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2021-12-31-accounts

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 2021

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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 16
Statement of Financial Activities 17
Statement of Financial Position 18
Accounting Policies 19
Notes 20

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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 Samuel Okodoa
Pastor Olalekan Kaffo
Pastor Ayodele Ogunnubi
Bankers: Natwest

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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 2021. 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:

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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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 10[TH] YEAR ANNIVERSARY

Hope chapel celebrates amazing 10 years anniversary, Theme: Great & Thriving Grace. It was a 5-Days event with Amazing Speakers. We give God the ,glory.

Housefellowship Leaders conference 13/03/2021

This is a virtual conference attaended by all housefellowship leaders it was aimed at HF management.

Mothers Day Celebration 14/03/2021

Hope Chapel Celebrates Mothers day, Appreciating all the women in the House.

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Board of Trustee’s Report

Teens Teachers conference 20/03/2021

This is a virtual conference attaended by all teens teachers it was aimed at teens class restructuring and management.

Easter Sunday 04/04/2021

The Easter Weekend was another great weekend we the church celebrates the love of Christ virtually due to the pandemic.

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Childrens Day Celebration 30/05/2021
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This is a date set aside to celebrate the children, They all minister in different aspect during the chruch service.

Relationship 29/05/2021

A relationship series programme was started for the youth, it was done virtually and educative for all the youth/singles.

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Board of Trustee’s Report

Mid Year Praise Night 12/06/2021

Mid- Year praise was an eventful one, it was eventful- everybody rejoice and celebrate

Fathers Day Celebration 20/06/2021

Fathers day celebration was done in the church, the women celebrated the men, with gift and took over all the activity of the church for that day.

MOH BBQ 26/06/2021

The Men of Hope organise A BBQ for all its members, it was a good bonding time within all the men with

games among other things

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Board of Trustee’s Report

House Fellowship 27/06/2021

The first of its kind house fellowship Sunday, It was a way of educating the church about HF, it was parked with the 6 house fellowship centre of the church showcaing talents with games amongs other things.

Pastors Appriciation week 28 June - 4/07/2021

The church celebrate our dear pastors Austin and Lara John, Appreciating them for all that they do. It was a week of celebration.

Marriage Conference 10/07/2021

Hope Chapel Annual Marriage conference was great and done in the chruch, everything went great, with our special guest Pastor Niyi. Every couple participated and was a lively event.

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Board of Trustee’s Report

HC Family BBQ 24/07/2020

Hope chapel annual BBQ was great this year, new people joining in as it was done in a park. It was an oppotunity to evangelise. It was fun wit different games for kids and adult.

Sport day 31/07/2021

The men had a football match with another neigbouring church New Convenant. It was fun and exciting time for the men.

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RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT

Board of Trustee’s Report

Destiny Youth outing 14/08/2021

The youth visited Blacpool, it was a great hangout session amongs youth filled with quizzees, outdoor games by the beach rides at blackpool pleasure beach

Teens outing 27-30/08/2021

The teens visited Southport, it was a great hangout session amongs the teenagers filled with quizzees, outdoor games by the beach swimming and relaxed atmosphere to study the word of God

Welcome Week 20-24/09/2021

Welcome week 2021, As usual we welcomed new students into the comunity as they joney to Manchester.

MOH HANGOUT 30/10/2021

Men’s Hangout. The men went out for bowling and meal. It was a fun time together amongs the men. Discussions, games, e.t.c

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Board of Trustee’s Report

MOH RETREAT 20/11/2021

The men had a prayer retreat virtually, it was a time to reflect and pray together as men.

Finishing Strong conference 21/11/2021

The church had a special programme with guest Pastor Rueben Inwe, it was a great time in Gods presence.

End of the Year Praise Night 04/12/2021

The church annual praise night comes up in the year 2021 with different artist and choirs ministring, it was an awesome atmosphere for everyone.

Love Feast 12/12/2021

The End of the year love feast was amazing, it was a Sunday of celebration for the year 2021

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Board of Trustee’s Report

Sunday Special 19/12/2021

This is a Sunday dedicated to all workers in appreciating them for there tireless effort in running the church. It was also a chrsitmas jumper Sunday. It was an amazing atmosphere

Chrismas Carol 24/12/2021

We had a virtual christmas carol this year via zoom and youtube, it was fun with quizess and song rendition on christmas eve.

Cross over Night 2021

Cross Over Service 2021 was glorious, an amazing way to end the year

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Board of Trustee’s Report

Hope Chapel Charity Support

Hope Chapel RCCG support different charities worldwide

Including difference churches in UK/ Nigeria in need of Support/Welfare

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.

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Board of Trustee’s Report

1.7 Financial Review

During the year to 31st December 2021, the church had a total income of £200,079. At the year end, the level of cash reserves available for the charity’s use (excluding fixed assets) was £169,576 (of which £39,837 is restricted). Total operating charitable expenditure was £122,969 giving an operating surplus of £65,468.

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 2021 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:

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 31/03/2022 and signed on their behalf by:

Full Name: Pastor Samuel Okodoa

Signature:

Position: Chairman

Date: 31 March 2022

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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 2021 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:

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:

(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: 31 March 2022

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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Statement of Financial Activities: Year Ended 31st December 2021

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		 2021
2021
2021
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
156,317
1,199
157,516
42,563
-
42,563
198,880
1,199
200,079
198,880
1,199
200,079
107,756
-
107,756
26,405
-
26,405
450
-
450
134,611
-
134,611
64,269
1,199
65,468
-
-
64,269
1,199
65,468
93,363
38,638
132,001
157,632
39,837
197,469		 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
110,755
-
110,755
11,764
-
11,764
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

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RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT

Statement of Financial Position: Year Ended 31st December 2021

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		 2021
£
16,847
16,847
-
-
169,576
11,497
181,072
450
-
450
180,622
197,469
-
-
197,469
92,164
39,837
65,468
197,469		 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

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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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Notes

Notes Notes
1.
Income
Donations and legacies
Restricted Income
Total donations & legacies
Other income
Gift Aid Receipts
Other income
Total other income
Total Income
2.
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		 2021
156,317
1,199
157,516
21,808
20,755
42,563		 2020
108,963
2,086
111,049
6,985
31,692
38,677
149,726
200,079
2021
£
10,581
2,863
1,931
2,063
1,046
74,813
808
579
2,493
4,285
4,594
-
1,700
107,756
13,271
2,100
9,177
1,857
2020
£
7,842
2,296
315
2,764
1,234
81,311
110
484
1,837
2,773
6,499
-
3,290
110,755
3,275
2,675
2,215
3,599
26,405
450
450		 11,764
450
450
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Notes

3. Assets

Cost
At 1 January 2021
Additions
Disposals
Revaluations
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
Adjustments
At 31 December 2021
Net Book Value
At 1 January 2021
At 31 December 2021		 Vehicles
£
24,745
24,745
24,745
-
-
24,745		 Equipment
Fixtures &
Fittings
£
£
19,032
2,250
11,725
-
-
30,757
2,250
9,316
2,250
4,594
-
-
13,910
2,250
9,716
-
16,847
-		 Total
£
46,027
11,725
-
-
57,752
36,311
4,594
-
40,904
- 9,716
- 16,848

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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