income and expenditure account for the year ended 31 December 2023 as required by the Companies Act 2006

Income
Income from operations
Gross income in the year before exceptional items
Gross income in the year including exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Total expenditure in the year
Retained surplus for the financial year		 2023
£
56,781
56,781
56,781
55,598
-
56,098
683		 2022
£
42,278
42,290
42,290
63,262
-
63,762
(21,472)

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 11 to 17 form an integral part of these accounts.

9

The Redeemed Christian Church of God: House of Mercy London - Balance Sheet as at 31 December 2023

Notes
2023
£
Fixed assets
Tangible assets
6
-
Current assets
Debtors
4,600
Cash at bank and in hand
4,462
Creditors: amounts falling due
within one year
4
(5,189)
Net current assets
3,872
3,872
Creditors: amounts falling due after
more than one year
5
(2,711)
The total net assets of the charity
1,161
Net assets		 2022
£
-
4,600
3,778
(5,189)
3,189
3,189
(2,711)
478		 2022
£
-
4,600
3,778
(5,189)
3,189
3,189
(2,711)
478
3,189
(2,711)
478

The total net assets of the charity are funded by the funds of the charity, as follows:-

Unrestricted funds
Unrestricted Revenue Funds
12
1,161
Total charity funds		 478
1,161
1,161		 478
478

The 'SORP Ref' indicated above is the classification of balance sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts. The charity is subject to independent examination under charity legislation, and the report of the independent examiner is on pages 6 and 7.

The trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Temitope James Albert-Fowora

Trustee

Approved by the board of trustees on 30 October 2024

The notes attached on pages 11 to 17 form an integral part of these accounts.

10

The Redeemed Christian Church of God: House of Mercy London

Notes to the accounts for the year ended 31 December 2023

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of income

Income is categorised as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

11

The Redeemed Christian Church of God: House of Mercy London

Notes to the accounts for the year ended 31 December 2023

Policies relating to expenditure on goods and services provided to the charity.

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 5.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Plant and machinery 20 % straight line Motor vehicles 25 % straight line

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

There are no endowment funds.

2 Liability to taxation

The trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity and is therefore included in the relevant costs in the Statement of financial activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4
Creditors: amounts falling due within one year
Accruals
Other creditors		 2023
£
500
4,689		 2022
£
500
4,689
5,189 5,189

12

The Redeemed Christian Church of God: House of Mercy London

Notes to the accounts for the year ended 31 December 2023

5
Creditors: amounts falling due after one year
Other creditors
6
Income and expenditure account summary
At 1 January 2023
Surplus after tax for the year
At 31 December 2023		 2023
£
2,711		 2022
£
2,711
2,711 2,711
2023
£
478
683		 2022
£
21,950
(21,472)
1,161 478

7 No related party transactions

The Redeemed Christian Church of God is the main headquarters of all RCCG church branches. During the year, the church did not pay institutional grants to other RCCG organisations such as the World Evnagelical Mission (WEM) and Central Office Fund (COF) as stated in the account.

8 Particulars of how particular funds are represented by assets and liabilities

At 31 December 2023
Tangible fixed assets
Long term liabilities
Current liabilities
Long Term liabilities
At 1 January 2023
Tangible fixed assets
Current assets
Current liabilities
Long term liabilities		 Unrestricted
funds
£
-
9,062
(5,189)
(2,711)		 Designated
Restricted
funds
funds
£
£
-
-
-
-
-
-
-		 Total
funds
£
-
9,062
(5,189)
(2,711)
1,162 -
-		 1,162
Unrestricted
funds
£
-
8,378
(5,189)
(2,711)		 Designated
Restricted
funds
funds
£
£
-
-
-
-
-
-
-
-		 Total
funds
£
-
8,378
(5,189)
(2,711)
478 -
-		 478

13

The Redeemed Christian Church of God: House of Mercy London

Notes to the accounts for the year ended 31 December 2023

12 Change in total funds over the year as shown in Note 8 , analysed by individual funds

Funds
brought
forward
from 2022
Movement in
funds in
2023
See Note 13
£
£
£
Unrestricted and designated funds:-
Unrestricted revenue funds
478
683
-
Total unrestricted and designated funds
478
683
-
Total charity funds
478
683
-
13 Analysis of movements in funds over the year as shown in Note 12
Other
Income
Expenditure
Gains &
losses
2023
2023
2023
£
£
£
Unrestricted and designated funds:-
Unrestricted revenue funds
56,781
(56,098)
-
56,781
(56,098)
-
Transfers
between
funds in
2023		 Funds
brought
forward
from 2022
£
478



Movement in
funds in
2023
See Note 13
£
£
683
-
Transfers
between
funds in
2023		 Funds
carried
forward to
2024
£
1,161
478 683
-		 1,161
478 683
-		 1,161
Movement
in funds
2023
£
683
56,781 (56,098)
-		 683

14

The Redeemed Christian Church of God: House of Mercy London

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

9 Donations, grants and legacies

Donations, grants and legacies Donations, grants and legacies
Current year Current year Current year
Unrestricted
funds
Restricted
funds
Total
funds
2023
2023
2023
£
£
£
Donations and gifts from individuals
52,704
-
52,704
Total donations and gifts from
individuals
56,781
-
56,781
Expenditure on charitable activities - Direct spending
Current year Current year Current year
Current year
Unrestricted
funds
Restricted
funds
Total
funds
2023
2023
2023
£
£
£
Travel and subsistence -
charitable activities
1,632
-
1,632
Honourarium
3,260
-
3,260
Evangelism & special events
754
-
754
Total direct spending
5,646
-
5,646
Expenditure on charitable activities- Grant funding of activities
Current year Current year Current year
Current year
Unrestricted
funds
Restricted
funds
Total
funds
2023
2023
2023
£
£
£
Grants made to organisations
3,054
-
3,054
Total grantmaking costs
3,054
-
3,054
Current year
Current year
Current year
Current year
Unrestricted
funds
Restricted
funds
Total funds
2023
2023
2023
£
£
£
Region
600
-
600
WEM
1,854
-
1,854
COF
600
-
600
3,054
-
3,054
Small donations individually less than £1000
Breakdown of Grants made to organisations		 Prior year
Total
funds
2022
£
26,340
42,278
Prior year
Total
funds
2022
£
2,333
4,290
1,768
8,391
Prior year
Total
funds
2022
£
2,400
3,054 2,400
Current year
Total funds
2023
£
600
1,854
600
3,054

10 Expenditure on charitable activities - Direct spending

11 Expenditure on charitable activities- Grant funding of activities

15

The Redeemed Christian Church of God: House of Mercy London

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

12 Support costs for charitable activities

Current year
Current year
Current year
Unrestricted
funds
Restricted
funds
2023
2023
£
£
Volunteer costs
Volunteers' expenses
5,963
-
Motor expenses - volunteers
2,125
-
Premises expenses
Rates and water charges
65
-
Room Hire
27,250
-
Light heat and power
-
-
Premises repairs, renewals and
maintenance
4,337
-
Administrative overheads
Telephone, fax and internet
2,398
-
Postage
22
-
Stationery and printing
680
-
Liabilty and contents insurance
570
-
Sundry expenses
-
-
Books and publications
3,149
-
245
-
Professional fees paid to advisors other than the auditor or examiner
Other legal and professional
-
-
Financial costs
Bank charges
94
-
Depreciation
-
-
Support costs before reallocation
46,898
-
13 Other expenditure - Governance costs
Current year
Current year
Current year
Unrestricted
funds
Restricted
funds
2023
2023
£
£
Independent examiner's fees
500
-
Total governance costs
500
-
Equipment,repairs,expenses and maintenance		 Current year
Total funds
2023
£
5,963
2,125
65
27,250
-
4,337
2,398
22
680
570
-
3,149
245
-
94
-
46,898
Current year
Total funds
2023
£
500
500		 Prior year
Total funds
2022
£
1,312
1,986
65
36,600
1,431
4,673
2,199
-
604
570
1,990
-
949
-
92
-
52,471
Prior year
Total funds
2022
£
500
500

16

The Redeemed Christian Church of God: House of Mercy London

Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015

14 Total charitable expenditure

Total charitable expenditure
Current year
Total direct spending
Total grantmaking costs
Total support costs
Total governance costs
Total charitable expenditure		 Current year
Unrestricted
funds
2023
£
5,646
3,054
46,898
500
56,098		 Current year
Restricted
funds
2023
£
-
-
-
-
- -		 Current year
Total funds
2023
£
5,646
3,054
46,898
500
56,098		 Prior year
Total funds
2022
£
8,391
2,400
52,471
500
63,762

17