The Redeemed Christian aiurth of God (RCCG) Wirtory Assembly
{Registered Charity Number- 1085107)
Trustees, Annual Report and Financial Statements
forthe year ended 31 January 2021

The Redeemed Christian Church of God IRCCGI WittoryA55embly
Contents
ReferencÈ and Administrattve Details
TrLStees' Annual Report
Independent Examiner'5 Report
Statement of Financial Activtties
balan￿ Sheet
Notes to the Financial Statements

The Redeemed Christian ChLwth of God IRCCGI Victory Assèmbty
Rreference and admtnistratwe details of the charity. itstFUStee5 and advisers
Fortheyear ended 31 January 2021
ProfessorAdewale Adebaio FRCP. MBE- O)atnn3n
Mr5 Stella Oviasu
Pastorlsaac Ale5hinloye
Charity Registration No
1085107
HMRC CharltyTax fteferen￿ No
XR53622
Principal AddT•SS
Unit 14, Alzlewood's Mill
Nursery Street, Sheffield
$3 8GG
Banke
National Westminster Bank
Sheffield City CÈntre
42 High Street
Sheffield
512GE
Independent Examinor
Resource Accountancy Practice ￿rn[ted
46 Hollywood Way
Erfth
Kent
DA8 2QE

The Redeemed Chrtstran Church of God IRCCGI Wtctory Assembty
Trustees. Annual ReF*Jrt
Forthe year ended 31 January 2021
The trustees submit their rekx)rt and the finanaal statements of The Redeemed Chrrstian a)Nch of 6od IRCCGI
Victory Assemblyfor the year ended 31 January 2021. The twstees corsfirmed that the annual report and
financial of the Charity romply with the current statuttsry requirernents ofthe charitygoverning ￿C￿rnents
and the provislons of the Statement of Recomrnended Prartice ISORPI'Accounting anil Reporbng by Charities.
issued in March 2￿5.
Status
The charsty was con5tttuted under a Trust deed dated 17January 2CX)l and È5 rewstered in Ergland and Wales with
charity number 1085107 on 21 February 2WI.
Appointernent or Election of Trustees
Trustees are electg.d and cTropted underthetÈm)s of the trust deed.
Organisational 5twcture and Deasion Maknng
The charity ts orgartised in such mannerthat permitsthetrLLStees to meet and manage its affai1& The pald staff and
volunteers manage the day to day adrninr5tration of the churth.
Related Party Relationships
The charity is a parish of The Redeemed Christian Church of God IRCCGI which has pari5he5 all overthe wodd.
The charity's relationship wtth other RCCG parishes 15 governed by an Agreement for Common PLtrposes'.
Principal Fundlttg
Funding has been provided mainty through tithes and offerin85 by church memb•r
Reserve Policy
The trustees have agreed that the level of unrestricted reserve should be a minimum of onè mofith's osrtgoings,
whi¢h should include the monthly payment forthe church propervs leas
Obejcts and Activitles
The principal aims & objectNes of the thar¥ty are:
The advancement of Christian faith
Employin8 dwer5e way5 of teaching and educating rnernbers onthe knowledge of God
To give Chri51tian care and welfareto all member5 of the communty a5 necessary
To orionise children and youth activrties, to promote unrty in the course of developing
deeper spirttual growth
To prwde hosptta5ity tovssiting ministersof the Bosp
JNorkin8 in cL￿peratIOn wth other Chrr5tian Churches and Organ￿*10ns and 5UPPOrt
events with similar Christian aim5 antl objectives.

The Redeemed Christian Churth of God IRCCGI VJctoryAssembty
T￿￿ee$. Annual Rep)rt (Continued}
Fortheyear ended 31January 2021
The prlncipal actNities of the charrty include-.
The advancernent of the ChTi5tian fatth in attordènce with the doctrirtes set OLrt in the statement of fatth
COrnPaAies in the sthedule. The rdief ol p)verty. CommÉttedto building people and than8in8 livesfor good.
The spiritual and social acttviknes engaged in during the period include:
Walking in Victoryconference and the Achievers conference which were aimed at rewwng members forgreater
Impart in the daily liwng. Other5 are welcome dinrwforfresh students in Sheffield. Commun￿¥ outreach
programme5 aimed helpingthe needing vthhin the communtty xrtdfood bank SuP￿rt.
Duringthe period under F@wew, the pandemic had adveT5e effect on the actmtses of the tharity. Most of the
the events of the charttywere done wrtually. Despite thevarious lockdown challenges. the tharrty was at)le to
.support people in need via the distribLEtion of fijod stuffs and otherfinancial supports. The charity continued to
offer its counsellsng services tethnokey and in tompliance with the g¢)vemment social distancing guidelirse.
The charity beneffted from thegovernment Coronaviru5Job Retention scheme. It also received grant frr
community fund projert. Various donations were atso madeto othercharrties in sUPP)rt of theircharitabje toutse.
Statement of Tnjstees. Respon55bilitie5
The charity trustee5 are responslble for preparingthefinanual statements for e*h financial period wh
should gives a clear view of the state of affarrs of the charity and ol thÈsurplLts or deficit of the charityforthat
period. In preparKng those finanaal Statements, the tr￿￿te£s are required to:
Select 5Vttable accounting policies artd then apptythem consisteftttr.
Make jL%d8ement and estimate5 th* are r••sonable and F￿È*￿eTht.
The tru5tee5 are re5pon5iblefor keepin8 proper accounting recordswhich d￿¢10$@ wlth reasonable accuracy
at anytime the financièl rffjsition of the charity and eftablÈ the tFU5tee5 to prepare financial statements.
The trustees are a150 reswn5ible for sHFeguarding the assets of the charity and hen¢e fortaknng reasonable steps
forthe prevention of fraud and irregularities.
The trustees have de¢5ared that they have approvedthe tru5tee5 report atrKJVe.
Signed on behaw of the trustees=
Name..
AD EMJIIiC-
cbl-4-( fL F I ILUS (E65 VILtD LY kssL<(E tiv
Position=
Signature..
Date..

The Redeemed Christian Church of God (RCCG) Wictory Assembly
INDEPENDENT EXAMINER'S REPORT
FOR YEAR ENDED 31 JANUARY 2021
Independent exarninerfs report to the Trustees of the Redeemed Christian Church
of God (RCCG) Victory Assembly.
I report to the charity Trustees on my examination of the accounts of the charity for the year
ended 31 January 2021 which is set out on pages 7 to 14.
RESPONSIBILrrIES AND BASIS OF REPORT
As the Trustees of the Charity, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011fthe 2011 Aci?.
I report in respect of my examination of the Charity's accounts carried out under section 145
of the 2011 Act and in carrying out my examination I have followed the applicable dirertion5
given by the Charity Commission under section 145(5)(b) of the 2011 Act.
INDEPENDENT EXAMINER'S ￿ATEME
I have completed my examination. I confirni that no matters have come to my attention in
accordan￿ the examination giving me cause to believe that in any material respect:
l. Accounting records were not kept in respect of the Charity as required by section 130
of the 2011 Act. or
2. The accounts do not accord with those records. or
3. The accounts do not comply with the requirements con￿rning the form and content
of accounts Set out in the Charities (Account 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 independent examination.
I have no concems 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.
This report is made solely for the Charity's Trustees, as a in accordance with Part 4 of
the Charities (Accounts and Reports) Regulation 2008. My work has been undertaken so that
I might state to the Charity's Tnjstee those matters I am required to state to them in an
independent examinerfs report and for no other purpose. To the fullest extent permitted by
law, I do not accept or assume responsibility to anyone other than the Charity and the
Charity's Trustees as a body, for my work or for this report.
Akintayo Ojo FCCA
Chartered Certified Accountant
46 Hollywood Way
Erith
Kent
DA8 2QE
Date: go October 2021

The Redeemed Christian Church ¢*God IRCCGI WictoryAsswnbty
Statement of ￿nanCIal Nth%rybe5
Fortheyear ended 31 January 2021
Unrestricted Restrfcted
Funds
Funds
Total
Total
2021
2021
2021
2020
Income from:
Donattons
235.945
54.175
29J.120
244,555
Bank Interest
156
Total Incoffling Re5QUtce5
235945
54.175
290.120
244,712
Expendtture on:
CharFtsble act¥vitie5
194,305
49,331
49.331
243,636
243.636
271.089
Total expendtture
194,305
271,089
Net inc0mellexpendr(u￿I
41,640
4,844
126,3771
TTansfer5 between funds
io
Net movement in funds
41.640
4.844
126,3771
Totsl funds brought forward
8275
72.988
81263
107,640
Total fun& carried forward
49?15
77,832
127,747
81,263

The Redeemed Chr15tian Church Of6(￿ IRCC61 Assemb
Balance Sheet
As at 31 January 2021
Notes
2021
2020
Fixed Assets
Tangible Assets
4,552
4,134
Cu¥rent Assets
Debtor and Prepayments
Cash and bank balance5
6.820
9,204
118.363
74.145
Total current assets
125,183
83,349
Creditors= amount falling due within a year
8.173
6,219
Net Current A￿￿ts
117,010
77.130
Totsl assets less current liabilities
Creditor5". amount falllng due after more than one year
Tota5 NetA£sets
121.5G2
81,264
Funds of the Charity
General funds
48.574
8.276
Restrlcted illcorne fund5
io
72,988
72.988
Total funds
li
121.562
81.264
The tnJstees declared that they have approved the accounts above.
Signed on behalf of the tharity trustee&-
Name-.
MÉL
Poslrlon..
Signature=
Date..
18 Iio ILoL4

The Rede￿Tr￿ Christian Church of God IRCCGI WictoryA55eTnUy
Notestothe Accounts
Fortheyear ended 31 January 2021
l. Accoullting Policies
lal General
Thefinanual statements havÈ bÈÈrt prepared in accordance wilh Accounting and Reportin8 by Charities:
Statement of Retommended Practice applicableto thariknes preparingtheir accounts in accordance with
the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFK$ 1021 leffective I
January 20151. Charrty SORP. the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 and the CompaniesArt 2￿6. The finanaal statements have also thpted Charities SORP IFRS
1021 Bulletin l and havetsken the exemption notto prepare a ¢ash ftow statement.
Redeemed Christian Church of Grxl IRCCGI WictoryAssemL4y meets the definition of a public benefft
entlty under FKS 102.
Ibl Going concern
The accounts have been prepared on a goirtg concern bas asthe Trustees beiievethat no rn*erial
uncertaintie5 exist.TheTru5tees have considered the Iwel of fund5 hdd and the expected of
income and expendrture urtrtil January 2021. The budgeted income and expendÈture is suffiaent with the
level of reseryes forthe ¢harrtyto be a￿et0 continue a5 a going COn￿M.
Icl Income
Income is recognised in the SOFAwhen the tharity has entr(lementtothe*Jnds, ary perform4n
Conditions attathed to the monies have been met. the receipt of the income t5 probable and its amount
Can be reliably measured.
Incomefrgrn government and othgr 8Trnts, whether'caprtal. Brant or'revenue, grants. 15 reu)gni5ed when the
Charity has entitlementtothe fund5, any perfom)ance condslions atwhed tothe gF3nts have been met. it is
piobable that the incorne will be r￿eNed and the arnountcan be measured relfably antl is not deferred.
Idl Expenditure and liabtlities
Expenditure is recognised oncethere is a legal or construth obligation to make a Pa￿nent to athird party. it 15
probable that settlement will be required aftdthe amount of the obligation can be measured retiabty.
IrreThrable VAT is charged as z c05t a￿inStth* actmty for which the wenditure was incurred.
lel Tanglble fixed assets
All assets costing morèthan £4CQ are cawtslised and valued at historical c05t
Depreciation has been calculated to wrrtÈ down the cost or valuation. less estimated restdual value, of all
tangible fixed 05sets overtheir expected useful lives on a straight line basis.

The Redeemed Christian Churth of God IRCCGI IfictoryAssemb
NotL%totheA¢tsurtts IG)ntinuedl
For the year ended 31 January 2021
The applicable rate5 are=
MU￿1-Media equipment
25%
Musical equipment
Furnitu￿ & ￿ equipment
Vehicle
25%
12.5%
If) Cash and cash equivalents
Cash and cash equyalents u)mprise &75h on hand and call deposits, and other short-temi highly liquid
investments that are re￿I$1Y concertibleto a known amountof cash and arÈ subjectto an i￿gnIficant risk of
ch6n8e tn value.
Igl Trade debtors
Trade dÈbtDrs are amounts due from £ustomew5forserwces performed in the 0rdinaryc0u￿¢ gf l>usiness.
Trade debtors are recognised initialty at the transaction price. They are sub5equerttly measured at amortised cost
using the etFective interest method, less prow5ion for imphiTmenL A Fmtsion forthe impairnient of trade
debtors Is established when there is obFectNe thatthe company will not be able to collett all amounts
due accordingtothe orignal terms of the receivables.
Ihl Trade credito
Trade credttor5 are obliotions to pay for goods or5er¥ice5 that have been acqurrÈd in the ordinary course of
business from supplier5. Accounts payable are dassffied a5 CLtrrent liabilthe5 rfthe thartty does not have an
unconditional right at the end of re￿￿ting period, to deFersettlement of the tedrtorfor at least tsvelve rnonths
afteT the reporting date. tf there is an uncorsditional riBht to defer settlementfor at l*ast ￿e[Ve after the
reporting date, they are presented as non-wrrent laibilities.
Trade creditors are recognised initialty3t thetransaction Pri￿ and subsequently measured at amort¢sed cost
usingthe effective interest method.
111 Fund accounting
Unrestricted funds are donatiQn5 and pther income receivable orgenuated forthe objects of the organi5ation
without further specified purpose and are available as general funds.
Restrirted funds are donations whith the donor ha5 spertfied areto be solely used for particular areas of thÈ
charity's work or for spec?fic artistic projects beÉng vndertaknne bythe tharity.
til Pen5Tons
The organsation has defined contributions pension sche￿. ContribLrtions are charged ir¢ the accounts as they
become payable in accordance wtth the rules of eh scheme.

The Redeemed thTFStian Church of God IRCCGIYictory A55embJy
NotestotheAccounts Icontinuedl
Forthe year ended 31 January 2021
unreStrirt￿ Restrirted
FLtnd5
Fund5
Total
Total
2021
2021
2021
2020
2. Incomefrom grants and donation5
rithe and offerings
197,948
197,948
2(￿),330
Thanksgiwng
5.939
5339
7.671
11.9551
Decline card donatio
203,887
203￿87
206,046
Seed donation5
479
479
3,471
Grants
54,175
54,175
fjrft Aid claimable
31,580
31,580
35,038
235,945
54,175
290,120
244,555
3. Expendlture on charrtable aciivtkne5
Fund5
Fund
Totsl
Totsl
2021
2020
Staff cost
128.585
44,185
172,770
161,997
Payroll fees
510
510
510
Honorarium & expenses- guest minthr5
5.274
5,274
Charitable grft5 & offering
6329
6,329
6.223
Depreciation charge
1541
1,541
1,223
Church rental Costs
23.670
23.670
55,517
Repairs and maintenan
759
759
1,295
Hotel and accommodation
205
205
3,158
Utilities
3,492
Insurance. licenses and legal fe
4218
4.218
5.556
Stationery, printing and pubiicty
625
625
1.610
Telephone, Internet and postage
4,151
4,151
4.839
Subscription and publications
6.6￿)
7,200
Bank and card receipt faality tharge5 and ÉnterL8t
Travel
1,670
1,670
1262
2,048
3.647
116
iJ46
Refreshments
TrainiThg and staff development
4.561
335
Independent examination
Total Resourtes Expended
600
6CX)
194305
49.331
243,636
271.089

The Reileemed (hristian ChLtrch of God IRCCGI Wictory Assembly
Notesto the Accounts IContinLkedl
Forthe year ended 31 January 2021
4. Staff Costs and number5
2021
2020
Unfestricted Restricted
Total
Salaries
105.596
H.185
149,780
139,154
12,113
I3.0￿)
2,931
Employer's National Insuran
Employels ￿loWanCe
Pension Q>st
12,974
14.CWI
3216
iowK)
12.974
14.(X)01
3,216
10,800
172,770
Pastoral Scheme
10,8
128,585
44.185
161.997
No employee re￿iVed emoluments of more than £60.C￿. The average TrLtmberof staff durinE the yearwa$ 7
12020-. 61
5. Fees paid tothe independent examinerf5 or￿nIS?li0n
2021
2020
Independent examiner's fee
600
6. Trustees remuneration. benefft5 & expenses
Trustees recived no rernuneration. beneffts or expenses in this pwiod.
ulti-merfia Furnitufe &
Musical
Equipment tt Equiprnent Equipment
7. Tangible Fixed Assets
Cost of valuation
vÈh￿l￿
Total
as at l February 2020
60.471
36.783
30,617
129.471
Addition
1.494
1,959
Disposa15
as * 31 January 2021
61964
37.249
30,617
131.430
Depreciatio
as at l February 2020
Charged forthe period
215
58994
866
35,952
331
30,176
147
125337
1.541
Disposals
as at 31 January 2021
413
59.860
36283
30323
126.878
Net Bookvalue
a5 at 31 January 2021
1.188
2.105
966
294
4,552
as at 31 January 2020
1.385
1,476
831
441
4.134

The Redeemed chri￿lan Church of God IRCCGI VlcioryAssemb
Note5 tothe Ac£ounts (Continued)
Forthe year erÈded 31 January 2021
8. Debto
2021
2020
Other debtors
6.820
9.204
9. Credttors- amountfalling due wtthin one year
2021
2020
Trade Creditors
Othertaxw & 50clol security
Arrruals
7.573
5,619
8,173
6.219
Balance F* Incoming
2020
r¢Èoufces expended Transfers
Balance Jan
10. Restricted funds
2021
Buildingfund
72.988
72,988
72,988
72,988
Balance
Incoming
Resource5
expended
Balance
Prforyefrr ¢omyrati
TraJ¥sf*rs
Buildingfund
72,988
72,988
72.988
72,988
Building Fund
The charity is looking to purchase her property. Spethfft¢ donotion5 are being ratsal forthis.
Unrestricted Resiricted
Funts
Funds
11. Net Assets byfund
Total 2021
Fixed assets
4.552
44.022
4.552
Net Cyr￿nt assets
72,988
72,988
117,010
48.574
121.562
Unrestricted Restricted
Funds
Funds
Prior year comparatNe
Total 2020
Flxed assets
4,134
4,142
4,134
Net current assets
72.988
77.130
8,276
72.988
81264
Pa8e 13