RCCG REDHILL TABERNACLE TRUSTEES’ ANNUAL REPORT YEAR ENDING 2022
Contents Page Trustees’ annual report 3 Statement of Financial Activities 6 Balance Sheet 7 Notes to the Accounts 8 Independent Examiner’s Report 10
www.redhilltabernarnacle.org.uk
Trustees Annual Report RCCG Redhill Tabernacle
Registered Charity Number No. 1141602
Structure, Governance and Management:
RCCG Redhill Tabernacle is a charity governed by Trust Deed. The charity’s trustees are selected by appointment only. The trustees are responsible for overseeing the charity’s activities and deciding on how the funds are spent. The day to day running of the charity is entrusted to the church Pastor. Various duties are then delegated to various departments (i.e., Choir, Evangelism, Men’s fellowship, Virtuous women and Youth and Media).
Church Pastor Managing the Charity:
1. Mr Chukwuka Emefieh.
Names of current Trustees for the Charity:
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Mr Adio Lawrence Fagbayi
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Mr Kwabena Poku Nantwi
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Mrs Titilola Emefieh
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Mr Olusola Oladipo
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Mrs Olufunmilayo Alli
Administration Information
The Charity is situated in Redhill, Surrey. The correspondence address is 37 Station Road, Redhill, RH1 1QH.
Objectives and Activities
RCCG Redhill Tabernacle is dedicated to enabling as many people as possible from Redhill and surrounding areas to fellowship with us.
Our services and worship put faith into practice through Prayer and Scripture, Prayer clinics and outreach programmes. We are also committed to supporting and collaborating with other charities within the community.
When planning our activities, we have considered the commission’s guidance on public benefit and in particular the specific guidance on charities for the advancement of religion. We try to enable people from the public to live out their faith as part of our church community through:
‐Worship and Prayer, learning about the gospel and developing people’s knowledge of God.
‐Provision of pastoral care for the congregation and people from our community.
‐Outreach and Charitable work
Achievements and Performance.
Worship and Prayer
The main church service is every Sunday in the main church building. Additionally, we offer evening prayers and bible study on Wednesday and Fridays every week. These are quieter and more intimate and reflective in nature with the aim of providing extra opportunities for families to interact and share their faith.
Provision of Pastoral Care
The church pastors continued to provide spiritual and pastoral guidance to the congregation and the community. This has been accomplished through bible studies, monthly question and answer sessions and preaching of the gospel of Jesus Christ. Informal counselling and guidance to the congregation is available on request. Part of this providing pastoral care for bereaved families and those going through difficult times.
Outreach and Charitable Work
RCCG Redhill Tabernacle supports various charities in the community and carries out outreach work. Over the Christmas period the charity worked with the local council to identify families in need of assistance. Churches Together organised a pre‐recorded Christmas carol service of which the church choir was a part of.
To help support struggling families within the community, our members are encouraged to donate food items which are then donated to the local food bank. We have a permanent food collection point at the church. Outreach programs had to be postponed due to the lockdown restrictions. Usually, an annual family fun day at Memorial Park in Redhill and a day trip to the beach are organised.
The church has also helped several youths to develop their interest in music by providing musical instruments and offering the youths a platform on which to practice their skills and gain confidence. We are currently working Compassion UK thoroughly voluntary monthly financial contributions to support children in need in both in the UK and abroad. We encourage church members to give towards this laudable project.
We are linked with the Churches Together initiative in Reigate and Banstead. This is reinforced by the church leaders coming together for prayer meetings and consultations regarding outreach events. We work together to impact the local community through the Real Meal project (homeless and those in need)
Other activities include opening our doors for the National Day of Prayer and Thy Kingdom come prayer week.
Financial Review
The incoming resources were £89,037.00. Out of this amount, £6,546.00 was made up of Gift Aid claims. Restricted donations of £7,550.00 were also received. The restricted donations are for the church building fund. We have continued our commitment to make improvements to the church building. The acquisition of the church has made our charity more accessible to the public than it previously was. We would like to extend our thanks to our members for continuing to support our common cause of making our building as comfortable and safe as possible.
Reserve Policy
It is RCCG Redhill Tabernacle’s policy to maintain unrestricted reserves (if possible) of at least £9,000 to meet any unforeseen circumstances. This equates to 3 months’ running costs. I’m pleased that the reserves balance has continued to be in line with our policy.
Future Plans:
The nationwide coronavirus restrictions continue to pose a challenge to our plans of renovating the upstairs flat. We will continue to review the current situation and follow government guidelines in all our planning. As we are in the middle of a nationwide lockdown, our building is seeing extraordinarily little use. Church services have moved online as well as all bible studies.
Approved by the Trustees on 9[th] November 2022 and signed on their behalf by:
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Kwebena Nantwi.
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Titilola Emefieh
RCCG Redhill Tabernacle
Charity Number 1141602
Statement of Financial Activities Accounting period 05/07/2021 to 04/07/2022
| Notes | Unrestricted Funds Restricted Income Funds Total for This Year Total for Last Year £ £ £ £ |
|---|---|
| Total incoming resources Tithes and Offering (3) Bank Interest Other Income (3) Resources expended Bank Interest Repairs & Maintenance Gas & Electricity Water & Rates Pastor's Allowance (5) Welfare and Donations Bank Charges Training Print Post and stationery Telephone Media and Publicity Outreach Events Legal and professional fees Insurance Headquarters Total resources expended Net incoming/(outgoing) resources Transfer Between Funds Gains and losses on investment assets Net movement in funds Total funds brought forward Total funds carried forward |
74,904 7,550 82,454 67,980 4 32 37 8 6,546 0 6,546 13,644 81,454 7,582 89,037 81,632 11,277 0 11,277 10,310 20,381 0 20,381 1,104 1,417 0 1,417 873 272 0 272 241 2,750 0 2,750 2,250 1,436 0 1,436 436 0 0 34 0 400 0 400 0 125 0 125 75 391 0 391 423 435 0 435 445 1,033 0 1,033 1,138 2,284 0 2,324 600 1,715 0 1,715 1,729 13,393 0 13,393 0 57,308 0 57,382 19,624 24,146 7,582 31,654 62,008 3,500 ‐3,500 0 0 0 0 0 0 |
| 27,646 4,082 31,654 62,008 161,826 1,031 312,298 250,290 |
|
| 189,472 5,113 343,952 312,298 |
RCCG Redhill Tabernacle Balance Sheet Year Ending 04/07/2022
| Year Ending 04/07/2022 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Note | Total this year £ |
Total last year £ |
||||||||
| Fixed Assets | 453,099 12,576 |
453,099 12,576 |
||||||||
| Land & Buildings | ||||||||||
| Fixtures & Fittings | ||||||||||
| 465,675 132,565 0 |
465,675 111,352 0 |
|||||||||
| Current Assets | ||||||||||
| Cash at bank and in hand | ||||||||||
| Debtors | ||||||||||
| Total current assets | 132,565 400 |
111,352 360 |
||||||||
| Creditors: amounts falling due within one year |
(11) | |||||||||
| Total assets less current liabilities | 597,840 253,888 |
576,667 264,369 |
||||||||
| Creditors: amounts fallingdue after oneyear | ||||||||||
| Net assets | 343,952 | 312,298 | ||||||||
| 322,254 0 322,254 |
294,654 0 294,654 |
|||||||||
| Funds of the Charity | ||||||||||
| Unrestricted funds | ||||||||||
| Designated funds | ||||||||||
| Total unrestricted funds | ||||||||||
| Restricted income funds | (12) | 21,699 | 17,644 | |||||||
| Total funds | 343,952 | 312,298 | ||||||||
| Signature | ||||||||||
| Signed by | Date of approval | |||||||||
| 1 | Kwabena Nantwi | 09/11/2022 | ||||||||
| 2 | Titilola Emefieh | 09/11/2022 |
Notes to the Accounts
Note 1 Basis of preparation
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:
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Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
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and with Accounting Standards;
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and with the Charities Act.
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.
1.3 Changes to previous accounts
No changes have been made to accounts for previous years.
Note 2 Accounting policies
Incoming Resources
Recognition of incoming Resources
These are included in the Statement of Financial Activities (SoFA) when:
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the charity becomes entitled to the resources;
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the trustees are virtually certain they will receive the resources; and
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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.
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.
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.
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.
Note 3 Analysis of incoming resources
| Analysis Offerings Thanksgiving Tithes Building Fund Gift Aid Bank Interest Total |
Unrestricted Restricted £ £ 16,951.72 0.00 1,199.00 0.00 56,753.56 0.00 0.00 7,549.96 6,545.87 0.00 4.13 32.42 81,450.15 7,582.38 |
This year Last year £ £ 16,951.72 13,874.40 1,199.00 1,585.20 56,753.56 44,953.68 7,549.96 7,566.50 6,545.87 13,644.12 36.55 7.67 89,036.66 81,631.57 |
|---|---|---|
Note 5 Details of certain items of expenditure
5.1 Trustee expenses
| Note 5 Details of certain items of expenditure 5.1 Trustee expenses |
||
|---|---|---|
| This year | Last year | |
| Number of trustees who were paid expenses | 0 | 0 |
| Nature of the expenses | ||
| Total amount paid | ||
| 5.2 Fees for examination or audit of the accounts | ||
| This year | Last year | |
| £ | £ | |
| Independent examiner’s or auditors' | ||
| fees for reporting on the accounts | nil | nil |
| Other fees | 0 | 0 |
| This year | Last year | |
| Note 11 Creditors and accruals | £ | £ |
| Accrued Accountancy fees | 400 | 400 |
Note 12 Endowment and restricted income funds
Fund Name Type Purpose and restrictions BUILDING FUND R This represents funds allocated to the church building and designated as such.
12.2 Movements of major funds There has been no movement of major funds
12.3 Transfers between funds
There has been no movement between funds
Independent Examiner’s Report to the Trustees / Members of RCCG REDHILL Tabernacle
I report on the accounts of RCCG Redhill Tabernacle (Charity Number 1141602) for the year ended 04th July 2022.
Respective responsibilities of Trustees and Examiner’s
As the charity’s trustees you are responsible for the preparation of the accounts; we consider that the audit requirement of section 43(2) of the Charities Act 1993(the Act) does not apply. It is my responsibility to: Examine the accounts (under section 43 of the Act) To follow the procedures laid down in the General Directions given by the Charity Commission (under section 43 (7) (b) of the Act) and To state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiners statement
In connection with my examination, no matter has come to my attention:
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1) Which gives me reasonable cause to believe that in any material respect, the requirement to keep accounting records in accordance with section 41 of the Act; and
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2) To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the act, have not been met; or
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3) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
JOSEPH PHIRI (FCCA)
Josh Commercial Services Limited, Chartered Accountants,
5 Gayton Court, Somers Road, Reigate, RH2 9DX. 9th November 2022.