Charity number: 1185106
THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH
TRUSTEES REPORT AND ACCOUNTS
For the year ended 30 June 2021
Doc ID: 888d1a3f77dbae4b6f140c999f8edcb9a7bc8b72
THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Contents Page For the year ended 30 June 2021
| Report of the Trustees | 1 |
|---|---|
| Statement of Financial Activities | 2 |
| Statement of Financial Position | 3 |
| Notes to the Financial Statements | 4 to 6 |
| Detailed Statement of Financial Activities | 7 |
Doc ID: 888d1a3f77dbae4b6f140c999f8edcb9a7bc8b72
THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Report of the Trustees
For the year ended 30 June 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 30 June 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objective of the CIO is to advance the Christian faith for the benefit of the public in Essex and the surrounding areas in accordance with the statements of belief as the trustees from time to time think fit.
Statement on public benefit
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
Volunteers
The charity has many volunteers that assist the Church in achieving its objectives.
FINANCIAL REVIEW
In the year to 30 June 2021, the charity reported a total income of £5,962; (2020: £8,876) and a net position of (£630); 2020: £630), accumulated funds were £nil.
Reserves
The Trustees believes that unrestricted funds which have not been designated for a specific use should be maintained so that in the event of a significant drop in funding, they will be able to continue the Charity's activities and are working towards achieving reserve levels of three to six months of running costs.
Going concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Redeemed Christian Church Of God Rock Of Redemption Rehoboth Parish is a Charitable Incorporated Organisation (CIO) and is controlled by its governing document, the CIO foundation document registered on the 30th August 2019.
Recruitment and appointment of trustees
Trustees are responsible for recruiting new trustees.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOB Charity registration number 1185106 Principal address 17 Victoria House Durham Avenue Romford RM2 6JL
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mr Benson Gitau Mrs Elizabeth Maloba Mr Robert Magero Mr Francis Maloba
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 28 April 2022
Mr Francis Maloba
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THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Statement of Financial Activities
For the year ended 30 June 2021
| Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Charitable activities 3/4 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 5,962 5,962 ) (6,592 ) (6,592 ) (630 630 - |
2020 £ 8,876 8,876 ) (8,246 ) (8,246 630 - 630 |
|---|---|---|
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THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Statement of Financial Position
As at 30 June 2021
| Notes Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 8 Total funds |
£ 2021 - - - - - - - |
£ 2020 630 630 630 630 630 630 630 |
|---|---|---|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Francis Maloba Trustee
28 April 2022
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THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Notes to the Financial Statements
For the year ended 30 June 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Charitable activites
Charitable activities are those costs relating to activities carried out to meet the objectives of the charity and include directly attributed costs as well as support costs.
Taxation
The charity is exempt from corporation tax on its charitable activities.
2. Income from donations and legacies
| Unrestricted funds Donations received osts of charitable activities by fund type Unrestricted funds Charitable Activities osts of charitable activities by activity type Activities undertaken directly Charitable Activities |
2021 £ 5,962 5,962 2021 £ 6,592 2021 £ 6,592 |
2020 £ 8,876 8,876 2020 £ 8,246 2020 £ 8,246 |
|---|---|---|
3. Costs of charitable activities by fund type
4. Costs of charitable activities by activity type
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THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Notes to the Financial Statements Continued
For the year ended 30 June 2021
5. Staff costs and emoluments
| Employees | 2021 1 1 |
2020 1 1 |
|---|---|---|
6. Trustee remuneration and related party transactions
There were no trustees remuneration in the current year or the prior year.
There were no related party's transactions in the current year or the prior year.
7. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
8. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 01/07/2020 £ 630 630 Balance at 01/07/2019 £ - - |
Incoming resources £ 5,962 5,962 Incoming resources £ 8,876 8,876 |
Outgoing resources £ ) (6,592 ) (6,592 Outgoing resources £ ) (8,246 ) (8,246 |
Balance at 30/06/2021 £ - - Balance at 30/06/2020 £ 630 630 |
|---|---|---|---|---|
Purpose of unrestricted Funds
General
Unrestricted funds are available for use at the discretion of the Committee in furtherance of their charitable objectives unless the funds have been designated for other purposes.
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THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Notes to the Financial Statements Continued
For the year ended 30 June 2021
9. Analysis of net assets between funds
| Unrestricted funds General Previous year Unrestricted funds General General |
Net current assets / (liabilities) Net Assets £ £ - - Net current assets / (liabilities) Net Assets £ £ 630 630 630 630 |
|---|---|
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Doc ID: 888d1a3f77dbae4b6f140c999f8edcb9a7bc8b72
THE REDEEMED CHRISTIAN CHURCH OF GOD ROCK OF REDEMPTION REHOBOTH PARISH Detailed Statement of Financial Activities
For the year ended 30 June 2021
| INCOME AND ENDOWMENT Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Cost Of Direct Charitable Activity Total resources expended Net Expenditure |
£ 2021 5,962 5,962 5,962 ) (6,592 ) (6,592 ) (6,592 ) (630 |
£ 2020 8,876 8,876 |
|---|---|---|
| 8,876 ) (8,246 ) (8,246 |
||
| ) (8,246 630 |
7 of 7 Doc ID: 888d1a3f77dbae4b6f140c999f8edcb9a7bc8b72 This page does not form part of the statutory financial statements