Regi tered number 1127540 REDEEMED CHRISTIAN CHURCH OF GOD-HIS PRE ENCE Report and Accounts 30 June 2025 REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE Report and accounts Contents Page Company Information Trustees Report Independent Examiner Report Income And Expenses Report Balance sheet Notes to the accounts REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE Company Information Trustee Tunde Adekunle Independent Examiner Manchester Accountancy Services 182 Stocks Street Manchester M8 8QH Registered offl¢e His House 33 Hilton Street North Salford Lnacashire M40 9JS Registered number 1127540 REDEEMED CHRISTIAN CHURCH OF GOD - HIS PRESENCE Registered nurr 1127540 Trustees, Report The Trustees present their report and ac¢ounls for the year ended 30 June 2024. Legal and administration Redeemed Christian Church of God His Presence is a registered charity num 1127540 and subject lo the regulation of the charity commission Structure, Governance and Management The Charity is governed by ils constitution . The charity is conslituled a5 an associ consisting of members The Iruslees are appointed re appointed al the annLJal gen meeting Trustee The following persons served as Trustee during the year". Tunde Adekunle er lion ral Objective & Vislon 11 Provision ol Weeklv Church Service 21 Provision services lo individuals and family 31 Help lo relief the povety 41 The promotion of peace and harmony 51 Working with other Christian agencies 61 Sponsoring project oversees Financial review of the year Donation & Gift Aid and received during the year were £199952 and £69600 was spent on staff wages and £12264 was spent on premises and £56961 Management & Adminislralion costs Summary of main activlties 11 improvement ol existing services for more cacacity 21 help lo relief the poverty for poor people 31 extension of Sunday prayers facalilies 41 helped the people with linacial hardship Achievement and performance8 Improving quality education for ¢hildren's and women 21 Re9ular meetings and gathering on faiths topics Plans for future 11 continue holding faiths and religions meetings 21 Delivereing religious courses 31 expanding Education facilities for all a9e women 41 expandin rama music and Irainn9 program for youth This report was approved by the board on 28.4 2026 and signed on ils behalf. Tunde Adekunle Trustee 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 year ended 30 June 2025 Respective respon$abality of trustees and examlner The charily,s Iru51ees are responsible for the preparation of the accounts. The ¢harily consider that an audit Is not required lor this year under section 144121 of the charil 201 Illhe 2011 Act land that an Independent examination Is needed or the rusles e$ A¢1 il 15 my responsibility lo examine the accounts under section 145 of the 2011 act to follow the procedures laid down in general directions given by charity commission un 14515llbl of the 2011 act and to stale whether particular matters have come lo my attention er sect Bas13 01 independent examlner,s roport My examination was carried out In accordance with the general directions 9iven by the commssion an examination includes a review ol the accounting records kept by the ¢h and comparision ol the aceounls presented with those records Il a150 Includes consider ol any unusual items or disclosures in accounts and se8kin9 of expalnalion$ from you Iruslee concering any such matter5 The procedures undertaken do not provide all the eviden¢e that would be rquire in an a and consequently no opinion Is given as lo whether the accounts present 8 true and fai and report 1$ limited lo those matters sel out the slalemenl below Independent examiner,s slalemenl in connection with my examination no matter has come lo my attention 11 which gives me reasonable cause lo believe that in any material respect the require lo keep accounting records and in accoradance with section 130 of the 2011 A lo prepare accounts which accord with the accounting records and lo comply w accounting requifemenmls of the 2011 act have not been mel or 2 to which ln my op1nion attention should be drawn in order lo enable a proper understa of the accounts lo be reached hafity lion dit view enl land hlhe ding nc ester Accountancy Services 182 Stocks Street Manchester M8 8QH Dale zglp12 REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE Profit and Loss Account for the year ended 30 June 2025 2025 Income 166,704 Cost of sales 19,9331 Gross profit 166,704 Adminislralive expenses Other operating Income 1138,8251 33,248 Operatlng proflt 61,127 Proflt beforo taxatlon 61,127 Tax on profil Proflt for the Ilnanclal year 61,127 REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE Registered number: 1127540 Balance Sheet as at 30 June 2025 Notes 2025 Flxed assets Tangible assets 169,749 Current assets Cash al bank and in hand 141,505 Creditors.. amounts falling due within one year 14001 Net current as5et5 141,105 Total assets Igss current 310,854 Creditors.. amounts falling due after more than one year 124,9591 Net assets 285,895 Capltal and reserves Profil and loss account 285,895 Shareholders. funds 285.895 The directors are satisfied that the company is enlilled lo exemption from the require an audit under section 477 of the Companies Act 2006. The members have not required the company lo obtain an audit in accordance with s the Act. nt lo obtsin ction 476 of The directors acknowledge their ￿sponSIbl1111eS lor complying with the require Companies Act 2006 with respect to accounting records and the preparation of account The accounts have been prepared and delivered In accordance with the speci applicable lo companies subject lo the small companies regime. The profit and loss ac been delivered to the Regi51rar of Companies. enls of the I provisions ounl has not Tunde Adekunle Director Approved by the board on 28 April 2026 REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE Notes to the Accounts for the year ended 30 June 2025 1 Accountlng policies Basis of preparation The accounts have been prepared under the historical cost convention and in acc FRS 102, The Financial Reporting Standard applicable in the UK and Republic o applied lo small entitie5 by section 1A of the stsndardl. rdance with Ireland las Turnover Turnover Is measured al the fair value of the con51deration received or receivable, nel and value added taxes Turnover includes revenue earned from the sale of goods rendering ol services. Turnover from Ihe sale of goods is recognised when the signific rewards of ownership of the goods have transferred to the buyer Turnover from the services is recognised by reference to the stage of completion of the contract completion of a contract is measured by companng the costs incurred for work perfo lo the total eslimaled contract costs. ol discounts nd from the nl risks and rendering ol he stage of med lo dale Intanglble flxed assets Intangible fixed assets are measured al cost less accumulative amortisation and any impairment losses. ccumulalive Tangible fixed assets Tangible fixed assets are measured al cost less accumulative depreciation and any irnpairmenl 1055es Depreciation Is provided on all tangible fixed assets, other than f al rates calculated lo write off the cost, less eslirnaled re51dual value, of each asset e expected useful life. as follows. ccumulalive ehold land, enly over its Freehold buildings Leasehold land and buildings Plant and machinery Fixtures, fittings. tools and equipment over 50 years over the lease term over 5 years over 5 years Investments Investments in subsidiaries, associates and joint ventures are measured al c aecumulaled impairment losses. Listed investments are measured al fair val Investments are measured al fair value unless the value cannot be measured relia case they are measured al cost less any a¢cumulated impairment losses. Changes are included in the profil and10ss account. t less any e. Unlisted ly. in which n fair value Stocks Stocks are measured al the lower of cost and estimated selling price less costs lo c sell. Cost is determined using the first in first out method. The carrying amount ol recognised as ari expense In the period in which the related revenue Is rewgnised. mplele and ock sold is Debtors Short term debtors are measured at transaction price Iwhich is usually the invoice pri impairment losses for bad and doubttul debts. Loans and other financial assets recognised al transaction Pfice including any transaction costs and subsequently amortised cost determined using the efieclive Interest method, less any impairment lo and doubtful debts. el, less any easured al ses for bad Creditors REDEEMED CHRISTIAN CHURCH OF GOO -HIS PRESENCE Notes to the Accounts for the year ended 30 June 2025 Short term creditors are measured al transaction price (which is usually the invoice and other financial liabilities are initially recognised al transaction price nel of any Iran and subsequently measured al amortised cost determined using the effective interest rice). Loans action costs elhod Taxation A current lax liability is recognised lor the lax payable on the taxable profit of the cur periods. A current 18X 8ssel Is recognised in respect of a tax loss that can be ca recover lax paid in a previous period. Deferred lax is reco9ni5ed in respect of all timin between the recognition of income and expenses in the financial statements and the lax assessments. Unrelieved lax losse5 and other deferred tax assets are recognis exlenl that Il is probable that they will be recovered against the reversal ol deferred la other future taxable profits. Deferred lax is measured using the lax rates and laws th enacted or substantively enacted by the reporting date anol that are expected lo reversal of the timing difference. except for revalued land and investment property rale that applies lo the sale of the a55et is used. Current and deferred lax assets and not d1scounled nl and past led back lo differences inclusion in only lo the I have been pply to the here the lax Iiabilitres are Provisions Provisions lie liabilities of uncertain liming or amount) are recognised when there Is an the reporting date as a result of a past event. Il is probable that economic benefit will b lo sellle the obligation and the amount of the obligation can be estimated reliably. obligation al Iransferre Foreign currency translation Transactions in foreign currencies are initl8lly recognised 81 the rate of exchange rulin of the transaction Al the end of each reporting period foreign currency monela translated al the closing rale of exchange. Non-monelary items that are measured al are translated al the rale ruling al the dale of the Iransaclion. All differen¢es are cha or loss. at the dale Item5 are istorical cost ged to profil Leasgd assets A lease Is classified as a finance lease if il transfers substsntially all the risks incidental to ownership. All other leases are classified as operating leases The right obligations under finanee leases are initially recognised as assets and liabilities at a to the fair value of the leased assets or, if lower, the present value of the mi payments. Minimum lease payments are apportioned bel￿een the finance cha reduction in the outstanding liability using the effective interest rale method. The fina allocated lo each period during the lease so as lo produce a constant periodic rale the remaining balance of the liability. Leased assets are depreciated in accorda company's policy for tangible fixed assets. If there is no reasonable certainty that own obtained al the end of the lease terrn. the a55et 15 depreciated over the lower of the le its useful life. Operating lease payments are reco9nised as an expense on a straig over the lease term nd rewards of use and ounts equal mum lease e and the e eharge is Interest on ce with the rship will be se term and I line basis Pensions Contributions lo defined contribution plans are expensed in the period lo which they rel le. 2 Employees 2025 Number Average number of persons employed by the Company REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE Notes to the Accounts for the year ended 30 June 2025 3 Tanglble fixed assets Plant and machinery etc Land and bulldings Motor vehlcle8 Total Cost Al 1 July 2024 Additions 161,074 7,589 20,680 28,269 3,646 172,309 20,680 192.989 AI 30 June 2025 161,074 3.646 Depreciation Al l July 2024 Charge for the year AI 30 June 2025 23,096 3,221 26,317 16.8951 173 6,722 3.645 19.846 3.394 23,240 3,645 Net book value AI 30 June 2025 134,757 34,991 169.749 AI 30 June 2024 137,978 14.484 152.463 4 Credltors: amounts falllng due wlthln on• year 2025 Trade creditors 400 S Cred5tors: amounts falllng due after ono year 2025 Bank loans Other creditors 4.500 20,459 24,959 6 Oth•r Information REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE is a private compa shares and Incorporated In England. Ils registered office is.. His House 33 Hilton Street North Salford Lnacashire M40 9JS y limited by REDEEMED CHRISTIAN CHURCH OF GOD -HIS PRESENCE Detailed profit and loss account for the year ended 30 June 2025 This schedule does nol form part of the st81utory accounts 2025 Income 166,704 Cost of sales Member ship fee lo Redeemed church Other direct costs 3,324 6,609 9.933 Administrative expenses Employee costs. Wages and salarie5 Employer's Nl Travel and subsislen¢e Motor expenses 69,600 8,938 412 8,750 87,700 Premises costs". Rent Rates Light and heal Cleaning 358 3,005 7,876 1,025 12,264 General administrative expenses.. Telephone and inlernel Depricialion Insurance Equipment expensed Software Repairs and maintenance Interest Alaom Sunday school Sundry expenses 2,873 3.394 2.653 116 479 12,132 3,514 896 474 1,618 28,149 Legal and professional costs. Accountancy fees Consultancy fees 410 369 779 128.892 Other operating income Other income Gif AID scheme 33,248