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← Rccg - Christ Life Chapel

2023-12-31-accounts

Electronically signed using Capium on 28/03/2025 at 03:00:09 PM

RCCG - CHRIST LIFE CHAPEL

REGISTERED CHARITY NUMBER: 1171489

RCCG - CHRIST LIFE CHAPEL

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

RCCG - CHRIST LIFE CHAPEL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Page
Reference and administrative information 1
Statement of Financial Activities 2
Balance Sheet 3
Notes to the Financial Statements 4 – 5

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

The Board presents its Trustees' report with the financial statements of the charity for the year ended 31 December 2023.TheTrustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities' issued in March 2005.

OBJECTIVES AND ACTIVITIES

The objectives of the charity are to advance the Christian faith for the public benefit in accordance with the statement of beliefs and practices in the schedule.

ACHIEVEMENTS AND PERFORMANCE

The Church is successfully achieving the main objectives of the charity in consideration to available material and personnel.

Successfully teaching, preaching and lecturing the true words of God to the people of all races and ages.

FINANCIAL REVIEW

The charity had an opening balance of £7,104 in general liquid funds and received offerings and Tithes of £932 during the current year with £150 as outgoing expenses. The charity holds liquid funds of £8,036 at the end of the year.

PUBLIC BENEFIT

ln shaping our objectives for the year and planning our activities, the Trustees have considered the Charity Commission's guidance on public benefit, including the guidance on public benefit and fee charging. The Charity relies on the offerings it receives from the Church members and well wishers to cover it's costs.

Turstees confirm they had no involvment with grant and no surplus for investment presently.

The Trustees declare that they have approved the Trustees' report above.

Signed on behalf of the Charity's Trustees

Grace A.

................................. Grace Funke Akinnugba Trustee/Chair 03/03/2025

RCCG - CHRIST LIFE CHAPEL

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name

RCCG - Christ Life Chapel

Charity registration number

1171489

Registered Office and operational address

65 Clemence Road Dagenham Essex RM10 9YQ

Trustees

Board of Trustees for the purposes of the Charities Act 2011. The following served as Trustees during the year.

duringthe year.
Sr. No Name **Position ** Dates acted (if
not wholeyear)
1. Grace Funke Akinnugba Chair Full Year
2. Adeniyi Hassan Animasaun Trustee Full Year
3. Oluwagbemiga Oluwatayo Trustee Full Year

Accountant

TaxTell Limited 111 Station Road London, NW4 4NT

Bankers

Barclays Bank

Page 1

RCCG - CHRIST LIFE CHAPEL

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

Note
INCOMING RESOURCES
Incoming resources from generated funds
Activities for generating funds
3
Total incoming resources
RESOURCES EXPENDED
Costs of generating funds
4
Support costs
Governance costs
Total resources expended
NET INCOMING/(OUTGOING)
RESOURCES
RECONCILIATION OF FUNDS
6
Transfers between funds
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
£
932
932
-
150
150
782
-
7,104
7,886		 Restricted
£
-
-
-
-
-
0
-
0
0		 2023
Total
2022
Total
£
£
932
1,625
932
1,625
-
300
150
-
150
300
782
1,325
-
-
7,104
5,779
7,886
7,104

The notes form part of these financial statements

Page 2

RCCG - CHRIST LIFE CHAPEL

BALANCE SHEET

AS AT 31 DECEMBER 2023

Note
CURRENT ASSETS
Cash at bank and in hand
Other Receivables
TOTAL CURRENT ASSETS
CURRENT LIABILITIES
Creditors: amounts falling due within one year
5
Bank Loans due within one year
TOTAL CURRENT LIABILITIES
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
LONG TERM LIABILITIES
Bank Loans & Overdrafts
NET ASSETS
FUNDS
6
Unrestricted funds
General funds
Restricted funds
TOTAL FUNDS		 £
£
8,036
-
8,036
(150)
0
(150)
7,886
7,886
0
7,886
7,886
-
7,886
2023		 2022
£
7,104
-
8,036
(150)
0		 7,104
0
0
(150)
0		 0
7,104
7,104
0
7,104
7,104
-
7,104

Approved by the Board of Trustees on 03/03/2025 and signed on their behalf by

Grace A.

.............................

Grace Funke Akinnugba Trustee/Chair

Page 3

RCCG - CHRIST LIFE CHAPEL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

3.
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
Activities for generating funds
Fee Income
Oferrings & Tithes
Interest Income
Total incoming resources
4.
RESOURCES EXPENDED
Support costs
IT and Software Costs
Bank Charges
Professional Fees
Postage, priniting, stationery &
supplies
Premises Expenses
Light, Heat and Power
Donations
Interest Costs
Insurance
Sundry expenses
Telephone & broadband
Travel
Staff costs
Average number of staff employed
Governance costs
Independent examiner fee
Book-keeping & payroll
Total resources expended		 Unrestricted
£
-
-
932
-
932
932
-
-
-
-
-
-
-
-
-
-
-
-
-
-
150
-
150
150		 Restricted
£

-

-
-

-
-
-




-







-

-

-

-
-

-
-
-		 2023
Total
£

-

-
932

-
932
932
-
-
-

-
-
-
-
-
-
-

-

-

-

-
0
150

-
150
150		 2022
Total
£

-

-
1,625

-
1,625
1,625

-

-

-

-

-

-

-

-

-

-

-

-

-

-
0
300

-
300
300

Page 4

RCCG - CHRIST LIFE CHAPEL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade Creditors
Other Creditors
MOVEMENT IN FUNDS
Unrestricted funds:
General fund
Total unrestricted funds
Restricted funds:
Total unrestricted funds
TOTAL FUNDS		 At the start
of the year
£
7,104		 Incoming
resources
£
932		 Outgoing
resources
£
( 150)
(150)
-
-
( 150)		 2023
£
150
-
150
Transfers
£
-
-
-
-
-		 2022
£
-
-
-
At the end
of the year
£
7,886
7,104 932 7,886
- - -
- - -
7,104 932 7,886

6. MOVEMENT IN FUNDS

Page 5

Document Details

IP 169.254.254.5 Time stamp 2025-03-28 15:00:08 Email gracer3@hotmail.com Name Christ Life Chapel - Accounts 2023 - Charity Template

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Document History

Document Christ Life Chapel - Accounts 2023 - 03-03-2025 16:43 Charity Template created. Signer Grace Akinnugba added to the document Christ 03-03-2025 16:44 Life Chapel - Accounts 2023 - Charity Template. Reminder set to the document Christ Life Chapel - 03-03-2025 16:46 Accounts 2023 - Charity Template. Document has sent for signature to Grace 03-03-2025 16:46 Akinnugba(gracer3@hotmail.com). Document has sent for signature to Grace 05-03-2025 10:49 Akinnugba(gracer3@hotmail.com). Document has sent for signature to Grace 28-03-2025 14:52 Akinnugba(gracer3@hotmail.com).