## THE REDEEMED CHRISTIAN CHURCH OF GOD
## **HOUSE OF JOY FOR ALL NATIONS**
## **THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF JOY FOR ALL NATIONS**
**TRUSTEE’S ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024**
1
**HOUSE OF JOY FOR ALL NATIONS**
## THE REDEEMED CHRISTIAN CHURCH OF GOD
||Page|
|---|---|
|Corporate Information|3|
|Board of Trustee’s Report|4|
|Independent Examiner’s Report|12|
|Statement of Financial Activities|13|
|Statement of Financial Position|14|
|Accounting Policies|15|
|Notes|16|
2
**Corporate Information**
|**Registered Charity Number:**|1169669|
|---|---|
|**Company Registration Number:**|10016245|
|**Principal Office:**|7 Newgale Gardens|
||Edgware, Harrow, Middlesex,|
||HA8 6JF|
|**Board of Trustees:**|Mr Olayemi Sobowale (Chairman)|
||Mr Joseph Oluwatosin|
||Mrs Olusola Aina (Secretary/Treasurer)|
||Pastor Patrick Tolani|
|**Bankers:**|Lloyds Bank|
3
## **Board of Trustee’s Report**
## **1.0 Introduction**
The trustees submit their annual report and the financial statements of The Redeemed Christian Church of God House of Joy for all Nations (HOJFAN) for the year ending 31 March 2024. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
## **1.1 Public Benefit Statement**
The Trustees confirm that they have complied with the duty in section 4 of the Charites Act 2011 to have due regard to the Charity Commission’s guidance on public benefit "Charites and Public Benefit".
## **1.2 Structure, Governance and Management**
## **Status**
The charity was constituted under a trust deed dated 19th February 2016 and is registered in England and Wales with charity number 1169669.
## **Appointment or Election of Trustees**
Trustees are appointed and or co-opted under the terms of the trust deed.
## **Policies Adopted for the Induction and Training of New Trustee's**
The induction process for a newly appointed trustee comprises an initial meeting with the Chair and other trustees, followed by short meetings with the Parish pastor on the powers and responsibilities of the trustees.
## **Organisational Structure and Decision Making**
The charity is organised so that the trustees meet regularly to manage its affairs. The Parish pastor manages the day-to-day administration of the church.
## **Related Party Relationships**
HOJFAN is a parish of The Redeemed Christian Church of God which has parishes all over the world. The parish's relationship with other parishes is governed by an 'Agreement for Common Purposes'.
4
## **Board of Trustee’s Report**
## **1.3 Objectives and Activities**
The principal object is the advancement of Christian faith worldwide and the relief of poverty. To promote any charitable activity for the benefit of the local people. To achieve its objectives, the church adopted the following strategies:
- Running seminars in the church with proven ministers of the faith to guide Members in the various aspect of Christian faith,
- Support for other charities and Christian events,
- Involving in economic and community development
This current financial year, HOJFAN continues to play a vital role in the Borough of Harrow, representing the Christian Faith and delivering high quality teachings and services in the advancement of the Christian Faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust Deed.
In the financial year under review, we have witnessed an improvement in the performance of the legitimate activities of the Church, unlike the previous period when many of the activities could not hold as desired due to Covid 19. The Church returns to all the events set out to deliver to the community unhindered.
The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit, and they confirm that Hojfan has provided public benefit to the extent permitted by available space. Hojfan used the avenues listed below to benefit the public as much as possible.:
- We have replaced our former free exercise classes for ladies with another exercise session called exercise and worship. It is a thirty-minute physical exercise which includes aerobic and workout sessions. It is held on the 2nd Sunday of every month between 10:00 a.m. and 10:30 a.m. in the school hall we rent. Every exercise session aims to combat obesity, improve heart health, and encourage a lifestyle of physical exercise whilst strengthening family bonds. It is open to the public, and people of all ages can participate _._
- Promoting the whole mission of the church through activities for senior citizens, parents and toddlers and other special needs groups.
- Wisdom Club for children and teens. We now run a Saturday club for children from ages 5-17 every third Saturday of the month from 10:00 a.m. to 2:00 p.m. The club aims to support children with non-academic subjects like public speaking, conflict resolution, hygiene, leadership skills, handling difficult life situations, social etiquette and more. The session is open to the public. This club also provide respite for parents as their children are looked after while they can have time to relax, thereby reducing stress _._
- Supporting other charities in the UK through fundraising and regular donations. No fundraising activities during the year under review due to the impact of Covid 19 and the loss of our administrative office _._
- Supporting the local Harrow Food Bank through monthly donations to help families in food crisis.
5
## **Board of Trustee’s Report**
_The assistance is ongoing and has been for many years._
- Conducting pastoral work including visiting the sick, the bereaved and helping anyone in crisis by providing possible solutions or signposting people to sources of help.
- Teaching Christian faith through sermons, courses, and small group discussions. Our services are by hybrid approach, but we have more on-site meetings now than before _._
- Providing regular public Christian worship open to all. Our Hybrid services make it easier for all who would like to connect with a Christian service to do so on-site or at their homes _._ Despite the constraints of worship space, we continue to do as much and even more except for Providing free Money management training to support people in financial crisis. We aim to rerun this programme as soon as possible _._
-
- Community outreach:
- During the year under review, we did not run the Christmas Cheer. Christmas Cheer is one of the major events organised throughout the week before Christmas when we give out free teas, coffees and other refreshments like biscuits, shortbread, Christmas pie, and the like to commuters at various underground stations across the Northwest of the UK. Through this, we have helped to raise thousands of pounds for the Shooting Star Hospices. Shooting Star is a charity that looks after children with life-limiting or end-of-life diseases.
- Chaplaincy services for the elderly could not hold.
- Volunteered at Christmas Lunch for those alone at home on Christmas Day could not hold.
## **1.4 Achievements and Performance**
The church has been engaged in various activities detailed below in pursuance of our charity objectives and public benefit:
## **– April July 2023**
All the previous activities that would typically be held, such as Retreat, Ministers' Conference and meetings, were held during the year under review.
## **Ordained Minister’s Conference:**
Ordained Minister's Conference held in Birmingham, and we participated as expected.
## **All Pastors in the province / Zonal conference & meetings:**
All pastors meet within the Area to share ideas, network with one another, and encourage and share a vision of moving the work of the Province and Zone forward. Held virtually and in person.
## **Annual Good Friday Walk of Witness:**
As members of the Churches Together in Wealdstone (CTW), we were part of the Churches Together Good Friday walk of witness. All the different denominations in Wealdstone marched together as a witness to the death and resurrection of Jesus Christ.
6
**Board of Trustee’s Report**
## **Annual Father’s Day celebration:**
It is a time to celebrate all men – especially fathers. The Church appreciated fathers for their fatherly role in society. Men are honoured and thanked for their tremendous positive influence on their family, the church community and society. Held normally successfully.
**House of Joy Women of substance conference** : a time for women to network and share ideas. It was a time when information on how to live healthy physically, emotionally, and spiritually whilst carrying out our roles as women, wives, mothers, careers, support for our local churches and other charity work. It was a time to learn how to navigate our various roles and do all these successfully without burning out. Women continue to meet online every month to discuss issues that affect us.
## **Festival of Life:**
It is an annual event that aims to bring together people from across the country with the hope of bringing about spiritual awakening in our churches and communities through prayer, music, drama, and teaching from leaders in the Christian faith with our General Overseer Pastor EA Adeboye ministering to advance the Christian faith.
## **HOJFAN Annual General Meeting:**
The AGM holds annually where church members get to know the income and expenditure of the Church. They are celebrated and appreciated for their financial and physical contributions to the vision. Heads of Departments provide information on various aspects of the church work, and volunteering is encouraged. Church Leaders also used to update members on the progress achieved during the period under review.
## **August – November 2023**
RCCG Annual Convention held as usual. The convention is a programme for all members of RCCG globally to gather for spiritual upliftment and bonding.
## **Annual Men’s Retreat.**
The Men of Destiny of the Parish had their annual Retreat at the end of September. It is usually a 3-day away weekend meeting where the men gather to fellowship and discuss issues that are beneficial to the men. Activities like swimming, playing games and bonding in a very relaxed atmosphere.
## **2023 Men’s Conference.**
The parish men held a conference with the Theme: The Real Man on November 18, 2023. A guest speaker was invited and was equally open to the public. It was a platform where men gathered to discuss the qualities men should possess to fulfil their God-given roles in society.
7
**Board of Trustee’s Report**
## **December 2023**
## **Annual Christmas Activities:**
Christmas Cheer: The Church supported this annual programme, a form of community outreach designed to bring joy, hope and encouragement to commuters as they made their way to work in the spirit of Christmas. Christmas Cheer did not hold as we were still gradually recovering from the restrictions of the Covid-19 pandemic.
## **January - March 2024**
Shout for Joy is a praise and worship session where we come to give glory to God. It is a time of great joy and pure praise. As we praise, people receive their healing emotionally and physically, and we all go home rejoicing.
## **Annual Mother’s Day celebrations:**
it is a time to appreciate and celebrate all the women especially mothers. We showed our love for them and thanked them for the various roles they play in their families and society. We thanked them for being pillars in the church and their tremendous contributions to the welfare of all. We pray that Lord blesses all our mothers and keep them more robust _._
## **Training and Development:**
A vital part of the Church's vocation is spreading the Good News of hope to many and equipping ministers and teachers of the Gospel of Jesus Christ. To this extent, the Church continues to maintain and improve the quality of her teachings and has also sponsored many people for external training to develop and enhance their talents and skills.
These have contributed immensely to the spiritual growth of many positive changes in the Church, at home, school and in the community.
The Church initiated A couple of classes to cater to youths and young adults during the period under review. We have the Single Christian Connect, an online programme platform for our young people to interact and connect. The group discuss A wide range of issues based on Christian ethos —discussions on courtship, marriage, finance, career,
Explore & Connect is a program where different groups unite to share their faith and beliefs freely.
## **Regular Activities**
## **Monthly Activities throughout the year**
- Separate regular monthly prayer meetings for the men and women groups were held throughout the year. This event helps to deepen interpersonal relationships, and to foster harmony leading to better working relationships amongst these groups.
- Continuous teaching on baptism, Sunday school and workers in training help to establish worshippers in the faith and to better their relationship with God.
- Regular evangelism events to propagate the gospel.
8
**Board of Trustee’s Report**
## **Monthly Prayer Vigils**
The Church holds monthly prayer vigils for believers' spiritual health and well-being. Leaders teach People of all ages the act of praying. The programme gives people opportunities for pulpit ministry and learn how to live a practical Christian life that demonstrates the power of the Holy Ghost. Area vigil held monthly by hybrid _._
## **1.5 Grant Making Policy**
The church supports visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other RCCG Programmes. The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who are in need.
## **1.6 Risk Management**
The trustees have assessed the major risks to which the charity is exposed, those related to operations and finances of the charity and are satisfied the systems are in place to mitigate our exposures to the major risks.
## **1.7 Financial Review**
The church continues to enjoy tremendous growth in its physical and spiritual life during the year, and in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust deed. This is believed would further aid the ability of the charity to fulfil her charitable objects and benefits the community.
Funding has been provided mainly through tithes and offerings by church members and through gift aid. During the year donations were made towards the church building fund. The donations were treated as designated fund and had been spent towards the project for which it was donated.
During the year to 31 March 2024, the church had total income of £107,770. At the year end, the level of reserves available for the charity’s use (i.e. unrestricted funds and not represented by fixed assets) was £227,864. Total operating charitable expenditure was 74,251 giving an operating surplus of £33,519.
The Charity’s principal funding sources are the individuals who attend the church services and partner with the ministry via monthly donations.
9
## **Board of Trustee’s Report**
## **1.8 Investment & Reserve Policy**
The trustees have decided that at present, funds should be retained in banks and building societies, and as far as possible in interest bearing accounts.
The trustees' policy is to have unrestricted and uncommitted funds (cash free reserves) of £22, 500 — £45,000 to cover 3 to 6 months of resources expended. They feel that this would enable the current activities to continue if there is a significant drop in funding. It would obviously be necessary to then consider how the funding would be replaced or activities changed. The present cash free reserve of £22,500 is within the policy range.
## **1.9 Volunteers**
The church is grateful for the unstinting efforts of its volunteers who are involved in providing services for the charity. It is estimated that over 3360 hours are provided by volunteers during the year. If this is conservatively valued at £10.44 per hour, the volunteer's effort will amount to over £35,000.
## **2.0 Future Outlook**
Our future plans include:
- Working with people in prisons
- Working with the local police to tackle drugs and gang culture amongst the youth.
- Provide a day centre for the elderly in our community where they will be able to meet and socialise with local elderly people and make new friends.
- Provide free adult education to older BME (Black and Minority Ethnics) who cannot read or write.
- Provide bereavement counselling services for members of the community dealing with the loss.
10
## **Board of Trustee’s Report**
## **Trustees’ Responsibilities**
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
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 charity and of the net income or expenditure of the charity for the year. In preparing these 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 have been followed, subject to any material departures 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.
The trustees are responsible for keeping proper accounting records that 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 Charities Act 2011. 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.
The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.
This report was approved by the Board of Trustees on 12 January 2025 and signed on their behalf by:
**Full Name:** Mr Olayemi Sobowale
## **Signature:**
**Position:** Chairman
**Date:** 12 January 2025
11
## **Independent Examiner’s Report**
**Report to the trustees/members of:** The Redeemed Christian Church of God, House of Joy for All
Nations **On accounts for the year ended:** 31st March 2024 **Charity No:** 1169669
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year 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 examiner’s statement**
My examination was carried out in accordance with general Directions given 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 examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which give 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;
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Signed: Date:** 12 January 2025
**Name:** Tobi Labeodan, for and on behalf Chedders Ltd
## **Relevant professional qualification(s) or body (if any): ACCA**
**Address:** Ground Floor, Synium House, r/o 94-96 High Street, Henley in Arden B95 5FY
12
## **Statement of Financial Activities: Year Ended 31st March 2024**
|**Notes**
**Income:**
Donations and legacies
**1**
Other income (Grants)
**1**
**Total Income**
**Total Income**
**Expenditures on:**
Charitable Activities
**2**
Other Charitable Activities
**2**
Other Costs
**2**
**Total Expenditures**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised gains/(losses):**
Gains/(losses) on revaluation of fixed assets
Gains/(losses) on investment assets
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward at 1 January 2023
Total funds carried forward at 31 December 2023|**2024**
**2024**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
97,506
97,506
10,264
-
10,264
**107,770**
**-**
**107,770**
**107,770**
**-**
**107,770**
53,514
-
53,514
17,003
-
17,003
3,734
-
3,734
**74,251**
**-**
**74,251**
**33,519**
**-**
**33,519**
-
-
**33,519**
**-**
**33,519**
230,165
-
230,165
**263,685**
**263,685**|**2023**
**2023**
**2023**|
|---|---|---|
|||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**|
|||**£**
**£**
**£**|
|||83,970
-
83,970|
|||8,530
-
8,530|
|||**92,500**
**-**
**92,500**|
||||
|||**92,500**
**-**
**92,500**|
||||
||||
|||59,062
-
59,062|
|||12,233
-
12,233|
|||2,048
-
2,048|
|||**73,343**
**-**
**73,343**|
||||
|||**19,156**
**-**
**19,156**|
||||
||||
||||
||||
|||-|
|||-|
|||**19,156**
**-**
**19,156**|
||||
|||211,009
-
211,009|
||||
|||**230,165**
**230,165**|
13
## **Statement of Financial Position: Year Ended 31st March 2024**
|**Notes**
**Fixed Asset**
Tangible assets
**3**
**Total Fixed Asset**
**Current Assets**
Loans & Advances
Accrued Income
Cash at bank and in hand
Other Debtors
**Total Current Assets**
**Creditors: amounts falling due within one year**
Other Creditors
Other Current Liabilities
**Total Creditors: amounts falling due within one year**
**Net current assets (liabilities)**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
Bank loans and other finance (long term)
Other Non-Current Liabilities
**Total Creditors: amounts falling due after more than one year**
**Total net assets (liabilities)**
**The funds of the charity:**
Designated Reserve
Restricted Reserve
General reserves
Surplus/(Deficit) for the year
**Total charity funds**|**2024**
**£**
2,231
**2,231**
38,431
227,864
-
**266,295**
4,841
**4,841**
**261,454**
**263,685**
**-**
**263,685**
104,362
100,300
25,504
33,519
**263,685**|**2023**|
|---|---|---|
|||**£**|
||||
|||2,322|
|||**2,322**|
||||
||||
|||-|
|||28,923|
|||203,963|
|||-|
|||**232,886**|
||||
||||
||||
|||5,042|
|||**5,042**|
||||
|||**227,844**|
||||
|||**230,166**|
||||
||||
|||-|
||||
|||-|
|||**-**|
||||
|||**230,166**|
||||
||||
|||84,362|
|||100,300|
|||26,348|
|||19,156|
|||**230,166**|
14
## **Accounting Policies**
## **Scope and Basis of the Financial Statements**
The accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice Accounting and Reporting by Charities published in March 2005.
## **Income**
Revenue is recognised in the period in which the charity is entitled to receipt once the amount can be measured with reasonable certainty.
## **Expenses**
Expenditure is included in the Statement of Financial Activities (SoFA) on an accruals basis and is recognised at the point when a legal or constructive obligation arises. The majority of costs are directly attributable to specific activities. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Fixed assets**
Fixed assets with an individual purchase of £500 or more are capitalised and stated at cost less depreciation which is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:
|Fixtures and fittings|25%|
|---|---|
|Equipment|25%|
|Vehicles|25%|
15
## **Notes**
## **1. Income**
|**1.**
**Income**|||
|---|---|---|
|**Income**
Donations and legacies
Restricted Income
**Total donations & legacies**
**Other income**
Gift Aid Receipts
Other income
**Total other income**
**Total Income**
**2.**
**Expenditures**
**Charitable Activities**
Premises
Utilities
Travel
Motoring & Transportation
Insurance
Administration
Advertising
Operations
Finance Charges
Depreciation
Honorarium
**Total Charitable Activities**
**Other Charitable Activities**
Outreach
Central Office
Welfare & Benevolence
Charitable Donations
**Total Other Charitable Activities**
**Other Costs**
Professional fees and services
Other costs
Legal fees
Accountancy fees
**Total Other Costs**|**2024**
**£**
97,506
-
**97,506**
9,508
756
10,264
**107,770**
**2024**
**£**
8,656
14
6,931
80
247
24,866
310
4,779
66
1,485
1,050
**48,484**
2,000
14,058
300
645|**2023**|
|||**£**|
|||83,970|
|||-|
|||**83,970**|
||||
||||
|||8,396|
|||134|
|||8,530|
||||
|||**92,500**|
||||
|||**2023**|
|||**£**|
|||9,023|
|||679|
|||2,225|
|||274|
|||292|
|||37,338|
|||913|
|||4,259|
|||2|
|||1,684|
|||2,213|
|||**58,902**|
||||
||||
|||1,000|
|||9,621|
|||895|
|||717|
||**17,003**
7,821
943
**8,764**|**12,233**|
||||
||||
|||1,110|
||||
||||
|||1,098|
|||**2,208**|
16
## **Notes**
## **3. Prior Year adjustments**
There are no adjustments to brought forward balances this period.
## **4. Related Party Transactions**
During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 3 under Central Office and Charitable Giving.
## **5. Trustee Remuneration & Expenses**
During the year, there were not payments or reimbursement of expenses to trustee members.
## **6. Staff cost, living accommodation and numbers**
|Wages and salaries
Social security costs
Living Accommodation|**2024**
**£**
21,999
472.8
-
**22,472**|**2023**|
|---|---|---|
|||**£**|
|||36,394|
|||472.8|
|||-|
|||**36,867**|
No employee received remuneration amounting to more than £60,000 in the year
## **Average number of staff**
|Pastoral
Admin|**2024**
1
-
**1**|**2023**|
|---|---|---|
|||1|
|||2|
|||**3**|
17