**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 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).