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RCCG - CHRIST LIFE CHAPEL
REGISTERED CHARITY NUMBER: 1171489
RCCG - CHRIST LIFE CHAPEL
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
RCCG - CHRIST LIFE CHAPEL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| 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 2024
The Board presents its Trustees' report with the financial statements of the charity for the year ended 31 December 2024.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 £8,036 in general liquid funds and received offerings and Tithes of £2,700 during the current year with £150 as outgoing expenses. The charity holds liquid funds of £10,736 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 Akinnugba
................................. Grace Funke Akinnugba Trustee/Chair 05/03/2025
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 2024
| 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 £ 2,700 2,700 - 150 150 2,550 - 7,886 10,436 |
Restricted £ - - - - - 0 - 0 0 |
2024 Total 2023 Total £ £ 2,700 932 2,700 932 - - 150 150 150 150 2,550 782 - - 7,886 7,104 10,436 7,886 |
|---|---|---|---|
The notes form part of these financial statements
Page 2
RCCG - CHRIST LIFE CHAPEL
BALANCE SHEET
AS AT 31 DECEMBER 2024
| 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 |
£ £ 10,736 - 10,736 (300) 0 (300) 10,436 10,436 0 10,436 10,436 - 10,436 2024 |
2023 £ 8,036 - |
|---|---|---|
| 10,736 (300) 0 |
8,036 (150) 0 |
|
| (300) 0 |
(150) 7,886 |
|
| 7,886 | ||
| 0 | ||
| 7,886 | ||
| 7,886 - |
||
| 7,886 |
Approved by the Board of Trustees on 05/03/2025 and signed on their behalf by
Grace Akinnugba
.............................
Grace Funke Akinnugba Trustee/Chair
Page 3
RCCG - CHRIST LIFE CHAPEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
| 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 £ - - 2,700 - 2,700 2,700 - - - - - - - - - - - - - - 150 - 150 150 |
Restricted £ - - - - - - - - - - - - - - - |
2024 Total £ - - 2,700 - 2,700 2,700 - - - - - - - - - - - - - - 0 150 - 150 150 |
2023 Total £ |
|---|---|---|---|---|
- |
||||
- 932 - |
||||
| 932 | ||||
| 932 | ||||
- - - - - - - - - - - - |
||||
- |
||||
- |
||||
| 0 150 - |
||||
| 150 | ||||
| 150 |
Page 4
RCCG - CHRIST LIFE CHAPEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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 £ 7,886 |
Incoming resources £ 2,700 |
Outgoing resources £ ( 150) (150) - - ( 150) |
2024 £ 300 - 300 Transfers £ - - - - - |
2023 £ 150 - |
|---|---|---|---|---|---|
| 150 | |||||
| At the end of the year £ 10,436 |
|||||
| 7,886 | 2,700 | 10,436 | |||
| - | - | - | |||
| - | - | - | |||
| 7,886 | 2,700 | 10,436 |
6. MOVEMENT IN FUNDS
Page 5
Document Details
IP 169.254.254.3 Time stamp 2025-11-04 12:54:18 Email gracer3@hotmail.com Name Christ Life Chapel - Accounts 2024 - Charity Template
Browser & Version
Document History
| Document Christ Life Chapel - Accounts 2024 - Charity Template created. |
16-09-2025 12:34 |
|---|---|
| Signer Grace F Akinnugba added to the document | |
| Christ Life Chapel - Accounts 2024 - Charity | 16-09-2025 12:34 |
| Template. | |
| Reminder set to the document Christ Life Chapel - Accounts 2024 - Charity Template. |
16-09-2025 12:36 |
| Document has sent for signature to Grace F Akinnugba(gracer3@hotmail.com). |
16-09-2025 12:36 |
| Document has sent for signature to Grace F Akinnugba(gracer3@hotmail.com). |
03-11-2025 12:14 |
| Document has sent for signature to Grace F Akinnugba(gracer3@hotmail.com). |
04-11-2025 12:51 |
Document Details
IP 169.254.254.3 Time stamp 2025-11-04 13:04:07 Email gracer3@hotmail.com Name Christ Life Chapel - Accounts 2024 - Charity Template Browser & Version
Document History
Document Christ Life Chapel - Accounts 2024 - 04-11-2025 13:00 Charity Template created. Signer Grace Akinnugba added to the document Christ 04-11-2025 13:00 Life Chapel - Accounts 2024 - Charity Template. Reminder set to the document Christ Life Chapel - 04-11-2025 13:01 Accounts 2024 - Charity Template. Document has sent for signature to Grace 04-11-2025 13:01 Akinnugba(gracer3@hotmail.com).