The Redeemed Christian Church of God Overcomers House, Plymouth Annual Report and Unaudited Financial Statements for the year ended 31 August 2020 Charity Number: 1177199
RCCG Overcomers House Plymouth Charity Information for the year ended 31 August 2020 Trustees Adekemi Fayose Timibloudi Enamamu Babafemi Oshin Charity Commission Number 1177199 Correspondence Address 33 Wilton Street Plymouth PLI SLU
RCCG Overcomers House Plymouth Trustees Report For the year ended 31 August 2020 Forthe year in view, the Parish has considered the Charity Commission guidance on public benefit and particularly the specific guidance on charities for the advancement of religion. We have continued to align with the mission and vision of the umbrella body, The Redeemed Christian Church of God, United Kingdom (RCCG UK) to enable ordinary people to live out their faith as part of their community through Worship and prayer, teaching and learning of the Gospel and promotion of pastoral care for those in the community that have a need and request for it. Towards the end of March 2020 when the nation went into lockdown due to corona virus, our landlords shut down the hall and refused to rent it out to anyone. We immediately moved our services online via Zoom, and thus we did not miss a single service. The Parish continued to faithfully hold a Sunday morning worship service, including a session of Bible Study (Sunday School) throughout the various lockdowns and we have held midweek faith discussion groups (Digging Deep) online as well. Due to lockdown, many community outreach events across Plymouth that we would normally have participated in did not hold, such as the Unity Festival on the Hoe, and other support to local charities and elderly homes. However we were able to keep the Goshen Home project for the homeless running with the kind help of our volunteers and especially with the invaluable support we continued to receive from our partner, Green Pastures. We continue to make regular contributions to the RCCG UK World Evangelism Mission (WEM) and Central Office Fund (COF) and to fully participate in the various Central Office activities like STAR webinars and the Global Outreach Day (G.O.D.), as these have also moved online. Understandably, we have been unable to participate in other community based activities like the Plymouth University Freshers Week. All activities continued to be carried out under the direct oversight of the Minister-in-charge, Pastor Abayomi Fayose. Addendum In the course of the period under review, we received a notice of resignation from one of our Trustees, Deacon (Dr) Femi Oshin, effective end of August 2020, due to increased personal and professional responsibilities. Dcn Oshin's support has been invaluable since the creation of the Parish and he continues to support us morally and financially. We owe him a great debt of gratitude. Signed on behalf of the Board of Trustees: Dr Timi Enamamu Dr Femi Oshin
RCCG Overcomers House Pl mouth Income & Ex enditure For the ear ended 31 Au ust 2020 Unrestricted funds Aug-19 Income Offering Tithe Pledges Gift aid Plymouth City Council Department of Works & Pension Donations & Topups Award - Green Pastures I nterest Total Income 6,772 14,368 731 4,984 26,626 6,195 2,514 10,499 4,839 1,655 4,571 15,998 4,686 6,011 175 14 62 205 48,435 Ex enditure Remittances (Central office & WEM) Travelling exp Honorarium Printing, postages & stationery Communion Elements & refreshments Rent Subscription Salaries & Wages Conferences & events Books & Clergy materials Repairs & Maintenance Website Homeless project Depreciation Total Expenditure 2,988 1,495 471 41Q 1,022 1,563 390 367 43 1,800 109 19,366 1,360 28 303 115 30,628 785 59 901 185 3,000 100 9,821 1,449 191 118 25,434 785 44,425 Net Movement in funds Balance brought forward Balance carried forward 2,304 12,195 14,499 4,010 8,185 12,195
RCCG Overcomers House Pl mouth Balance Sheet at 31.08.20 Notes 31.08.2020 31.08.2019 Fixed Assets Tangible assets 1,569 2,354 1,569 2,354 Current Assets Debtors 6,599 11,588 Gift aid debtor Bank Cash in hand 9,555 13,736 4,571 15,725 29,891 31,884 Current Liabilities Creditors 16,961 22,043 16,961 22,043 Net Assets 14,499 12,195 Funds Opening Balance Net Surplus (Deficit) 12,195 2,304 8,185 4,010 14,499 12,195 Net Funds 14,499 12,195
RCCG Overcomers House Pl mouth Fixed Assets Plant & equipment Vehicle Total Cost Cost at 1 September 2019 Additions Disposals Cost at 31 August 2020 3,924 3,924 3,924 3,924 Depreciation Accumulated depreciation at 1 September 2019 Charge for year Depreciation on disposal Accumulated depreciation at 31 August 2020 1,570 785 1,570 785 20.00 % 2,355 2,355 Net Book Values At 31 August 2020 1,569 1,569 At 31 August 2019 2,354 2,354
RCCG Overcomers House Pl Notes to the accounts As at 31st August 2020 mouth 1 Debtors Housing benefits - Plymouth Council 6,599 Gift Aid recoverable 9,555 16,155 2 Creditors Central office remittances 2,004 Lease - Green Pastures 5,606 Donation - Green Pastures 120 Housing manager- wages 4,733 Accrued expenses 4,498 16 961
Notes to the Accounts At 31 August 2020 l. Accounting Policies Basis of preparation of accounts The financial statements have been prepared under the historic cost convontion and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) Incoming resources Voluntary income and donations are included in incoming resources when they are received, except when the donors specify that they must be used in future accounting periods or donors conditions have not been fulfilled, then the income is deferred. Resources expended Resources expended are included in the Statement of Financial Activities on accrual basis, inclusive of any VAT, which cannot be recovered. Taxation Based on its status as a registered charity and the use of funds for charitable purposes, RCCG Overcomers House, Plymouth is exempt from corporation tax. Designated and restricted funds These are detailed in the notes to the accounts Tangible fixed assets Depreciation is based on straight line method on tangible fixed assets to write the assets off over the term of their estimated useful life at the following rates: Fixtures, fittings and musical instruments 2. Funds Unrestricted funds Unrestricted funds comprise those funds, which the trustee5 are free to Use in accordance with the charitable objects
- Transactions with Trustees None of the trustees have been paid any rernuneration or received any other benefits from an employment with the charity or a related entity. One of the trustees (Adekemi Fayose) is the spouse of the pastor, who received remuneration totalling £17,534 in the year. No expenses have been received by t.rustees in relation to their roles as trustees and there have been no related party transactions.
INDEPENDENT EXAMINER'S REPORTTO THE RCCG OVERCOMERS PLYMOUTH YEAR ENDED 31 AUGUST 2020 ST I report on the attached accounts of the RCCG Overcomers Plymouth ("RCCG") for the year ended 31 August 2020, in respect of an examination carried out under regulation 3 of the Church Accounting Regulations 1997 to 2001 and Section 145, Charites Act 2011 ("the 2011 Act"). Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under Section 144 of the 2011 Act and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act. to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b)) of the 2011 Act; and to state whether particular matters have come to my attention. Basis of Independent Examinerfs Statement My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these 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 as set out in the statement below. Independent Examiner's Statement In connection with my examination, no matter has come to my attention: (i) which sives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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. r/c/ii A P Jopson, FCA Date (Fellow of the Institute of Chartered Accountants in England & Wales) Tony Jopson & Co Ltd, Peverell Corner, 246 Peverell Park Road, Plymouth, PL3 4QG