The Redeemed Christian Church of God Church Without Walls Keyham, Plymouth Annual Report and Unaudited Financial Statements for the Seventeen months ended 31 August 2024 Charity Number: 1202721 RCCG Church Without Walls Centre Keyham, Plymouth Charity Information for the Seventeen months ended 31 August 2024 Trustees who served in the year Olumayowa Betiku Oluwanbe Timothy Adenekan Dr 08ooluwa Shonubi Charity Commission Number 1202721 Registered Office and Correspondence Address Keyham Methodist Community Centre 45 Admiralty Street Keyham Plymouth PL2 2BR RCCG Church Without Walls Centre Keyham, Plymouth Trustees Report For the Seventeen months ended 31 August 2024 Foreword from the Trustee5: The Trustees of the Redeemed Christian Church of God IRCCGI Church Without Walls Keyham. Plymouth are pleased to present the annual report for the linancial year ending August 2024. This report highlights the church's key activities, community impact, tinancial stewardship, and strategic direction over the past year. It reflects our ongoing commitment to advancing our christr.an mission and serving the people of Plymouth and beyond. Our Purpose: The primary aim of RCCG Church Without Walls Keyham. Plymouth is to advance the Christian faith through worship. discipleship, and community outreach. To fulfil this purpose, the church.. • Provides a welcomin8 place for worship and spiritual growth • Offers pastoral care and support for individuals and familie5 • Delivers charitable services that tackle poverty. support education. and promote social cohesion What We Did This Year.. In line with our mission and charitable objectives. the church carried out a wide range of activitie5 throuEhout the year. including". Weekly Worship & Teaching-. Regular Sunday services, prayer meeting5, and Bible study sessions to support spiritual growth. Evangelism & Outreach.. Program5 focused on engaging the wider Plymouth community and Spreading the gospel rnessage. Youth & Children's Mini5try'. Activities and teachings designed to instil Christian values in young people. • Community Engagement.. Working alongside local authoritie5 and other churches to provide social and emotional support. Our Impact This year, RCCG Church Without Walls Keyham. Plymouth experienced tangible growth in its membership and made signif icant progress in spiritual outreach. Key Achievernents: A noticeable increase in church attendance and deeper engagement in discipleship programmes. Successf ul outreach events that raised community awareness of the church's mission. Stronger partnerships with charities and local organisations, improving the church's ability to reach and serve the community effectively. Financial Review- The church's finances remained stable throughout the financial year. Income Sources: Tithes and offerings Donations and gifts from members and supporters Expenditure Areas: Ministry pro8rammes Community outreach Charitable initiatives Operational and facility costs The Trustees managed the church's finances with care and responsibility, ensurin8 that every resource was directed toward fulfilling its mission. Governance and Oversight RCCG Church Without Walls Keyham, Plymouth is governed by a Board of Trustees who provide str3te8ic leadership and ensure legal and regulatory compliance. Throughout the year.. The Trustees met regularly to review financial reports. assess organisational risks. and set long-term goals. All decisions were guided by principles of transparency. accountability, and 8ood stewardship. Our Vlslon lor the Future Looking ahead, the church is focused on deepening its impact and broadening its reach within the community. Plans for the Coming Year: Enhancing youth involvement and leadership development Expandin8 social initiatives to meet practical needs in the communitv Building stronger relationships with local partners and service providers. Appreciation and Commitment.. The Trustees extend heartfelt thanks to all members, volunteers, and partners for their unwaverin8 SUPPOrt and contribution. With faith, unity, and vision, RCCG Church Without Walls Keyham, Plymouth will continue to be a beacon of hope, faith, and transformation in the lives of those it serves. ANNUALAND FINANCIAL REVIEW The Statement of Financial Activities show a net surplus for the year of £29.449. Reserves stand at £35,450 in total. of which £5,927 is held in f ixed assets. All funds are unrestricted. RESERVES POLICY The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets should ideally be between three and six months of the resources expended, which equates to £5,487 to £10,974 in the year ended 31 August 2024. At this level the Trustees feel they would still be able to carry on the Charity's activities for a few months in the event of a signif icant fall in funding. At the present time these funds stand at £ 35,450 which Is over the top of the above range. RISK MANAGEMENT The Trustees are alerted to operational and financial risks and are f ully aware of the need to maintain free reserves at the levels stated above to continue the work of the Charity and the aspirations for the future. Through this medium of periodic reporting the Trustees are exercising an active review of major risk. STATEMENT OF RESPONSIBILITIE5 OF THE TRUSTEES Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affair5 of the charity and of its incoming resources and application of resources during the year. In preparing those financial statements, the Trustees are required to: select suitable accounting policies and apply them consistently,. make judgements and estimates that are reasonable and prudent- state whether applicable accounting standard5 have been followed, subject to any material departures disc105ed and explained in the financial statements,. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity and the group will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charitie5 Act 2011. They are also responsible for safeguarding the assets ol the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Board of Trustees= Mayowa Beti Ogooluwa 5honubi INDEPENDENT EXAMINER'S REPORT TO THE RCCG CHURCH WITHOUT WALLS CENTRE KEYHAM, PLYMOUTH YEAR ENDED 31ST AUGUST 2024 I report on the attached accounts ofthe RCCG Church Without Wa115 Keyham. Plymouth I'RCCG") for the year ended 31 August 2024, in respect of an examination carried out under regulation 3 of the Church Accounting Regulations 1997 to 2Crf)l and Section 145, Charites Act 20111.the 2011 Act"). Re5pertive responsibilities oAtrustees and examiner The charitvs trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under Section 144 of the 2011 Art and that an independent examination is needed. St 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 Commissioners (under section 14515llbll of the 2011 Act- and to state whether particular matters have come to my attention. Bo5is ol Independent Exominerfs Statement My examination wa5 carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also include5 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 as set out in the statement below. Independent Examinerfs Stutement In connection with my examination. no matter has come to my attention.. iii which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 130 of the 2011 Act.. and to prepare accounts which accord with the accounting record5 and comply with the accounting requirements of the 2011 Act, have not been met- or 121 to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. A P Jopson, FCA Date IFellow of the Institute of Chartered Accountants in England & Wales) Tony Jopson & Co Ltd, Peverell Corner, 246 Peverell Park Road, Plymouth, PL3 4QG RCCG Church Without Walls Centre Ke Statement of financial activities incorporating income and expenditure account mouth For the year ended 31 August Unr•$tri¢tsd Funds R•$trl¢tod Funds Total 2024 All Unrestricted Funds Notes In¢omlng rosour¢•s Incomlng resources from gonorated funds VolLJnlary Income S1.398 51.398 Investment Income Incomlng re8ourco8 from charltabl? actlvltigs Grant and other restr￿le￿ Income Other activities Total Incomlng mour¢•8 51.398 51.398 R•sourcgs gxp•ndgd Charitable 8¢livilies 21.293 21,293 Govemance and support costs.. Bookkeeping 255 255 Independent Examination 400 400 Total r•8our¢o8 expond 21.948 21,948 Exco88 of Income ov•r •xpendlturo 29.449 29,449 RCCG Church Without Walls Centre Ke pi mouth ham Balance Sheet at 31 August Notes 2024 Fixed Asset5 Tangible asset5 5,927 5,927 Current Assets Bank Other debtors 30.014 165 30,179 Current Liabilities Creditors - amounts falling due within one year 655 655 Net Assets 35,450 Funds unrestricted Opening Balance Net Surplus (Deficit) 6.001 29,449 35,450 Net Funds 35,450 The Council of Members consider5 that the Charity is exempt from an audit and a report under Section 14411) of the Charities Act. The trustees acknowledge their responsibility for,. 11 ensuring the charity keeps accounting records which comply with the Charities Act; and accounts which give a true and fair view of the state of affairs of the charity as at inancial period, and of its income and expenditure for the period. the end of t The financial statements were approved by the Trusiees on *6 f its behalf by 2025 and signed on MayoA B iku Ogoo uwa Shonubi RCCG Church Without Walls Centre Ke ham Pl Notes to the Accounts as at 31 August 2024 l. Accounting Policies Basis of preparation of accounts The accounts were prepared in accordance with the Charities Act 2011 and the Charity Commission Statement of Recommended Prattice IFRS 1021 (revised October 20191, Accounting by Charitie5. mouth The charity has taken advantage of the exemption from preparing a cash flow statement conferred by Financial Reporting standard No. l on the grounds that if it had been incorporated as a company under the Companies Act 2006 it would have qualified as a small company. Going concern The accounts have been prepared on the going concern basis. Fund accounting Restricted funds are those that are held for specific Irestrictedl purposes and must be applied for these purposes. Designated funds comprise unrestrirted funds that have been Set aside by the trustees for particular purposes. The aim and use of each designated fund is shown in the notes to the f inancial statements but they remain unrestricted fund5. Incoming resources Voluntary income and donations are included in incoming resources when they are received, except when the donors specify that they must be used in future accounting periods or donors, conditions have not been fulfilled, then the income is deferred. Resources expended Resources expended are included in the Statement of Financial Activities on accrual basis, inclusive of any VAT, which cannot be recovered. Taxation Based on its status as a registered charity and the use of funds for charitable purposes, RCCG Overcomers House, Plymouth is exempt from corporation tax. Designated and restricted funds These are detailed in the notes to the account5 Tangible fixed assets Depreciation is based on straight line method on tangible fixed assets to write the asset5 off over the term of their estimated useful life at the following rates= Fixtures, fittings and musical instruments Motor Vehicle 20% 33.33% RCCG Church Without Walls Centre Ke ham Pl mouth Note 2 2024 Voluntary Income Offering Tithe Thanksgiving First Fruits Project donations Other donations Total voluntary income 12,455 28.948 375 633 5,555 3.432 51.398 Note 3 Charitable Actlvltles Van repairs and maintenance Events Refreshments Transport General repairs and maintenance DVLA Car and Insurance Fuel and oil Broadband Other expenses Books & Clergy materials Area Due Donations Central off ice remittance Rent Honorarium Outreach Printing and stationery Depreciation Total charitable activities 2,166 1.842 1.193 1.257 73 245 1,453 1,115 181 786 380 420 200 1,623 5,090 760 393 34 2,081 21,293 Governance & support costs 655 Total expendlture 21.948 RCCG Church Without Walls Centre Ke mouth Note 4- Fixed Assets Plant & equipment Vehicle Total Cost Cost at l April 2023 Additions Disposals C05t at 31 August 2024 4,408 3,600 8,008 4.408 3,600 8,IJ08 Depreciation Accumulated depreciation at l April 2023 Charge for year Depreciation on disposal Accumulated depreciation at 31 August 2024 20% 33.33% 882 1,200 2,081 882 1,200 2,081 Net Book Values At 31 August 2024 3.526 2.400 5,927 yle 31.8.24 Note 5 Debtors Other debtors 165 165 Note 6 Creditors Accrued expenses 655 655 RCCG Church Without Walls Centre Ke mouth 7 Funds Unrestrirted funds Unrestricted funds comprise those funds. which the trustee5 are free to use in accordance with the charitable objects. All funds are currently unrestricted. 8 There was no employee during the period under review. 9 Transaction5 With Trustees None of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity. No expenses have been received by trustees in relation to their roles as trustees and there have been no related party transactions.