## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY**
**Charity Reg. No: 1152473**
**TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
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**THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY Reports and Accounts for the period ended 31 December 2021**
**CHARITY REGISTRATION NUMBER IN ENGLAND AND WALES 1152473**
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY Reports and Accounts**
|**CONTENTS**||
|---|---|
|Charity Information|3|
|Trustees annual report|4-5|
|Independent Examiners Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to Accounts|9-14|
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY Charity Information**
**General Overseer** Pastor
## E. A. Adeboye **Trustees**
Mr Bernard Chiedu Etuokwu Miss Amidatu Chantal Shola Mustafa Miss Uwomano Naomi Okupa
## **Minister In Charge**
Pastor Mrs Florence Enughwure
## **Charity Registration No:**
1152473
## **Registered Address**
19 Collins Way Erith Kent DA8 2FN
## **Bankers**
Barclays Bank Plc Leicester Branch Leicester Branch LE87 2BB
**Accountants** Toda Consult
19 York Road Northfleet Kent DA11 9PU
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
The Trustees submit their annual report and the financial statements of The Redeemed Christian Church of God-Jesus Family (the church) for the year ended 31 December 2021. The Trustees confirm that the annual report and financial statements of the church comply with current statutory requirements, the requirements of the church's governing documents 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 Trust deed dated 20 September 2012 and has a registered charity no 1152473
## **b. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS/TRUSTEES**
The management of the church is the responsibility of the Trustees who are elected and coopted under the terms of the Trust deed.
## **c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES**
The induction process for a newly appointed member of the Trustees comprises an initial meeting with 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 trustees.
## **e. RELATED PARTY RELATIONSHIPS**
RCCG Jesus Family 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 church is exposed, in particular, those related to the operations and finances of the church and are satisfied that systems are in place to mitigate our exposure to the major risks.
## **Objectives and Activities**
## **a. POLICIES AND OBJECTIVES**
The objects of the Charity are:
- The advancement of the Christian faith worldwide; and
- The relief of poverty
## **b. STRATEGIES FOR ACHIEVING OBJECTIVES**
The church has adopted the following strategies for achieving the above objectives:
- Organising seminars and conferences in the church with proven speakers and ministers of the faith to guide members in the various aspects of the Christian faith; and
- Support for other charities and Christian events.
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## **C. ACTIVITIES FOR ACHIEVING OBJECTIVES**
- Community Outreach Events
- Conferences and events
- Welfare support to members and general public, and
- Various missionary activities
## **The Charity was involved in the following public benefit efforts:**
- Organising Sunday and midweek teaching of Christian principles for community members who wish to improve on Christian faith,
- Organised Christmas party for the community
- Organise conferences and seminars, which is open to all members of public free of charge
## **d. GRANT MAKING POLICIES**
Under the Common Purposes Agreement (see above), RCCG Jesus Family has agreed to make contributions to RCCG (UK). In addition, the church supports missionary organisations such as Festival of Life and World Evangelism Mission. The church also provides support to members of the congregation who are in need. This is done at the discretion of the trustees.
## **e. VOLUNTEERS**
The church is grateful for the efforts of its volunteers who are involved in service provision, it is estimated that over 600 volunteer hours were provided during the year. If this is conservatively valued at £10.00 an hour, the volunteers' efforts amount to over £6,000.00
## **b. INVESTMENT POLICY AND PERFORMANCE**
The Trustees have decided that at present, funds should be retained in Banks and Building Societies. Any change in such banking arrangements should be agreed by the board. As far as possible, funds will be retained in interest bearing accounts.
## **FINANCIAL REVIEW**
The charity's financial statement for the year ended 31 December 2021 shows a net increase in fund of £24,111 (2020: £5,710 increase).
The value of the charity's net assets as at 31 December 2021 was a surplus of £41,421 (2020: a surplus of £17,310)
## **a. RESERVES POLICY**
## **Reserves Policy**
The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.
## **b. PRINCIPAL FUNDING**
This is provided mainly through voluntary giving of tithes and offerings by the church members and through gift aid scheme. Pledges are also taken for specific projects.
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## **REVIEW OF ACTIVITIES AND FUTURE DEVELOPMENTS** :
The Board of Trustees is chaired by Mr. Bernard Etuokwu, with Ms Amidatu Mustafa and Uwomano Naomi Okupa as trustee members. RCCG Jesus Family continues to be governed by committed trustees who have provided advisory services to Jesus Family Thamesmead, a parish of the Redeemed Christian Church of God, UK.
## **The activities:**
This year has been quite challenging in some ways for the church as we have had to adapt to cope with the reality of the COVID-19 pandemic. As a church we have developed our online platform, which to our surprise was well received, holding prayer meetings through Zoom. We livestreamed our Sunday services through Zoom and Facebook. We met daily online to conduct our early morning and evening prayers. Our prayer gathering online continues to grow from strength to strength.
Our young people’s ministry has also been online and have seen some of our young people grow in strength and faith as leaders and attendees of the various events that Jesus Family has provided.
We visited and supported families who struggled financially at the initial stages of the pandemic. We kept in contact with our members via telephone and social media and where necessary visited sick while keeping social distance and maintaining government guidelines.
We have continued to maintain:
- ➢ Our continued partnership with Compassion UK, in sponsoring less privilege children all over the world. Jesus Family has continued to sponsor, several young Indian girls over the years into education, giving them opportunities, they would not otherwise have had, if not for our support, to become confident young women of tomorrow.
- ➢ We continue to support our local community delivering food parcels for the elderly in the community and families mainly through Evergreen Care Bexley and our team of volunteers who followed government guidelines ensuring the safety of the others. With a team of volunteer, with our support they have been able to provide care and support to both the aged and families in our community.
## **HM Belmarsh Prison Fellowship –**
- ➢ This is a local prayer prison fellowship we have engaged with and are fully committed to support in monthly prayers and giving financial support to the Angel Tree Project, which is an arm of the Prison Fellowship which helps family of those in prison to lighten the burden of Christmas for their children with Christmas presents which they would not normally have expected due to the incarceration of a parent. Currently, we have two-members who have passed through the Prison Fellowship training. With the training and vetting the volunteers will be rotated into attending the Prison Fellowship Sunday Service once the lockdown has been lifted and it is safe to meet in person. Although the pandemic has restricted our physical attendance in the prayer meetings, however, we have continued to support in prayers through the zoom platform and continue to contribute financially to this worthy cause.
The Trustees will continue to explore ways to further raise the profile of Jesus Family within our community. Our involvement with the Prison Fellowship within our local community is one that we are extremely grateful for and are committed to do much more in increasing our evangelical outreach in
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prayers and support to the various projects run by the fellowship. We look to the New Year with more community causes to engage with.
## **Trustees' Responsibilities in Relation to the Financial Statements**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and regulations.
The Charities Act 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 surplus or deficit of the charity for that period. In preparing these financial statements, the trustees are required to:
- a) Select suitable accounting policies and apply them consistently.
- b) Make judgements and estimates that are reasonable and prudent.
- c) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements.
- d) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking any reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report was approved by the Board of Trustees and signed on their behalf by:
Signature: _**B. Etuokwu**_
Name: **Mr. Bernard Etuokwu**
Date:31/10/2022
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY**
I report on the accounts of the Trust for the period ended 31 December 2021, which are set out on pages 7 to 11.
## **RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER**
As the Charity's Trustees, you are responsible for the preparation of the Account: you consider that the audit requirement of section 43(2) of the Charities Act 1993 ("the Act") does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7) of the Act, whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINER'S REPORT**
My examination was carried out in accordance with the General Directions given by the Charity 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 consequently I do not express an audit opinion on the view given by the Accounts.
## **INDEPENDENT EXAMINER'S STATEMENT**
In connection with my examination, no matter has come to my attention:
1. Which gives me reasonable cause to believe that any material respect the requirements:
- to keep accounting records in accordance with section 41 of the Act, and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act.
- Have not been met or
2. To which, in my opinion, attention be drawn to enable a proper understanding of the accounts to be reached.
## O G AGBOLA
31/10/2022 Oludare Agbola Toda Consult 19 York Road Northfleet Kent DA11 9PU
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY Statement of Financial Activities for the year ended 31 December 2021**
|||||**2021**|**2020**|
|---|---|---|---|---|---|
||Notes|Unrestricted|Restricted|Total|Total|
|||£|£|£|£|
|**Incoming Resources**||||||
|_Incoming resources from generated funds:_||||||
|Voluntary income:donations|2|40,717|-|40,717|26,454|
|Activities in furtherance of the charity||||||
|objects||-|-|-|-|
|**_Total Incoming Resources_**||**40,717**|**-**|**40,717**|**26,454**|
|**Resources Expended**||||||
|_Charitable activities_|3|16,142|-|16,142|16,832|
|_Governance costs:_|4|464|-|464|3,912|
|**_Total Resources expended_**||**16,606**|-|**16,606**|**20,744**|
|**Net Incoming/(Outgoing) Resources for the year**||24,111|-|24,111|5,710|
|**Total funds at 1 January 2021**||17,310|-|17,310|11,600|
|**Transfer between funds**||**-**|**-**|-|-|
|**Total funds at at 31 December 2021**|6|**41,421**|**-**|**41,421**|**17,310**|
All disclosures relate to the continuing operations. There are no recognised gains or losses other than those disclosed above.
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY Balance sheet as at 31 December 2021**
|**FIXED ASSETS**
Notes
Tangible Fixed Assets
7
**CURRENT ASSETS**
Cash in Hand/ Bank
**CREDITORS:**
Amount falling due within a year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**ACCUMULATED FUNDS**
Restricted
9
Unrestricted
9.1
**TOTAL FUNDS**|£
40,698|**2022**
£
973
**973**
(250)
40,448
41,421
**41,421**
-
41,421
**41,421**||**2021**
£
1,187|
|---|---|---|---|---|
|||||**1,187**
17,023
17,023
(900)
16,123
17,310|
||40,698||||
||||||
|||||
**17,310 **|
|||||-
17,310
**17,310**|
||||||
- a) For the year ending 31 December 2022 the Charity was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
- b) The members have not required the Charity to obtain an audit in accordance with section 476 of the Companies Act 2006.
- c) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
Approved by the Trustees and Signed on their behalf:
Signature: _**B. Etuokwu**_
Name: **Mr. Bernard Etuokwu**
Date: _**31/10/2022**_
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS FAMILY Notes to the financial statements for the period ended 31 December 2021**
## **ACCOUNTING POLICIES**
## **1.1 Basis of preparation of accounts**
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for smaller Entities (effective January 2007). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), "Accounting and Reporting by Charities" published in March 2005 and applicable accounting standards.
## **1.2 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Church and which have not been designated for other purposes
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Church for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the accounts.
## **1.3 Incoming resources**
These are recognised in full in the Statement of Financial Activities in the period in which they are received Included are income from tithes, offerings, gift aid and interest received during the year from investments and accounted for as restricted or unrestricted funds.
|**2. Voluntary Income: Donations**
Tithes & Offerings
Gift Aid|**2021**
£
32,904
7,813
40,717||**2020**
£
26,454|
|---|---|---|---|
||||
26,454|
## **3. CHARITABLE ACTIVITIES- (Direct charitable expenditure Unrestricted)**
This comprises all expenditure directly related to the objects of the Charity. It also includes expenditures in support of that activity where material.
|World Evangelical Mission
Central Office
RCCG- Area
Charity donations
Welfare expenses
Publicity
Community outreach
Visiting speakers expenses
Training and conferences
Music Expenses
Compassion UK
Travels for conferences
Insurance
Rent & Rates
Telephone & fax & internet
Religious Books
Covid Expenses
Admin expenses
JFYCD|**2021**
£
4,758
900
410
1,600
717
1,000
-
2,400
-
450
336
1,961
254
1,020
144
130
-
62
-
**16,142**|**2020**
£
5,297
700
885
-
600
909
1,913
300
270
320
327
-
266
3,825
-
-
350
800
70|
|---|---|---|
|||**16,832**|
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## **4. GOVERNANCE COSTS**
|**4. GOVERNANCE COSTS**||||
|---|---|---|---|
|Legal & professional fees
Depreciation
Pastor's allowance
**4.1 NET MOVEMENT IN FUNDS FOR THE YEAR**
The net movement in funds for the year is stated
after charging
Depreciation of tangible fixed assets
Legal & Professional fees||**2021**
£
250
214
-
**464 **
**2021**
**£**
214
250
**464**|**2020**
£
900
2,229
783
**3,912**|
||||**2020**
**£**
2,229
900
**3,129**|
## **5. DEPRECIATION**
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|Church & office equipment
**6.FUNDS**
At 1 January
Surplus/(Deficit) for the year
At 31 December
**7.FIXED ASSETS**
**Cost**
At 1 January 2021
Additions
At 31 December 2021
**Depreciation**
At 1 January 2021
Charge for the year
At 31 December 2021
**Net Book Value**
At 31 December 2021
At 31 December 2020|18% reducing balance
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
17,310
-
17,310
11,600
24,111
-
24,111
5,710|
|---|---|
||**41,421**
-
**41,421**
**17,310**|
||**Furniture,**
**Fixtures & Motor**
**Office Equipmentinstruments Vehicle**
**Total**
£
£
£
£
7,000
7,500
5200
19,700
-
-
-
-|
||7,000
7,500
5,200
19,700|
||6,429
6,884
5,200
18,513
103
111
-
214|
||6,532
6,995
5,200
18,727|
|||
||**468**
**505**
**-**
**973**|
|||
||**571**
**616**
**-**
**1,187**|
## **8.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**:AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Accruals
Other creditors|**2021**
**£**
250
-
250|**2020**
**£**
900
-|
|||
900|
## **9. UNRESTRICTED FUNDS**
These are grants and donations received or receivable for the objects of the charity without restrictions as to purpose but are available as general funds.
## **9.1 RESTRICTED FUNDS**
Restricted funds are used for the purpose as specified by the donor. Expenditure that meets these criteria is identified to the fund.