2024-03-31-annual-report

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Trustees’ Annual Report for the period

From Apr 2023 Period start date To Mar 2024 Period end date

Charity name: RCCG Place of Victory for All Nations, Belfast

Charity registration number: NIC102584

Objectives and Activities


Summary of the purposes of the charity as set out in its governingdocument	●The advancement of religion ●The prevention or relief of poverty
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.	●Weekly religious services ●Weekly Youth Club ●Weekly Saturday school providing free supplementary Maths, English, Science & Computer coding classes to Primary school children requiring additional support ●Weekly food bank ●Adhoc support of individuals experiencing hardship
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	●The trustees have had regard to the Charity Commission guidance on public benefit

Achievements and Performance

	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.	●The charity held religious services on a weekly basis, both in person and virtually. These services provided spiritual, emotional and mental wellbeing benefits for participants, both in person and online. ●The charity ran a weekly youth club for young people aged 12 – 18 years, providing a safe environment for them to socialise and to learn new skills. Notable achievements in this year for the youth club were: `o`A social action project resulting in the production of an 8-episode talkshow series titled ‘Teens Talk’, where the youth chose and researched topics of importance to them and produced a talkshow where they discussed these topics with a panel of speakers in front of a live audience. `o`The youth designed and produced posters raising awareness on topical issues such as vapingand mental health. Theseposters

	were distributed to secondary schools across
	NI to use as resources. They also produced
	and distributed ‘jars of love’, containing a
	month’s worth of inspirational and
	encouraging messages, which were
	distributed to recipients in the community,
	including care homes and schools.
	`o`The youth club was featured on the BBC
	Children in Need broadcast in Nov 2023 for
	its successful social action project.
	`o`Members of the youth club were invited to
	Downing Street in early 2024 as one of 2
	youth groups representing NI at a roundtable
	discussion.
●	The charity continued to run the weekly food bank,
	providing free food and essential sanitary items for
	individuals and families on a weekly basis. Circa
	1,560 grocery packs were given out this year.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	The income for this period was £269,924, a 13% increase from the previous year. The previous year had seen a greater increase due to donations to the building fund and receipt of major grant funding for our community projects. The expenditure was £190,272, a 53% increase from the previous year. This was as a result of increased overhead costs such as rent and utilities, increased need for welfare support to relieve hardship for individuals and families, and the increased costs of running our community services.
Statement explaining the policy for holding reserves stating why they are held	Since the charity relies largely on its members’ donations, reserves are held to ensure the charity has sufficient funds to meet its obligations and provide services to the public. The amount held as reserves therefore is intended to cover the charity’s major outgoings for a 3-month period, namely: • Rent 7 Utilities • Salaries • Insurances The charity is also raising funds towards acquiring a building that will serve as its permanent base. The amount of £277,874 is held in savings for that purpose.
Amount of reserves held	£15,000
Reasons for holding zero reserves	N/A
Details of fund materially in deficit	N/A
Explanation of any uncertainties about the charity continuing as a going concern	N/A

Structure, Governance and Management

Structure, Governance	and Management
Description of charity’s trusts:	N/A
Type of governing document	Memorandum & Articles of Association
How is the charity constituted?	Company limited by Guarantee
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	Election to post

Reference and Administrative details

Charity name	RCCG Place of Victory for All Nations, Belfast
Other name the charity uses	PVN
Registered charity number	NIC102584
Charity’s principal address	3-5 Bradbury Place Belfast BT7 1RQ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Dr Funsho Abogunrin
Mr Adebayo Asaolu
Pastor Paul Dunn
Rev. Yemi Adedeji

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

Director name Dr Funsho Abogunrin Mr Bayo Asaolu Pastor Paul Dunn Rev. Yemi Adedeji

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 charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets