## RCCG Hope Chapel
## **LEVENSHULME, MANCHESTER**
**THE REDEEMED CHRISTIAN CHURCH OF GOD, HOPE CHAPEL TRUSTEE’S REPORT AND ANNUAL ACCOUNTS**
**FOR THE YEAR ENDED 31ST DECEMBER 2020**
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## RCCG Hope Chapel
## **LEVENSHULME, MANCHESTER**
||Page|
|---|---|
|Corporate Information|3|
|Board of Trustee’s Report|4|
|Independent Examiner’s Report|14|
|Statement of Financial Activities|15|
|Statement of Financial Position|16|
|Accounting Policies|17|
|Notes|18|
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
**Corporate Information**
|**Registered Charity Number:**|1145966|
|---|---|
|**Registered Office:**|9 Sandpiper Drive, Adswood|
||Stockport, SK3 8UL|
|**Principal Office:**|1st / 2nd Floor, 958/960 Stockport Road|
||Levenshulme, Manchester|
||M19 3NN|
|**Board of Trustees:**|Pastor Harrison Odi (Chairman)|
||Mr Adebayo Famotibe (Secretary)|
||Mr Benedict Okonkwo|
|**Bankers:**|Natwest|
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
**Board of Trustee’s Report**
## **1.0 Introduction**
The Trustees present their annual report and financial statements of the charity for the Year ended 31st December 2020. The Trustees have adopted the provisions of the Statement of Recommended Practices (SORP) ‘Accounting and reporting by charities’ issued in March 2005 in preparing the report and financial statement of the charity
## **1.1 Public Benefit Statement**
The Trustees confirm that they have complied with the duty in section 4 of the Charites Act 2011 to have due regard to the Charity Commission’s guidance on public benefit "Charites and Public Benefit".
## **1.2 Structure, Governance and Management**
The Redeemed Christian Church of God Hope Chapel Manchester (RCCG Hope Chapel) is a parish of the Redeemed Christian Church of God. This is a network comprised of churches all over the world. There is an agreement of common purposes entered into by RCCG Hope Chapel Manchester with the Redeemed Christian Church of God which documents this relationship.
Registered in 2012, it is governed by a Trust Deed and is controlled by a board of trustees whose members are appointed as set out in the constitution of the charity. Membership of the Board of Trustees consists of 3 individuals appointed by the charity who are of high spiritual and moral standing.
## **1.3 Objectives and Activities**
The charities main objects are:
- The advancement of Christian religion worldwide, and
- The relief of poverty worldwide
It pursues these objects by the operation of a centre for Christian worship currently located at 958/960 Stockport Road, Manchester and through other community-based events aimed at reaching out the un-churched members of the community.
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## **Board of Trustee’s Report**
As a local parish our motto is “restoring hope to humanity through the Holy Spirit”. This reinforces our focus on less privilege, drug addict, jobless, families, young adults and children. We believe that strong families are the building blocks of stronger communities, and strong community clusters are in turn the backbone of cohesive society and nations. We seek to achieve this by encouraging a culture of faith and prayer within our community through our Sunday celebration/prayer services and Wednesday bible study meeting. _”_
## **1.4 Achievements and Performance**
## **Hope Chapel RCCG 9th Year Anniversary**
Hope chapel celebrates it’s 9th year anniversary, Theme: Greater Glory with Special guest Speaker: Pastor Musa Bako.
## **Daily Conversation with Families**
Due to the pandemic to hit this year, the church created a platform to connect with families
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
**Board of Trustee’s Report**
## **Mothers Day Celebration 22/03/2020**
Hope Chapel Celebrates Mothers day, Appreciating all the women in the House.
## **Easter Sunday 12/04/2020**
The Easter Weekend was another great weekend we the church celebrates the love of Christ virtually due to the pandemic.
## **Lunch Hour Prayer 13/04/2020**
The church lunched Lunch Hour Prayer for Mondays & Thursdays with Great attaendance and togetherness.
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
**Board of Trustee’s Report**
## **Welfare support**
The church support families due to the covid pandemic with providing support in food stuffs among other things. getting it delivered to homes.
## **Special Sunday Service 31/05/2020**
We had a special Guest Speaker Pastor Wole Osinupebi that talked on Topic “In times like these” to empower evvery member during the pandemic period
## **Super Weekend Service 19-21/06/2020**
A special weekend service tagged: Prayer & Revival conference with guest speaker Jerry Eze. It was an amazing one to empower the members.
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
**Board of Trustee’s Report**
## **Live Chat with Pastor Poju Oyemade 26 - 27/06/2020**
There was a Q&A session for the members discussing about the way forward in the covid era. It was an eye opener for everyone.
## **Marriage Conference 4-5/07/2020**
Hope Chapel Annual Marriage conference was great and done via online ZOOM, different topics where discussed that benefits marraige and lots of fun.
## **Women of Hope Conference**
Due to pandemic, this was done online, The conference themed Virtuous Woman, was an anmazing one with great feedbacks from the women.
## **Childrens Day celebration**
The children had an amazing time preparing for this event. It was a way of getting them involved in the activities of the church.
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
**Board of Trustee’s Report**
## **Healthy Living 2020**
The women organised a health living session for the church. We giving God the glory for the success of the event.
## **Men of Hope Empowerment**
The Men of the church organized an empowerment session themed Nobody Greater. This was to encourage men in these trying times.
## **Teens Sunday 2020**
The Teens Sunday was the first of its kind. The Teens took over the church and it was great seeing things from their perspectives.
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## **Board of Trustee’s Report**
## **Praise Night 2020**
The choir outdeed themselves this year with their Praise Night, It was a night of reflection and appreciation to God for sustenance for the year 2020.
## **End of the year 2020**
An amazing Sunday where all workers and volunteers are appreciated, included also was Christmas carol night, an amazing night where everyone was encouraged to participate including the children.
## **Cross Over Service 2020**
Cross Over service 2020 was glorious, An amazing way to end the year.
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## **Board of Trustee’s Report**
## **1.5 Charity Support**
Hope Chapel RCCG support different charities worldwide
Including difference churches in Nigeria in need of Support/Welfare.
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
**Board of Trustee’s Report**
## **1.6 Risk Management**
The trustees are quite satisfied with the management of the finances to fulfil the charity’s objectives despite the unpredictable nature of our income.
The trustees actively review the major risks which the charity faces on a regular basis. The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems
have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks including DBS checks on all volunteers working with children.
## **1.7 Financial Review**
During the year to 31st December 2020, the church had a total income of £149,726. At the year end, the level of cash reserves available for the charity’s use (excluding fixed assets) was £114,185 (of which £38,638 is restricted). Total operating charitable expenditure was £122,969 giving an operating surplus of £26,757.
The Charity’s principal funding sources are the individuals who attend the church services and partner with the ministry via monthly donations.
## **1.8 Reserve Policy**
The Trustees are aware of the need to establish a reserves policy to maintain a balance on unrestricted funds and are working to achieve a desired level of funds of about 30-35% of the gross income.
## **1.9 Volunteers**
The number of volunteers in 2020 was relatively stable. Some had to relocate to their home country after the expiry of their visas. Active volunteers are about 60 and passive about 10.
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## **Board of Trustee’s Report**
## **2.0 Trustees’ Responsibilities**
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law 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 net income or expenditure of the charity for the year. In preparing these financial statements the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material
- departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going-concern basis unless it is inappropriate to
- presume that the charity will continue in business.
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 Companies Act 2006. 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 Board of Trustees on 30/06/2021 and signed on their behalf by:
**Full Name:** Pastor Harrison Odi
## **Signature:**
**Position:** Chairman
**Date:** 30 June 2021
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## **Independent Examiner’s Report**
**Report to the trustees/members of:** The Redeemed Christian Church of God Hope Chapel **On accounts for the year ended:** 31st December 2020 **Charity No:** 1145966
## **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:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. 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 accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which give me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act;
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Signed: Date:** 30 June 2021
**Name:** Tobi Labeodan FCCA, for and on behalf of Chedders Ltd
## **Relevant professional qualification(s) or body (if any):** ACCA
**Address:** Ground Floor, Synium House, r/o 94-96 High Street, Henley in Arden B95 5FY
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## **Statement of Financial Activities: Year Ended 31st December 2020**
|**Notes**
**Income:**
Donations and legacies
**1**
Other income (Grants)
**1**
**Total Income**
**Total Income**
**Expenditures on:**
Charitable Activities
**2**
Other Charitable Activities
**2**
Other Costs
**2**
**Total Expenditures**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised gains/(losses):**
Gains/(losses) on revaluation of fixed assets
Gains/(losses) on investment assets
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward at 1 January
Total funds carried forward at 31 December|**2020**
**2020**
**2020**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
108,963
2,086
111,049
38,677
-
38,677
**147,640**
**2,086**
**149,726**
**147,640**
**2,086**
**149,726**
113,570
-
113,570
8,949
-
8,949
450
-
450
**122,969**
**-**
**122,969**
**24,671**
**2,086**
**26,757**
-
-
**24,671**
**2,086**
**26,757**
68,692
36,552
105,244
**93,363**
**38,638**
**132,001**|**2019**
**2019**
**2019**|
|---|---|---|
|||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**|
|||**£**
**£**
**£**|
|||133,501
4,055
137,556|
|||6,697
-
6,697|
|||**140,199**
**4,055**
**144,254**|
||||
|||**140,199**
**4,055**
**144,254**|
||||
||||
|||120,215
-
120,215|
|||11,985
-
11,985|
|||450
-
450|
|||**132,649**
**-**
**132,649**|
||||
|||**7,549**
**4,055**
**11,604**|
||||
||||
||||
||||
|||-|
|||-|
|||**7,549**
**4,055**
**11,604**|
||||
|||61,143
32,497
93,640|
||||
|||**68,692**
**36,552**
**105,244**|
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## **Statement of Financial Position: Year Ended 31st December 2020**
|**Notes**
**Fixed Asset**
Tangible assets
**3**
**Total Fixed Asset**
**Current Assets**
Loans & Advances
Accrued Income
Cash at bank and in hand
Other Debtors
**Total Current Assets**
**Creditors: amounts falling due within one year**
Other Creditors
Other Current Liabilities
**Total Creditors: amounts falling due within one year**
**Net current assets (liabilities)**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
Other Non-Current Liabilities
**Total Creditors: amounts falling due after more than one**
**year**
**Total net assets (liabilities)**
**The funds of the charity:**
Retained Reserve
Restricted reserves
Surplus/(Deficit) for the year
**Total charity funds**|**2020**
**£**
9,716
**9,716**
-
-
114,185
8,550
**122,735**
450
-
**450**
**122,285**
**132,001**
-
**-**
**132,001**
66,606
38,638
26,757
**132,001**|**2019**|
|---|---|---|
|||**£**|
||||
|||11,543|
|||**11,543**|
||||
||||
|||-|
|||-|
|||88,351|
|||5,800|
|||**94,151**|
||||
||||
|||450|
|||-|
|||**450**|
||||
|||**93,701**|
||||
|||**105,244**|
||||
||||
|||-|
|||**-**|
||||
|||**105,244**|
||||
||||
|||57,088|
|||36,552|
|||11,604|
|||**105,244**|
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## **Accounting Policies**
## **Scope and Basis of the Financial Statements**
The accounts 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 published in March 2005.
## **Income**
Revenue is recognised in the period in which the charity is entitled to receipt once the amount can be measured with reasonable certainty.
## **Expenses**
Expenditure is included in the Statement of Financial Activities (SoFA) on an accruals basis and is recognised at the point when a legal or constructive obligation arises. The majority of costs are directly attributable to specific activities. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Fixed assets**
Fixed assets with an individual purchase of £300 or more are capitalised and stated at cost less depreciation which is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:
|Fixtures and fittings|20%|
|---|---|
|Equipment|20%|
|Vehicles|20%|
|Building|2%|
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_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
## **Notes**
## **1. Income**
## **2.**
|**Income**
Donations and legacies
Restricted Income
**Total donations & legacies**
**Other income**
Gift Aid Receipts
Other income
**Total other income**
**Total Income**
**Expenditures**
**Charitable Activities**
Premises
Utilities
Travel
Motoring & transportation
Insurance
Administration
Advertising
Finance charges
Operations
Honorarium
Depreciation
Training
Professional fees and services
**Total Charitable Activities**
**Other Charitable Activities**
Outreach
Central Office
Welfare & Benevolence
Charitable Donations
**Total Other Charitable Activities**
**Other Costs**
Accountancy fees
**Total Other Costs**|**2020**
108,963
2,086
**111,049**
6,985
31,692
38,677|**2019**|
|---|---|---|
|||133,501
4,055|
|||**137,556**|
|||6,566
131|
|||6,697|
||**149,726**
**2020**
**£**
7,842
1,615
315
2,764
1,234
79,305
110
484
7,340
2,773
6,499
-
3,290
**113,570**
460
2,675
2,215
3,599
**8,949**
450
**450**||
|||**144,254**|
|||**2019**
**£**
8,483
1,997
5,716
4,994
747
62,851
65
587
13,064
4,100
6,891
600
10,120
**120,215**
2,991
5,448
2,206|
|||1,340|
|||**11,985**
450
**450**|
_**RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT**_
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## **Notes**
## **3. Assets**
|**Cost**
At 1 January 2020
Additions
Disposals
Revaluations
At 31 December 2020
**Depreciation**
At 1 January 2020
Charge for the year
Adjustments
At 31 December 2020
**Net Book Value**
At 1 January 2020
At 31 December 2020|**Vehicles**
**£**
24,745
**24,745**
20,808
3,937
-
**24,745**|**Equipment**
**Fixtures &**
**Fittings**
**£**
**£**
14,359
2,250
4,672
-
-
**14,359**
**2,250**
6,734
2,271
2,583
(21)
-
**9,317**
**2,250**
**7,625**
**(21)**
**5,042**
**0**|**Total**
**£**
**41,354**
**4,672**
**-**
**-**|
|---|---|---|---|
||||**46,026**|
||||**29,813**
**6,499**
**-**|
||||**36,311**|
|||||
||**3,937**||**11,541**|
||**(0)**||**9,715**|
## **4. Related Party Transactions**
During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 3 under Central Office and Charitable Giving.
## **5. Trustee Remuneration & Expenses**
During the year, there were not payments or reimbursement of expenses to trustee members.
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