2024-12-31-accounts - Redeemed Christian Church Of God: House On The Rock

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Charity No 1141896

REDEEMED CHRISTIAN CHURCH OF GOD House on The Rock Chapel

Financial Statement For The Year Ended

1st Jan 2024 to 31st Dec 2024

Prepared by DTT Consultancy Ltd

TRUSTEES REPORT FOR THE YEAR ENDED 31st DECEMBER 2024

The trustees of RCCG - House on The Rock present their report and financial statements for the period 1 Jan 2024 to 31 Dec 2024, which have been prepared in accordance with statement of recommended practice, ‘’Accounting and Reporting by Charities’’, issued in October 2000 and revised SORP2005

Structure, Governing & Management

The Governing document of the charity is the Trust Deed dated 30th Apr 2011 and the Agreement for Common Purpose between the Redeemed Christian Church of God and RCCG House on The Rock

Names of Trustees

Pastor Clement Ikuyinminu Emilola Omowunmi Shyllon Mrs Fadekemi Fayoyin All Trustees are appointed by resolution of existing Trustee Body.

Organisation Structure

The Board of Trustees is headed by a Chairman, the Secretary to the Trust, a Trustee member and Financial Administrator. The Trustees are responsible for making all decisions regarding allocation of funds and activities.

Objects of the charity

The objects of the charity are: the advancement of the Christian faith worldwide and relief of poverty in accordance with doctrines set out in the statement of faith contained in the governing document.

Achievements and Performance

The above objectives were achieved in this financial year through provision of charitable support in accordance with its objects. This was achieved by making a total donations RCCG Head Quarters for the World wide Evangelical mission and Festival Of Life. Donations made to was donated to other RCCG parishes.

In furtherance of the objectives the charity invested in its members who have shown commitments, assisted in different capacities in achieving the church’s goal of soul winning and advancing the message of the gospel. This strategies used include outreach activities conducted by inviting the people in the localities to take part in the conference.

Specific Investments Powers

The trustees are empowered to used the income and may use the capital of the trust in promoting the objects in accordance with Charities Act 1993. They can also let and dispose of property of any kind. All investments are in the name of the charity.

Reserve Policy

Funds that are not required for immediate use be places in accordance with the clause 3:14 of Trust Deed and minimum of £1,000 is to serve as the charity ‘s reserve. The remaining funds at 31 Dec 2020 will be retained to finance the charitable objects and to meet the ongoing expenses.

Grant-making policies

Grants are made to other charities, emergency homeless, emergency relief aid and Gifts to members of the charity

TRUSTEES REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 (contd)

Review of Transactions and Financial Position

During the period income of £28,495 (2023: £17,959) was received as donations in the year.

The net movement in the funds for the period, as shown in the statement of financial activities, for the unrestricted funds was a surplus of £8,083 (2023 deficit of £4,325). There was no restricted fund in the year. All the long term debts were written off.

The value of church‘s net assets as at 31 Dec 2024 was £22,686 (2023: £14,603).

Plans for future developments

In the coming year the charity will provide charitable support in accordance with its objects, concentrating on developing plans to contribute more to the alleviation of poverty domestically and internationally.

Statement of Trustees responsibilities

Law applicable to charities in England & Wales requires the trustees to prepare financial statement for each financial year that give a true and fair view of the RCCG HOUSE ON THE ROCK's incoming resources, application of resources during the year and its state of affairs at the end of the year. In preparing those financial statements we are required to ;

. Select suitable accounting policies and then apply them consistently; . make judgements and estimates that are reasonable and prudent;

. State weather applicable accounting standards and statements of recommended practice have been followed, subject to any material departure disclosed and explained in the financial statements . Prepare the financial statements on the going concern basis unless it is inappropriate to presume that RCCG HOUSE ON THE ROCK PARISH will continue in operation

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of RCCG HOUSE ON THE ROCK PARISH, which enable them to ensure that the financial statements comply with Charities Act 1993.

They also responsible for safe guarding the assets of the RCCG HOUSE ON THE ROCK PARISH and hence taking reasonable steps for the prevention and detection of fraud and breaches of law an regulation.

Internal control and the mitigation of major risks

The Trustees have identified and reviewed the major risks of the charity and have establish internal controls to mitigate these risk

Independenent Examiner

The independent examiners is DTT Consultancy Limited.

This report was approved by the Trustees on 18th September 2025 and signed on their behalf, by:

…………………………………………………..

Pastor Clement Ikuyinminu

Independent Examiner's Report to the Trustees of

Redeemed Christian Church of God House on The Rock Chapel

I report on the accounts for the year ended 31st December 2024.

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 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is required. The charity's gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of FCCA. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under Section 43 of the 1993 Act
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 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 pr with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seekin explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all th evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts pre 'true and fair view ' and the report is limited to those matters set out in the statements below. Independent examiner's statement

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

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or

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

Tunji Ogedengbe

DTT Consultancy Limited 36 Daffodil Close Hatfield Hertfordshire AL10 9FF

Date: 18th September 2025

RCCG	RCCG House on The Rock Chapel	RCCG House on The Rock Chapel	RCCG House on The Rock Chapel	RCCG House on The Rock Chapel	RCCG House on The Rock Chapel	1141896
	Annual accounts for theperiod
	Period start date	1st Jan 2024	To	Period end date	31st Dec 2024

Section A	Statement of financial activities
Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income S01 Activities for generating funds S02 Investment income S03 Incoming resources from charitable activities S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs S11 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 *Total funds carried forward* Total funds brought forward *Net movement in funds* *Net incoming/(outgoing) resources before* *transfers* Prior year adjustment Gains and losses on revaluation of fixed assets for the charity’s own use Other recognised gains/(losses) *Net incoming/(outgoing) resources before other* *recognised gains/(losses)* Gross transfers between funds *Total resources expended* *Total incoming resources*		Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04				Total last year £ F05

		28,495			28,495	17,959
		-
		-
		-

		28,495	-	-	28,495	17,959


		15,439			15,439	15,540
		-
		-
		4,973			4,973	6,745
		-			-	-

		20,412	-	-	20,412	22,284
		8,083	-	-	8,083	4,325 -
		-	-	-	-	-
		8,083	-	-	8,083	4,325 -

		-	-	-	-	-
			-	-	-	-
		8,083	-	-	8,083	4,325 -
		14,603	-	-	14,603	18,927
		22,686	-	-	22,686	14,603

Page 1

Section B Balance sheet as at 31st December 2024

Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
	-	-	-	-
	-	-	-	-
23,036	-	-	23,036	14,953
23,036	-	-	23,036	14,953

350	-	-	350	350

22,686	-	-	22,686	14,603

22,686	-	-	22,686	14,603

	-	-	-	-
-	-	-	-	-

22,686	-	-	22,686	14,603

22,686			22,686	14,603
			-	-
	-		-	-
		-	-	-

22,686	-	-	22,686	14,603

Date of approval Print Name Signature
		Pastor Clement Ikuyinminu		18-Sep-25

Page 2

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with* Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act 1993.

[** except for the following].

Give details in this box if a different standard has been followed.

-Tick as appropriate:
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial
Reporting Standards for Smaller Enterprises (FRSSE)”.
** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year

1.3 Changes to previous accounts

No changes have been made to accounts for previous years

Page 3

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when: resources · the charity becomes entitled to the resources; · the trustees are virtually certain they will receive the resources; and · the monetary value can be measured with sufficient reliability. Incoming resources with related Where incoming resources have related expenditure (as with fundraising or contract income) the expenditure incoming resources and related expenditure are reported gross in the SoFA. Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Tax reclaims on donations and Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they gifts relate. Contractual income and This is only included in the SoFA once the related goods or services have been delivered. performance related grants Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount Gifts in kind actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable. Donated services and facilities These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material . The value placed on these resources is the estimated value to the charity of the service or facility received. The value of any voluntary help received is not included in the accounts but is described in the trustees’ Volunteer help annual report. Investment income This is included in the accounts when receivable. Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of service or conditions output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without These are only recognised in the accounts when a commitment has been made and there are no performance conditions conditions to be met relating to the grant which remain in the control of the charity. Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. ASSETS Tangible fixed assets for use by These are capitalised if they can be used for more than one year, and cost at least £500. They are valued charity at cost or a reasonable value on receipt. Investments Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. Stocks and work in progress These are valued at the lower of cost or market value.

Page 4

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

This year Last year £ £ Analysis	This year Last year £ £ Analysis	This year Last year £ £ Analysis
Tithes	28,495	17,959
Offering
Thanksgiving
Other
Total	28,495	17,959

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

	-	-
	-	-
	-	-
	-	-
	-	-
Total	-	-

Page 5

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Analysis	This year Last year £ £	This year Last year £ £
Rent	6,570	5,821
Thanksgiving	332	-
Travel expenses	585	-
Office Expenses inc telephone and fax	256	473
Honorarium	200	150
Printing	-	42
Equipment	742	-
Professional fees	4,715	6,355
Training	196	298
Children	239	81
Multimedia	192	530
Insurance	330	271
Bank charges	72	69
Outreach	488	1,400
Dues(Province,zonal & Area)	200	50
Choir	323	-
Total	15,439	15,540

	-	-
	-	-
	-	-
Total	-	-

Hospitality	210	511
World Evengelical Mission	1,875	4,245
COF	600	600
FOL	200	200
Conference	1,437	1,138
Welfare	400	-
Donation	250	49
Total	4,973	6,745

charityregistration
	-	-
	-	-
Total	-	-

Page 6

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

Support cost type	Fundraising activity £	Charitable Activity £	Governance Activity £	Total Cost £
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
Total	-	-	-	-

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid,

please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid

This year	Last year


£	£

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts	This year £	Last year £
	350	350

Page 7

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

9.1 Cost or valuation
Balance brought forward Additions Revaluations Disposals Transfers * Balance carried forward	PA systems and instruments £	Church van £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Payments on account and assets under construction £	Total £
	1,089	6,048	-	-	-	7,137
	-	-		-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	1,089	6,048	-	-	-	7,137

9.2 Accumulated depreciation and impairment provisions

SL or RB	SL or RB	SL or RB	SL or RB	SL or RB	SL or RB

1,089	6,048	-	-	-	7,137
		-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
1,089	6,048	-	-	-	7,137

-	-	-	-	-	-
-	-	-	-	-	-

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

Page 8

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
	-	-	-
-	-	-	-
	-	-	-
-	-	-	-
-	-	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

12.1 Analysis of creditors

12.1 Analysis of creditors
Loans Trade creditors Amounts due to subsidiary and associated undertakings Other creditors Accruals and deferred income Total	Amounts falling due within oneyear		Amounts falling due after more than oneyear
	This year £	Last year £	This year £	Last year £
		-	-	-
			-	-
	-	-	-	-
	350	350	-	-
	-	-	-	-
	350	350	-	-

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

Page 9