# **Registered Charity Number 1193281**
THE REDEEMED CHRISTIAN CHURCH OF GOD HIS GLORY PAVILION Unaudited Financial Statements For The Year Ended **30th April, 2024**
Redeemed Christian Church of God
Redeemed Christian Church of God - HIS GLORY PAVILION
**Redeemed Christian Church of God - HIS GLORY PAVILION Report Of The Trustees For The Year Ended 30th April, 2024**
**REFERENCE AND ADMINISTRATIVE DETAILS Charity Number : 1193281**
## **Chairman:**
## **Principal address.**
GOLDSMITHS COMMUNITY CENTRE CASTILLON ROAD LONDON SE6 1QD
## **Worship Address.**
GOLDSMITHS COMMUNITY CENTRE CASTILLON ROAD LONDON SE6 1QD
## **Trustees**
Olubiyi Nathaniel Alade Sarah Abosede Adesina Eton Timmy Larry
## **Bankers**
BARCKLAYS BANK
## **Independent Examiner**
Paperchase Taxation 24a Sydenham Road Sydenham, London SE26 5QW
## **Redeemed Christian Church of God - HIS GLORY PAVILION Contents of The Financial Statements For The Year Ended 30th April, 2024**
||**Page**|
|---|---|
|Report of The Trustees|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Financial Statements|
5 - 6|
|Detailed Statement of Financial Activities|7|
**THE REDEEMED CHRISTIAN CHURCH OF GOD HIS GLORY PAVILION Unaudited Financial Statements For The Year Ended 30th April, 2024**
The Trustees present their annual report together with the financial statements of The Redeemed Christian Church of God His Glory Pavilion- (the church) for the year ended 30 April 2024. The Trustees confirm that the annual report and financial statements of the church comply with the current statutory requirements, the requirements of the church's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
## **STRUCTURE GOVERNANCE AND MANAGEMENT**
## **Description of the charity’s trusts**
Governing document: Trust deed The charity is a trust Trustee selection is by appointment
## **OBJECTIVES AND ACTIVITIES**
The Charity’s objects are:
The advancement of the Christian Faith The relief of poverty
A safe place for Christian worship for all people regardless of age, sex, ethnicity. Free Christmas meal (cook meal) for the Senior citizens. We provided support to people .
## **RISK MANAGEMENT**
The Trustees have conducted a review of the major risks which the Charity is exposed. A risk register has been established which identifies the major risks by area of activity, the nature of those risks, the likelihood of the risks happening and the measure taken to manage them. The Trustees review the risk register regularly at their meetings and are satisfied that systems are in place to manage the risks that have been identified. In particular, insurance cover is in place and the finances of the Charity are kept under review. Appropriate Disclosure & Barring Service check (DBS) training undertaken and, supported by regularly reviewed policies are done for all those who work with children or other vulnerable groups with the Charity.
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
## **FUTURE DEVELOPMENTS**
The church will continue 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 life- changing impact in society, plant more parishes and due to the increase in the number of members, our future plan is to accommodate those members and likely additional.
Approved by order of the board of trustees on …………………………………………..and signed on its behalf by:
....................................................... **Olubiyi Nathaniel Alade For Trustees**
1
## **Redeemed Christian Church of God Redeemed Christian Church of God - HIS GLORY PAVILION 30th April, 2024**
## **Independent Examiner's Report**
## **To the Trustees**
I report on the accounts for the year ended 30th April, 2024 set out on pages five to ten.
## **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(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. The charity's gross income does not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.
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 Commission (under Section l45(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the 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 you as 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 statements below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
1) Which gives me reasonable cause to believe that, in any material respect, the requirements which accord with the accounting records and to 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.
## **Abiodun A Adeboyejo (FCCA,ACA,FAIA)**
**Accountants 24A Sydenham Road London. SE26 5QW**
Date................................................
2
**Redeemed Christian Church of God - HIS GLORY PAVILION Statement of Financial Activities For the year ended 30th April, 2024**
|**Notes**
**Income Resources**
Incoming Resources From Generated Funds
Voluntary Income
1
Other Income
Bank interest received
**Total Income Resources**
**Resources Expended**
Physical & Spiritual Need
Governance Costs
2
**Total Resources Expended**
**NET INCOMING RESOURCES**
RECONCILATION OF FUNDS
**Total Funds Balances b/fwd**
**Total Funds Balances c/fwd**|**Notes**|Unrestricted
£
27,066
13,471
-
40,537
26,004
650
**26,654**
**13,883**
**-**
**3,846**
**17,729**|Restricted
£
-
-
-
-
**-**
**-**
**-**|**2024**
**2023**
**Total**
**Total**
**Fund**
**Fund**
**£**
**£**
27,066
18,668
13,471
-
-
-
**40,537**
**18,668**
26,004
14,172
650
650
**26,654**
**14,822**
**13,883**
**3,846**
**3,846**
**17,729**
**3,846**|
|---|---|---|---|---|
||||**-**||
The Notes Form Part of These Financial Statements
3
## **Redeemed Christian Church of God Redeemed Christian Church of God - HIS GLORY PAVILION Balance Sheet**
## **as at 30 April 2024**
|**Notes**
**FIXED ASSETS**
Tangible assets
3
**CURRENT ASSETS**
Debtors
4
Cash at bank and in hand
**CREDITORS**
Amounts Falling Due within one
Year
5
Amounts Falling Due after one
Year
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**Unrestricted Funds**
6
Unrestricted Funds
**TOTAL FUNDS**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
78
5,630
24,933
12,447
-
18,116
18,194
18,194|**2024**
**2023**
**Total Funds**
**Total**
**Funds**
**£**
**£**
78
97
5,630
2,630
24,933
2,334
12,447
750
-
-
18,116
4,214
18,194
4,311
18,194
4,311
18,194
4,311
18,194
4,311|
|---|---|---|
The financial statements were approved by the Board of Trustees on................................... and were signed on its behalf by:
## **Approved by Board of Trustees**
The Notes Form Part of These Financial Statements
4
## **Redeemed Christian Church of God - HIS GLORY PAVILION Notes to the Financial Statementss for the year ended 30 April 2024**
## **ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (issued July 2014)
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
## **1 VOLUNTARY INCOME**
|Tithes, Offering & Thanksgiving
Other Income
Interest Receivable
**2**
**GOVERNANCE COSTS**
Accountancy|**2024**
**2023**
**£**
**£**
27,066
18,668
13,471
-
-
-
40,537
18,668
**2024**
**2023**
650
650
650
650|
|---|---|
## **3 Tangible fixed assets**
**Choir Eqiupments £**
**Cost** At 1 May 2023
145
5
## **Redeemed Christian Church of God - HIS GLORY PAVILION Notes to the Financial Statementss for the year ended 30 April 2024**
|At 30 April 2024
**Depreciation**
At 1 May 2023
Charge for the year
At 30 April 2024
**Net book value**
At 30 April 2024
At 30 April 2023
**4**
**Debtors : Amounts Falling Due within one year**
**2024**
**£**
Other debtors
5,630
5,630
**5**
**Creditors: amounts falling due within one year**
**2024**
**£**
Trade Creditors
950
Other Creditors
-
12,447
**6**
**Movement in Funds**
**At 01 05 2023**
**Net**
**Movement**
**In Funds**
**£**
**£**
Unrestricted**funds**
4,311
13,883
TOTAL FUNDS
4,311
13,883
Net movement in funds, included in the above are as follows:
**Incoming**
**Resources**
**Resources**
**Expended**
**£**
**£**
**Unrestricted funds**
General fund
40,537
26,654
Total Fund
40,537
26,654|145|
|---|---|
||48
19|
||67|
||78|
||97|
||**2023**
**£**
2,630|
||2,630|
||**2023**
**£**
300
450
750|
||**At 30 04 2024**
**£**
18,194|
||18,194|
||**Movement in**
**Funds**
**£**
13,883|
||13,883|
6
## **Redeemed Christian Church of God - HIS GLORY PAVILION Detailed Statement Of Financial Activities For The Year Ended 30th April, 2024**
|**INCOMING RESOURCES**
Tithes & Offering
Other income
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Charitable Activities**
Donations & Gifts
Honorarium & Volunteer
WEM & Central Funding
Printing, postage & stationery
Church expenses
Members' welfare and training
**Governance Costs**
Accountancy fees
**Support Costs Management**
Rent
Insurance
Repairs & maintenance
Motor expenses
Software / Web Design
Depreciation charge
**TOTAL RESOURCES EXPENDED**
**NET INCOME**|**2024**
**2023**
**Total Fund**
**Total**
**Fund**
**Fund**
**£**
**£**
27,066.00
18,668.00
13,471.00
-|
|---|---|
||40,537.00
18,668.00|
||2,800.00
1,100.00
890.00
300.00
505.00
1,212.00
150.00
108.00
15,270.00
5,429.00
551.00
819.00|
||**20,166.00**
**8,968.00**|
||650.00
650.00|
||**650.00**
**650.00**|
||3,196.00
3,487.00
982.00
859.00
86.00
-
1,205.00
834.00
350.00
-
19.00
24.00|
||**5,838.00**
**5,204.00**|
|||
||**26,654.00**
**14,822.00**|
|||
||**13,883.00**
**3,846.00**|
7