THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS SANCTUARY NORTHAMPTON FINANCIAL STATEMENTS AND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 CHARITY NUMBER 1167091 CHARrrY NO 1167091 THE REDEEMED CHRisfiAN CHURCH OF GOD JESUS SANCTUARY NORTHAMFfoN Fm¥ANCIAL STATEMETrTrS AND TRusfEFS REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 INDEX Contents Pag¢ Legal and Administrative inforniation Report of the Trustees 4-5 Independent Examinerfs R¢p)rt Statement of Financial Activities Balance Sheet Notes fonning part of the financial statements 9-10 CHARrrY NO 11671YJI THE I(EDEEMED CItRisfiAP4 CHURCH OTr COD JFSUS SANcfuARV NORTHAMPTON FENANCIAL STATEMENTS AP4D TRUSTELS REPORT FOR THE YEAR ENDED 3J DECEMBER 21)21 LEGAL AND ADMtNISIRATION INFORMATION Status: Charity Registerd on the 16 MaTch 2016 The charity is governed by declaratton made on the 7 July 2014 Trustees: The trustees serving during the year and since the year ended were &8 follows: Feyisara Akinwumi Modupe Orimogunje Emmanuel Olaoye Akin Akintola Chureh address: Unit 301 & 302 K2 Flouse, Kingsheath Industrial E$tst4 H¢athfi¢ld Way Northampton NN5 7QP Bankers HSBC Bank Milton Kcyncs Independent Examiner Nathan Gra¢e Ltd 6 Homestead Lane Buckingham MK18 2RU CHARTfY pio 1167091 THE REDEEMED CHRisfiA]¥ CHURCH OF GOD￿SUs SANcfuARY P40RTHAllqVfOPI FINANCIAL STATE.MENTS AND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER2021 TRUSTEES REPORT The charity is governed and reg1steT￿l with the Cknty Commits1￿ under the ch&ity number 1167091 Objectives of the ChArity: The advancement of Chrtstian FaitF4 em￿Wern1enI of members and involvanent in local c(bmmunities as sel out in the Charity's Article and Sch￿Ule. in &COrd￿ wtth the gUIda￿e Iss￿1 by the Chrity C(mmission for promotÈng the objects. Achievements and Perfornianee The organization meets regularly for the promotion of the spirituaI aThJ physical wellking of Mem1￿ and the local communities. We Engage in miss70Th￿ diredly and i￿lirectlY through ￿lIa￿xy￿1]￿￿ with14xal and intcmaiional charities for the alleviatiOTt of rM)verty. The Ch￿lty is ￿]velY involval in the activities of Churckns I"ogether in Northampton as well as with the Compassion UK through the stM)n8or5hip of 2 children. In a(klIti0￿ the Charity collabora￿S with other Charities. particularly other Church&s wÉihin RCCG in t￿ Area and across the Country. Th¢ Charity also suppotLs Youth emwwennent through rasida￿l41 and n(m-residential training 8nd Provides P&storal care and welfarc SUPFX)rt for them. Thc Charity provid￿ c(whing. discipleship and mentoring opporttmities to the Youth as they transit into &lultho(Ml. The Children Department of the Charity provides opwrtunities for children and the Yuuth opportunities to expTt55 tkir G(M¥given tslert& gifting4 skills 8nd faith through nurturin& SUPPKSrtin coaching and supervision. The 2021 freshers, seminar for intcnding undergraduate students was organized in August 2021 with various guest speakers on v8ri04L8 topics &$ Finance and lthgetin& MentsTr healt￿ Time manwen¢ etc. In addition, recognizing the imwrtance of stable homes in society, the Church undertakes regular marriage seminarlmeetings for m¢mb¢rs as w¢ll 8$ W￿rt￿Ing whole family activilie5 within and outside of the regular meeting place. The belief of the Charity in lmwrt8r￿e of stsble families orxl homes as the bthk of the Church and $￿iety infomis the imN)rtsnce that it plaets on holi5ti¢ atsnosphcre for families to flourish aThl pr(ts￿ spiritually. physically, socially. and emotionally. The Church moved back to physical gat1￿1￿8 afttt the liftirE of the Covid-19 rutri12iLW on physical gatherings. The Church now meet physically for Sunday seryices and virtually for all midweek 5ervic&xtivities. Govern*mce aDd IntsrHal Control The Trustees have the genernl oversight adivities of the Charity thr￿￿h the setting ￿ of strategic directions for the Charity and meet statuthly twice a year to Teview and set diTf¢tions f(r th¢ Clwity. While t￿ daY-t(￿Y nmning of the Charity is undertaken by the Pwish Pa￿or. th¢ trw8te￿ are consulted as at and when WUAre FinAnci*l Aetivities *Ad liejults The net incoming resour￿ for the year 8mounted to £30.019 Reserve Poli￿. It is the Frf)licy of the charity to matntsin unre￿￿ which we resem of the charity. This provides suffi¢i¢nt fund5 lo cover any emerge￿ wenditure that may arlse fr(￿ lime io time. CHARrrY No 1167091 THE REDEEItED CFtRISTt.4N CItLIiCH OF GOD JESL'S S.&YCTUARY NORTHAMFfoN FIN.4NCI.4L ST.4TEIIENTS.¥NI) TRI"STEES REPORT FOR THE I"E.4R ENDED 31 DECEMBER 2021 Risk ManagemeDI The charity has assessed all the major risks io which the charity is expowj to, in rArtieul8T. those related to operation and finances of the charity and are satisfied that syslems are in place to mitigate expK)sure to major risks. Trustee Responsibilities The Charity Act 2005 requires the tn￿tee$ to prepare a statement of accounts for each accounting lear ￿"hICh gives & Irue and fair view of the stste of the church. They are required to. Select suitsble accounting wlicies a]yJ apply them cfflsistently. Make judgements and ¢slima¢¢s thal are rusonable and prudent. Stsie whether the applicable accounting sthndards have teen followeA. Prepore financial Sta￿ments on the going concern basis. They are responsible for keeping proFKr records which disclose with reasonable accuracy of the firwjces oi the -hurch at any time and lo ensure that s￿h accounts comply with the Charities Act 1993. They also hai'e resFortsibiliTh io safeguard the as5els of the church and io tsk¢ rewnable step5 to deted fraud or othcr irregulartties. Approved by the Trustees on 01 Seplember 2022 and SI￿ on their iEhaif by Modupe Orimogurtje CHARrfY NO 1167091 IHE REDEEMED CHR]STIAN CHURCH OFCOD JLSUS SANCFUARY NORTHAMPTON Fif4ANCIAL STATEMEPUS AND TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 21121 INDEPENDENf EXAMtNER'S REPORT I, Olufenli OyeturKk report on thc accounts of the c1￿}ty for the year eThled 31st tkcemtrr 2021 set out on the following pages which have been prepared b&8ed on acc¢)unting wlicies shown in the c0fftspl￿di￿g pag&8. Th¢ tn]stees of the Charity are restKrtsible for the pre￿IOn of accounts. Try consider that the a￿lt rquirement under sc¢tion 43 (2) of the Charities Act 1993 does not apply. It is my reskKR)sibility to.. Examine the accounts under section 43 (2) of the 1993 ACL Follow the pr(thlures laid doY4n guthl di￿￿1￿ by d% Cknty C(xnTnis5i(x%rs m&le ￿￿er seclion 43 (7) (b) of the 1993 ACL Stats whether particular mattets have come to my atieniion. B8yls of Illdependtnt Ex*mlJerfs rep)rt My examination wa5 c￿rIed in acc