## THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED
**COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 APRIL 2025**
**Company reg. no 06195948 Charity reg. no.1122107**
**DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **CONTENTS**
|Reference and administrative details of the charity|3|
|---|---|
|Directors' report|4 - 7|
|Independent examiner's report|8|
|Statement of financial activities|9|
|Balance sheet|10|
|Notes to the financial statements|11 - 14|
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **Company Information**
Director/Trustees Rev BUNMI ADEYEMI ADEDEJI Pastor VERA DELORIS OMONEDO Rev OLUSOLA RANSOME-KUTI
Company number 06195948 Charity number 1122107 Registered office 11 New Princess Street Leeds LS11 9BA Accountants DTT Consultancy Ltd 36 Daffodil Close Hatfield Hertfordshire ALI0 9FF
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **DIRECTORS' REPORT FOR YEAR ENDED 30 APRIL 2025**
The directors and trustees present their report and the accounts for the year ended 30 April 2025
The financial statements have been prepared in accordance with the accounting policiesset out in note 1 to the the accounts and comply with the charity's memorandum and articles, applicable by law (Companies Act 2006 and Charities Act 2011) and the requirements of the Statement of Recommended Practice "Accounting and Reporting by Charities"issued in March 2005.
## **Legal and Administrative details**
CHRIST CHURCH OF MERCY LIMITED was incorporated as a private company, limited by guarantee, on 02 April 2007, company number 06195948
## **Trustees**
The trustees who are also directors for the purposes of the Companies Act 2006 that served in the year were as follows:
**Directors** Rev Bunmi Adeyemi Adedeji (Chairman) Pastor VERA DELORIS OMONEDO
Rev OLUSOLA RANSOME-KUTI
## **Structure, Governance and Management**
## **Governing Document**
The company is limited by guarantee and registered as a charity under the Charities ACT 2011. The company has applied for charitable status for taxation purposes and is currently a registered charity.
Anyone over the age of 16 can become a member of the company subject to approval by the trustees.
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **DIRECTORS' REPORT (Continued) FOR YEAR ENDED 30 APRIL 2025**
## **Governing document continued…..**
No director has any beneficial interest in the charitable company. The number of guarantees at 30 April 2025 was four. Every member of the Charity promises that if the Chairty is dissolved while he or she is a member or within twelve months after he or she ceases to be a member, to contribute such sum (not exceeding £10) that may be demanded towards the payment of debts and liabilities of the Charity.
## **Recruitment and Appointment of Trustees**
Appointment of trustees begun from the first annual general meeting and was in accordance with the articles of association. At every subsequent annual general meeting, one third of the trustees are subject to retirement by rotation.
If the company at the meeting at which a trustee retires by rotation does not fill the vacancy the retiring trustee shall, if willing to act, be deemed to be reappointed unless at the meeting it is resolved not to fill the vacancy or unless a resolution is put to the meeting and lost. The number of trustees shall not be less than two and are not subject to any maximum . Trustees have the power to co opt members to a commitee so long as those co opted members do not exceed one half of the total number of trustees on that committee.
## **Trustee Induction and Training**
Any new trustees undergo an orientation day to brief them on their legal obligations under Charity and Company Law, the content of the Memorandum and Articles of Association and the processes on decision making within the organisation. The Charity encourages trustees to attend, at their discretion; appropriate external training events were these will be used for the undertaking of the role.
## **Organisational Structure**
The trustees, which at present there are four provide the strategic direction of the charity. The aims and objectives are communicated to the congregation and members of the church.
## **Assets held on behalf of another charity**
There are no assets held on behalf of another charity.
From the strategy the trustees have identified a few minor risks. These are known to the trustees and are mitigated according.
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **DIRECTORS' REPORT (Continued) FOR YEAR ENDED 30 APRIL 2025**
## **Risk Management**
The trustees have a risk management strategy that includes:
- i. An annual review of the risks the charity may face;
- ii. The establishment of systems and procedures to mitigate those risks identified in the plan;
- iii. The implementation of procedures designed to minimise any potential impact on the charity should they materialise.
Financial risk is to be mitigated by the secretary monitoring the bank frequently to ensure no losses from error or fraud take place.
The policies of risk management are continuously reviewed to ensure they still meet the needs of the charity.
## **Objectives**
The charity's objects are:
- "The advancement of the Christian religion worldwide,"
- "The relief of poverty worldwide."
- To impact the community in every positive way possible.
It pursues these objects by the operation of a centre for Christian worship at its premises in the town center of Borehamwood town and by a programme of events aimed at reaching out to the unchurched together with a range of community-centred projects. These objectives have continued throughout the Year and remain unchanged.
The strategies employed to achieve the charity's objectives are to:
To establish churches, cell groups, and community centres
To promote festivals celebrations and exhibitions and otherwise develop community and fellowship To coordinate advise and administer churches
To carry out and direct disciplineship evangelistic missionary and ecumenical activity To support administer or set up other charities
To set up, administer or support training and educational facilities including but not limited to day nurseries, playschools and other educational establishments.
To provide advice, resources and services to those affected by social and economic circumstances To establish and maintain development projects in small scale economic development and medical programmes.
To make investments in the aid of the finances to carry on further activities.
The charity has several powers permitted by the Memorandum of Association that allow the above strategies be achieved.
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **DIRECTORS' REPORT (Continued) FOR YEAR ENDED 30 APRIL 2025**
## **ACTIVITIES FOR PUBLIC BENEFIT:**
**Achievements and Performances** : The Trustees are pleased to report that the following activities has helped the Charity build a wider network of relationships within the local community and also state that the charity is constantly seeking further ways to better engage, impact and serve the wider community better.
## **The Charity’s main activities for the year were:**
The church is actively engaged in association with local churches and organisations took part in community festivals, interfaith & Outreach programmes. Presently, Christ Church City of Mercy is a member of the following local organisations:
a) TEAM - Together Everybody Achieve
b) Leeds City Prayer Collaboration
The Charity donated boxes of toys to The Radio Aire Christmas toy drive these were meant for less privilege children
Over the year the church donates food items and other support services to members and the community.
## **Charity Fund Raising**
The Church has regular and committed members who give tithes and other donations for the furtherance of the church activities.
Approved by the Directors on 13th December 2025 and signed on their behalf by:
Chairman
Rev Bunmi Adeyemi Adedeji
Page 7
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **INDEPENDENT EXAMINER'S REPORT FOR YEAR ENDED 30 APRIL 2025**
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
I report on the accounts of the charity for the year ended 30 April 2025 which is set out on pages 9 to 14.
## RESPECTIVE RESPONSIBILITIES OF THE DIRECTORS AND THE EXAMINER
The charity's directors are responsible for the preparation of the accounts. The charity's directors consider that an audit is not required for this year under section 476 of the Companies Act 2006 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 particular 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 Directors 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 requirements
- to keep accounting records in accordance with the requirement of Section
- 386 and 387 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records and to
- comply with the accounting requirements of Section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
DTT Consultancy Limited 36 Daffodil Close Hatfield Hertfordshire AL10 9FF
Date:13th December 2025
Page 8
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 30 APRIL 2025**
|**Notes**
**INCOMING RESOURCES**
Donations
Activities in furtherance of charity's object
Gift aid Receivable
**Total incoming resources**
**RESOURCES EXPENDED**
Cost of generating funds
Costs of activities in furtherance of charities objects
Management and governance costs
**Total resources expended**
**Net (Outgoing)/Income resources for year**
**Balance b/fwd**
**BALANCE AT END OF YEAR**|**2025**
**2024**
**Unrestricted Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
133,194
133,194
140,350
-
-
-
-
-
-|
|---|---|
||**133,194**
**-**
**133,194**
**140,350**|
||102,602
102,602
66,153
11,908
11,908
6,472
450
450
450|
||**114,960**
**-**
**114,960**
**73,075**|
||**18,234**
**18,234**
**67,275**
**-**
**-**
126,710
**126,710**
**59,435**|
||**144,944**
**-**
**144,944**
**126,710**|
The statement of financial activities includes all surpluses and deficits recognised in the year.
All incoming resources and resources expended derive from continuing activities.
Page 9
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED Balance Sheet**
## **At 30 April 2025**
|||**2025**|**2024**|
|---|---|---|---|
|||**Total**|**Total**|
|||**Funds**|**Funds**|
||**Notes**|||
|**FIXED ASSETS**||||
|Tangible assets|5|445,000|-|
|**CURRENT ASSETS**||||
|Debtors: amounts falling due after more than one year||500||
|Cash in hand|6|9,670|127,160|
|||**10,170**|**127,160**|
|**LIABILITIES**||||
|Accrual|8|900|450|
|Mortgage: Due within one year|12|4,560||
|Mortgage: Due more than one year|13|304,766||
|||**310,226**|**450**|
|||||
|**NET ASSETS**||**144,944**|**126,710**|
|**CHARITY FUNDS**||||
|General - unrestricted|1d|144,944|126,710|
|General - restricted|1e|||
|**TOTAL FUNDS**||**144,944**|**126,710**|
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
These financial statements were approved by the Directors on 13th December 2025 and signed on their behalf by:
Rev Bunmi Adeyemi Adedeji
Page 10
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **Notes to the Financial Statements FOR YEAR ENDED 30 APRIL 2025**
## **1. ACCOUNTING POLICIES Value added tax**
The company is not registered Value Added Tax as it reviewed its position and found that it did not require to be registered. Expenditure in these financial statements, incurred by Redeemed Christian Church of God Christ Church City of Mercy is therefore shown inclusive of value added tax.
## **Stocks**
Stocks are stated at the lower of cost and net realisable value.
## **Taxation**
The charitable company has dormant status for corporation tax by HMRC.
## **2. DONATIONS AND GIFTS**
|Offering
**3. COST OF GENERATING FUNDS**|**2025**
**2024**
**£**
**£**
133,194
140,350|
|---|---|
||**133,194**
**140,350**|
||**2025**
**2024**
**£**
**£**
114,960
73,075|
||**114,960**
**73,075**|
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
Detailed Statement of Financial Activities for the year ended 30 April 2025
|**INCOMING RESOURCES**
Tithes
Offerings
Thanksgiving
Other income
**RESOURCES EXPENDED**
**Charitable activities**
World Evangelism Mission - WEM
Donations
Hospitality
Evangelism
Mission
Zonal & Region
Welfare
**Support Costs**
Equipment: Musical etc
Choir
Rent & Rate
Motor Expenses
Legal and professional fees
Admin/Office Expenses
Books & Training
Travel
Children & Youth Programmes
General expense
Pastor Subsistence
Office Equipment
Postage & Stationary and printing
Telephone expenses
Multimedia
Mortgage Interest
Building
Council tax
Honorarium
Church Conference
Insurance
Repair & Maintainence
Utlity
Bank charges
Catering
Volunteers
Other
**Total resources expended c/fwd**|**2025**
**2024**
£
£
79,112
82,222
50,103
54,288
3,979
1,251
-
2,590|
|---|---|
||**133,194**
**140,350**|
||700
1,985
1,635
1,436
2,574
295
2,518
87
1,242
807
-
2,432
2,669|
||**11,908**
**6,472**
7,068
2,147
257
-
22,138
10,837
4,900
3,716
3,408
876
3,092
350
1,367
545
1,589
1,265
299
-
627
7,800
4,800
-
1,424
583
1,672
668
823
4,605
-
19,540
-
21,040
-
-
504
1,950
750
2,481
3,666
6,159
1,577
10,006
1,483
496
614
94
175
1,008
4,332
1,220
1,576
40
3,190|
||**102,602**
**66,153**|
||**114,510.19**
**72,625**|
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
|**Total resources expended b/fwd**
**6. GOVERANCE COSTS**
Accountancy fees
**Total resources expended**
**7. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Tangible fixed assets
Current assets
Current liabilities
**8. RESTRICTED FUNDS**
Support from province|**114,510**
**72,625**
**2025**
**2024**
**£**
**£**
450
450
**450**
**450**
**114,960**
**73,075**
**Restricted Unrestricted**
**2025**
**2024**
**£**
**£**
**£**
**£**|**114,510**
**72,625**
**2025**
**2024**
**£**
**£**
450
450|
|---|---|---|
|||**450**
**450**|
||||
|||**114,960**
**73,075**|
||**-**
**-**
**-**
**-**||
||**B/f**
**Incoming**
**Outgoing**
**Outgoing**
**£**
**£**
**£**||
||**-**
**-**
**-**
**-**||
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## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **NOTES TO THE FINNANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
## **9. UNRESTRICTED FUNDS**
Funds from Tithes and church offerings consist of the majority of the unrestricted funding.
## **10. TANGIBLE FIXED ASSETS**
|**Cost**
As at 1 May 2024
Additions
At 30 April 2025
Depreciation
As at 1 May 2024
Charge for the year
At 30 April 2025
**Net book value at 30 April 2025**
At 30 April 2024
**11. DIRECTORS AND EMPLOYEES**
**Staff costs were as follows:**
Wages and salaries
Social security costs|**Freehold**
**Property**
**Equipment,**
**Fixtures &**
**Fittings**
**Total**
**£**
**£**
**£**
-
-
-
445,000
-
445,000|**Freehold**
**Property**
**Equipment,**
**Fixtures &**
**Fittings**
**Total**
**£**
**£**
**£**
-
-
-
445,000
-
445,000|
|---|---|---|
||445,000|-
445,000|
||-|-
-|
||-|-
-|
||**445,000**|**-**
**445,000**|
||-|-
-|
|||**2025**
**2024**
**£**
**£**
-|
|||**-**
**-**|
Page 14
## **THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED**
## **NOTES TO THE FINNANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
## **12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||
|---|---|
|Accruals and deferred income
Mortgage: Due within one year
**13. CREDITORS: AMOUNTS FALLING DUE MORE THAN ONE YEAR**
Mortgage: Due more than one year|**2025**
**2024**
£
£
900
450
4,560
-|
||**5,460**
**450**|
||**2025**
**2024**
£
£
304,766
-|
||**304,766**
**-**|
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