Charity No 1151040 The Chosen Generation Assembly RCCG Annual Accounts 31 st December 2024 C.J.H Accounting Limited 226 Sandy Lane Droylsden Manchester M43 7JX
The Chosen Generation Assembly RCCG Contents For The Year Ended 31st December 2024 Page Reference and administrative details of the charity Trustees. report Independent examiners report Statem8nt of financial actrwities statement of financial postiion Notes to the financial Statements 11
The Chosen Generation Assembly RCCG Reference and administrative details of the charity For The Year Ended 31st December 2024 Trustees Deaconess Abieyuwa Vanbeest Adeyemi Odutola Doris Olushola Oyegade Veronica Oyebadejo Charity reglstration number 1151040 Principal office 383 Kingsway Manchester M19 1NG Independent examlner Georgina Russell Bankers Natwest Page 1
The Chosen Generation Assembly RCCG Trustees report For The Year Ended 31st December 2024 The Trustees present their annual report together with the financial statements of Evangel Assemblies of God Church (the charty) for the ended 31st December 2024. The Trustees Confirm that the annual report and financial statements of the charty comply with the current statutory requirements, the requirem8nts of the charivs goveming dUment and the provisions of the Statem8nt of RecA)mmended Practice (SORP) 'Accounting and Reporting by Charities. preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued 16 July 2014. STRUCTURE, GOVERNANCE AND MANAGEMENT GOVERNING DOCUMENT The charity is Controlled by its goveming document, a deed of trust. and constitutes an unincorporated charity. RISK MANAGEMENT The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provKle reasonable assuran against fra1 and error. OBJECTIVES AND ACTIVITIES OBJECTIVE AND AIMS The objective for the charity Is the advancement of the Christian Faith for the publi¢ benefit. in accordance with the doctrines set out in the statement of faith. The alleviation of poverty. Help the youth stay away from drugs and gangs. STRATEGIES FOR ACHIEVING OBJECTIVES The church has adopted the following strategies for achieving the above objectives.. Support for other charities and events wrth similar objectives. Social aciion initiatives in the community Assisting immigrants, especialty in the area of accommodation. ACTIVITIES FOR ACHIEVING OBJECTIVES The maln activities of the church are as follows: Sunday service Sunday school for all ages of children Weekly night Bible Studie5 and house fellowships at various ¢entres. Our serviGe5 run virtually (Zoom) and physicalty in church. VOLUNTEER MANAGEMENT The church Is grateful for the unstinting efforts of its volunteers who ar8 involved in services provision. office work and administration. Page 2
The Chosen Generation Assembly RCCG Trustees report (continued) For The Year Ended 31st December 2024 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. VULNERABLE BENEFICIARIES The church works with vulnerable groups Indling 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. Safeguards are in place. to protect wulnerable people from abuse and prevent abuse happening in the first place. CONFLICT OF INTERESTS No trustee is in a position vthere their duty as a trustee wll conflict wth any personal interest they may have. COMPLAINTS HANDLING We are commttted to ensuring that peopte 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 StatemenL which summarises how complaint about our service can be made. ACHIEVEMENTS AND PERFORMANCE REVIEW OF ACTivrriES The church undertook the following activities: MEMBERS, SPIRITUAL GRowfH and WELFARE: The church continues to impact the congregants with messages around their spiritual, and family growth and ways and means to navigate the challenges of life being offered with Biblical basis. We engaged all segments of the congregation. men. women, children. the married, the youths in all areas of life such as healtrt and well&ing, finances. marriage with spiritual counselling off8r8d as th8 needs arose. Our spiritual engagements were through: Daily Prayer Meeting, with the family, the nation, and world peace fomiing ihe focus of our gatherings between 18:OOhr-19.'OOhr. Sunday Services. Our Sunday meetings were open to visitors from our immediate environment. Monthly Prayer meetlng: Our prayer programme for families continues monthly between 22:QQhr and 01-.OOhr on the last Fridays. with various ministers leading. Page 3
The Chosen Generation Assembly RCCG Trustees report (continued) For The Year Ended 31st December 2024 Homeless Outreach We continue to engage with the IKJmeless people in the community who were engaged and encouraged to attend our services or come in with their immediate needs being attended to. The engagement with this group of people is to ensure the risks of drug use are explained to them as we encouraged them to come into the church with their concems attended to but in largely infomal manner as this has been found to be more appealing to this group of peop. The Elderly We made a few visits to the Nursing Homes around the church Bible and Christian Literature Outreach We continue to 8mbark on the distribution of free Bibles and Christian books. Children In the year. the church engaged the children in various activities on a monthty basis. We invested in training interested children in musical irlstruments as a way of raising a crop of instrumentslists for the Ghurch. This is an area of ongoing need, which we hope to continue working on. The childron who were making a transition from one level of education to another w8r8 given some financial token and gifts as a way of encouraging them in their social and educational development. Obligations To Our Parent Body Within the limit of our resources, we undertook our obligations to our parent bthly in London. These are through a monthly StarKJing Order for the running of the organisation's Central Office as well as Stipulated monthly payment to the World Evangelism Ministry (WEM). Foreign Students We offered support to students coming inlo various universities around us to alleviate their struggle in settling down in their new enwronmenL Several of them were so supported that they joined the Volunteer Group in the church. The support extended to them indude finding accomrnodation, how to navigate the system, offering advice on getting jobs. among others. FINANCIAL REVIEW RESERVE POLICY The statement of the financial activities shows a surplus of £9.285 and our net assets stand at £9.377. Principal Funding This is provided mainly through voluntary tithes and offerings by the church members. Paga 4
The Chosen Generation Assembly RCCG Trustees report For The Year Ended 31st December 2024 STATEMENT OF TRUSTEES. RESPONSIBILrriES The Trustees are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and Unff(ed Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PradKe). The Saw applicable to chartties 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 incx)ming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting Frf)licies and then ap them consistently,. observe the methods and principles In the Charrties SORP" make judgments and estimates that are reasonable and prudent: state whether applicable UK AcGounting Standards have been followed, subject to any material departures disclose(l and explained in the financial statements. prepare the financial statements on the going concem basis unless tt is inappropriate to presume that the Gharity will continue in operation. The Trustees are responsible for keeping proper ac(x)unting records that disdose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Chartties Act 2011. They are also rèsponsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prev8ntion and detection of fraud and other irregularities. This report was approved by the Trustees on 29th October 2025 and signed on their behalf. by: Veronica Oyebadejo Page 5
The Chosen Generation Assembly RCCG Independent examiners report For The Year Ended 31st December 2024 I report on the accounts of the Charity for the year ended 31 st December 2024, whiGh are sel out on pages 7 to 11. Respectlve responslbilities of trustees and examiner The chanty'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(2) of the Chartties Act 2011 (the 2011 Act) and that an independent examination is required. It is my responsibilty to- examine the accounts under Section 145 ofthe2011 Act to follow the prcKedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act).. and to state whether particular matters have corne to my attention. Basis of the Independent examinerfs report My examination was carried out in accordan ryth the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charty and a comparison of the accounts presented with those records. It also includes consKleration of any unusual items or disdosures 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 consequently no opinion is given as to whether the accounts present a Irue and fair view ' and the report 18 lirntted to those matters set out in the statements below. Independent examlnèrfs statsment In connection with my examination, no matter has come to my attention.. 1. which gives me reasonable cause to believe that. in any material respect. the requirements to keep accounting records in accordance with Section 130of the 2011 Act". and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met. or 2. to which, in my opinion, attenb.on should be drawn in order to enable a proper understanding of the accounts to be reached. Georgina Russ•ll 2911012025 Page 6
The Chosen Generation Assembly RCCG Statement of financial activitles For Th• Year Ended 31st December 2024 2024 2023 Unrestrictsd Unre$trl¢tod Funds Fund5 INCOMING RESOURCES Incomlng r8sourcas from generated funds Voluntary income 45,159 44.537 Total Incoming resources 45,159 44,537 ResouTce3 Expended Charitable activities Resources expended on chartlable activrlies 9.633 11.560 Governance costs 26,241 35.755 Total resources expended 3S.874 47.315 Surplusl (d•fi¢il) for the year 9,285 (2,778) Page 7
The Choson Generatlon Assembty RCCG Statement of financial position For The Year Ended 31st Decembor 2024 Notos 2024 2023 Funds Funds FIXED ASSETS Tangible assets 4.170 4,674 4,170 4,674 CURRENT ASSETS Cash at bank Dèb1$ 2.366 1,647 4,013 1,753 7.041 CREDoRs Amountfallng due thIn ore -1.834 .595 NET CURRENT ASSETS 5.207 4.582 TOTAL ASSETS LESS CURRENT UABiufiES 9,3n 92 NET ASSETS 9.3n 92 FUNDS Unreslri¢ted lunds: G8neral knnd 9.377 92 TOTAL FUNDS 9.377 92 The f nancial st8tsm8rts *re aF¢Yoved by Ihe t(•rd of TnAte8s on 2911LY2025 7Aere bghdtty. On bohav of th• l)o•rd.' Veronica Oyebadeja Trusee Page 8
Tho Chosen Gen¢ratlo Ass•mbly RCCG Notes to the financial $tatements For The Year Ended 31st D•c8mber 2024 I ACCOUNTING POLICIES ountiThu tontion Tht Ilnanckl ststsments have i>eBn PTepgr•Y te1th8 histo1 c051 wnventK¥rt and in XONdan rfth the stslernt 0fCOMmendÈj waciKe: ITand IFRS 1021 AcctsJnkng atKI R8pothg by ¢harkns ryepaiwvJ lhr a(x<xJnts n 8cwthnce FThnr#81 Reprthg SI&181 applutrA& n the UK and Repu01 on 16 W 2014 8Th1 wlh tr Ch8it8s Pd2011. kncomlng rnsour¢s AJI incoming resources are on tho Statsfflent ol F•i8nfid the thity o bgatyentslkd k) Ihe cOme aTrJ Ihe be quafttifl %•ith reasonable acpJTacy. Resour¢e8 exp¢nd•d Expgnditurg accourted fDron an t)05 end ha8 bean IathJ8 Ih•l 8ggr al ccts r818tsd to tha Where co&tscannDtbedlrecttyattrfbutedtO p3CularhÉ&l1 theyhave beenalloEed tMtie5On a basisty)ns1stwrtryth Ihe use ofregjur Tangible •d s¥•ts Ghurth i)ff( ¢qupmerrt- 20% rrduGing Fr88 & fftthgs. 20%. [8drJ b2&r ¢harky ts •x•mptfrom Is Fund A¢wunllng tylhe dorni orvthen fvnds afe fcy partilar rp51rthl purposes. Furiher expL4nt) ofts nattjrg aThl ofÈh is r510 lh8 fwnc4al str18nts. 2 VOLUNTARY INCOME 2024 33.982 10.555 Ghl aid r£cU Grant Internst In(x)me Totsl volunlary In¢ome 45,159 44,537 Page 9
The Chosen Gon8ration Assembty RCCG Notes to the financial statements (contlnued) For The Year Ended 31st December 2024 3 CHARITABLE ACTIVITIES COSTS 2024 2023 DonalionB RCCG WEM Honordiium 6,874 8.672 600 1.538 750 250 R•sourc•s WApèndèd on Charltab actsvlty 9.633 4 GOVERNANCE COSTS 2024 2023 AccountarKyfees Advertising Oeweeiation Emptoyee pensi Equipmenl hire Insurar Light & Heat MotLY Musical services Posthge. stallonery & $ofr8 Reirt & rats RepaiT3 ar mntenan Sundry exwnsès Tdephon8 TrnSnlng Travd and 3CLcOts1K1n Wages $69 1.043 1,168 117 513 913 1.073 1,194 643 1.419 328 851 1,351 7.680 1.649 2,913 279 1,089 171 2,001 13,385 193 162 2.050 R•8ources •xp•nded on gov•rnwe• eosts 26.241 35.755 5 TRUSTEES. REMUNERATION AND BENEFITS Thwe Vre no tnJslees' remuneralon Lvother beneffts kn the ended 31st Decemtw 2024. Therg werg no ITusle8s' èxpans pawj in lh8 end8d 31st Decemb8r 2024. Page 10
The Chosen Goneratlon Assembly RCCG Notes to tho Ilnanckl stateménts (eontlnued) For The Year Endod 31st December 2024 6 TANGIBLE FIXED ASss Church Equlpm•nt Fthrns & F[n9S Totsl COST A8 at IstJanuary2024 Addtkjns As at 31si Dnb 2024 7,227 5229 539 5.768 12.456 539 12,995 7.227 DEPRECIATION As at 1st January 2024 Charge lor th8 Jtar As at 31$1 De(*nbw 20 4.550 535 3.232 7.782 3.740 8,825 NET BOOK VALUE Al 31st DeLembw2024 1142 2.028 170 At 31st 0etember2023 1.997 4.674 7 DEBTORS 2024 2023 Grft R8d8im 7&3 Total debtors 1.753 1.647 8 CREDITORS ." AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Tr8de eredttors Otherer&1¢tors PAYE 2,186 8.59S 10 MOVEMENT INFU14DS surplu (thficit) in year 0110112024 3111212024 Unrestricted funds ftJThJ 9285 9.37T Total lundo 9285 9,377 Page 11