2023-07-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

RCCG SURE FOUNDATION ASSEMBLY

CHARITY REGISTRATION NUMBER: 1167527

Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD

1

RCCG SURE FOUNDATION ASSEMBLY

INDEX Index Legal & Administrative Trustee’s Report Independent Examiner’s Report Receipts and Payments Account Statement of Assets and Liabilities Notes on the Financial Statements	Page 2 3 4-6 7 8 9 10

2

RCCG SURE FOUNDATION ASSEMBLY

LEGAL AND ADMINSTRATIVE INFORMATION CHARITY NUMBER 1167527 END OF FINANCIAL YEAR 31 JULY 2023 TRUSTEES AT 31 JULY MR MOSIAH ABIODUN REV OLUMIDE OSUNDINA

GOVERNING DOCUMENT CHARITABLE INCORPORATED ORGANISATION

REGISTERED ADDRESS 24 DAMIGOS ROAD GRAVESEND UNITED KINGDOM DA12 2LR PRIMARY BANKERS NATWEST BANK PLC INDEPENDENT EXAMINERS GIFT AID SERVICES LTD 63 WANSFORD ROAD WOODFORD GREEN ESSEX IG8 7AD

3

RCCG SURE FOUNDATION ASSEMBLY

TRUSTEES REPORT FOR YEAR ENDED 31 JULY 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

RCCG SURE FOUNDATION ASSEMBLY is charity created by Charitable Incorporated Organisation and is a registered charity with the Charity Commission.

The objectives are

) TO ADVANCE THE CHRISTIAN FAITH IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT;

2) THE PREVENTION OR RELIEF OF POVERTY BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY

The following is an account of the activities, events and general progress of RCCG SURE FOUNDATION ASSEMBLY.

The Ministry continues to establish and develop which is, at present is its primary activity.

GENERAL INFORMATION

The Charity continues to meet.

SUPPORT TO OTHER CHARITABLE ORGANISATIONS

RCCG SURE FOUNDATION ASSEMBLY is committed to supporting agencies and projects which carry out valuable and essential services by way of donations to charities suggested by the membership.

TRUSTEE MEETING

The trustees held meetings during which the progress of the Congregation was discussed and plans to increase the church numbers of activities in the Community was also discussed.

CONCLUSION

The commitment of the members to the vision of RCCG SURE FOUNDATION ASSEMBLY has allowed us to maintain a vibrant and healthy environment for spiritual and natural growth. We are proud of this growth and we thank God for it.

4

RCCG SURE FOUNDATION ASSEMBLY

Conclusion

The members of RCCG SURE FOUNDATION ASSEMBLY are committed to the vision of the Church. The commitment and dedication of the members has created such enabling environment in community, and therefore given us more opportunities to socialize for better growth.

Financial Review and Reserves Policy

The income of the charity for the year 2023 was £82,023 by way of Donations. The cost of charitable activities was £64,275 . This was spent directly and indirectly to support the charities activities. At the end of the year there was a favorable net movement of funds amounting to £17,748. At the end of the year, 31 July 2023, there was an unrestricted fund balance amounted to £60,710 . The charity’s policy is to retain reserves, in the form of unrestricted funds, to a level where they equate in value approximately 12 months expenditure. This should provide a reasonably secure financial base on which to plan future projects and commit to related expenditure, before external funding has been fully secured. The charity is reviewing its reserves policy so that the charity would be able to continue its current level of activities in the event of a significant drop in funding.

5

RCCG SURE FOUNDATION ASSEMBLY

Charity Examiners

It was agreed to appoint Olivia Gerrar as the Independent Examiner.

19/06/2024 Approved: By the Trustees…………………………... Dated …………………………

STATEMENT OF TRUSTEES RESPONSIBLITIES

Under the Charities Act 1993, the trustees are required to prepare a statement of accounts for the accounting year which gives a true and fair view of the state of the church. They are required to

1. select suitable accounting policies and apply them consistently.

2. make judgments and estimates that are reasonable and prudent.

3. state whether the applicable accounting standards have been followed.

4. prepare financial statements on an ongoing basis

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the charity at any time and to ensure that such accounts comply with the charities Act 1993. They also have a responsibility to safeguard the assets of the church and take reasonable steps to detect fraud or other irregularities.

19/06/2024

Approved by the Trustees on …………………………… June 2024 and

Signed on their behalf by:………………………………………………, Trustee.

6

RCCG SURE FOUNDATION ASSEMBLY

INDEPENDENT EXAMINER REPORT TO THE TRUSTEES OF RCCG SURE FOUNDATION ASSEMBLY

I report on the accounts of the Charity for the year ended 31 July 2023, which are set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 43(2) of the Charities Act 1993 (the 1993 Act)), does not apply. It is my responsibility to:

Examine the accounts under section 43(3) of the 1993 Act.

Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act, and

State whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINERS REPORT

My examination was carried out in accordance with the General Direction given by the Charity Commissioner’s. An examination included a review of the accounting records kept. It also includes consideration of any unusual items of disclosures in the accounts. And seeking examinations from you as trustees concerning any matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and as a result I do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In accordance with my examination, no matter has come to my attention:

1. which gives me a reasonable cause to believe that in any material respect the requirements:

2. to keep accounting record in accordance with section 41 of the 1993 Act and

3. to prepare which accord with the accounting records and to comply with the accounting requirements of the 1993 Act.

4. Have not been met

5. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD

7

RCCG SURE FOUNDATION ASSEMBLY

ACCOUNTS FOR THE YEAR ENDED 31 JULY 2023	ACCOUNTS FOR THE YEAR ENDED 31 JULY 2023
Receipts & Payments Account (General	Purpose Fund)
Income Receipts	£
Tithes & Offering	82,023
Loans & Other	-
Fundraising	-
Total Receipts	82,023
Direct Charitable Expenditure	£
Church Van & Running Cost	2,919
Rent	4,318
Catering & Refreshment	10,694
Support Cost	13,607
Welfare	9,897
Equipment	6,811
Missions	8,794
Stationery	1,764
Professional Fees	5,437
Total Payments	64,275
Net Receipts/Payments for the year	17,748
Cash Funds brought forward	42,962
Cash Funds at the end of the year	60,710

8

RCCG SURE FOUNDATION ASSEMBLY

1. Statements of Assets and Liabilities at 31 July 2023

Cash Funds Unrestricted Funds 2023 £ Bank 60,710 Total Cash Funds 60,710 Assets Retained for the Charity’s Own Use Equipment - Liabilities Accounting fee 350 Approved by the Trustees and signed on their behalf

9

RCCG SURE FOUNDATION ASSEMBLY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payment basis under section 42(3) of the Charities Act 1993.

Funds

Unrestricted funds are those which can be used at the Trustee’s discretion. Restricted Funds are those whose purposes have been restricted by the donor.

Employees

The charity had no employees during the financial year. All work was undertaken by volunteers.

Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purpose or aims that are for the public benefit. Details of how this is achieved is provided in the trustee’s report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

10