Trustees' Annual Report for the period
| Period start date | Period start date | Period start date | Period end date | Period end date | |||
|---|---|---|---|---|---|---|---|
| **From ** | 01 | 01 | 2020 | To | 31 | 12 | 2020 |
Section A Reference and administration details
Charity name[THE REDEEMED CHRISTIAN CHURCH OF GOD, LIVING FAITH SOUTH ] SHIELD
Other names charity is known by
RCCG LIVING FAITH SOUTH SHIELDS
Registered charity number (if any) 1152945
Charity's principal address Bethel Place, 3 Robinson Street South Shields Postcode NE33 4PR
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Adetola Odumade | ||||
| Ikechukwu Madumere |
Chair of Trustees | |||
| Oluwatoyin Akin | ||||
| Names of the trustees for the charity, if any, (for example, any custodian trustees) | Names of the trustees for the charity, if any, (for example, any custodian trustees) |
|---|---|
| Name | Dates acted if not for whole year |
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Spiritual | Pastor Agu Irukwu | RCCG Jesus House London |
| Finance | Tunji Ogedengbe | DTT Consultancy Limited |
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution
- (eg. trust deed, constitution)
How the charity is constituted
Organisation
- (eg. trust, association, company)
Trustee selection methods Appointed by a resolution of the trustees passed by a majority of the (eg. appointed by, elected by) trustees
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
All Trustees are members of the Organisation
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
The objects of the trust are to advance the Christian faith in South Tyneside and such other parts of the United Kingdom or the world as the trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the trust and to relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the said location and in such other parts of the united Kingdom or the world as the
trustees may from time to time think fit.
DONATION OF CHURCH BUILDING AND ASSET:
Early this year the Trustees of former New Hope Church South Shields donation their church building and assets to RCCG LIVING FAITH South Shields. We thank the Charity Commission for all their support.
NORTH EAST PRAY INTERDINOMINATIONAL PRAYER CONFERENCE. The event was aimed at praying for the economic advancement of the entire North East Region. Amongst the dignitaries were former Mayors of South Tyneside Cllr Fay Cunningham and Cllr Olive Punchion
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
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GAME AND FOOD SUMMER PROJECT. We received a grant
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donation from South Tyneside Council to organise a food and games event during the summer. The event was well attended, and all the children had fun.
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NEW CHURCH PLANT. We planted a new branch inside the Scotch Estate in Jarow. The opening ceremony was well attended with 76 people in attendance
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5 Minutes Sermon on Shields Gazette – We volunteer as columnist in the only newspaper in our Borough. Our five minutes’ sermon page gives thousands of residences the opportunity to read
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Promotion of Parenthood – We believe in family value in accordance to biblical injunction. To promote this, we organise a Family Dinner for families in our Borough. Our guest speaker was Dr Nwachukwu Nwabineli.
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Kingdom Life Festival 2019 – Is our three –day annual festival where we announce and celebrate the reign of God’s kingdom. On the second day of the festival we have our Multicultural Night where we celebrate the uniqueness of every culture. Different choir from different nationalities are invited to praise God in their own cultures. During this events, different culture displays their meals, music and traditions.
Additional details of objectives and activities (Optional information)
Volunteers often make financial and other committed contributions to the Organisation through offering, Tithes and serving in various positions.
You may choose to include further statements, where relevant, about:
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policy on grant making;
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policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
Summary of the main achievements of the charity during the year
We have developed good relationships with other organisation and people of South Tyneside. We have also built a good reputation for the church, and this changed the way people see church.
*Conferences: As above, these events address a whole range of public needs
*Training and Staff welfare: People/volunteers who aspire to develop professionally and vocationally have opportunity
Building Planning:* It has always been one of our priorities to own our own facility ( although this has not been fully achieved** ), but we are believing God to give us the grace to buy our present place of worship.
*Church Website/ Facebook Page - Our website (though very basic), and facebook page enables us to convey our vision, who we are and what we do.
Section E Financial review
Brief statement of the
Reserves are carried over into the next financial year and extra gifts may well be given to assist charitable causes.
charity’s policy on reserves
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
Fund raising for a building/facility of our own continues to be a focus of ours, This will continue until we actualise this dram.
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Oluwatoyin Akin
Full name(s) Oluwatoyin Akin
Position (eg Secretary, Chair, Trustee etc)
Date 10-09-2021
Charity no. 1152945
Redeemed Christian Church Living Faith South Shields
Annual Accounts
1 January 2019 to 31 Dec 2020
Prepared by DTT Consultancy Ltd
| Charity no. 1152945 |
Redeemed Christian Church Living Faith South Shields | Redeemed Christian Church Living Faith South Shields | Redeemed Christian Church Living Faith South Shields | Redeemed Christian Church Living Faith South Shields | Redeemed Christian Church Living Faith South Shields | Redeemed Christian Church Living Faith South Shields |
|---|---|---|---|---|---|---|
| Annualaccountsforthe period | ||||||
| Period start date | 01/01/2020 | To | Period end date |
31/12/2020 | ||
| Section A | Statement of financial activities | |||||
| Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income S01 Activities for generating funds S02 Investment income S03 Incoming resources from charitable activities S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 Total funds carried forward Total funds brought forward Net movement in funds Net incoming/(outgoing) resources before transfers Prior Year Adjustment Gains and losses on revaluation of fixed assets for the charity’s own use Other recognised gains/(losses) Net incoming/(outgoing) resources before other recognised gains/(losses) Gross transfers between funds Total resources expended Total incoming resources |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
|||||
| - | - | - | - | - | ||
| 42,062 | - | - | 42,062 | 30,076 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 42,062 | - | - | 42,062 | 30,076 | ||
| - | - | - | - | - | ||
| 35,945 | - | - | 35,945 | 27,967 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 1,183 | - | - | 1,183 | 1,633 | ||
| - | - | - | - | - | ||
| - | - | - | ||||
| 37,128 | - | - | 37,128 | 29,600 | ||
| 4,934 | - | - | 4,934 | 476 | ||
| - | - | - | - | - | ||
| 4,934 | - | - | 4,934 | 476 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 4,934 | - | - | 4,934 | 476 | ||
| 2,969 | - | - | 2,969 | 2,493 | ||
| 7,903 | - | - | 7,903 | 2,969 |
Section B Balance sheet @ 31st December 2020
| 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 Restricted income funds (Note 14) Endowment funds(Note 15) Total funds Signed by |
Note B01 B02 B03 B04 B05 B06 B07 B08 B09 B10 B11 B12 B13 B14 B15 B16 B17 B18 B19 B20 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 |
|---|---|---|---|---|---|---|
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 3,388 | - | - | 3,388 | 2,888 | ||
| - | - | - | ||||
| 4,815 | - | - | 4,815 | 381 | ||
| 8,203 | - | - | 8,203 | 3,269 | ||
| 300 | - | - | 300 | 300 | ||
| 300 | - | - | 300 | 300 | ||
| 7,903 | - | - | 7,903 | 2,969 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 7,903 | - | - | 7,903 | 2,969 | ||
| 7,903 | 7,903 | 2,969 | ||||
| - | ||||||
| - | - | |||||
| - | - | |||||
| 7,903 | - | - | 7,903 | 2,969 | ||
| Date of approval Print Name Signature |
||||||
| Oluwatoyin Akin | 10/09/2021 | |||||
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:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
• and with* Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act 1993.
[ except for the following]. _Give details in this box if a different standard has been followed.**_
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-Tick as appropriate:
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if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
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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)”.
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** - 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 .
1.3 Changes to previous accounts
No changes have been made to accounts for previous years
Section C Notes to the accounts (cont)
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 | Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to |
| donations 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 | |
| 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 | This includes any gain or loss on the sale of investments and any gain or loss resulting from |
| losses | 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 | These are capitalised if they can be used for more than one year, and cost at least £500. They |
| use 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 | These are valued at the lower of cost or market value. |
Section C Notes to the accounts (cont)
Note 3 Analysis of incoming resources
Incoming resources may be further analysed if this would help the reader of the accounts.
| Investment income Incoming resources from charitable activities Voluntary income Activities for generating funds |
Analysis | This year Last year £ £ |
This year Last year £ £ |
|---|---|---|---|
| Income | 42,062 | 30,076 | |
| - | - | ||
| Total | 42,062 | 56,395 | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - |
Section C Notes to the accounts (cont)
Note 4 Analysis of resources expended
Resources expended may be further analysed if this would help the reader of the accounts.
| Costs of generating voluntary income Governance costs Charitable activities |
This year Last year £ £ Analysis |
This year Last year £ £ Analysis |
This year Last year £ £ Analysis |
|---|---|---|---|
| SalaryRelated Cost | 14,055 | 6,737 | |
| Printing and Stationary | 290 | 123 | |
| Telephone | 559 | 625 | |
| Other | 244 | 35 | |
| Honorarium | 850 | - | |
| Office exp | 148 | 138 | |
| Conferences | 410 | 476 | |
| Travel | 213 | 1,054 | |
| Rent & Rates | 380 | 1,064 | |
| AccountancyFees | 250 | 250 | |
| Training | 854 | 250 | |
| Insurance | 1,186 | 2,240 | |
| Utility | 4,752 | 4,288 | |
| HMRC | 5,000 | 315 | |
| Bank and Finance charges | 168 | 161 | |
| Hospitatlity | - | 483 | |
| Biffa Waste | 586 | 520 | |
| Vehicle expenses | 399 | 1,270 | |
| Council tax | 281 | 647 | |
| Building | 1,331 | 6,621 | |
| Publicity | - | 233 | |
| Church equipment | 1,936 | 403 | |
| Pension | 2,053 | - | |
| Children | - | 35 | |
| Total | 35,945 | 27,967 | |
| Donation | - | 243 | |
| Welfare | 50 | 250 | |
| CentalOffice | 363 | 300 | |
| WEM | 770 | 650 | |
| HGZ Zonal contribution | - | 190 | |
| Total | 1,183 | 1,633 | |
| Total | - | - |
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).
| Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts |
This year £ |
Last year £ |
|---|---|---|
| 300 | 300 | |
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 Other debtors Prepayments and accrued income Total |
Amounts falling due within oneyear |
Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
Amounts falling due after more than oneyear |
|---|---|---|---|---|
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| 3,388 | 2,778 | - | - | |
| - | - | - | - | |
| - | - | |||
| - | - | - | - | |
| 3,388 | 2,778 | - | - |
Note 12 Creditors and accruals
Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors
| 12.1 Analysis of creditors | ||||
|---|---|---|---|---|
| Loans and overdrafts Trade creditors Amounts due to subsidiary and associated undertakings Other creditors Accruals and deferred income Total |
Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
||
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | - | ||
| - | - | - | ||
| - | - | - | - | |
| 300 | 300 | |||
| - | - | - | ||
| 300 | 300 | - | - |
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.
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Redeemed Christian Church of God – Living Faith South Shield
On accounts for the year 31[st] December 2020 Charity no 1152945 ended (if any) Set out on pages
(remember to include the page numbers of additional sheets)
Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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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
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to state whether particular matters have come to my attention.
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Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement 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.
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Independent In connection with my examination, no matter has come to my attention
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examiner's statement (other than that disclosed below *) 1. which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
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have not been met; or
-
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Please delete the words in the brackets if they do not apply.
| Signed: Name: Relevant professional qualification(s) or body |
|
|---|---|
| Tunji Ogedengbe | |
1
IER
| (if any): Address: |
|
|---|---|
| 36 Daffodil Close, Hatfield, Hertfordshire, AL10 9FF | |
Section B Disclosure
Only complete if the examiner needs to highlight material problems.
2
IER
Give here brief details of any items that the examiner wishes to disclose .
3
IER