THE REDEEMED CHRISTIAN CHURCH OF GOD
AMAZING GRACE CHAPEL HULL
Charlty reg. no l 119496
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

THE REDEEMEO CHRISTIAN CHURCH OF GOD- AMAZING GRACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
CONTENTS
CONTENTS
PAGE
Reference and admlnistratlve details
Trustee's report
Independent Examlner's
Statement of Financlal Activltles
Balance sheet
io.
Notes to the flnanclal statements
Page I

THE REDEEMED CHRISTIAN CHUFiCH OF GOD - AMAZING GRACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
REFERE NCE AND ADMENISTRATIVE DETAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS
Trustees
Pastor M Bako - Resigned 29 June 2026
Pastor O l Aleshinloye - Resigned 31 July 2026
Pastor E Enell - Resigned 29 June 2026
Pastor E R Inwe
Nr A Sowu nml - Appolnted 29 June 2026
Pastor M Olorunlogbon - Appointed 29 June 2026
Mr T AleshSnloye- Appobnted 29 June 2026
Registered Charity
Number
1119496
Correspondence Address
71173 6everly Road
Hull
East Yorkshbre
HU3 IXL
Pastor in Charge
Pastor Olumlde l Aleshlnloye
Bankers
Natwest Bank PIC
Wlllerby and Klrk Ella (A) Branch
The Square
Wlllerby
east Yorkshire
HUIO 7UA
Accountant
Akintayo Olo FCCA
Resou rce Management Consultants Llmlted
Chartered Certified Accountant
46 Hollywood Way
Erith
DA8 2QE
Page 2

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GPACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
REPORT OF TRUSTEES
The Trustees present thelr annual ￿POrt together wlth the financlal statements of The Redeemed
Chrlstlan Church of God Amazlng Grace Chapel Hull (the Charlty) for the year ended 31 March 2026
The trustees conflrm that the annual report and flnanclal statements of the charlty have been prepared
In accordance with the policles set out Sn note I to the accou nts and comply wlth the charity's trust
deed, the Charities Act 2011 and Accou ntlng and Reportbng by CharitSes.' Statement of Recommenijed
Practlce (SORP) applbcable In the UK and Republlc of Ireland published on 16 July 20 14
OBJEcfIvES AND ACTIVITIES
The principal obj.ect 55 the advancement of Christlan faith worldwlde and rellef of poverty. To promote
any charltable attivlty for the beneflt of the local people. To achleve thls objectlve, the church adopted
the followlng strategles..
STRATEGIES FOR ACHIEVING THE OBJEcfIvES
The charlty has adopted the following strategies for achievlng the above objectives..
Planting churches
Running seminars In the church with proven minlsters of the falth to gulde members In the varlous
aspects of Christlan faith,
Support for other charltles and Chrlstian events,
Provldlng overseas aid and famlne rellef, and involvlng in economlc and communlty development,
Communlty outreach evenls,
Conferences and events,
Welfare support to members and general publlc, and
Various m15slonary actlvltles
PUBLIC BENEFIT STATEMENT
The Board of Trustees confirm that they have met thelr duties in strlct compllance with the provlslons
of section 4 and 17 of the Charltles Act 2011 and have due regards to the Charity CommSs5ions' general
gu idance on public beneflt. Partbcular consideratlon has been given to the Charlty Commisslon's
supplementary public guidance provlsions on the advancement of religlon for publlc benefit.
PUBLIC BENEFITS
The Church's Sunday and mld-week servlces as well as prayer meetings are open to the general publlc
to bulld on thelr ChrSstlan falth. Apart from Its Church actlvltles, the charlty was Involved In the
followlng public benefit efforts..
The charlty runs a free youth muslc, choreography and drama project for youth In the commu nity
Thls we belleve wlll enable young people be more productlve wlth tbelr free tlme. Thls wlll fu rther
prevent them from getting Involved In any antl-soclal behavlour.
The charlty organlsed varlous dinner events to brlng the communsty members and thelr leaders.
Thls provldes an opportunlty for soclal Interaction between members of the communlty.
Page 3

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GRACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
REPORT OF TRUSTEES
PUBUC BENEFITS
The charlty organlsed weekly soup kitchen for the homeless, and less prlvllege In the flnanclal
year. This is ongoing at the time of this report.
The charlty successfully runs the communlty Coheslon Soup Kltchen project wlth a grant from
Community Fund Project.
Wlth increased cost of Ilvlng arlslng from Increased energy cost and inflation, Amazing Grace Chapel
continues to provide support to members of her communlty. The centre has been turned to a hub
In Hull. Residents attend for decent meals and their daily needs.
Durlng the flnanclal year, the charity had gave out over 10,000 food parcels to the people In need,
and the less privllege In the communlty. The church have been provlding food parcels three times
a week. The speclflc days are Tuesday, Thursday5 and Saturdays.
Our efforts are geared towards supportlng the programmes of our local communlty, promotlng
coheslon In our communlty, and Impacting the lives of the young people and the elderly.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity which also operates under the name Amazing Grace Chapel Hull was constituted by a trust
deed dated 9 June 2006 and was re9lstered wlth the Charity Commisslon as a charity in England and
Wales on 5 June 2007
APPOINTMENT OR ELLECTION OF TRUSTEES
Trustees are appointed or elected under the terms of the trust deed.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEES
The Inductlon process for newly appointed trustees comprises of an initial meeting wlth the Chalr and
other trustees, followed by short meetlng5 wlth the Parlsh Pastor on the powers and responslbllltles of
the Trustees.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The charity Is organlsed so that the Trustees meet regularly to manage Its affalrs. The Parish Pastor
manages the day to day adminlstration of the chu rch wlth assistance from the mlnisters.
RELATED PARTY TRANSACTION
RCCG Amazlng Grace Chapel Hull Is a parlsh of The Redeemed Chrlstlan Church of God (RCCGI whlch
has parishes all over the world. The parlsh's relationshbp vylth RCCG is governed by an 'Agreement
for Common purposes,.
RISK MANAGEMENT
The Trustees have assessed the ma}or rlsks to whlch the charlty Is exposed, In partlcular those
relating to the operatlons and fbnances of the charlty, and are satisfied that Systems are In place
to mltbgate our exposures to major rlsks. However consultatbon and revlew of our systems are
regularly undertaken, In order to ensure they remaln up to date and effectlve.
Page 4

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GRACE CHAPEL HULL
TRUSTEes AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
REPORT OF TRUSTEES
GRANT MAKING POLICY
The church supports vlsltlng mlnlsters of the gospel both wlthln and outslde the Unlted klngdom.
Support Is also glven to RCCG Central Offlce, World Evangelism Mission, Festival of Life and other
RCCG programmes. The Church supports other charltles and misslonary that shares Its objects on
advanclng Chrlstian religlon of Christian faith and rellef of poverty. The church gives occaslonal
welfare support to congregatlonal members who are in need.
VOLUNTEERS
The chu rch 55 grateful for the unstlntlng efforts of Its volunteers who are Involved In provldlng
servlces for the charlty, Lt Is estlmated that over 8000 hours are provlded by volunteers durlng
the year. If thls Is conservatlvely valued at £8.50 per hou r, the volunteers effort wlll amount to
over £68,000. Strateglc tralnlng/development programmes were provlded to the volunteers to
enhance the quallty of services they rendered to the Charity.
ACHIEVEMENT AND PERFORMANce
REVIÉW OF ACTniITXES
The church conllnues to enjoy tremendous growth In Its physlcal and splrltual Ilfe durlng the
year, and In the advancement of Chrlstlan falth In accordance wlth the doctrlnes set out In the
Statement of falth contalned In ou r Trust Deed.
Durlng the year In report, the charlty recelved grants fmm other charltles for her communlty
project. Donors and amount recebved are shown In note 3 on page I l.
INVESTMENT POLICY
The trustees have declded that at present, funds should be retalned In banks and bulldlng socletles,
and as far as posslble In Interest bearlng accounts. Havlng con51dered the powers of the trustees
to ftjrther Invest the funds of the charityi the trustees has agreed to Invest In propertles and the
charlty currently owns 8 flats of varlous slzes In the communlty. The flats are rented and have
generated provlded addltlonal Income whSch are used for achlevlng the ablects of the charlty.
RESERVES POLICY
The trustees, pollcy Is to have unrestrlcted and uncommltted fu nds (free reserves) to cover 3 to 6
months of resources expended whlch equals roughly É50,000 - £ 100,000. They feel that thls wlll
enable current actlvllles to contlnue If there Is any slgnlflcant drop In fund Ing. It would obvlously
be necessary Ihen to conslder how the funé Ing would be replaced or actlvltles changed. The present
free reserve Is above the pollcy range but the trustees are contbnulng to seek addlllDnal funds to
further boost the reserves.
PRINCIPAL FUNDING
Fu ndlng has been provlded malnly through tithes and offerlngs by church members and through
donatlons. Pledges are also taken for speclflc projects. The charlty has maxlmlsed Its Incomlng by
accesslng glft ald claim on donatlons made by ellglble donors.
Page 5

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GAACE CHAPEL HULL
TRUSTEES AND FJNANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
REPORT OF TRUSTEES
FUTURE DEVELOPMENTS
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 Ilfe-changing impart in the communlty through strateglc trabnlng and development
programmes.
The charlty under Its object of preventlon and relief of poverty has contlnued to help in allevlatlng
accommodation problems in her community. The Charlty dld not acquire properties in the year. It
contlnues to manage her portfollo of 9 flats. The flats are rented out in the commu nity at affordable
rates. The Charlty contlnue to explore ways of provldlng further help for her communlty.
FINANCIAL REVIEW
The Charity's flnancial statements for the year ended 31 March 2026 show a net increase of funds
of £327,650 (2025: E388,343).
TAXATION
The Redeemed Chrbstlan Church of God Amazlng Grace Parlsh 15 a reglstered charlty and all of Its
actlvltles are tax exempt under rules of taxation granted to charltles.
Page 6

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GRACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
REPORT OF TRUSTEES
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Trustees are responsible for preparlng the annual report and financlal statements In accor-
dance with applicable laws and regulations.
Charlty law requ1￿5 the Dlrectors to prepare financlal statements for each financlal year. Under
that law, the Trustees have elected to prepare the ffinancial statements in accordance with the
United Kingdom Generally Acceptable Accounting Practice (United Kingdom Atcountlng Standards
and applicable lawl. The financlal statements are requ ired to give a true and fair view of the state
of affalrs of the charity and of the surplu5 or deflclt of the charlty for that period.
In preparlng the flnanclal statements, the Dlrectors are requlred to:
Select sultable accountlng pollcles and apply them conslstently;
Make Judgement and estlmates that are reasonable and prudent,.
Prepare the financial statements on a going concern basls unless It Is Inappropriate to
presume that the charity wlll contlnue In operatlon.
The trustees recognlse thelr responslbilities to keep proper accounting records that dlsclose wlth
reasonable accuracy at any time the flnanclal positlon of the charlty and enable them to ensure
that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguardlng the assets of the charlty and henceforth taking steps for the preventlon and
detection of fraud and other irregularities.
The appended flnancial statements have been prepared on the accruals basls and have been
examined by an Independent examlner, whose report Is also appended.
Approved by the trustees on Q E August 2026 and slgTred on thelr behalf by:
Pastor M Olorunlogbon
Trustee
Mr T Aleshinloye
Trustee
Page 7

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GRACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF RCCG - AMAZING GRACE CHAPEL HULL
I report on the accounts of the charity for the period ended 31 March 2026 which is set on
pages 9- 16
RESPECTIVE RESPONSIBILlTtES OF THE TRUSTEES AND THE EXAMINER
The Charity Trustees are responsible for the preparation of the accounts. The Charity's
trustees consider that an audit is not required for the period under section 476 of the
Companles Act 2006 and that an independent examination is needed.
It Is my responslbillty to.,
examlne the accounts under 5ection145 of Charltie5 Act 20 11.
follow the procedures laid down in the oeneral Dlrections glven by the Charlty
Commission IL*nder sectlon 14515)(b) of the 2011 Act; and
state whether particular matters have come to my attention.
BASIS OF MY EXAMINATION
My examination was carried out in accordance with the General Directlons given by the
Charity Commisslon. An examination includes a review of the accounting record5 kept by
the charity and a comparison of the accounts presented with those records. It also
Includes consideratlon of any unusual Items or disclosures In the account, and seeklng
explanatlons from you as trustees concernin9 any such matters. The procedure5 undertaken
do not provlde all the evidence that would be required in an audit. and consequently no
oplnion is given as to whether the accounts present a 'true and falr" vlew and the report
is limited to those matters set out in the statements below.
EXAMINER'S STATEMENT
In connection wlth my examinatlon, no matter has come to my attention:
I I I whlch glves me reasonèble cause to belleve that In any materlal respect the trustees
have not met the requirements to ensure that.,
proper accounting record5 are not kept in accordance with the companies Act; and
accounts are prepared which agree with the accounting records and comply with the
accounting requirements of the Companies Act 2006; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper under-
standing of the accounts to be reached,
Aklntayo Ojo FCCA
Resource Management Consultant5 Ltd
46 Hollywood Way
Erith. DA8 2QE
Page 8

THE REDEEMED CMRISTIAN CHURCH OF GOD - AMAZING GPACE CHAPEL HULL
TRUSTEes AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
STATEMENT OF FINANCIAL ACTIVITIES
Unrestritted
R￿triCt¢￿
Total
Total
Funds
Funds
Funds
Funds
2026
2026
2026
2025
Notes
INCOMING RESOURCES
Donatlons, & slmllar Incomlng resources
Grants for Communlty Projects
Glft aid Recelvable
Other Grants & Income Recelved
Investment Income
Total Incomlng ￿sourceS
739,139
10,024
165,759
14,046
34,536
963,505
12,873
752,012
10,024
165,759
14,046
34,536
976,378
720,767
5,550
155,935
35,000
23,289
940,541
12,873
RESOURCES EXPENDED
Charltable expendlture
Grants payable - Indlvldual
Grants payable - Institutlonal
Costs of actlvltles Sn furtherance of
charltles objects
Support Cost
Management and governance costs
Total resources expended
1,468
67,857
1,468
67,857
10,546
66,489
429,403
32,358
108,641
639,728
429,403
32,358
108,641
639,728
336,057
24,957
105,148
543,197
io
li
Net (outgoln9)/lncomlng resources for year
323,777
12,873
336,650
397,343
Total funds at the start of the year
806,265
539,635
1,345,900
957,557
BALANCE AT END OF YEAR
1,130,042
552,508
1,682,550
1,3 54,900
The charlty's Incomlng resources and resources expended all ￿tate to contlnulng actlvltles.
Page 9

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GWCE CHAPEL HULL
TRUSTEES AND FSNANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
srATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
Notes
2026
2025
FIXED ASSETS
Bullding
Tanglble Fixed assets
12
12a
12b
949,325
116,475
1,065,800
879,582
93,878
973,460
CURRENT ASSETS
Debtors
Cash and bank balances
13
14
350,044
279,205
629,250
171,085
284,652
455,737
Total assets
1,695,050
1,429,197
LIABILITIES
CREDITORS
(amount falllng due wlthln one year)
Accrued expenses
Long term Liability - Mortgage
Total 1Sabllity
12,500
37,943
16a
45,354
83,297
12,500
NET ASSETS
1,682,550
1,345,900
CHARITY FUNDS
General
unre5trScted
General
restrlcted
TOTAL FUNDS
Id
le
1,130,042
552,508
1,682,550
806,265
539,635
1,345,900
The acceunts have been prepared in accordance with the special provlslon of StatenRnt of Recommended Praetice..
Accounting and Reporting by Charitye$ ISORPI Issued March 2005 as modified for smaller charities
Approved by the Trustees on 26 August 2026 and slgned on thelr behalf by.,
Pastor M Olorunlogbon
Trustee
Mr T Aleshinloye
Trustee
AIIW4•W
Page 10

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GRACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
NOTES TO THE ACCOUNTS
I. ACCOUNTING POLICIES
lal The accounts are prepared under the historical cost c¢nvention and In a¢c¢rdan¢e wlth applicable accountlng
standards. They follow best practice as set out in the Statement of Recommended Practlce.. Accountin9 an
Reporting by Chantles (SOAP} issued March 2005 a5 modified for smaller charities.
(b) Income and expendlture Is accounted for on an accruals basis.
Icl Fixed assets comprise fumltufft and equipment and musical equlpment and have tieen costing more thèn £lOO.
Tanglble flxed assets a￿ stated at e0# le55 depreciation. Depreciatlgn is provided at rate5 calculated to write ¢ff
the cost of fixed assets, less their estlmated resldual value, over their expecred useful lives on the following bases:
Musical equlpment
25010 reduclng balance
Furniturè and fittings
25% reducing balance
Computer equipment
25% reducing balance
Motor vehicles
25* reducing balance
Id) Unrestricted funds are Incoming ￿sourceS received for the obletts of the charity without further specifled purpose
and a￿ available as general funds.
le) Restricted funtts a￿ subjett to fftStrictions on their expendlture Imposed by thèir donors.
unrest￿Cted
Restrlcted
Total
Total
Funds
Funds
Funds
Funds
2026
2026
2026
2025
2. DOMTIONS, LEGACIES AND SIMILAR INCOMING RESOURCES
Collecllon at all servlces
Donatlons
Donatlons - Muslc Mixer
Donatlons - Mlsslon
709,640
13,060
709,640
13,060
657,663
17,014
16,440
12,873
29,313
29,255
16,836
720,767
Donatlon - Communlty Project
739,139
12,873
752,012
3. Ac￿￿￿E5 IN FURThEPANCE OF CHARITYS OWEcr
East Riding Trust
Charles Trust
Humber Community Association Grant
Humber All Nations Allbance
Communlty Fund
300
300
300
3,000
6,724
3,000
6,724
5,250
10,024
10,024
5,550
4. GIFf AID
Glft ald receivable
165,759
165,759
155,935
5. OTHER GRf4fff5 & INCOME RECEiveD
HMRS Ers Nl Relief
Insurance proceeds
RCCG Camp
Sale of Van
5,000
9,046
5,000
9,046
s,000
28,000
2,000
35,000
14,046
14,046
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THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GRACE CHAPEL HULL
TIUSTEES AND FINANCTAL REPORT FOR YEAR ENDED 31 MARCH 2026
NOTes TO TtIE ACCOUNTS
Unrestrltted
Re5tritted
Total
Total
Funijs
Funds
Funds
Punds
2026
1026
202fj
2025
6. INVETr4ENT INCOME
Net Rental Income
Hall Hire Receipts
17
33,536
1,000
34,536
Amount represents net ￿ntaI income recelved from 3 flats owneé by the charity. The ￿nCOrne was use¢ to advance
the objects of the chartty.
33,536
1,000
34,536
22,809
480
23,289
2026
2026
2020
2025
7. Grants payable - individual
Indlvldual welfare
1,468
1,468
10,546
2026
2026
2026
1025
8. Grants payable - Instltutional
Charltable glvlng -UK
Charltable glvlng -overseas
Total
67,857
67,857
66,489
67,857
67,857
66,489
List of Instltutlonal grants payable
RCCG WEM
RCCG Central Offlce
Festival of Life
Others
53,367
960
180
13,350
67,857
53,367
960
160
13,350
67,857
54,622
960
195
10,712
66,489
Total grant payable - Institutlonal
9. COST OF ACTIVITIES IN FURTHERANCE OF CHARITY'S OBJEC
Seminar, conferences & subscriptlons
Travel and subslstence
Vehicle running and repalrs
Vlsiting minlster's expenses
Communlty projects
Mlsslons and evangellsm
Welfare & hospltallty
Telephone & Internet
Prlnting, postage, stationery & IT consumables
Repairs, renewal and malntenance
Worshlp cost, muslc & church group
5,147
38,83B
5,725
25,566
22,999
84,706
5,981
2,261
3,356
88,833
11,207
9,980
11,074
5,147
38,838
5,725
25,566
22,999
84,706
5,981
2,261
3,356
88,833
11,207
9,980
11,074
4,163
31,701
3,127
17,041
23,475
35,206
8,254
2,464
2,889
83,545
18,517
8,193
12,107
8,840
Insurance
Grant refund
Flnance costs
7,355
3,087
ID3,287
429,403
7,355
3,087
103,287
429,403
Tralning & development
Depreciatlon
2,430
74,105
336,057
Page 12

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZLNG GPACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
NOTES TO THE ACCOUNTS
unrsstritted
Restritted
Total
Total
Fund5
Funds
Funds
Funds
2026
2026
2016
1025
10. SUPPORT COSTS
Telephone & Internet
Printing, postage, stationery & IT consumables
Utilltles
Admin & office expenses
Bank charges
Sundry expenses
1,150
1,667
4,277
13,761
6,786
4,717
32,358
1,150
1,667
4,277
13,761
6,786
4,717
32,358
1,055
1,237
3,512
10,799
7,059
1,295
24,957
11. MANAGEMENT AND GOVERNANCE COSTS
Staff cost
Professional fees - Legal & Leases
Professlonal fees - accountancy & examlnation
Professional fees - Other
Professional fees - accountancy other
76,630
19,511
10,000
76,630
19,511
10,000
67,727
16,121
9,600
9,200
2,500
105,148
2,500
108,641
2,500
108,641
12. FIXED ASSETS
12a. BUILDING
Total
31-Mar
Total
31-Mar
2025
2026
Cost at l Aprll 2025
Addltlons In the year
Cost at 3 1 March 2026
879,582
69,743
949,325
879,582
879,582
12b. TANGIBLE ASSETS
Motor
Muslcal Computers Fumlture &
veh1cles equipment & projetttsrs
fittings
Total
31-Mar
2026
Total
31-Mar
2025
Cost
At l April 2025
Addltions
At 31 March 2026
72,285
44,507
4,722
49,229
152,960
109,162
262,122
71,949
12,000
83,949
341,701
125,884
467,585
257,033
84,668
341,701
72,285
Depreclation
At l April 2025
Charge for the year
At 31 March 2026
45,660
9,832
55,492
43,281
5,949
49,230
109,319
70,931
180,250
49,563
16,575
66,138
247,823
103,287
351,110
173,718
74,105
247,823
Net book value
At 31 March 2026
At 31 March 2025
16,793
26,625
81,871
43,641
17,811
22,386
116,475
93,879
93,878
1,227
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THE REDEEMED CHRISTIAN CHURCH OF GOD - AMIIZING GPACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
NOTES TO THE ACCOUNTS
13. DEBTORS
Year ended
31-Mar
2026
Year ended
31-Mar
2025
Glft Ald Recelvable
Other debtors
319,694
30,350
350,044
155,935
15,150
171,085
14. CASH BALANCES
Unrostrlrte
Restrictea
Total
Total
Funds
Funds
Funds
Fund$
2026
2026
202fj
2025
Bank balance
Bullding fund account
Current account
At 31 March 2021
18,938
18,938
260,267
279,205
24,521
260,131
284,652
260,267
260,267
18,938
Year ended
31-Mar
2026
Year ended
31-Mar
2025
15. CREDITORS
Vehlcle Lease payment
Accrual and deferred Income: Independent Examiner's fee5
Short term
27,751
9,600
592
37,943
12,5DO
12,500
Year ended
Year ended
16a. LONG TERM UA61LrrY
31-Mar
2026
31-Mar
2025
Mortgage (Trlodos Bank)
45,354
45,354
Amount represents outstanding balance on Mortgage on church flats.
16. STAFF COST AND NUMBERS
Staff costs were as follows
Year ended
Year ended
31-Mar
2026
31-Mar
2025
Wages and salaries
Soclal securlty costs
Pensions
65,309
7,983
3,338
76,630
59,597
5,739
2,391
67,727
Page 14

THE REDEEMED CHRisfiAN CHURCH OF GOD - AMAZING G￿CE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
NOTES TO THE ACCOUNTS
17. STAFF NUMBERS
The average number of employee durlng the year was as follows
Year ende
31-Mar
2026
No.
Year ended
31-Mar
2025
No,
Pastoral
Charity administratlon
Total
No employee recelved remuneratlon amountlng to more than £50,000 In the year.
18. INVESTMENT INCOME
RENTAL INCOME ACCOUNT
Year ended
Year ended
31-Mar
2025
31-Mar
2026
Rental Income from Church Flats
Less mortgage interest
Rental Income after interest
Expenditure
Management Fee
Legal fees
Letting fees
Repairs & maintenance
Councll rates
63,735
3,697
60,038
55,802
14,555
41,248
6,220
754
432
16,400
688
6,078
144
1,800
9,465
330
Insurance
Safety checks
Cleanlng
Council rates
utiSlties
Total expenditure
320
334
1,623
50
26,501
302
18,439
Net Rent41 Income
33,536
22,809
19. RELATED PARTY TRANSACTIONS
Durlng the year, the church pald Instltutlonal grants to other RCCG organlsatlons such as the
World Evangelism Mission as stated In note 7.
20. OTHER GRANTAf4D INCOME RECEIVED
Durlng the year In report, the charlty recelved a sum of £,046 as Insu rance clalm recovery for the
repalr of the part of the church roof damaged by flood. The affected areas have slnce been repalred.
Page 15

THE REDEEMED CHRISTIAN CHURCH OF GOD - AMAZING GRACE CHAPEL HULL
TRUSTEES AND FINANCIAL REPORT FOR YEAR ENDED 31 MARCH 2026
NOTES TO THE ACCOUNTS
21. ANALYSXS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS: CURRENT PERIOD
Unre5trlcted
Restncted
Total
Funds
Funds
Funds
2026
2026
2026
Tanglble fixed assets
Current assets
Creditors amount falllng due wlthin one year
Creditors amount falllng due after more than one year
Movernent between funds
116,475 949,325
610,312
18,938
12,500
1,065,800
629,250
12,500
415,755 -415,755
1,130,042
552,508
1,682,550
ANALYSIS OF NET ASSETS BETWEEN FUNDS: PRIOR YEAR
Unrestrlcted
Restdtted
Total
Funds
Funds
Fundg
2015
2025
2025
Tangible flxed assets
Current assets
Creditors amount falling due wlthin one year
C￿dItorS amouni falllng due after more than one year
Movement in between funds
93,876
431,215
37,943
879,582
24,522
973,460
455,737
37,943
45,354
45,354
319,115 -319,115
806,265
539,635
1,345,900
21a. MOVEMENT IN FUNDS
The total funds at the end of the year represent the total value of the charlty net assets.
Thi5 conslsts of total values of flxed assets and currents assets less total value of current
Ilablllties and the long term liabilltles.
The trustees have res05ved to adjust the presentatlon of fiJnds between general unrestrlcted
and restrlcted funds as shown in the statement of financlal artlvltles.
22. NET INCOMING RESOURCES/(RESOURCES EXPENDED)
Year ende¢J
Year ended
Thls 1$ Stated after charging
31-Mar
2026
31-Mar
2025
Depreclatlon of tangible assets owned by the charity
Accountant's fees
103,287
12,500
58,053
9,600
23. VALUE OF BUILDINGS
The Charlty current holds a portfollo of 9 properties In Hull and the value held for the properties
In the account are elther c05t of bulldlng the property or the actual purchase price as the case
may be.
Page 16