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THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) SOLUTION ASSEMBLY NEWCASTLE

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 11TH OCTOBER 2024

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)

SOLUTION ASSEMBLY NEWCASTLE

Contents	Page
CORPORATE INFORMATION	3
BOARD OF TRUSTEE’S REPORT	4 – 6
INDEPENDENT EXAMINER’S REPORT	7
STATEMENT OF FINANCIAL ACTIVITIES	8
STATEMENT OF FINANCIAL POSITION	9
ACCOUNTING POLICIES	10
NOTES	11 -13

	CORPORATE INFORMATION
Registered Charity Number:	1139961
Principal Address	Solution House
	29 Welbeck Road
	Newcastle upon Tyne
	NE6 2HU
General Overseer:	Pastor E. A. Adeboye
Minister-in-Charge:	Pastor Adetola David Odumade
Board of Trustees:	Pastor-Mrs Christiana Longe	-	Chairperson
	Pastor-Mrs Oluwayemisi Onanuga	-	Member
	Mr Evong B. Evong	-	Member
	Mrs Funmi Adeyemi	-	Member
Bankers:	HSBC
	110 Grey Street
	Newcastle upon Tyne
	NE1 6JG

BOARD OF TRUSTEE’S REPORT

The trustees present their report with the financial statements of the charity for the year ended 11 October 2024. The trustees have adopted the provision of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Public Benefit Statement

The Trustees confirm that they have complied with the duty in section 4 of the Charites Act 2011 to have due regard to the Charity Commission’s guidance on public benefit "Charites and Public Benefit".

Governing Document

The charity is an unincorporated association governed by a constitution. Eligibility for members of board of trustees is governed by the constitution.

There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law.

Organisation Structure

The church is organised such that the trustees meet at regular intervals to manage its affairs. The day to day activities of the church is administered by the Pastor-in-charge:-

Pastor Adetola David Odumade

Volunteers

Many volunteers sacrifice their time to help with the routine activities of the church. We are greatly indebted to these volunteers for their unwavering commitment and support.

Appointment of New Trustees

Trustees are appointed by strict spiritual guidelines and biblical qualities that mirror Christ-like attributes. There was no trustees’ remuneration or other benefits.

The trustees who served during the period were as follows:

Pastor-Mrs Christiana Longe	-	Chairperson
Pastor-Mrs Oluwayemisi Onanuga	-	Member
Mr Evong B. Evong	-	Member
Mrs Funmi Adeyemi	-	Member

Risk Management

The trustees actively review the major risks which the charity faces on a regular basis. The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to mitigate these risks.

Related Parties and Objective

RCCG Solution Assembly is a member of Redeemed Christian Church of God (RCCG) which has parishes in many countries of the world. The relationship between the parishes and RCCG is governed by an agreement for common purposes.

Our objective is to raise men and women who have been transformed by the power of God’s word to lead and impact their generation for Christ as ambassadors that provide solutions to every challenge of life.

Principal Funding Sources

The sources of fund are provided mainly through tithes, offerings and other donations by church members as well as gift aid.

Objects and Activities

The principal object is the advancement of Christian Faith worldwide and the relief of poverty. To promote any charitable activity for the benefit of the local people. To achieve its objective, the charity adopted the following strategies;

Conducting Sunday worship services, midweek Bible study and prayer meetings;
Running seminars in the church with proven ministers of faith to guide members in the various aspects of Christian faith;
Support for other charities and Christian events; and
Regular visitation within the local community to provide required support.

The activities for achieving its objectives include:

Community outreach events e.g., Annual Back-to-School; Street Cleaning
Conference and events e.g., Men’s/Women’s conferences; YAYA conference
Welfare support to members and general public e.g., Food bank
Various missionary activities

Achievements and Future Developments

This year we have successfully share our Christian faith by promoting positive values to reduce social vices among the youths in our communities, providing educational materials for children to support struggling families, delivering comprehensive career development path for students and many more community-oriented events.

As we pursue life transforming programmes and embark on spreading the gospel of Christ, we anticipate transformation in peoples’ life and growth in membership that will lead to planting of more parishes.

Indeed, the present level of funding is sufficient to support the continuation of the church objectives.

Financial Reviews

During the period, the total of sum £185,097 was received in voluntary income. Total resources expended was £159,651 thus resulting in operating surplus of £25,446. Cash at the end of the period was £47,641.

Future Development

The Charity plans to continue with its various activities relevant to its local community. In the coming year, the Charity plans to organise more developmental seminar/conference and workshops for its members and local community,

Trustees’ Responsibilities

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charity, and of the incoming resources and application of resources for that period. In preparing those financial statements, the trustees have:

❖ Selected suitable accounting policies and applied them consistently;
❖ Observed the methods and principles in the Charity SORP;
❖ Made judgements and estimates that are reasonable and prudent;
❖ Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
❖ Prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the charity will continue in operation).
❖ The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the 2005 SORP for charities and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2007). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the detection and preventions of fraud and other irregularities.

This report was approved by the Board of Trustees and signed on their behalf by:

On behalf of the charity:

28/08/2025 ____ ______ Pastor-Mrs Christiana Longe Date Chairperson, Board of Trustees

INDEPENDENT EXAMINER’S REPORT

Report to the trustees/members of: The Redeemed Christian Church of God (RCCG) Solution Assembly Newcastle On accounts for the year ended: 11[th] October 2024, set out on pages 9 - 13 Charity No: 1139961

Respective Responsibilities of Trustees and Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity commission (under Section 145(5) (b) of the 2011 Act); and
to state whether particular matters have come to my attention.

Basis of the Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also include consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act

Have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: O.A. Date: 25[th] August 2025

Name: Olalekan Aladesanmi, FAIA

Relevant professional qualification(s) or body (if any): AIA

Address: 1 Hendon Road, Sunderland, SR1 2HB

STATEMENT OF FINANCIAL ACTIVITIES: YEAR ENDING 11[TH] OCTOBER 2024

Notes INCOMING RESOURCES Donations, Legacies and similar incoming resources 1 Activities in furtherance of charity's object 2 Total Incoming Resources RESOURCES EXPENDED Grants and Donations 3 Costs of activities for Charitable objectives 4 Support costs 5 Management and Governance Cost 6 Total Resources Expended Net (Resources expended/Incoming Resources) Total Funds brought forward Total Funds carried forward	2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds £ £ £ £ 178,073 - 178,073 160,499 7,024 - 7,024 13,272
	185,097 - 185,097 173,771
	46,933 - 46,933 32,683 54,112 - 54,112 77,863 53,118 - 53,118 38,916 5,488 -5,488 3,440
	159,651 - 159,651 152,902
	25,446 - 25,446 20,869 76,882 - 76,882 56,014
	102,328 - 102,328 76,882

STATEMENT OF FINANCIAL POSITION: YEAR ENDING 11[TH] OCTOBER 2024

Notes Non-current Assets Tangible Assets 7 Current Assets Cash in Bank Short Term Liabilities Creditors (amount falling due in one year) 8 Net Current Assets Long Term Liabilities Creditors (amount falling due after more than one year) 9 Net Assets Charity Funds Unrestricted Restricted Total Charity Funds 10	2024 2023 Total Funds Total Funds £ £ 286,607 289,751
	47,641 22,687
	47,641 22,687
	53,768 34.150
	-6,127 -11,463
	178,152 201,405
	102,328 76,882
	102,328 76,882 - -
	102,328 76,882

The financial statements were approved by the Board of Trustees on ……28/08/2025……. and were signed on its behalf by:

…………………………………………….

Pastor-Mrs Christiana Longe – Chairperson

ACCOUNTING POLICIES

The fundamental accounting policies, all of which have been consistently applied throughout the year, are set out below:

(a) Scope and Basis of Preparation

The financial statements of Solution Assembly have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

(b) Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purposes.

(c) Incoming Resources

All incoming resources are accounted for when the Charity is legally entitled to the funds and the amount can be quantified with reasonable accuracy.

(d) Resources Expended

All expenditure is accrued for on accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

(e) Cash flow

The financial statements do not include a cash flow statement because the church, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective June 2002).

(f) Tangible Fixed Assets and Depreciation

Depreciation is charged on an annual rate on a reducing balance basis in order to write off each asset over its estimated useful life.

Asset Category	Annual Rate
Land and Building	2% on cost
Motor Vehicles	10% on cost
Fixtures and Fittings	25% on cost
Equipment	20% on cost

(g) Taxation

The charity is exempt from corporation tax on its charitable activities.

NOTES

2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 1. Donation, Legacies and Similar Incoming Resources £ £ £ £ Tithes 118,844 - 118,844 99,059 Offering 44,163 - 44,163 46,527 Thanksgiving 2,644 - 2,644 7,498 Seed of Faith 1,773 - 1,773 879 Welfare 1,149 - 1,149 978 First Fruits 7,628 - 7,628 3,892 Mission 784 - 784 284 Other donations 1,088 - 1,088 1,382 168,923 - 168,923 160,499 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 2. Activities in Furtherance of Charity Object £ £ £ £ Grant Received - Gift Aid - - - - Rent received 7,024 - 7,024 13,272 7,024 - 7,024 13,272 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 3. Grants Paid (Institutional and Non- institutional) £ £ £ £ RCCG - World Evangelical Mission 35,468 - 35,468 23,102 RCCG - Central Office Fund 600 - 600 600 RCCG Regional/Province/Area Contribution 300 - 300 1,450 Festival of Life 240 - 240 280 Evangelical Support 7,645 - 7,645 6,831 Relief fund 2,190 2,190 - OHCC dues 490 - 490 420 46,933 - 46,933 32,683 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 4. Cost of Activities for Charitable Objectives £ £ £ £ Mortgage payment 21,945 - 21,945 20,637 Loan interest payment - - - 41,960 Building Expenses 32,167 - 32,16715,266 54,112 - 54,112 77,863	2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 1. Donation, Legacies and Similar Incoming Resources £ £ £ £ Tithes 118,844 - 118,844 99,059 Offering 44,163 - 44,163 46,527 Thanksgiving 2,644 - 2,644 7,498 Seed of Faith 1,773 - 1,773 879 Welfare 1,149 - 1,149 978 First Fruits 7,628 - 7,628 3,892 Mission 784 - 784 284 Other donations 1,088 - 1,088 1,382 168,923 - 168,923 160,499 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 2. Activities in Furtherance of Charity Object £ £ £ £ Grant Received - Gift Aid - - - - Rent received 7,024 - 7,024 13,272 7,024 - 7,024 13,272 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 3. Grants Paid (Institutional and Non- institutional) £ £ £ £ RCCG - World Evangelical Mission 35,468 - 35,468 23,102 RCCG - Central Office Fund 600 - 600 600 RCCG Regional/Province/Area Contribution 300 - 300 1,450 Festival of Life 240 - 240 280 Evangelical Support 7,645 - 7,645 6,831 Relief fund 2,190 2,190 - OHCC dues 490 - 490 420 46,933 - 46,933 32,683 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 4. Cost of Activities for Charitable Objectives £ £ £ £ Mortgage payment 21,945 - 21,945 20,637 Loan interest payment - - - 41,960 Building Expenses 32,167 - 32,16715,266 54,112 - 54,112 77,863	2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 1. Donation, Legacies and Similar Incoming Resources £ £ £ £ Tithes 118,844 - 118,844 99,059 Offering 44,163 - 44,163 46,527 Thanksgiving 2,644 - 2,644 7,498 Seed of Faith 1,773 - 1,773 879 Welfare 1,149 - 1,149 978 First Fruits 7,628 - 7,628 3,892 Mission 784 - 784 284 Other donations 1,088 - 1,088 1,382 168,923 - 168,923 160,499 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 2. Activities in Furtherance of Charity Object £ £ £ £ Grant Received - Gift Aid - - - - Rent received 7,024 - 7,024 13,272 7,024 - 7,024 13,272 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 3. Grants Paid (Institutional and Non- institutional) £ £ £ £ RCCG - World Evangelical Mission 35,468 - 35,468 23,102 RCCG - Central Office Fund 600 - 600 600 RCCG Regional/Province/Area Contribution 300 - 300 1,450 Festival of Life 240 - 240 280 Evangelical Support 7,645 - 7,645 6,831 Relief fund 2,190 2,190 - OHCC dues 490 - 490 420 46,933 - 46,933 32,683 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 4. Cost of Activities for Charitable Objectives £ £ £ £ Mortgage payment 21,945 - 21,945 20,637 Loan interest payment - - - 41,960 Building Expenses 32,167 - 32,16715,266 54,112 - 54,112 77,863	2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 1. Donation, Legacies and Similar Incoming Resources £ £ £ £ Tithes 118,844 - 118,844 99,059 Offering 44,163 - 44,163 46,527 Thanksgiving 2,644 - 2,644 7,498 Seed of Faith 1,773 - 1,773 879 Welfare 1,149 - 1,149 978 First Fruits 7,628 - 7,628 3,892 Mission 784 - 784 284 Other donations 1,088 - 1,088 1,382 168,923 - 168,923 160,499 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 2. Activities in Furtherance of Charity Object £ £ £ £ Grant Received - Gift Aid - - - - Rent received 7,024 - 7,024 13,272 7,024 - 7,024 13,272 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 3. Grants Paid (Institutional and Non- institutional) £ £ £ £ RCCG - World Evangelical Mission 35,468 - 35,468 23,102 RCCG - Central Office Fund 600 - 600 600 RCCG Regional/Province/Area Contribution 300 - 300 1,450 Festival of Life 240 - 240 280 Evangelical Support 7,645 - 7,645 6,831 Relief fund 2,190 2,190 - OHCC dues 490 - 490 420 46,933 - 46,933 32,683 2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds 4. Cost of Activities for Charitable Objectives £ £ £ £ Mortgage payment 21,945 - 21,945 20,637 Loan interest payment - - - 41,960 Building Expenses 32,167 - 32,16715,266 54,112 - 54,112 77,863




			46,933 - 46,933 32,683
			2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds £ £ £ £ 21,945 - 21,945 20,637 - - - 41,960 32,167 - 32,16715,266 54,112 - 54,112 77,863

5. Support Costs Fuel Books/Postage/Stationeries Salary Road Tax Hospitality/Welfare Vehicle Insurance Travel Accommodation Building Insurance Vehicle Repairs Bank Charges Electricity, Water & Heating Sundry expenses Printing ICT expenses Depreciation 6. Management and Governance Cost Retreat/Training Honourarium	2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds £ £ £ £ 1,850 - 1,850 1,740 2,931 - 2,931 1,461 9,038 - 9,038 - 150 - 150 266 8,727 - 8,727 4,195 3,183 - 3,183 910 889 - 889 - 202 202 - 1,437 - 1,437 3,308 1,430 - 1,430 2,286 210 - 210 174 9,130 - 9,130 10,560 558 - 558 - 266 - 266 - 900 - 900 2,320 12,216 - 12,216 11,696
	53,118 - 53,118 38,916
	2024 2023 Unrestricted Funds Restricted Funds Total Funds Total Funds £ £ £ £ 3,448 - 3,448 2,540 2,040 -2,040 900
	5,488 - 5,488 3,440

7. Non-current Assets: Tangible Assets

Assets
	Motor	Fixtures &		Land &
	Vehicle	Fittings	Equipment	Building	Total
Cost	£	£	£	£	£
As at 12 October 2023	14,950	16,319	48,397	302,274	381,940
Additions	-	1,497	7,574	-	9,071
At 11 October 2024	14,950	17,816	55,971	302,274	391,011
Depreciation
As at 12 October 2023	9,392	12,990	29,945	39,862	92,189
Charge for the year	556	1,206	5,205	5,248	12,216
At 11 October 2024	9,948	14,196	35,150	45,110	104,405
Net Book Value
At 11 October 2024	5,002	3,619	20,821	257,164	286,607
		2024	2023
		£	£
8. Creditors: Amount Falling Due Within One Year		53,768	34,150
		2024	2023
9. Creditors: Amount Falling Due Over One Year		£	£
Mortgage Loan		178,152	201,405

10. Movements in funds

10. Movements in funds
Unrestricted Funds General Funds Restricted Funds Restricted Total Funds	At 12/10/2023 net movement in funds At 11/10/2024 £ £ £ 76,882 25,446 102,328 - - -
	76,882 25,446 102,328

11. Trustees’ Remuneration and Benefits

There were no trustees’ remuneration or other benefits for the year ended 11[th] October 2024.

2024-10-11-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) SOLUTION ASSEMBLY NEWCASTLE