Charity registration number: 1124914
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
JOS ACCOUNTANTS LIMITED Unit 3 51-57 High Street South East Ham London E6 6EJ
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Contents
| Page | |
|---|---|
| Trustees' Report | 1—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Comparative Statement of Financial Activities | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8—14 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 15—16 |
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Trustees' Report For The Year Ended 31 March 2025
The trustees present their report and the financial statements for the year ended 31 March 2025.
Objectives and Activities
Aims and Objectives
The charity’s principal objects are:
1 The advancement of the Christian religion worldwide, and
2 The relief of poverty.
The charity promotes Christian worship, discipleship, teaching, evangelism, and community outreach.
Significant Activities
During the year, the charity delivered regular worship services, conferences, Christian retreats, youth and children’s programmes, food bank operations, jobclub support, welfare assistance, and evangelistic outreach events. Program also included community engagements such as visitation to elderly homes, multicultural events, leadership training, and interdenominational prayer gatherings.
Public Benefit
The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit. All charitable activities provide demonstrable public benefit through spiritual support, social inclusion, community engagement, welfare provision, and relief of financial hardship.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Achievements and Performance
Main Achievements
The charity continued to minister effectively to its members and the general public, with increased community engagement and strengthened membership commitment. The food bank, retreats, outreach events, and welfare initiatives were successfully delivered, positively impacting the community.
Additional Note
The work of approximately 80 volunteers contributed significantly to service delivery, providing over 13,000 volunteer hours valued at over £147,000. The trustees acknowledge this invaluable support.
Financial Review
Financial Position
Total income for the year was £180,377 (2024: £201,324). Total expenditure for the year amounted to £189,470 (2024: £174,502), resulting in a net expenditure of £9,093 for the year.
Total funds at year-end were £326,322 (2024: £335,415).
Additional Note
The trustees consider the charity financially stable. Adequate reserves are maintained, and cash flow is actively monitored to support ongoing charitable activities.
Structure, Governance and Management
Governing Document
The charity operates under a Trust Deed dated 25 May 2008 and is registered with the Charity Commission and Companies House as a company limited by guarantee.
Page 1
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Trustees' Report (continued) For The Year Ended 31 March 2025
Trustee Selection Methods
Trustees are appointed based on their skills, experience, and ability to contribute to the governance of the charity. Prospective trustees receive Charity Commission guidance and an induction covering the charity’s activities and responsibilities.
Additional Note
The trustees are responsible for strategic oversight and operational decisions. All staff were volunteers during the year. Risk assessments have been undertaken and systems implemented to mitigate major operational and financial risks.
Reference and Administrative Details
Trustees
Mr OLADAYO ODUGBILE - Chairman Mrs Iyabo Odedoyin - Secretary Ms EUGENE AGBONTALOR - Treasurer
Charity Number
1124914
Principal Address
THE BEACON 104 NEW ROAD DAGENHAM RM9 6PE
Independent Examiner
Onasanya Ogundele AFA MIPA FCA JOS ACCOUNTANTS LIMITED Unit 3 51-57 High Street South East Ham London E6 6EJ
Page 2
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Trustees' Report (continued) For The Year Ended 31 March 2025
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the Trustees' Report and the 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 the financial statements the trustees are required to:
select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; make judgments and accounting estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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 trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr OLADAYO ODUGBILE
Trustee 7th January 2026
Page 3
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Independent Examiner's Report to the Trustees of REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS For The Year Ended 31 March 2025
I report to the trustees on my examination of the accounts of REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS (the Trust) for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Onasanya Ogundele AFA MIPA FCA 7th January 2026 Unit 3 51-57 High Street South East Ham London E6 6EJ
Page 4
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Statement of Financial Activities For The Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities: Advancement of the Christian religion and education worldwide, and the relief of poverty Food bank activities Investments 4 EXPENDITURE ON: Charitable activities: 6 Advancement of the Christian religion and education worldwide, and the relief of poverty Food bank activities Outreach and publicity Conference and seminars Welfare and gifts Pastor's welfare Training and development WOFIA - Women ministry Entertainmant and hospitality Honorarium RCCG Central Office (WEM & COF) Grants to other organisations Grants to individuals NET (EXPENDITURE)/INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 16 |
Unrestricted funds £ 29,927 143,608 - 498 |
Restricted funds £ - - 6,344 - |
2025 Total funds £ 29,927 143,608 6,344 498 |
2024 Total funds £ 29,377 162,750 8,737 460 |
|---|---|---|---|---|
| 174,033 | 6,344 | 180,377 | 201,324 | |
| (85,809) - (17,242) (9,188) (7,060) (28,936) (12,089) (150) (4,797) (5,550) (9,600) (2,705) - |
- (6,344) - - - - - - - - - - - |
(85,809) (6,344) (17,242) (9,188) (7,060) (28,936) (12,089) (150) (4,797) (5,550) (9,600) (2,705) - |
(62,867) (10,207) (14,026) (15,003) (9,735) (37,931) (2,677) (250) (5,689) (5,100) (6,820) (4,047) (150) |
|
| (183,126) | (6,344) | (189,470) | (174,502) | |
| (9,093) | - | (9,093) | 26,822 | |
| (9,093) 335,415 |
- - |
(9,093) 335,415 |
26,822 - |
|
| 326,322 | - | 326,322 | 335,415 |
The notes on pages 8 to 14 form part of these financial statements.
Page 5
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Comparative Statement of Financial Activities For The Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities: Advancement of the Christian religion and education worldwide, and the relief of poverty Food bank activities Investments 4 EXPENDITURE ON: Charitable activities: 6 Advancement of the Christian religion and education worldwide, and the relief of poverty Food bank activities Outreach and publicity Conference and seminars Welfare and gifts Pastor's welfare Training and development WOFIA - Women ministry Entertainmant and hospitality Honorarium RCCG Central Office (WEM & COF) Grants to other organisations Grants to individuals NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward as previously stated Prior year adjustment Total funds brought forward as restated TOTAL FUNDS CARRIED FORWARD 16 |
Unrestricted funds £ 29,377 162,750 - 460 |
Restricted funds £ - - 8,737 - |
2024 Total funds £ 29,377 162,750 8,737 460 |
|---|---|---|---|
| 192,587 | 8,737 | 201,324 | |
| (62,867) (1,470) (14,026) (15,003) (9,735) (37,931) (2,677) (250) (5,689) (5,100) (6,820) (4,047) (150) |
- (8,737) - - - - - - - - - - - |
(62,867) (10,207) (14,026) (15,003) (9,735) (37,931) (2,677) (250) (5,689) (5,100) (6,820) (4,047) (150) |
|
| (165,765) | (8,737) | (174,502) | |
| 26,822 | - | 26,822 | |
| 26,822 - 308,593 308,593 |
- - - - |
26,822 - 308,593 308,593 |
|
| 335,415 | - | 335,415 |
The notes on pages 8 to 14 form part of these financial statements.
Page 6
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Statement of Financial Position As At 31 March 2025
| Notes FIXED ASSETS Tangible Assets CURRENT ASSETS Debtors 12 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 13 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES Creditors: Amounts Falling Due After More Than One Year 14 NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 16 |
Unrestricted funds £ 146,843 |
Restricted funds £ - |
2025 Total funds £ 146,843 |
2024 Total funds £ 180,011 |
|---|---|---|---|---|
| 146,843 29,927 163,566 |
- - - |
146,843 29,927 163,566 |
180,011 29,377 146,515 |
|
| 193,493 (1,791) |
- - |
193,493 (1,791) |
175,892 (894) |
|
| 191,702 | - | 191,702 | 174,998 | |
| 338,545 | - | 338,545 | 355,009 | |
| (12,223) | - | (12,223) | (19,594) | |
| 326,322 | - | 326,322 | 335,415 | |
| 326,322 | 335,415 | |||
| 326,322 | 335,415 |
On behalf of the board
Mr OLADAYO ODUGBILE Trustee 7th January 2026
The notes on pages 8 to 14 form part of these financial statements.
Page 7
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Notes to the Financial Statements For The Year Ended 31 March 2025
1. General Information
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS is an unincorporated charity registered with the Charity Commission, registered charity number 1124914. The principal address is THE BEACON , 104 NEW ROAD, DAGENHAM, RM9 6PE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
Income is recognised when receivable or upon receipt in accordance with UK GAAP and the Charities SORP. Donations, tithes, offerings, fundraising income, and Gift Aid are included on an accrual basis.
2.3. Resources Expended
Expenditure is recognised when incurred. Costs are classified into charitable activities, grant-making, support costs, and governance costs. Direct charitable expenditure includes conferences, evangelism, welfare, food bank activities, and ministry operations.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold | 0% |
|---|---|
| Leasehold | 5% |
| Plant & Machinery | 20% |
| Motor Vehicles | 20% |
| Fixtures & Fittings | 20% |
2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| Gift aid 4. Investment Income Bank interest receivable |
2025 Unrestricted funds £ 29,927 |
2024 Unrestricted funds £ 29,377 |
|---|---|---|
| 2025 Unrestricted funds £ 498 |
2024 Unrestricted funds £ 460 |
Bank interest receivable of £498 was earned during the year on cash balances held with the bank. The interest income is unrestricted and has been recognised on a receipts basis in accordance with the charity’s accounting policies.
Page 8
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
5. Net Income/(Expenditure)
The net (expenditure)/income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
| 2025 | 2024 |
|---|---|
| £ | £ |
| 39,562 | 43,509 |
6. Analysis of Expenditure
| Advancement of the Christian religion and education worldwide, and the relief of poverty Food bank activities Outreach and publicity Conference and seminars Welfare and gifts Pastor's welfare Training and development WOFIA - Women ministry Entertainmant and hospitality Honorarium RCCG Central Office (WEM & COF) Grants to other organisations |
Activities undertaken directly £ 7,916 6,344 3,216 9,188 - 27,866 12,089 150 4,797 5,550 - - |
Grant funding of activities (see note 7) £ - - - - 7,060 - - - - - 9,600 2,705 |
Support costs (see note 8) £ 77,893 - 14,026 - - 1,070 - - - - - - |
2025 Total £ 85,809 6,344 17,242 9,188 7,060 28,936 12,089 150 4,797 5,550 9,600 2,705 |
|---|---|---|---|---|
| 77,116 | 19,365 | 92,989 | 189,470 |
| Advancement of the Christian religion and education worldwide, and the relief of poverty Food bank activities Outreach and publicity Conference and seminars Welfare and gifts Pastor's welfare Training and development WOFIA - Women ministry Entertainmant and hospitality Honorarium RCCG Central Office (WEM & COF) Grants to other organisations Grants to individuals |
Activities undertaken directly £ 2,673 10,207 - 15,003 - 37,931 2,677 250 5,689 5,100 - - - |
Grant funding of activities (see note 7) £ - - - - 9,735 - - - - - 6,820 4,047 150 |
Support costs (see note 8) £ 60,194 - 14,026 - - - - - - - - - - |
2024 Total £ 62,867 10,207 14,026 15,003 9,735 37,931 2,677 250 5,689 5,100 6,820 4,047 150 |
|---|---|---|---|---|
| 79,530 | 20,752 | 74,220 | 174,502 |
Page 9
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
Expenditure for the year has been analysed between charitable activities, support costs, and governance costs, in accordance with the Charities SORP. All expenditure was incurred wholly in furtherance of the charity’s objectives.
Charitable Activities
Charitable activities expenditure represents costs directly attributable to delivering the charity’s Christian ministry and community support activities. These include:
Worship services, prayer meetings, and Christian teaching
Conferences, retreats, and evangelistic programmes
Youth and children’s activities
Food bank operations and welfare assistance
Outreach activities, including community engagement and pastoral support
Grants made to missionary and charitable organisations in furtherance of the charity’s objects
Support Costs
Support costs comprise expenditure that supports charitable activities but cannot be directly allocated to a single activity. These costs include:
Premises and utilities
Administrative and office costs
IT, communication, and website costs
Insurance and general overheads
Depreciation of tangible fixed assets
Support costs are allocated to charitable activities on a reasonable and consistent basis.
Governance Costs
Governance costs relate to the administration of the charity and compliance with statutory and regulatory requirements. These include:
Independent examination fees
Professional fees relating to governance and compliance
All expenditure incurred during the year relates directly to the charity’s charitable purposes. The charity does not undertake commercial or non-charitable activities, and no expenditure is attributable to fundraising or trading activities outside the scope of its charitable objectives.
- Grants Payable
| 2025 | |||||
|---|---|---|---|---|---|
| Grants to | Grants to | ||||
| Institutions | Individuals | Support costs | Total | ||
| £ | £ | £ | £ | ||
| Advancement of the Christian religion and education worldwide, and the relief of poverty |
- | - | 85,809 | 85,809 | |
| Food bank activities | - | - | 6,344 | 6,344 | |
| Outreach and publicity | - | - | 17,242 | 17,242 | |
| Conference and seminars | - | - | 9,188 | 9,188 | |
| Welfare and gifts | - | 7,060 | 7,060 | 14,120 | |
| Pastor's welfare | - | - | 28,936 | 28,936 | |
| Training and development | - | - | 12,089 | 12,089 | |
| WOFIA - Women ministry | - | - | 150 | 150 | |
| Entertainmant and hospitality | - | - | 4,797 | 4,797 | |
| Honorarium | - | - | 5,550 | 5,550 | |
| ...CONTINUED |
Page 10
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| RCCG Central Office (WEM & COF) Grants to other organisations Grants to individuals Advancement of the Christian religion and education worldwide, and the relief of poverty Food bank activities Outreach and publicity Conference and seminars Welfare and gifts Pastor's welfare Training and development WOFIA - Women ministry Entertainmant and hospitality Honorarium RCCG Central Office (WEM & COF) Grants to other organisations Grants to individuals |
9,600 2,705 - |
- - - |
9,600 2,705 - |
19,200 5,410 - |
|---|---|---|---|---|
| 12,305 | 7,060 | 189,470 | 208,835 | |
| Grants to Institutions £ - - - - - - - - - - 6,820 4,047 - |
Grants to Individuals £ - - - - 9,735 - - - - - - - 150 |
Support costs £ 62,867 10,207 14,026 15,003 9,735 37,931 2,677 250 5,689 5,100 6,820 4,047 150 |
2024 Total £ 62,867 10,207 14,026 15,003 19,470 37,931 2,677 250 5,689 5,100 13,640 8,094 300 |
|
| 10,867 | 9,885 | 174,502 | 195,254 |
- Support Costs
| . Support Costs |
||||
|---|---|---|---|---|
| Employee costs Premises expenses General administration Depreciation Governance costs |
Advancement of the Christian religion and education worldwide, and the relief of poverty £ - 33,547 17,930 25,536 880 |
Outreach and publicity £ - - - 14,026 - |
Pastor's welfare £ 1,070 - - - - |
2025 Total £ 1,070 33,547 17,930 39,562 880 |
| 77,893 | 14,026 | 1,070 | 92,989 |
Page 11
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| Premises expenses General administration Depreciation Interest payable Governance costs |
Advancement of the Christian religion and education worldwide, and the relief of poverty £ 13,212 16,054 29,483 500 945 |
Outreach and publicity £ - - 14,026 - - |
2024 Total £ 13,212 16,054 43,509 500 945 |
|---|---|---|---|
| 60,194 | 14,026 | 74,220 |
Support costs comprise expenditure that supports charitable activities but cannot be directly allocated to a single activity. These costs include:
Premises and utilities
Administrative and office costs
IT, communication, and website costs
Insurance and general overheads
Depreciation of tangible fixed assets
Support costs are allocated to charitable activities on a reasonable and consistent basis.
- Independent Examiner's Remuneration
| 9. Independent Examiner's Remuneration |
||
|---|---|---|
| Independent examination of the financial statements Other assurance services Tax advisory services Other financial services 10. Staff Costs Staff costs were as follows: Wages and salaries |
2025 £ 880 - - - 880 2025 £ 27,866 |
2024 £ 945 - - - |
| 945 | ||
| 2024 £ 37,931 |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
- Average Number of Employees
Average number of employees during the year was: 1 (2024: 1)
Page 12
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
- Debtors
| Due within one year Other debtors 13. Creditors: Amounts Falling Due Within One Year Other creditors 14. Creditors: Amounts Falling Due After More Than One Year Bank loans 15. Loans An analysis of the maturity of loans is given below: Amounts falling due between one and five years: Bank loans 16. Movement in Funds Unrestricted funds General: General unrestricted fund Tithe Offering Thanksgiving Building fund WOFIA fund Pledges Total unrestricted funds Restricted funds Food bank Total funds |
As at 1 April 2024 £ 335,415 - - - - - - |
Income £ 32,117 95,937 23,470 6,498 4,353 838 10,820 |
2025 £ 29,927 2025 £ 1,791 2025 £ 12,223 2025 £ 12,223 Expenditure £ (183,126) - - - - - - |
2024 £ 29,377 |
|
|---|---|---|---|---|---|
| 2024 £ 894 |
|||||
| 2024 £ 19,594 |
|||||
| 2024 £ 19,594 |
|||||
| As at 31 March 2025 £ 184,406 95,937 23,470 6,498 4,353 838 10,820 |
|||||
| 335,415 | 174,033 | (183,126) | 326,322 | ||
| - | 6,344 | (6,344) | - | ||
| 335,415 | 180,377 | (189,470) | 326,322 |
Page 13
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| Unrestricted funds General: General unrestricted fund Tithe Offering Thanksgiving Building fund WOFIA fund Pledges Total unrestricted funds Restricted funds Food bank Total funds |
As at 1 April 2023 £ - - - - - - - |
Prior year adjustment £ 308,593 - - - - - - |
Income £ 29,837 121,419 18,278 3,873 13,977 955 4,248 |
Expenditure £ (165,765) - - - - - - |
As at 31 March 2024 £ 172,665 121,419 18,278 3,873 13,977 955 4,248 |
|---|---|---|---|---|---|
| - | 308,593 | 192,587 | (165,765) | 335,415 | |
| - | - | 8,737 | (8,737) | - | |
| - | 308,593 | 201,324 | (174,502) | 335,415 |
- Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
- Related Party Disclosures
Page 14
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Detailed Statement of Financial Activities For The Year Ended 31 March 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Gift aid Charitable Activities: Advancement of the Christian religion and education worldwide, and the relief of poverty Church Church mission Events Food bank activities Grants Investments Bank interest receivable EXPENDITURE ON: Charitable Activities: Advancement of the Christian religion and education worldwide, and the relief of poverty Travel and subsistence expenses Light and heat Repairs and maintenance Cleaning Insurance Printing Telecommunications and data costs Professional fees Subscriptions Royalties and licence fees payable Bank charges Sundry expenses Depreciation Bank interest payable Independent examiner's fees Food bank activities Consumable items Carriage and freight |
2025 Total funds £ 29,927 |
2024 Total funds £ 29,377 29,377 157,547 955 4,248 162,750 8,737 8,737 460 460 201,324 (2,673) (8,266) (4,047) (899) (6,092) (4,623) (2,340) (150) (199) (868) (554) (1,228) (29,483) (500) (945) (62,867) (8,737) (1,470) (10,207) ...CONTINUED |
|---|---|---|
| 29,927 130,258 838 12,512 |
||
| 143,608 6,344 |
||
| 6,344 498 |
||
| 498 | ||
| 180,377 (7,916) (9,945) (22,664) (938) (4,934) (3,128) (2,803) (1,970) (436) (385) (559) (3,715) (25,536) - (880) |
||
| (85,809) (6,344) - |
||
| (6,344) |
Page 15
REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS Detailed Statement of Financial Activities (continued) For The Year Ended 31 March 2025
| Outreach and publicity Materials Depreciation Depreciation of plant and machinery Conference and seminars Materials Workshop consumables Welfare and gifts Grants to individuals Pastor's welfare Wages and salaries Staff welfare Training and development Other direct costs WOFIA - Women ministry Other direct costs Entertainmant and hospitality Other direct costs Honorarium Other direct costs RCCG Central Office (WEM & COF) Grants to institutions Grants to other organisations Grants to institutions Grants to individuals Grants to individuals NET (EXPENDITURE)/INCOME |
(3,216) (14,026) - |
- - (14,026) |
|---|---|---|
| (17,242) - (9,188) |
(14,026) (5,563) (9,440) |
|
| (9,188) (7,060) |
(15,003) (9,735) |
|
| (7,060) (27,866) (1,070) |
(9,735) (37,931) - |
|
| (28,936) (12,089) |
(37,931) (2,677) |
|
| (12,089) (150) |
(2,677) (250) |
|
| (150) (4,797) |
(250) (5,689) |
|
| (4,797) (5,550) |
(5,689) (5,100) |
|
| (5,550) (9,600) |
(5,100) (6,820) |
|
| (9,600) (2,705) |
(6,820) (4,047) |
|
| (2,705) - |
(4,047) (150) |
|
| - | (150) | |
| (189,470) | (174,502) | |
| (9,093) | 26,822 |
Page 16