## THE REDEEMED CHRISTIAN CHURCH OF GOD
## **DISCIPLESHIP CENTRE**
## **THE REDEEMED CHRISTIAN CHURCH OF GOD DISCIPLESHIP CENTRE**
**TRUSTEE’S ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2021**
1
## THE REDEEMED CHRISTIAN CHURCH OF GOD
## **DISCIPLESHIP CENTRE**
||Page|
|---|---|
|Corporate Information|3|
|Board of Trustee’s Report|4|
|Independent Examiner’s Report|10|
|Statement of Financial Activities|11|
|Statement of Financial Position|12|
|Cash Flow Statement|13|
|Accounting Policies|14|
|Notes|15|
2
## **Corporate Information**
|**Registered Charity Number:**|1182021|
|---|---|
|**Company Registration Number:**|11160609|
|**Principal Office:**|77 – 79 Clarence Street|
||Portsmouth|
||PO1 4AY|
|**Parish Pastor:**|Pastor O A Fatunwase|
|**Board of Trustees:**|Pastor O E George|
||Pastor O Omotayo|
||Mr I A Adeojo|
||Mr O T David Olabode|
||Mrs M B Oyegbile|
|**Bankers:**|Barclays Bank Plc|
||Portsmouth 2|
||Portsmouth Area|
3
## **Board of Trustee’s Report**
## **1.0 Introduction**
The trustees submit their annual report and the financial statements of The Redeemed Christian Church of God - Discipleship Centre (the charity) for the year ending 31 March 2021. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
## **1.1 Public Benefit Statement**
The Trustees confirm that they have complied with the duty in section 4 of the Charites Act 2011 to have due regard to the Charity Commission’s guidance on public benefit "Charites and Public Benefit".
## **1.2 Structure, Governance and Management**
## **Status**
The charity was constituted under memorandum and articles incorporated on 22 January 2018 and is registered in England and Wales with charity number 1182021.
## **Appointment or Election of Trustees**
Trustees are appointed and or co-opted under the terms of the trust deed.
## **Policies Adopted for the Induction and Training of New Trustee's**
The induction process for a newly appointed trustee comprises an initial meeting with the Chair and other trustees, followed by short meetings with the Parish pastor on the powers and responsibilities of the trustees.
## **Organisational Structure and Decision Making**
The charity is organised so that the trustees meet regularly to manage its affairs. The Parish pastor manages the day to day administration of the church.
## **Related Party Relationships**
RCCG Discipleship Centre is a parish of The Redeemed Christian Church of God which has parishes all over the world. The parish's relationship with other parishes is governed by an 'Agreement for Common Purposes'.
4
## **Board of Trustee’s Report**
## **1.3 Objectives and Activities**
The principal object is the advancement of Christian faith worldwide and the relief of poverty. To promote any charitable activity for the benefit of the local people. To achieve its objectives, the church adopted the following strategies:
- Running seminars in the church with proven ministers of the faith to guide
- Members in the various aspect of Christian faith,
- Support for other charities and Christian events,
- Providing overseas aid and famine relief, and
- Involving in economic and community development
The activities for achieving its objectives include:
- Community outreach events
- Conferences and events
- Welfare support to members and general public, and
- Various missionary activities
## **1.4 Achievements and Performance**
The church has been engaged in various activities detailed below in pursuance of our charity objectives and public benefit.
## **Marriage Enrichment Evening**
The church continues to hold 'Marriage Enrichment Evening' event quarterly. The event focuses mainly on empowering people to build strong and healthy family relationships. The event is totally free and open to the public. Through the seminars, we have seen strong families built and broken relationships mended.
## **Children and teenagers Activities**
The Children church provides a range of activities to children of all ages (from 12 months old to nineteen years old). Bible teaching and learning is being facilitated by a group of volunteers, and resources used include the "Go Teach and Come Learn" manuals produced by a UK based Charity - GoTeach Publications Ltd, UK.
The children/teenagers church has continued to grow and we have regular attendance of about 85 children across all ages on a weekly basis. The contributions and achievements of teenagers progressing from secondary school to college and those going from college to the University was recognised and they were prayed and joyfully send forth. Each teenager was presented with a small token gift from the church.
5
## **Board of Trustee’s Report**
## **Blood Pressure UK**
Know Your Number is an example of how we contribute towards educating the public, not just about spiritual health but also about improving their physical health and well-being. We hold “Know your Number” events in partnership with “Blood Pressure UK” for a whole week in September yearly since 2013. Blood Pressure UK, previously known as the Blood Pressure Association, is the UK charity dedicated to lowering the nation's blood pressure to prevent disability and death from stroke and heart disease. Our vision is that everyone will know their blood pressure numbers, in the same way that they know their height or weight, and take steps to keep them healthy both now and in the future.
We believe the Church has played a vital role in making a difference in the lives of people affected by high blood pressure in the community. We work to ensure that high blood pressure is at the top of everyone's health agenda. Apart from checking people's blood pressure, we also give basic advice and make referrals to GP when necessary.
Due to the impact of the COVID-19 pandemic, we were unable to perform the usual activities during this period.
## **Sunday school Unit**
Weekly Sunday school lessons are being taught by a group of volunteers - Sunday school teachers - using the RCCG UK Sunday School Manuals. Sunday School teachers attend a yearly RCCG Sunday School Teachers' conference to enhance their skills and performance.
## **Information and advice**
In liaison with the church pastor, we provide general information, advice and signposting to members and any member of the public who is seeking this support.
## **Men’s Fellowship**
The men fellowship has been actively involved in empowering the men through regular monthly meetings. Activities embarked upon includes, visitation to our members, supporting members facing challenges (physically, emotionally and financially), Bible studies and prayer meetings.
## **Prayer Unit**
The prayer team holds monthly 'Faith Clinic' - special prayers for people who are in need. Members also participate in quarterly retreat and evangelism programme.
## **1.5 Grant Making Policy**
The church supports visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other RCCG Programmes. The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who
6
**Board of Trustee’s Report**
are in need.
## **1.6 Risk Management**
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 the systems are in place to mitigate our exposures to the major risks.
## **1.7 Financial Review**
The church continues to enjoy tremendous growth in its physical and spiritual life during the year, and in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust deed. This is believed would further aid the ability of the charity to fulfil her charitable objects and benefits the community.
Funding has been provided mainly through tithes and offerings by church members and through gift aid. During the year donations were made towards the church building fund. The donations were treated as designated fund and had been spent towards the project for which it was donated.
During the year to 31 March 2021, the church had total income of £89,672. At the year end, the level of reserves available for the charity’s use (i.e. unrestricted funds and not represented by fixed assets) was £147,465. Total operating charitable expenditure was £70,715 giving an operating surplus of £18,957.
The Charity’s principal funding sources are the individuals who attend the church services and partner with the ministry via monthly donations.
## **1.8 Investment & Reserve Policy**
The trustees have decided that at present, funds should be retained in banks and building societies, and as far as possible in interest bearing accounts.
The trustees' policy is to have unrestricted and uncommitted funds (cash free reserves) of £22, 500 — £45,000 to cover 3 to 6 months of resources expended. They feel that this would enable the current activities to continue if there is a significant drop in funding. It would obviously be necessary to then consider how the funding would be replaced or activities changed. The present cash free reserve of £22,500 is within the policy range.
## **1.9 Volunteers**
The church is grateful for the unstinting efforts of its volunteers who are involved in providing services for the charity. It is estimated that over 3360 hours are provided by volunteers during the year. If this is conservatively valued at £8.91 per hour, the volunteer's effort will amount to over £29,900.
7
## **Board of Trustee’s Report**
## **2.0 Future Development**
The charity continues to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make lifechanging impact in society.
8
## **Board of Trustee’s Report**
## **Trustees’ Responsibilities**
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the net income or expenditure of the charity for the year. In preparing these financial statements the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material
- departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going-concern basis unless it is inappropriate to
- presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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 appended financial statements have been prepared on the accrual’s basis and have been examined by an independent examiner, whose report is also appended.
This report was approved by the Board of Trustees on 18 January 2022 and signed on their behalf by:
**Full Name:** Mr O T David Olabode
**Signature:**
**Position:** Chairman
**Date:** 18 January 2022
9
## **Independent Examiner’s Report**
**Report to the trustees/members of:** The Redeemed Christian Church of God, Discipleship Centre **On accounts for the year ended:** 31st March 2021 **Charity No:** 1182021
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those 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 set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which give me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act;
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities 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.
## **Signed: Date:** 18 January 2022
**Name:** Tobi Labeodan, for and on behalf Chedders Ltd
## **Relevant professional qualification(s) or body (if any): ACCA**
**Address:** Synium House, Ground Floor, Shallowford Court, Henley in Arden B95 5FY
10
## **Statement of Financial Activities: Year Ended 31st March 2021**
|**Notes**
**Income:**
Donations and legacies
**1**
Other income (Grants)
**1**
**Total Income**
**Total Income**
**Expenditures on:**
Charitable Activities
**2**
Other Charitable Activities
**2**
Other Costs
**2**
**Total Expenditures**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised gains/(losses):**
Gains/(losses) on revaluation of fixed assets
Gains/(losses) on investment assets
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward at 1 April 2020
Total funds carried forward at 31 March 2021|**2021**
**2021**
**2021**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
78,102
-
78,102
11,571
-
11,571
**89,672**
**-**
**89,672**
**89,672**
**-**
**89,672**
48,735
-
48,735
20,345
-
20,345
1,635
-
1,635
**70,715**
**-**
**70,715**
**18,957**
**-**
**18,957**
-
-
**18,957**
**-**
**18,957**
145,865
-
145,865
**164,821**
**-**
**164,821**|**2020**
**2020**
**2020**|
|---|---|---|
|||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**|
|||**£**
**£**
**£**|
|||78,861
-
78,861|
|||11,709
-
11,709|
|||**90,570**
**-**
**90,570**|
||||
|||**90,570**
**-**
**90,570**|
||||
||||
|||57,371
-
57,371|
|||21,550
-
21,550|
|||753
-
753|
|||**79,673**
**-**
**79,673**|
||||
|||**10,897**
**-**
**10,897**|
||||
||||
||||
||||
|||-|
|||-|
|||**10,897**
**-**
**10,897**|
||||
|||134,968
-
134,968|
||||
|||**145,865**
**-**
**145,865**|
11
## **Statement of Financial Position: Year Ended 31st March 2021**
|**Notes**
**Fixed Asset**
Tangible assets
**3**
**Total Fixed Asset**
**Current Assets**
Loans & Advances
Accrued Income
Cash at bank and in hand
Other Debtors
**Total Current Assets**
**Creditors: amounts falling due within one year**
Other Creditors
Other Current Liabilities
**Total Creditors: amounts falling due within one year**
**Net current assets (liabilities)**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
Other Non-Current Liabilities
**Total Creditors: amounts falling due after more than one**
**year**
**Total net assets (liabilities)**
**The funds of the charity:**
Restricted Reserve
General reserves
Surplus/(Deficit) for the year
**Total charity funds**|**2021**
**£**
1,187
**1,187**
-
13,883
147,465
10,700
**172,048**
-
8,415
**8,415**
**163,633**
**164,820**
-
**-**
**164,820**
145,864
18,956
**164,820**|**2020**|
|---|---|---|
|||**£**|
||||
|||-|
|||**-**|
||||
||||
|||-|
|||23,380|
|||118,782|
|||10,700|
|||**152,862**|
||||
||||
|||-|
|||6,997|
|||**6,997**|
||||
|||**145,865**|
||||
|||**145,865**|
||||
||||
|||-|
|||**-**|
||||
|||**145,865**|
||||
||||
||||
|||134,968|
|||10,897|
|||**145,865**|
12
## **Cash Flow Statement: Year Ended 31st March 2021**
|**OPERATING ACTIVITIES**
**Net Income**
**Adjustments to reconcile Net Income to Net Cash provided by operations:**
Other Debtors
Prepayments
Accrued Income
Accruals
Loans & Advances
Depreciation
Other Creditors
**Net cash provided by operating activities**
**INVESTING ACTIVITIES**
Fixtures & Fittings
Motor Vehicles
Equipment
**Net cash provided by investing activities**
**FINANCING ACTIVITIES**
Other Reserves
**Net cash provided by financing activities**
**Net cash increase for period**
**Cash at beginning of period**
**Cash at end of period**|**2021**
**£**
18,956
-
9,496
2,092
312
(674)
**30,182**
(1,500)
**(1,500)**
**-**
**28,682**
118,782
**147,465**|**2020**|
|---|---|---|
|||**£**|
|||10,896|
||||
|||(10,000)|
||||
|||(11,451)|
|||1,329|
||||
||||
|||233|
|||**(8,993)**|
||||
||||
||||
||||
|||2,086|
|||**2,086**|
||||
||||
||||
|||**-**|
|||**(6,907)**|
|||125,689|
|||**118,782**|
13
## **Accounting Policies**
## **Scope and Basis of the Financial Statements**
The accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice Accounting and Reporting by Charities published in March 2005.
## **Income**
Revenue is recognised in the period in which the charity is entitled to receipt once the amount can be measured with reasonable certainty.
## **Expenses**
Expenditure is included in the Statement of Financial Activities (SoFA) on an accruals basis and is recognised at the point when a legal or constructive obligation arises. The majority of costs are directly attributable to specific activities. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Fixed assets**
Fixed assets with an individual purchase of £500 or more are capitalised and stated at cost less depreciation which is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:
|Fixtures and fittings|25%|
|---|---|
|Equipment|25%|
|Vehicles|25%|
14
## **Notes**
## **s**
|**Income**
Donations and legacies
**Total donations & legacies**
**Other Income Sources**
Gift Aid Receipts
Other income
**Total Income**
**Total Income**
**2.**
**Expenditures**
**Charitable Activities**
Premises
Utilities
Travel
Motoring & Transportation
Insurance
Administration
Advertising
Operations
Finance Charges
Depreciation
Honorarium
**Total Charitable Activities**
**Other Charitable Activities**
Outreach
Central Office
Welfare & Benevolence
Charitable Donations
**Total Other Charitable Activities**
**Other Costs**
Professional fees and services
Accountancy fees
**Total Other Costs**||**2021**
**£**
78,102
**78,102**
11,465
106
**11,571**
**89,672**
**2021**
**£**
20,828
3,291
78
-
631
20,506
600
1,485
504
312
500
**48,735**
631
11,990
2,375
5,349|**2020**|
|---|---|---|---|
||||**£**|
||||78,861|
||||**78,861**|
|||||
|||||
||||11,451|
||||258|
||||**11,709**|
|||||
||||**90,570**|
|||||
||||**2020**|
||||**£**|
||||22,298|
||||3,468|
||||1,083|
||||2,169|
||||628|
||||20,334|
||||625|
||||3,485|
||||795|
||||2,086|
||||400|
||||**57,371**|
|||||
|||||
||||3,076|
||||11,013|
||||2,339|
||||5,123|
|||**20,345**
-
1,635
**1,635**|**21,551**|
|||||
|||||
||||-|
||||753|
||||**753**|
15
## **Notes**
## **3. Tangible assets**
|**Tangible assets**||
|---|---|
|**Cost**
At 1 April 2020
Additions
Disposals
Revaluations
At 31 March 2021
**Depreciation**
At 1 April 2020
Charge for the year
Adjustments
At 31 March 2021
**Net Book Value**
At 1 April 2020
At 31 March 2021|**Vehicles**
**Equipment**
**Fixtures &**
**Fittings**
**Total**
**£**
**£**
**£**
**£**
2,939
32,904
15,680
**49,436**
1,500
**1,500**
**-**
**-**|
||**2,939**
**34,404**
**15,680**
**50,936**|
||2,939
32,904
15,681
**49,437**
312
**312**
**-**|
||**2,939**
**31,129**
**15,681**
**49,749**|
|||
||**-**
**-**
**-**
**-**|
||**-**
**1,188**
**(1)**
**1,187**|
## **4. Prior Year adjustments**
There are no adjustments to brought forward balances this period.
## **5. Related Party Transactions**
During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 3 under Central Office and Charitable Giving.
## **6. Trustee Remuneration & Expenses**
During the year, there were not payments or reimbursement of expenses to trustee members.
## **7. Staff cost, living accommodation and numbers**
No employee received remuneration amounting to more than £60,000 in the year
|Wages and salaries
Social security costs
Living Accommodation
**Average number of staff**
Pastoral
Admin|**2021**
17,956
1,266
10,217
**29,438**
**2021**
1
-
**1**|**2020**
17,956
1,287
9,935
**29,178**|
|---|---|---|
|||**2021**
1
-
**1**|
16