IRIS Accounts Production v24.1.4.33 Other Company accounts True false Pounds 1.12.22 30.11.23 30.11.23 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110748152022-11-30110748152023-11-30110748152022-12-012023-11-30110748152021-11-30110748152021-12-012022-11-30110748152022-11-3011074815ns0:CharitableCompanyLimitedByGuarantee2022-12-012023-11-3011074815ns15:PoundSterling2022-12-012023-11-3011074815ns11:FRS1022022-12-012023-11-3011074815ns11:IndependentExaminationCharity2022-12-012023-11-3011074815ns11:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011074815ns11:FullAccounts2022-12-012023-11-3011074815ns11:CharitiesSORP2022-12-012023-11-3011074815ns16:EnglandWales2022-12-012023-11-3011074815ns11:RegisteredOffice2022-12-012023-11-3011074815ns0:Trustee22022-12-012023-11-3011074815ns0:Trustee12022-12-012023-11-3011074815ns11:CompanySecretary12022-12-012023-11-3011074815ns0:Activity82022-12-012023-11-3011074815ns0:Activity82021-12-012022-11-3011074815ns10:WithinOneYear2023-11-3011074815ns10:WithinOneYear2022-11-3011074815ns10:AfterOneYear2023-11-3011074815ns10:AfterOneYear2022-11-301107481522022-12-012023-11-3011074815ns10:OwnedAssets2022-12-012023-11-3011074815ns10:OwnedAssets2021-12-012022-11-3011074815ns10:FurnitureFittings2022-11-3011074815ns10:FurnitureFittings2022-12-012023-11-3011074815ns10:FurnitureFittings2023-11-3011074815ns10:FurnitureFittings2022-11-30
REGISTERED COMPANY NUMBER: 11074815 (England and Wales)
REGISTERED CHARITY NUMBER: 1178570



Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 November 2023

for

The Redeemed Christian Church Of God
Royal House Of Grace

The Redeemed Christian Church Of God
Royal House Of Grace






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Report of the Trustees 1

Independent Examiner's Report 2

Statement of Financial Activities 3

Statement of Financial Position 4 to 5

Statement of Cash Flows 6

Notes to the Statement of Cash Flows 7

Notes to the Financial Statements 9 to 14

The Redeemed Christian Church Of God
Royal House Of Grace (Registered number: 11074815)

Report of the Trustees
for the Year Ended 30 November 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 November 2023. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
11074815 (England and Wales)

Registered Charity number
1178570

Registered office
3 Foxglove Close
London
N9 8LW

Trustees
Ms A O Akintoye Accountant
Ms J Cookey Gam Social Worker

Company Secretary
Pastor K Cockey Gam

Independent Examiner
Olusola Makinwa
Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

Approved by order of the board of trustees on 24 August 2024 and signed on its behalf by:





Ms J Cookey Gam - Trustee

Independent Examiner's Report to the Trustees of
The Redeemed Christian Church Of God
Royal House Of Grace

Independent examiner's report to the trustees of The Redeemed Christian Church Of God Royal House Of Grace ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
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:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.








Olusola Makinwa

Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

24 August 2024

The Redeemed Christian Church Of God
Royal House Of Grace

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 30 November 2023

30.11.23 30.11.22
Unrestricted Total
funds funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 10,223 11,054

EXPENDITURE ON
Local Projects 2 948 918

Charitable activities
General 14,571 15,767

Other 1,387 2,275
Total 16,906 18,960

NET INCOME/(EXPENDITURE) (6,683 ) (7,906 )


RECONCILIATION OF FUNDS
Total funds brought forward 46,339 54,245

TOTAL FUNDS CARRIED FORWARD 39,656 46,339

The Redeemed Christian Church Of God
Royal House Of Grace (Registered number: 11074815)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Unrestricted Total
funds funds
Notes £    £   
FIXED ASSETS
Tangible assets 7 800 1,600

CURRENT ASSETS
Debtors 8 3,500 -
Cash at bank 41,174 48,914
44,674 48,914

CREDITORS
Amounts falling due within one year 9 (5,768 ) (4,125 )

NET CURRENT ASSETS 38,906 44,789

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,706

46,389

CREDITORS
Amounts falling due after more than one year 10 (50 ) (50 )

NET ASSETS 39,656 46,339
FUNDS 11
Unrestricted funds:
General fund 39,656 46,339
TOTAL FUNDS 39,656 46,339

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The Redeemed Christian Church Of God
Royal House Of Grace (Registered number: 11074815)

Statement of Financial Position - continued
30 November 2023


These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 24 August 2024 and were signed on its behalf by:





J Cookey Gam - Trustee

The Redeemed Christian Church Of God
Royal House Of Grace

Statement of Cash Flows
for the Year Ended 30 November 2023

30.11.23 30.11.22
Notes £    £   

Cash flows from operating activities
Cash generated from operations 1 (4,085 ) (6,188 )
Interest paid (155 ) (68 )
Net cash used in operating activities (4,240 ) (6,256 )

Change in cash and cash equivalents in the
reporting period

(4,240

)

(6,256

)
Cash and cash equivalents at the beginning
of the reporting period

48,914

55,170
Cash and cash equivalents at the end of the
reporting period

41,174

48,914

The Redeemed Christian Church Of God
Royal House Of Grace

Notes to the Statement of Cash Flows
for the Year Ended 30 November 2023

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
30.11.23 30.11.22
£    £   
Net expenditure for the reporting period (as per the Statement of
Financial Activities)

(6,683

)

(7,906

)
Adjustments for:
Depreciation charges 800 800
Interest paid 155 68
Increase in creditors 1,643 850
Net cash used in operations (4,085 ) (6,188 )


2. ANALYSIS OF CHANGES IN NET FUNDS

At 1/12/22 Cash flow At 30/11/23
£    £    £   
Net cash
Cash at bank 48,914 (7,740 ) 41,174
48,914 (7,740 ) 41,174
Total 48,914 (7,740 ) 41,174

The Redeemed Christian Church Of God
Royal House Of Grace

Error Messages from the Statement of Cash Flows
for the Year Ended 30 November 2023

** CURRENT YEAR - MOVEMENT IN CASH AND CASH EQUIVALENTS
AS CALCULATED IN STATEMENT OF CASH FLOWS
DOES NOT AGREE TO MOVEMENT PER STATEMENT OF FINANCIAL POSITION

COMPARE MOVEMENT ON STATEMENT OF CASH FLOWS (4,240 )


TO MOVEMENT PER STATEMENT OF FINANCIAL POSITION
CASH AND CASH EQUIVALENTS (7,740 )



The Redeemed Christian Church Of God
Royal House Of Grace

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.



Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.


The Redeemed Christian Church Of God
Royal House Of Grace

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. LOCAL PROJECTS

Raising donations and legacies
30.11.23 30.11.22
£    £   
Support costs 948 918

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.11.23 30.11.22
£    £   
Depreciation - owned assets 800 800
Other operating leases 4,515 250

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 November 2023 nor for the year ended 30 November 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 November 2023 nor for the year ended 30 November 2022.


5. STAFF COSTS

The average monthly number of employees during the year was as follows:

30.11.23 30.11.22
General Support 1 1

No employees received emoluments in excess of £60,000.


The Redeemed Christian Church Of God
Royal House Of Grace

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 11,054

EXPENDITURE ON
Local Projects 918

Charitable activities
General 15,767

Other 2,275
Total 18,960

NET INCOME/(EXPENDITURE) (7,906 )


RECONCILIATION OF FUNDS
Total funds brought forward 54,245

TOTAL FUNDS CARRIED FORWARD 46,339

7. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2022 and 30 November 2023 4,000
DEPRECIATION
At 1 December 2022 2,400
Charge for year 800
At 30 November 2023 3,200
NET BOOK VALUE
At 30 November 2023 800
At 30 November 2022 1,600

The Redeemed Christian Church Of God
Royal House Of Grace

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Amounts recoverable on contract 3,500 -

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 3,046 1,575
Other creditors 2,722 2,550
5,768 4,125

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors 50 50

11. MOVEMENT IN FUNDS
Net
At movement At
1/12/22 in funds 30/11/23
£    £    £   
Unrestricted funds
General fund 46,339 (6,683 ) 39,656

TOTAL FUNDS 46,339 (6,683 ) 39,656

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 10,223 (16,906 ) (6,683 )

TOTAL FUNDS 10,223 (16,906 ) (6,683 )


The Redeemed Christian Church Of God
Royal House Of Grace

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
At movement At
1/12/21 in funds 30/11/22
£    £    £   
Unrestricted funds
General fund 54,245 (7,906 ) 46,339

TOTAL FUNDS 54,245 (7,906 ) 46,339

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 11,054 (18,960 ) (7,906 )

TOTAL FUNDS 11,054 (18,960 ) (7,906 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
At movement At
1/12/21 in funds 30/11/23
£    £    £   
Unrestricted funds
General fund 54,245 (14,589 ) 39,656

TOTAL FUNDS 54,245 (14,589 ) 39,656

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 21,277 (35,866 ) (14,589 )

TOTAL FUNDS 21,277 (35,866 ) (14,589 )

The Redeemed Christian Church Of God
Royal House Of Grace

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 November 2023.