Registered Charity No. 1101294
THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
Report and Flnanclal Statement for the Year Ended
31 March 2024

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
Year Ended 31 March 2024
REPORT AND FINANCIAL STATEMENTS
CONTENTS
PAGE
REPORT OF THE BOARD & STATEMENT OF BOARD'S RESPONSIBLITIES
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENT
9-13

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
Report of the Trustees for the year ended 31 March 2024
BOARD MEMBERS, OFFICERS, ADVISERS AND BANKERS
General Overseer
Pastor E A Adeboye
Trustees/Directors
The Trustees/Directors who served during the period were as follows:
Pst. Oluwatoyin Onabanjo
Pst. Gloria Piper
Deacon Samson Ayotunde Afolabi
Mr John Adekunle Adeoye
Mr Emmanuel George
Deacon Timothy Olatunde
Resigned 30/06/2024
Resigned 30/06/2024
Senior Pastor
Pastor Mary.0. Afolabi
Correspondence Address
Detection House
Units 4 &5. Brookland Approach
Romford
RMI IDX
Accountants
Da-silva & Associates Limited
Chartered Certified Accountants
14 Farm Close
Dagenham
RMIO 9TX
Bankers
Lloyds Bank PIC
Sedgemoor House
Taunton
TAI 2UF
statutory Registration
Registered with Charity Commission
Charity Number 1101294

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
Year ended 31st March 2024
Report of the Trustees -Contlnued
The Trustees present their report along with the financial statement of the charity for
the year ended 31st March 2024. The Financial Statements have been prepared on
the accounting policies set out in the notes. The Financial Statements comply with
the Charity Act 2011, charity's governing document, applicable law, and
requirements of the Statement of Recommended Practice - Accounting and
Reporting by Charities: SORP applicable to charities preparing their accounts in
accordance with FRS 102.
STRUCTURE GOVERNANCE AND MANAGEMENT
The Redeemed Chri5tion Church of God IRCCGI Jubilee House for All Nations
registered charity (number 1101294)
The main objectives of the Charity are the advancement of the Christian faith in
accordance with our statement of faith and the relief of poverty.
Organization and Structure
The management of this Charity is the responsibility of the Board of Trustees. Who
have who have been co-opted for their skills and experience in church leadership.
Trustees are required to attend induction and annual training in order to keep up to
date.
The day to day running of this Charity is the responsibility of the Senior Pastor; She is
assisted by a Council of ministers and church elders. whom she delegates
responsibilities too regularly.
They meet occasionally in the year to review the activities of the church and to
make decisions on all crucial matters.
Grant Making Policy
The Church in accordance with the agreement of common purposes signed with
RCCG UK is mandated to make a regular contribution towards RCCG COF, RCCG
WEM, the Festival of Life and other worldwide. Europe continent and national
activities organized by RCCG Central office.

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
Year ended 315k March 2024
Report of the Trustees -continued
Reserve Policy
It is the policy of the Charity to retain enough funds at a level enough to cover basic
operational costs and the remainder of the reserve is expended on the objectives of
the charity or retained for future plans.
Rlsk Management
The trustees have a risk management strategy in place which comprises:
An annual review of the principal risks and uncertainties that the charity
faces.
The establishment of policies. systems, controls, and procedures to mitigate
those risks identified in the annual review
strategic and operational plans and an annual budget, and progress
reporting against plans and budget
The implementation of procedures designed to minimize or manage any
potential impact on the charity should those risks materialize.
Financial Review
The Charity's financial statement for the year ended 3151 March 2024: shows a net
surplus of £3,272 Iln 2023; net deficit of £3.028)
Reserved are required in the event of possible emergencies and in order to ensure
all unexpected contingencies are adequately funded.
Volunteers
This charity continues in the work of advancing the Christian faith in England and
Wales and in the continent of Europe, because of the infringing commitment of all
our volunteers. for which we are entirely thankful to God. All through the year, our
members have supported the church voluntarily in our times of challenge and
towards achieving the objectives of the Charity.
Publlc Beneflt
RCCG Jubilee House for All Nations ensure that all their activities are planned and
designed for the benefit of the public and in line with Charity's objects of
advancement of Christian faith and the relief of poverty.
The board of trustees ensures church toke account of the Charity commission's
guideline on public benefits in their planning and decision making.

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
Yeor endod 3111 March 2024
Repoil ol Ihe Tru51ees -Conllnued
Slalement of Trustees Responslbllllles
Chorify law requires Ihe Truslees to prepaTe the Finonciol Stotemen15 for each
linonci05 year which gives o true and lair view of Ihe slate of finonciol affairs of Ihe
Charily during the yeor and of ils finonciol position oi ihe end of the year. In
preparing those Financial Slatemenls, the Tfuslees ore required to:
o. Select suilable accounting policies and apply Ihem consislently Ihrough the
year
b. Moke judgments ond estimoles thal ore reasonable ond prudenl
c. Stote whether applicable Accounling Standards have been followed. subject
to any material departuies Ihal shoulcl be disclosed and exploined in the
Finoncial Statements.
d. Prepare Ihe Financial Statements on the going concern basis unless il is
inoppropriole to presume Ihat the Trust will continue in operalion.
e. The Truslees hove overall responsibility for ensuring that the charity has on
appropriote system control. financial and otherwise.
We are responsible for keeping proper occounting records which dEsclose with
reasonoble occurocy al any time the financial position of Ihe Chority ond enables
them to ensure Ihat the Financial Stotements comply with Ihe Charilies Act 2011. We
ore a150 responsible lor safeguarding the Assels of the Charity and for laking
reasonable sleps for the prevention and detection of froud ond olher irregularities.
This report w05 opproved on beholl of the board of Trustees on.....................
2025
Pastor Oluwatoyin P. Onabonjo
Trustee
Deocon Timothy Olatunde
Trustee

Independent Examiner's Reportto the Trustees of
THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
We report on the accounts of the Redeemed Christian Church of God {"RCCG") -
Jubilee House for the year ended 31 March 2024. which are set out on pages 7 to 13.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are
responsible for the preparation of the accounts. The trustees consider that an audit is not required
for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligilbe for
independent examination, It is my responsibility to..
examine the account under (section 145 of the 2011 Act.,
to following the procedures laid down in the general Directions given by the Charity
Commission under section 145(5>(b> of the 2011 Act., and
to state whether particular matters have come to my attention
Basis of Independent examinerfs raport
My examination was carried out in accordance with the General Directions given by the Charlty
Commission. An examination includes a review of the accounting records kept by the Charity
and a comparison of the accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the accounts, and seeking explanations from the trustees
Con￿rning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequently no opinion is given as to whether the accounts
present a true and fair view and therefo￿ is limited to those matters set out in the statement below.
Independent examinerfs 8tatsment
In connection with my examination, no matter has come to my attention..
(1) which gives me reasonable cause to believe that, in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companies Act 2006,.
and to prepare accounts which accord with the accounting records, comply with the
accounting requirements of the section 386 of the Companies Act 2006 and with the
methods and principles of the Statement of Recommemded Prath'ce.. Accounting and
Repoting by Charities
(2> to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
Mrs Elleen Da￿lIva FCCA
Da-silva & Associates Limited
Chartered Certified Accountant
14 Farm Close, Dagenham,
RM10 9TX
51
2025

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
STATEMENT OF FINANCIAL ACTIVITIES
FOR YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Unrestrlcted
Fund
Unrestricted
Fund
Income
Donations and Legacies
162.107
134,323
Expenditure on
Charitable expenditure:
Grants and donalion
Activities for charitable objectives
Support costs
Management and administration
10,973
96,583
21,680
29,599
12,048
71,164
23,059
31,080
Total Expendtture
158,835
137,351
Net expenditure
3,272
13,0281
Total Funds brought forward
28,425
31,453
31,697
28,425

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Flxed assets
Tongible fixed assets
853
2,200
Currenl assets
Accounts ieceivoble
Cash al bank
21,516
9,846
31,362
22,150
16,570
38.720
Creditors.. amount folllng due wilhln one year 9
518
12,495
Nel currenl (liabilities)/ossets
Total a55els less curient liabililies
30,844
31.697
26.225
28,425
31.697
28 425
Income Funds
Unrestricted Fund5- Generol Funds
10
31.697
28 425
P051or Oluwotoyin P. Onobonjo
Trustee
Deocon Timolhy Olotunde
Truslee

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
l Accounting pollcy
The principal accounting policie5, all of which have been applied consistently
throughout the year, are sel out below:
Scope and bosis ol the flnoncial stalemenls
a) Convenlion
These financial statements have been prepared in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective
l January 2015}. The Charity is a public benefit entity for the purposes of FRS 102 and
therefore has also prepared the financial stotements in accordance wifh the
statement of Recommended Practice cpplicable to charilies preparing their accounts
in accordance with theFinancial Reporting Standard applicable in the UK and Republic
of Ireland IThe FRS 102 Charities SORPI ond thecompany Act 2006 and Charities Act 2011.
b) Preparation of accounts on a golng concern basis
The trustees consider there ore no material uncerlainties obout he Charity's ability to
continue a5 a going concern. The review of our financiol position. reserves levels ond future
plans gives Trustees confidence the charity remains a going concern for the foreseeable futvre.
c) Donatlon5 & Legacles
Voluntory income 15 received by way of donalions, legacies and gifts and is included
in lull in the statement of financial activities when receivable. Volunteer time is not
included in Ihe financial statements.
d) Grants and Commlssloned SeNlces income recognlllon
Income from grants and commissioned services is recognised in full in the statement
of financial activities in the year in which the income is receivable
e) Rental income recognttlon
Rental income is included in full in the stalemenl of financial activities when
receivable. Contractual and fee income is recognised in the financial statements
to the extent that entitlement had been earned at the yeor end through
performance of the controct.
O Deferred incomè
Where unconditional entitlement to income receivable is dependenl upon fulfilment
of conditions within the charity's conlrol. the income is recognised when there is
sufficient evidence that conditions will be met.Where there is uncertainty as to
whether the charity can meel such conditions the income is deferred.

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2024
g) Fund accounting
General funds are unrestricted funds which are avoilable for use at the discretion of
the trustees in furtherance of the general objectives of the parish and which have
not been designofed for other purposes.
h } Incoming resources
All income is accounted for when the Charity has entillement to the funds, the
amount can be quantified and there is certainty of receipt.
l) Resources expended
All expenditure is accounled for on accrual b05is and hos been included under
expense categories that aggregate oll costs for allocalion to activities. Where costs
cannot be directly attributed to particular activities Ihey have beenallocafed on a
basis consistent with the use of the resources. Grant payoble are charged in the
year when the offer is made except in those cases where the offer is condilional, such
grants being recognised as expenditure when the conditions attached are fulfilled.
Granls offered subject to conditions which have not been met at the year end are
noted as a commitment, but nol accrued as expenditure.
j) Cash flow
The financial statements do not include a cash flow statement because the church,
as a small reporting entity, is exempt from the requirement to prepare such a
statement under the financial Reporting Standard for Smaller Entities (effective June
20021.
k) Tangible Ilxed assets and depreclation
All assets costing more than £500 are capitali5ed.
Tanglble fixed assets are stated at cost and depreciated on a straight line basis over
their useful economic lives as follows:
Furnilure & Fitlings
Qfficelchvrch Equipment
25%
25%
10

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
NOTES TO THE FINANCIAL STATEMENTS (Contd)
Year ended 31 March 2024
2024
Unrestricted
Fund
2023
Unrestricted
Fund
Donations and Legacy income
Tithe5 & Offering
Gift Aid
other Income
137.204
21.089
3,814
162,107
111,041
21,089
2,193
134,323
Grants and Donatlons
RCCG - World Evangelical Mission
RCCG - Central Office Fund
RCCG- UK Camp ground
Habitation of Hope
other Grants & Donations
5,724
1,100
2,000
600
1.549
9.598
1,200
550
700
10,973
12,048

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
NOTES TO THE FINANCIAL STATEMENTS (Contlnued)
Year ended 31 March 2024
2024
Unrestricted
Fund
2023
Unrestricted
Fund
Cost of Activities for Charitable Objecllve
Rent ond Service Charge
WelfarelHardship Grant
Musical Expenses
Honorarium, Gifts & Ministerial Expenses
Church Events & Development
74.919
46,509
961
11.216
150
12,328
71,764
17,120
1.455
3.089
96.583
Support Cost
Premises Expenses
Business Rates and council taxes
Power, Gas and other utilities
Repairs, Mointenance & Renewols
Telephone Expenses
Prinling. Slationery & Postage
Refreshments
Insurance
Bank and Credit Charges
Travel Costs
other Expenses
1,270
2,092
1,500
2.105
533
592
475
460
1,638
3,865
7,150
102
2,743
2.326
1.586
1,165
457
5,783
8,786
21,680
23,059
Management and Admlnlslration
Depreciation costs
Legal, Professional and Consultancy
Accountancy fees
Pastorial Care
Books, manuals and journals
staff and Admin Costs
Transportation & logistics
Training and annual conference Costs
1.959
1.800
2,385
90
16,049
1,572
5.743
11,077
1 ,800
2,940
15,263
29,599
31,080
12

THE REDEEMED CHRISTIAN CHURCH OF GOD
JUBILEE HOUSE FOR ALL NATIONS
NOTES TO THE FINANCIAL STATEMENTS (Conlinued)
Year ended 31 March 2024
Tangible fixed assets
Church
Equipment$
Cost
At 1104123
Additions
Disposal
At 31103/24
5,390
5,390
Accumulated Depreclation
At 1104123
Deprecialion for the year
Disposal
At 31103/24
3,190
1.347
4,537
Net Book value
At 31103124
853
At 31103/23
2,200
2024
2023
Accounts recelvable
Accrued Income- Gift Aid
Tax & Social Security
other debtors
21.089
427
21,089
1.061
21,516
22,150
Accounts Payoble: falling due wilhln one year
Tax & Sociol Security
other Creditors and Accruals
51
467
518
12,495
12,495
10.
Movement in fvnds
Opening balance
Net expenditure
28.425
3.272
31.453
13,0281
Balance at 31 March
31.697
28,425
TTUStee remuneration ond related paty information
No remuneration was made to the trustees during the year.
12.
Taxation
RCCG The Jubilee House is a registered charity and is eligible for the exemptions
from taxation available to chartlies on their charitable activities.
13