_Report and Financial Statements For the Year Ended 5 April 2024_ _4/05/2024_ _THE ROCK HOUSE BAPTIST CENTRE_ _Registered Charity No: 1144884_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ |**CONTENTS**|**Page**| |---|---| |Legal and administrative information|3| |Report of the Trustees|4| |Report from Reporting Accountant|14| |Statement of financial activities|16| |Balance sheet|17| |Notes to the financial statements|18| _2_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**LEGAL AND ADMINISTRATIVE INFORMATION**_ **Trustees:** _Rev Nicholas Jonas Ohemeng Mr. Freeman Bonsu Mrs Patience Acquaye_ **Registered Office:** _58B Ripple Road Barking London IG11 7PG_ **Charity Number:** 1144884 **Accountants:** Jacob Manu & Co Chartered Certified Accountants 64 Broadway Stratford London E15 1NT **Bankers:** Barclays Bank _3_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**REPORT OF THE TRUSTEES**_ The Trustees present Rock House Baptist Centre's annual report and financial statements for the year ended 5 April 2024. In preparing the charity's annual report and financial statements, the Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (revised 2005). The Report and Financial Statements also comply with the Companies Act 2006. ## _**STRUCTURE, GOVERNANCE AND MANAGEMENT**_ ## **Legal status and Governing document** The objects and powers of the Charity were established in the church's Constitution, which governs the church. The trustees are responsible for arranging and organising Annual General Meetings (AGM). ## **Appointment** The Trustees who held office during the financial year and at the date of this report are set out on page 3. The Trustees are elected by the church under the rules set out in the Constitution. The Church Council's appointment method is also set out in the Church Constitution. ## **Induction and Training** Trustees, as part of their induction and training, undergo a series of training sessions during which they are briefed on their legal obligations and the Charity Commission’s guidance on public benefit. They also explain the church's objects and aims. Trustees and volunteers are also encouraged to attend appropriate external training events, which will facilitate the undertaking of their role. ## **Organisation** The Board of Trusteesand Council members are responsible for the overall strategy and direction of the Ministry. The Board of Trustees and Council members have the responsibility of cooperating with the Reverend Minister in promoting the whole mission of the Church – pastoral, evangelistic, social and ecumenical. The Trustees give their time on a _4_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ voluntary and unpaid basis. The Church Council has wide responsibilities. It has several committees; each dealing with a particular aspect of church life. These committees which include music/worship, events, outreach, welfare, and finance are accountable to and report back to the Board of Trustees and Church Council on regular basis. ## **Risk Management** The trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity and are satisfied that systems are in place to mitigate exposure to the major risks. The trustees have a risk management strategy which comprises: - regular financial review to ensure the continuity of charitable activities. - ensuring all equipment are in good condition and safe for use. - Competence based training for volunteers and trustees. - liability insurance. - Monitoring of new legislative requirements. - Policies and procedures for children and vulnerable adults’ protection. - Health and safety risks ## **Interest of Board of Trustees** No member of the Trustees had, at any time during the period under consideration, any interests in the charity which require disclosure in this report. _5_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**AIMS AND PURPOSE/OBJECTIVES**_ The Rock House Baptist Centre was set up to, among others, to promote the religious and social well-being of the members and the community. The principal activities of the church include: 1. To propagate the Gospel of the Kingdom of God through activities such as regular Sunday meetings and weekly activities, conferences, ministerial training, and seminars. 2. To share and demonstrate God’s love by ministering to the needs of people (both members and others). 3. Worship services which are opened to the general public – during these services we encourage personal growth by developing and empowering people through preaching and teaching of the Gospel of Jesus Christ; by motivating people through seminars and conferences. 4. To develop strong society by encouraging and building strong family relationship through seminars/conferences and family friendly activities. 5. To evangelize in order to tell people about the love of Christ by the use of the media, tracts and other educative materials. 6. To undertake general charitable activities – such as providing aid for the needy. 7. To organise conferences and other social and community activities to let the people know their social responsibilities and to increase their relationship with God. _6_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**OBJECTIVES, AIMS AND PRINCIPAL ACTIVITIES**_ The church is committed to enabling as many people as possible to worship at our church and to become part of our community. The trustees and the church council maintain an overview of worship throughout the parish and constantly seek ideas on how our services can involve the diverse population and groups within our parish and the community. Our services and worship put faith into practice through prayer, scripture, music, and sacrament. When planning our activities for the year, the Board of Trustees has considered the Charity Commission’s guidance on public benefit, particularly on charities for advancing religion. In particular, we try to enable ordinary people to live out their faith as part of our church community through: - Worship and Prayer, learning about the Gospel, and developing their knowledge and trust in Jesus. - Provision of pastoral care for people living in the parish. - Missionary and outreach work. - Education and training The Statement of Financial Activities on page 16 summarises the results of church activities during the period. The charity's total income amounted to £46,785. The income was spent judiciously to meet the church's objectives. ## **Volunteers** We couldn't have achieved our aims and objectives without our volunteers' selflessness, hard work and dedication. The volunteers contribute significantly to the running of the church and enable it to fulfil its purposes. ## **Financial Review** The book values of the assets held at year-end are, in the opinion of the Board of Trustees, as stated in the financial statements. Also, in its opinion, adequate assets are available to fulfil the charity's obligations. Our principal source of funds comes from the generous donations of committed members through Tithes and Offerings. Total receipts on unrestricted funds were £46,785. _7_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## **Reserves Policy** The Trustees have identified the need for reserves to be held as developing a reserves policy will assist in strategic planning such as in considering how new projects or future activities will be funded. To ensure sustainability and continuity of funding future activities, the trustees plan to have unrestricted funds to cover at least 3 months of unrestricted payments. This policy will be reviewed regularly to meet the charitable needs of the Church. ## **Investment Policy** The Trustees have the power to invest in such assets as they see fit. The charity's investment policy is appropriate to the nature of the funds for which the investment is held. The primary investment aim is to provide a high degree of security and liquidity and to maximise returns whilst adopting a conservative approach. This policy is not yet implemented. ## **Grant Making Policy** As part of our charitable objectives of providing aid to the needy, grants are not made but donations are given in the form of cash gifts to needy people and to members who find themselves in some form of financial difficulty. _8_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**ACHIEVEMENT AND PERFORMANCE**_ ## **Worship and Prayer** The church continues to offer a range of services during the week and over the year. The church and the community find these services beneficial, promoting their spiritual growth. ## **Education, Missions and Evangelism** The church continues to educate and help those in need, and members are encouraged to take learning opportunities to facilitate their growth. ## **Pastoral Care** Pastoral visits were made to as many people as were willing to access this service. Counselling demand was again high this year as more people reached forward for effective. _9_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**STATEMENT OF TRUSTEES’ RESPONSIBILITIES**_ The Charity Commission 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 at the year end, of its incoming resources and resources expended during that year. In preparing those financial statements, the Trustees are required to: - ➢ Prepare trustees annual reports and submitting annual returns forms and accounts - ➢ Comply with the rules of the charity as set out in the governing document - ➢ Ensure the charity is run carefully, by making sure it: - ➢ Uses its charitable funds and assets wisely to further its charitable aims - ➢ Does not do anything to put its property, funds, assets, or reputation at risk - ➢ Takes appropriate care and advice when investing or borrowing money. ## **INDEPENDENT EXAMINER** Jacob Manu & Co. has expressed its willingness to continue in service, and a resolution on this will be put to the Board of Trustees at the forthcoming Annual General Meeting. _10_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**STATEMENT OF DISCLOSURES**_ a) So far as the Trustees are aware, there is no relevant information of which the Church’s Independent Examiners are unaware, and b) They have taken all the steps that they ought to have taken as Trustees in order to make themselves aware of any relevant information and to establish that the Church's Independent Examiners are aware of that information. By order of the Board of Trustees ............................................... Rev Nicholas Ohemeng Trustee Date: 12/12/2024 _11_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**INDEPENDENT EXAMINERS’ REPORTFOR THE YEAR ENDED 05 APRIL 2024**_ We have examined the financial statements on pages 16 to 19 for the year ended 30 April 2024 which comprises the statement of financial activities. The financial statement has been prepared under the historical cost convention and the accounting policies set out therein. The report is made solely to the Charity's Trustees, as a body, in accordance with Section 44 of the Charities Act 1993. The Trustees of the charity are of a general opinion that an audit is not required in accordance with Section 43(2) of the 1993 Act, and have opted for an independent examination instead. ## **Respective responsibilities of trustees and independent examiners** The Trustees, have responsibilities for preparing the Trustees' Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards. These are set out in the Statement of Trustees' Responsibilities in the Report of the Trustees. Our responsibilities as independent examiners of the charity are 1. to examine the books and accounts of the charity in compliance with Section 43 of the 1993 Act; 2. to strictly adhere to the general directions provided by the Charity Commission under Section 43(7)(b) of the Charities Act 1993; and 3. to state whether matters have come to our attention in the course of our examination. We report to you whether the financial statements have properly been prepared in accordance with United Kingdom Generally Accepted Accounting Practice, the Companies Act 2006 and in accordance with the Charities Act 1993. We also report to you whether the information given in the Trustees' Report is consistent with the financial statements. We consider the implications of our report if we become aware of any apparent misstatements or material inconsistencies with the financial statement In addition we report to you if the charity has not kept proper accounting records, if we have not received all the information and explanations we require for our work, or if information specified by law regarding trustees' remuneration and other transactions with the charity is not disclosed. _12_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## **Basis of opinion** Our examination was carried out in accordance with the General Directions provided by the Charity Commission. It includes reviewing the books, documents, and other accounting records the charity keeps and comparing these with the accounts presented. Our examination also includes consideration of any unusual disclosures or items in the accounts and seeking explanations from the Trustees. It is imperative to state that the procedures undertaken do not provide all the evidence required in an audit. Consequently, no opinion is given as to whether the accounts present a 'true and fair view'. Our report is, therefore limited to the statements below: ## **Independent examiners' statement** In connection with our examination, we report that no matter has come to our attention, which gives cause to believe that the following have not been met: 1. Keeping proper accounting records in accordance with Section 386 and 387 of the Companies Act 2006. 2. Preparing accounts that accord with the underlying accounting records and are in compliance with the Companies Act 2006, the United Kingdom Generally Accepted Accounting Practice (UK GAAP), the Statements of Recommended Practice (SORP)— Accounting and Reporting by Charities, and the Charities Act 1993. 3. Consistency of the information contained in the Trustees Report with the financial statements. ..................................................... Date: .........12...... Day of......12.........2024 Jacob Manu & Co Chartered Certified Accountants _13_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**STATEMENT OF FINANCIAL ACTIVITY FOR THE PERIOD ENDED 05 APRIL 2024**_ |**_Descriptions by natural_**
**_category_**
_Note_
**_Incoming resources_**
_3_
_Voluntary Income_
_HMRC Grant_
_Other Income_
**_Total incoming resources_**
**_Resources expended_**
_4_
_Cost of Activities_
_Governance Cost_
**_Total resources expended_**
**_Net incoming/(outgoing) resources_**
**_before transfers_**
**_Gross transfers between funds_**
**_Net incoming/(outgoing) resources_**
**_before other recognised_**
**_gains/(losses)_**|**_Unrestricted_**
**_funds_**
**_Restricted_**
**_income_**
**_funds_**
**_Total this_**
**_year_**
**_2024_**
**_£_**
**_£_**
**_£_**|**_Unrestricted_**
**_funds_**
**_Restricted_**
**_income_**
**_funds_**
**_Total this_**
**_year_**
**_2024_**
**_£_**
**_£_**
**_£_**|**_Unrestricted_**
**_funds_**
**_Restricted_**
**_income_**
**_funds_**
**_Total this_**
**_year_**
**_2024_**
**_£_**
**_£_**
**_£_**|**_Total last_**
**_year_**
**_2023_**
**_£_**| |---|---|---|---|---| ||_36,771_|_-_|_36,771_|_26,618_| ||_10,014_|_-_|_10,014_|_3,174_| |||_-_||_7_| ||_-_|_-_|_-_|_-_| ||_-_|_-_|_-_|_-_| ||**_46,785_**|**_-_**|**_46,785_**|**_29,792_**| |||||| ||_25,996_|_-_|_25,996_|_21,720_| ||_-_|_-_|_-_|_-_| ||_480_|_-_|_480_|_420_| ||_-_|_-_|_-_|_-_| ||_26,476_|_-_|_26,476_|_22,140_| ||_20,309_|_-_|_20,309_|_7,652 _| ||_-_|_-_|_-_|_-_| ||**_20,309_**|**_-_**|**_20,309_**|**_7,652_**| ## _**Other recognised gains/(losses)**_ |**_cognised gains/(losses)_**||||| |---|---|---|---|---| |**_Net movement in funds_**
**_Total funds brought_**
**_forward_**_1/05/2023_
**_Total funds carried forward_**
30/04/2024|_20,309_|_-_|_20,309_|_7,652_| ||_12,017_||_12,017_|_4,365_| ||**_32,326_**||**_32,326_**|**_12,017_**| _14_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**Balance sheet as at 05 April 2024**_ |**_Balance sheet as at 05 April 2024_**|**_Balance sheet as at 05 April 2024_**|| |---|---|---| |_Note_
**_Total this year_**
**_2024_**
**_£_**
**_Fixed assets_**
**_Tangible assets_**
_6_
_25,128_
_-_
**_Investments_**
_-_
**_Total fixed assets_**
_25,128_
**_Current assets_**
**_Stock and work in progress_**
_-_
**_Debtors_**
_7,200_
**_(Short term) investments_**
_-_
**_Cash at bank and in hand_**
_9,393_
**_Total current assets_**
_16,593_
**_Creditors: amounts falling due within one_**
**_year_**
_1,260_
**_Net current assets/(liabilities)_**
_15,333_
**_Total assets less current liabilities_**
**_40,461 _**
**_Creditors: amounts falling due after one year_**
_8,135_
**_Provisions for liabilities and charges_**
_-_
**_Net assets_**
_32,326_
**_Funds of the Charity_**
_7_
**_Unrestricted funds_**
_32,326_
**_Designated funds_**
_-_
**_Total unrestricted funds_**
**_Restricted income funds_**
**_Total funds_**
**_32,326_**||**_Total last year_**
**_2023_**
**_£_**| ||_25,128_|_22,128_| ||_-_|_-_| ||_-_|_-_| ||_25,128_|_22,128_| |||| ||_-_|_-_| ||_7,200_|| ||_-_|_-_| ||_9,393_|_6,931 _| ||_16,593_|_6,931 _| |||| ||_1,260_|_1,247_| |||| ||_15,333_|_5,684 _| |||| ||**_40,461 _**|**_27,812_**| |||| ||_8,135_|
_15,795-_| ||_-_|_-_| |||| ||_32,326_|_12, 017_| |||| ||_32,326_|_12,017_| ||_-_|_-_| |||| |||| ||**_32,326_**|**_12,017_**| _15_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 05 APRIL 2024 Registered Charity Number 1144884**_ ## _1 ACCOUNTING POLICIES_ The principal accounting policies which have been adopted are set out below: - ## _2 BASIS OF ACCOUNTING_ The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice, “Accounting and Reporting by Charities” (SORP 2005) issued in January 2005. ## _3 INCOMING RESOURCES_ Voluntary income, including grants that provide core funding or are of a general nature, is recognized in full in the Statement of Financial Activities in the year in which they are receivable, except when the donors specify that the grant given must be used in a future accounting period; the income is deferred until those periods. Incoming resources from charitable activities include income received under contract or where entitlement to grant funding is subject to specific conditions to deliver and is recognised, whereas the service is provided. Other income is accounted for on a cash basis. ## _4 RESOURCES EXPENDED_ Expenditure is recognised when the liability is incurred. - The cost of generating funds are those incurred in attracting voluntary income - Charitable activities include expenditure associated with the delivery of services and include both direct costs and support costs relating to each service - Governance costs include the costs of the charity, including strategic planning for its future development, independent examination, any legal advice and all costs of complying with the constitutional and statutory requirements, such as costs of Trustees and the preparation of statutory accounts. - Support costs include overhead and other costs not directly attributable to a particular function. They are apportioned over the relevant activity on the basis of management estimates of consistency with resource use, e.g., staff cost by time spent, property costs by floor space, and other costs by their usage. _16_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## _**NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 30 APRIL 2024 Registered Charity Number 1144884**_ ## _5 TAXATION_ The organization is a charitable institution with exemption from UK taxation under section 505 of the Income and Corporation Taxes Act 1988. ## _6 TANGIBLE NON-CURRENT ASSETS_ The organization’s non-current assets include musical instruments, and they are depreciated on straight line basis ## _7 FUND ACCOUNTING_ Unrestricted funds are grants, donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds. Restricted funds can only be used for specific purposes as laid down by the donor. Expenditure that meets this criterion is charged to the fund, together with a fair allocation of management and support costs. Designated funds are funds set aside by trustees out of unrestricted general funds for specific future purposes or related to grants given specifically for the purchase of assets where the use is not restricted. The aim and use of each designated fund are set out in the notes to the financial statements. _17_ _Rock House Baptist Centre Trustees Annual Report & Financial Statements_ ## **CHARITABLE EXPENSES** |**CHARITABLE EXPENSES**|| |---|---| |Ministers' stipend
Rent/Hall Hire/Rate
Printing and stationery
Telephone
Professional fees
Music
Repairs and maintenance
Insurance
Welfare and mission
Office Administration
TOTAL|**Unrestricted**
**2024**
**2023**
**Total**
**Total**
£
£
£
9,700
9,700
12,100
4,352
4,352
5,606
502
502
452
305
305
204
480
480
420
1,850
1,850
2,150
412
412
0
224
224
0
3,421
3,421
0
5,230
5,230
1,208| ||26,476
26,476
22,140| _18_