Charlty Reglstratlon Number ,' 1101824
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING WATER
PARISH
TRUSTEES, REPORT
AND
FINANaAL STATEMENT5
FOR THE YEAR ENDED
310ECEMBER 2024

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING WATER PARISH
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
DAVID O Oludoyl
SAMUEL O Bakare
AYODEJI PHIUP Coo
vicroRIA MODUPEOLA Atere
1101824
169-171 Haydons Road
South Wirnbledon
London
SW19 8TB
Charlty Number
R¢gl#t*r4d Offlco
Bankers
Barclays Bank PLC
41 Woolwich New Road
SE18 6NU
London
Independent Exomlntr
Abudey & Company
Flrst Floor
14-16 Powis Street
Woolwich
SEI8 6LF

THE REDEEMED CHRISTIAN CHURCH OF GOD IRCCG) LIVING WATER PARISH
CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees. Report
Indepèndent ExJmlnefs Report
Statement of Flnbnclal Actlvitles
Balance Sheet
Notes to the Hnanclal Statements

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING WATER PARISH
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The truste05 present thelr annual report and flnanclal statements for the year ended 31 December 2024.
The trustees have adoptedthe provlslonsof Accounting and Reporting bycharltles: Statementof Recommonded Practice
appllcable to eharltles preparlng thelr accounts In accordance with the Financial Repurtlng Standard 4ipplScable In the
UK and Republlc of Ireland IFRS1021 leffective l January 2019}.
OBJECnVE5 AND ACTIVMES
Objoctlvès and alms
Living Water Parish is a member of The Aedeemed Christian Church of God whlch has patlshe5 all over theworid.
We alm to..
**TlJm the heart of men back to God.
**Feed the word of God to those who are hungry. to sat15fy their longing soul5.
**Equlp the heart of man wlth the weapon to set It free trom mediocre mentallly,
**Nourlsh man with the word to turn loose the power of God irb man to be a blessing
**Enrich the splrit with the vitality of eternal Ilfe wlth an assurance of the crown of glory.
**Raise up people capable of affectlng thelr goneratlon p051tively for God.
**Revive, Reconcllè and Restor¢10st hopes.
**LIft up the banner of Chrlst on foundattons of many generatlons.
Llving Water Parish 15 a place of divine appointwnent to destiny, the repairer of broken relat5on5hlps.the restorer of
God ordained family ordered by the power of the Holy Spirlt.
There shall be a performance of the word of God on th15 assembly, accordSng to His promise injesus name.
Slgnlficant artlvltles
The Redeemed Church of God Llvlng Water Parlsh is a 100% share holder of LWP Assets Investment Ltd.
The activltles of thls company Is buying sellSng an(J letting of its own real Èstate.
Publlc beneflt
The charity has contlnued to provlde beneflts to the publlc In the manner descdbe below.
l. Organising SundayService5 for rellgious worshlp and tsachlng
2. Or9anlsing Communltyoutreach events and Evangelism
3. Provlslon of welfareand support for members
Volunteers
Many volunteers give up their time to help at the church. partlculorly at weekends and in the evenings.we are
greatly Indebted ro these volunteers for their commltment and support.
FINANCIAL REVIEW
Reserves pollcy
The Commlsslon require5 chaflties to determlne and explain their poli¢y for réserves. The trustees have reviewed its
free reserve pollcy and have ttjrned its entire free unrestrScted fund Into an emergency fund to enable Llvlng
Water Parlsh to meet Its obligations In event of a shortfall In income or sudden upturn In expendlture.
Furthermore the trustees meet quarterly to revlew thelr reserye level. If the value of the reseThes falls below a
level unacceptable to the tnJ5tees. then appropriate action will be taken immedlately to rectify the sltuation,
sTRU￿URE, GOVERNANCE AND MANAGEMENT
Govemlng dcjcument
The charity is controlled by Its governing document, a deed of trust and con5tltutes an unlncorporated chaflty.
Page 10111

Thls report wa5 approved by the trustees and slgned on its behalf by.,
DAVID O Oludoyl
TRVSTÉE
Date,.
,fjL03-
Page2of11

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING WATER PARISH
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent examlner's report to the trustees of THE REDEEMED CHRisfiAN CHURCH OF GOD IRCCGI LIVING WATER
PARISH
I report to the charity trustees on my examination of the accounts of THE REDeEMED CHRISTIAN CHURCH OF GOD
IRCCGI LIVING WATER PARISH Ithe Ikustl for the year ended 31 December 2024,
Responsibilities and basis of report
As the charlty trustees of the Trust you are responslble for the preparatlon of the accounts In accordpnce with the
requirements of the Charities Act 20111'the Act'l.
I report in respect of my examinatSon of the Trust's accounts carried out under Sectlon 145 of the Act and in carrySng
out my examlnation I have followed all applicable Directions given by the Charity Commission under Section 145151
Ibl of the A ct.
Independent examinerf5 Statement
Since your charlty's gross Income exceeded £250,000 your examiner must be a member of a 115ted body. I can
confirm that l am qualified to undertake the ex8mlnt¢tlon because l am a member of the Assocla¢Son of Intematlonal
Accountants, whlch15 one of the Ilsted bodles.
I have completed my examination. I confirm that no material matters have come to my attentlon In connectlon with
the examlnation giving me cause to believe that in any mater131 respect..
ccountlng records were not kept In respect of the Trust as required by Section 130 of the Act,. or
the accounts do not 4ccord wlth those records: or
the ac¢ounts do not comply wlth the applicable requi￿rnents concemln9 ihe form and content of acctsunts set out In
the Charities (Accounts and Reports) Regulations 2008 otl)er than any requlTeTnent that the accounts give a true and
falr vlew whlch Is not a matter conslder¢d ès part of an Independènt examifiatlon.
I have no concems and have come across no other matters in connectSon with the examinatlon to which atten￿￿Tr
should be drawn in this report in order to erbable a proper understanding of the account5 to be reached
Name: SYMON ABUDEY
for and on behalf of Abudey & Company
Date:
Page30111

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING WATER PARISH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Recomthended eategorles
by actlvlty
Income and •Thdowm•nt*
from:
Vnrestrlrted funds
Tot)l Funds 2024
Total Funds 2023
Not
Oonations and legacles
491,409
491.409
S34,483
Investments
113
113
715
Total
491,522
491,522
535.198
Expendlture on:
Rai51ng funds
405,219
405.219
343,653
CharltoblÈ aetlvlties
46.626
46,625
35.420
other
64,600
64,600
44.683
Total
516.445
516,445
423.756
Net Incomellexpendlture)
124.9Z31
(24,923)
111.442
N•t movknient In funds
124,9231
(24,923)
111.442
Reconclllatlon of funds:
Total fund5 brought forward
429.410
429,410
317,969
Total funds ¢arrltd forward
404,487
404,487
429,411
Page4of11

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING WATER PARISH
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2024
R•¢ommendad tatégorl•s by
artlvity
Hxed assets
Noteg
Tot31 Funds 2024
Total Funds 2023
Thnglble assets
512,021
190,766
Total fixed a55etS
512.021
190.766
Current assets
Debtor5
134,587
138.268
Cash at bank and In hand
li
92.133
222.986
Total current a55ets
226.720
361.254
Credltors.. amounts falling dLke wlthln
one year
12
30,927
18,498
Net current ass¢ts1(Ilabllltles)
195.793
342.756
Total a$i•ts 1955 current Il&bllltl85
707.814
533.522
Credlior5: amounts falllng due after
one year
13
303,325
104.111
Tgtal net assets
404,489
429,411
Fund$ ot the Charlty
Unrestrlcted funds
14
404.487
429,410
Restrlcted Income fund5
14
Endowmentfunds
14
Total funds
404.487
429,410
The flnanclal statements were approved by the trustee5 on .
.and 55gned on Its behalf by:
DAVID O Oludoyl
TRUSTEE
Date..
Page50111

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING WATER PARISH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l. Accountlng Pollcles
The principal accounting polities adopted by the Charity, which is a publlc beneflt tntlty, In thè preparation of the
accounts are as follows.
1.1 Basls of preparatlon
These accounts have been prepared under the hlstorlcal cost conventlon, as modifled by the Incluslon of charitable
properties and lixed &55et investments and investwnent propertles at valuation.
These accounts have been prepared In accordance wlth 'Accountlng and ReportSng by Charlties., Statement of
Recommended Practlce appllcable to charltles preparing their account5 In accordance wlth the Financial Reportlng
standard appllcable In the UK and Republlc of Ireland IFRS 1021- leffectlve I january 20191- ICharitle5 SORP IFRS
10211, the Financlal Reporting Standard appllcable In the UK and Republlc of Ireland (FR5 1021 and the Charftle5 Act
2011.
These accounts are presented In pounds sterllng and rounded to the nearest pound.
1.2 Golng concern
The Trustees have prepared flnanclal projections, taklng into conslderatlon the current economic condltlons and
have, at the time of approvlng these accounts. a ￿aSOnable expectatlon that the charlty has adeqijatè resources to
continue In operational existence for the foreseeable future. Thu5 they continue to adopt the going concem ba515 of
accounting In preparing the accounts.
1.3 Income from charltable a¢tlvltl•s
All income is recognisedin the Statement of Financlal Acttvltles once the charfty has entltlement tothe fund5. It Is
probable that the income wlll be received and the amount canbe rneasured reliably,
1.4 Expendlture
Llabllltles 8￿reCognIsed as 8xpondlture a5 500n as there is a legal or eon5tr¢Jctlveobllgatlon commlttlnp the charlty
to that expendlture, It Is probable that atranster of economic benefit5 will be required In settlement and the amourtt
oftha obllgation can be measurecl re15ably, Expendlture Is accounted for on anJccrua15 bèsls and has been classlffed
under headings that aggregate all eostrelated to the cate90ry. Where costs cannot be dlrectly attrlbuted topèrtlcular
headlngs they have been allocated ta actlvitles on a baslsconslstent wlth the use of resources.
1.5 Penslons
The charity opÈrates a dÈfined contrlbution pension scheme. Contributlons payable to the chbrlty'spenslon scheme
are ¢harged to the Statement of Financlal Actlvltles In the perlod to which they relate,
1.6 iaxatlon
The charity is exemptfmm tax on its charltable actlvltles.
1.7 Fund accountlng
Unrestrlcted funds can beu5ed In accordance wSth the charltable oblèctlves at the dlscretlon of thètrustee5.
Restricted funds can onlybe used for particular restricted purpose5 withln the objects of thecharity. Restrirtion5 arlse
whenspeclfied by the donor or when funds are ralsed for partlcular restrlctedpurpose5.
Ftjrther explanatlon ofthe nature and purpose of each fund Is Included In the notes to the financialstatements.
Page6of11

1.8 Trnglble flxed assets
Tangible fixed assets, such a5 land and buildlngs, plant, vel)icle5 and equipmenL, arè held to provide an on.golng
econonilc beneflt to a charlty thr¢ugh their contribution, dlrectly or Indlrectly, to the pYov15ion of goods or seNSces by
the charlty.
Tangible fixed assÈts, other than freehold land, are stated at cost or vbluatlon less depreclatlon and any provision fo
Iinpairment. Depreciation is provlded at rates calculated to wrltÈ off the cost or valuation of flxed assets, less their
estimated resldual value. over thelr expected useful live5 on the followln9 basis.,
Name
Improvmts to Llhold prop
Church Equipment
Furnlture & fittirbgs
Motor vehicles
Office equlpment
Rat• IYr*)
15
25
15
2S
20
Year
Method
on reduclng balante
on reducing balance
orb reduclng balance
25% on reducing balance
on reduclng balance
2. Income from Donatlons and Legacles
AThalysls
Vnrestrlcted fund5
Total funds 2024
Total funds 2023
Building Fund
Glft Ald Claimed
Rental Income
Sale of Communion Cups
Sundry Donationsllncome
Tithes and Offerln9S
Total
1,65B
79.694
72.796
1,878
4.062
331,321
491,409
1,658
79.694
72,796
1.878
4.062
331.321
50,750
76.195
35,801
7,176
14,006
350,555
491,409
534,483
3. Income from Investments
Analysls
Unrestrlrted funds
Total funds 2024
Total funds 2023
Bank Interest
113
113
715
Totsl
113
113
715
4. Expendlture on Ralsing Funds
Analysls
Total funds 2024
Total fundg 2023
Honorarium & Guest Mlnlsters
Youth and Outreach AttivSties
Ministry General Expenses
Special Programrne Expenses
Total
Support Costs
18,190
3,022
25,B81
21,019
68,112
337,107
11.644
2,209
15,845
20,BIO
50.508
293.145
405,219
343.65Y
5. Expendlture on Charitable Actlvltle5
Total funds 2024
Total funds 2023
Analys15
WEN-World Evangelism Mlsslon
Central Office and Othets
Hoffle Mission & Other Societie5
12,000
6,000
23,541
1,200
3,885
46,626
46.626
13,000
8.650
10,250
Donations to Festival ot Life
Secular Charftie5 & Rellef
Total
1,200
2,320
35,420
35.420
Pag87of11

6. Support Costs
Total funds 2024
Totsl eynds 2023
Analysls
Support Cort$
Staff Wages and Salarles
Employer's Natlonal Insurance
Penslons
Renl and Rates
Telephone
Prlntlng Postage & Statlonery
AdvertisSng
Computer Consumables
Intemèt & Subscrlptlon
Motor & Tran5POrtation
Hire Purchase
Bank charges & Interest
Natwest Mortgage Interest
Governance Costs
Audlt and Accountancy Fees
Legal & Consultancy Fees
160,402
11,325
7.204
84.992
6.152
4.600
261
2,149
388
21.172
5,648
50
15.600
136,306
7,928
7,268
7è,160
4,603
4,199
376
1.058
2.386
17.326
5.648
270
2.079
15.085
2.OBO
25.537
337.107
293.145
7. Other Expendlture
Unre5trlrted fund$
Thtal funds 2024
Total funds 2023
Analy¥l$
Improvmts to ljhold prop -
Depreciation Charge for the Year
Church Equlpment- Depreclatlon
Charge for the Year
Fumiture & fittlnys- Depreciatlon
Charge for the Year
Motor vehlcles- Dep￿CIatIon
Charge for the Year
Office equ5pment- Deprèelètion
Charge for the Year
Purchases of Communlon Cups
Rèpalrs servlcln9 &malntenance
Mlscell8neous expenses
Insvranee and Ucences
Total
7.564
7.564
7.962
10,523
10,523
10,364
506
506
595
154
154
205
2.360
2,360
I,ioi
7.123
28,084
184
8,102
64.600
7.123
28.084
184
8.102
6,354
11.346
217
6,539
44.683
64.600
Page8of11

8. Tangiblè Fixed Assets
Imptovmts
to Uhold
prop
Church
Equlpment
Furnlture
& fittlngs
Motor
vahlclos
Offl¢¢
equlpment
Chureh
Equlprnent
HP
Freehold
Property
8.1 Cost or valuatlon
Atoi
january
2024
Additions
389.084
169,470
48,575
26.591
21,161
14,964
7,398
39,206
320,000
Dlsp¢sa15
Revaluabons
Transfers
At31
December
2024
389.084
184,434
48.575
26.591
28.559
39,206
320.000
8.2 Dapreclatlon and Impalrment5
Atol
January
2024
Charge for
the year
Disposals
Revaluations
237,800
143,661
45,202
25,976
16.758
33.924
7,564
10,523
506
154
2,360
Transfers
At31
December
2024
245.364
154,184
45,708
26,130
19,118
33.924
8.3 Net book value
Atoi
january
2024
At31
Decemb&r
2024
151,284
25,809
3,373
615
4,403
133.9241
143,720
30,250
2,867
461
9.ul
5.282
320.000
9. Débtors: Amounts falling due wlthln one year
Total tunds 2024
Total funds 2023
Other Debtors
14,155
14,155
11.652
IX.652
Total
10. Debtors: Amounts fallAng due after one year
Total fund5 2024
Total tunds 2023
LWP Asset5 Investment Ltd
120.432
126.616
Totsl
120.432
126.616
Page9of11

11. Cash at bank and In hand
Total funds 2024
Total funds 2023
Petty Cash
Communlty Acc 10269018
Business Premium 00827940
Thanksgivlng Account 83619230
General Account 70204749
Rent Account 03412849
Santander 91141965
Tree of Llfe 63732169
Dtvlne Mercy 73165442
Wrèxham 13175642
Rehoboth Chapel 20795941
Reserves 10929569
Natwest 63913003
Resource Account 23836282
330
8.043
1,462
323
4,334
30,000
4,670
365
70
5.326
BIO
3,730
31,853
817
15
9.613
5.572
563
8,171
27.703
21,780
45
70
5,326
810
6,678
132.000
4.640
Ibtal
92.133
222.986
12. Credltors: Amounts falllng due wlthln one year
Total funds 2024
Total funds Z023
Rent Deposlt
PAYE Tax & Soclal securlty
Pension Fund
LWP Facllltles
HSBC Refundable
Accrued Accountancy
Prepayment-church Property acquired Maid5tone -Rent
Total
8.950
6,347
2.349
500
200
2.081
10,500
8.950
2,946
1.741
500
200
4,161
30,927
18.498
13. Credltors: Amounts falllng due after ont year
Total lunds 2024
Total fundts 2023
Eddy 'O' Civil Engineerlng
Sant3nder Loan
Natwest Loan Account
75,232
18,221
209,872
303,325
75,232
28,879
Total
104.111
Page 10of 11

14. Charlty funds
14.1 Detalls of materlal funds held and movements durlng th• CURRENT reporting perlod
Furtd
balan¢o$
brought
foThvard
Pund
balancey
carrled
forward
Galns and
losyes
Fund namgfj
Income
Expendltura
TraD5fer5
Unrestrlrted
funds
429,410
491,522
516,444
404,488
Total
429.410
491.522
516.444
404.488
14.2 Detalls of materlal funds held and movements durlng the PREVIOU5 reportlng
perlod
Fund
balances
brou9ht
fon¥ard
Fund
balancos
carTled
forward
Galns and
losse5
Fund names
Income
Expendltur¢
TransferB
Unrestrl<ted
funds
317.969
535.197
423.7S6
429,410
429,410
Total
317.969
535.197
423,756
Pag811 of11

Charity number: 1101824
THE REDEEMED CHRISTIAN CHURCH OF GOD UVING WATER PARISH
(A Charltable Trust)
TRUSTEES, ANNUAL REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED THE 31ST OF DECEMBER 2024

CONTENTS
Page
Reference and admlnlstratlve deLiils of the Charity. its trustees. and advisers
Board of Trustees, report
Independent auditors. report
Statement of financial activities
Balance sheet
Notes to the financlal statements

RCCG LIVING WATER PARISH
(A Charitable Txust)
REFERENCE AND ADMINISTRATIVE DEfAIL5 OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED THE 31ST OF DECEMBER 2024
Board of Dlrectors/Trustees
Dr Olusola David Oludoyl- Chair
Vittoria Modupeola Atere
Samuel Oladele Bakare
Ayodeji Philip Coo
Charity registered number
1101824
Registered office
RCCG - Living Water Parish
169- 171 Haydons Road
South Wimbledon
London
SW19 8TB
Independent Examiner
Name
Company Detai15
Address
Bankers
Barclays Bank PLC
41 Woolwich New Road
London
SE18 6NU
THE BOARD OF TRUSTEES, REPORT
Pxge l of 17

RCCG LIVING WATER PAIUSH
(A Charitable Trust)
FOR THE YEAR ENDING 31ST DECEMBER 2024
The audited financial statements and annual report of the Livlng Water Parish (the charitable organisation) are
presented by the Board of Trusteesforthe fiscal year ending December 31.2024. The Board ofTrustees affirms
that the charitable organization's annual report and financlal statements are in accordance with the
stipulations and obligations outlined in the Charities Act 2011 and the Charities Act 2022. Furthermore, the
Board of Trustees affirms that all present statutory obligations have been met, including those outlined in the
governing document of the charitable organisation and the Statement of Recommended Practise, which is
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard IFRS 1021.
Structure, Governance and Management
CONSTITUTION
The Living Water Parish is a registered charity establlshed for public benefit under a Deed of Trust dated
the 14th of August 2003, as revised on the 3, of September 2014 and Is a registered charity with charity
number 1101824.
The Charity Is controlled by its governing document, a Trust Deed and constitutes a trust.
Furthermore, alongside the aforementioned aspects, many control policies are formulated in
collaboration wlth our goveming document and overarching government regulations, serving as
framework for the routine funttioning of operations.
METHOD OF APPOINTMENT OR ELEcfioN OF BOARD OF TRUSTEES
The managernent of the charitable organisation is the responslbility of the Board of Trustees, who are
appointed and co-opted under the terms of the Trust Deed. There are currently four trustees who have
stof
been appointed as of the 31 December 2023.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF BOARD OF TRUSTEES
A newly appointed member of the Board of Trustees undergoes an induction process that consists of an
initial meeting with the Chair and other Trustees, Subsequently, the member participate5 in a sequence
of brief meetings with the lead Pastor. who serves as the Chief Executive and provides guidance on the
Page 2of17

RCCG LIVING WATER PARISH
(A Charitable Trt￿l)
Trustees, powers and responsiblllties. The Trustee ￿Ceive5 a Trustees Induction Pack that contalns the
charitable organization'5 governing documents, the newly drafted Pastorsnrustees Code of Conduct,
and excerpts from the Charity Commission's Guidelines, such as Doc CC3 and CCII. i.e., the Expenses
and Payment of the Trustees and the Essential Trustee: What You Need to Know. Periodically, the
trustees will be reglstered in various training events, conferences, and 5eminar5 in order to augment
their governance capabilities and ensure they remain updated on their responsibilities and 5ector-
specific developments. These will facilitate adherence to relevant laws and offer the nece$5ary degree
of confidence in the performance of their responsibilities.
ORGANISATIONAL STRucfuRE AND DECISION MAKING
The Drganisation's governance is wholly Eoverned by the terrns of its Trust Deed, notwithstandlng the
presence of an insplratlonal senior pastor. Therefore, the Charity is structured so the Board of Trustees
meets regularly to manaEe Its affairs. The charity's day-to-day administration/management is delegated
to the Lead Pastor, who promptly reports on the charity's operations to the trustees. The relationship
between the pastors and the trustees Is regulated vla its PastorslTrustees Code of Conduct document.
Nonetheless, the actlve Involvement of the Board of Trustees is crucial in safeguarding the welfare of
the charity, particularly in situations where there is a substantial risk and the potential consequences for
the charity are significant. Board meetings are documented in minutes and disseminated to tru5tee5
with actlon Item5 and responsibilities. The minutes serve as an enduring record of the board's decision-
maklng process.
RISK MANAGEMENT
The trustees understand their obligation to tdentify and assess the risks to which the charfty Is
5Usceptible, in addition, to ensurinE that appropriate safeguards are established to mitigate the
possibility of fraud and error. The Board of Trustees has adopted a risk evaluation methodology that
includes the periodic identification and evaluation of risks, which ultimately leads to developing
strategies to mitigate the identified risks. One of these measures consists of conducting routine legal
health checks to assess the organisation's operational health at anyglven tlme. During the period under
review, a periodic health check was performed to evaluate the charity'5 rlsk level and ensure its interests
were safeguarded. The Trustees trust the current Systems, considering them adequate to reduce the
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RCCG LIVENG WATER PARISH
(A Charitable Trust)
organization's susceptibility to substantial risks and promptly adjust to the severity of any possible new
risks. The Trustees are certain that the existing systems are sufficient to Mitigate the organlzation's
vulnerabllity to significant risks and promptly account for the gravity of any emerging ri5k5. The Trustees
have. therefore, undertaken an assessment of the most substantial risks to which the Charity might be
susceptible. Among the primary COn￿rn5 is ensuring that the charity has adequate policies in place to
protect against the most critical operational and financial risks. in addition to the business risks to which
it is exposed. The Trustees have implemented effective measures to reduce the likelihood of these
identlfied risks materialising. One such measure Is the creation of a Policy Digest. which comprehensively
addresses the critical areas of potential risks that may impede the Char￿Y'S effective operation.
Objective5 and Activities
OBJEcfivE5
The object5 of Living Water Parish are-
l} The advancement of the Christlan Faith worldwide in accordance with the doctrines set out in the
Statement of faith contained in the schedule.
21 The relief of poverty, the trustees must use the income and may use the capital of the trust in
promoting the objects.
Living Water Parish is a member ofThe Redeemed Chrlstian Church of God, which has parishes worldwide. As
part of following the charitable objectives, the Living Water Parish aims to:
o Turn the heart of men back to God.
o Feed the word of God to those hungry to satisfy their longing souls.
Equip the heart of man with the wherewithal to set it free from mediocre mentality.
o Nourish man with the word to turn1005e the power of God in man to be a blessing
Enrich the spirit with the vitality of eternal life with an assurance of the crown of glory.
Raise up people capable of affecting their generation posltively for God.
o Revive, Reconcile and Restore lost hopes.
o Lift up the banner of Christ on the foundations of many generations.
The trustees confirm that they have referred to the guidance contained in the Charity Commlsslon's general
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RCCG LIVING WATER PARISH
(A Charitable Tr￿St)
guidance on public benefit when reviewing theTrusV5 aims and objective5 and in planning future activities.
STRATEGIES FOR ACHIEVING OBJECTIVES
Slgnificant differences were observed in this fiscal year compared to the previous year. which
commenced during the communlty's recovery from the prolonged efferts of the global pandemic.
Activities have resumed as usual, however, during the period under review. "Vislon 2022 - Touching
Lives" was the church's central vision theme, The charitable organisation decided to persist with the
adaptive approaches utilised to benefit further the residents of the South Wlmbledon region, its
designated area. As a result, the charitable organlsation continued to employ the followlng strategles.,
Provision of pastoral care for beneficiaries, including continued communication with our
membersthroughout and beyond the lockdown, as we have done in prior lockdowns. We gave
the following precedence..
o to ensure the contlnued operation of the Prayer Cells for Men, Women, and Youth,
established in 2020, to meet our members, spiritual and physical needs.
ensurin8 the material welfare of charity members by consistently contributing
monthly food hampers, especially since the year under review encountered a new
obstacle - the escalation of the cost-of-living crisis- despite experiencing some relief
from the effects of COVID-19 use of technology to substltute physical
meetings/activities with online meetings/activities.
Enhanced appr03ches to communication and involvement with staff, volunteers, recipients,
and pertinent stakeholders.
Participation in community outreach for children and teenagers, through which they distributed
water and tracts at Wimbledon station, also organlsed cake exhlbition to raise funds for slck children in
hospitals. The net proceeds from these sales were donated to a charitable organisation that
shares simllar values.
Adopting value5, divef5ified and varied approach to event5 throughout the year, with themes
such a5 Goodne55 of the Lord in January, 'The Call of God" in March, "The Fear of God" in
June,
Everlasting Jov, in September, and ' The Path of Life" in December
Preserving spiritual growth through event5 such a5 'Pre5erve Your Seed, occurring on every
third Sunday of the first nine months of the year; among other5, events that catered to the
spiritual and physical needs of church member5 during the various seasons.
The mission of the Living Water Parish, which was to bring joy into the lives of community members through
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RCCG LIVING WATER PARISH
(A Charltable Tn*¢)
service and the connection of Individuals With God, wa5 Sustained and upheld. Since the onset of the pandemic
fouryears ago, numerous individuals have been 8ranted the opportunity and convenience to participate in our
events remotely via technologically advanced means as an alternative to attending in-person gatherings.
However, notwithstanding the sustained prosperity of both in-person and online gatherings three years
subsequent to the lockdown periods characterised by the prevalence of online meetings, this evolution has
failed to dissuade numerous individuals from participating in physical fellowship among church member5, an
endeavour actively advocated by the organisation for multiple feasons, including safeguarding the mental and
social well-being of its members.
A profound appreciation is extended to the numerous volunteers who devote theirtime each week, including
evenings and weekends, to assist the church. As a result of their dedication, SUPPDrt, and as515tance in
advancing activities that bring the community closer to God, the Living Water Parish is highly appreciative of
these volunteers.
ACTIVITIES FOR ACHIEVING OBJECTIVES
We carry outvarious artivltles such as:
OrEanisin& supporting, and resourcing Christian mission as well a5 Other positive charitable
initiatives
Prayer sessions (Preserve your Seed, Morning Dews, End of the Month Prayers, and Prayers for
Profession A-Z)
Special Day events such as JOALT (Couples Breakfast), Fatherslmother's Day, Friends Dayi Elders
Day
Online Services and Zoom Hangout
Community Outreach programmes
Living Voice5 Choir
Love and Christmas Outreach
d. PUBLIC BENEFIT STATEMENT
The Board of Trustees confirms that they have met their duties in strict compliance with the provisions
of sections 4 and 17 of the Charities Act 2011 and have had due regard to the Charity Commission's
general guidance on public benefit. Particular consideration has been given to the Charity Commis510n'5
supplementary public guidance provlsions on the advancement of Christian faith for the public benefit.
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RCCG LIVING WATER PARISH
(A Charitxble Trust)
Llving Water Parish has continued to provide public benefit through organising Sunday services, rellgious
teaching. worship, communlty Outreach events, evangelism and provldinE SUPPOrt for comrnunity
members.
Achievements and Performance
. REVIEW OF ACTIVITIES
As a result of divine orchestration in accordance with the God-given plan. Living Water Parish Continues to
expand as a Congregation that restores broken relationships and God-ordained families In accordance with the
power of the Holy Splrit. The organization's endeavours are significantly influencing public opinion and national
recognition whlle furthering the cause of Christianity.
The Living Water Parish has been bestowed with the divine mandate to serve the local community through the
following means: educating individuals about the Bible, introducin8 them to the purpose that God has
establlshed forthem in the world, and furnishing them with the necessary resources to carry outthat purpose
effectively.
The charitable organisation engaged in a variety of activities for the benefit of the public during the period
under review.
Some of such activities are 5uthmarised below:_
SeNlces and Prayer Se551ons
The activitie5 facilitated by the charitable organisation were executed employing a multifaceted and practical
approach. Church gathering5 were conducted in physical and virtual formats, durtng which members delivered
talk5 in diverse formats and subjects to clarify further and elaborate on the Church's mi55ion and objective.
The Living Water Parish selected diverse themes for the months under review, which resulted in the
development of multiple activities and programmes aimed atteaching attendees about the concept of impact
and our responslbilities and roles in ensurlng that our interactions with society and others have the most
positive influence possible.
In pursuit of this objective, the charitable organisation persisted in engaging wtth its members and placing a
Pa￿e 7 cif 17

RCCG LIVING WATER PARISH
(A Chantable Trusi)
premium on their spiritual and physical welfare by ensuring the continued operation of the Prayer Cells for
Men, Women, and Youth, which were established three year5 ago, to attend to their spiritual requirements.
Additionally, LWP ensured the rnaterial welfare of her members by consistently delivering Weekly food
hampers.
Each of these ministrations and outreache5 has made a unique contribution to the betterment of the
congregation at Living Water Parish. These contributions include parttcipation in monthly Yoruba services, Igbo
services, weekly Bible studies, vigils, communion, Sunday worship services, and youth services.
An additional noteworthy occurrence during the period under consideration year 15 the periodic prayer
sessions known 3s"Preserve Your seed." which are devoted to both born and unborn children. This was held
from 7..30 3.m. to 9..00 a.m. on the third Sunday of the initial nine months of each year. It effectively fostered
a sense of connection among its members regarding the value and importance of the firstborn of each farnily,
which is deeply ingrained in the culture of the majority of church members. While thi5 15 a yearly occurrence
for the charity, the "Preserve Your Seed" prayers were especially significant for this year because the vision
was founded ten years ago. The year under consideration marked the culmination of the organization's tenth
anniversary.
Thirty days were devoted during November to prayer, fasting, and solid instruction regarding the power of the
Holy Spirit. This was consistent with the theme of the month the Holy Spirit. Thi5 activity facilitated the
participants, transformatlon into conduits of dlvine power. It sparked spiritual reverence and satisfaction in
the execution of God's purposes, specifically Strengthening our bond with the Third Person of the Trinity.
These strategles, in addition to our diverse array of activities, are in accordance with the charitable objectives
of the charitable organisation. Consequentlyj The Living Water Parish'5 diverse initlatives and gatherings
contribute to the Continuous worldwide spread of the Christian faith.
11. Community Outrea¢h and Engagement
By fostering an atmosphere of optimism, the Living Water Parish has consistently served a5 a dependable pillar
of support. The divine mission of the Living Water Parish is to serve the local community by educating
individuals about the Bible, introducing them to the purpose for which they were created, and providingthem
with the nece55ary resources to carry out that purpose.
Through the consistent or83nisatlon of outreach activities. the Church exhibits a profound dedication
to evangelism and advancing the Christian faith. To achieve thi5 objective, the Living Water Parish
organised regular events that demanded the participation of all members to work together
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RCCG tJVlNG WATER PARISH
(A Charitable Ttust)
harmoniously in orderto publicise the charity's presence. The theme Rainbow - Commemorating
our 24th anniversary with a month of celebration and promise.
was the vision articulated by the lead pastor, which motivated congregation member5 to engage in actions
that had a meaningful impact on those in their vicinity. This led us In embarking on delivering 24 projects that
would affects different sectors in our communlty.
The congregation remains guided in its daily operations by its fundamental ethical and spiritual prlnciples as
it diligently strives to achieve the goals and objectives that have been established. The charlty ha5 hosted a
variety of joyous and diverse celebrations throughout the year, including JOALT (Couples Conference),
Mother's Day, Father's Day, Children's Day. Elders Day, Friends Day, and Teenagers Week. These occasions
have allowed the charity to organise focused celebrations that have brought laughter and delight to the
community member5. Notable was the initiative the youth and children's organisations through which they
distributed water and tracts at Wimbledon statlon, also orEanlsed cake exhibition to raise funds for sick
children in hospitals. The net proceeds from these sales were donated to a charltable organisation with similar
objectives. Additlonally. during the period under examination, it is pertinent to highlight the Living Women
conference, an initiative designed to promote women's outreach. The church also celebrated her 24th
anniversary, and the Second-year anniversary of our Igbo language service.
The charitable organisatlon regards outreach as an e55ential mechanism for both promoting the Christian falth
and mitigatlng or preventing poverty in the immediate vicinity. The Church engages in community seNice to
proclaim the E05pel.
Ill. Community Outdoor Events
Given The Llving Water Pari5h'5 continuous endeavours to exert a strategic influence In the community, a
Significant number of events have been organised and executed with the explicit purpose of engaging in
dialogue with both congregation members and non-members.
Living Water Parish takes great pride in Its football team, comprised of boys, and men's dlvisions. Both
teams actively engaged and established connections with other Christian communitles by participating In
home and away games, promoting exceptional health practises and well-being. Additionally. the promotion
of other athletic competitions hosted by the church fostered strong community tles with the charlty and
improved the mental health of families. Additionally, the church hosted a family fun day for all church
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RCCG LIVING WATER PARISH
(A Charitable Trust)
members and the greater community. where families and children could enjoy the weather while
participating in friendly sporting competitlons that promoted the advancement of Christianity and the
Church's values,
In furtherance of the G05pel's me55age, the charity embarked on series of Evangelistic engagement, the
charity was also privileged to use its premises as a training centre by the Billy Graham Evangelistic
Outreach.
The communlty impart group vlsits the South Park Care Home annually as part of our outreach, and the
choir ministers at the pub Garden Shed on Haydons Road as we spread love during this season. The
occurrence evoked elation among all attendees, and it was apparent that it was precipitated by the Holy
Spirit's influence. The ambience evokes thoughts of the true purpose of the season the birth ofJesu5 and
the message of genuine love and light it imparts to a world striving for Such qua15ties. The choristers were
also at the St. George's Hospital to sing carol 50ng5to those who were admitted there and itwas an amazing
experience and the people mentioned to us we would be retuning in the coming year.
The church executed and coordinated the activities with tremendous success, accurately recording the
attendance of those present in person. These activities have considerably impacted individuals, facilitating
the growth of their relieious devotlon to God. Their Impacts have permeated not only the broader
community but also families. Considerable effort was devoted to guaranteeing that children received
robust Christian education and that indlvlduals who were isolated within the community experienced
compassion and support.
iv. Monthly Vigils and Prayers/Prayer Meetlngs
Every last Friday of each month, the church con8re8ation assembles for vigil and communion Services. during
which all church members engage in collectlve prayer.
In accordance with church tradition, the twelve months of the year were assigned distinct themes. and that
month's theme influenced the spiritual orientation of the church during that particular month. The themes
comprised, among others,
To H(7ve andto Hold, in February, ' Ai the Scen¢ of Waler" in April, "Pressing On ' in July, and"
Revival ' in October
The themes above served to emphasise the Friday nlght vigll's trajectory and other significant aspects
deliberated upon during the prayer sessions.
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RCCG LIVING WATER PARISH
(A Chatitable Trnst)
The fundamental intention of each religious service is to engage in the worship of God. To accompllsh this.
attendees sing hymns and vocallse God's word as an expression of thelr gratitude, admiration, and awe.
Furthermore, the activities and themes of the church stimulated profound contemplation regardlng God's
conception of love. Members have gained a deeper understanding of conne¢tingwith God's blessings Dverthe
course of the year.
These artivities, implemented throughout the congregation, align with the philanthropic goal of spreading the
Christian faith in nations across the globe.
The Li￿Ing Voices Choir
The Church Choir, also known as The Living Voices. has maintained regular meetings and recruited new
members overthe course of theyear. Each week. the Choir performs and practises in front of the congregation,
illuminating the spirits of all in attendance and bringing delight and excitement.
This activity aids in the fulfilment of all charitable goals by providing members wlth a platform to showcase
their talents and by fostering a sense of unity among members, both inside and outside the Church, through
the medium of music. Consequently, this would lead to a surge in the Influx of fresh members. Furthermore,
individuals involved in thi5 endeavour are provided with the chance to express their thoughts.
vi.
Social Media Presence and Website Attraction
By utilising our online platforms and social media accounts, The Living Water Parlsh has maintained contact
with prospective and current members. The diverse WhatsApp groups serve multlple functions, including
disseminating information regarding church affairs, commemorating milestones, and provldlng updates on
various matters.
Replays of recordings of our services are accessible to both Members and non-members who log In to any of
our online platforms and participate in one of our service5. Additionally, they have the capabillty to view
recordings of our services being recapped. Furthermore, an annual vldeo entitled "So Far, So Good is
generated to celebrate and identify the Church's wins and challenges over the course of the year, This
endeavour enhances the Charity's functlons, accessibility and furthers the Chrlstian faith through the online
dissemination of Christian values that are accessible domestically and globally.
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RCCG LIVING WATER PARISH
(A Cha¢itable Tn)$t)
vll.
Church T1th1n￿ Benevolence Glvln8
The congregatlon has perpetually been inspired to embodytheteachings ofthe 8ible through their benevolent
and cheerful contdbutions.
Furthermore, the charitable organisation consistently allocates a portion of its revenue towards charitable
endeavours and tithing. This is accomplished through monthly contributions to churches, community projects,
and a variety of courses per the charity's objectives and goals. This undertaking has brought us one step closer
to accomplishing our charitable objective, which is to mitigate poverty on a global scale.
Concluslon
Due to the successful conclusion of the recuperation process initiated response to the cost-of-living crisis,
which closely followed the pandemic. the year concluded optimistically and with gratitude. The Living Water
Parish is committed to praising God for His benevolence towards its members and the broader community.
The Living Water Parish ha5 once again achieved remarkable success, mainly attributable to its members,
vigilance, which enabled the congregation to welcome new members and substantially impact the community.
The or8anisation has persisted in its commitment to advancing the Christian faith and alleviating poverty.
b. INVESTMENT POLICY AND PERFORMANCE
A5 far as possible. funds will be retained In interest-bearing accounts. The Board of Trustees continues to
explore other safe investment strategies to ensure better returns. In addition, the Trustees would continue to
explore investment options based on the requi51te legal and financial advice/guidance with the aim of making
an informed decision in due course.
c. FACTORS RELEVANT TO ACHIEVE OBJECTIVES
Consistent spiritual inspiration, responsible flnancial management, and enhanced knowledge among the
trustees of their own strategic and fiduciary ￿SponSIbl11t￿e5 are essential components in accomplishing our
goals. This is because the majority of the support for all of the necessary activities required to attain our goa15
can be achieved through divine inspiration, strategic thinking, appropriate financial resource5 and
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RCCG LIVING WATER PARISH
(A Charitable TN8t)
accountabiltty.
FINANCIAL REVIEW
The immediate financial position of the charitable organisation is good, and the long-temi position is stable.
RESERVE POLICY
The Board of Trustees has established a policy whereby the unrestricted funds not committed or invested in
tangible fixed assets I'the free re5erves'1 held by the charitable organisation should be Three131 months of
annual expenditure. Atthis level, the Board of Trustees holds the view that theywould be able to continue the
current activities of the charitable Drg3nisation in the event of a significant drop in funding.
The 8oard of Trustees meets quarterly to review its reserve policy to align with the more comprehensive
strategic plans. This is to ensure that the reserve level we hold is appropriate to our current position and annual
expenditure and to take into full cognlsance what our futLsre strategic plans are.
b. PRINCIPAL FUNDING
Thls Is provided mainly through contributions and donations from members.
PLANS FOR THE FUTURE
a. FUTURE DEVELOPMENTS
As outlined in its governlng documents, the ¢h3rltable organlsatlon will continue to take the necessary artlons
to achleve its primary objectives, which include planting additional churches or providlng support for planting
other churches to advance Its ¢harltable purposes. Furthermore, the charitable organlsatlon shall undertake
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RCCG LIVING WATER PARISH
(A Chafx¢abl¢ Ttust)
substantial measures to expand its resources and sway, which shall subsequently be utilised to advance the
charitable objectives of the organisation further.
The Charity wlll persist in its readiness to collaborate with and offer financial assistance to initiatives that share
similar goals, including conference5, event5, and churches affiliated with non-governmental organisations
INGOs> domestically and internationally. The underlying motivation behind these endeavours is the
overarching goal of proltferating the Chrlstian Faith and its principles on a global scale.
BOARD OF TRUSTEE5' RESPONSIBILITIES STATEMENT
The preparation of the Board of Trustees, report and financial statements in adherence to United Kingdom
Accounting Standards (The United Kingdom GenerallyAccepted Accounting Practise) and applicable legislation
falls under the purview of the Board of Trustees.
The Board of Trustees tnust compile financial statements each fiscal year. To grant approval to the f inancial
statements. the Board of Trustees must be certain that they provide an exact and impartial depiction of the
charitable organization's current condition. as well as its incoming and outgoing resources, income. and
expenditures during the Specified period. The Board of Trustees is obligated to do the following in preparing
these financial statements:
selert and consistently apply appropriate accounting policies-
adhere to the methods and principles outlined in the Charities SORP:
make reasonable and prudent judgements and estimates;
confirm compliance with applicable UK AccountinE Standards. With the exception of any material
deviations that have been di5c105ed and explained in the financial statements;
prepare the financial statements.
The Board of Trustees is responsible for maintainlng sufficient accounting records that provide reasonable
accuracy regarding the charitable organization's financial position at all times. These records also empower the
board to verify the financial statements. Additionally, they are responsible for protecting the charitable
organization's assets and, in doing so, must implement reasonable measure5 to detect and prevent fraudulent
activities and other irregularities.
Page 14 of 17

RCCG LIVING WATER PARISH
(A Chariiable Tn78t)
This report was approved by the Board of Trustees on
by:
of..
025 and signed on its behalf
Olusola Oavid Oludoyi
Paxe 15 of 17