Charity registration number: 1084806
Redeemed Christian Church of God - City Church
Annual Report and Financial Statements
for the Year Ended 31 December 2024

Redeemed Christian Church of God - City Church
Contents (continued)
Reference and Administrative Details
Trnstees, Report
2to3
Statement of Twstees, Responsibilities
Independent Examinevs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8t0 15

Redeemed Christiall Church of God - City Church
Reference and Administrative Details
Trustees
Sola Solanke
Mrs Sade Ofi
Aderonke Oluwalowo
1084806
ChArity Registration Number
Principal Office
14 Prdtt Mews
London
Nwi OAD
Independent Examiner
Edgar Merrell Ltd
4 Meadow Gardens
Edgware
Middl¢sex
HA8 9LH
Bankers
Barclays Bank
Swiss Cottage
131 Finchley Road
Swiss Cottage
London
NW3 6JA
Page I

Redeemed Christian Church of God - City Church
Trustees, Report
The tystees present the annual report together with the financial statements of the charity for the year ended 31
December 2024.
Objectives and activities
Publlc benefil
Offering publi¢ servie¢s of worship
Provision of foodbank to the public
Contributing to the spiritual and moral education of children
The trustees confimi that they hav¢ complied with the requirements of section 17 of the Charities Act 201 I to have
due regard to th¢ public bcnefit guidance published by the Charity Commission for England and Wales.
Achievements Vdnd performance
The Foodbank initiative was launched on 20th December 2011. Till date the number of people fed by Camden
Foodbank has incrcased from two in 201 I to 5,154 (3.677 adults and 1,477 children) in 2024. The number of ¢lients
continues to rise due to the cost-of-living crisis and inflation. The Foodbank undertook several superniarket
collections (mainly Tesco) in 2024. Collecting a total of 12,286.Olkg. Hampstead Road collection was the largest
donation for 2024 with a total of 20,092kg. Further donations from businesses, individuals, charities. schools and
churches totslled 44,066.2kg for the year 2024. The large amounts of financial and food donalions have enabled
Camden Foodbank to distribute the highest amount of food parcels since its inception. The Foodbank continues to
work closely with key social services in Camden such as the Citizens Advice Bureau (CAB) and job centres
{Kentish Town and Islington).
Financial review
The Charity's Income for 2024 representg an increase of 220/0 compared to 2023, mainly due to grants received
relating to the Foodbank. Overall expenditure inereased by 329/0 Compared to the prior year, driven mainly by the
growing activities of the Foodbank.
The entire expenditure of the Charity is directly related to its objects. The Statement of Financlal Activities, Balance
Sheet and Notes are appended to this report.
Plan$ for future periods
AIN￿ andkey obJectlvesforfythreperiodF
The church plans to continue its renewed evangelism program by teaching tnore people about the Christian religion
and sharing more inforniation about the gospel hence allowing them to liv¢ a good Christian life. Th¢ ministers of
the church will continue
to be trained to help with youth, mwTiage, parenting and bereavement counselling. the church aims to continue to
organise leadership semlnars, retreats etc to enhance the competence of church leaders. The church aims to continue
using all social media platfotms to propagate the gospel to the wider community. During the pand¢mic the church
moved services to vimal platfornis. Online meetings are now a pernian¢nt offering and there ar¢ ongoing works to
enhance the levels of service delivery. The church inlends to continue to us¢ the foodbank to make mor¢ positive
changes within our community and to impact more lives.The church intends to offer further services above food
provision to help people get out of povety.
Page 2

Redeemed Christian Church of God - City Church
Trustees, Report (continued)
AetiVin*splanned lo 4ehiev¢ aims
The chwch will conttnually Support appointed leaders lor evangclism who will guide the congregation. leaderb will
scni on rewilar tr41ning In *.DSllre *4at Ihpji p.re ivell 4&qiiippeA for new and on8￿1n£ Cbiich miniqtcl's will
Gonttnue io enrol on scheduled irtreats and confeL'ellCCS 10 aid leaderbhip and spiriwal d¢velopm¢Dt. The church will
Iso amnge soeial mcdia courses for leaders and mcmbcrs ro enhanue r¢a6hing out capabiliti&s. Th¢ plan is to
increase foodbank opening hours and to Ci)nsider additional ouil¢ts in order io reach more clients. The church will
explore other avenues tor alleviatmg povew in Camden by pamerÉng with tinanciai and benefit advisers as
nectt8sary. The church wryll explore opportu#itie5 to signpost clients to the best help avail&bl¢.
Struc¢ur& governanee and management
h'umre oJgoverMng4(JcumeHI
The Chariiy's gov¢rning document 18 the De¢laration of frusi daied 20Lb December 2000. The prirnary objects of tbe
ch￿}ry are..
- the advancerncnl ofchristian faith worldwide..
- the relief of poverty,.
counselling in rclation to marriage, youth, rarcer, parenting and bere&vemenE
- support IOT famiLieb'
Iraining leaders.
- enbauLill¥ $oLi*I and Lommunity Ante¥raiivll.
Mujor rlsks dnd mttnugtmenl vflhose rl$ks
Th¢ TrtISt￿ reLo¥nthe unLei'tdinly of ￿tllre inLume as tlie main i'isk facing Lhe Chariry.
The Tiusiees actively review the major rith" ￿￿tch the Charity faces on & regular basis and believe that nuiLiainin8
sufficient rcsourGcs in the evcnl of advcrse condillODS. The T￿stcC5 have also Cxamined other operdtional and
business risks taccd by the Charity and confirm that they hav¢ established syst¢ms 10 mitigatc any significant ri6ks.
The 8nnual report was approved by th¢ rrustees of the charity on 20 October 2025 and signcd on its behalf by:
Sola Solanke
Tiu8tre
Page 3

Redeemed Christian Church ol. God - City Church
Statement of Trnstees, Responsibilities
The trustccs are responsiblc for prep8ring the Irustres, report and the tinancial stai¢menis in accordance with thc
United Kingdom Accounting Standai'd5 (Unitcd Kingdom Generally Arceptcd Accounting Praciice) and applicable
law and regulations,
The law applicable to ch￿]u¢S requires the trustees to prepare fmancial stAlements for each tinancial year which
give a ttue and fair view ot- the SW¢ of affairs of thc charity and of the incoming rcsoui'*s and applicaiton of
rebOiULes of Lhe Chw'iry fur that period. In pi'eparing tliet*e financial statements the trusteLs aL'e required to:
select suitable uccountillg policies and then apply them consistently:
obtserve the methods and principles ill the ChariLies SORP.
make judgemerELS estimates ￿￿1 are reosonable and prndent,.
state whether applicablc a￿oUntIng standards have been tollowcd, subject to any material departures disclosed
and explain¢d in the financial ststcments- and
prepare the financial statements on the going concern basi8 utsl¢ss li is inappropriate to presume that the chariry
VAiI continue in business.
The trusteas are responsible for keeping proper Accouniing records that distlose with reasonable accuracy at any
Ume tbe financial posiiion of the Ch￿.1¢Y and enable them lo ensure thai the financi21 Sts[emen￿ comply with the
Cbariries Act 2011, Ibe Charities (Accounts and Reports) Rcgulallollb 2008, and the provisions of the constitutioIi.
The tnas1¢¢6 Jre also responsible for 8afeguoTdin8 th¢ ass¢rs of the charity £tnd hcncc for thkin8 r¢asonable steps tor
tbe preverttion det¢ction of fraud and other intgularities.
The uvsiets orc rebponsible for the njainienance and integrity of the corporate and linancial infomtstioD included on
the ckari&ible cothpany's websit¢. Lcgislation governing th¢ preparation and dis8cmination ot tinancial statements
may differ from legisl￿10n in other jwisdi¢cions.
Approved by d)e mistees of the charity on 20 Oeiober 20*S and sistted on its. behalf by..
Sola Solanke
TNste¢
Page 4

Redeemed Christian Church of Cod - City Church
Independent Examiner's Report to the trustees of Redeemed Christian Chureh of God -
City Church
I report to the tr￿Ste¢S on my examination of th¢ accounts of Redeemed Christian Church of God - City Church for
the year ended 31 December 2024.
Responsibilities and bgsis of report
As the charity tsvstees of Redeemed Christian Cbur¢h of God - City Church 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 Redeemed Christian Church of God - City Church's accounts carried out
under section 145 of the 201 l Act and in carying out my examination I have followed all the applicable Directions
given by the Charity Con)Jnission under section 145(5Xb) of the Act.
Independent examiner's statement
I have complet¢d my examination. I confirn] that no material matters have come to my attention in connection with
the examination giving me cause to believe that in any material respect..
l. ac¢ounting records were not kept in respect of Redeemed Christian Church of God - City Church as required
by section 130 of the Act. or
2. the accounts do not accord with those re¢ords' or
3. the accounts do not comply with the accounting requirements concerning the forn) and content of accounts set
out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that th¢ accounts
give a 'trut and fair view, which is not a matter considered as part of an independenl examination.
I have no concerns and have come acmss 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.
Femi Ogidan
FCCA
4 Meadow Gardens
Edgware
Middlesex
HA8 9LH
20 October 2025
Page 5

Redeemed Christian Church of God - City Church
Statement of Financial Activities for the Year Ended 31 December 2024
Unrestricted
fuDds
Restricted
fund$
Total
2024
Note
Ineome and Endoivments from..
Donations and legacies
Investsnent income
62,095
688
181,450
243,545
688
Total income
62,783
181,450
244,233
Expenditure on:
Charitable activities
Other expenditure
Total expenditure
(88,329)
747)
(127,879)
(2 I6,208)
747
89,076
127.879)
216,955
Net (expenditiJre)/income
26,293)
53.571
27,278
Net movement in ftmds
(26,293)
53,571
27,278
ReconelllAtlon of funds
Total funds brought forward
Total fimds carried forward
9,600
328,576
338,176
13
382,147
Restricted
nd$
365,454
Total
2023
Unrestricted
runds
Note
Income and Endowments from:
Donations and legacies
Investtnent income
70,258
416
128,893
199,151
416
Total income
70,674
128 893
199,567
Expenditure on:
Charitable activities
51,452
54,481)
105,933)
Total expenditure
Net income
(51,452
(54,481
(105,933
19,222
74.412
93.634
Net movement in funds
19,222
74,412
93.634
Reconelliation of funds
Total fi￿d5 brought forward
Total fimds carried forward
(9,622)
9,600
254,164
244,542
13
328,576
338,176
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2023 is shown in note 13.
The notes on pages 8 to 15 forni an integral part of these financial statem¢nts.
Page 6

Redeemed Christian Church of God - City Church
(Registration number: 1084806)
Balance Sheet as at 31 December 2024
2024
2023
Note
Flxed assets
T&ngble ats¥ets
14,034
Current Assets
Debtors
Cash at bank and in hand
io
8.000
344,860
352.860
5.500
334.062
339.562
Credlturs: Amuunts falllng du¢ withln une yar
Net currenl assets
12
1,440
1.386
351.420
338,176
Net a$sel8
365,454
338,176
FuDds of the ch2rlty:
Restrlcted income fundl
R¢stricf¢d funds
382,147
328,576
Unr￿trIcted ID¢ome fund$
Unrestricted funds
(16,693
9.600
Total funds
13
365,454
338,176
Tht financial sratements on pa8es 6 to 15 wer¢ approved by the trustees. and authoris¢d for issue on 20 October
2025 and signed on their behalf by.,
Sola Solank¢
Trnscee
The noies pages 8 to I S forni an In*gr￿ part of th¢5e financial statemettts.
Page 7

Redeemed Christian Church of God - City Church
Notes to the Financial Statements for the Year Ended 31 December 2024
l Aecountfing policies
Statement of complianee
The fmancial statements have been prepared in accordance with the second edition of the Charities Statement of
Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the Unit¢d Kingdom
and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Redeemed Christian Church of God- City Chuwh meets the defmition of a public benefit entity under FRS 102. Th¢
accounts (fmancial statements) hav¢ been prepared under the historical cost convention with items recognised at cost
or transaction valu¢ unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The trustees Consider that there are no material uncertainties about the Charity's ability to continue as a going
conr¢rn.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature
is recogni$¢d when the charity has entitlem¢nl to the incom¢, it is probable that the income will be received and the
amount can be measured with sufficient reliability.
Grants reeelvable
Grants are recognised when the ¢harity has an entitlement to the fimds and any condition5 linked to the grants have
been met. Where perforniance conditions are attached to the grant and are yet to be met, the income is recognised as
a liability and included on the balance sheet as deferred Èncome to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount Gan be measured reliably. All costs are allocated to the applicable expenditure
heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings
they have been allo¢at¢d on a basis consistent with the us¢ of resourc¢s, with central staff costs allocated on the
basis of time spcnt, and depreciation charges allocated on the portion of the asset's use. Other support costs are
allocated based on the spread of staff costs.
Charliable acllviik5
Charitable expenditure comprises those ¢osts incurred by the charity in the delivery of its activities and services for
its beneficiarAes. It includes both costs that can be allocated directly to such activities and tbos¢ costs of an indirect
nature neeessary to support them.
Granlprovlslons
Provisions for grants are made wh¢n the intention to make a grant has been communicated to the recipient but there
is uncertainty about eithw the timing of the grant or the amount of grant payable.
Page 8

Redeemed Christian Church of God - City Church
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
Support costs
Support costs include central functions and have been allocated to actlvlty cost categories on a basis consistent with
the use of resources, for example, allocating property Costs by floor areas, or per capitffj staff costs by the titne spent
arAd other costs by their usage.
Govern8n¢e eo$ts
Th¢se include the costs attributable to the charity's compliance with conSti￿tiOnal and statutory requirements,
including audiL strategic management and trustees meetings and reimbursed expcnses.
Taxatlon
The charity is eonsidered to pass the tests set out in Paragrdph I Schedule 6 of the Finance Act 201 O and therefore it
meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially
exempt from t&xation in respect of income or capital gains received within categories covered by Chapter 3 Part I I
of the co￿OratIon Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the ¢xtent that
such incom¢ or gains are applied exclusively to charitable purposes.
Tangible flxed assets
Individual fjxed assets costing £250.00 or more are initially recorded at CQSL less any subsequent accumulated
depreciation and subsequent accumulated impairment losses.
Depreelation and amortisation
Depre¢iation is provided on tangible fixed asset$ so as to write off the cost or valuatioffj less any estimated residual
value, over their expected usetsl economic life as follows,.
Trade debtors
Trad¢ debtors are amounts due from customers for merchandise sold or services perfornied in the ordinary course of
business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method less provision for impairnient. A provision for the impairn]ent of trade debtors is
established when there is objective evldence that the charity will not be able to collect aIl amounts due according to
the original terns of the receivables.
Cash and cash equivalents
C&sh and cash equivalents comprise cash on hand and call deposits, and other short-tenn highly liquid inv¢slments
that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 9

Redeemed Christian Church of God - City Church
Notes to the Financial Statements for the Year Ended 31 December 2024 (eontinued)
Borrowings
Int¢rest-bearing borrowings are initially recoTded at fair value, net of transaction costs. Interest-bearing bo￿owingS
are subs¢queThtly carried at amortised cost, Ivith the difference between the prnceeds, net of transaction costs, and the
amount due on redemption being recognised as a Charge to the Statement of Financial Activities over the period of
the relevant botrowing.
tnterest expense is recognised on the basis of the effective interest method and is included in interest payable and
similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the
liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the thist¢es discretion in fiJrth¢rance of the
objectives of the charity.
Restricted income ￿llds are those donated for use in a particular area or for specific purposes, the use of which is
restricted to that area or purpose,
Ffinancial instruments
Classlficailon
Financlal assets and financial liabilities are recognised when the charlty becomes a party to the contractual
provisions of the instjiunenl.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of th¢ ¢harity after
deducting all of its liabilities.
Recognltlon andmeasurÈmen¢
All flnancial assets and liabilities are initially measured at transaction price (including transaction costs), except for
those fman¢ial assets ¢lassified as at fair value through profit or loss, which are initially measured at fair value
(which is norn]ally the transaction price excluding transaction costs), unless the arngement constitutes a f￿anCIng
transaction. If an arrangement constitutes a fmancing transaction, the fmancial asset or financial liability is measured
at the present value of the future payments discounted at a market rate of interest for a Simil￿ debt instnunent.
Financial assets and liabilities are only offset in the statement of finaThci81 position Whe￿ and only when there exists
a legally enforceable right to set off the recognised amounts and the charity inteniL8 eith¢r to settle on a net basis, OT
to realise the asset and settl¢ the liability simultaneously.
Financial assets are derecognised when and only when a) the contracttlal rights to the cash flows from the f￿ancial
asset expire or are settled, b) the charity transfers to another p8ty substantially all of the risks and rewards of
ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and
rewards of ownership. has transferred control of the asset to angthcr paty.
Financial liabilities are derecognis¢d only when the obligation specified in the contract is discharged, cancelled or
expires.
Page 10

Redeemed Christian Church of God - City Church
Notes to the Financial Statements for the Year Ended 31 December 2024 (eontinued)
2 In¢ome from donations and legacies
Unrestrieted
funds
General
Restricted
funds
Totsl
funds
Grdnts, including capital grants.
Grants from other charities
Regular giving and capital donations
Total for 2024
87,882
93,568
87,882
155,663
62,095
62,095
181,450
243,545
Total for 2023
70,258
128,893
199,151
3 Exptndithre on ebaritable aetivitie5
Unrestricted
funds
Ceneral
Restricted
funds
Total
funds
Note
Grant funding of activities
Staff costs
Allocated support costs
Governance costs
1,525
3,115
77,924
5.765
1,525
3,115
205,803
5,765
127,879
Total for 2024
88,329
127,879
216,208
Totsl for 2023
51,452
54,481
105,933
Totsl
expenditure
4 Other expenditure
Unre5trlcted funds
GeDeral
Other
Total
funds
Note
Depreciation, amortisation and other similar costs
Other resources expended
Total for 2024
642
642
105
105
105
642
747
Pagell

Redeemed Christian Church of God - City Church
Notes to the Finaneial Statements for the Year Ended 31 December 2024 (continued)
5 Analysis of governance and support costs
Governance costs
Unrestricted
funds
Ceneral
Total
funds
tndependent examiner fees
Examination of the fmancial statements
Other governance costs
Totsl for 2024
315
5,450
315
5,450
5,765
5,765
Totsl for 2023
3R5
315
6 Staff cost$
The aggregaTr payroll cost5 were as follows:
2024
2023
Stsff costs during the year were:
Wa8¢s and salaries
3,115
2,647
No employee received emoluments of more than £60,000 during the ye
7 Independent examiner's remuneration
2024
2023
Examination of the fm8ncial statements
315
315
Page 12

Redeemed Christian Church of God - City Church
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
8 Taxation
The charlty is a registered charity and is th¢Tefore exempt from taxation.
9 T4ngible fixed assets
Furniture and
equipment
Total
Co$t
At l January 2024
Additions
11,947
14,676
11,947
14,676
At 31 December 2024
26,623
26,623
Depreeiation
At l January 2024
Charge for the year
At 31 December 2024
11,947
642
11,947
642
12,589
Net book value
At 31 December 2024
14,034
14,034
At 31 December 2023
10 Debtors
2024
2023
Other debtors
8,000
5,500
I I Cash And eash equivalents
2024
2023
Cash at bank
344,860
334,062
12 Creditors: amounts falling due withln one year
2024
2023
Accnthls
1,440
1,386
Page 13

Redeemed Christian Church of God - City Church
Notes to the Financial Statements for the Year Ended 31 December 2024 (Continued)
13 Funds
Balance st 31
Deeember
2024
Balance at I
January 2024
Incoming
resources
Resources
expended
Unrestrieted funds
General
9,600
62,783
(88,434)
127,879)
(16,051)
382,147
Reslrketed funds
328,576
181,450
Totsl funds
338,176
244,233
216,313
366,096
Balance at 31
December
2023
Balanee at I
January 2023
Incoming
resources
Resources
expended
Unrestricted
General
9,622
(70,674)
(128,893
51,452
(9,600)
(328,576)
Restrleted
254,164
54,481
Total funds
(244,542
199,567
105,933
338,176
14 Analysis of net assets betwe¢D funds
Unrestrlet¢d
funds
General
Total funds at
31 December
2024
Tangible fixed assets
Current assets
Currcnt liabilities
14,034
352,860
1,440
14,034
352,860
1,440
Total net assets
365,454
365,454
Unrestricted
funds
General
Total funds fdt
31 December
2023
Cutr¢nt assets
Current liabilities
339,562
(1,386)
339,562
(1,386)
338,176
Total net assets
338,176
Page 14

Redeemed Christian Church of God- City Church
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
15 Analysis of nel funds
At31
December
2024
At l January
2024
Cash at bank and in hand
334,062
334,062
Net debt
334,062
334,062
At31
December
2023
At l January
2023
Cash at bank and in hand
245,863
245,863
Net debt
245,863
245,863
16 Related party transaetions
Page 15

Redeerned Christian Chureh of God - City Church
Stat¢ment of Financial Activities by fund for the Year Ended 31 December 2024
Total
Total
Unrestricted Unrestricted
Funds
Funds
2024
2023
Ineome and Endowments from:
Donations and legacies
Investment income
62,095
688
70,258
416
Total income
62,783
70,674
Expenditure on:
Charitable activities
Other expenditure
Total expenditwe
(88,329)
(51,452)
(89,076
51,452)
Net (expenditure)lincome
Net movement in funds
(26,293
19.222
(26,293)
19,222
Reeoneiliation of fund$
Total fijnds brought forward
Total fimds carried forward
9,600
(9.622)
(16,693)
9,600
This page does not forni part of the sta￿tOry financial statements.
Page 16

Redeemed Christian Chureh of God - City Church
Statement of Financial Aetivities by fund for the Year Ended 31 December 2024
(continued)
Total
Restrieted
Funds
2024
Total
Restricted
Funds
2023
Income and Endowments from:
Donations and legacies
Total income
181,450
128,893
181,450
128.893
Expendlture on:
Charitable activities
(127,879)
54,481)
Total expenditure
Net income
127,879
54,481)
53,571
74,412
Net movement in funds
53,571
74,412
Reconeiliation of funds
Total fimds brought forward
Total funds carried fO￿ard
328,576
254,164
382,147
328.576
This page does not forni part of the statutory fmancial stat¢ments.
Page 17

Redeemed Christian Church of God - City Cbureh
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
Total
2024
Tolal
2023
Income and Endowments from:
Donations and legacies (analysed below)
Invesknent income (analysed below)
Total income
243,545
688
199,151
416
244,233
199,567
Expenditure on:
Charitable activTrties (analysed below)
Other expenditure (anaEysed below)
Total expenditure
(216,208)
(747}
(105.933)
(216.955)
105,933)
Net income
27.278
93,634
Net movement in fiJnds
27,278
93,634
Reeonciliation of funds
Total fvnds brought forward
Total funds carried forward
338,176
244,542
365,454
338,176
This page does not forni part of the statutory financial statements.
Page 18

Redeemed Christian Church of God - City Church
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
(continued)
Total
2024
Total
2023
Donations and legacies
Committed giving
Committed giving
Giants receivable
93,568
62,095
87.882
104,879
70,258
24.014
243.545
199,151
Investmenl Ineome
Bank interest receivable
688
416
688
416
Charilable actlvllles
Grants payabEe - individuals
Rent
Rent
Rates
Light, heat and power
Tel¢phone and fax
Wages and salaries
Wages and salaries
Stsff pensions (Defmed eontribution)- pension scheme I
Staff training
Rent
Insurance
Repairs and maintenance
Computer softwaTC and maintenance costs
Cornputer goftware and maintenance ¢osts
Printing> Postage and stationery
Trdde subscriptions
Charitable donatiODS
Lease of motor vehicles (Spot hire)
Sundry expenses
Sundry expenses
Travel and subsistence
Travel and subsistence
Hotel accommodation
Accountancy fees
Accountancy fees
(1,525)
(36,000)
(12,000)
(7,109)
(1,844)
(726)
(73,140)
(3,115)
(2,474)
(4,918)
(16,800)
(1,580)
(1,380)
(250)
(42,500)
(950)
(6,645)
(1,780)
(842)
(38,511)
(2,647)
(450)
(16,650)
(1,513)
(3.113)
(2,400)
(2,095)
(360)
(390)
(390)
(3,410)
(799)
(4,069)
(1.745)
(2,912)
(4,557)
(13,670)
(8,053)
(1,200)
(394)
(300)
(1,425)
This page does not forni part of the statutory fllwlcial statements.
Page 19
(1.795)
(369)
(1,071)

Redeemed Christian Church of God - City Church
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
(continued)
Totsl
2024
Total
2023
Consultancy fees
Consultancy fees
Legal and professional fees
Exceptional support costs
Management charges payable
Independent examinevs fee
(1,260)
(10,000)
(1,728)
(13,197)
(10,200)
50,190
(5.450)
(315)
315
216,208)
(105.933)
Other £rpendlthre
Bank interest payable
Depreciation of office equipment
{105)
642
747
This page does not fonn part of the statutory f￿ancIal statements.
Page 20