Charity number: SC042976 RCCG City of God - Glasgow Report of the Trustees and Unaudited Financial Statements For the year ended 31 December 2024 RCCG City of God - Glasgow Contents Page For the year ended 31 December 2024 |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 10| |Detailed Statement of Financial Activities|11| ## RCCG City of God - Glasgow Report of the Trustees ## For the year ended 31 December 2024 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** Our purpose as recorded in the constitution is to promote the Christian faith and its values amongst the church members and the community at large throughout Scotland, relief of poverty, advancement of religion, advancement of citizenship or community development, provision of recreational facilities and promotion of religious or racial harmony. This is achieved through holding weekly meetings and conducting programmes for the alleviation of poverty, assisting the elderly and ministering to the spiritual needs of all members of the church and society at large. ## **Objectives and aims** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **ACHIEVEMENTS AND PERFORMANCE** ## Review of Activities In the past year we have continued with the said objectives of the church. Our in-person meetings have continued weekly, with an average attendance of children, young adults and adults. Our efforts to find a building to buy that will meet the needs of the charity and expand services provision within the community have yeilded results with an identified building we have paid a deposit with completion of purchase expected in the new year. ## **FINANCIAL REVIEW** The City of God received voluntary income of £163,450 (2023 £156,765) during the year, with a surplus of £22,085 (2023: deficit 1,491). The major expected expenses for the year were Wages, Rent and World Evangelism Missions (WEM) costs. ## Funds Funds held by City of God are: Unrestricted general funds that can be used in accordance with the charitable objects at the discretion of the trustees, and restricted funds which can only be used as stipulated by the donor. ## Reserves Policy It is the policy of City of God Glasgow to maintain reserves at a level sufficient to meet planned expenditure requirements for the next month. Reserves will continue to accumulate and reflect the capital value of the assets held. ## Resources Expended Charitable costs were £141,365 (2023; £158,257) for the year. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Charity is controlled by its governing document, a constitution and is an unincorporated charity. ## Organization The board of trustees governs the activities of ‘The Redeemed Christian Church of God City of God Glasgow'. The Board meets at regular intervals to make decisions on assigning responsibility for the day to day running of activities to individual board members. ## Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **Recruitment and appointment of trustees** ## Appointment of Trustees Trustees are selected from Christians of any denomination in UK and are appointed by the agreement of existing trustees. ## Trustee Induction and Training New trustees receive training on the roles and responsibilities they are expected to fulfil. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** RCCG City of God - Glasgow 1 of 11 RCCG City of God - Glasgow Report of the Trustees Continued For the year ended 31 December 2024 **Charity registration number** SC042976 **Principal address** ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: **----- Start of picture text -----**
Independent examiners
Bankers HSBC
2 Buchanan Street
Glasgow
G1 3LB
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 24 July 2025
**----- End of picture text -----**
2 of 11 ## RCCG City of God - Glasgow Independent Examiners Report to the Trustees ## For the year ended 31 December 2024 I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 ('the 2005 Act') and the Charities and Accounts (Scotland) Regulations 2006 (as amended). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination. I report in respect of my examination of the Charity's accounts as carried out under section 44 (1)(c) of the 2005 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **Independent examiners statement - matter of concern identified** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 44(1)(a) of the 2005 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended); or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended) other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Since the Charity's has prepared its accounts on an accruals basis and is also registered in Scotland, your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed bodies. 22 July 2025 3 of 11 ## RCCG City of God - Glasgow Statement of Financial Activities For the year ended 31 December 2024 |**Notes**
**Income and endowments from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Charitable activities
3/4
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
163,450
**163,450**
(141,365)
**(141,365)**
**22,085**
123,443
**145,528**|**2023**
**£**
156,766| |---|---|---| |||**156,766**| |||(158,257)| |||**(158,257)**| |||**(1,491)**
124,933| |||**123,442**| 4 of 11 ## RCCG City of God - Glasgow Statement of Financial Position As at 31 December 2024 |**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
10
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
11
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
12
**Total funds**|**£**
**2024**
141,399
**141,399**
2,000
35,495
**37,495**
(33,366)
**4,129**
**145,528**
**145,528**
145,528
**145,528**|**£**
**2023**
32,316| |---|---|---| |||**32,316**| |||2,000
122,492| |||**124,492**| |||(33,366)
**91,126**| |||**123,442**| |||**123,442**| |||123,442| |||**123,442**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: 24 July 2025 5 of 11 RCCG City of God - Glasgow Notes to the Financial Statements For the year ended 31 December 2024 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. RCCG City of God - Glasgow meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received
**osts of charitable activities by fund type**
**Unrestricted funds**
Activity 1
Support costs
**osts of charitable activities by activity type**
**Support**
**costs**
**Activities**
**undertaken**
**directly**
**£**
**£**
**Support costs**
Activity 1
48,840
92,525|**2023**
**2024**
**£**
**£**
156,766
163,450
**156,766**
**163,450**
**2023**
**2024**
**£**
**£**
103,609
92,525
54,648
48,840
**158,257**
**141,365**
**2023**
**2024**
**£**
**£**
141,365
158,257| |---|---| ## **3. Costs of charitable activities by fund type** ## **4. Costs of charitable activities by activity type** 6 of 11 RCCG City of God - Glasgow Notes to the Financial Statements Continued For the year ended 31 December 2024 ## **5. Analysis of support costs** |**Activity 1**
Management
Governance costs
**et income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees
Staff pension contributions
**taff costs and emoluments**
Total staff costs for the year ended 31 December 2024 were:
Salaries and wages
Social security costs
Pension costs
Pastoral|**2024**
**£**
47,040
1,800
**48,840**
**2024**
**£**
5,418
1,800
2,839
**2024**
**£**
29,088
2,235
2,839
**34,161**
**2024**
0
**0**|**2023**
**£**
48,963
5,685| |---|---|---| |||**54,648**| |||**2023**
**£**
3,078
1,800
1,118| |||**2023**
**£**
37,252
3,885
1,118| |||**42,255**| |||**2023**
0| |||**0**| ## **6. Net income/(expenditure) for the year** ## **7. Staff costs and emoluments** Number of full time stff equivalents is in 2019 was 2, compared to 3 in 2018 7 of 11 ## RCCG City of God - Glasgow Notes to the Financial Statements Continued For the year ended 31 December 2024 ## **8. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. ## **9. Tangible fixed assets** |**Cost or valuation**
At 01 January 2024
Additions
At 31 December 2024
**Depreciation**
At 01 January 2024
Charge for year
At 31 December 2024
**Net book values**
At 31 December 2024
At 31 December 2023|**Land and**
**Buildings**
**£**
30,405
114,500
**144,905**
608
2,898
**3,506**
**141,399**
**29,797**|**Fixtures and**
**Fittings**
**£**
12,680
-
**12,680**
10,569
2,111
**12,680**
**-**
**2,111**|**Computer**
**Equipment**
**£**
6,803
-
**6,803**
6,395
408
**6,803**
**-**
**408**|**Total**
**£**
49,888
114,500| |---|---|---|---|---| |||||**164,388**| |||||17,572
5,417| |||||**22,989**| |||||**141,399**| |||||**32,316**| ## **10. Debtors** |**Amounts due within one year:**
Other debtors
**Creditors: amounts falling due within one year**
Other creditors|**2024**
**£**
2,000
**2,000**
**2024**
**£**
33,366
**33,366**|**2023**
**£**
2,000| |---|---|---| |||**2,000**| |||**2023**
**£**
33,366| |||**33,366**| ## **11. Creditors: amounts falling due within one year** 8 of 11 For the year ended 31 December 2024 ## RCCG City of God - Glasgow Notes to the Financial Statements Continued ## **12. Movement in funds** ## **Unrestricted Funds** |_General_
General
**Unrestricted Funds - Previous year**
_General_
General|**Balance at**
**01/01/2024**
**£**
123,443
**123,443**
**Balance at**
**01/01/2023**
**£**
124,933
**124,933**|**Incoming**
**resources**
**£**
163,450
**163,450**
**Incoming**
**resources**
**£**
156,766
**156,766**|**Outgoing**
**resources**
**£**
(141,365)
**(141,365)**
**Outgoing**
**resources**
**£**
(158,257)
**(158,257)**|**Balance at**
**31/12/2024**
**£**
145,528| |---|---|---|---|---| |||||**145,528**| |||||**Balance at**
**31/12/2023**
**£**
123,442| |||||**123,442**| ## **Purpose of unrestricted Funds** ## General Charitable Activities related to the purpose and objectives of the church. ## **Purpose of restricted funds** ## Building Fund Donation given by members of the church for the purchase of the Church building Building Fund Purchase of Building 9 of 11 ## RCCG City of God - Glasgow Notes to the Financial Statements Continued For the year ended 31 December 2024 ## **13. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General
**Previous year**
**Unrestricted funds**
_General_
General|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
141,399
4,129
145,528| |---|---| ||**141,399**
**4,129**
**145,528**| ||**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
32,316
91,126
123,442| ||**32,316**
**91,126**
**123,442**| 10 of 11 ## RCCG City of God - Glasgow Detailed Statement of Financial Activities For the year ended 31 December 2024 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Cost of direct charitable activity
**SUPPORT COSTS**
**Management**
Management
**Governance costs**
Governance costs
**Total resources expended**
**Net Income**|**£**
**2024**
163,450
**163,450**
**163,450**
(92,525)
**(92,525)**
(47,040)
**(47,040)**
(1,800)
**(1,800)**
**(141,365)**
**22,085**|**£**
**2023**
156,766| |---|---|---| |||**156,766**| |||**156,766**
(103,609)| |||**(103,609)**
(48,963)| |||**(48,963)**
(5,685)| |||**(5,685)**| |||**(158,257)**| |||**(1,491)**| 11 of 11 This page does not form part of the statutory financial statements