## **Charity No 1149055**
REDEEMED CHRISTIAN CHURCH OF GOD
HARVEST CENTRE STAFFORD
Annual Accounts
Year ended 31 Dec 2020
## **Contents**
- Legal and administrative information
- Report from the board of Trustees
- Report of the Independent examiner
- Statement of financial activities
- Balance sheet
- Notes forming part of the financial statements
## **REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE STAFFORD**
ADMINISTRATIVE DETAILS OF THE CHARITY
FOR THE YEAR ENDED 31 DECEMBER 2020
|**General overseer**|Pastor E A Adeboye|
|---|---|
|**Minister of**||
|**religion**|Pastor Afolabi Olanrewaju|
|**Principal Ofcer**|Pastor Afolabi Olanrewaju|
||21 Sandpiper Drive|
||Staford|
||ST16 1FQ|
|**Trustees**||
|Pastor Olusope||
|Emelifeonwu|Board of Trustee chair|
|Dr Oladoyin||
|Komolafe|Secretary-Treasurer|
|Deacon Olumide||
|Kolawole|Member|
|Pastor Vincent||
|Ibikunle|Member|
|Minister Funmi||
|Olanrewaju|Member|
|**Charity**||
|**Registration No**|1149055|
## **REDEEMED CHRISTIAN CHURCH OF GOD,**
## **HARVEST CENTRE, STAFFORD**
## TRUSTEES’ REPORTS YEAR ENDED 31 DECEMBER 2020
Harvest Centre charity trustees make decisions about their charity together, working as a team. Decisions don’t usually need to be approved as long as the majority of trustees agree. They’re usually made at charity meetings.
The trustees make decisions about their charity, taking into consideration the following
- Act within their powers
- Act in good faith, and only in the interests of the charity
- Make sure member is sufficiently informed.
- Take account of all relevant factors they are aware of
- Deal with conflicts of interest and loyalty
- Make decisions that are within the range of decisions that a reasonable trustee body
- could make in the circumstances
## **Chair and treasurer trustee roles**
The board of trustees have special roles, such as the chair and the treasurer. They are known as officers. They comply with any specific provisions in their governing document about officers. Officers don’t routinely have any extra powers or legal duties than the other trustees, but may carry out specific roles or have specific responsibilities delegated to them. All Harvest Charity trustees remain jointly responsible for the charity. For example, all trustees share responsibility for finances (not just the treasurer).
## **Responsibilities of Trustees**
They managed and control by charity activities, they make decisions together, working as a team. The board of trustees have superior roles, such as the chair and the treasurer.
## **STRUCTURE, GOVERNACE AND MANAGEMENT**
Harvest charity raised funds from donors, such as general giving and gift aids for expenditure. At the end of each financial year, the board of trustees prepares their reports, and ensures that the charity accounts are prepared in accordance to UK Charity commission Regulations before submission. The Charity aims to ensure that their Records are accurate and up to date and makes key information freely available to the public to view, for accountability and transparency purpose.
a. CONSTITUTION
The church is constituted under a Trust Deed dated 3rd July 2012
## **b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES**
The elected board of Trustees are responsible for the smooth management of the charity and they ensure that Terms of the Trust deed is integrated.
## **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 a volunteer.
## **e. RELATED PARTY RELATIONSHIPS**
Harvest Centre parish 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 alleviate their 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.
## **REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE STAFFORD**
# **TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2020**
## **OBJECTIVES AND ACTIVITIES**
## **a. POLICIES AND OBJECTIVES**
The objectives of the church are:
- The advancement of the Christian faith worldwide
- The relief of poverty.
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:
- organisation of seminars and events to address issues of relevance to the relief
of poverty
and provision of care and support for the needy as appropriate;
- planting of churches; and
- Support for other charities and events with similar objectives.
## **c. ACTIVITIES FOR ACHIEVING OBJECTIVES**
The main activities of the church are as follows:
- Sunday service
- Sunday school for all ages of children
- Weekly Bible Studies
- Weekly Prayer meetings
## **d. VOLUNTEERS**
The church is pleased for the diligent efforts of its volunteers who are involved in service provision, office work and administration
## **REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE STAFFORD TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2020 ACHIEVEMENTS AND PERFORMANCE**
## **a. REVIEW OF ACTIVITIES**
The year 2020 was full of surprises with the shock effect of COVID-19 but through it all, we’re grateful to God that we were able to continue to fellowship and support one another. We had a surprising growth with our online audience on Zoom and the spiritual life of the church during the year and in the Christian Faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust.
The church undertook the following major activities:
## **Marriage seminar** –
A marriage seminar was organised on Zoom to raise awareness on the theme ‘Expectations In Relationships’. On a larger scale, the seminar was delivered with a desire to impact not only the church but also the community at large. This was held on 28[th] November 2020.
## **Praise Service**
The Harvest Centre Musical Concert tagged ‘Praise Day’ held on Zoom on Saturday 8[th] August with Evans Ogboi and Benny Bristol as the special guest ministers. It was a great session of praise and worship.
## **Evangelism outreach**
To inspire and teach the good news to the community. This had to be put on hold due to the movement restrictions and social distancing regulations to stall the spread of the pandemic.
All our activities online were open to the general public as well as church members.
## **Building Project**
The church continued fund raising efforts towards buying a suitable property to advance the work. A separate church account was created under the existing account with Barclays Bank tagged ‘Harvest Building Fund’ to support this.
## **Community Welfare and Social Action**
With a renewed drive to be more relevant in the community, the church has setup a vertical ministry called Community Action and Projects headed by Dr Toby Ekwevugbe. This has begun looking into strategic community impact projects that seek to improve the well-being and add value to the Stafford community. A new bank account has been setup under the existing account with Barclays Bank
tagged ‘Harvest Welfare Account’ to support this vision with the church making an agreed monthly contribution, and volunteers who see value in the projects will be allowed to make donations towards achieving the goals.
The charity planned to increase their activities in the forthcoming years subject to procuring a suitable venue and satisfactory funding arrangements. This year based on records, we consider that the performance of the parish has been satisfactory in terms of advancement of the Christian faith.
## **b. INVESTMENT POLICY AND PERFORMANCE**
The trustees have decided that at present, funds should be retained in bank. Any change in such banking should be agreed by the board. As far as possible, funds will be retained in interest bearing accounts
**REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE STAFFORD TRUSTEES' REPORTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2020 FINANCIAL REVIEW**
## a. RESERVES POLICY
Members of the church have been generous despite the impact of the pandemic this year. We were also able to make some considerable savings as there was no need to pay rent on the halls used for physical gatherings. There was an increase in the church collection and expenditure for the year. The statement of the financial activities shows a Minus of **£9,906** net asset stand as at 31 December 2020, this could have been more but for the restrictions during the pandemic.
Following the trustees resolution in the previous year to set aside some restricted fund of £26,280 towards the purchase of a church building, this amount has now increased to £36,280 through a lump sum contribution from the main church account in the year 2020.
## b. PRINCIPAL FUNDING
This is provided mainly through voluntary tithes and offerings by the church members.
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 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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP
- make judgments and estimates that are reasonable and sensible;
- state whether applicable UK Accounting Standards have been followed, subject
to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is
inappropriate to assume that the charity will continue in operation.
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 the 27 Oct 2021 and signed on their behalf, by
Dr Oladoyin Komolafe Secretary-Treasurer
## **Independent examiner's report on the accounts Section dependent Examiner’s Report**
**Report to the trustees/members of** Redeemed Christian church of God
("RCCG")
## **Harvest Centre Stafford**
## **For the year ended 31 December 20**
## **Charity no: 1149055**
For the year ended 31 Dec 2020 the charity was entitled to exemption from audit under S477 of the companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the companies Act with respect to accounting records and the preparation accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.
## **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
(Other than that disclosed below *)
To keep accounting records in accordance with section 130 of the Charities Act; andto prepare accounts which agreed with the accounting records and
Comply with the accounting requirements of the Charities Act
To which, in my opinion, attention should be drawn in order to enable a Proper understanding of the accounts to be reached.
## **Signed:**
## **Name: Deborah I. Igbinosa Relevant professional qualification(s) or body**
BA Hon & MSC A/F, AAT & ACCA
**----- Start of picture text -----**
Charity Name Charity No 1149055
RCCG Harvest Centre Stafford
Annual accounts for the period
Period start date 1 Jan To Period 31 Dec
2020 end 2020
date
**----- End of picture text -----**
**Section A Statement of financial activities (including summary income and expenditure account)**
|**Recommended categories by activity**
Guidance
**Unrestrict**
**edfunds**
**£**
**Restrict**
**ed**
**income**
**funds**
**£**
**Endowme**
**ntfunds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01 30,516
10,000
-
40,516
62,976
Charitable activities
S02
-
-
-
-
-
Other trading activities
S03
-
-
-
-
-
Investments
S04
-
-
-
-
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07 30,516
10,000
-
40,516
62,976
**Expenditure (Notes 13)**
**Expenditure on:**
Raising funds (**Cost of Generating Voluntary**
**Income**)
S08 7,840
-
7,840
20,876
Charitable activities
S09 6,301
-
-
6,301
12,361
Separate material expense item(**Building fund**
**transfer**)
S10
Other –
S11
-
-
-
-
**_Total_**
S12 14,141
-
14,141
33,237
**Net income/(expenditure) before**
**tax for**
**the reporting period**
S13 26,375
-
-
26,375
29,739
S14
-
-
-
-
-
**Net income/(expenditure) after**
**tax**
**before investment gains/(losses)**
S15
-
-
-
-
-
Net gains/(losses) on
investments
S16
-
-
-
-
-
**Net income/(expenditure)**
S17
-
-
-
-
-
**Extraordinary items**
S18
-
-
-
**Transfers between funds**
S19 26,375
-
-
26,375
29,739
**Other recognized gains/(losses):**
Gains and losses on revaluation of fxed assets for
the
charity’s own use
S20
-
-
-
-
Other gains/(losses)
S21
-
-
-
-
-
**_Net movement in funds_**
S22
-
-
-
-
-
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
-
-
-
-
-
**_Total funds carried forward_**
S24 26,375
-
-
26,375
29,739|**Recommended categories by activity**
Guidance
**Unrestrict**
**edfunds**
**£**
**Restrict**
**ed**
**income**
**funds**
**£**
**Endowme**
**ntfunds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01 30,516
10,000
-
40,516
62,976
Charitable activities
S02
-
-
-
-
-
Other trading activities
S03
-
-
-
-
-
Investments
S04
-
-
-
-
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07 30,516
10,000
-
40,516
62,976
**Expenditure (Notes 13)**
**Expenditure on:**
Raising funds (**Cost of Generating Voluntary**
**Income**)
S08 7,840
-
7,840
20,876
Charitable activities
S09 6,301
-
-
6,301
12,361
Separate material expense item(**Building fund**
**transfer**)
S10
Other –
S11
-
-
-
-
**_Total_**
S12 14,141
-
14,141
33,237
**Net income/(expenditure) before**
**tax for**
**the reporting period**
S13 26,375
-
-
26,375
29,739
S14
-
-
-
-
-
**Net income/(expenditure) after**
**tax**
**before investment gains/(losses)**
S15
-
-
-
-
-
Net gains/(losses) on
investments
S16
-
-
-
-
-
**Net income/(expenditure)**
S17
-
-
-
-
-
**Extraordinary items**
S18
-
-
-
**Transfers between funds**
S19 26,375
-
-
26,375
29,739
**Other recognized gains/(losses):**
Gains and losses on revaluation of fxed assets for
the
charity’s own use
S20
-
-
-
-
Other gains/(losses)
S21
-
-
-
-
-
**_Net movement in funds_**
S22
-
-
-
-
-
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
-
-
-
-
-
**_Total funds carried forward_**
S24 26,375
-
-
26,375
29,739|**Recommended categories by activity**
Guidance
**Unrestrict**
**edfunds**
**£**
**Restrict**
**ed**
**income**
**funds**
**£**
**Endowme**
**ntfunds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01 30,516
10,000
-
40,516
62,976
Charitable activities
S02
-
-
-
-
-
Other trading activities
S03
-
-
-
-
-
Investments
S04
-
-
-
-
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07 30,516
10,000
-
40,516
62,976
**Expenditure (Notes 13)**
**Expenditure on:**
Raising funds (**Cost of Generating Voluntary**
**Income**)
S08 7,840
-
7,840
20,876
Charitable activities
S09 6,301
-
-
6,301
12,361
Separate material expense item(**Building fund**
**transfer**)
S10
Other –
S11
-
-
-
-
**_Total_**
S12 14,141
-
14,141
33,237
**Net income/(expenditure) before**
**tax for**
**the reporting period**
S13 26,375
-
-
26,375
29,739
S14
-
-
-
-
-
**Net income/(expenditure) after**
**tax**
**before investment gains/(losses)**
S15
-
-
-
-
-
Net gains/(losses) on
investments
S16
-
-
-
-
-
**Net income/(expenditure)**
S17
-
-
-
-
-
**Extraordinary items**
S18
-
-
-
**Transfers between funds**
S19 26,375
-
-
26,375
29,739
**Other recognized gains/(losses):**
Gains and losses on revaluation of fxed assets for
the
charity’s own use
S20
-
-
-
-
Other gains/(losses)
S21
-
-
-
-
-
**_Net movement in funds_**
S22
-
-
-
-
-
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
-
-
-
-
-
**_Total funds carried forward_**
S24 26,375
-
-
26,375
29,739|**Recommended categories by activity**
Guidance
**Unrestrict**
**edfunds**
**£**
**Restrict**
**ed**
**income**
**funds**
**£**
**Endowme**
**ntfunds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01 30,516
10,000
-
40,516
62,976
Charitable activities
S02
-
-
-
-
-
Other trading activities
S03
-
-
-
-
-
Investments
S04
-
-
-
-
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07 30,516
10,000
-
40,516
62,976
**Expenditure (Notes 13)**
**Expenditure on:**
Raising funds (**Cost of Generating Voluntary**
**Income**)
S08 7,840
-
7,840
20,876
Charitable activities
S09 6,301
-
-
6,301
12,361
Separate material expense item(**Building fund**
**transfer**)
S10
Other –
S11
-
-
-
-
**_Total_**
S12 14,141
-
14,141
33,237
**Net income/(expenditure) before**
**tax for**
**the reporting period**
S13 26,375
-
-
26,375
29,739
S14
-
-
-
-
-
**Net income/(expenditure) after**
**tax**
**before investment gains/(losses)**
S15
-
-
-
-
-
Net gains/(losses) on
investments
S16
-
-
-
-
-
**Net income/(expenditure)**
S17
-
-
-
-
-
**Extraordinary items**
S18
-
-
-
**Transfers between funds**
S19 26,375
-
-
26,375
29,739
**Other recognized gains/(losses):**
Gains and losses on revaluation of fxed assets for
the
charity’s own use
S20
-
-
-
-
Other gains/(losses)
S21
-
-
-
-
-
**_Net movement in funds_**
S22
-
-
-
-
-
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
-
-
-
-
-
**_Total funds carried forward_**
S24 26,375
-
-
26,375
29,739|**Recommended categories by activity**
Guidance
**Unrestrict**
**edfunds**
**£**
**Restrict**
**ed**
**income**
**funds**
**£**
**Endowme**
**ntfunds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01 30,516
10,000
-
40,516
62,976
Charitable activities
S02
-
-
-
-
-
Other trading activities
S03
-
-
-
-
-
Investments
S04
-
-
-
-
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07 30,516
10,000
-
40,516
62,976
**Expenditure (Notes 13)**
**Expenditure on:**
Raising funds (**Cost of Generating Voluntary**
**Income**)
S08 7,840
-
7,840
20,876
Charitable activities
S09 6,301
-
-
6,301
12,361
Separate material expense item(**Building fund**
**transfer**)
S10
Other –
S11
-
-
-
-
**_Total_**
S12 14,141
-
14,141
33,237
**Net income/(expenditure) before**
**tax for**
**the reporting period**
S13 26,375
-
-
26,375
29,739
S14
-
-
-
-
-
**Net income/(expenditure) after**
**tax**
**before investment gains/(losses)**
S15
-
-
-
-
-
Net gains/(losses) on
investments
S16
-
-
-
-
-
**Net income/(expenditure)**
S17
-
-
-
-
-
**Extraordinary items**
S18
-
-
-
**Transfers between funds**
S19 26,375
-
-
26,375
29,739
**Other recognized gains/(losses):**
Gains and losses on revaluation of fxed assets for
the
charity’s own use
S20
-
-
-
-
Other gains/(losses)
S21
-
-
-
-
-
**_Net movement in funds_**
S22
-
-
-
-
-
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
-
-
-
-
-
**_Total funds carried forward_**
S24 26,375
-
-
26,375
29,739|**Recommended categories by activity**
Guidance
**Unrestrict**
**edfunds**
**£**
**Restrict**
**ed**
**income**
**funds**
**£**
**Endowme**
**ntfunds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01 30,516
10,000
-
40,516
62,976
Charitable activities
S02
-
-
-
-
-
Other trading activities
S03
-
-
-
-
-
Investments
S04
-
-
-
-
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07 30,516
10,000
-
40,516
62,976
**Expenditure (Notes 13)**
**Expenditure on:**
Raising funds (**Cost of Generating Voluntary**
**Income**)
S08 7,840
-
7,840
20,876
Charitable activities
S09 6,301
-
-
6,301
12,361
Separate material expense item(**Building fund**
**transfer**)
S10
Other –
S11
-
-
-
-
**_Total_**
S12 14,141
-
14,141
33,237
**Net income/(expenditure) before**
**tax for**
**the reporting period**
S13 26,375
-
-
26,375
29,739
S14
-
-
-
-
-
**Net income/(expenditure) after**
**tax**
**before investment gains/(losses)**
S15
-
-
-
-
-
Net gains/(losses) on
investments
S16
-
-
-
-
-
**Net income/(expenditure)**
S17
-
-
-
-
-
**Extraordinary items**
S18
-
-
-
**Transfers between funds**
S19 26,375
-
-
26,375
29,739
**Other recognized gains/(losses):**
Gains and losses on revaluation of fxed assets for
the
charity’s own use
S20
-
-
-
-
Other gains/(losses)
S21
-
-
-
-
-
**_Net movement in funds_**
S22
-
-
-
-
-
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
-
-
-
-
-
**_Total funds carried forward_**
S24 26,375
-
-
26,375
29,739|
|---|---|---|---|---|---|
|||-|-||-|
|||||-||
||-|-|-|-|-|
||-|-|-|-|-|
|||||||
||-|-|-|-|-|
||26,375|-|-|26,375|29,739|
## **Section B - RCCG Harvest Centre Balance sheet 31 December 2020**
|**Section B - RCCG Harvest Centre Balance sheet 31 December 2020**|**Section B - RCCG Harvest Centre Balance sheet 31 December 2020**|**Section B - RCCG Harvest Centre Balance sheet 31 December 2020**|**Section B - RCCG Harvest Centre Balance sheet 31 December 2020**|
|---|---|---|---|
|Note
**Unrestrict**
**ed funds**
**Restricted**
**income**
**funds**
**Endowme**
**nt funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
**F01**
**F02**
**F03**
**F04**
**F05**
**Tangible assets (Note 9)**
**B01**
**-**
**-**
**-**
**-**
**-**
**B02**
**-**
**-**
**-**
**-**
**-**
**Investments (Note 10)**
**B03**
**-**
**-**
**-**
**-**
**-**
**_Total fxed assets_**
**B04**
**-**
**-**
**-**
**-**
**-**
**Current assets**
**Stock and work in progress**
**B05**
**-**
**-**
**-**
**-**
**-**
**Debtors (Note 11)**
**B06**
0
-
-
-
0
**Cash at bank –Restricted income**
**B07**
36,280
-
36,280
0
**Cash at bank and in hand**
**B08**
42,860
-
-
42,860
47,555
**_Total current assets_**
**B09**
42,860
36,280
-
79,140
47,555
**Creditors: amounts falling due within**
**one year (Note 12)**
**B10**
**0**
**-**
**-**
**0**
**0**
**_Net current assets/(liabilities)_**
**B11**
**-**
**-**
**-**
**-**
**-**
**_Total assets less current liabilities_**
**B12**
79,140
-
-
47,555
**Creditors: amounts falling due after**
**one year (Note 12)**
**B13**
-
-
-
-
-
**Provisions for liabilities and charges**
**B14**
300
-
-
-
-
**_Net assets_**
**B15**
-
-
-
-
-
**Funds of the Charity**
16,375
10,000
26,375
**Funds of the Charity - B/F**
**B16**
21,275
26,280
47,555
21,275
**B17**
5,210
5,210
-
**B18**
26,280
**B19**
-
-
-
**_Total funds_**
**B20**
42,860
36,280
-
79,140
47,555
Signed by one or two trustees on behalf of
all the trustees
**Signature**
**Print Name**
**Date of**
**approval**
**Olusope Emelifeonu**
**27/10/202**
**0**||||
||**Signature**
**Print Name**
**Date of**
**approval**|||
|||**Olusope Emelifeonu**|**27/10/202**
**0**|
|||||
## **Section C- Notes to the accounts: REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan20- 31st Dec20**
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:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
- and with*
or Accounting Financial Reporting Standards for Smaller Enterprises (FRSSE); Standards; • and with the Charities Act.
[** except for the following].
## _**Give details in this box if a different standard has been followed.**_
- -Tick as appropriate:
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.
** - 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).
_**Give details in this box of any material changes that have been made.**_
if no changes have been made to accounting policies then delete these words.
## **1.3 Changes to previous accounts**
No changes have been made to accounts for previous years (§§ except for the following).
**Note 2 Accounting policies - REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan2031st Dec20**
_**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**
|**INCOMING RESOURCES**||
|---|---|
|**Recognition of**|These are included in the Statement of Financial Activities (SoFA)|
|**incoming**|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 sufcient reliability.|
|**Incoming resources**|Where incoming resources have related expenditure (as with|
|**with related**|fundraising or contract income) the incoming resources and related|
|**expenditure**|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**|Incoming resources from tax reclaims are included in the SoFA at the|
|**donations and gifts**|same time as the gift to which they relate.|
|**Contractual income**|This is only included in the SoFA once the related goods or services|
|**and performance**|have been delivered.|
|**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|
|**facilities**|amount in resources expended) where the beneft to the charity is
reasonably quantifable, 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**|This includes any gain or loss on the sale of investments and any gain|
|**losses**|or loss resulting from revaluing investments to market value at the|
||end of the year.|
## **EXPENDITURE AND LIABILITIES**
|**Liability recognition**|**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**||Where the charity gives a grant with conditions for its payment being|
|**performance**||a specifc level of service or output to be provided, such grants are|
|**conditions**||only recognised in the SoFA once the recipient of the grant has|
|||provided the specifed service or output.|
|**Grants payable without**||These are only recognised in the accounts when a commitment has|
|**performance**||been made and there are no conditions to be met relating to the grant|
|**conditions**||which remain in the control of the charity.|
|||Support costs include central functions and have been allocated to|
|**Support Costs**||activity cost categories on a basis consistent with the use of resources,|
|||eg allocating property costs by foor areas, or per capita, staf costs by|
|||the time spent and other costs by their usage.|
|**ASSETS**|||
|**Tangible fxed assets**||These are capitalised if they can be used for more than one year, and|
|**for use by charity**||cost at least £500. They 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**||These are valued at the lower of cost or market value.|
|**progress**|||
|**POLICIES ADOPTED**|||
|**ADDITIONAL**|**TO OR**||
|**DIFFERENT FROM**|**THOSE**
**ABOVE**||
**Section C Notes to the accounts (cont)** REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan 2031st Dec 20 **Note 3 Analysis of incoming resources**
_**Incoming resources may be further analysed if this would help the reader of the accounts.**_
|**Analysis**
**This year**
**Last year**
**£**
**£**
**Voluntary**
**income**
Tithes/oferi
ng
30,516
36,6
96
Building
Fund
10,000
26,2
80
Donation -
Voluntary
Seed
-
-
Other
-
-
40,516
62,9
76|**Analysis**
**This year**
**Last year**
**£**
**£**
**Voluntary**
**income**
Tithes/oferi
ng
30,516
36,6
96
Building
Fund
10,000
26,2
80
Donation -
Voluntary
Seed
-
-
Other
-
-
40,516
62,9
76|**Analysis**
**This year**
**Last year**
**£**
**£**
**Voluntary**
**income**
Tithes/oferi
ng
30,516
36,6
96
Building
Fund
10,000
26,2
80
Donation -
Voluntary
Seed
-
-
Other
-
-
40,516
62,9
76|**Analysis**
**This year**
**Last year**
**£**
**£**
**Voluntary**
**income**
Tithes/oferi
ng
30,516
36,6
96
Building
Fund
10,000
26,2
80
Donation -
Voluntary
Seed
-
-
Other
-
-
40,516
62,9
76|
|---|---|---|---|
||Tithes/oferi
ng|30,516|36,6
96|
||Building
Fund|10,000|26,2
80|
||Donation -
Voluntary|||
||Seed|-|-|
||Other|-|-|
|||40,516|62,9
76|
**----- Start of picture text -----**
REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan 20-
Activities for
31st Dec20
generating funds - -
Note 13 Analysis of resources
expended - -
Analysis This Last year
year
- -
£ £
- -
Costs of Hospitality 236.00 1,080
generating
Rent and rate 1,780.5- 3,309 -
voluntary income
Total 8
Honorarium-Special Meetings 1,508.0- 4,3 -
0 40
Conferences and Meetings 716.30 3,7
Investment 90
income Insurance 203.04- -
943
Office Expenses 150.00- -
485
Evangelism and Events 241.20
- 296 -
Stationery & Postage 43.30
- 561 -
Travel/Transport 153.56
- 783 -
Professional Charges Total 0
- 620 -
Sundry Expenses 26.99
580
Incoming Books 159.49
resources from - 311 -
charitable
Independent Examiner 300.00
activities - -
- -
- -
- -
Total
**----- End of picture text -----**
**----- Start of picture text -----**
Note 11 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
Amounts falling due within 300 Amounts falling due after
Analysis of debtors Vehicle Expenses 6 one year more than one year
0 62
Bank Charges This year Last year This year Last year
0 £ 0 £ £ £
Fuel
Trade debtors - - - - 0 438
Amounts due from subsidiary and associated
Training
undertakings - - - - 0 940
Other debtors Equipment/Repairs 264.80 1,438 - - -
Prepayments and accrued income 2,057.1 - - - -
Media Total 6 0 - - -
7,840 20,876
Note 12 Creditors and accruals
Please complete this note if the charity has any creditors or accruals. WEM 3,986.5
12.1 Analysis of creditors 2 7,272
COF 600.12 Amounts falling due within 600 Amounts falling due after
Charitable Mission one year more than one year
3,000
activities Welfare 1,384.4 This year Last year This year Last year
2 760 £ £ £ £
Loans and overdrafts Area/Zonal Dues 0 - -
0 121
Trade creditors Donation - - - -
Amounts due to subsidiary and associated 0 0
Charitable Donations
undertakings 330 - - - - 608
Other creditors 6,301.0 - - - -
6 12,361
Accruals and deferred income 300 - - -
Governan ce Cost
Total 0 - -
6,301.0
Total 12.2 Security over assets 6 12,361
If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please -
Provide details.
**----- End of picture text -----**