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2025-03-31-accounts

Charity No 1147311

RCCG Amazing Grace Huntingdon

Annual Accounts April 2024 to March 2025

Prepared by DTT Consultancy Ltd

RCCG Amazing Grace Huntingdon

REFERENCES AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTESS AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

General Overseer Pastor Enoch Adeboye
Trustees Pastor George Akinwumi
Kehinde Lajuwomi
Pastor Vincent Ibikunle
Minister In Charge Pastor Ade Ajayi
Charity registration no 1147311
Principal office 7 Circus Court
Huntingdon
Cambridgeshire
PE29 7DL
Independent Examiner Tunji Ogedengbe
36 Daffodil Close
Hatfield
AL10 9FF
Bankers Natwest Bank

RCCG Amazing Grace Huntingdon

TRUSTEES' REPORTS FOR THE YEAR ENDED 31ST MARCH 2025

The Trustees present their annual report together with the financial statements of The RCCG Amazing Grace Huntingdon (the charity) for the ended 31st March 2025.

The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the

Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

STRUCTURE, GOVERNANCE AND MANAGEMENT

a. CONSTITUTION

The church is constituted under a memorandum and article incorporated 9th September 2011 as amended by special resolution registered at companies house on 11th May 2012.

b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

The management of the charity is the responsibility of the Trustees who are appointed and co-opted under the terms of the Trust deed.

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES

The induction process for any newly appointed member of the Trustees comprises an initial meeting with the Chair and other Trustees, followed by a series of short meetings with the Minister in Charge on the powers and responsibilities of the Trustees.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

The church is organised so that the trustees meet regularly to manage its affairs. The day to day administration of the church is managed by the parish pastor and volunteers.

e. RELATED PARTY RELATIONSHIPS

Amazing Grace Huntingdon is a member of the Redeemed Christian Church of God (RCCG) which has parishes all over the world. The parish's relationship with RCCG and other parishes is governed by an "Agreement for Common Purposes".

f. RISK MANAGEMENT

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

g. GRANT MAKING POLICY

The church supports visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other RCCG programmes.

The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who are in need.

Page 1

RCCG Amazing Grace Huntingdon

TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025

OBJECTIVES AND ACTIVITIES

a. POLICIES AND OBJECTIVES

The objectives of the church are:

Each year our trustees review our objectives and activities to ensure they continue to reflect our aims.

In carrying out this review the trustees have considered the Charity Commission’s general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.

b. STRATEGIES FOR ACHIEVING OBJECTIVES

The church has adopted the following strategies for achieving the above objectives:

c. ACTIVITIES FOR ACHIEVING OBJECTIVES

The main activities of the church are as follows:

d. VOLUNTEER MANAGEMENT

The church is grateful for the unstinting efforts of its volunteers who are involved in service provision, office work and administration.

e. INVESTMENT POLICY AND PERFORMANCE

The trustees have decided that at present, funds should be retained in bank. Any change in such banking arrangements should be agreed by the board. As far as possible, funds will be retained in interest bearing accounts.

f. VULNERABLE BENEFICIARIES

The church works with vulnerable groups including children and make sure users are safe and protected from harm. Volunteers, employees and trustees have the right checks and assessments before they can work with a church. Find out how charities can protect their users. Safeguards are in place to protect vulnerable people from abuse, and prevent abuse happening in the first place.

g. CONFLICT OF INTERESTS

No trustee is in a position where their duty as a trustee will be conflict with any personal interest they may have.

h. COMPLAINTS HANDLING

We are committed to ensuring that people have all necessary support required to make a complaint. Complaints are accepted verbally or in writing, and can be formal or informal.

Anyone wishing to make a complaint will be provided with a Complaints Handling Statement, which summarises how a complaint about our service can be made.

Page 2

RCCG Amazing Grace Huntingdon

TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025

ACHIEVEMENTS AND PERFORMANCE

REVIEW OF ACTIVITIES

The church undertook the following activities:

FINANCIAL REVIEW

Members of the church have been generous this year. The statement of the financial activities shows net asset stand at £556,728 against the last year amount of £460,689.

RESERVES POLICY

The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure. At this level, the trustees feel that they would be able to continue the current activities of the church in the event of a significant drop in funding.

PRINCIPAL FUNDING

This is provided mainly through voluntary tithes and offerings by the church members.

Page 3

RCCG Amazing Grace Huntingdon

TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025

PLANS FOR THE FUTURE

FUTURE DEVELOPMENTS

Continuing to provide conducive community space for events in the local community

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales 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 incoming resources and application of resources of the charity for that period. 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 Charities Act 2011.

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 Trustees on 22[nd] June 2025 and signed on their behalf, by:

Pastor George Akinwumi 22/6/2025

Page 4

RCCG Amazing Grace Huntingdon

INDEPENDENT EXAMINNERS REPORT FOR THE YEAR ENDED 31ST MARCH 2025

I report on the financial statements of RCCG Amazing Grace Huntingdon for the year ended 31st March 2024 which comprise the statement of financial activities, the balance sheet, and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out

Respective responsibilities of trustees and independent examiner

As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act),as amended by s.28 of the Charities Act 2006 does not apply. It is my responsibility to examine accounts under section 43 of the Act, as amended, to follow procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, as amended, whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with the General Directions given by the Charities Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

Tunji Ogedengbe 36 Daffodil Close Hatfield AL10 9FF

4th April 2025

Page 5

RCCG RCCG Amazing Grace Huntingdon RCCG Amazing Grace Huntingdon RCCG Amazing Grace Huntingdon CharityNo 1147311
Annual accounts for theperiod
Period start date 1st Apr 2024 To Period end
date
31st Mar 2025
Section A
Statement of financial activities
Recommended
categories by activity
Details of own
analysis
Incoming resources (Note 3)
Incoming resources from
generated funds
Voluntary income
Activities for generating funds
Investment income
Incoming resources from
charitable activities
Other incoming resources
Total incoming resources
Resources expended (Notes 4-8)
Costs of Generating Funds
Costs of generating voluntary
income
Fundraising trading costs
Investment management costs
Charitable activities
Governance costs
Other resources expended
Total resources expended
Net incoming/(outgoing) resources before
transfers
Gross transfers between funds
Net incoming/(outgoing) resources before
other recognised gains/(losses)
Other recognised gains/(losses)
Revaluation reserve
Prior Year adjustment
Net movement in funds
Total funds brought forward
Total funds carried forward
S01
S02
S03
S04
S05
S06
S07
S08
S09
S10
S11
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
Note
Unrestricted
funds
£
F01
Restricted
income
funds
£
F02
Endowment
funds
£
F03
Total this year
£
F04
Total last
year
£
F05
- - - - -
186,865 - - 186,865 183,678
- - - -
418 - - 418 432
- - - - -
61,412 - - 61,412 30,994
248,695 - - 248,695 215,104
- - - - -
146,385 - - 146,385 139,370
- - - - -
- - - - -
10,663 - - 10,663 20,209
- - - - -
- - - - -
157,048 - - 157,048 159,579
91,647 - - 91,647 55,524
- - - - -
91,647 - - 91,647 55,524
- - - 40,000
4,392 - - 4,392 -
96,039 - - 96,039 95,524
460,689 - - 460,689 365,164
556,728 - - 556,728 460,689

Page 6

Section B

Balance sheet as at 31st March 2025

Restricted

Fixed assets
Tangible assets
(Note 9)
Investments
(Note 10)
Total fixed assets
Current assets
Stock and work in progress
Debtors
(Note 11)
(Short term) investments
Cash at bank and in hand
Total current assets
Creditors:amounts falling due within
one year
(Note 12)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors:amounts falling due after
one year
(Note 13)
Provisions for liabilities and charges
Net assets
Funds of the Charity
Unrestricted funds
Endowment funds(Note 15)
Total funds
Signed by one or two trustees on behalf of all
the trustees
Note
B01
B02
B03

B04
B05
B06
B07
B08

B09
B10

B11

B12
B13
B14
B15
B16
B17
B19

B20
Unrestricted
funds
£
F01
income
funds
£
F02
Endowment
funds
£
F03
Total this
year
£
F04
Total last
year
£
F05
638,224 - - 638,224 633,832
- - - - -
- - - - -
638,224 - - 638,224 633,832
- - - - -
29,983 - - 29,983 -
- - - - -
109,133 - - 109,133 58,341
139,116 - - 139,116 58,341
400 - -
400 16,599
138,716 - - 138,716 41,742
776,940 - - 776,940 675,574
220,212 - -
220,212 214,885
- - -
- -
556,728 - - 556,728 460,689
556,728 556,728 460,689
- -
- - -
556,728 - - 556,728 460,689
Signature Print Name Date of
approval
Pastor George Akinwumi 22ndJune
2025

Page 7

Section C

Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

• and with* ✓ Accounting Standards;

or Financial Reporting Standards for Smaller Enterprises (FRSSE);

Give details in this box if a different standard has been followed.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (§§ except for the following).

Page 8

Notes to the accounts

(cont)

Section C

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when:
resources
the charity becomes entitled to the resources;

the trustees are virtually certain they will receive the resources; and

the monetary value can be measured with sufficient reliability.
Incoming resources with Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional
entitlement to the resources.
Tax reclaims on donations Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts which they relate.
Contractual income and This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
distributed by the charity.
Gifts in kind for use by the charity are included in the SoFA as incoming resources when
receivable.
Donated services and These are only included in incoming resources (with an equivalent amount in resources
facilities expended) where the benefit to the charity is reasonably quantifiable, measurable and
material_._The value placed on these resources is the estimated value to the charity of the
service or facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.
Investment income This is included in the accounts when receivable.
Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from
revaluing investments to market value at the end of the year.

EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee
meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of service
conditions or output to be provided, such grants are only recognised in the SoFA once the recipient of the
grant has provided the specified service or output.
Grants payable without These are only recognised in the accounts when a commitment has been made and there are
performance conditions no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use These are capitalised if they can be used for more than one year, and cost at least £500. They
by charity are valued at cost or a reasonable value on receipt.
Investments Investments quoted on a recognised stock exchange are valued at market value at the year
end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress These are valued at the lower of cost or market value.

Page 9

Notes to the accounts

(cont)

Section C

Note 3 Analysis of incoming resources Incoming resources may be further analysed if this would help the reader of the accounts.

Voluntary income
Activities for generating funds
Investment income
Incoming resources from
charitable activities
This year
Analysis
£
This year
Analysis
£
Last year
£
Donation from members 186,865 183,678
Gift Aid received 31,428 23,225
Gift aid receivable 29,983
Other 7,769
Total 248,277 214,672
- -
- -
- -
- -
- -
Total - -
Interest 418 432
- -
- -
- -
Total 418 432
- -
- -
- -
- -
- -
Total - -

Page 10

Section C Notes to the accounts
Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Fundraising trading
costs
Investment
management costs
Charitable activities
Governance costs
This year
Analysis
£
This year
Analysis
£
Last year
£
Professional Fees 1,200 2,232
Travel & Subsistence 24,550 10,338
Choir & Music 922 140
Technical & Equipment 3,173 6,350
Office Expenses 1,685 1,266
Publicity 283 -
Honourarium 9,035 9,199
Other 4,136 2,218
Conference 4,310 4,921
Salaryrelated cost 31,015 37,487
Children & Youth 2,746 4,021
Building Maintenance 33,482 24,890
Training 927 2,211
Hospitality 4,505 3,341
HMRC - 3,094
Utilities 4,747 4,543
Insurance 1,682 761
Mortgage Interest 15,385 11,561
Loan Interest 356 539
Other Interest 142 688
Depreciation - 6,459
Charges
Total
2,103 3,109

146,385

139,370
Total
-
-
Total
-
-
World Evangelical Mission 10,063 9,519
Central Office 600 600
Evangelism & Outreach - 9,590
Welfare - -
Province - 500
Total
10,663
20,209
Total
-
-

Page 11

Section C

Notes to the accounts

(cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

support costs.
**Support cost type ** Fundraising activity
£
Charitable Activity
£
Governance Activity
£
Total Cost
£
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Total - - - -

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses
Nature of the expenses
Total amount paid
This year Last year
£ £

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

appropriate box(es).
Independent examiner’s or auditors' fees for reporting on the
accounts
Other fees (for example: advice, consultancy, accountancy
services) paid to the independent examiner or auditor
This year
£
Last year
£
400 300

Page 12

Section C Notes to the accounts (cont) Note 9 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 9.1 Cost or valuation

Balance brought
forward
Additions
Revaluations
Disposals
Transfers
Balance carried
forward
9.2Accumulated depreciation and impairment provisions
Basis*
Rate
Balance brought
forward
Depreciation charge
for year
Impairment provisions
Revaluations
Disposals
Transfers
Balance carried
forward
9.3Net book value
Brought forward
Carried forward
Freehold land
& buildings
Property
Related Cost
Plant,
machinery
and motor
vehicles
£
£
£*
612,000
26,224
-
-
-
-
-
-
-
-
-
-
-
-
612,000
26,224
-
SL or RB
SL or RB
SL or RB
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
612,000
26,224
-
612,000
26,224
-
Freehold land
& buildings
£
Property
Related Cost
£
Plant,
machinery
and motor
vehicles
£
Fixtures,
fittings and
equipment
£
Payments on
account and
assets under
construction
£
Total
£
612,000 26,224 - 25,834 - 664,058
- - - - - -
- - - - -
- - - - - -
- - - - - -
612,000 26,224 - 25,834 - 664,058

SL or RB
SL or RB SL or RB SL or RB SL or RB
- - - 25,834 - 25,834
- - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - 25,834 - 25,834
612,000 26,224 - - - 638,224
612,000 26,224 - - - 638,224

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

Page 13

Section C

Notes to the accounts

(cont)

Note 11
Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Gift Aid receivable
Prepayments and accrued income
Total
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
Last year
This year
Last year
£
£
£
£
-
-
-
-
-
-
-
-
29,983
-
-
-
-
-
-
-
29,983
-
-
-
Note 11
Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Gift Aid receivable
Prepayments and accrued income
Total
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
Last year
This year
Last year
£
£
£
£
-
-
-
-
-
-
-
-
29,983
-
-
-
-
-
-
-
29,983
-
-
-
Note 11
Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Gift Aid receivable
Prepayments and accrued income
Total
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
Last year
This year
Last year
£
£
£
£
-
-
-
-
-
-
-
-
29,983
-
-
-
-
-
-
-
29,983
-
-
-
Note 11
Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Gift Aid receivable
Prepayments and accrued income
Total
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
Last year
This year
Last year
£
£
£
£
-
-
-
-
-
-
-
-
29,983
-
-
-
-
-
-
-
29,983
-
-
-
Note 11
Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Gift Aid receivable
Prepayments and accrued income
Total
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
Last year
This year
Last year
£
£
£
£
-
-
-
-
-
-
-
-
29,983
-
-
-
-
-
-
-
29,983
-
-
-

Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
£
Last year
£
This year
£
Last year
£
- - - -
- - - -
29,983 - - -
- - - -

29,983
- - -

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

12.1Analysis of creditors

Loans and overdrafts
accruals
Amounts due to subsidiary and associated
undertakings
Bounce back loan
Mortgage over 1 year
Total
Amounts falling due
within oneyear
Amounts falling due after
more than oneyear
This year
£
Last year
£
This year
£
Last year
£
-
400 300
- - - -
5,243 16,962 14,842
-
11,056 203,250 200,043

400
16,599 220,212 214,885

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

Page 14