## **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 ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** Signed: Full Name: Angela Ifonlaja Position: Secretary Date: 22/01/25