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2024-12-31-accounts

Electronically signed using Capium on 04/11/2025 at 1201 0 : 5 4: 10 8 PM

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

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Charity Template created.
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Reminder set to the document Christ Life Chapel -
Accounts 2024 - Charity Template.
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Akinnugba(gracer3@hotmail.com).
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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).