Registered number 08674803 RCCG WINNER'S TABERNACLE LTD Report and Accounts 30 September 2024
RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) Icompony Limitsd by Guarantsg) IRegl$tration numb8r.' 086748031 (Charlty r•glstratlon". 1155037) REPORT AND ACCOUNTS 30 SEPTEMBER 2024 RCCG WINNER'S TABERNACLE IREDEEMED CHRISTIAN CHURCH OF GOD) REFERENCE AND ADMINIST14ATIVE DETAILS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Status The ¢hafity is constrtuled as a company Ilmlled by guarantee and 81s0 und$r the Gharity commi58ion of England and WaLg8. Govornlng docurn•nt The company was oslab118hed under a memorandum of association with objeGt5 and powers that are governed under118 adopted article8 of 8880clallon Company HOU reghtratlon 8674803 Charfty Roglstratlon 1155037 PrlncSpal pl•¢• of bu•lne•• 165-167 Glenaldon M8w8 Strgalham SW162AZ R•glstor•d offlce 2 Darcy Road London England SW16 4TY Dlro¢torn Ble8sSng Ololahor Efe Otolahor sr•tsry Samson Eruleya Tru8t088 Blesslng Ololahor Efe Ololahor Samson Eruleya Bankors Bafclays Bank UK PIC 1 Churchlll Place London E145HP Indopendent Examlner E Davi5 & Co Limited Chartered Certified AGGountsnts Suilg 37a, The Link, 49 Effra Road. London, SW2 1 BZ
RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) DIRECTORS, AND TRUSTEES. REPORT Th8 dir8Ctors and trustee's present their report togèther with the accounts for the year ended 30 September 2024 PRINCIPAL ACTIVITY AND RESULTS FOR THE PERIOD Th8 charity is constituted as a company Ilmrt6d by guarantee and is therefore govemed by a memorandum 8nd articles of associab'on. The prin¢ip818Ctivities of th8 company during thè year were to advance the Christian faith. to relièf sickness and financial h8rdship through th8 provision of fund5, good8 and services including counselling in the United kn'ngdom and the rest of the world. Th8 trust88s rèport 8n$ures that the charity is publlcally accountable to its stakeholders for tho stewardship and management of the funds it holds on trust. Their report provides a fair and balanwl review of the charity's structure, objectives, legal purposes, financial posltion. Th8 trustees reports also reflects the financi81 performance. It provides rglevant information detailing how activities and achievements reported with th8 sourc85 of income used lo finance them and the 8xp8ndiluré incurred on those activitie8. The company Is a non-profit making organisalion and its oparations are funded mainly by donors and il's memb8r8 The results for the p8rlod are given in the attached accounts. The company doe$ not have a share capital. Tha liability of its membets is limiled by guarant88. Any surplus is retained to further its activities. DIRECTORS AND TRUSTEES The dlrèclots who served during the per4od and at the date of Ihis report are.. 818ssing Ototshor Efe Ototahor The truslees who served during the perlod and at the date of this report are.. Blessing Ototahor Efe Ototahor Samson Erut8ya All the dire¢tors are memb@rs of the company and guarantee to contribute a sum not 8xceeding £10.00 to the assels of the company in the event of it being wound up. as at 30 S8piembèr 2024, there were 3 members. METHOD OF APPOINTMENT OF DIRECTORS AND TRUSTEES Board members are generally nominated and Ihen elected at general meeting based on their background, experien¢e and relevanLY to the church ministries objectives. When a vacancy arises on the board and a skill is identified, nominees may then bg nominated to the board. Induction of new board members are conducted prior to them taknng up the appointment.
RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) DIRECTORS, AND TRUSTEES. REPORT {CONTD.) ACHIEVEMENTS RCCG Winnerfs Tabemale {Redeemed Christian Church of God) and irs work have continued to be supported by a growing range of donors, sponsors and friends for specific project activities. Our expenditure mainly comprises of vrfelfare, missions, rent for the place of worship, transport and travelling for instrumentalists on the day of service, safe guarding cost and feeding the homeless outreach. The trustees discussed and set up a Welfare fund which members contribute into for their benefrt in times of need. A lot of members were supported in times of bereavement, birth, marriage, financial hardships and in sicknesses. The fund is administered by an independent body within the Ministry called Welfare Executive who provide us with regular reports. In 2023, the Ministry embarked upon helping the sick, the needy and the disadvantaged in community evangelical mission. We also embark upon food bank as the cost of living crises meant some community families needed our support and we were there for them. With regards to the next stsge of the Charity, the plan is To develop the outreach programme through various advertising campaigns in the community by working with local authorities who can provide more information that enable us to be effective in the community. For example, youth programme. To develop prayer centres in various borough to meet the spiritual needs of people To work towards a more permanent place of worship (our own premises) . To broadcast the gospe5 worldwide, uslng every electronic device - TV, internet and printed materials with the aid of donors and sponsors. We are planning to put in place food bank to support the needy in our community.
SMALL COMPANY RULES This report has been prepared In accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies Sublt to the small companies regime RCCG NNER's TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) The RCCG Winnels Tabernacle has a policy of diversifylng the funding base. This is to ensure that the charity has adequate resources to carry out its goals. Financial checks and balances are in place to prevent and detect fraud and any other irregularities. The board of directors and trustees receive regular financial reports to enable them to monitor the charity's income and expenditure according to the charity commissioners rules. RESERVES POLICY The Charity Commission reserve policy is being applied in the most efficient manner. However the trustees are of the opinion that the level is adequate to sustain the charity's operation8. STATEMENT OF DIRECTOR'S AND TRUSTEES. RESPONSIBILITIES The trustees are required by law to prepare financlal statements for each financial year which give a true and fair view of the state of affalrs of the Charity and of its results for that year. In preparing those financial statements the trustees are required to.. select suitable accountlng pollGies and apply them consistently., b) make judgments and estimates that are reasonable and prudent., state whether the policies adopted are in accordance with applicable accounting standard8, subject to any material departures disclosed and explained in the financial statements., d) prepare the flnancl815tatements on a golng concern ba¥ls unle58 It Is inappropriate to assume that the charity will continue in operation; The trustee$ are responsible for keeping proper accounting records which 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 Companies Act 1985. 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. By the order of the board Samson Eruteya Socrotary
Indepandont axaminerf8 report to the tru8ts08 of RCCG WINNER'S TABERNACLE {REDEEMED CHRISTIAN CHURCH OF GOD for the year ended 30 Septombgr 2024 I report on the accounts of th8 company for the year ended 30 September 2024 which ar8 88t outon p8ges6to 11. Re8POCtlvo ro8pon•lbllltl&# of tru8ts08 and oxamlner The trustees (of which trdo are the directors of th6 company) ar6 responsible for the preparation of th6 accounts. The trustses consider that an audit is not required for the year und6r section 14412} of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that thè chartty is not subject to audit under company law and Is 8ligibl8 for independent examination, it is my responsibility to.. 8xamin8 tha accounts under Section 145 of th8 2011 Act to follow the procedur6s laid down in the general Directions given by the Charity Commission under section 14515llbl of the 2011 Acl and to state whether parti¢u18r matters have come to my attention Ba•1• of Indapond•nt examln•V• roport My èxamination was carried out In accordane8 with the general Directions given by the Charity Commission. An 8xamination inclL¢des a review of the accounting records kepi by the charity and 8 ¢omp8ri$on of the accounts pr8s8nl8d wth those records. It also includes consideration of any unusual items or disclosures in the accounts, and s88kSng expl8nalion$ frorn you as trustees concerning any such matters. The procedures undertaken do not provid8 all the evidence that would be required in an audit and consequently no opinion 18 given as to whethèr the accounts pr88ent a 'trLE and fair vievl and the r8POrt is limited to those matters s81 out in the slatem8nl below. Ind•pgndont oxarnlnorf8 •tat•m•nt In connection with my examinatlon, no matter has come to my attention.. 111 which glvas me ra8$onable cause to b81ieve that in any material respe, tho JBquirements', to keep accountlng records in acrdance with section 386 of the Companle8 Act 2008., and to prepare accounts which accord wlth the accounting records, comply wlth the accounting requirements of seclion 396 of th8 Companies Act 2006 and with the methods and principles of the Standard of Recommended Praclice.. Accounting and R8POrting by Charities have been met., or {2) to which, in my opinion, attention should be drawn in order to enabl8 a prop8r understanding of the accounts to be regched. Em anuo avis FCCA E Davis & Co. Limited ASSl9t10n of Chart8r8d C8rt1fl8d Accountants Suite 37a, The Link, 49 Effra Road London SW2 1BZ Dated. I 4,Jx)
RCCG WINNER'S TABERNACLE IREDEEMED CHRISTIAN CHURCH OF GOD) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 2024 Total 2023 Restricted Unrestricted Total Note INCOMING RESOURCES Voluntary income 25,877 25,877 19,359 HMRC Charities & Interest Rec. 5,141 5,141 3,494 31,017 31,017 22,853 RESOURCES EXPENDED Fund raising and publicity Charitable expenditure 21,305 21,305 11,963 Govemance 11,473 11,473 8,259 Total expenditure 32,778 32,778 20,222 NET INCOMING RESOURCES FOR THE YEAR (1,760) (1,760) 2,631 Balance brought foThvard 13,846 13,846 11,215 12,086 12,086 13,846
RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Not• TANGIBLE FIXED ASSETS 318 1,254 CURRENT ASSETS Bank and cash balances 12,548 13,372 CREDITORS: Amount8 falllng due wlthln one yoar 780 780 11,768 12,592 12,086 13,846 FUNDS: Restricted Unrestricted 12,086 13,846 12,086 13,846 The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that the member has not required the company to obtsin an audit in accordance with section 478 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the provision8 in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. Blessing Ototahor Director 17 02 2015 Approved by the board on
RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) NOTES TO THE ACCOUNTS- 30 SEPTEMBER 2024 1. ACCOUNTING POLICY These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Charities SORP. DEPRECIATION Depreciation of tangible fixed assets is provided on the straight line basis over the expected useful lives of the assets as follows- Furniture and Office Equipment 200A on cost Fixed assets financed by grants are written off to Statement of Financial Activities in line with the accounting policy of the related grant. RESOURCES EXPENDED Resources expended are recognised in the period in which they are incurred. Resources axpended include attributable VAT which cannot be recovered. Resources expended are allocated to the particular activity where the cost relates dir6CtIy to that activity. However, the cost of overall direction and administration of each 8Ctivity, comprising the Salary and overhead costs of the central function is apportioned on the following basi8 which are an estimate, b89ed on staff time, of the amount attributable to each activity. Governance Management and administration costs include the management of the charity's asset8, organisational management and complianc8 Wlth constitutional and statutory requirements. UNRESTRICTED FUNDS These are donations 8nd other incoming resources received or generated for the objects of the charity. 2. VOLUNTARY INCOME 2024 Total 2023 Total Restricted Unrg•trlctsd Offerings Deposit Fund HMRC Charities 25,877 25,877 19,359 5,029 5,029 3,433 30,905 30,905 22,792 3. INVESTMENTS INCOME Bank interest received 112 112 61
RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) NOTES TO THE ACCOUNTS- 30 SEPTEMBER 2024 2024 Total 2023 Total Restricted Unrestrlcted 4. RESOURCES EXPENDED Fund ralslng and publlclty Advertising Charitable expendlture Food Bank Programme Benevolent Gift & Donations Rent Volunteers & Musicians Expenses Sundry worship expenses 5,382 3,695 12,228 5,382 3,695 12,228 3,322 1,927 6,714 21,305 21,305 11,963 Govornance Transport & Other expenses Information, Publication & Advertisin£ Furniture & equipment Legal & Professional Missions & Outreach Church Safe Guarding Cost Church Programmes Bank ch8rges Accountancy and independent examination Depreciation Management & Administration Refreshment & Sundries 1,278 153 1,435 1,278 153 1,435 824 266 1,350 2,016 2,016 2,064 2,328 2,328 768 780 936 1,743 803 780 936 1,743 803 936 2,050 11,473 11,473 8,258
10 RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) NOTES TO THE ACCOUNTS- 30 SEPTEMBER 2024 5. TANGIBLE FIXED ASSETS Equipment COST As at 1 October 2023 Additions 4,678 As at 30 September 2024 4,678 DEPRECIATION Balance brought forward Charge for the period 3,424 936 Balance carried forward 4,360 NET BOOK VALUE AS at 30 September 2024 318 A8 at 30 S?ptombar 2023 1,254 2024 2023 6. CREDITORS: Amounts falllng due wlthln one year Accruals 780 780
11 RCCG WINNER'S TABERNACLE (REDEEMED CHRISTIAN CHURCH OF GOD) NOTES TO THE ACCOUNTS - 30 SEPTEMBER 2024 7. FUNDS 0111012023 Recelpts Payments 3010912024 RESTRICTED UNRESTRICTED 8. ANALYSIS OF FUND BALANCES Restricted Unrestricted Total 2024 318 12,548 780 2023 1,254 13,372 780 Tangible Fixed Assets Current Assets Creditors 318 12,548 780