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2023-12-31-accounts

RCCG SHINING LIGHT CHRISTIAN CONNECTIONS

TRUSTEES' REPORTS FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their annual report together with the financial statements of The RCCG Shining Light Christian Connection (the charity) for the ended 31st December 2023. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory

requirements, the requirements of the charity's governing document and the provisions of the

Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

STRUCTURE, GOVERNANCE AND MANAGEMENT

a. CONSTITUTION

The church is constituted under a Trust deed dated 9th November 2010.

b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

under

the terms of the Trust deed.

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES

with the

powers and responsibilities of the Trustees.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

administration

of the church is managed by the parish pastor and volunteers.

e. RELATED PARTY RELATIONSHIPS

(RCCG) governed by an "Agreement for Common Purposes".

f. RISK MANAGEMENT

The Trustees have assessed the major risks to which the charity is exposed, in particular those relate operations and finances of the charity, and are satisfied that systems and procedures are in place to m our exposure to the major risks.

g. GRANT MAKING POLICY

The church supports visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other R programmes.

The church supports other charities and missionary that shares its objects in advancement of Christia and relief of poverty. The church gives occasional grants to congregational members who are in need

RCCG SHINING LIGHT CHRISTIAN CONNECTIONS

TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023

OBJECTIVES AND ACTIVITIES

a. POLICIES AND OBJECTIVES

The objective of the church is:

Each year our trustees review our objectives and activities to ensure they continue to reflect our aims. In carrying out this review the trustees have considered the Charity Commission’s general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.

b. STRATEGIES FOR ACHIEVING OBJECTIVES

The church has adopted the following strategies for achieving the above objectives:

c. ACTIVITIES FOR ACHIEVING OBJECTIVES

The main activities of the church are as follows:

d. VOLUNTEER MANAGEMENT

The church is grateful for the unstinting efforts of its volunteers who are involved in service provision, office work and administration.

e. INVESTMENT POLICY AND PERFORMANCE

The trustees have decided that at present, funds should be retained in bank. Any change in such banking should be agreed by the board. As far as possible, funds will be retained in interest bearing accounts.

f. VULNERABLE BENEFICIARIES

The church works with vulnerable groups including children and make sure users are safe and protected from harm. Volunteers, employees and trustees have the right checks and assessments before they can work with a church. Find out how charities can protect their users. Safeguards are in place to protect vulnerable people from abuse, and prevent abuse happening in the first place.

g. CONFLICT OF INTERESTS

No trustee is in a position where their duty as a trustee will be conflict with any personal interest they may have

h. COMPLAINTS HANDLING

We are committed to ensuring that people have all necessary support required to make a complaint. Complaints are accepted verbally or in writing, and can be formal or informal.

Anyone wishing to make a complaint will be provided with a Complaints Handling Statement, which summarises how a complaint about our service can be made.

RCCG SHINING LIGHT CHRISTIAN CONNECTIONS

TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023

ACHIEVEMENTS AND PERFORMANCE

REVIEW OF ACTIVITIES

The church undertook the following activities:

FINANCIAL REVIEW

Members of the church have been generous this year. The statement of the financial activities shows net asset stand at £70,017 against the last year amount of £ 58,841.

RESERVES POLICY

The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure. At this level, the trustees feel that they would be able to continue the current activities of the church in the event of a significant

PRINCIPAL FUNDING

This is provided mainly through voluntary tithes and offerings by the church members.

RCCG SHINING LIGHT CHRISTIAN CONNECTIONS

TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023

PLANS FOR THE FUTURE

FUTURE DEVELOPMENTS

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with 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.

This report was approved by the Trustees on 29th November 2024 and signed on their behalf, by:

…………………………………………………..

Abiodun Oyedeji Akande

Charity no: 1141538

RCCG SHINING LIGHT CHRISTIAN CONNECTIONS

Annual Accounts

1st Jan 2023 - 31st December 2023

Prepared by DTT Consultancy Ltd

RCCG Shining Light
Christian Connections
RCCG Shining Light Christian
Connections
RCCG Shining Light Christian
Connections
RCCG Shining Light Christian
Connections
1141538
Annualaccountsforthe period
Period start date 1st Jan 2023 To Period end
date
31st Dec 2023
Section A Statement of financial activities
Recommended
categories by activity
Details of own
analysis
Note
Incoming resources (Note 3)
Incoming resources from
generated funds
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
Incoming resources from
charitable activities
S04
Other incoming resources
S05
S06
Resources expended (Notes 4-8)
Costs of Generating Funds
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
Charitable activities
S10
Governance costs
S11
Other resources expended
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
Total resources expended
Total incoming resources
Total funds carried forward
Total funds brought forward
Net movement in funds
Net incoming/(outgoing) resources before
transfers
Gains and losses on investment assets
Prior Year Adjustment
Other recognised gains/(losses)
Net incoming/(outgoing) resources before
other recognised gains/(losses)
Gross transfers between funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05
- - - - -
25,398 - - 25,398 23,725
- - - - -
- - - - -
- - - - -
- - - - -
25,398 - - 25,398 23,725
- - - - -
23,203 - - 23,203 15,315
- - - - -
- - - - -
725 - - 725 1,514
- - - - -
- - - - -
23,928 - - 23,928 16,830
1,470 - - 1,470 6,896
- - - - -
1,470 - - 1,470 6,896
- - - -
- - - - -
1,470 - - 1,470 6,896
58,841 - - 58,841 51,945
60,311 - - 60,311 58,841

Section B Balance sheet as at 31 December 2023

Fixed assets
Tangible assets (Note 9)
Investments (Note 10)
Total fixed assets
Current assets
Stock and work in progress
Debtors (Note 11)
(Short term) investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within
one year (Note 12)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year (Note 13)
Provisions for liabilities and charges
Net assets
Funds of the Charity
Unrestricted funds
Restricted income funds (Note 14)
Endowment funds(Note 15)
Total funds
Signed by
Note
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
Unrestricted
funds
£
F01
Restricted
funds
£
F02
Endowment
funds
£
F03
Total this
year
Total last year
£
£
F04
F05
Total this
year
Total last year
£
£
F04
F05
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - 9,706
- - - -
60,811 - - 60,811 49,635
60,811 - - 60,811 59,341
500 - - 500 500
60,311 - - 60,311 58,841
60,311 - - 60,311 58,841
- - - - -
- - - - -
60,311 - - 60,311 58,841
60,311 60,311 58,841
- -
- - -
- - -
60,311 - - 60,311 58,841
Signature Print Name Date of approval
Abiodun Oyedeji Akande 29/11/2024

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

• and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

[** except for the following].

Give details in this box if a different standard has been followed.

 if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

 if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

1.3 Changes to previous accounts

No changes have been made to accounts for previous years

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

adopted then this is detailed in the box below.
INCOMING RESOURCES
Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when:
resources  the charity becomes entitled to the resources;
 the trustees are virtually certain they will receive the resources; and
 the monetary value can be measured with sufficient reliability.
Incoming resources with related expenditure Where incoming resources have related expenditure (as with fundraising or contract income)
the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional
entitlement to the resources.
Tax reclaims on donations and gifts Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
which they relate.
Contractual income and performance related grants This is only included in the SoFA once the related goods or services have been delivered.
Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
distributed by the charity.
Gifts in kind for use by the charity are included in the SoFA as incoming resources when
receivable.
Donated services and facilities These are only included in incoming resources (with an equivalent amount in resources
expended) where the benefit to the charity is reasonably quantifiable, measurable and
material_._The value placed on these resources is the estimated value to the charity of the
service or facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.
Investment income This is included in the accounts when receivable.
Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from
revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee
meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service
or output to be provided, such grants are only recognised in the SoFA once the recipient of the
grant has provided the specified service or output.
Grants payable without performance conditions These are only recognised in the accounts when a commitment has been made and there are
no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year, and cost at least £500. They
are valued at cost or a reasonable value on receipt.
Investments Investments quoted on a recognised stock exchange are valued at market value at the year
end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress These are valued at the lower of cost or market value.

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Activities for generating
funds
Investment income
Incoming resources from
charitable activities
Voluntary income
Analysis This year
Last year
£
£
This year
Last year
£
£
Donations 25,398 23,725
Total 25,398 23,725
- -
- -
- -
- -
- -
Total - -
- -
- -
- -
- -
- -
Total - -
- -
- -
- -
- -
- -
Total - -

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Costs of generating
Governance costs
Charitable activities
Investment
management costs
Fundraising trading
costs
Analysis This year
Last year
£
£
This year
Last year
£
£
Rent 8,984 2,665
Printing& Stationery - 740
Multimedia 287 -
Office Expense 237 1,487
Hospitality - 1,388
Professional Fees 11,035 8,900
Youth & children 2,660
Bank Charges - 135
Total 23,203 15,315
- -
- -
- -
- -
- -
Total - -
- -
- -
- -
Total - -
Gift &Donation 725 174
COF - 500
Welfare 840
Total 725 1,514
- -
- -
- -
Total - -

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

support costs.
Support cost type Fundraising activity
£
Charitable Activity
£
Governance Activity
£
Total Cost
£
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Total - - - -

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid

This year Last year
£ £

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

Other fees (for example: advice, consultancy, accountancy
services) paid to the independent examiner or auditor
Independent examiner’s or auditors' fees for reporting on the
accounts
This year
£
Last year
£
500 500

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Other debtors
Prepayments and accrued income
Total
Amounts falling due
within oneyear
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
Amounts falling due after
more than oneyear
This year
£
Last year
£
This year
£
Last year
£
- - -
- - - -
9,706 - -
- - - -
- 9,706 - -

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

Loans and overdrafts
Trade creditors
Amounts due to subsidiary and associated
undertakings
Other creditors
Accruals and deferred income
Total
Amounts falling due
within oneyear
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
Amounts falling due after
more than oneyear
This year
£
Last year
£
This year
£
Last year
£
- - - -
500 500
- - - -
- - - -
- - - -
500 500 - -

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of RCCG Shining Light Christian Connections On accounts for the year 30[th] December 2023 Charity no 1141538 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Independent In connection with my examination, no matter has come to my attention examiner's statement (other than that disclosed below *)

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

  6. Please delete the words in the brackets if they do not apply.

Signed:
Name:
Relevant professional
qualification(s) or body
Tunji Ogedengbe FCCA
ACCA

1

IER

(if any):
Address:
36 Daffodil Close, Hatfield, Hertfordshire, AL10 9FF

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

2

IER

Give here brief details of any items that the examiner wishes to disclose .

3

IER