2023-12-31-accounts - Redeemed Christian Church Of God The Chapel Norwich

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The Redeemed Christian Church of God THE CHAPEL NORWICH

Report and Financial Statements

Charity No.

Legal and administrative information

Trustees Jonathan Ogheneruemu Onyeme Mrs Jennifer Ann White Mr Godfred Asamoah

Principal office THE REDEEMED CHRISTIAN CHURCH OF GOD THE CHAPEL NORWICH

8 DOWSING COURT NORWICH NR7 0RW

Independent Examiner Tunji Ogedengbe 36 Daffodil Close Hatfield AL10 9FF

Report of the Trustees for the year ended 31[st] December 2023

It is with great pleasure that we present Financial Report for the year ended December 2023. The financial statement have been prepared in accordance with the accounting policies set out on page 9 and comply with the charity trust deed and the recommendations of the Statement of Recommended Practice, Accounting and Reporting by Charities and complies with the applicable law.

Objectives of the Charity, Principal activities and Organisation of our work.

The Chapel Norwich, is a parish of the The Redeemed Christian Church of God which has parishes all over the world. RCCG The Chapel Norwich was constituted as a charity in its own right and is therefore governed by the charities Act 1993.

We have laid out RCCG The Chapel Norwich Objectives under six themes:

To teach the sound word of God, leading to result oriented prayers.
To further the advancement of Christian faith and relief of poverty
To organize children and youth activities and educating them to promote unity in the course of developing deeper spiritual growth. .

To offer facilities to the community that promotes social inclusion.

To work in cooperation with other Christian organization and support events to achieve Christian aims and objectives.

Weekly visit to local care homes and nursing homes

Development, activities and achievements this year.

The trustees are happy to reveal that the Charity continue to achieve significant progress in the quality and number of people impacted through the Church. All church activities have returned to in person attendance and virtual. We have planted a new church in Norwich.

Future Developments

We hope to continue to build on our past achievements. The trustees and the Management team are sparing no effort on capacity building so that more people can continue to benefit from the work of the charity.

The trustees hope that more effort in the area of prayer must be made in the coming year to sustain the peace and prosperity of all people in our local and national communities.

We are proposing an exchange charity shop where members will bring used clothes and other household essentials.

We currently collaborate with Tesco for food supply on a weekly basis for the homeless in the community.

Financial results and future activities

Membership is increasing. Many working adults are now joining the Church. Also an encouraging prospect has been observed recently in the membership of the church and we are hoping this will continue into the future.

We look forward to 2024 with great prospect and we can consider the present level of funding as adequate to support the continuation of the church objectives.

Risk Management.

The trustees actively review the major risks which the charity faces on a regular basis. The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

Trustees’ responsibilities in relation to the financial statement.

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently; Make judgments and estimates that are reasonable and prudent; State whether applicable Accounting Standards and Statements of Recommended Practices have been followed subjects to any departure disclosed and explained in the financial statements; and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

Volunteers.

Many volunteers give up their time to help at the church, particularly at weekends and in the evenings. We are greatly indebted to these volunteers for their commitment and support.

Approved by the trustees and signed on their behalf by:

Jonathan Ogheneruemu Onyeme

Board of trustees

29 October 2024

Charity No 1164215 Company number 8525271

Redeemed Christian Church of God The Chapel Dussindale Norwich

1st Jan 2023 - 31st Dec 2023

Prepared by DTT Consultancy Ltd

RCCG	The Chapel Dussindale Norwich	The Chapel Dussindale Norwich	The Chapel Dussindale Norwich	The Chapel Dussindale Norwich	Charity No	1164215
	Annualaccountsforthe period
	Period start date	1st Jan 2023	To	Period end date	31st Dec 2023

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 resources expended* *Total incoming resources* *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		Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03			Total this year Total last year £ £ F04 F05
		-	-	-	-	-
		133,476	-	-	133,476	87,544
		-	-	-	-	-
			-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		133,476	-	-	133,476	87,544

		-	-	-	-	-
		84,499	-	-	84,499	98,352
		-	-	-	-	-
		-	-	-	-	-
		11,824	-	-	11,824	7,690
		-	-	-	-	-
		-	-	-	-	-
		96,323	-	-	96,323	106,042
		37,153	-	-	37,153	18,498 -
		-	-	-	-	-
		37,153	-	-	37,153	18,498 -

		-	-	-	-	-
		1,415	-	-	1,415	-
		38,568	-	-	38,568	18,498 -
		222,957	-	-	222,957	241,455
		261,525	-	-	261,525	222,957

Page 1

Section B Balance sheet as at 31st December 2023

Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04
364,519	-	-	364,519	345,332
-	-	-	-	-
-	-	-	-	-
364,519	-	-	364,519	345,332

-	-	-	-	-
12,648	-	-	12,648	10,710
-	-	-	-	-
13,685	-	-	13,685	2,657
26,333	-	-	26,333	13,367

300	-	-	300	300

26,033	-	-	26,033	13,067

390,553	-	-	390,553	358,399

129,028	-	-	129,028	135,443
-	-	-	-	-

261,525	-	-	261,525	222,957

261,525			261,525	222,957
			-	-
	-		-	-
		-	-	-

261,525	-	-	261,525	222,957

Date of approval Print Name Signature
		Dr Jonathan Ogheneruemu Onyeme		29/10/2024

Page 2

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.

-Tick as appropriate:
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
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)”.

** - 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 (§ except for the following).

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (§§ except for the following).

§§ if no changes have been made to accounts for previous periods then delete these words.

Page 3

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 donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
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 grants
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 losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	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 use	These are capitalised if they can be used for more than one year, and cost at least £500. They
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 progress	These are valued at the lower of cost or market value.

Page 4

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.

Analysis	This year Last year £ £	This year Last year £ £
Tithes & offering	111,119	59,786
Buildingincome	22,358	22,692
Gift aid	-	5,067
	-	-
	-	-

Total	133,476	87,544

Rental Income
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

Page 5

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.

This year Last year £ £ Analysis	This year Last year £ £ Analysis	This year Last year £ £ Analysis
Rent	-	838
Hospitality &Refreshment	12,544	4,090
Pastor's Stipend	8,607	-
Telephone Expenses	933	850
Repairs,maintenance & cleaning	3,181	3,334
Postage,stationery,&prinitng	3,540	451
Office Expenses	451	676
Fuel, petrol & diesel	-	440
Equipment	3,003	23,452
Transport & Hotel Accomodation	893	4,683
Thanksgiving	50	3,570
ConsultancyFees	814	2,292
Church decoration	7,723	1,554
Depreciation	6,396	-
Conference	2,067	770
Insurance	2,170	4,608
Children Dept	445	323
Honourarium	5,800	1,300
Utilities	4,509	1,367
Other Expenses	119	60
Professional fees	150	7,851
Training	768	-
Multi media	1,455	546
Music	1,272	529
Motor Expense	303	1,172
Books and Materials	202	152
Building	17,104	33,446
Total	84,499	98,352

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
Total	-	-

WEM	5,663	-
CentralOffice	836	640
Donations	1,112	1,177
Area	300	-
Welfare	1,569	-
AfricaMission	1,555	-
Festival of Life	600	600
Outreach	190	5,272
Total	11,824	7,690

Legal,Accounting & Consultancyfees
Depreciation
Total	-	-

Page 6

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).

	This year	Last year
	£	£
Independent examiner’s or auditors' fees for reporting on the
accounts	300	300
Other fees (for example: advice, consultancy, accountancy
services) paid to the independent examiner or auditor

Page 7

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

Freehold land & buildings £	Fixtures, fittings and equipment £	Musical equipment £	Other land & buildings £	Payments on account and assets under construction £	Total £
300,000	8,546	-	66,109	-	374,655
-	13,103	12,480	-	-	25,583
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
300,000	21,649	12,480	66,109	-	400,238
-	8,546	-	20,777	-	29,323
-	3,276	3,120	-	-	6,396
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	11,822	3,120	20,777	-	35,719

300,000	-	-	45,332	-	345,332
300,000	9,828	9,360	45,332	-	364,519

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

Page 8

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

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 £
12,648	10,710	-	-
-	-	-	-
-	-	-	-
-	-	-	-
12,648	10,710	-	-
Amounts falling due within oneyear		Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
		100,275	86,689
-	-	-	-
-	-	-	-
300	300	28,753	48,753
-	-	-	-
300	300	129,028	135,442

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.

Page 9

Section A

Independent examiner's report on the accounts

Independent Examiner’s Report

Report to the trustees/ Charity Name members of Redeemed Christian Church of God – The Chapel Norwich

On accounts for the year 31[st] December 2023 Charity no 1164215 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:

examine the accounts under section 145 of the Charities Act,
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
to state whether particular matters have come to my attention.

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.

Independent In connection with my examination, no matter has come to my attention examiner's statement (other than that disclosed below *)

which gives me reasonable cause to believe that in, any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.

Signed: Name:	*Ogedengbe*
	Tunji Ogedengbe

IER

Give here brief details of any items that the examiner wishes to disclose .

IER