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2024-03-31-accounts

Trustees’ Annual Report for the period

From: April 1, 2023 To: March 31, 2024 Charity name: Sycamore Church RCCG

Charity registration number: 1199403

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The advancement of the Christian religion
mainly, but not exclusively, by means of
broadcasting Christian messages of an
evangelistic and teachingnature
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 charity aims at activities towards the
advancement of the Christian faith and
spreading the good news of salvation to
mankind. It is passionate about helping people
discover their purpose and fulfil their destiny.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 In planning for the year’s activities, the trustee
confirming that they have had regard to the
guidance issued by the Charity Commission on
public benefit. In particular, everyone lives out
their faith through worship, prayers,
developingtheir knowledge and trust in Jesus.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 The charity always carries out sufficient due
diligence on grant applicants to confirm the
identity of the applicant and that any funding
will be applied in accordance with the charity's
charitable purposes. Funds has not been
knowingly used for illegal purposes, such as
money laundering, bribery, or financing
terrorism.
Policy on social investment
including program related
investment		 Para 1.38 N/A
Contribution made by
volunteers		 Para 1.38 Donations from the charity members has been
in the best interests of the charity. All
contributions have been made in good faith by

donors consent and reasonable one in the charity's circumstances. Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 In the account year, the charity has
successfully supported many families in
poverty alleviation by providing food bank
support every Sunday. The charity has been
able to support children in strengthening their
biblical knowledge and Faith in Jesus through
integration into Sunday services.
The year has been successful in welcoming
more families and students in establishing
them in Faith.
The charity has been able to organise more
worship and prayer services for members
spiritual needs by daily prayers and particularly
every Monday morning in meeting their needs.
The charity has been able to get a 18-seater
bus for the smooth running of the charity in
supporting the members with mobility and
distribution of food materials.
Apart from its regular services, special time
was separated for the children and teenagers
as expression hours on weekends for
community drop off with dance, craft, etc.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 N/A
Performance of fundraising
activities against objectives
set		 Para 1.41 N/A
Para 1.41 N/A

Investment performance against objectives N/A Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 £11,743
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 N/A
Amount of reserves held Para 1.22 N/A
Reasons for holding zero
reserves		 Para 1.22 This is purposely for the needs of the charity in
order to meet its charitablepurposes.
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A
Additional information (optional)
You may choose to include further statements		 Additional information (optional)
You may choose to include further statements		 where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 Only donations from members
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 N/A
A description of the principal
risks facing the charity		 Para 1.46 N/A
Other N/A

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution of a Charitable Incorporated
Organisation whose only voting members are
its charity trustees
(‘Foundation’ model constitution)
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustee Appointment has been by a resolution
passed at a properly convened meeting of the
charity trustees. Though no other trustee has
been appointment since the registration.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 N/A
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 N/A
Relationship with any
related parties		 Para 1.51 N/A
Other N/A

Reference and Administrative details

Charityname N/A
Other name the charityuses N/A
Registered charitynumber N/A
Charity’s principal address N/A

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
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20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
David Oluwakayode Trustee David Oluwakayode
Ebenezer Fawibe Trustee Ebenezer Fawibe
Frank Olawale Trustee Frank Olawale

– Corporate trustees names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
N/A
N/A

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date		 David Oluwakayode Ebenezer Fawibe
David Oluwakayode Ebenezer Fawibe

Chair		 Trustee
28/01/2025
28/01/2025
Sycamore Church Sycamore Church Sycamore Church 1199403 1199403 1199403 CC16a
For the period
from		 01/04/2023 To 31/03/2024
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
2,090
1,582
2,818
833
1,687
2,700
33
-
11,743
-
-
-
11,743
113
608
39
54
124
155
17
3,555
493
227
578
5,965
3,700
1,270
4,970
10,934
809
-
-
809		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
2,090
1,582
2,818
833
1,687
2,700
33
-
11,743
-
-
-
11,743
113
608
39
54
124
155
17
3,555
-
493
227
578
5,965
3,700
1,270
4,970
10,934

809		 Last year
to the nearest £
Offerings 2,090 -
Tithe 1,582 -
CharityDonation 2,818 -
Pledge 833 -
Other Income 1,687 -
Bus Loan 2,700 -
2022-2023 Balance Brought Forward 33 -
- -
Sub total(Gross income for
AR)		 11,743 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-

Advertising		 113 -
Givingto Charity/Foodbank 608 -
LiabilityInsurance 39 -
Internet Access/Hosting 54 -
Children Meals/Entertainment 124 -
Office Supplies/Church Materials 155 -
Online Services/Deliverycharge 17 -
Church Rent/Other Expenses 3,555 -
Postage and Shipping -
Printingand Duplication 493 -
Taxes 227 -
Travel Expenses and Fuel 578 -
**Sub total ** 5,965 -
A4 Asset and investment
purchases (see table)
,
Bus Purchase		 3,700
Furniture/Church Equipment 1,270

**Sub total **		 4,970 -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
809 - -
809		 -
- - - - -
- - - - -
809 - - 809 -

1 #OFFICIAL

CCXX R1 accounts (SS)

28/01/2025

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
David Oluwakayode
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
Agreement Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
David Oluwakayode		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
David Oluwakayode David Oluwakayode 28/01/2025

2

CCXX R2 accounts (SS)

28/01/2025

OFFICIAL