RCCG Winners Way Chatham 

Report and Accounts 

31 December 2024 

Company registration number - 09409243 

Charity registration number is - 1180937 



## **RCCG Winners Way Chatham** 

## **Report and accounts for the year ended 31 December 2024** 

## **Contents** 

||**Page (s)**|
|---|---|
|**Charity information**|1|
|**Trustees' annual report**|2 - 5|
|**_Funds statements:-_**||
|Statement of financial activities|10|
|Movements in funds|11|
|Income and expenditure account|12|
|**Balance sheet**|13|
|**Notes to the accounts**|14 - 22|





## **RCCG Winners Way Chatham** 

Company registration number - 09409243 

## **Trustees' annual report for the year ended 31 December 2024** 

The trustees present their report and accounts for the year ended 31 December 2024, which also comprises the directors' report required by the Companies Act 2006. 

## **Reference and administrative details** 

## _**The charity name.**_ 

The legal name of the charity is:- RCCG Winners Way Chatham. 

The charity is also known by its operating name, The Redeemed Christian Church of God Winners Way. 

## _**The charity's areas of operation and UK charitable registration.**_ 

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1180937. 

The charity does not operate in any overseas jurisdictions. 

## _**Legal structure of the charity**_ 

The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation. 

The governing document is dated 27 January 2015 

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. 

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation. 

The trustees are all  individuals. 

## **The principal operating address, telephone number, email and web addresses of the charity are:-** 

46 Sidney Road Gillingham, Rainham ME7 1PA Telephone 07904886588 Email Address adetunjisk@yahoo.com 

Web address www.winnnerswaychatham.org 

The registered office of the charity for Companies Act purposes is the same as the operating address shown above. 

1 



## **RCCG Winners Way Chatham** 

Company registration number - 09409243 

## **Trustees' annual report for the year ended 31 December 2024** 

## **The following persons served as trustees during the year ended 31 December 2024 :-** 

Mr Samuel Kayode Adetunji Mr Kehinde Makinde Dr Oladipo Anthony Eniola Bolanle Adetunji 

## **The trustees in office on the date the report was approved were:** 

Mr Samuel Kayode Adetunji Mr Kehinde Makinde Dr Oladipo Anthony Eniola Bolanle Adetunji 

## **Objects and activities of the charity** 

## _**The purposes of the charity as set out in its governing document.**_ 

The objects of the charity are: 

1. The advancement of the Christian religion worldwide; and 

2. The relief of poverty. 

It pursues these objects by the operation of a Christian worship centre at a facility located at Stonecross Lea Community Hall, Chatham, ME5 0BL. It also organises special training and mentoring activities for the unemployed, people planning to start their own businesses and runs general information centre for the public. 

## _**The main activities undertaken in relation to those purposes during the year.**_ 

Significant activities that contributed to the achievement of these objectives were: 

1. Events organised during the year to promote the Christian faith include distribution of leaflets with  Christian messages, organising deliverance services, all night vigils, special prayers and counselling. 

2. Other activities to help raise the profile of the charity in the local community included picnics, Mothers' Day and Fathers' Day celebrations. 

3. Specific activities for the relief of poverty are in the areas of training and mentoring of the unemployed to start their own businesses and passing job information to job seekers. 

## _**The charity's strategies for achieving its aims and objectives in the future.**_ 

The charity aims at buildng on its current achievement in effectively spreading the ethos, love and hope that Christian faith offers. It also aims at building upon its current efforts of community involvement in its bid to make our community and the larger world a better place for all. 

2 



## **RCCG Winners Way Chatham** 

Company registration number - 09409243 

## **Trustees' annual report for the year ended 31 December 2024** 

## _**How the activities undertaken during the year contributed to the achievement of the aims and objectives.**_ 

The trustees are pleased to report that the church continues to be successful by ministering to many people in prayer and welfare. The church has improved in membership, strength and is increasingly reaching out to the community. 

## _**Resources used  in the activities undertaken during the year.**_ 

Members continued to give their tithes and offering to fund the activities undertaken in the year. 

## _**The contribution of volunteers during the year.**_ 

The church is grateful for the commitment and efforts of its volunteers who are involved in services provision. The church has over 30 volunteers committed to working in various departments within the church. The church continues to dispense the service of heads of departments and ministers to ensure that the best value is derived from the sterling efforts of the volunteers. 

## _**Grant making policies and how these contributed to the achievement of the charity's aims and objectives during the year.**_ 

Grants are made to other charitable bodies. The church supports missionary organisations such as the Festival of Life and the World Evangelism Mission, and other missions and projects within and outside the UK. The church also provides support to members of the congregation (at the discretion of the trustees) who are in need. 

## **Structure, governance and management of the charity** 

## **The main achievements and performance of the charity during the year.** 

The trustees are pleased to report that the church continued to be successful spiritually by ministering to many people in prayer and welfare. The church has improved in membership strength and is increasingly reaching out to the community. 

## _**The methods used to recruit and appoint new charity trustees.**_ 

New trustees are elected on the basis of the contribution that they will make to the governance of the organisation and the skills that they will contribute. They are provided with copies of the Charity commission's guidance to trustees and given an introduction to the activities of the charity by the existing board. 

## _**The policies and procedures for the induction and training of trustees.**_ 

Existing trustees are provided with training as and when required. 

3 



## **RCCG Winners Way Chatham** 

Company registration number - 09409243 

## **Trustees' annual report for the year ended 31 December 2024** 

## _**The charity's organisational structure.**_ 

The board of trustees is headed by a Chairman, the Secretary to the trust and a financial administrator. All the present employees of the charity are voluntary workers. The trustees are responsible for making all decisions regarding allocation of fund and activities. 

## _**The charity's relationships with related parties.**_ 

RCCG Winners Way Chatham is a parish of The Redeemed Christian Church of God - a network comprising parishes all over the world. There is an agreement for common purposes entered into by RCCG Winners Way Chatham with The Redeemed Christian Church of God which documents this relationship. 

## **The charity's bankers and advisors** 

|Bankers|Natwest|
|---|---|
||Chatham branch|
|Accountants|Crownwise Consult Limited|
||1A Town Square|
||Erith|
||DA8 1RE|



## **Financial review** 

## _**The charity's financial position at the end of the year ended 31 December 2024**_ 

The financial position of the charity at 31 December 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:- 

|**Total funds**<br>**Net income**<br>Unrestricted revenue funds available for the<br>general purposes of the charity|**2024**<br>**£**<br>39,824<br>612,026<br>612,026|**2023**<br>**£**<br>75,723|
|---|---|---|
|||572,202|
|||572,202|



## _**Financial review of the position at the reporting date, 31 December 2024 .**_ 

During the period, a total income of  £138,947 was received from voluntary donations, gift aid government grants and others. The net movement in funds for the period as shown in the statement of financial activites, for the period was £39,824 The value of RCCG Winners Way Chatham net assets as at 31st December 2024 is £612,026. 

4 



## **RCCG Winners Way Chatham** 

Company registration number - 09409243 

## **Trustees' annual report for the year ended 31 December 2024** 

## _**The major risks to which the Charity is exposed and reviews and systems to mitigate them.**_ 

The trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate against exposures to the major risks. 

## **Details of the independent examiner** 

Adeniyi Zaccheus Chartered Certified Accountant 1A Town Square 

Erith Kent DA8 1RE 


5 



## **RCCG Winners Way Chatham** 

Company registration number - 09409243 

## **Trustees' annual report for the year ended 31 December 2024** 

## **Statement of  the directors trustees' responsibilities** 

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of  the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), . 

In particular, the Companies Act 2006 and charity law require the board of trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :- 

- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 

- select suitable accounting policies and apply them consistently; 

- make judgements and estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business; 

- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; 

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year. 

The trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The trustees are also responsible for the contents of the trustees' report, and the accountant preparing the accounts has no responsibilities in relation to the trustees' report. 

6 



## **RCCG Winners Way Chatham** 

Company registration number - 09409243 

## **Trustees' annual report for the year ended 31 December 2024** 

## **Method of preparation of accounts - Small company provisions** 

The financial statements are set out on pages 10 to 22. 

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP),  and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) 

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime. 

This report was approved by the board of trustees on 14 April 2025. 


Olugbenga Ronald Akinnawo Secretary 

7 



## **RCCG Winners Way Chatham** 

## **Report of the independent examiner to the trustees of the charitable company on the accounts for the year ended 31 December 2024** 

I report to the trustees on my examination of the financial statements of the charitable company on pages 8 to 22 for the year ended 31 December 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and  with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW), and under the historical cost convention and the accounting policies set out on pages 14 and 15. 

## **Respective responsibilities of the trustees and the independent examiner and the basis of the report** 

As described on page 6, you, the charity's trustees, who are also the directors of the company for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view. 

The trustees consider that the audit requirement of  Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the trustees have elected that the financial statements be subject to independent examination. 

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to: 

a) examine the financial statements of the charity under Section 145 of the Act and 

b) follow the applicable procedures in the directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Basis of independent examiner's statement and scope of work undertaken** 

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company  and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP. 

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. 

8 



Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. 

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the trustees of all material matters. 

9 



## **Independent examiner's statement, report and opinion** 

Attention is drawn to the accounting policy stating that, notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, and in order to accord with current best practice, the trustees have determined to prepare the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP). I concur with this approach, and any references in my report to the regulations should be read subject to this comment. 

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination and can confirm that: 

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006. 

The accounts are being examined in the circumstances specified in Regulation 34(3)(b, and the date when the Charity Commission dispensed with the requirements for audit under Section 144(1) of the Charities Act 2011 (the Act). 

This is a report in respect of an examination carried out under 145 of the Act and in accordance with directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable. 

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011; 

the financial statements do not accord with those records; or 

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination and 

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. 


Adeniyi Zaccheus Chartered Certified Accountant 1A Town Square Erith Kent DA8 1RE 

This report was signed on 14 April  2025 

10 



## **RCCG Winners Way Chatham - Statement of Financial Activities for the year ended 31 December 2024** 

## _**Statement of Financial Activities (including the  Income and Expenditure Account for the year ended 31 December 2024, as required by the Companies Act 2006)**_ 

|**Income & endowments from:**<br>Donations & grant<br>Investments<br>Other<br>**Total income**<br>**Expenditure on:**<br>Charitable activities<br>**Total expenditure**<br>**Net income for the year**<br>**Total funds brought forward**<br>**Total funds carried forward**<br>**Net movement in funds**|**Current year**<br>**Current year**<br>**Current year**<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**Total funds**<br>**2024**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>**£**<br>130,787<br>-<br>**130,787**<br>8,160<br>-<br>**8,160**<br>-<br>-<br>**-**<br>**138,947**<br>**-**<br>**138,947**<br>99,123<br>-<br>**99,123**<br>**99,123**<br>**-**<br>**99,123**<br>**39,824**<br>**-**<br>**39,824**<br>**39,824**<br>**-**<br>**39,824**<br>572,202<br>-<br>**572,202**<br>**612,026**<br>**-**<br>**612,026**|**Prior year**<br>**Total funds**<br>**2023**<br>**£**<br>167,871<br>5,243<br>-|
|---|---|---|
|||**173,114**|
|||97,391|
|||**97,391**|
||||
|||**75,723**|
|||**75,723**<br>496,479|
|||**572,202**|



The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet. 

All activities derive from continuing operations 

**The notes attached on pages 14 to 22 form an integral part of these accounts.** 

11 



## **RCCG Winners Way Chatham - Statement of Financial Activities for the year ended 31 December 2024** 

## **RCCG Winners Way Chatham - Resources applied in the year ended 31 December 2024 towards fixed assets for Charity use:-** 

|Funds generated in the year as detailed in the SOFA<br>**Net resources available to fund charitable activities**|**2024**<br>**£**<br>39,824<br>**39,824**|**2023**<br>**£**<br>75,723|
|---|---|---|
|||**75,723**|



The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals. 

**Movements in revenue and capital funds for the year ended 31 December 2024** 

## **Revenue accumulated funds** 

|**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>Accumulated funds brought forward<br>572,202<br>39,824<br>**612,026**<br>**Closing revenue funds**<br>**612,026**<br>**Summary of  funds**<br>**Unrestricted**<br>**and**<br>**Designated funds**<br>**2024**<br>**£**<br>Revenue accumulated funds<br>612,026<br>Recognised gains and losses before<br>transfers|**Restricted**<br>**funds**<br>**2024**<br>**£**<br>-<br>-<br>**-**<br>**-**<br>**Restricted**<br>**funds**<br>**2024**<br>**£**<br>-|**Total**<br>**funds**<br>**2024**<br>**£**<br>572,202<br>39,824<br>**612,026**<br>**612,026**<br>**Total**<br>**funds**<br>**2024**<br>**£**<br>**612,026**|**Last year**<br>**Total funds**<br>**2023**<br>**£**<br>**496,479**<br>75,723|
|---|---|---|---|
||||**572,202**|
||||**572,202**|
||||**Last Year**<br>**Total funds**<br>**2023**<br>**£**<br>572,202|



**The notes attached on pages 14 to 22 form an integral part of these accounts.** 

12 



## **RCCG Winners Way Chatham - Statement of Financial Activities for the year ended 31 December 2024** 

## **RCCG Winners Way Chatham** 

**Income and expenditure account for the year ended 31 December 2024 as required by the Companies Act 2006** 

|**_Income_**<br>Income from operations<br>Refunds from HMRC on gift aided donations<br>Interest receivable<br>Other operating income<br>**Gross income in the year**<br>**_Expenditure_**<br>Charitable expenditure, excluding depreciation and amortisation<br>Depreciation and amortisation<br>Governance costs<br>**Total expenditure in the year**<br>**Retained surplus for the financial year**<br>Investment income|**2024**<br>**£**<br>106,483<br>24,304<br>8,160<br>-<br>**138,947**<br>88,293<br>10,080<br>750<br>**99,123**<br>**39,824**|**2023**<br>**£**<br>145,245<br>22,626<br>5,243<br>-|
|---|---|---|
|||**173,114**|
|||94,674<br>1,967<br>750|
|||**97,391**|
||||
|||**75,723**|



All activities derive from continuing operations 

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities. 

**The notes attached on pages 14 to 22 form an integral part of these accounts.** 

13 



## **RCCG Winners Way Chatham -  Balance Sheet as at 31 December 2024** 

|Notes<br>**2024**<br>**£**<br>**Fixed assets**<br>Tangible assets<br>5<br>26,623<br>**Current assets**<br>Debtors<br>6<br>12,800<br>Cash at bank and in hand<br>573,758<br>**Total current assets**<br>586,558<br>**Creditors: amounts falling due within**<br>**one year**<br>7<br>(1,155)<br>**Net current assets**<br>585,403<br>**The total net assets of the charity**<br>**612,026**|**2023**<br>**£**<br>4,108<br>24,245<br>546,040<br>570,285<br>(2,191)<br>568,094<br>**572,202**|**2023**<br>**£**<br>4,108<br>24,245<br>546,040<br>570,285<br>(2,191)<br>568,094<br>**572,202**|
|---|---|---|
||||
|||**572,202**|



|Unrestricted revenue funds<br>10<br>612,026<br>572,202<br>612,026<br>**Total charity funds**<br>**612,026**<br>**The total net assets of the charity are funded by the funds of the charity, as follows:-**|572,202|
|---|---|
||**572,202**|



The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA. 

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. 

The members have not required the company to obtain an audit in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. 

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime. 


Olugbenga Ronald Akinnawo Secretary 

Approved by the board of trustees on 14 April 2025 

**The notes attached on pages 14 to 22 form an integral part of these accounts.** 

14 



## **RCCG Winners Way Chatham** 

## **Notes to the Accounts for the year ended 31 December 2024** 

## **1 Accounting policies** 

## _**Policies relating to the production of the accounts.**_ 

## **Basis of preparation and accounting convention** 

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP),  in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice. 

## **Going Concern** 

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31  December 2020, the trustees are satisfied that, at the time of approving the financial statements, it is appropriate  to adopt the going concern  basis  in preparing  the financial statements. Other than these matters, the trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern. 

## _**Policies relating to categories of income and income recognition.**_ 

## **Nature of income** 

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. 

## **Categories of Income** 

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income. 

**Income from exchange transactions** is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser. 

**Income from a non-exchange transaction** is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange. 

## **Income recognition** 

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably. 

Dividends are accrued when the shareholder’s right to receive payment is established. 

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met. 

All income is accounted for gross, before deducting any related fees or costs. 

15 



## **RCCG Winners Way Chatham** 

## **Notes to the Accounts for the year ended 31 December 2024** 

## **Recognition of liabilities and expenditure** 

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. 

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the  obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates. 

## **Volunteers** 

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note3. 

## _**Policies relating to assets, liabilities and provisions and other matters.**_ 

## _**Tangible fixed assets**_ 

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition. The cost of minor additions or those belw £100 are not capitalised. 

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives. 

Church equipment 20 % straight line Motor vehicles 25 % straight line 

## **Debtors** 

Debtors are measured at their recoverable amounts at the balance sheet date. 

## **Financial instruments including cash and bank balances** 

As required by SORP 10.75, and by reference to 10.74 and 10.75, 11.14 to 11.16 and 11.35 to 11.40 Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn,  are shown at the amounts properly reconciled to the bank statements. 

## **Pensions - defined contribution schemes** 

The charity operates a defined contribution pension scheme.  Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. 

## **2 Net surplus before tax in the financial year** 

|**Net surplus before tax in the financial year**|||
|---|---|---|
||**2024**|**2023**|
||**£**|**£**|
|The net surplus before tax in the financial year is stated after charging:-|||
|Depreciation of owned fixed assets|10,080|1,967|
|Pension costs|612|464|



16 



## **RCCG Winners Way Chatham** 

## **Notes to the Accounts for the year ended 31 December 2024** 

## **3 The contribution of volunteers** 

The charity depends on the support of its volunteers, which is much appreciated. The charity had 38 Volunteers who donated 1,847  hours of their time stewarding events. Other volunteers undertook 40  hours of mailings and distributions and two specialist volunteers with DBS checks, spent 475 hours  a year supporting the weekly children’s and young people’s writing groups. It is estimated that without the help of volunteers, the Festival would need to find the equivalent of over £20,000 to obtain similar services.  The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the statement of financial activities. The volunteers and the charity accept and agree that  no contract  of employment  is created  by these arrangements. 

## **4 Staff costs and emoluments** 

|**_Salary costs_**<br>Gross Salaries excluding trustees and key management personnel<br>Employer's National Insurance for all staff<br>Employer's contribution to defined benefit pension schemes<br>**Total salaries, wages and related costs**<br>The average number of part time staff employed in the year was<br>The average number of full time staff employed in the year was<br>The estimated full time equivalent number of all staff employed in the year was|**2024**<br>**£**<br>20,400<br>1,560<br>612|<br>**2023**<br>**£**<br>19,200<br>1,391<br>464|
|---|---|---|
||**22,572**|**21,055**|
||**1**<br>**1**<br>**1**|**1**<br>**1**<br>**1**|



- **5 Tangible fixed assets** 

|**_Current year_**<br>**Land and**<br>**Buildings**<br>£<br>**Cost**<br>At 1 January 2024<br>-<br>**At 31 December 2024**<br>**-**<br>**Depreciation**<br>At 1 January 2024<br>-<br>Charge for the year<br>-<br>**At 31 December 2024**<br>**-**<br>**Net book value**<br>**At 31 December 2024**<br>**-**<br>**At 31 December 2023**<br>**-**<br>**6**<br>**Debtors**<br>Other debtors<br>**7**<br>**Creditors: amounts falling due within one year**<br>Accruals<br>PAYE, NIC VAT and other taxes<br>Other creditors<br>**8**<br>**Income and expenditure account summary**<br>**At 1 January 2024**<br>Surplus after tax for the year<br>**At 31 December 2024**|**Land and**<br>**Buildings**<br>£<br>-|<br>**Plant &**<br>**equipment**<br>£<br>19,514|<br>**Motor**<br>**vehicles**<br>£<br>4,100|<br>**Total**<br>£<br>23,614|
|---|---|---|---|---|
||**-**|**20,223**|**35,986**|**56,209**|
||-<br>-|15,406<br>2,108|4,100<br>7,972|19,506<br>10,080|
||**-**|**17,514**|**12,072**|**29,586**|
||**-**|**2,709**|**23,914**|**26,623**|
||||||
||**-**|**4,108**|**-**|**4,108**|
||||**2024**<br>**£**<br>12,800<br>**2024**<br>**£**<br>750<br>265<br>140|**2023**<br>**£**<br>24,245<br>**2023**<br>**£**<br>2,191<br>-<br>-|
||||**1,155**|**2,191**|
||||**2024**<br>**£**<br>572,202<br>39,824|**2023**<br>**£**<br>496,479<br>75,723|
||||**612,026**|**572,202**|



17 



## **RCCG Winners Way Chatham** 

## **Notes to the Accounts for the year ended 31 December 2024** 

**9 Particulars of how particular funds are represented by assets and liabilities** 

|**At 31 December 2024**<br>Tangible fixed assets<br>Current assets<br>Current liabilities<br>**At 1 January 2024**<br>Tangible fixed assets<br>Current assets<br>Current liabilities|**Unrestricted**<br>**funds**<br>**£**<br>26,623<br>586,558<br>(1,155)|**Designated**<br>**funds**<br>**£**<br>-<br>-|**Restricted**<br>**funds**<br>**£**<br>-<br>-<br>-|**Total**<br>**funds**<br>**£**<br>**26,623**<br>**586,558**<br>**(1,155)**|
|---|---|---|---|---|
||**612,026**|**-**|**-**|**612,026**|
||**Unrestricted**<br>**funds**<br>**£**<br>4,108<br>570,285<br>(2,191)|**Designated**<br>**funds**<br>**£**<br>-<br>-<br>-|**Restricted**<br>**funds**<br>**£**<br>-<br>-<br>-|**Total**<br>**funds**<br>**£**<br>**4,108**<br>**570,285**<br>**(2,191)**|
||**572,202**|**-**|**-**|**572,202**|



**10 Change in total funds over the year as shown in Note 9 , analysed by individual funds** 

|**_Unrestricted and designated funds:-_**<br>Unrestricted revenue funds<br>**Total unrestricted and designated funds**<br>**Total charity funds**|**Funds**<br>**brought**<br>**forward from**<br>**2023**<br>**£**<br>572,202|<br> <br> <br> <br>**Movement in**<br>**funds in**<br>**2024**<br>**£**<br>39,824|<br> <br> <br>**£**<br>**-**<br>**Transfers**<br>**between**<br>**funds in**<br>**2024**|**Funds**<br>**carried**<br>**forward to**<br>**2025**<br>**£**<br>**612,026**<br> <br> <br> <br>|
|---|---|---|---|---|
||**572,202**|**39,824**|**-**|**612,026**|
||||||
||**572,202**|**39,824**|**-**|**612,026**|



## **11 Analysis of movements in funds over the year as shown in Note 10** 

|**_Unrestricted and designated funds:-_**<br>Unrestricted revenue funds|**Income**<br>**2024**<br>**£**<br>138,947|**Expenditure**<br>**2024**<br>**£**<br>(99,123)|**Other**<br>**Gains &**<br>**Losses**<br>**2024**<br>**£**<br>-|**Movement**<br>**in  funds**<br>**2024**<br>**£**<br>**39,824**|
|---|---|---|---|---|
||**138,947**|**(99,123)**|**-**|**39,824**|



## **12 The purposes for which the funds** 

## _**Unrestricted and designated funds:-**_ 

Unrestricted revenue funds 

Unrestricted revaluation reserve 

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use. This fund represents the unrestricted surplus arising on the revaluation of the charity's assets. 

18 



## **RCCG Winners Way Chatham** 

**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015** 

## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_ 

|**13**<br>**Donations and grant**<br>**Donations and gifts from individuals**<br>**Total donations and grants**<br>**14 Investment income**<br>Bank interest receivable<br>**Total investment income**<br>Refunds from HMRC on gift aided<br>d<br>ti<br>Small donations individually less than<br>£1000|**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>106,483<br>24,304|**Current yearCurrent year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>**106,483**<br>-<br>**24,304**<br>**-**<br>**130,787**<br>**Current yearCurrent year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>**8,160**<br>**-**<br>**8,160**|**Prior year**<br>**Total funds**<br>**2023**<br>**£**<br>145,245<br>22,626|
|---|---|---|---|
||**130,787**|**-**|**167,871**|
||**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>8,160||**Prior year**<br>**Total funds**<br>**2023**<br>**£**<br>5,243|
||**8,160**|**-**|**5,243**|



19 



## **RCCG Winners Way Chatham** 

**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015** 

## **15 Expenditure on charitable activities - Direct spending** 

|**_Current year_**<br>Gross wages and salaries -<br>charitable activities<br>Employers' NI - Charitable<br>activities<br>Defined benefit pension costs -<br>charitable activities<br>Travel and Subsistence -<br>Charitable Activities<br>Event<br>Training<br>Pastor's accomodation<br>Honorarium<br>Motor exp<br>**Total direct spending**|**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>20,400<br>1,560<br>612<br>1,334<br>4,469<br>1,079<br>-<br>3,000<br>2,682|**Current yearCurrent year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>**20,400**<br>-<br>**1,560**<br>-<br>**612**<br>-<br>**1,334**<br>-<br>**4,469**<br>-<br>**1,079**<br>-<br>**-**<br>-<br>**3,000**<br>-<br>**2,682**<br>**-**<br>**35,136**|**Prior year**<br>**Total funds**<br>**2023**<br>**£**<br>**19,200**<br>**1,391**<br>**464**<br>**4,114**<br>**3,779**<br>**506**<br>**-**<br>**3,300**<br>**1,186**|
|---|---|---|---|
||**35,136**|**-**|**33,940**|



**16 Expenditure on charitable activities- grant funding of activities** 

|**_Current year_**<br>Grants made to individuals<br>Grants made to organisations<br>Gifts and Weflare<br>**Total grantmaking costs**<br>**_Current year_**<br>WEM<br>Central Office|**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>5,698<br>2,300<br>2,400|**Current yearCurrent year**<br>**Prior year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**Total funds**<br>**2024**<br>**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>-<br>**5,698**<br>**5,595**<br>-<br>**2,300**<br>**4,463**<br>-<br>**2,400**<br>**1,744**<br>**-**<br>**10,398**<br>**11,802**<br>**Current year**<br>**Current year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>1,000<br>-<br>1,300<br>**-**<br>**2,300**|**Current yearCurrent year**<br>**Prior year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**Total funds**<br>**2024**<br>**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>-<br>**5,698**<br>**5,595**<br>-<br>**2,300**<br>**4,463**<br>-<br>**2,400**<br>**1,744**<br>**-**<br>**10,398**<br>**11,802**<br>**Current year**<br>**Current year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>1,000<br>-<br>1,300<br>**-**<br>**2,300**|
|---|---|---|---|
||**10,398**|**-**|**10,398**<br>**11,802**|
||**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>1,000<br>1,300|**Current year**<br>**Restricted**<br>**funds**<br>**2024**<br>**£**<br>-<br>-|**Current year**<br>**Total**<br>**funds**<br>**2024**<br>**£**<br>1,000<br>1,300<br>**2,300**|
||**2,300**|**-**||



20 



## **RCCG Winners Way Chatham** 

**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015** 

## **17 Support costs for charitable activities** 

||**Current year**|**Current yearCurrent year**|**Current yearCurrent year**|**Prior year**|
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Total**|**total funds**|
|**_Current year_**|**funds**|**funds**|**funds**||
||**2024**|**2024**|**2024**|**2023**|
||**£**|**£**|**£**|**£**|
|**_Employee costs not included in_**|**_direct costs_**||||
|**_Volunteer costs_**|||||
|Training and welfare - volunteers|-|-|**-**|**755**|
|Travel and subsistence -<br>volunteers|1,335|-|**1,335**|**4,114**|
|Motor expenses - volunteers|2,682|-|**2,682**|**1,186**|
|**_Premises expenses_**|||||
|Rent|23,937|-|**23,937**|**28,297**|
|Light heat and power|24|-|**24**|**692**|
|Cleaning and waste<br>management|70|-|**70**|**45**|
|Premises repairs, renewals and<br>maintenance|-|-|**-**|**87**|
|Property insurance|180|-|**180**|**180**|
|**_Administrative overheads_**|||||
|Telephone, fax and internet|1,323|-|**1,323**|**1,277**|
|Postage|-|-|**-**|**45**|
|Stationery and printing|560|-|**560**|**903**|
|Office expenses|7,312|-|**7,312**|**9,306**|
|Equipment,repairs,expenses and<br>maintenance|-|-|**-**|**165**|
|Insurance|2,078|-|**2,078**|**1,136**|



_**Professional fees paid to the auditor or independent examiner in addition to audit and examination fees**_ 

|Professional fees<br>_2,915_<br>_-_<br>**2,915**<br>**_Professional fees paid to advisors other than the auditor or examiner_**<br>Other legal and professional<br>-<br>-<br>**-**<br>**_Financial costs_**<br>Bank charges<br>343<br>-<br>**343**<br>Depreciation in total for the<br>period<br>10,080<br>-<br>**10,080**<br>**Total support costs - Current year**<br>**52,839**<br>**-**<br>**52,839**|**-**<br>**13**<br>**731**<br>**1,967**|
|---|---|
||**50,899**|
||**-**|



21 



## **RCCG Winners Way Chatham** 

**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015** 

## **18 Other expenditure - governance costs** 

|**_Current year_**<br>Independent examiner's fees<br>**Total governance costs**<br>Professional fees<br>**Professional fees included in**<br>**support costs at Note 17**|**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>750|**Current yearCurrent year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>**750**<br>**-**<br>**750**<br>**Current yearCurrent year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>**2,915**<br>**-**<br>**2,915**|**Prior year**<br>**Total funds**<br>**2023**<br>**£**<br>**750**|
|---|---|---|---|
||**750**|**-**|**750**|
||**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>2,915||**Prior year**<br>**Total funds**<br>**2023**<br>**£**<br>**-**|
||**2,915**|**-**|**-**|



All the expenditure in the prior year was unrestricted. 

**19 Total charitable expenditure** 

|**_Current year_**<br>Total direct spending<br>Total grantmaking costs<br>Total support costs<br>Total governance costs<br>**Total charitable expenditure**|**Current year**<br>**Unrestricted**<br>**funds**<br>**2024**<br>**£**<br>35,136<br>10,398<br>52,839<br>750|**Current yearCurrent year**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>-<br>**35,136**<br>-<br>**10,398**<br>-<br>**52,839**<br>-<br>**750**<br>**-**<br>**99,123**|**Prior year**<br>**Total funds**<br>**2023**<br>**£**<br>**33,940**<br>**11,802**<br>**50,899**<br>**750**|
|---|---|---|---|
||**99,123**|**-**|**97,391**|



22