REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)
CITY OF DAVID
REPORTS & FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
CHARITY NUMBER: 1091990

REDEEMED CHRtSTIAN CHURCH OF GOD (RCCG)
CITY OF DAVID
L al and Administrative Information
CONSTITUTION
The charity is constituted under a Trust Deed with registered charity number 1091990.
TRUSTEES
The trustees who served during year ended were as follow:
Olufemi Alabi (Chair)
Adewale Taoreed Alli
Samuel Adah Odaudu
Damola Akindutire
CHURCH
RCCG City Of David
Snodhurst Bottom
Walderslade Road
Chatham
Kent ME5 OLU
BANKERS
Barclays
HSBC
CAF
INDEPENDENT EXAMINER
Flourish Global Consulting
(A firni with Chartered Accoutitants & Management Consultants)
Unit 9 Challenge House
616 Mitcham Road
Croydon CRO 3AA
Page I

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)
CITY OF DAVID
Contents
Page
Legal and administrative inforniation
Trustees, Report
Independent Examiners, Report
Statement of Financial Activities
Balance Sheet
Notes forniing part of the financial statements
10-12

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)
CITY OF DAVID
Trustees Report For The Year Ended 31st December 2024
The Trustees present their report together with the accounts for the Vear ended 31 st December
2024. The accounts have been prcparcd in accordance with th¢ Statement of Recommended
Practice 2005 and other applicable laws.
Structure Governance and Mana
ement
The charity is constituted under a Trust Deed with registered charity number 1091990.
a) Method of Appointment or Election of Trustees
The management of the church is the responsibility of the Trustees who are elected and
coopted under the tenns of the Trust Deed.
b) Policies Adopted for the Induction and Training of Trustees
The induction process for any newly appointed member of the trustees comprises an
initial meeting with other Chair and other Trustees: followed by a series of short meetings
with the Minister in Charge on the powers and rcsponsibilities of the Trustees.
e) Organisational Structure and Decision Making
The Charity is organis¢d so that th¢ Trust¢¢s meet r¢gularly to manage its affairs
There is an administratorlaccount personnel that handle the daily affairs of the charity.
d) Risk Management
The Trustees have assessed the major risks to which the charity is exposed, in particular
those related to the operations and finances of the charity.. and are satisfied that systems
are in place to mitigate our exposure to the major risks.
Page 2

Redeemed Christian Church of God (RCCG)
City Of David
Obiectives and Actii'ities
a) Policies and Objectives
The objectives of the church are to advance the Christian religion for the public benefit in
accordance with the doctrines of our Lord Jesus Christ, through the holding of prayer
meetings, lectures, evangelism, distributing of literature and tracts. broadcasting and such
charitable means as th¢ trustees considcr appropriatc" and the relief of poverty.
b) Strategies for Achieving Objectives
The Charity has adopted the following strategies for achieving the above objectives:
Organising seminars and events with proven speakers and ministers of the faith to guide
members in the various aspects of the Christian faith: and support for other charities and
Christian ¢v¢nts.
e) Activities for Achieving Objeetives
Advancement of christian religion.
Community outreach events.
Provision of welfare support to members.
Provision of support to other charities.
Conferences and Events.
d) Grant making Policies
In line with the object of th¢ charity: to rclief poverty and the advancemcnt of Christian
religion worldwide. The charity has a policy of supporting missionary organisations such as
the Festival of Life, World EN'angelism Mission and other charities and members of
the congregation who are in need. (this is at the discretion of the trustees).
e) Volunteers
The charity is grateful for the good efforts of its volunteers who are involved in service
provision. The charity has a volunteer coordinator to ensure that best value is derived
from the sterling efforts of our volunteers.
Page 3

Redeemed Christian Church of God (RCCG)
City Of David
Achievements and Perforniance
a) Review of Activities
The charity is consolidating the gains of preN"ious development and has successfully
ministered to the needs of various social groups within and outside th¢ church. The charity
provides forum for manpower development for its members to be equipped, educationally,
socially and spiritually. It offers various counselling sessions to the needy.. unemployed, and
educational and makes referral whenever the need arises.
The charity provides counselling services to members of the community. We have also
embarked on various training programmes to equip more church volunteers with the relevant
counselling skills that will help them serve the communit), better. We continue to support and
encourage young p¢opl¢ by prol iding a Youth Church where t¢enag¢rs mcct on Sunday
afternoon under a caring, supportive and encouraging atmosphere.
The charity still continues to fulfil its main objectives. by creating facilities to help develop
the whole man, spiritually. mentally and physically. We havc invested time. energy and
money into activities and programmes that has helped prevent youth crimes, depressions in
people, child abuse and such social vices that are eating deep into our society.
Financial Review
a) Reserves Policy
The trustees have established a policy whereby the unrestricted funds not committed or
invested in tangible fixed assets ('the free reserves,) held by the church should be 3 months
of annual expenditure. At this level: the trustees feel that they would be able to continue the
current activities of th¢ church in the evcnt of a significant drop in funding.
b) Principal Funding
This is provided mainly through voluntary offerings and tithes by church members and
through gift aid scheme. Pledges are also taken for specific projects.
Page 4

Redeemed Christian Church of God (RCCG)
City Of David
Plans for the Future
a) Future Developments
The charity aims as part of fulfilling its main objectives, to continue to explore various ways
of spreading the gospel of Christ in an effective manner. The charity is also looking to grow
in mcmbcrship and continue to develop its members to make life-changing impact in society.
Statement of Trustees, Responsibilities
The Truste¢s arc responsible for preparing the Annual report and Financial stat¢mcnts in
accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year.
Undcr the law the Trustees havc elected to prepare the financial statements in accordance with
United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting
Standards and applicable law). The financial statements are required by law to give a true and
fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that
period. In preparing thesc financial statcments: the trustees arc r¢questcd to:
Select suitable accounting policies and then apply them consistently;
. Make judgements and estimates that are reasonable and prudent:
Statc whether applicabl¢ accounting standards and statements of rccommended practic¢
have been followed: subject to any departures disclosed and explained in the financial
statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to
presumc that the charity will continu¢ in operation.
Page 5

,d{y￿ed Cbrilttsn ChttrEh bf CDd (RCCQ
City Of bsvld
The Tr￿S￿es are responsi ble for keeping proper accountLllg records. wbicb disclose Wkth
reasonable accl￿acY at any tsme the f￿anCIal posjtion of the charity and Eo enablL them to
ellsure that tinanci￿ statements comply witlj thl General Directions given by tlie Lharkty
Lorninission. -J.1￿Y are also responsible for sateguaith, Trg tlie assets of the charity and hence
for takEDg reasonable steps for the PYL?verAtiorA &tecttoTr ot" fraud arAd other irregul￿[ties.
rovlll
Yhis report approved by the l)oard of tnBiees on . 0_111012025
its beh]l( by:
Samuel Ajah Odaudu
..alld signed on
Sign&tLLre:................... .............. ..
01-10-2025
hge6

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)
CITY OF DAVID
Accountants / Inde
endent Examiner's Re
ort For The Year Ended 31st December 2024
We have examined the financial statements on pages 2 to 12 which have been prepared in accordance
with the accounting policies set out on page 4.
Respective responsibilities of the trustees and independent examiner
The charity trustees are reponsible for the preparation of the financial statements.
The trustees consider that an audit is not required for this year (under section 144 (2} of the charities
(Act 2011) (the 201 l act).
It is our responsibility to..
examine the account5 (under section 145 of the 201 l Act-
. follow the procedures laid down in the General Directions given by the Charity Commission
(under section 145(5)(b) of the 201 l Act; and
to state ￿'hether particular matters have come to my attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the Genernl Directions given by the Charity
Commission. An examination include5 a review of the accounting records kept by the organisation
and a comparison of the accounts presented with those records. It also includes consideration of unusual
items or disclosures in the accoLmts and, seeking explanalion from you as trustees concerning any such
matters. The procedures undertaken do not provide all the eviden¢e that would be required in an audit
and consequently, we do not express an audit opinion on the vieiv given by the accounts.
It is our responsibility to fonn an independent opinion, based on my examination. on ihose financial
statements and to report on my opinion.
Independent Eiaminer's Statement
In connection with our examinalion, no matter has come to or attention"
l ) which gives u5 reasonable cause to believe that in any material respect the requirement5
to keep accounting records in accordance with section 130 of the 201 l Act- and
• to prepare acounts which accord with the accounting records and to comply w'ith the accounling
requirement of the 2011 Act have not been met.
2) to which, in our opinion, attention should be drawn ITJ Order to enable a proper UT]deTStanding of the
accounts to be reached.
Signed-
(A rim) ￿1th Chartered A¢counianis & Management Consulthnts)
Unit 9 c.hallenge Hous
616 LNliccham Road
C.TQ)don CRO 3AA
Date..
8th October 2025
Page 7

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)
CITY OF DAVID
Stalement Of Finaneial Activities For The Year Ended 31st December 2024
Notes
Unreslricted
Fund
Restricted
Fund
Tolal
2024
2023
Incoming Resources
Voluntary Sources - tithes, offerings,
donations, thanksgiving, etc
Gift Aid Reclaim
455.696
455,696
297,422
55.407
55,407
33,357
Miscellaneous receipt-
other income
investment income
11.693
11,693
122,289
Total incoming resources
522,796
522,796
453,068
Resources Expended
Cost of generating funds
in furtherance of the charity's objectives
Management & Administration of Chariti
185,010
163,912
254,053
207,481
Total resources expended
439,063
371 J93
Net incoming resources l (outgoing) resources
83.733
81,675
Oiher recognised gains and losses
Gross Transfer between funds
Net movement in funds for the year-
Net incomel(expenditure) for the )'ear
83,733
81,675
Total funds brought forward 11112024
Prior Year Adjustments
Prior Year.4djustments
1,393,608
(18)
(2,724)
1,311,934
(i)
Total Funds Carried Fonvard A¢ 31st December 2024
1,474,599
I J93,608
Sign:..
01-10-2025
Page 8

REDEEMED CH.RIsTI￿N CHITRCH OF GOD (RCCG)
ctry OF DAVID
BalaTrtt Sbttl_4J At 3J5t Dtc*mbÈr 2(124
Ftsod
'T4Lft&hblc &￿ts
I,993.£9&
1,936.87%
CMrrÈnt &wts
tkbtor
C&hgi and tn tsatjd
511.803
491.33LI
519.PA13
495J31b
cl￿11￿￿. t raIll￿ w'ktkln v
13S.6(K
tMrYÈnt aiJÈts
378.103
3S6.730
CredFiirL' falw Atlèr )'ear
1897.400}
Totsl L￿11 Lkthlllllèx- ILt&blltbÈJ)
I,474J99
lJ93.ts•1
74RESTRlCtED FUNDS
Fund
t3tri.*ed fllJLds
iirixiLyL￿ fklfftds
1.474.5
1.393ts0%
Fund b&larrt
1,474
lJg3,ÉqlJl
ard of NA¥de'.
Samuel Ajah Odaudu
DalL.
01-10-2025

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)
CITY OF DAVID
Piotes-I'o-I'he Trinanci41 Statements Tr-or-fhe l ear Ended 31st December 2024
l. Accollnting Policies
l.l) Accounting Convention
The financial Statetnents has been prepared under the historical cost conTrention. in accordance Thith
applicablL UK Accounting Standords and also i￿"11h thc rc¢ommcndaiions in th¢ Stwwncnt of R¢comincndcd
Accounting Practice (SORP) Accounting and RetN)rting b!, Chariiies- issued in October 2005.
The Chatitv has taken adN'antage of the exernption of Financial Reporting Standard No. l frorn the
rcquir¥mcnts to produc¢ a C￿h Floiv Statcmcnt on th¢ ground thai li qualifics as a small charilv applicablc
acounting standards and ihe charities SORP Israiemeni olRecommended Praciicel.
1.2) Fund AceouDtillg
General funds are unresiricied funds. which are ai'ailable for use ai ihe discreiion of the trusiees in furtherance
of ihe general objecii%es of the eompan!. and i%'hich haie noi been desiw)ated for other purposes.
De￿ignated fiujds cornpiise unrestricted funds that have been set aside b!" the trustees for paniculat PUqM)SeS.
Thc aim and usc of Lach d¢si￿al¢d fund ii.ill thcn bL- out.
1.31 Tangible fixed assets
Tangiblc fixcd asscts ar¢ includld ai cost.
Depreciation is provided Lin all tangible fi.xed assets at raies calcUla￿d io ￿rile off ihe
cosi over iheir expecied ugeful liTres as lollows
Fixture￿, fittings & equipments
Motor N'chiclcs
2￿/0 iTrTitten doiim 17lue
20fy/• Hyittcn doiTrm i'aiu¢
1.41 Incoming Resourcts
Jncome is Tnainl). from Tr"oluntary contributioT]s frotn mefftbets olthe church and bank interest
rccciv¢d which arc includcd in thc financial siat¢m¢nts.
1.51 Resourees expended
All expenditure is accounted for on an acctual basis and are classified under headings thai aggregate all costs
rclatLd to th¥ caicgoTh' on a consisicni basi5 5.car to J'car. Manag¢m¢nt ond administyation COSLS arc thosc
inCu￿ed in connection wilh adminisrraiion of ihe organisaiion and compliance iKith consriNiional and
siaiuiory requirements
2. Debtors
2024
2023
Oiher debtors
8.000
4,000
2024
2023
3. Creditors: AmollDt falling due after one )'e*r
l.oan l- indil'iduals
Llian 2- RCCG Nigeria
i97,400
500.000
897.400
400.000
500.000
900,VOO
Page 10

Rcd¢¢m¢d C.hri$tian C.hur¢h of Cod IRCC.GI
City Of David
-Yotes continued...........
4. Fixed A55etS
Building
Fiiturts
Fi¢ling5 &
LqDipments
Motor
'thirk5
Offite
2024
Total
Teehniral
Equipment
Cost
Ai l January 2024
Additilins
1.894.42i
38.560
94.)79
12.706
12$ i09
20,979
19,821
239.909
33,685
At 31 December 2024
1.9i2.983
107.285
146.488
19,821
27i..594
Depreciation and amounts written off
Ai l JanuaTr' 2024
Charge for (he year
At 31 December 2024
92,768
99,731
4,95.5
2.97i
92.768
12.254
9).671
109,082
7,928
10.5,022
Net Book Value
At 31 December 2024
1,932,983
11,614
37.406
11,893
1,993,896
At 31 December 2023
1.894.423
14,866
1,936.878
5. Creditors: Amount faUiDg due within ODe Trear
2024
2023
l.oan from RCCG COD Cambridgc
Loan from I'astor
Accruals
2i.000
115.1)00
i_700
23,000
115,000
600
141,71
138,61)0
6. Incoming re50llrces
Llnrcstrict¢d
funds
Rcstrictcd
funds
Total
2024
2023
Tith¢s, Offcring & Thanksgii'ing
Gifi Aid Reclaim
Oihers
455,696
55,407
4ii,696
-55.407
297.422
33.357
122,289
R¢d¢¢mtd C.hri$tian C.hur¢h of Cod IRCC.GI
City Of David
Notes eontinued...........
Page 11

7. Cost of generating funds in further•nce
of the charil! s objects:
2024
2023
Council'l'ax & Business Rates
Honoranum
ChoiT, Kv'boatd & Musical Expenses
F.Icctricitv, Gas & Fucl (light, hcai & pomcrl
Cleaning
Waier
Children & Teenage tkparttnent
Vchiclc F.x￿n￿$
Church Outreach. Ads'ertisement & Publici
Books & Teaching Materials
Community. Events
Voluntccrs F.xp¢n￿S
Hall hire
Proiocol Expense
Other Church Activities
Training. McLtings & Confcr¥nccs
Chrisiianity Ad￿'anCeMent
Wellare Suppori & Hogpiiaiity
28.629
24.717
42.578
4.128
550
iO,458
12.452
26,897
I,i57
1.464
11.488
9,990
10.073
16.513
349
li.oil
12,900
11,578
2,173
4.739
b,5¥6
2.479
i.889
18i.010
163.912
8. ￿lanagement & AdministratioD of Charity
2024
2023
CharitablL donations".
Central Office Fund
T.M Fund
2,470
i,lil
3,527
Others
Church Running Expenses & Administration- chariiable aciii"ilies
Tiavelling E.xpen5e
Hirc of F.quipinLnt
Printing, Plisiage & Stationery
Repairs & m￿ntenanCe
In￿￿[anCe
ConsultancN' Fccs
Legal & Professional Fees
Solii*are & IT Expenses
Dues & Subscnptiot]5
Computcr Cosis & Consumablcs
Wages & Salaries (incl emplo}'er's Nll
Pensions
Credit card charges
Bank Chargcs
SundTr' Expenses
Telephone & Intemet
Accountgnc!. fccsltnd¢p¢ndcnt F.xaminces Fccs
Depreciation..
riAluies & equipments
office equiprnents
motor N'Lhicl¢s
15.i67
1.256
1.214
1,96)
21.879
1,500
2.400
1.676
467
2.692
135.405
6.427
206
779
6.59
1,395
Qj
109,419
1,971
3,700
3.217
4955
2,97i
207,481
Samuel Ajah Odaudu
Date".
01-10-2025
Page 12