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2023-12-31-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 2023

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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 20
Statement of Financial Activities 21
Statement of Financial Position 22
Accounting Policies 23
Notes 24

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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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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 2023. 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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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

NEW YEAR THANKSGIVING

New Year thanksgiving was held on Sunday, 1st of January 2023. There was great excitement in the church being the first Sunday and the first day of the year. There were a lot of testimonies and all kinds of appreciations from different members and with great hope for a better a year ahead.

HEALTH TALK

The women wing of the church organized a health talk on January14th, 2023 and they invited a guest speaker who lectured the women to prioritize their health over everything else.

YOUTH JOB FAIR AND CAREER EXPO – 14/01/2023

The Youth arm of the church organized a job exposition programme which was held on January14th, 2023 virtually with high numbers of participants.

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Board of Trustee’s Report

SPECIAL SUNDAY SERVICE

A special Sunday service was held on January 15th, 2023 with the Theme: REMEMBER ME OH LORD. A guest speaker was invited to minister to the members,it was a great moment of blessing to as many that were in the church and those that joined virtually’

HOPE CHAPEL 12TH YEAR ANNIVERSARY

The church held her 12th year anniversary between 10th and 12th February 2023. It was tagged GLORY CONFERENCE, two different guest ministers were invited. the period was a moment of great reflection of God’s glory.

MONTHLY EVANGELISM OUTREACH

The church had her monthly evangelism outreach on 18th of March 2023 tagged Light Up Stockport.

MOTHERS DAY

This year Mothers’ day celebration was celebrated on 19[th] of March 2023, the women of the church were celebrated by the men and every worshipper enjoyed the service and the women were so excited.

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Board of Trustee’s Report

WORKERS/VOLUNTEERS RETREAT

The church organised workers/volunteers retreat on Easter Monday 10th 0f April 2023 with the theme CHOOSEN VESSEL. A guest speaker was invited who took the workers through exposition of God’s words. It was a period of revival and self examination time.

WOMEN OF HOPE FUN DAY

The women wing of the church organised a hang out event among themselves on 13th of April 2023, they had fun and bond together.

MEN OF HOPE EMPOWERMENT

Men of the church had an empowerment programme titled THE BOLD MAN on 20th of May 2023 and a guest speaker wass invited who talked extensively on communication skills. Most men were in attendance and few women.

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Board of Trustee’s Report

MONTHLY EVANGELISM OUTREACH

The church had her monthly evangelism outreach on 20th of May 2023 tagged Light Up Long sight. Couples of workers/volunteers were in attendance to propagate the gospel of our Lord Jesus Christ

CHILDREN’S DAY 2023

The children were taken out to Trafford Centre on May 27th 2023 for this year childen’s day celebration. The children that were in attendance were excited and it was an enjoyable moment for them.

TEENS SUMMIT OUTING

The Teens Summit for this year was held on 3rd of June 2023. The Teens were taken to Blackpool where they enjoyed themselve and had fun.

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Board of Trustee’s Report

MID YEAR PRAISE 2023

This year mid -year praise took place on the 10th of June 2023 in the church auditorium with the church choir leading the entire church in high praise. The church felt the presence of God during the process of worshiping and praising God.

MEN OF HOPE FOOTBALL TOURNAMENT

A football tournament was organised on 17th of June 2023 by the men of the church with three other Redeemed church men. It was a great moment of fun for all the teams that participated in the tournament. Though, we did not win the trophy,but one of our players won the man of the march.It was a memorable event

Fathers Day 2023

The men of the church participated in this year’s fathers day on Sunday 18th of June 2023. It was a period in which the women of the church take over the service and give the men a good treat and also give gifts to the men.

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RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT

Board of Trustee’s Report

Monthly Evangelism Outreach

The chuch monthly evangelism outreach took place on 24th of June at Manchester city centre. It was an event through which people were reached out to through preaching of the gospel and sharing of tracts, though, the numbers of participants were very low due to other church programmes that took place same time.

YOUTH SUNDAY

This year youth Sunday was observed on 25th of June 2023 with the theme GRACE RUNNING WITH GOD. It was a unique Sunday, all the programmes for the day was anchored by the youths. Their programme featured: drama, talk show, special numbers,etc.Every member of the church were blessed.

SINGLE AND MARRIED CONFERENCE,1ST JULY 2023

The church organised a single and married conference on 1st of July 2023, it was held outside the church,a guest speaker was invited. The programme was loaded , different family issues were mention and every participants had a wonderful moment and blessed.

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RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT

Board of Trustee’s Report

WOMEN CONFERENCE, JULY 2023

The women of the church held a programme on 8th of July 2023 tagged GET BUSY CONFERENCE . The women gathered in the, taught one another different kinds of skills and also involved themselves in some indoor games’.

LIGHT UP MANCHESTER 15TH JULY,2023

The Welfare and evangelism department of the church held her monthly evangelical outreach on the 15th of July,2023 at the city centre.

DESTINY YOUTH TRIP

The youths of the church made a trip to Llandudno Wales on the 22nd of July 2023, it was avenue for them to get more integrated with one another and to have fun.

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Board of Trustee’s Report

BABEQUE 2023

The church held her annual babeque event on the 29th of July.2023 at Crowcroft Park. High number of participants were recorded,the attendance cut across all age groups in the church. Everyone ate and involved in different games and activities..

HOUSE FELLOWSHIP AWARENESS SUNDAY.AUGUST 13TH, 2023.

The church annual house fellowship awareness Sunday for the year was held on the 13th of August 2023. It was a colourful event in which each house fellowship wore different colours of T-shirts and they also engaged in competition such as sword drill. Every one in the church were blessed.

LIGHT UP MANCHESTER FOR AUGUST 2023

The welfare and the evangelism department of the church held her monthly evangelism outreach for the month of August on 19th at the city centre.

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Board of Trustee’s Report

DESTINY YOUTH SEMINAR

The youths organized an online seminar on 19th of August 2023 with the theme INVESTMENT AND KINGDOM BUSINESS. It was held online and they invited a guest speaker who did justice to the topic. Everyone of the that attended were happy, because it was an impactful event’.

TEENS SUNDAY

Teens Sunday was observed in the church on 20th of August,2023, it was during Sunday service. The Teens anchored all the programmes for the service and there were alot of show of talents by them. Through the events, some of them were discovered and incorporated into different department of the church.

UK WARM RECEPTION SEMINAR, AUGUST 2023

The church organised an online awareness programme for the church members that just arrived the UK on 29th August,2023. The programme was facilitated by the senior pastor to sensitise the just arrived members with some important and useful information.

Light up manchester.November 19[th] , 2023

The welfare and the evangelism department of the church held her monthly evangelism outreach for the month of September on 16th at Fallowfield.

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Board of Trustee’s Report

RCCG AUTUMN INDOOR GAMES COMPETITION 2023

The men of the church ( Men of Hope) participated in the autumn indoor games competition organised by some RCCG churches in Manchester on the 23rd of September 2023.

2023 STUDENTS WELCOME WEEK

The church organised the annual students welcome week which started 25th – 29th September,2023 at Manchester University.

YOUTH SUNDAY,29TH OCTOBER

The youth of the church ( Chosen Generation ) had their youth Sunday on the 29th of october, they anchored the entire programe for the service and it was awesome and it was a season of an open heaven.

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Board of Trustee’s Report

LIGHT UP LONGSIGHT NOVEMBER 2023

The evangelism and the welfare unit of the church carried out their monthly evangelism outreach on 18th November 2023. It was an avenue for church workers to preach the gospel to the people

MEN OF HOPE EMPOWERMENT, NOVEMBER 2023

The men of the church organised an empowerment programme on the 25th of November 2023. The programme was loaded, the eyes of many were opened to different business ideas and it also helped many to redouble their efforts in their daily business.

END OF THE YEAR PRAISE, DECEMBER 2023

The church annual end of year praise took place on 2nd of December 2023 in the church auditorium with the theme ‘Living Proof’. Two different gospel artistes were invited. It was a moment of outpouring of God’s power.

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Board of Trustee’s Report

CROSSOVER SERVICE 2023

Crossover service was held on 31st of December 2023 in the church, the church was filled to its maximum. A guest artiste was invited who led the congregation to a section of a powerful praise before the senior pastor led the members into a powerful prayer time that ushered them to the new year.

Hope Chapel Charity Support

Hope Chapel RCCG support different charities worldwide Including different churches in UK/ 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 2023, the church had a total income of £244,771. At the year end, the level of cash reserves available for the charity’s use (excluding fixed assets) was £260,612 (of which £41,580 is restricted). Total operating charitable expenditure was £201,891 giving an operating surplus of £42,880.

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

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Board of Trustee’s Report

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 2023 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 25/05/2024 and signed on their behalf by:

Full Name: Pastor Samuel Okodoa

Signature:

Position: Chairman

Date: 25 May 2024

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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 2023, set out on pages 21 - 25 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: 25 May 2024

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 2023

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 2023
Total funds carried forward at 31 December 2023
2023
2023
2023
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
218,153
1520
219,673
25,098
-
25,098
243,251
1,520
244,771
243,251
1,520
244,771
179,102
-
179,102
21,518
-
21,518
1,271
-
1,271
201,891
-
201,891
42,880
1,520
42,880
-
-
42,880
1,520
42,880
224,156
40,060
264,216
267,035
41,580
307,095
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
152,692
-
152,692
12,550
-
12,550
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

RESTORING HOPE TO HUMANITY THROUGH THE HOLY SPIRIT

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Statement of Financial Position: Year Ended 31st December 2023

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:
Restricted Reserve
General reserves
Surplus/(Deficit) for the year
Total charity funds
2023
£
29,544
29,544
7,000
12,439
260,612
-
280,051
2,500
2,500
277,551
307,095
-
307,095
41,580
222,635
42,880
307,095
2022
£
22,872
22,872
5,200
11,502
227,042
-
243,744
2,400
2,400
241,344
264,216
-
-
264,216
40,060
157,409
66,747
264,216

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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
Operations
Finance Charges
Depreciation
Honorarium
Total Charitable Activities
Other Charitable Activities
Outreach
Central Office
Welfare & Benevolence
Charitable Donations
Total Other Charitable Activities
Other Costs
Professional fees and services
Other costs
Legal fees
Accountancy fees
Total Other Costs
2023
£
218,153
1,520
219,673
24,185
913
25,098
2022
£
208,276
1,423
209,699
22,455
285
22,740
232,439
244,771
2023
£
13,475
2,321
3,696
6,768
1,255
107,500
398
26,156
1,465
7,477
8,592
179,102
9,973
2,725
5,277
3,542
2022
£
8,324
1,864
1,245
8,907
1,170
90,031
208
27,102
420
7,431
5,990
152,692
2,005
2,100
4,634
3,811
21,518
721
550
1,271
12,550
450
450

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Notes

3. Assets

Cost
At 1 January 2023
Additions
Disposals
Revaluations
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
Adjustments
At 31 December 2023
Net Book Value
At 1 January 2023
At 31 December 2023
Vehicles
Sound &
Musical
Equipment
Computer
& IT
Equipment
£
£
27,475.00
14,955.00
27,448.00
3,453
4,410
-
-
Fixtures &
Fittings
£
4,060.00
6,287
10,347
2,280.00
935.51
-
3,216
1,780
7,131
Total
£
73,938
14,149
-
-
27,475
18,408
31,858
88,087
27,475.00
10,850.00
10,461.00
-
1,575.88
4,965.36
-
27,475
12,426
15,426
-
4,105
16,987
-
5,982
16,432
51,066
7,477
-
58,543
22,872
29,544

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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