Charity number 1127540 REDEEMED CHRISTIAN CHURCH OF GOD- HIS PRESENCE FINANCIAL STATEMENT 30 June 2024 REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Report and accounts Contents Page Charity information Trustee5' report Accountants, report Stslemenl of Financial Activities Balance sheet Notes lo the accounts REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Charity Information Trustee Babalunde Adekunle Accountants Manchester Aecountsncy Services 144 Cheelham Hill Road Manchester Lancs M8 8PZ Sollcltors Bankers Barclays 1 Churchill Place London E14 5HP Reg18torod Offl¢fr His house 33 hilton Street North Sallord M40 9JS Reglster Charlty Numbor 1127540 REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Registered nuff 1127540 Trustees, Report The Trustees present their report and accounts lor the year ended 30 June 2024. Legal and admlnistration Redeemed Christian Church of G¢>J - His Presence is a registered charity number 1127540 and subject to the regulation ol the charity commission Structurg, Governance and Management The Charity 1$ governed by its constitution The Charity 15 constituted as an a590¢18tion consisting of members. The Iruslees are appointed re appointed al the annual general meeting Trustee The following persons setved as Tfuslee during the year.. Babatunde Adekunle Obl8ctlve & Vlslon 11 Prov1s10n of Weeklv Church Service 21 Provision services lo Individuals and family 31 Help to relief the poverty 41 The promotion of pea¢e and harmony 51 Working with other Christian agencies 61 Sponsoring project oversees Flnanclal revlfrw of the yoar Donation & Gift Aid and received during the year were £167086 and £45500 was spent on leaeher wages and £73188 was spent on premises and Management & Administration costs Summary of maln actlvltles 11 improvement ol existing services for more cacacity 21 help to relief the poverty for p¢)or people 31 extension ol Sunday prayers facalilies 41 helped the people with finacial hardship A¢hlev8mgnt and performance8 improving quality education lor Children's and women 21 Regular meetings and gathering on faiths topics 31 helping needy people in covid19 pendamic Pl•n8 for future 11 Continue holding faiths and religions meetings 21 Delivereing religious courses 31 expanding Education facilities for all age women 41 expanding drama music and trainng program for youth This report was approved by the Babalunde Adekunle ru51ee on 20.4.2025 and signed on its behalf. REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Independent Examiner report to the Trustees of REDEEMED CHRISTIAN CHURCH OF GOD- HIS PRESENCE I report on the accounts of the Redeemed Christian Church Of God His presence for the year ended 30 June 2023 Rgspectlve responsaballty of trustees and oxamlner The charity,s Iruslees are responsible for the preparation of the accounts. The charity Irusles consider that an audit is not required for this year under section 144121 of the charitie5 Act 2011 Ilhe 2011 Act land that an Independent examination is needed il Is my responsibility lo examine the accounts under section 145 of the 2011 act lo follow the procedures laid down in gen8ral directions given by charity commission under sect 14515llbl ol the 2011 act and lo slate whether particular matters have come to my attention 8asl8 of Sndgpendent •x4mln•r,8 r•port My examination was carried out in accordance with the general directions given by the charity commssion an examination Includes 8 review of the accounting re¢ord$ kept by the charity and comparision ol the accounts presented with those records il also includes consideration of any unusual Items or disclosures in accounts and seeking of expalnalions from you as Iruslee concering any such matter5 The procedures undertaken do not provide 811 the evidence that would b8 rquire in 8n audit and consequently no opinion is given as lo whether the accounts pffjsenl a true and fair view and report is limited lo those mallers set out the slalemenl below Independent examiner.s slalemenl in connection wilh my examination no matter has Come lo my attention 11 which gives me reasonable cause lo believe that In any material re$pe¢t the requirement to keep accounting records and in a¢coradan¢e wilh seclion 130 of the 2011 Aol and to prepare accounts which accord with the accounting records and lo comply with the accounting requiremenmls ol the 2011 a¢1 have not been mel or 2 to which in my opinion attention should te drawn in order lo enable a propor understsnding ol the accounts lo be reached ler Accoun ncy Services 144 Cheelham hill road Manchester M8 8PZ Dalei4911 REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Statement of Financial Activities for the year ended 30 June 2024 Notes 2024 Incomlng Resources Donation5 137,575 Gift Aid S¢heme 29,511 Total incoming resources Rosource8 Expended Direct Charitable wages & National Insurance 45,500 Management & Adminislralive expenses 73,168 Total Rosourcei Expanded 11 N•t In¢ome Recour¢08 48,418 total fund Brought forward 176,350 Total funds c•rrlod forward REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE 8alance Sheet as at 30 June 2024 Notos 2024 Fixod Assets Tangible Assets 142,067 Current a$sets Cash al bank and in hand Debtors Credltor8: amounts falllng duo wlthln one year 129,481 123,3191 Net current a8set8 106,162 Credltors Amount falllng duo more tha ono yèar 123,4611 Not a88Ots 224,768 Funds of the Charlty Unreslricled Funds Total lund8 224,768 Babalunde Adekunle Trustee Approved by the board on 20.4.2025 REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Notes to Financial statement for the year ended 30 June 2024 1 Accountlng pollcles Basis ofprgparation The accoun15 have been prepared under the historic81 cost ¢onvenlion on going concern basi5 and in accordan￿ with the SORP 2005 and with the accounting standards b In¢omiTng Resources Fee income and donation a￿ included in the statement of financial activities SOFA when received by charity Depro¢latlon Depreciation has been provided al the following rates in order lo write off the assets over their estimated useful lives. Fixture & fittings 15V/o slraighl line d Expenditure Recoganltlon Li8balilies are recoganised a$ soon as there is legal or conslraclive obligation committing the charity lo pay out ￿SOurceS Management & Admlstratlon Expenses includes all expenditure not directly related to the charityable activities of fund raising ventures Fee & Donations Received from the students attending religious school and general public attending the mosque 3 Direct Charityable cost Wage5 & Ni¢ for staff £39390 4 Funds of charlty 2024 At 1 July 2023 Totsl fund carried forward 176,350 48,418 AI 30 June 2024 224,768 5 Credltors: amounts falling due within one yoar 2024 Trade creditors 23.319 6 Creditors: amounts falling due wSthSn one year Mortgage Creditors 23,461 REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Detailed Financial Statement for the year ended 30 June 2024 2024 Income recoursos 167,086 Admlnlstrative expenses Employee costs.. Wages ancl salaries Staff training and welfare 4S,500 45,500 Premises costs.. Rates Mortgage Interest cost Light and heal Repairs and mainlenan¢e Equipment expensed 4,361 6,770 7,399 9,019 6,416 33,965 General adminislralive expenses.. Telephone and lax Motor expenses Slalionery and printing Consultancy lees Finance Cost Bank charges Food disribulion lo needy people Youth outreach activities cos Insurance Music & media cost Sundries 1,122 12,777 1,030 3,085 10.006 1,000 4,635 33,655 Legal and professional ¢osts'. Other legal and professional Accountancy cost 5,118 450 5,588 118,688