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← The Redeemed Christian Church Of God (Rccg) Chapel Of His Glory Bradford

2025-06-30-accounts

REDEEMED CHRISTIAN CHURCH OF GOD

CHAPEL OF HIS GLORY BRADFORD

TRUSTEE’S ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 30TH JUNE 2025

1

REDEEMED CHRISTIAN CHURCH OF GOD

CHAPEL OF HIS GLORY BRADFORD

CHAPEL OF HIS GLORY BRADFORD
Page
Corporate Information 3
Board of Trustee’s Report 4
Independent Examiner’s Report 7
Statement of Financial Activities 8
Statement of Financial Position 9
Accounting Policies 10
Notes 11

2

Corporate Information

Charity Registered Number: 1120162

Board of Trustees

Pastor Isaac Olumide Aleshinloye

Pastor (Mrs) A. O. Shofoluwe Mr Chris Okunkpolor

Registered Office

42 Buttershaw Drive

Bradford

West Yorkshire London BD6 3RZ

Worship Address:

50 Nelson Street BD5 0DD

Bankers:

BARCLAYS Bank PLC Business Banking, Leicester LE87 2BB

Lloyds Bank

3

Board of Trustee’s Report

1.0 Introduction

The Board of Trustees present their report and accounts for the year ended 30th June 2025.

1.1 Public Benefit Statement

The Trustees confirm that they have complied with the duty in section 4 of the Charites Act 2011 to have due regard to the Charity Commission’s guidance on public benefit "Charites and Public Benefit".

1.2 Structure, Governance and Management

1.2.1 Governing Document

The charity is constituted as a “Trust” and Governed by ‘Trust Deed’ dated 16th February 2006.

1.2.2 Trustee Appointments

Trustees are appointed under the terms of the trust deed.

1.2.3 Organisational Structure

The Redeemed Christian Church of God (RCCG) Chapel of His Glory Bradford is a charity registered in 2007. It is governed by a Memorandum of Articles of Association and is controlled by a board of trustees whose members are appointed as set out in the Memorandum of Association and Constitution of the charity. Membership of the Board of Trustees consists of 5 individuals appointed by the charity who are of high spiritual and moral standing.

1.2.2 Risk Management

The trustee board performs its duty of safeguarding the charity against major risk. The board regularly reviews the charity’s governance structures, policies, procedures and practices. It recommends strategic and operational options and implements adequate prudent controls and preventative action to safeguard the assets of the charity, as well as its reputation.

2.0 Objectives and Global Outreach

2.1 Objectives and Activities

The Trust’s objectives are:

4

Board of Trustee’s Report

2.2 Grant Making Policies

Under the “Agreement for Common Purpose”, RCCG Chapel of His Glory has agreed to make regular contributions to the World Evangelism Mission (WEM) through RCCG Central Office UK. We support Africa Missions, an aid relief Agency to underprivileged people and communities, mainly in Africa. We also actively and strongly support missionary organisations, such as Festival of Life, Good Women Fellowship, Annual Conventions held at the RCCG National Headquarters.

2.3 Contributions Made by Volunteers

The charity enjoys the services of various volunteers, who contribute enormously in various areas of service provision, development and implementation of the church’s vision. The volunteers are encouraged to attend various training and development programmes organised by the charity and other organisations.

2.4 Achievement and Performance

The Church organised several charity programmes for the development of the community that includes fathers and Mother’s Day, children’s day, multicultural day, annual church conference, youth development programme, empowerment programs for development of members of the community, employability skills, understanding changes in legislation on looking after children and vulnerable adults. The charity has set up a Food Bank where food are distributed weekly to some vulnerable member of Bradford community.

The church under the reviewed year organised youth development program and running boys and girls brigade programme children in the community. The church also contributed to alleviate the impact of the current pandemic on some members of the community by organising health awareness activities, provisions of food stuff to some affected community members, sensitization programme etc.

3.0 Financial Reviews

During the period, the charity received £301,671 in voluntary income and £74,963 in other income making total income received of £376,633. Total resources expended was £154,169 thus resulting in a surplus of £222,464. Cash at the end of the period was £657,186.

3.1 Principal Funding Sources

The Charity’s main source of fund this year has been through voluntary donations from members.

4.0 Future Development

The Charity plans to continue with its various activities relevant to its local community. In the coming year, RCCG Chapel of His Glory Bradford plans to organise more developmental seminar/conference and workshops for its members and local community.

5

Board of Trustee’s Report

Trustees’ Responsibilities

The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law 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 net income or expenditure of the charity for the year. In preparing these financial statements the trustees are required to:

The trustees are responsible for keeping 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 charity and hence for 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.

This report was approved by the Board of Trustees on 16 March 2025 and signed on their behalf by:

Full Name: Pastor Isaac Olumide Aleshinloye

Signature: ………………………………………………. Position: Chairman Date: 23 April 2026

6

Independent Examiner’s Report

Report to the trustees/members of: The Redeemed Christian Church of God, Chapel of His Glory

Bradford On accounts for the year ended: 30th June 2025 set out on pages 7 - 13 Charity No: 1120162

Respective responsibilities of trustees and 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 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the 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 statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 23 April 2026 :

Name: Tobi Labeodan, for and on behalf of Chedders Ltd

Relevant professional qualification(s) or body (if any): ACCA

Address: Ground Floor, Synium House, r/o 94-96 High Street, Henley in Arden B95 5FY

7 ~~pn~~

Statement of Financial Activities: Year Ended 30th June 2025

Notes
Income:
Donations and legacies
1
Other income (Grants)
1
Total Income
Total Income
Expenditures on:
Charitable Activities
2
Other Charitable Activities
2
Other Costs
2
Total Expenditures
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Gains/(losses) on revaluation of fixed assets
Gains/(losses) on investment assets
Net movement in funds
Reconciliation of funds:
Total funds brought forward at 1 July 2024
Total funds carried forward at 30 June 2025		 2025
2025
2025
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
301,671
301,671
74,963
-
74,963
376,633
-
376,633
376,633
-
376,633
130,614
-
130,614
18,312
-
18,312
5,244
-
5,244
154,169
-
154,169
222,464
-
222,464
-
-
222,464
-
222,464
503,863
-
503,863
726,327
-
726,327		 2024
2024
2024
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
294,786
-
294,786
71,377
-
71,377
366,163
-
366,163
366,163
-
366,163
111,180
-
111,180
30,129
-
30,129
8,782
-
8,782
150,091
-
150,091
216,072
-
216,072
-
-
216,072
-
216,072
287,791
-
287,791
503,863
-
503,863

8

Statement of Financial Position: Year Ended 30th June 2025

Notes
Fixed Asset
Tangible assets
3
Total Fixed Asset
Current Assets
Loans & Advances
Accrued Income
Cash at bank and in hand
Other Debtors
Total Current Assets
Creditors: amounts falling due within one year
Other Creditors
Other Current Liabilities
Total Creditors: amounts falling due within one year
Net current assets (liabilities)
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Bank loans and other finance (long term)
Other Non-Current Liabilities
Total Creditors: amounts falling due after more than one
year
Total net assets (liabilities)
The funds of the charity:
Restricted Reserve
General reserves
Surplus/(Deficit) for the year
Total charity funds		 2025
£
40,401
40,401
700
67,360
657,186
-
725,246
39,320
39,320
685,927
726,327
-
726,327
503,863
222,464
726,327		 2024
£
18,718
18,718
700
45,000
466,330
-
512,030
26,885
26,885
485,145
503,863
-
503,863
287,791
216,072
503,863

9

Accounting Policies

Scope and Basis of the Financial Statements

The accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice Accounting and Reporting by Charities published in March 2005.

Income

Revenue is recognised in the period in which the charity is entitled to receipt once the amount can be measured with reasonable certainty.

Expenses

Expenditure is included in the Statement of Financial Activities (SoFA) on an accruals basis and is recognised at the point when a legal or constructive obligation arises. The majority of costs are directly attributable to specific activities. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Fixed assets

Fixed assets with an individual purchase of £500 or more are capitalised and stated at cost less depreciation which is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:

Fixtures and fittings 25%
Equipment 25%
Vehicles 25%
Building 2%

10

Notes to the Financial Statements: Year Ended 30th June 2025

1
Income
Income
Donations and legacies
Restricted Income
Total donations & legacies
Other income
Gift Aid Receipts
Other income
Total other income
Total Income
2
Expenditures
Charitable Activities
Premises
Utilities
Travels
Motoring & Transportation
Insurance
Administration
Advertising
Operations
Finance Charges
Depreciation
Honorarium
Total Charitable Activities
Other Charitable Activities
Outreach
Central Office
Welfare & Benevolence
Charitable Donations
Total Other Charitable Activities
Other Costs
Professional fees
Legal fees
Total Other Costs		 2025
£
301,671
-
301,671
68,862
6,101
74,963
2024
£
294,786
-
294,786
65,823
5,554
71,377
376,633
2025
£
32,368
6,197
3,589
11,630
44,024
13,244
547
15,515
3,500
130,614
11,197
3,562
283
3,270
366,163
2024
£
30,313
5,717
963
11,441
30,088
17,719
728
10,171
4,040
111,180
15,326
10,077
952
3,773
18,312
4,544
700
5,244		 30,129
8,782
-
8,782

11

Notes to the Financial Statements: Year Ended 30th June 2025

3 Tangible Assets

Cost
At 1 July 2024
Additions
Disposals
Revaluations
At 30 June 2025
Depreciation
At 1 July 2024
Charge for the year
Adjustments
At 30 June 2025
Net Book Value
At 1 July 2024
At 30 June 2025		 Property
£
-
-
-
-
-
-
-		 Vehicles
£
13,500
-
-
13,500
9,177
2,875
-
12,052
4,323
1,448		 Equipment
£
50,980
37,198
88,178
38,804
11,473
50,277
12,176
37,901		 Fixtures &
Fittings
11,675
-
11,675
9,456
1,167
-
10,623
2,219
1,052		 Total
£
76,155
37,198
-
-
113,353
57,437
15,515
-
72,952
18,718
40,401

4. Related Party Transactions

During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 2 under Central Office and Charitable Giving.

5. Trustee Remuneration & Expenses

During the year, there were not payments or reimbursement of expenses to trustee members.

6. Staff cost and numbers

No employee received remuneration amounting to more than £60,000 in the year

Number of staff

Wages and salaries
Social security costs
Pastoral
Admin		 2025



2024
£
32,027
-		 £
23,265
-
32,027 23,265
1
1		 1
-
1
2

12