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: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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. 7. **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| 8. **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. 9. **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. 11. **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** 12. **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| 17. **Transactions with Trustees** During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows: |**2025**|**2024**| |---|---| |**£**|**£**| 18. **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