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2022-12-31-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 2022

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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 19
Statement of Financial Activities 20
Statement of Financial Position 21
Accounting Policies 22
Notes 23

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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 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 2022. 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

YOUTH JOB FAIR AND CAREER EXPO - 02/01/2022

The youth wing of the church organized a workshop/seminar which was widely attended by good numbers of the youths and invitees.

HOPE CHAPEL RCCG 11[TH] YEAR ANNIVERSARY

Hope chapel celebrates an amazing 11th year anniversary, Theme: Shining in Glory . It was a 3-Day event withseasoned Speakers. We give God the glory for the move of God during the event.

SUNDAY SCHOOL REGIONAL CONFERENCE 26-27/03/2022

The Sunday school regional conference was held virtually and it was attended by some of members and Teachers.

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Board of Trustee’s Report

Mothers Day Celebration 27/03/2022

Mothers’ day was celebrated by the women of Hope Chapel wiyh a Theme: ‘Godly Mother’. It was a glorious moment before the Lord and the women used the occassion to show their gratitudes to their husbands as well as all women in the house.

Light Up Manchester 12/03/2022

This is a monthly programme embarked by Hope Chapel to reach out to the unsaved through evangelism and extending the hands of hospitality to the needies in Manchester and environ.

RCCG WEEK OF PRAYER 28/03 to 02/04/2022

Hope Chapel participated in week of prayer organised by the mission.

Easter Sunday 17/04/2022

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

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Board of Trustee’s Report

Women Of Hope Barbeque, May 14[th] ,2022

The women wing of the church held their barbeque on the 14th of May, 2022 at the designated venue’

Men of Hope Empowerment 2022

Childrens Day Celebration 29/05/2022

This is a date set aside to celebrate the children, They all ministered in different aspect during the chruch service. They were all excited to participate in such an annual event

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Board of Trustee’s Report

- Empowerment Conference June 3rd 5th,2022

An empowerment Conference was held in the church to equip the church members both spiritually and in their secular lives which help them to be productive so that they can give back to the society.

Youth Summer Hang out June 18th,2022

Youth Summer Hangout was organised by the church for more integration among the youths,this realy boosted their participation in church activities.

Mid Year Praise 2022

The mid-year praise was held on June 11[th] , 2022. It was a glorious event that lifted many souls and impacted lives.

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Board of Trustee’s Report

Light up Salford

Light ups are monthly evangelism programme held by the church and that of June was held on June 18th, 2022 at Salford

Fathers Day June 19th,2022

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.

Marriage Conference June 25th,2022

The church held a marriage conference on June 25th,2022 in a venue outside the church environment anchored by a seasoned pastor . It was romantic , every couple in attendance had fun and were equally blessed.

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RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT

Board of Trustee’s Report

Football Match July 9[th] ,2022

The church organised a football match between the men and destiny youths, alot of calories were burnt.

Light Up Longsight

The monthly evangelism outreach for the month of July was held on the 16[th] of july,2022 at Longsight with good number of the church members in attendance.

Destiny Youths Empowerment Programme July 16[th] , 2022

The Youth wing of the church organised an empowerment programme virtually tagged FINANCIAL MANAGEMENT. The programme was well attented by most of the youths and some of the church members

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Board of Trustee’s Report

Football Match, July 23rd, 2022

A football match was organised between Men of Hope ( the men) of the church and Global Visoin Initiative on the 23[rd] of July,2022 which was played at Power League Ardwick Manchester.

Family Fun Day Barbeque July 30[th] , 2022

The annual family barbeque event came up on the 30th of July,2022. It was a fun fare event that cut across all members of the church. All kinds of sporting activities were not left out as members wined and dined.

Immigration Workshop,July 31[st] , 2022

The church put together an immigration workshop on Sunday 31st of July,2022 to sensitise the church members on immigration matters. There were cross sections of questions and answers that provide solution to some immigration challenges.

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Board of Trustee’s Report

Women Conference, August 6th, 2022

The Women of Hope,the women wing of the church organised a conference with the theme SHINNING IN GLORY and a guest minister was invited.

- Church Summer Outing Friday 26[th] Monday 29[th] of August,2022

The church organised a summer outing for all interested members that took them out of Manchester to Wales with family members.

RCCG Uk National Teachers Conference 9[th] -10[th] September,2022.

The teachers conference was held virtually for two days and Sunday school teacher in Hope Chapel were in attendance.

Students Welcome week, September 19[th] -23[rd] ,2022.

The annual students welcome week for 2022 took place between 19th and 23rd of september,2022 at Manchester University.The team led the group of other church members to the venue of the programme to welcome new students to the university environment and also used the opportunity to preach the gospel of Jesus Christ to the new students and to invite them to the church.

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Board of Trustee’s Report

Special Sunday October 2[nd] , 2022

The church held a special programme on October 2nd,2022 with the theme OUTPOURING GRACE and a guest pastor and the wife were invited.

Festival Of Life ,October 14[th] ,2022

FOL was held on 14th of October,2022 in London . It was the first physical gathering of FOL after the out break of the pandemic.

Youth Sunday\Fresher Luncheon,October 30[th] ,2022

Youth Sunday\Fresher Luncheon was held on the 30[th] of October both freshers and old students in the church were integrated.

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Board of Trustee’s Report

Men Of Hope Empowerment, November 19[th] , 2022

Men of the church organised an online empowerment programme and a speaker was invited .

Light up manchester.November 19[th] , 2022

The monthly evangelism outreach for the month of November was held on the the 19th day of the month with good numbers of ministers and workers in attendance for the soul winning

End of year praise. December 3[rd] ,2022

The church annual end of the year praise event was held on the 3rd of December, 2022 in the church auditorium. A guest artiste and different church choristers were invited to bring down the glory of God through praise, it was a soul lifting gathering.

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Board of Trustee’s Report

Christmas Jumper/Workers Appreciation. December 18[th] , 2022

This year Christmas Jumper /workers appreciation Sunday was observered on the 18th of December 2022. During the event, members wore the Christmas jumber and all categories of workers were appreciated .

Carol Service.December 24[th] , 2022

The church Christmas Carol service was held on 24th of December, every arm of the church participated in the service through rendition of special numbers .

Cross Over Night. December 31[st] ,2022

The cross over service was held on the last day of the year to transit into a new year,2023

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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.

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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 2022, the church had a total income of £232,439. At the year end, the level of cash reserves available for the charity’s use (excluding fixed assets) was £227,042 (of which £40,060 is restricted). Total operating charitable expenditure was £165,692 giving an operating surplus of £66,747.

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 22/04/2023 and signed on their behalf by:

Full Name: Pastor Samuel Okodoa

Signature:

Position: Chairman

Date: 22 April 2023

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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 2022 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:

Signed: Date: 22 April 2023

Name: Tobi Labeodan FCCA, for and on behalf of The Accounting Club

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 2022

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		 2022
2022
2022
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
208,276
1,423
209,699
22,740
-
22,740
231,016
1,423
232,439
231,016
1,423
232,439
130,744
-
130,744
34,498
-
34,498
450
-
450
165,692
-
165,692
65,324
1,423
66,747
-
-
65,324
1,423
66,747
158,832
38,637
197,469
224,156
40,060
264,216		 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
107,755
-
107,755
26,405
-
26,405
450
-
450
134,610
-
134,610
64,270
1,199
65,469
-
-
64,270
1,199
65,469
94,562
37,439
132,001
158,832
38,638
197,470

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Statement of Financial Position: Year Ended 31st December 2022

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		 2022
£
22,872
22,872
5,200
11,502
227,042
-
243,744
2,400
-
2,400
241,344
264,216
-
-
264,216
157,409
40,060
66,747
264,216		 2021
£
16,847
16,847
1,800
9,697
169,576
-
181,073
450
-
450
180,623
197,470
-
-
197,470
93,363
38,638
65,469
197,470

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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

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
Other costs
Legal fees
Accountancy fees
Total Other Costs		 2022
£
208,276
1,423
209,699
22,455
285
22,740		 2021
£
156,317
1,199
157,516
21,808
20,755
42,563
232,439
2022
£
8,222
1,948
6,322
3,830
1,170
88,231
208
420
5,172
5,990
7,431
-
1,800
130,744
23,953
2,100
4,634
3,811
200,079
2021
£
10,581
2,862
1,931
2,064
1,046
74,812
808
579
2,493
4,285
4,594
-
1,700
107,755
13,271
2,100
9,177
1,857
34,498
-
-
450
450		 26,405
-
-
450
450

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Notes

3. Assets

Cost
At 1 January 2022
Additions
Disposals
Revaluations
At 31 December 2022
Depreciation
At 1 January 2022
Charge for the year
Adjustments
At 31 December 2022
Net Book Value
At 1 January 2022
At 31 December 2022		 Vehicles
£
27,475
27,475
27,475
-
-
27,475		 Equipment
Fixtures &
Fittings
£
£
30,757
-
11,646
1,810
-
-
42,403
1,810
13,910
-
7,402
30
-
21,312
30
16,847
-
21,091
1,780		 Total
£
30,757
13,456
-
-
44,213
13,910
7,432
-
21,341
- 16,847
- 22,872

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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