REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
CHARITY REGISTRATION NUMBER: 1126614
REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
| CONTENTS | PAGE |
|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION | 1 |
| REPORT OF THE TRUSTEES | 2-4 |
| REPORT OF THE INDEPENDENT EXAMINERS | 5 |
| STATEMENT OF FINANCIAL ACTIVITIES | 6 |
| STATEMENT OF FINANCIAL POSITION | 7 |
| NOTES TO THE ACCOUNTS | 8-10 |
| INCOME AND EXPENDITURE | 11 |
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2024
Charity Registration Number 1126614
Registered Office
Registered Office 375 Raleigh Road Benfleet Essex SS7 3ST Trustees Mr. M Adeyinka (Chair) Mr. F Merotohun (Secretary) Mr. T Ekundayo
Accountants Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024
The Trustees present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust dated 12th August 2008, amended by special resolution in October 2008. It became a registered charity 1126614 on 11th November 2008.
The management of the Church is the responsibility of the trustees who are elected and co-opted under the terms and conditions of the trust deeds.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
The Charity's objects are:
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To seek the advancement of the Christian religion in accordance with the teachings of the Redeemed Christian Church of God, and to educate people in the Word of God.
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To teach the knowledge of Jesus Christ all over London Borough of Havering and beyond In addition, to help in the relief of poverty in all parts of the world: directly to our immediate members, their families, members of the local, national and International community as occasion would demand, in cash and in kind.
Activities for achieving objectives
The main activities of the church are as follows:
- Sunday service
Activities for achieving objectives ( Cont'd)
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Sunday school for all ages of children
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Mid-week Bible Studies
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Organising religious and social meetings in order to support "clients" financially, spiritually, physically, emotionally and in other ways
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024
Grant making policies
Under the Common Purposes Agreement (see above) Eagles Christian Connections has agreed to make an annual contribution to RCCG (UK). In addition, the church supports missionary organisations such as the World Evangelism Mission.
The church also provides support to members of the congregation (at the discretion of the trustees) who are in need.
Volunteers
We take this opportunity to thank all our volunteers who work so diligently, committing time and energy as well as other resources financial or otherwise to make our church relevant in the community.
FINANCIAL PERFORMANCE
The Charity's financial statement for the year ended 31st December 2024 shows Income of £70,255. (2023: £86,630). Expenditure was £60,434 (2023: £48,890) and the Church made a net surplus in funds of £9,831( 2023: £37,740) . Unrestricted reserves at 31st December 2024 is £116,166 (2023: £115,957).
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees 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, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to
presume the Charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements 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.
ON BEHALF OF THE BOARD:
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DO .............................................
F Merotohun (Secretary)
Date: 07 OCTOBER 2025
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS REPORT OF THE INDEPENDENT EXAMINERS FOR THE YEAR ENDED 31ST DECEMBER 2024
I report to the trustees on my examination of the accounts for the year ended 31st December 2024.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all 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 (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect,:
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the accounting records were not kept in accordance with section 130 of the Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of
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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.
………………………………
Rolston Allen FCCA
Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ
Date: 14/10/2025
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
| INCOMING RESOURCES Notes Unrestricted Incoming resources from generated funds Voluntary Income 2 70,254 70,254 RESOURCES EXPENDED Charitable Activities 3 55,627 Governance Costs 4 1,720 Management Costs 5 2,817 Finance Charges 6 259 TOTAL RESOURCES EXPENDED 60,423 NET INCOME/EXPENDITURE FOR THE YEAR 9,831 RECONCILIATION OF FUNDS Prior adjustment - Total funds brought forward 115,957 TOTAL FUND CARRIED FORWARD £125,788 |
INCOMING RESOURCES Notes Unrestricted Incoming resources from generated funds Voluntary Income 2 70,254 70,254 RESOURCES EXPENDED Charitable Activities 3 55,627 Governance Costs 4 1,720 Management Costs 5 2,817 Finance Charges 6 259 TOTAL RESOURCES EXPENDED 60,423 NET INCOME/EXPENDITURE FOR THE YEAR 9,831 RECONCILIATION OF FUNDS Prior adjustment - Total funds brought forward 115,957 TOTAL FUND CARRIED FORWARD £125,788 |
INCOMING RESOURCES Notes Unrestricted Incoming resources from generated funds Voluntary Income 2 70,254 70,254 RESOURCES EXPENDED Charitable Activities 3 55,627 Governance Costs 4 1,720 Management Costs 5 2,817 Finance Charges 6 259 TOTAL RESOURCES EXPENDED 60,423 NET INCOME/EXPENDITURE FOR THE YEAR 9,831 RECONCILIATION OF FUNDS Prior adjustment - Total funds brought forward 115,957 TOTAL FUND CARRIED FORWARD £125,788 |
2024 70,254 70,254 55,627 1,720 2,817 259 60,423 9,831 (9,622) |
2023 86,630 |
||
|---|---|---|---|---|---|---|
| 86,630 | ||||||
| 44,480 960 3,254 196 48,890 |
||||||
| 37,740 - |
||||||
| 115,957 | 115,957 | 78,217 | ||||
| £125,788 | £116,166 £115,957 |
None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2024 or 2023 other than those included in the statement of financial activities.
The notes on pages 8 to 10 form part of these accounts.
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST DECEMBER 2024
| Unrestricted | Restated | ||
|---|---|---|---|
| Notes | 2024 | 2023 | |
| FIXED ASSETS | |||
| Tangible assets | 8 | - | 2,817 |
| CURRENT ASSETS | |||
| Debtor - loan to members | 8,500 | 5,000 | |
| Cash at bank and in hand | 116,870 | 109,100 | |
| NET CURRENT ASSETS | 125,370 | £114,100 | |
| CREDITORS | |||
| Amounts falling due within one year | 9 | (9,204) | (960) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | TOTAL ASSETS LESS CURRENT LIABILITIES | 116,166 | 115,957 |
| NET ASSETS | 116,166 | 115,957 | |
| FUNDS: | |||
| Unrestricted Funds | 10 | 116,166 | 115,957 |
| TOTAL FUNDS | £116,166 | £115,957 |
The financial statements were approved by the Board of Trustees on ……...………..and were signed on its behalf by:
……………………………………. F Merotohun (Secretary) Date: 07 OCTOBER 2025
The notes on pages 8 to 10 form part of these accounts.
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements have been prepared under historical cost convention and in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005) issued in March 2005 and applicable accounting policies adopted in the preparation of the financial statements are as follows:
Accounting convention
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Financial reporting standard number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the
charity qualifies as a small charity.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Tithes & Offerings
Income from tithes and offerings, is included in incoming resources when these are receivable
Investment Income
Investment income consists of net interest received during the year and accounted for as unrestricted fund.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs.
Governance costs
Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support cost.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment and Furniture - 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund Accounting
Unrestricted funds is used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
| 2. VOLULTARY INCOME Tithes and offerings Gift aid Building fund Other income Total incoming resources 3. CHARITABLE ACTIVITIES Rent and premises cost Evangelism and special events Ministry & music expenses Equipment and computer peripherals Honorarium Hospitality Central expenses Books and journals Welfare Subscriptions Legal and professional fees 4. GOVERNANCE COSTS Accountancy Fees 5. SUPPORT COSTS: MANAGEMENT Insurance Light and heat Depreciation 6. FINANCE CHARGES Bank Charges |
2024 52,363 11,127 5,600 1,164 £70,254 2024 7,076 9,361 11,980 7,565 1,573 2,538 3,600 602 5,592 5,740 £55,627 2024 1,720 £1,720 2024 - - 2,817 £2,817 2024 £259 |
2023 66,391 9,073 9,355 1,811 £86,630 |
2023 66,391 9,073 9,355 1,811 £86,630 |
|---|---|---|---|
| 2023 8,528 4,465 11,513 594 800 350 3,600 50 1,991 12,589 £44,480 |
2023 8,528 4,465 1,513 594 800 350 3,600 50 1,991 2,589 |
||
| £ £ |
£ | 2023 960 £960 2023 232 247 2,775 |
|
| 3,254 | |||
| 2023 £196 |
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS NOTES TO THE ACCOUNTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024
7. STAFF COSTS AND TRUSSTEES EXPENSES Trustees' expenses
There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 2023.
| Wages and Salaries The average number of employees analysed by function : No employee received remuneration of more than £60,000. 8. FIXED ASSETS COST Opening and Closing balance DEPRECIATION Opening Balance Charge for the year Closing balance NET BOOK VALUE As at 31st December 2024 As at 31st December 2023 9. CREDITORS : Amounts falling within after one year Accruals 10. MOVEMENTS IN FUNDS Incoming Resources Unrestricted Funds General Fund £70,254 2024 Prior year adjustment General fund for the year 9,831 - General fund brought forward £115,957 (£9,622) Total funds £125,788 (£9,622) |
2024 Nil 0 Equipment and Furniture 14,656 14,656 11,839 2,817 14,656 £0 £2,817 2024 £9,204 Resources Expended £60,423 2024 9,831 £106,335 £116,166 |
2024 Nil 0 Equipment and Furniture 14,656 14,656 11,839 2,817 14,656 £0 £2,817 2024 £9,204 Resources Expended £60,423 2024 9,831 £106,335 £116,166 |
2024 Nil 0 Equipment and Furniture 14,656 14,656 11,839 2,817 14,656 £0 £2,817 2024 £9,204 Resources Expended £60,423 2024 9,831 £106,335 £116,166 |
2023 Nil 0 Total 14,656 14,656 11,839 2,817 14,656 £0 £2,817 2023 £960 Movement in |
2023 Nil 0 Total 14,656 14,656 11,839 2,817 14,656 £0 £2,817 2023 £960 Movement in |
2023 Nil 0 Total |
|---|---|---|---|---|---|---|
| Funds £9,831 2023 37,740 £78,217 £115,957 |
Funds | |||||
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REDEEMED CHRISTIAN CHURCH OF GOD EAGLE CHRISTIAN CONNECTIONS INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST DECEMBER 2024
| Incoming Resources: Voluntary income: Tithes and offerings Gift aid Building fund Other income Total incoming resources £ RESOURCES EXPENDED: Cost of generating voluntary income CHARITABLE ACTIVITIES Rent and premises cost Evangelism and special events Ministry & music expenses Equipment and computer peripherals Honorarium Hospitality Central expenses Books and journals Welfare Subscriptions Legal and professional fees £ GOVERNANCE COSTS Accountancy Fees MANAGEMENT COSTS Insurance Light and heat Depreciation FINANCE CHARGES Bank Charges Total resources expended Net expenditure |
2024 £ 52,363 11,127 5,600 1,164 70,254 £ 7,076 9,361 11,980 7,565 1,573 2,538 3,600 602 5,592 5,740 55,627 £ 1,720 £1,720 - - 2,817 £2,817 £259 60,423 £9,831 £ |
2023 £ 66,391 9,073 9,355 1,811 |
|---|---|---|
| 86,630 | ||
| 8,528 4,465 11,513 594 800 350 3,600 50 1,991 12,589 |
||
| 44,480 | ||
| 960 £960 232 247 2,775 £3,254 |
||
| £196 48,890 |
||
| 37,740 |