THE REDEEMED CHRISTIAN CHURCH OF GOD
REVIVAL ASSEMBLY SUNDERLAND
TRUSTEE'S REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31sr DECEMBER 2022
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THE REDEENID cH￿S￿AN CHURCII OF GOD
REVIVAL ASSEMBLY SUNDERLAND
CONTENTS OF ThE FINANCIAL STATEMENT5
FOR THE YEAR ENOED 31ST DECEM8EA 1022
CONTENTS
PAGE
17efererKe and •dministrntfve delw'15
Independeni Eurnlnerfs rew1
Stslement d F•ThJncwl AaWIt
Staterneni ol Fman¢l•l PoslULYI
Notes ¢0 Ihe acuxmts
10. 12
PogL•
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THE REDEEMED CHRISTIAN CHUACH OF GOD
REVIVAL ASSEMBLY SUIIDERLAND
ORGANISATION'S INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2022
Dr Olalekan Aladwnml
Pastor Ayodele Alèdoiana
Pastor Emmanuel Owbakhoe
Mlnlster In Ch•rgQ
Pastor James Onooluwo
Prlfidp•l Office
32 General Graharn Sireet
Sunderland
5R4 7HL
Independeni Examlner
Aklniayo Ojo FCCA
Resource Accounlancy Practice
46 Hollywo(xt Way
Erlth
OA8 2qE
Bankers
Barclays 8ank PLC
Pdyr 2
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THE REDEEMED CHRISTIAN CHURCH OF GOD
REVIVAL ASSEMBLY SUNDERLANO
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31ST DECEM8ER 2022
The iruslees subrnil their report and Iinanoal slaiemeni for The Redeemed Chr15lian Church ol
ol God Revival Assembly Sunderland (The Chaniy) for the year ended 31 De(ombor 2022.
The Irusiees conlirn) that Ihe annual rLlXIrt and Iinancial slalLJmenis ol (he chariiy hove boen
In accordancLJ %yilli Ihe policiL¥5 set out in noie I lo Ihe accounts and comply wilh Ihe charity's
Irusl deed, the Charilies A¢i 201 i and Accounling and Reportin9 by Charitie5', Slatemenl of
Recommended Practicc ISORPI applicable In UK and Republic ol Ireland publlshed On 16 July
1014
WORKING NAMES
The RedLieniod Christian Church of God Revival Assembly Sunderland also irade under the
namo RCCG Revival Assembly Sunderland.
OBJECTIVES ANO ACTIVITIES
Thl principal obj￿1 ol the charity is Ihc advancement ol Chiistian faith In accordance with the
latemLtsn15 of beliefs of the evon9elicol faith. and the relief of poverty. To achieve its objettlves.
Ihe ¢hèrily adogled ihe following sirategies:
Running Chrisiian religious activilies comprisin9 of Sunday Services and midweek blble study.
Or9anising community developments pro9rammes.
IVeifarL., helps. training arid dLivelopment programmes for Individual5.
Supporting olher charilies and Chrisiian LSVLinis. and
Convening gather￿n9 of Chr1511an lagged Inter-Denominaiional Chnsiian Gaihering.
STRucfuRE, GOVERNANCE AND MANAGEME14T
RCCG Revival Assembly Sunderlond 15 constituted under a TNst t>eeO dated l January 2020.
A board of Irusioes comprb5Trng 013 rnernber5 provides Strategic leadership for the charity, while
thÈ Minister In Charge manages Ihe day lo day aciivities of iho charity.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEES
The induction process lof a newly appoinred trusiees comprises of an Initial meeting wilh the
chair ènd oiher tru51ees. lollowL)d by short meetin9S Wlth the MinisiÈr In Charge on the power5
and rLbspollsibilities o( the irusiees.
ORGANISAT1014AL sfRucfuRE AND DECISION MAKING
Thc irusiLes MLL'I rc'gularly lo managL Ihe al(airs ol the organisation. The TrlinisiLir In Chorge
ovLrsc'L Ihe SPLrilual aciiviiiL5 01 ihi. cliuwcli.
RISK MANAGEMENT
ThL. I rusiL'L45 lidvL4 dSSL'5SL4d ihe miiior nsks lo which IhL' cliarity IS LXSK)5L'd, sri partl¢ular ih05e
ri.lati*d 10 VI)L'f*¥liuiis i>nd Iinanct* ol ilie cl)aiily. aiLh S*JtisllL￿j Ihal %yslL'riis 4ifLi Iii placL' Io
mitigiilc. our i..YPO'*ures io n)aJor risks.
PaqL. J
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THE REDEEMED CHRISTIAN CHURCH OF GOD
RevwAL ASSEM8LY SUNDÉRLAND
TRUSTEE'S REPORT
FOR TrIE YEAR ENDEO 31ST DECEMBER 2022
PUBLIC 8ENÉFZTS
Tlie Church'5 Sunday and mid.weok servi￿5 afe open to Ihe general public io bulld on Iheif
Chrisiian failh. Apart from its Chufch artivities. Ihe thafily was Involved In the following
public I￿}n￿lI11 i.Ilorl5:
Or9onising seminèr5. lrniniNJ proqrammos ond even15 thai encouraged capacity and sell
L1L¥VL•lopmLbnt ol niembL*rs ol ihe communily
Holding oiitrcaches In areas ol Iniorest lo ovr community. In the year we shared the Joy ol
Chrisimas Wlth our comrnunily by organising a Carol seryice. we a150 celebrated the Mothers,
Iyellore suppowl lo mombLDrs ol the community ihrough Food Bank voucher5 ènd lood ￿rcel5
disiribulion. Hou5eholOs in our comrnunily benofiiiod ffom hoi meals and food porce15 given
.Iway by Ihe chaTIly.
Our ellorts arL' geared loward5 5UPPOrtin9 Ihe pro9rarnme5 of gur local community, promoiin9
cohcsion In our community. and Impaciing the lives ol ihe young people and Ihe elderly.
GRANT MAKING POUCY
ThLb chdiily SUPPafts olhei charilies and misyonary thai shares its objects iho advancement of
Chrislion forth and relief of poverly. Tho church gives occayonal wellare grants tD members
who are In need.
VOLUNTEERS
The Church Is 9raielul for the urtsliniing effort5 01115 yolunieer5 who are Involve¢ In providing
service5 lor the chèrily. It Is eslimaled (hat over 1000 hours was provided by volunteers dunn9
Ihe year. 11 this Is con5efvoiivcly valued at £7.50 pcr hour. the volunieors elfort wlll amount to
over £7,500.
REVIEW OF ArrivmEs
The charily coniTrnues to Linjoy Iremendous growth in its physical an(J 5piriiual life dunng the
vear, ènd In ihL. aO¥oncernent ol Chrisiian faith In ac¢ordaAce with the doctNnes ser our In the
S￿leMent ol lèith contained In our constitution.
RESERVES POUCY
Tliv IrusleL'S policy Is lo have unresiricted and uncommitled lund5 Ifffee reseThes) 10 cover 3
lu 6 inonlhs ol rL'50urcvs expendL4d. ThLy (eel Ihal Iliis would enable Ihe csJrrent activities 10
iontinuc If IhLifL 15 ony 51gnilicant drop In funding. It would obviously be necessary Ihen to
onsider how IhLi fundin9 would Ix. replaced or acliviiies ChangL￿.
PagL• 4
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THE REDEEMED CHRISTIAN CHURCH OF GOD
RevivAL ASSEMBLY SUNDERLAND
TRUSTEE'S REPORT
FOR THE PERIOD ENDED 31ST DECEMBER 2022
PRINCIPAL FUNDING
Fiindlng h47S boon Pfovlded malnly Ihrough tithos and offorlngs by church mombers and ihrough
donallons. Plodgos aro also iakon lor spoclllc proJL)cts.
FUTURE DevELOPMENTS
ThL* charlty contlnuos lo exploro vadous ways of sproadlng Ihe gospel ol Chrlst In an effectlvo
mannor. The charity Is also looklTh4 lo gfow In membershlp and contlnue to develop Its members
io mokc Ilfe-¢hangln9 Impact In Ihe communlly.
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ThE REDEEMED CHRisfIAN CHURCH OF GOD
REVIVAL ASSEMBLY SUNDERLAND
TRusfEE'S REPORT
FOR ThE YEAR ENDEO 31ST DECEMBER 2022
STATEMENT OF TRusfEES' RESPONSI8ILrnES
The Trustees are re5pon51ble lor preparfjn9 the annuol report and financlal statements In accordance
wlth appllcable laws and regulatlons.
Charity law requlres the trustees to prepare firkinclal staternents for each financlal year. Under thar
law. the trustees have elerted io prepare ihe flnanclal statements In accordance wlth the Unlled
Kingdom Generally Acceptable Accountlng Practlce (Unlted Klngdorn Accounung Standards ond
applicable law). The financial statements are requlred to glve a truo ond falr vlew of the state of
affalts of the charlty and of the surplus or doficlt of the charfty for that period. In preparlng the
rinanoal statements, the trustees are required to".
Selert sultable accountlng pollcles and apply them consistentty;
Make Judgement and estlmates that are reasonable and prudent:
- Prepare the flnandal statements on a 9olng concem basls unless It Is Inapproprfate to
presume that the company wlll contlnue In operatlon.
The trustees ￿C¢gnISe thelr responslblllties to keep proper accounting records that dlsclose with
reasonable accuracy at any tlrne the flnanclal position of the charlty and enablo them to ensure
that the financlal 5tatcrnents comply with the ChèDtie5 Act 2011. They are also re5pon5iblE for
safeguarding the 055ets of the company and hencefarth taking steps for the provention and
detection ol fraud and other Irregularltles.
The appended financial ststements have been p￿ pared an the accruals basls and have been
examined by an independent examlner, whose repol is also appendod.
Approved by tru5tee5 on
t 31-+I3
ond slgTred on Ihelr behall by:
Pastor Ayodele
Trustee
adejana
Or OlalL'
Trustee
n Aladesanml
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THE REDEEMEO CHRisfzAN CHURCH OF GOD
REVIVAL AsseMOLY SUNDERLAND
INDEPENDENT IXAb11NERS RIPORT
FOR THE YEAR ENOED 315r DECEMBER 2022
TO THE TRUSTEES OF THI REDEEMED CHRisfiAN CHURCH OF GOD - REVIVAL ASSEM8LY
SUNDERLAND
I rcport on Iho accounis of the chDrlty for tho pcrlod ended 31 December 2022 whlch 15 5Qt on
pagos 8- 12
RESPECTIVE RESPONSIBILrrIES OF THE TRUSTEES AND THE EXANINER
Tlio clitsrlly trustees are responslble for thc prcporallon ol the accounts. Tho Charlty's trustees
consldor thai) audit bs not requSred for the period undor seclion 142(2) of the Charilles Act
2011 and ihal an Independent examination is needed.
11 Is my rosponslblllly lo:
examlno Iho accounts under sectlon145 of Charitle5 Act 2011:
Icllow tho Pfocoduros lald down In the gcneral Olreciions glven by tho Charfty
Commlsslonors (under ￿￿lIon 145(5)(b) of Ihe 2011 Act; and
state wholhor partlcular mollers have (omo io my atlentlon.
BASIS OF MY EXAMINATION
My examlnatlon wos carrled out In JccordoncLJ Wlih the Gonornl Dlrectlons glven by the
Charlty Commisslon. An examlnalion IncludL5 d fLJview of the accountlng records kept by the
charity and a CQTnporison of the accounts presenrtsd with those records. It also Includes
conslderntlon of any unusual Items or d15d05urc5 In the Iccount. and seeklng explanarions
from you as Iruslees concernlng any such matlers. Ihe procedure5 undertaken do not provlde
all Ihe evldence that woyld be requlred In ali audlt. &iiid consequently no opinion Is given a5 to
whether the accounts present a -true and falr" vlew and the report Is limited to those matters
set out In the statements below.
EXAMINER'S sfATEMEifr
In connection wÉth my examination. fto matter has come to my attention:
{] ) whlch glves mc reasonable cause to belleve that In ony material respect tho Irustees
havL' not met the rcqulremonts to ensure that:
proper accounllng records are r￿t kept in accordance wllh the Charitles Act; and
accounts are prepafed which a9ree wlth the accounllng record5 and comply wllh tho
accounllnq rL•qulromonls ol (he Chaniies Aci 2011: or
(2) to which, In my oplnlon, attontlon should be drawn In order to enablo a proper und¢r-
S￿ndIrt9 of the accounts to be rooched.
Aklntayo Ojo FCCA
46 Hollywood Way.
Enlh. OA8 2QE
Pago 7
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THE AeDEEHÉD CHRXSllAN CHURCH OF GOD
REVIVAL ASSEMBLY SUNDERLAND
srATEMENT OF FINANCIAL AcnvmES
FOR ThE YEAR E14DED 31sr DecEH8ER 2022
F¥nd•
30
X411
Donaiions & voluntary IncThT
Grants S ottw irKome
Total Incomiry resouf
29.429
29.429
13.978
29.429
29.429
13.983
Resources expended
Grants payable . Instltutffjnal
t ol a￿A￿tIeS In furtherance of thadty's obj
SupFQrt Costs
management and govemanct co
Totsl r¢souf¢es expended
4.512
12.245
2,271
soo
19.528
4.Sl2
12.245
2.271
500
19.528
3.253
7,919
1,440
940
13.552
Net(outgolng)l*nctynity tES￿l¢e5 for year
9.901
9.901
431
Total fvnds at the stsrt of the ye•r
7.401
7.401
6.970
Bala￿¢ •[ the ond of the year
17,302
17.302
7.401
Pag¢ 8
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THE REDEEMED CHRISTIAN CHURCH OF GOD
REVIVAL ASSEMBLY SUNDERLAND
srATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022
Tot•1
To1•1
Notes
2021
Flxed AssÉts
Tanglble nxed assets
3.061
2,871
Current a$￿ts
Cash at bank and In hand
Debrors
15.240
4,580
450
S,030
15.240
Less: Current Uabllltles:
Credltots: Amount lalllng due wlthln
One year
Net assets
1,000
17,302
500
7.401
Hnanced BY: Charlty funds
General - resEncied
Genernl - un￿$trItted
17.302
17,302
7.401
7,401
PrècEKt.' Ac£ounuTrJ and Repxun9 by Chanuts ISORPI Issueu ',4)rGh 2008 as hb>Jlned Tor smaller thanti
Apprpved by the Trustees on
31tr_?5
an(J slgned on Ihelr behalf by:
Pastor Ayodele Alodejan
Trustee
Dr Olalekon Alad¢sanml
Trustee
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ThE REDEEMED CHRISTIAN CHURCH OF GOD
REVIVAL AsseMBLY SUNDERLAND
t40TES TO THE ACCOUNrs
FOR THE YEAR ENDED 31ST DECEMBER 2022
I. ACCOUNllNG POUCIES
(1.1) Basis ol preparatlon oi finandal statements
ThLW accounts have been p￿Pared under the hlsioTrcal cost convontlon and In accordonco
vilh the FiTwnclal Reporting Standard lor Smallcr Enlltlcs {elfecil¥e Aprll 2008) .The Iinonclal
statements havo been prepared ivllh Slatement ol Recommended Pr47ciice (SORP), -Accountlng
and Reporting by Chadtlos published In Marth 2005 and appllcable accounllng standards.
(1.2) Incomin9 resources
All incoming resour￿•$ are ineludL)d in the stolement of fir￿ncIal octlvitles when ihe ¢harlty Is
legally entitled to the Incorne and the amount can be reasonably quaniified wllh reasonoble
(1.3) Resources expended
All ￿penditureS are accounted frjr on an attnJal basts. ￿lanagement and governan￿ costs
are cost in0jr￿d In c¢nnectlon iyith administfatlon and compllance with 5talulory requlremenr
(1.4) Fixed assets ¢omprlses of muslcol equlpment and projectors cost. Depreclatkon Is
charyod at raies It5ted belo%¥ to wrlle off ttte cost ol ihe assets over thelr useful Ilves.
Musical Equiprneni
258# reduclng balanco
Compurer5 & projetto
2S% reduong balance
Un￿￿r)￿e& RcstrKtcd Resiticied un￿1￿1￿￿
Ftsnds
Funds
Funds
2022
203Z
2022
2021
- DONA'TIONS SIMILAR IIICOMING RESOURCES
Collecrions & Donations
Doiations - Equipmenfs
29,i81
48
29.4?9
29,381
48
29.429
13.768
210
13,978
3. Gi4Nfs LgCEIVED & OTrER INCOME
Grant income
Sales of manuals
4. Grants payable - Instsluttonal
FunEES
2012
2022
2021
2DII
Chanuble glvln9 -UK
Toral
4.512
4.S12
4,512
4.51?
3,?53
3,?53
sr of Instifutional grants Paid
RCCG WEM
RCCG Centrnl Office
RCCG Region's Contributlons
Tothl glanf payoble . Insliluiional
3.293
850
368
4.512
3.293
8SO
368
4.Si!
2.203
900
150
3,?53
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THE REDEEMED CHRISTXAN CHURCH OF GOD
REVXVAL ASSEMBLY SUNDERLAND
NOTES TO THE ACCOUNTS
FOR THE Y&4R ENDED 31ST DECEMBER 2022
4. COST OF CHARITABLE AcllvrnES
nds
Funds
2022
Funds
2022
2022
2021
Hall Renl
Charlty & Mlsslons
Postage & stationery
Church Group
Publlcallons
Evangellsm
Community Project & Food bank
Muslc iralniw & Llturgy
Tran5POrtation
Depreclaknon
4,550
1,380
280
370
4,550
1,380
280
370
3,300
155
364
i.'I;
412
466
2,186
392
769
1.440
12.245
412
466
2,186
392
769
1,440
12.245
179
1.200
341
1,299
1.082
7,919
5. SUPPORT cosr
Torol
Fur41s
Funds
2022
2011
2022
2021
Church Expenses
Good Women Subxrlpll¢)n
rr Consumables
Zoom Li￿nCe
welfa￿ & Ho5pltallty
Other
270
loo
279
144
183
464
355
137
1,350
246
2,271
355
137
1,350
246
2.271
6. GOVERNANCE CO
Total
Funds
F￿￿ts
FuThls
Funds
2022
500
1022
2022
500
2021
500
440
Accounlancy fees
Professlonal fees
500
500
940
7. CASH BALANCES
31.Dec
2022
31-Dec
2021
Cash at bank
15.240
15.240
4,580
4.580
Page 11
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The REDEEMED CHRISTIAN CHURCH OP GOD
REVIVAL AsseMoLY SUNDIALAMD
NOTES TO THE ACCOUNTS
FOR TME YEAR ENtJED 31ST OECEMBEA 1022
Nusxal C¢Jmputws &
Toknil
equ1&￿TrI
PrnJeciof$ 31.Oe¢ 31.0•
2022
2021
At l Jafiuary 2022
Addifions
At il 1xxt￿ 2022
2.400
1.630
4.030
1.928
4.328
1,630
5.958
4.328
1.928
4.328
At l 2022
8SO
9S8
607
482
1.089
1.457
1,440
2.L197
375
1.082
1.4S7
Al 31 Decernbv 2022
Net b•ok value
At 31 De¢ern￿r 2022
2.222
839
3.061
2.871
Ai 31 D¢￿rn￿r 2021
1.550
31-Dec
2022
31.Dec
2021
Loan w member
450
XO. CREDrroRS
3l.l>oc 31-Oec
2022
2021
11. NET INCOMING RESOURCES/(REsovAC£S EXPENDED)
s%ate6 arter Ch￿ry
31.Dec 31.Dec
2022
2021
Oepreoot•M assets ownod by the chanty
AcctyJnt•rt's tffs
1.440
500
1.082
13. TRiisfEES REI4UMERATION
31.IX
2022
t41L
NIL
31.De(
021
NIL
NIL
Ounty Ihe Irvstee rL*wved any
Dunrt9 the Y￿1. no I￿￿teL. fLK¢J¥ed any I￿1$1$ th kiThl
Pa90 12
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