# THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
Charity reg. no 1113658
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 DECEMBER 2024
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## THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## CONTENTS
|Reference and administrative details of the charity|3|
|---|---|
|Trustees’ report|4 - 7|
|Independent examiner’s report|8|
|Statement of financial activities|9|
|Balance sheet|10|
|Notes to the financial statements|11 -14|
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THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDING 31 DECEMBER 2024
Trustees Mr Lucky Albert Mr Taiwo Ayodele Olofinusi Mr. Babatunde Adebayo Sodipo Mrs. Olubunmi Oludayo Oyenekan Charity registration number 1113658 Principal Office 25 Spring Grove Road Hounslow Middlesex TW3 4BE Pastor in charge Pastor Oluwole Oyenekan Independent Examiner Akintayo Ojo FCCA Resource Management Consultants Ltd 46 Hollywood Way Erith DA8 2QE Bankers Barclays Bank plc 210 High Street Hounslow TW3 1DL
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## THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## TRUSTEES’ REPORT
## FOR PERIOD ENDED 31 DECEMBER 2024
The Trustees submit their annual report and the financial statements of the Redeemed Christian Church of God House of Peace for All Nations (the charity) for the year ended 31[st] December 2024. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.
## STATUS
The charity was constituted under a Trust deed dated 22[nd] January 2006 and is registered in England and Wales on the 6[th of] April 2006 with charity number 1113658.
## APPOINTMENT OR ELECTION OF TRUSTEES
Trustees are appointed and or co-opted under the terms of the trust deed.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEE’S The induction process for a newly appointed Trustee comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the Pastor in Charge on the powers and responsibilities of the trustees.
## ORGANISATIONAL STRUCTURE AND DECISION MAKING
The charity is organised so that the Trustees meet regularly to manage its affairs. The Pastor in Charge manages the day-to-day administration of the church.
## RELATED PARTY RELATIONSHIPS
RCCG House of Peace for All Nations is a parish of The Redeemed Christian Church of God which has parishes all over the world. The parish’s relationship with other parishes is governed by an ‘Agreement for Common Purposes’.
## RISK MANAGEMENT
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity and are satisfied the systems are in place to mitigate our exposures to the major risks.
## OBJECTS AND ACTIVITIES
The principal object is the advancement of Christian faith worldwide and the relief of poverty. To promote any charitable activity for the benefit of the local people. To achieve its objectives, the church adopted the following strategies:
- Running seminars in the church with proven ministers of the faith to guide members in the various aspect of Christian faith,
- Support for other charities and Christian events,
- Providing overseas aid and famine relief, and
- Involving in economic and community development
The activities for achieving its objectives include:
- Sunday worship service, midweek service, bible study, house fellowship and daily prayer.
- Community outreach, conferences, and events
- `Page 4`
THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
TRUSTEES’ REPORT (Continued) FOR PERIOD ENDED 31 DECEMBER 2024
- Welfare support to members and public, and
- Various missionary activities
## GRANT MAKING POLICY
Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other RCCG Programmes. The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who are in need.
## VOLUNTEERS
The church is grateful for the unstinting efforts of its volunteers who were involved in providing services for the charity. It is estimated that over 1500 hours were provided by volunteers during the year. If this is conservatively valued at £10.00 per hour, the volunteer’s effort will amount to over £15,000.
## REVIEW OF ACTIVITIES
The church experienced a stable growth in its physical and spiritual activities during the year, in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in its trust deed.
The charity held a family outing in the community park. This enabled the young people to come together. It also started her door-to-door evangelism and sharing of the gospel. The church marked the fathers’ day and mothers’ day for members of the community. Several online seminars were also held in the year. The women group of the church had their annual conference; Themed “Sisters in Strength” this is aimed at helping women discover their God given vision. The Children department organised an outdoor programme for the children. The programmed is to promoted confidence building among young people. The charity celebrated her 20[th] anniversary with an event that brought together members of the community.
## INVESTMENT POLICY
The Trustees have decided that at present, funds should be retained in Banks and Building Societies, and as far as possible in interest bearing accounts.
## RESERVES POLICY
The Trustees’ policy is to have unrestricted and uncommitted funds (free reserves) to cover 3 to 6 months of resources expended which equals to £6,250 to £12,500 in general funds. They feel that this would enable the current activities to continue if there is a significant drop in funding. It would obviously be necessary to then consider how the funding would be replaced or activities changed. The present free reserve is within the range, but the Trustees are continuing to seek additional unrestricted funds to build up its reserve.
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## THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
TRUSTEES' REPORT (Continued) FOR PERIOD ENDED 31 DECEMBER 2024
## PRINCIPAL FUNDING
Funding has been provided mainly through tithes and offerings by church members and through gift aid. Pledges are also taken for specific projects.
## FUTURE DEVELOPMENT
The charity continues to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in society.
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THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## TRUSTEES' REPORT (Continued) FOR PERIOD ENDED 31 DECEMBER 2024
## STATEMENT OF TRUSTEES' RESPONSIBILITIES
The charity trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgement and estimates that are reasonable and prudent;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The trustees recognise their responsibilities to keep proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.
Approved by the Trustees on 8/10/2025 and signed on their behalf by:
Mr. Babatunde A Sodipo Trustee
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THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## INDEPENDENT EXAMINER’S REPORT
FOR PERIOD ENDED 31 DECEMBER 2024
TO THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD – HOUSE OF PEACE FOR ALL NATIONS.
I report on the accounts of the charity for the year ended 31[st] December 2024 which is set out on pages 8 to 13.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE EXAMINER The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 142(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of Charities Act 2011;
- follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
- • state whether matters have come to my attention.
## BASIS OF EXAMINER’S STATEMENT
My examination was carried out in accordance with the General Directions given by the Charity 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 you as trustees concerning 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 the report is limited to those matters set out in the statements below.
## EXAMINER’S STATEMENT
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 trustees have not met the requirements to ensure that:
- proper accounting records are kept (in accordance with section 41 of the Act); and
- accounts are prepared which agree with the accounting records and comply with the accounting requirements of Act; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Ojo Akintayo
Akintayo Ojo FCCA
46 Hollywood Way Erith Kent DA8 2QE
Date: 13/10/ 2025
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Page 8
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## THE REDEEMED CHRISTIAN CHURCH OF GOD
## HOUSE OF PEACE FOR ALL NATIONS
## STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 DECEMBER 2024
|
Notes
INCOMING RESOURCES
Donations, legacies & similar incoming resources
2
Activities in furtherance of charity's object
3
Investment income
4
Other Income
5
Total incoming resources
RESOURCES EXPENDED
Charitable expenditure
Grants payable - individual
6
Grants payable - institutional
7
Costs of activities in furtherance of
charities objects
8
Management and governance costs
9
Other expense (Post box account)
10
Total resources expended
Net (outgoing)/incoming resources for year
Total funds at the start of the year
Fund transfers
BALANCE AT END OF YEAR|Unrestricted
Funds
**2024**
£
40,018
-
1,493
-|Restricted
Funds
**2024**
£
-
40
-
-|Total
Total
Funds
Funds
**2024**
**2023**
£
£
40,018
32,915
40
70
1,493
918
-
-
41,551
33,903
-
-
9,369
10,416
32,556
30,803
850
890
-
-
42,775
42,109
1,224
-
8,205
-
113,252
121,457
-
-
112,028
113,252|
|---|---|---|---|
||41,511|40||
||-
9,369
32,556
850
-|-
-
-
-
-||
||42,775|-||
||1,264
-
80,542
-|40
32,710
-||
||79,278|32,750||
Movements in reserves and all recognised and losses are shown above
The charity's incoming resources and resources expended all relate to continuing activities.
Page 9
## THE REDEEMED CHRISTIAN CHURCH OF GOD
## HOUSE OF PEACE FOR ALL NATIONS
BALANCE SHEET AS AT 31 DECEMBER 2024
|Notes
FIXED ASSETS
Tangible Fixed assets
Other investment
10
CURRENT ASSETS
Cash and bank balances
11
Debtors
12
LIABILITIES
Creditors
13
(amount falling due within one year)
Accrual and deferred income: accountancy fees
NET ASSETS
CHARITY FUNDS
General - unrestricted
1d
General - restricted
1e
TOTAL FUNDS|**2024**
£
1,250
-
1,250
108,628
3,000
111,628
-
850
850
112,028
79,278
32,750
112,028|**2023**
£
1,206
-|
|---|---|---|
|||1,206|
|||112,697
-|
|||112,697|
|||-
650|
|||650|
||||
|||113,252|
|||80,542
32,710|
|||113,252|
Restricted funds represents donations received for acquiring a permanent place of worship.
The accounts have been prepared in accordance with the special provision of Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued March 2005 as modified for smaller charities
Approved by the Trustees on 8/10/2025 and signed on their behalf by:
Mr. Babatunde A Sodipo **Trustee**
Page 10
THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 DECEMBER 2024
## 1. ACCOUNTING POLICIES
- (a) The accounts are prepared under the historical cost convention and in accordance with applicable accounting
standards. They follow best practice as set out in the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued March 2005 as modified for smaller charities.
- (b) Income and expenditure is accounted for on an accruals basis.
- (c) Fixed assets comprise furniture and equipment and musical equipment and have been costing more than £250.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Musical equipment - 25% reducing balance Furniture and fittings - 25% reducing balance Computer equipment - 25% reducing balance
(d) Unrestricted funds are incoming resources received for the objects of the charity without further specified purpose and are available as general funds.
(e) Restricted funds are subject to restrictions on their expenditure imposed by their donors.
|
2. DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES
Collection and other donations
Tithe
Collection at all services
Sundry donations
Gift Aid recovered
3. ACTIVITIES IN FURTHERANCE OF CHARITY'S OBJECT
Building fund
4. INVESTMENT INCOME
Interest received|Unrestricted
Funds
**2024**
£
23,450
16,468
100
-|Restricted
Funds
**2024**
£
-
-
-
-
-
£
40
40
£
-|Total
Total
Funds
Funds
**2024**
**2023**
£
£
23,450
18,204
16,468
14,433
100
278
-
-
40,018
32,915
£
£
40
70
40
70
£
£
1,493
918|
|---|---|---|---|
||40,018|||
||£
-|||
||-|||
||£
1,493|||
Page 11
## THE REDEEMED CHRISTIAN CHURCH OF GOD
## HOUSE OF PEACE FOR ALL NATIONS
## NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 DECEMBER 2024
|Unrestricted
Funds
**2024**
6. Grants payable - individual
£
Individual welfare
-
7. Grants payable - institutional
£
Charitable giving -UK
9,369
Charitable giving -overseas
-
Total
9,369
List of institutional grants payable
£
RCCG WEM
World evangelism
7,619
RCCG Central Office
Central Office Suppo
600
Camp ground
Central Office Suppo
-
Compassion
Mission support
300
Others
Mission support
850
Total grant payable - institutional
9,369
8. COST OF ACTIVITIES IN FURTHERANCE OF CHARITY'S OBJECTS
Guest ministers expenses
500
Hall hire, rent & rates
7,708
Telephone
331
Welfare
3,150
Missions and evangelism
1,302
Printing, postage, stationery
706
Children & youth work
2,324
Community projects
1,611
Music licence & equipment
291
Insurance
252
Conference & missions training costs
542
Sundry expenses
1,620
Depreciation
818
Staff cost
11,402
32,556
9. MANAGEMENT AND GOVERNANCE COSTS
**£**
Professional fees
-
Examiner's fees - accountancy
850
850|Restricted
Funds
**2024**
£
-
£
-
-
-
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**£**
-
-
-|Total
Funds
**2024**
£
-
£
9,369
-
9,369
£
7,619
600
-
300
850
9,369
500
7,708
331
3,150
1,302
706
2,324
1,611
291
252
542
1,620
818
11,402
32,556
**£**
-
850
850|Total
Funds
**2023**
£
-|
|---|---|---|---|
||||£
10,416
-|
||||10,416|
||||£
4,516
600
5,000
300
-|
||||10,416|
||||450
7,196
194
675
667
879
3,419
1,525
527
246
643
519
602
13,259|
||||30,803|
||||**£**
240
650|
||||890|
Page 12
## THE REDEEMED CHRISTIAN CHURCH OF GOD
## HOUSE OF PEACE FOR ALL NATIONS
NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 DECEMBER 2024
## 10. TANGIBLE FIXED ASSETS
|**Cost**
At 1 January 2024
Additions
At 31 December 2024
**Depreciation**
At 1 January 2024
Charge for the year
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023
11. CASH BALANCES
Cash at Bank
12. DEBTORS
Loan to member
13. CREDITORS
(amount falling due within one year)
Accrual and deferred income: accountancy fees|Musical
equipment
£
2,538
863
3,401
2,031
469
2,500
901
507|Office
equipment
£
1,585
-
1,585
887
349
1,236
349
699|Total
31-Dec
2024
£
4,123
863
4,986
2,918
818
3,736
1,250
1,206
Year ended
31-Dec
2024
£
108,628
108,628
Year ended
31-Dec
2024
-
3,000
3,000
Year ended
31-Dec
2024
-
850
850|Total
31-Dec
2023
£
4,123
-|
|---|---|---|---|---|
|||||4,123|
|||||2,316
602|
|||||2,918|
||||||
|||||1,206|
|||||Year ended
31-Dec
2023
£
112,697|
|||||112,697|
|||||Year ended
31-Dec
2023
-
-|
|||||-|
|||||Year ended
31-Dec
2023
-
650|
|||||650|
Page 13
THE REDEEMED CHRISTIAN CHURCH OF GOD
HOUSE OF PEACE FOR ALL NATIONS
NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 DECEMBER 2024
## 14. RELATED PARTY TRANSACTIONS
During the year, the church paid institutional grants to other RCCG organisations such as the World Evangelism Mission as stated in note 7.
## 15. STAFF COST AND NUMBERS
||||
|---|---|---|
|15. STAFF COST AND NUMBERS|Year ended|Year ended|
|Staff costs were as follows|31-Dec|31-Dec|
||2024|2023|
||£|£|
|Wages and salaries|8,850|8,850|
|Social security costs|150|150|
||9,000|9,000|
||Year ended|Year ended|
|The average number of employee during the year was as follows|31-Dec|31-Dec|
||2024|2023|
||No.|No.|
|Pastoral|1|1|
|Charity administration|-|-|
|Total|1|1|
No employee received remuneration amounting to more than £50,000 in the year.
## 16. NET INCOMING RESOURCES/(RESOURCES EXPENDED)
|16. NET INCOMING RESOURCES/(RESOURCES EXPENDED)|||
|---|---|---|
||Year ended|Year ended|
|This is stated after charging|31-Dec|31-Dec|
||2024|2023|
||£|£|
|Depreciation of tangible assets owned by the charity|818|602|
|Independent Examiner's fees|850|650|
## 17. TAXATION
RCCG House of Peace for All Nations is a registered charity and all of its activities are tax exempt under rules of taxation granted to charities.
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# THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
Charity reg. no 1113658
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 DECEMBER 2024
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## THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## CONTENTS
|Reference and administrative details of the charity|3|
|---|---|
|Trustees’ report|4 - 7|
|Independent examiner’s report|8|
|Statement of financial activities|9|
|Balance sheet|10|
|Notes to the financial statements|11 -14|
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THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDING 31 DECEMBER 2024
Trustees Mr Lucky Albert Mr Taiwo Ayodele Olofinusi Mr. Babatunde Adebayo Sodipo Mrs. Olubunmi Oludayo Oyenekan Charity registration number 1113658 Principal Office 25 Spring Grove Road Hounslow Middlesex TW3 4BE Pastor in charge Pastor Oluwole Oyenekan Independent Examiner Akintayo Ojo FCCA Resource Management Consultants Ltd 46 Hollywood Way Erith DA8 2QE Bankers Barclays Bank plc 210 High Street Hounslow TW3 1DL
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## THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## TRUSTEES’ REPORT
## FOR PERIOD ENDED 31 DECEMBER 2024
The Trustees submit their annual report and the financial statements of the Redeemed Christian Church of God House of Peace for All Nations (the charity) for the year ended 31[st] December 2024. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.
## STATUS
The charity was constituted under a Trust deed dated 22[nd] January 2006 and is registered in England and Wales on the 6[th of] April 2006 with charity number 1113658.
## APPOINTMENT OR ELECTION OF TRUSTEES
Trustees are appointed and or co-opted under the terms of the trust deed.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEE’S The induction process for a newly appointed Trustee comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the Pastor in Charge on the powers and responsibilities of the trustees.
## ORGANISATIONAL STRUCTURE AND DECISION MAKING
The charity is organised so that the Trustees meet regularly to manage its affairs. The Pastor in Charge manages the day-to-day administration of the church.
## RELATED PARTY RELATIONSHIPS
RCCG House of Peace for All Nations is a parish of The Redeemed Christian Church of God which has parishes all over the world. The parish’s relationship with other parishes is governed by an ‘Agreement for Common Purposes’.
## RISK MANAGEMENT
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity and are satisfied the systems are in place to mitigate our exposures to the major risks.
## OBJECTS AND ACTIVITIES
The principal object is the advancement of Christian faith worldwide and the relief of poverty. To promote any charitable activity for the benefit of the local people. To achieve its objectives, the church adopted the following strategies:
- Running seminars in the church with proven ministers of the faith to guide members in the various aspect of Christian faith,
- Support for other charities and Christian events,
- Providing overseas aid and famine relief, and
- Involving in economic and community development
The activities for achieving its objectives include:
- Sunday worship service, midweek service, bible study, house fellowship and daily prayer.
- Community outreach, conferences, and events
- `Page 4`
THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
TRUSTEES’ REPORT (Continued) FOR PERIOD ENDED 31 DECEMBER 2024
- Welfare support to members and public, and
- Various missionary activities
## GRANT MAKING POLICY
Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other RCCG Programmes. The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who are in need.
## VOLUNTEERS
The church is grateful for the unstinting efforts of its volunteers who were involved in providing services for the charity. It is estimated that over 1500 hours were provided by volunteers during the year. If this is conservatively valued at £10.00 per hour, the volunteer’s effort will amount to over £15,000.
## REVIEW OF ACTIVITIES
The church experienced a stable growth in its physical and spiritual activities during the year, in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in its trust deed.
The charity held a family outing in the community park. This enabled the young people to come together. It also started her door-to-door evangelism and sharing of the gospel. The church marked the fathers’ day and mothers’ day for members of the community. Several online seminars were also held in the year. The women group of the church had their annual conference; Themed “Sisters in Strength” this is aimed at helping women discover their God given vision. The Children department organised an outdoor programme for the children. The programmed is to promoted confidence building among young people. The charity celebrated her 20[th] anniversary with an event that brought together members of the community.
## INVESTMENT POLICY
The Trustees have decided that at present, funds should be retained in Banks and Building Societies, and as far as possible in interest bearing accounts.
## RESERVES POLICY
The Trustees’ policy is to have unrestricted and uncommitted funds (free reserves) to cover 3 to 6 months of resources expended which equals to £6,250 to £12,500 in general funds. They feel that this would enable the current activities to continue if there is a significant drop in funding. It would obviously be necessary to then consider how the funding would be replaced or activities changed. The present free reserve is within the range, but the Trustees are continuing to seek additional unrestricted funds to build up its reserve.
```
Page 5
```
## THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
TRUSTEES' REPORT (Continued) FOR PERIOD ENDED 31 DECEMBER 2024
## PRINCIPAL FUNDING
Funding has been provided mainly through tithes and offerings by church members and through gift aid. Pledges are also taken for specific projects.
## FUTURE DEVELOPMENT
The charity continues to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in society.
```
Page 6
```
THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## TRUSTEES' REPORT (Continued) FOR PERIOD ENDED 31 DECEMBER 2024
## STATEMENT OF TRUSTEES' RESPONSIBILITIES
The charity trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgement and estimates that are reasonable and prudent;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The trustees recognise their responsibilities to keep proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.
Approved by the Trustees on 8/10/2025 and signed on their behalf by:
Mr. Babatunde A Sodipo Trustee
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THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF PEACE FOR ALL NATIONS
## INDEPENDENT EXAMINER’S REPORT
FOR PERIOD ENDED 31 DECEMBER 2024
TO THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD – HOUSE OF PEACE FOR ALL NATIONS.
I report on the accounts of the charity for the year ended 31[st] December 2024 which is set out on pages 8 to 13.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE EXAMINER The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 142(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of Charities Act 2011;
- follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
- • state whether matters have come to my attention.
## BASIS OF EXAMINER’S STATEMENT
My examination was carried out in accordance with the General Directions given by the Charity 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 you as trustees concerning 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 the report is limited to those matters set out in the statements below.
## EXAMINER’S STATEMENT
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 trustees have not met the requirements to ensure that:
- proper accounting records are kept (in accordance with section 41 of the Act); and
- accounts are prepared which agree with the accounting records and comply with the accounting requirements of Act; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Ojo Akintayo
Akintayo Ojo FCCA
46 Hollywood Way Erith Kent DA8 2QE
Date: 13/10/ 2025
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