REDEEMED CHRISTIAN CHURCH OF GOD IRCCGI . JUBILEE CHURCH hlANCHFSTER (REGISTERED CHARITY NUMBER_ 1103591) FINANCIAL STATEMENTS FOR THE YEAR ENDfD 31 DEC.EMBER 2023. Cuntent TrusteCS' trlnnual Repurt ExArtiJner's Ilcport Statement cit r.inAniiiil ALtivities BAlantc Sheet Srireineni o>f Cash Fluw io NoEe4 to thL Aicuuiits 11-16 Detwled Srgtenieiirs ()f PiiTrAnci1¥ l Acrivityes 17-18 Redeemed Christian Church of God (RCCG)- Jubilee Chiireh Manchester. Ttu$tees Annual Report F(Trr The Year Ended 31 December 2023. Chaiiiy Ntimbcr- IIOJ59I RcdcciYLea Chrisuan Chutch ofGud (RCCGI- lubilcL Church l.lancli¢%ier Tniéi¢ 'rhL full0wJ￿ fru5tCC5 setved during th¢ I'ea¢". Dasigudu ,1. Igc i C(>ntaLt Add 51 PLIL15 14Lbu* l)tecinci Cen￿e ()xford RoAd lJllche$ter ISRba[undc Mo%ik .I'iica¥c Pwfcs31On￿ Scrvicc5 ()fficc Its. Sygc tsuildinb 120,'Thc IK'icL.tr S1)Lrr￿ld. S3 81 RCCO Jubillc¢ Lhurcli Manchc5tcrwth rt¥sicre(I Charii), IIU3ig1 was rL&4stLfLd on 5 21M)4 and IL Isbkoiretned bjr g frus1 1)ccd da[cd ?il,Ipril l? Iu4 Redeemed Chrlstian Chiirch of God {RCCG)- Jubilce Church Manchester. Trustee$ Annual Report (Contd.) For The Year Ended 31 December 2023. lil Prum()hiigpii)grcs5 In ci'cii. ￿$pCcI o(bfc. I￿ L￿￿delShIP Tt/i￿A￿.b￿Sl￿ vii LlibbcAI piinciple%. Icl GIVI￿ fiEiailCixI A%si%tailtc tts thL l¢ss-priI-iIL￿d chuich incmbers chc lucal CyEnmurrity like utphan%, widLbwS and 5ing4c lil dei¢rmining l)c%t to putfiuc thrsc ol)IcctivLfi, Ilii IfU￿[li￿ hAvc YcferrLJ Tlii Lhirii!. Lommi4*1¢)Il%bTuidantt pubbt btncfiL tkiailfi uf thc activitic% ￿ndCrI1￿C￿ by rhc chariTy diL¢lii¥r I￿1¢ Peri￿( irc bryl.cn undtf ilchiCvemctttS' And PerrurM￿lcQ (Ime in Ihe chtsrch. rhe chiircli tLintii)uOua i￿]n1n¥ pruwTtnmL' %vhicli ciier5 for Ili¢ weltrarL'. spirituJl and 50cJo-cconoinic dLvdopmcnt of thcsc pcoplc.'fh¢ churcli 114?5 ministL'f5 coorthnsllL Ilic Vvluntcers uThlcr the dirLtttun ot'thc N81(sniTe. it ble ACtivilie￿ Achievetnenis in ilie ear Objective l The aidvancenieiir uf Ihe Cliiisiian faiill worldwide in %ccord4nce ivillj d￿cl¢1￿C& sei out in ghe Sf#(ement of Falth coniained itt the schcdule. 1,11 Ivbilc¢ Lhurcli h415 dl h¢alilii' Atr¢fKIAnC¢ nciw Ihdlt iv¢ hav¢ full!. rLtuitKd to scrvic¢s in ￿[Soft..fhC s￿)E pl￿S to K]ngdom Qulturc Ikc) ￿ld fhc Jknsin¥ I'ouLh jfRI) Jnd IhL. (Juidrcn l.hurcli Sirvices. In #d(buon, tlic Church has conunued 19 Str¢aYn the and Kiii¥duw (.'uliut¢ b¢ThicL's tsnlJrt¢. ¥jA Th'ou'L'ubc. -rts Ltsi'c £?￿, Ltsi'c pctsplc ailcl IntluciicL' s￿le[y". bLfiliC. l•tli Editi()n uf Fcstii'al ijf PLai%t. frLslival ul'11[JlsC l)Vcrfrlv￿. I.￿li11Y Cunl¢rL.IliC IK'eckcnd, Cuttfcrence. 20Lh Jlnnivtrs cO￿[cr¢[￿ ille￿.. Railiatc Fiirtliet, EthstL't 4Mass l)Iltrt.￿1i, I)DJtessitJilals LaiLtr Li'Lni. marriag￿ LunFcrcncc, D4} Ind Furum PrL)gyram, Famil5- CunfLfLncc Il'cLkcnd. l.L)upILS DiililL'f. ilUilL'ni ()uirL'.IclI Prts¥irJm. Sing,IL5 (.￿0c[ L￿L￿ll IVI)iidcrs Ilrilk￿jUt N'Um￿r s￿1.$￿)￿￿￿ Lvaiixclism C)uTre,whes An(1 %4kwI LUc¢iii3¥%. Red¢¢m¢d Chtistian Church of God IRCCG)- Jubilee Church Manchester. Trustees Annual Report {Contd.) For The Year Ended 31 December 2023. IDI I.r*Uv￿ Df Pr)iy Manchc%tcr Irop Manthesi¢TI 1% J fi¢r annual ¢Vribl thai # n￿lI)rPr￿S¢. pra)'cr foi the cit> i)t Manchesier thc Unitcd KingknL'fhe first c￿1[￿￿1 (Jt 1-111) M*ib¢hL%[<É h¢ki in 21111 11 A￿lI(1-n￿1rC NliiichtrtLf. 'I'hi% Pt¢)j¢¢E WAS bithcd bi. ll dc5irc ty) t1￿ lhr iichest¢rJJxl thr L'k ai 14r. l.'OP 15 3l%J Jil l¥'CiluC l¢)r bllnging i)f di%'er5e bxk¥r1￿& cultUTL% trijnk ilit L'k i￿c￿lI£ (Jur tzith iii Icsus Chrisi *% Ihe 'li)ur tlic artd CnCiSilV CiJmtniiiYiS' Ci?k¥41>D. Tr I2th tIiL I"{￿(11￿1 L)t P￿1￿. ￿ h¢kl in ￿rs￿>￿ fur Ihc Sc<(Jth4 tinic zlicr ilic piiidmi¢ sircanicd É>nlifx'. IF.) PNimiTrre ￿fe ath.Incemtni and cnh2nCcttJcni ihnwgh Chrnllan vthKh PttiMo￿ 10T￿ w￿￿)￿n8.SPiritL ph￿IC￿l. marid. SL￿ill. tinanci21 and j￿en￿ wete hebj dufioq ihe Objcctlvr 2. The relief Or￿erry worldwldc {io pmvide thistian carc and suppjn w nxnxbers oftbe CDIijtt￿1ty¥ by Ihe provisiotl oifundg.food. servi£es uf any ksndl. IA) The church wntsnucs tv ptv%.de carc ph}￿1(all).. Ti[1t￿lI). ftsf iu cnDrc aEMI m*ilS' frtsm rhtr church. In oui Sundii. brrYlCc%, fw hcthit4 fitwltial al￿ lama]y J55uek (I11'Ihc church conunued ro Sllp￿rt othcTchrisLes y￿11￿)￿*14. inictTkatiunaU} Jn atras thAI in Jirt ￿7th oty"ccDvcs. lQlubilcL Church cmb*rK's uti a spc(5￿ LIisi5tma5 UUt¥fRth tw¥¢￿ uvd.chnstrt￿S'l"￿[kCF H￿pcr Ptoj¢cE" 'This is wgcted gt Ihe iijlnerable in thc StiL￿ty, ¢nSufiw ihAI Ikj. (X￿￿LL ihL. ith'r ui Gul duTiry th¢ clii151m￿ sca5vn. 11)) c)ur (At} IK'iduwS artd Sin¥k li lothLYS Pfoicci IS a.1l(tht￿Y 5PJtiwJi ￿Med ai ￿ry&w$ Ofdy bui w15 r¥lcrKlcd ID ICC(bmmo&L¢ moihcts Jthd Iv l)¢ Uitjmled itsoTrhan5."lknr gJtVUP￿5ASts fKKfjnl5' of church mcrnbc15. but tsIIILr 8in¥lc mu¢hcr5 WIEhitt (JrL￿1Cr M￿chcSt￿r. hlcmlK'rthJp ¢l'ihL YU￿•¢)￿ngcn￿[II 0[kn.h￿d or motlwrhood gre rneL thegttsup b￿$ bW)wn trom 2ts ￿ &￿tr￿lI￿n. Mvre f¢<¢Dtty iin ￿14)￿ hAI'C prulidcd lihinci￿ aswstance ro ?round JU mdnEhly. Ihe ￿T￿rmi(. (he R>yllI￿1 vl.this ￿1r￿￿cl￿ (hayd irum ilptil (v ilbwc Jnth thir(t cijntscl Iirith t cliuicli re4ucsDng fL￿a$s1$yAnce th[￿ t)(Trt Ihc t￿l¢-I-M￿nih aiwJKlJncc Wctt held ￿1￿( iv April ￿2ts. IE) W'c a150 run a Fwd Bwk Its 255￿[ thc Indy(. EwJ)x.k.ss nu}. b¢ iolyJJ fo￿ in thr High Sttcci Shops. 'C IJCrisSionJllJ' ptoiylt intcycst trcc htns to member5 cth den￿n￿r￿¢ Duwihe ￿demic, we ffj¢rtrJsed rht numbci ot'da}'5 to JCCCSS the l(th ba5)k to 3 day5 3 ￿ck wth)cc to tKlp ￿0p￿ whr& veie Iinpacicd b!. Ilic rI￿n￿l c05t vt Iwjd cris￿. Rli.SERVES POLICY IL."f¢u%TL¢S rciiew IliL Kcsct5￿s ￿11¥ uf ihaniv an￿￿￿￿...n￿ LIKuMpa￿s nwur¢ ui thc atsd ￿t￿n￿LUt(. stILAms. Tr. Trilsttt s tX)lic) is *nCril1￿ mainiaii? rc5L Th'¢$ai a luw IV iprth_' chanucs Ils IA t liLthI of[￿ incoLnL &rn¢￿ted. IIIL Irusiet$ coli￿L[l￿ IliAI Ihc balanu. ot thL. Ilttrcslicld funds r¢3s0nabk. PrinLipAI furtdin¥suut¢es 'riic church mcKnbcr5 tv be th¢ vt int￿￿￿ in fU[m￿r￿m￿L￿￿ns 4ndyttsJiven churh. GiftAA ks d￿rncd incvme ftt)m fit crifciFa. fhrinxtlie }￿. pjnknit. Ihtrt * fKJuccalA¢ ir*rease ￿1 reveThve gs cuiiiribllt￿￿S Iiom n)cmbers irK¢egx(l. FUTURE PIJNS c IL￿￿.1nbT rrfiirbishinbi our Site.￿ tkn5 w%'r US iht [￿(1￿¢111T Iv influcJK¢ ihe ￿. pruifidm¥2 (￿ge ¢Jl'senices. liicll Arc vuII) ￿la dcpidsiLpn In PCoppIL. Redeem¢d Chtistiats Church tsf God (RCCG) - JubAlee Church Manchester. Trustees Annual Report (Conid.) Fot The Year Ended 31 December 2023. STRUCTURE, COVERNANCL. AND MANAGEML?NT Yeinin4rDuLumcrt( Requirerneni alld Apposntmcnts of I)e￿ Trugtee5 I'hc ()f thc church 14 rhc tL.4PlJil%ibilii!' ihL Ccflllllllciiding ncw-frusicc5. N'cw Iru5tces at¢ K.Icct¢d (In tht Mg%1s tjt Ci>iir¢ibullC>ft ihAi ches, wll mak-¢ t(> the gwvernAnc¢ lif chc Orgatii$aiiun41 Siiuciure WIIO 14 ihe 5cniOI Pi$tui L)Iluhil¢e Lhu¢ch M451ch¢4r¢r Inductiotk Hnd Tr#AnADgof N¢%% Tru6iee& LI)￿ra￿all wodd uSL￿￿lY Illttsini iicu.'IiwSEccS uFsviTK lSPCCtS Lul¢.'J tuSC¢i$ Ji¢ cncouta¥¢d io Jii¢nd *pptoprigw cyicrn Going Gjnccrn RclJted Puriies W(Jild.'fhc rclationship isBNJ%-iiilid b} *n'.l('.Rl.'L.Ml..N'I' I--(IR LI),11.MI PL IIIJ{ i.%i5' bLtWCCxl the paLishLS And RC(.'G. FINANCIAL REVIEW LW6.6751 ￿11￿¢11 Is 3'1Tr IncfLW In 11)Cym¢ C￿m￿red its125t}rar which can T1￿ ChxrliS Trusiecs 4r¢ t¢$iiuiisiblo -rh¢ liw *pplicablc cli￿711cS rc4uirc5 tht IiuSteLS prepAr¢ tl)e CinknthAI siaiemenis ivhicl) goi'cs 4 rwc and f&ir vi¢w (bf Ihe 5[J￿e Red¢etned Christian Church of God {RCCG) - Jubilee Chutch Manchester. Ttustees Anniial Report {Conid.) For The Year Ended 31 December 2023. -IlJkL jULI￿￿e￿IS aiiJ esDniarLS Ihii CLlSlJnablL IiiJ iirLKleilt %rJic ￿t?¢th￿r.1pPLILfjb￿. LIK.ICCiiurtiing %t1ndatd% have thll()wed-, Si>ileJneni tsf di8cIo8ufE of infuijiidtion iu Aiidili)r i￿1￿cd Oli Belilllf Of'fhc Chfiriis'1'ru5tCC5 PAUL 6oLUJJ.l1 ihc rrvsiccq rlj IDaini￿n bixJl% atd iciurtL% and ￿Part xtvuntkThc pwVi$M*nS ¢Athc tru4t &cd IL4¥iirc tliL iru%LC¢S [¢1 Pic￿rr lininciai slatcmcnL* tl*rL*h lin1nc￿ A iru¢ f•iTI'iewi>f rhc sra* ijf af(wrJ ()[ ihc chiiitS' dlTid ()f the iilClJmin8 fcYiUiCCS 4pplicall(￿ ()f r¢5(Jur iitcnwm. My Lx1￿ ITliiii4 livii cAiric¢l 111.JCCiJtd)IK¢ ￿lih im. thrttutsn wi'¢t) by Ihc C.knni> wnmLuKJn. Illl LXdiminal￿n Includcl thL rLIILW Ut thL Aiiwnt*n¥ kLy by 1￿Chan15. 1 (unit4riYJn ulthc li nl4u IiicIL￿l.S Cull4dc11Clun tsl *11s' YDuswII i14m$ in LIK. IttL¥JnLS A sttkin¥ 'IIK' iir(Keduies undellakeii dts iitsl proi'mk. lh¢ ihwi w(xdd be revi￿d in Nni. and ¢onioiiutndy I dts not expiL*J Illl LYnK￿ i>n i￿. vliW￿v¢￿ ￿. Ik. 4¢¢wnu. Iii prLPiifL.ICCuunis wliicli'.ICCvrd witli ihc ACCIWIIDEW rttvrds ffwtcmEnts of th¢ a>1 l Ac¢ , lu wliich, in mv CbPlnl(Hl resuurr#ts expend¢J N&il L'xpettdl¢Lifc 166 194 11fi6,194) 157,384 1166.1941 1166,1941 157,384 1144 &24 1,144 624 i JJU ¥1¥ Redecmed Chri$iion Church of God (RCCG)- Jubilee Chiirch Manchester Balance Sheet As A(31 December 2023. 2023 2022 NutL'S ixcdA8sets 821K1611 8(W,184 Curienr A%set8 71,435 Casli at ￿ll￿- & in h?nd 342,Q66 518,162 CredsLofs Atnount Falling (lue wiihiD One year 116,5281 501,63 316,464 Tvldl A¥8¢ts ICSS Cuitettt Ltiabiliiies 1,144,624 1 JIO.818 CrediiThr4= Amounis Fallill8 diic dftei ￿l0￿c ¢liiili liiie year Net AssetB 1,144.624 1.310.818 Represented by kciumulat¢d l u￿1 1,144,624 1,31V,¥18 ftLSLn'LS l.J44 624 I JID.818 iiknicd (lft BehAlf ill Ihe LhaiitJ'l'ruST¢ts RAUL£DL Redeerned Christian Church of God {RCCG) - JubAlce Church Manchester Sraiement of Cash Flows For The Year Ended 31 December 2U23. 2023 2022 sli flo￿.8 froni uperaTing llcijviiie8 1166,IY41 157.384 AdjiJ*tmeni8 for.. 25,578 25,678 %% (>n dip(15￿ i>t.L'an_￿￿IC fixcd &%sc15 47.7.18 174.niJ31 33,361 75,608 N¢i cgsh u8ed in opergling aCTiviiie8 83.784 105 105 NeL Lash used in ini'r$ting ACtiviti¢s 44,554 Ne¢ cash used in fJn#ncing &Liiviiies Nc( incre&%elldecseasel iji EJsli aiid LA%II L'quiv￿1￿.llL$ 11243381 75.503 323.466 398,969 3lJ8.É)6l) 270,631 Conipoaeni of cash and c#sl) e4uivul¢iiis 2711.631 270 631 Redeemed Christian Chut¢h of God (RCCG)- Jubilee Church Manchestez. Noies to ihc Account Foi The ye￿ Ended 31 D¢¢¢mber 2023. I l.) Acetyurttirt8 PtsliLies JSa6i8 vf pMyaring ¢h¢ finan¢iiil st￿1tL￿7%n1& Changes in basis of *¢counriii&ur ru prei'ious aiivilllTS Unrestricicd fuiid%'. ￿¢￿1￿70[¢d fun¢l$'. Kesititted fiinds= EicLugnitiun ul"illLUtnc'. nc(Jftie with related expettdiiiire.. D()iiatl()n& l¢gAeiL$-. Vuluntiri. Incomc ILCLlI'cd bi. I1'21' tstr gTr￿lL5. donaiiullS ￿ldS￿lEt$ is intliidLd in iliL wliLn ictt'lvablc and onli. whcll thc Cliiitty hts rLcl&inis oji donaLivll8 und ¥ifi8'. Doniiicd scrviccs and 1llcibiiL'￿'. Vulunlccr liclp.. GAi118llk)ssesl oll ini'eRiniei)l ai%setg'. Ex"pendiiureB IILLugnitiun uf cxpcnditurr.. Redeemed Christian ChLLrch of God (RCCG) - Jubilee Church Manchester. Notes 10 the Account FL)t The Year Ended 31 December 2023. Ex￿ndiT￿re un raising lunds. Gt#n¢s PJyable'. Illl iNpcndituic ]* aCt¢iiirtieJ *()[ In iwsJ% illus an a¢clu￿ t(JrgtrKJnis th&1 have bccn llPI)frJved bs. the trusiees OtlJL'I expenditiire.. Tthxlltl¢Jn Taiigible fixed aA8eis aiid deprLLiauon'. -llseliiild Pr￿￿[[Y CiJnii)uier kqiiipnien18 I￿/ Cash llnd cash 4uivalenl5'. I'radL Jnd othtt crediiorg- Red¢¢med Christian Church of God (RCCG}- JLkbiiee Chutch Manch¢st¢r. Notes to the AccoLLni For The Year Ended 31 December 2023. S$Li$ held under linancc l¢a%¢< Jr¢ dcprccidiIed In Ilic simL ￿a5- ￿81}wIlL￿ a55CLS. l. ItLcumL and Endu￿￿1¢11J.4411 2.7l)2 J,3b2 -s,￿75 3,875 16.582 5.357 l.I,lrfJ7 4,774 24.IlY? 2,7YI> 2,7É)6 131,42 67.o¢)7 24,NW 7,6Y.q (A.332 68,777 24.8IK 55Y 268 559 26 224.154 224,154 2J,71C IA7,4911 2.V31 2,031 Redeemed Christian Cliurch vf God (RCCG) - Jubilee Church Manchester. Detailed Statement Of FinanctAI ActiipitlLS. For ThL. Yeai Elided 31 Deceinber 2023. UnrL'sirictcd Fiinds 2023 2022 F.) Moior artd Iravcl Lu8l% 2.824 02,564 65,388 2,824 62.5fA 65 88 2.728 44.J57 G.) Preilli8èA Lu#t£ 14.Y2 14,342 4.sn7 24,573 J556 5.783 12.n -35,¢W3 6,71)2 5.liYI ).5iG 5.783 j,07) 142 701 21.Y57 3,U32 3.132 468 77 778 15,.142 7￿1￿ 4U I,OJS,567 72l)291 1166.1941 IS7.384 106,194 166,194