RCCG Rehoboth Centre
BECKENHAM
THE REDEEMED CHRISTIAN CHURCH OF GOD REHOBOTH CENTRE
TRUSTEE’S REPORT AND ANNUAL ACCOUNTS FOR THE YEAR ENDED 30TH NOVEMBER 2024
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RCCG Rehoboth Centre
BECKENHAM
| Page | |
|---|---|
| Corporate Information | 3 |
| Board of Trustee’s Report | 4 |
| Independent Examiner’s Report | 7 |
| Statement of Financial Activities | 8 |
| Statement of Financial Position | 9 |
| Accounting Policies | 10 |
| Notes | 11 |
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Corporate Information
| Registered Charity Number: | 1171311 |
|---|---|
| Registered Company Number: | 09855771 |
| Registered Office: | 99 Ferndale Crescent, Carshalton, England, SM5 2FG |
| Principal Office: | 99 Ferndale Crescent, Carshalton, England, SM5 2FG |
| Board of Trustees: | Mr Abraham Akande (Chairman) |
| Mrs Olayinka Ojo (Secretary) | |
| Bankers: | Natwest |
| Accountants: | Chedders Ltd |
| Accountants and Business Advisers | |
| Synium House | |
| r/o 94-96 High Street | |
| Henley in Arden B95 5FY |
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Board of Trustee’s Report
1.0 Introduction
The Trustees present their annual report and financial statements of the charity for the Year ended 30th November 2024. The Trustees have adopted the provisions of the Statement of Recommended Practices (SORP) ‘Accounting and reporting by charities’ issued in March 2005 in preparing the report and financial statement of the charity
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
The Redeemed Christian Church of God Rehoboth Centre (RCCG Rehoboth Centre) is a parish of the Redeemed Christian Church of God. This is a network comprised of churches all over the world. There is an agreement of common purposes entered into by RCCG Rehoboth Centre with the Redeemed Christian Church of God which documents this relationship.
Registered in 2017, it is governed by a Trust Deed and is controlled by a board of trustees whose members are appointed as set out in the constitution of the charity. Membership of the Board of Trustees consists of 3 individuals appointed by the charity who are of high spiritual and moral standing.
1.3 Objectives and Activities
The charity’s main object is for the Public Benefit: it is the advancement of the Christian faith worldwide in accordance with the doctrine set out in the statement of Faith contained in the Schedule (Charity’s Trust Deed)
1.4 Achievements and Performance
An overview of activities the charity engaged in during the year is provided below:
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Regular meetings on Sundays and Wednesdays to worship, preach the good news and promote the love of God among brethren through teachings, sharing and studying the Bible.
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Weekly outreach to evangelize and spread the love of God in the community
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Active member of Churches Together in Beckenham community whose aim is to fellowship together through prayers and joint meetings to develop the community
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Carried out worship together programme with the aim to engage with the young people in the community
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Regular (monthly) donation to world evangelical mission to assist the missionaries to help alleviate poverty and hardship all over the world
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Member of the Street Pastors who patrolled the Beckenham community at night times during the weekends to ensure safety and help to maintain good behaviours
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Monthly donations of food items and toiletries to the Bromley food bank, including one-off monetary donation
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Board of Trustee’s Report
- Weekly volunteering work as day centre support staff for Bromley and Lewisham Mind Care. Oneoff monetary donation to them.
1.5 Risk Management
The trustees are quite satisfied with the management of the finances to fulfil the charity’s objectives despite the unpredictable nature of our income.
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 systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks including DBS checks on all volunteers working with children.
1.6 Financial Review
During the year to 30th November 2024, the church had a total income of £37,179. 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 £41,904. Total operating charitable expenditure was £28,901 giving an operating surplus of £8,278 after depreciation.
The Charity’s principal funding sources are the individuals who attend the church services and partner with the ministry via monthly donations.
1.7 Reserve Policy
The Trustees are aware of the need to establish a reserves policy to maintain a balance on unrestricted funds and are working to achieve a desired level of funds of about 30-35% of the gross income.
1.8 Volunteers
Active volunteers are about 12.
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Board of Trustee’s Report
2.0 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:
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Select suitable accounting policies and then apply them consistently;
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Make judgments and estimates that are reasonable and prudent;
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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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 Companies Act 2006. 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.
This report was approved by the Board of Trustees on 17 September 2025 and signed on their behalf by:
Full Name: Mr Abraham Akande Signature: Position: Chairman Date: 17 September 2025
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Independent Examiner’s Report
Report to the trustees/members of: The Redeemed Christian Church of God Rehoboth Centre On accounts for the year ended: 30th November 2024 Charity No: 1171311
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:
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examine the accounts under section 145 of the Charities Act,
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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
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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:
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(1) which give me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act;
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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:
bsO- Date: 25 August 2024
Name: Tobi Labeodan FCCA, for and on behalf of 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 7 ~~SLE~~
Statement of Financial Activities: Year Ended 30th November 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 December 2023 Total funds carried forward at 30 November 2024 |
2024 2024 2024 Unrestricted Funds Restricted Funds Total Funds £ £ £ 33,461 33,461 3,717 - 3,717 37,179 - 37,179 37,179 - 37,179 19,640 - 19,640 8,898 - 8,898 363 - 363 28,901 - 28,901 8,278 - 8,278 - - 8,278 - 8,278 47,311 - 47,311 55,589 - 55,589 |
2023 2023 2023 |
|---|---|---|
| Unrestricted Funds Restricted Funds Total Funds |
||
| £ £ £ |
||
| 11,270 - 11,270 |
||
| 1,240 - 1,240 |
||
| 12,510 - 12,510 |
||
| 12,510 - 12,510 |
||
| 13,645 - 13,645 |
||
| 8,204 - 8,204 |
||
| 350 - 350 |
||
| 22,198 - 22,198 |
||
| (9,689) - (9,689) |
||
| - | ||
| - | ||
| (9,689) - (9,689) |
||
| 56,999 - 56,999 |
||
| 47,311 - 47,311 |
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Statement of Financial Position: Year Ended 30th November 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: Restricted Reserve General reserves Surplus/(Deficit) for the year Total charity funds |
2024 £ 2,203 2,203 900 11,990 41,904 - 54,794 1,409 1,409 53,385 55,589 - 55,589 47,311 8,278 55,589 |
2023 |
|---|---|---|
| £ | ||
| 2,686 | ||
| 2,686 | ||
| 3,600 | ||
| 8,310 | ||
| 33,064 | ||
| - | ||
| 44,974 | ||
| 350 | ||
| 350 | ||
| 44,624 | ||
| 47,310 | ||
| - | ||
| 47,310 | ||
| 56,999 | ||
| (9,689) | ||
| 47,310 |
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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 £300 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 | 20% |
|---|---|
| Equipment | 20% |
| Vehicles | 20% |
| Building | 2% |
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Notes
| 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 Total Other Costs |
2024 £ 33,461 - 33,461 3,681 37 3,717 37,179 2024 £ 10,559 - 2,914 - 127 994 228 3,201 - 1,166 450 19,640 485 6,995 578 840 |
2023 £ 11,270 - 11,270 1,240 0 1,240 |
|---|---|---|
| 12,510 2023 £ 6,710 117 2,817 83 180 809 493 1,224 - 1,212 - 13,645 5,026 3,058 - 120 8,204 350 350 |
||
| 8,898 363 363 |
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Notes
3. Tangible Assets
| . Tangible Assets |
|||||
|---|---|---|---|---|---|
| Cost At 1st Dec 2023 Additions Disposals Revaluations At 30th Nov 2024 Depreciation At 1st Dec 2023 Charge for the year Adjustments At 30th Nov 2024 Net Book Value At 1st Dec 2023 At 30th Nov 2024 |
Sound & Musical Inst £ - 683 683 - 125 125 - 558 |
Motor Vehicles £ - - - - - - - - - - |
Fixtures & Fittings £ - - - - - - - - |
Machinery & Equipment 6,058 - 6,058 3,371 1,041 - 4,412 2,686 1,646 |
Total £ 6,058 683 - - |
| 6,741 | |||||
| 3,371 1,166 - |
|||||
| 4,537 | |||||
| 2,686 | |||||
| 2,204 |
4. Related Party Transactions
During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 2 under Central Office and Charitable Giving.
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