**REGISTERED CHARITY NUMBER: 1084584** Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for Redeemed Christian Church Of God (RCCG) - Apada Irapada(Rock Of Redemption Parish Alb Peterson 7 Tomlins Orchard Hardwick Street Barking IG11 7LP ## Redeemed Christian Church Of God (RCCG) - Apada Irapada (Rock Of Redemption Parish |Contents of the Financial Statements|| |---|---| |for the Year Ended 31 December 2024|| ||Page| |Reference and Administrative Details|1| |Report of the Trustees|2 to 3| |Independent Examiner's Report|4| |Statement of Financial Activities|5| |Statement of Financial Position|6| |Notes to the Financial Statements|7 to 10| |Detailed Statement of Financial Activities|11| ## Redeemed Christian Church Of God (RCCG) - Apada Irapada (Rock Of Redemption Parish Reference and Administrative Details for the Year Ended 31 December 2024 ## **TRUSTEES** **PRINCIPAL ADDRESS Crayford London DA1 4PZ** Adegboyega Adefusi Kehinde A Oyewo Mrs Mutiat Kuku 24 Mayplace Avenue **REGISTERED CHARITY NUMBER** 1084584 ## **INDEPENDENT EXAMINER** Alb Peterson 7 Tomlins Orchard Hardwick Street Barking IG11 7LP Page 1 ## Redeemed Christian Church Of God (RCCG) - Apada Irapada (Rock Of Redemption Parish Report of the Trustees for the Year Ended 31 December 2024 The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The charity runs a number of community-based vehicles of transformation that focus on assisting the disadvantaged & less well off in our local communities. The charity also makes regular donations to a number of external organisations that are better placed to further advance various causes. We run youth, marriage, children's, men's & women’s-based events, Career empowerment session, business and leadership seminars for the community, and weekly foodbanks for the less privilege - ➢ The advancement of Christian Faith in the United Kingdom and abroad - ➢ The relief of persons who are in conditions of need or distress or who are sick or aged in the United Kingdom. ➢ The relief of Poverty. ## **Significant activities** - ➢ Christ for the Neighbourhood and Christmas Initiative, a community outreach event within our local environment. - ➢ Annual Dinner Night, Marriage Enrichment Weekend, Women's Breakfast Meeting & Men's Breakfast Meetings, Parenting Seminar. - ➢ Annual Family Fun Day & BBQ. Page 2 ## Redeemed Christian Church Of God (RCCG) - Apada Irapada(Rock Of Redemption Parish Report of the Trustees for the Year Ended 31 December 2024 ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** - ➢ .Annual Film Show for the Community Outreach events - ➢ Healthcare community outreach, an annual event aimed at providing free basic health checks & information to people in the community by trained practicing medical personnel - ➢ Christ for the Neighbourhood and Christmas Initiative, a community outreach event within our local environment. - ➢ Annual Dinner Night, Marriage Enrichment Weekend, Women's Breakfast Meeting & Men's Breakfast Meetings, Parenting Seminar. - ➢ Annual Family Fun Day & BBQ. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Approved by order of the board of trustees on17/07/2025 and signed on its behalf by: ........................................................................ Adegboyega Adefusi - Trustee Page 3 ## Independent Examiner's Report to the Trustees of Redeemed Christian Church Of God (RCCG) - Apada Irapada(Rock Of Redemption Parish ## **Independent examiner's report to the trustees of Redeemed Christian Church Of God (RCCG) Apada-Irapada (Rock Of Redemption Parish** I report to the charity trustees on my examination of the accounts of Redeemed Christian Church Of God (RCCG) Apada-Irapada (Rock Of Redemption Parish (the Trust) for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material 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 Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. Mrs Liljana Peterson AAT Alb Peterson 7 Tomlins Orchard Hardwick Street Barking IG11 7LP Date: 18/07/2025 Page 4 |Redeemed Christian Church Of God (RCCG)|Redeemed Christian Church Of God (RCCG)||| |---|---|---|---| |Apada-Irapada (Rock Of Redemption Parish|||| ||Statement of Financial Activities||| ||for the Year Ended 31 December 2024||| |||31.12.24|31.12.23| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||29,126|21,385| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |Support Cost||2,761|1,490| |Finance Cost|||17| |Charity Activities||19,130|19,826| |**Total**||21,891|21,333| |**NET INCOME**||7,235|52| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||31,840|31,788| |**TOTAL FUNDS CARRIED FORWARD**||39,075|31,840| The notes form part of these financial statements Page 5 ## Redeemed Christian Church Of God (RCCG) - Apada Irapada (Rock Of Redemption Parish ||Statement of Financial Position||| |---|---|---|---| ||31 December 2024||| |||31.12.24|31.12.23| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|4|0|0| |Investments|5|20,250|20,250| |||20,250|20,250| |**CURRENT ASSETS**|||| |Debtors|6|3,143|3,443| |Cash in hand||26,421|19,486| |||29,564|22,929| |**CREDITORS**|||| |Amounts falling due within one year|Amounts falling due within one year
7|(10,739)|(11,339)| |**NET CURRENT ASSETS**||18,825|11,590| |**TOTAL ASSETS LESS CURRENT LIABILITIES**|**TOTAL ASSETS LESS CURRENT LIABILITIES**|39,075|31,840| |**NET ASSETS**||39,075|31,840| |**FUNDS**|8||| |Unrestricted funds||39,075|31,840| |**TOTAL FUNDS**||39,075|31,840| The financial statements were approved by the Board of Trustees and authorised for issue on 17/07/2025 and were signed on its behalf by: ............................................. Adegboyega Adefusi - Trustee The notes form part of these financial statements Page 6 ## Redeemed Christian Church Of God (RCCG) - Apada Irapada (Rock Of Redemption Parish Notes to the Financial Statements for the Year Ended 31 December 2024 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. ## **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 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. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|29.126| |**EXPENDITURE ON**|| |**Charitable activities**|| |Support Cost|2,761| |Finance Cost|| |Charity Activities|19,130| |**Total**|21,891| Page 7 continued... ## Redeemed Christian Church Of God (RCCG) - Apada Irapada(Rock Of Redemption Parish Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**4.**
**TANGIBLE FIXED ASSETS**
Plant and
machinery
£
**COST**
At 1 January 2023 and 31 December 2024
41,159
**DEPRECIATION**
At 1 January 2022
41,159
Charge for year
-
At 31 December 2023
41,159
**NET BOOK VALUE**
At 31 December 2023
0
At 31 December 2022
0
**5.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2021 and 31 December 2024
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2024
There were no investment assets outside the UK.
**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors|Unrestricted
fund
£
7,235
31,788
31,840
Fixtures
and
Motor
fittings
vehicles
Totals
£
£
£
17,547
19,805
78,511
17,547
19,805
78,510
0
-
0
17,547
19,804
78,510
0
0
0
0
0
0
Listed
investments
£
20,250
20,250
20,250
31.12.24
31.12.23
£
£
3,143
3,433| |---|---| Page 8 continued... |||Redeemed Christian Church Of God (RCCG)||| |---|---|---|---|---| |||Apada-Irapada(Rock Of Redemption Parish||| |||Notes to the Financial Statements-continued||| |||for the Year Ended 31 December 2024||| |**7.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31.12.24|31.12.23| ||||£|£| ||Trade creditors||6,137|6,819| ||Other creditors||4,602|5,202| ||||10,739|12,021| |**8.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|At| |||At 1.1.23|in funds|31.12.24| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|31,840|7,235|39,075| ||**TOTAL FUNDS**|31,840|7,235|39,075| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|21,385|(21,333)|52| ||**TOTAL FUNDS**|21,385|(21,333)|52| ## **Comparatives for movement in funds** Page 9 continued... ## Redeemed Christian Church Of God (RCCG) - Apada Irapada (Rock Of Redemption Parish Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ## **8. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: 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|50,511|(43,224)|7,287| |**TOTAL FUNDS**|50,511|(43,224)|7,287| ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2024 Page 10 |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Tithes & offering
Gift aid
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Rent And Rates
WEM
Conference Expenses
Musicians Expenses
Evangelism and Special Events
Ministry Expenses
Books
Media expenses
Central Office
**Support costs**
**Management**
Telephone
Postage and stationery
Advertising
Sundries
Equipment’s
Travelling
**Finance**
Fixtures and fittings
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|Redeemed Christian Church Of God (RCCG)
Apada-Irapada(Rock Of Redemption Parish
Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
31.12.24
31.12.23
£
£
20,763
17,879
8,363
3,506
29,126
21,385
29,126
21,385
6,815
4,790
2,999
3,150
450
1,150
1,076
150
3,181
3,334
3,020
6,197
138
251
125
327
1,200
600
19,130 19,826
-
-
108
182
376
68

59
-
485
30
250
1,028
530
0
0
17
1,733
960
21,333
21,333
7,235
52|Redeemed Christian Church Of God (RCCG)
Apada-Irapada(Rock Of Redemption Parish
Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
31.12.24
31.12.23
£
£
20,763
17,879
8,363
3,506
29,126
21,385
29,126
21,385
6,815
4,790
2,999
3,150
450
1,150
1,076
150
3,181
3,334
3,020
6,197
138
251
125
327
1,200
600
19,130 19,826
-
-
108
182
376
68

59
-
485
30
250
1,028
530
0
0
17
1,733
960
21,333
21,333
7,235
52|Redeemed Christian Church Of God (RCCG)
Apada-Irapada(Rock Of Redemption Parish
Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
31.12.24
31.12.23
£
£
20,763
17,879
8,363
3,506
29,126
21,385
29,126
21,385
6,815
4,790
2,999
3,150
450
1,150
1,076
150
3,181
3,334
3,020
6,197
138
251
125
327
1,200
600
19,130 19,826
-
-
108
182
376
68

59
-
485
30
250
1,028
530
0
0
17
1,733
960
21,333
21,333
7,235
52| |---|---|---|---| ||
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