REGISTERED COMPANY NUMBER: 08569793 (England and Wales) REGISTERED CHARITY NUMBER: 1154952
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2024
for RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Alb Peterson 7 Tomlins Orchard Hardwick Street Barking IG11 7LP
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
| Contents of the Financial Statements | |
|---|---|
| for the Year Ended 30 June 2024 | |
| Page | |
| Report of the Trustees | 1 to 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 13 |
| Detailed Statement of Financial Activities | 14 to 15 |
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Report of the Trustees for the Year Ended 30 June 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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 provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
08569793 (England and Wales)
Registered Charity number 1154952
Registered office
27 Premier Way Kemsley Sittingbourne Kent ME10 2GU
Trustees
Pastor Philip A King - Yombo Mrs Catherine A King- YAmbo Mrs Mutiat Kuku Gbolaham Adedoyin Mr Kunle Adeoye Mr Olu Akinyemi Mrs Cecilia Abosede Tojola
Page 1
Report of the Trustees for the Year Ended 30 June 2024
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
OBJECTIVES AND ACTIVITIES
AWARENESS ON SOCIAL RESPONSIBILITY
During the COVID-19, organised cybersecurity awareness for all family unit using the internet for schooling, working from home and all related usage of IT devices.
Women Forum
Workshops and Seminars targeted at empowering women in the community. Healthy Eating and Healthy Living workshop, women are taught benefit of healthy eating and healthy living. Art and Craft workshops learning flower arrangement, and home making.
Food Bank
This is a yearly programme for the less privileged, during Christmas period. Food hampers are being given to old people's homes, those who are jobless, and homeless.
Counselling We offer free counselling service to the community. Book in counselling services from Monday to Friday, drop in sections on Sundays.
Page 2
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Report of the Trustees for the Year Ended 30 June 2024
OBJECTIVES AND ACTIVITIES
OBJECTIVE AND ACTIVITIES
Some community-based engagements of RCCG Rock of Redemption. We have some programmes aimed at reaching out to the immediate community these includes.
Tea Time
With the help of volunteers, the church offers tea and cookies to those that want on Wednesdays, where anyone can come in to a cosy environment, have a chat over tea or coffee.
Youth and Children's Day
This programme is aimed at developing youth and children in the community. Children from different background comes together to show their talents through different presentations, drama, singing, dancing, etc. Parents and children look forward to this day every year because it's usually a fun-filled environment where they eat and drink, have ice cream and after all go home with wonderful gifts.
Family Talks
Another community project that has gained popularity from the cradle of our senior pastor; Philip King-Yombo is the family talk slated for the third Sundays of every month. This is a forum where issues that bothers on the home, parenting, family finance, in laws, friends etc are laid bare and discussed, questions relating to the subject of discussions are presented and experienced members of the community,
pastors and elderly people are always on hand to proffer solutions to these challenges This programme has so much gained relevance that the church has recorded steady rise in attendance on these Sundays because it is cross-cultural, cross denominational, non-biased and plain truth are presented where attendees are equally encouraged to open-up their issues as objectively as they can.
Page 3
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Report of the Trustees for the Year Ended 30 June 2024
Africa Unite Against Child Abuse (AFRUCA)
This is a non-government organisation that we work with by holding periodic seminars in the church for their far-reaching cardinal programmes that is helping to shape the lives of African children in the UK and also helping Parents in their response to the peculiar problems of raising their children in the United Kingdom. Their work includes.
-
➢ Awareness raising and sensitisation
-
➢ Information, Education and Advisory Services
-
➢ Advocacy and Policy Development
-
➢ Community and International Development
-
➢ Family Support
Drugs and Alcohol Consult
This was aimed at reaching out to those with drugs and alcohol problems. For advice and to create an environment where they can liaise together with those in their shoes and who are also trying to be clean. For the reasons of Funds, required expertise /staffs and government regulations this programme is currently on hold for a while. The trustees are looking for help in this area because of the great impact this will have on the community.
Back to school
This is a particular passion of our senior Pastor, who realised some years ago that, the church needs to assist the parents after the summer holidays by giving out free school materials like books, pens and bags and so forth to alleviate their financial burdens after spending to take their children on holidays and buying them stuffs.
Parents and children look forward to this day every end of summer because it’s usually a fun-filled environment where they will be treated with food, drinks and ice cream and after all go home with wonderful gifts towards their return to classes
Page 3
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Report of the Trustees for the Year Ended 30 June 2024
REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary
Independent Examiner Mrs Liljana Peterson Alb Peterson 7 Tomlins Orchard Hardwick Street Barking IG11 7LP
Page 4
Report of the Trustees for the Year Ended 30 June 2024
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of RCCG ROCK OF REDEMPTION (APATA IRAPADA) for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, on 21/03/2025 as the company directors, on and signed on the board's behalf by:
........................................................................ Mrs Mutiat Kuku - Trustee
Page 5
Independent Examiner's Report to the Trustees of RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Independent examiner's report to the trustees of RCCG ROCK OF REDEMPTION (APATA IRAPADA) ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs Liljana Peterson Alb Peterson 7 Tomlins Orchard Hardwick Street Barking IG11 7LP
Date: 22/03/2025
Page 6
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Charitable Activities Support Cost Finance cost Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Statement of Financial Activities for the Year Ended 30 June 2024 Unrestricted Endowment funds funds Notes £ £ 46,814 - 69,695 - 24,380 - 1,538 - 95,613 - (48,799) - (11,061) - (59860) - |
30.6.24 Total funds £ 46,814 69,695 24,380 1,538 95,613 (48,799) (11,061) (59860) |
30.6.23 Total funds £ 76,555 40,672 30,921 7,549 79,142 (2,587) (8,474) _(8,474) _ |
|---|---|---|---|
The notes form part of these financial statements
Page 7
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
| Balance Sheet | Balance Sheet | ||||
|---|---|---|---|---|---|
| 30 June 2024 | 30 June 2024 | ||||
| 30.6.24 | 30.6.23 | ||||
| Unrestricted | Endowment | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 5 | 4,268 | - | 4,268 | 7,759 |
| CURRENT ASSETS | |||||
| Debtors | 6 | 4,500 | - | 4,500 | 27,016 |
| Cash in hand | 1,450 | - | 1,450 | 9,450 | |
| 5,950 | - | 5,950 | 36,466 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 7 | (23,611) | - | (23,611) | (7,310) |
| NET CURRENT ASSETS/(LIABILITIES) | (17,661) | - | (17,611) | 29,156 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | (13,393) | - | (13,393) | 36,915 | |
| CREDITORS | |||||
| Amounts falling due after more than one year | 8 | (42,976) | - | (42,976) | (47,976)) |
| NET ASSETS/(LIABILITIES) | (56,369) | - | (56,369) | (11,061) | |
| FUNDS | 10 | ||||
| Unrestricted funds | (56,369) | (11,061) | |||
| TOTAL FUNDS | (56,369) | (11,061) |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 21 /03/2025 and were signed on 28/03/2024 its behalf by:
............................................. Mutiat Kuku - Trustee
The notes form part of these financial statements
Page 8
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Notes to the Financial Statements for the Year Ended 30 June 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost Computer equipment - 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 30.6.24 | 30.6.23 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 3,491 | 3,491 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
Page 9
continued...
| RCCG ROCK OF REDEMPTION (APATA IRAPADA) | RCCG ROCK OF REDEMPTION (APATA IRAPADA) | RCCG ROCK OF REDEMPTION (APATA IRAPADA) | ||||
|---|---|---|---|---|---|---|
| Notes to the Financial Statements-continued | ||||||
| for the Year Ended 30 June 2024 | ||||||
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Endowment | Total | ||||
| funds | funds | funds | ||||
| £ | £ | £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | 46,814 | - | 46,814 | |||
| EXPENDITURE ON | ||||||
| Charitable activities | ||||||
| Charitable Activities | 69,695 | - | 69,695 | |||
| Support Cost | 24,380 | - | 24,380 | |||
| Finance cost | 1,538 | - | 1,538 | |||
| Total | 95,613 | - | 95,613 | |||
| NET INCOME/(EXPENDITURE) | (48,799) | - | (48,799) | |||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | (11,061) | - | (11,061) | |||
| TOTAL FUNDS CARRIED FORWARD | (59,860) | - | (59,860) | |||
| 5. | TANGIBLE FIXED ASSETS | |||||
| Fixtures | ||||||
| and | Computer | |||||
| fittings | equipment | Totals | ||||
| £ | £ | £ | ||||
| COST | ||||||
| At 1 July 2023 | 10,856 | 6,602 | 17,458 | |||
| Additions | ||||||
| At 30 June 2024 | 10,856 | 6,602 | 17,458 | |||
| DEPRECIATION | ||||||
| At 1 July 2023 | 6,984 | 2,715 | 6,208 | |||
| Charge for year | 2,171 | 1,320 | 3,491 | |||
| At 30 June 2024 | 9,155 | 4,035 | 13,190 | |||
| NET BOOK VALUE | ||||||
| At 30 June 2024 | 1,701 | 2,567 | 4,268 | |||
| At 30 June 20223 | 3,872 | 3,887 | 7,759 | |||
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 30.6.24 | 30.6.23 | |||||
| £ | £ | |||||
| Other debtors | 4,500 | 27,016 |
Page 10 continued...
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
| Notes to the Financial Statements-continued | Notes to the Financial Statements-continued | ||||
|---|---|---|---|---|---|
| for the Year Ended 30 June 2024 | |||||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 30.6.24 | 30.6.23 | ||||
| £ | £ | ||||
| Other Creditor | 23,611 | 7,310 | |||
| Accrued expenses | |||||
| 23,611 | 7,310 | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE | YEAR | |||
| 30.6.24 | 30.6.23 | ||||
| £ | £ | ||||
| Bank loans (see note 9) | 42,976 | 47,976 | |||
| 9. | LOANS | ||||
| An analysis of the maturity | of loans is given below: | ||||
| 30.6.24 | 30.6.23 | ||||
| £ | £ | ||||
| Amounts falling due between two and five years: | |||||
| Bank loans - 2-5 years | 42,976 | 47,976 | |||
| 10. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.7.23 | in funds | 30.6.24 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | (11,061) | (48,799) | (59,860) | ||
| TOTAL FUNDS | (11,061) | (48,799) | (59,860) | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 46,814 | (95,613) | (48,799) | ||
| TOTAL FUNDS | 46,814 | (95,613) | (48,799) |
Comparatives for movement in funds
Page 11
continued...
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 76,555 123,369 |
Resources Movement expended in funds £ £ (79,142) (2,587) (174,755) (51,386) |
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 123,369 | (174,755) | (51,386) |
| TOTAL FUNDS | 123,369 | (174,755) | (51,386) |
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2024
Page 12
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
| INCOME AND ENDOWMENTS Donations and legacies Tither and Offerings Other Income Gift aid Total incoming resources EXPENDITURE Charitable activities Rent and Rates Rent 21-22 Central Office Church Expenses Donation to Other Parishes WEM Ministry Expenses Music Expenses Media Expenses Evangelism and Special Events Honorarium Welfare Support costs Management Insurance Light and heat Telephone Postage and stationery Advertising Sundries Motor Vehicle Expenses Hospitality Repairs and Maintenance Transport expenses Office Expenses Hiring Equipment’s Computer and Internet Expenses Health and Safety Finance Bank charges Fixtures and fittings Computer equipment Other 2 Bank loan interest |
Detailed Statement of Financial Activities for the Year Ended 30 June 2024 30.6.24 30.6.23 £ £ 37,646 60,011 5,421 2,490 3,747 14,054 46,814 76,555 46,814 76,555 40000 20,842 20000 555 - 560 2550 6,080 120 300 - 1,300 5,950 5,618 - - 547 312 3,843 528 1,262 - 69,695 40,672 1,451 2,246 2,586 3,716 1,311 792 267 720 - 440 - - - 2,694 - - 12,480 16,198 168 - 250 1,380 - 1,230 - 1,150 - 355 18,513 30,921 380 1,474 2,171 2,171 1,320 1,320 3,871 4,965 1,158 1,000 |
|---|---|
This page does not form part of the statutory financial statements
Page 13
RCCG ROCK OF REDEMPTION (APATA IRAPADA)
| Other 2 Governance costs Accountancy and legal fees Legal fees Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Year Ended 30 June 2024 30.6.24 30.6.23 £ £ 2,010 2,318 366 266 2,376 2,584 95,613 79,142 (48,799) (2,587) |
|---|---|
This page does not form part of the statutory financial statements
Page 14