REGisfERED COMPANY NUMBER: 07614392 Registered Charity Number 1141910 Redeemed Chrlstaln Church Of God, Good News Haven Unaudited Financial Statements For The Year Ended 31st December, 2024 Redeemed Chrlstlan Church of God , Good News Haven ConteTht5 of The Financial Statements For The Year Ended 31 st December, 2024 Page Report of The Trustees Independent Examiner's Report Statement of Financial Actlvlties Balance Sheet Notes to the Flnanclal Statements Detalled Statement of Financial ActNltles io Redeerned Christian Church of God , Good News Haven Report Of The Trustees For The Year Ended 31 st December. 2024 PrSnclpal Reglstered Addrnss. 61 Kellner Road Thamesmead London SE28 OAX Trustees R A Bello Chairman Samuel Obigbe5an Joy Alkhena Ablmbola Talwo Bankers Independent Exarniner Adonai Associates Accountants SO King Alfred Avenue Catford London SE6 3HP Redeemed Christian Church of God , Good New5 Haven Report of the Trustees For The Year Ended 31 st December, 2024 The eharlty is contrdled by Its govemin8 document. a deed ol trurt. and ttgnrtltutes a Company. Ilmtted by guarantee. as deftned by the Compan￿5 Att 2006 on 26th April 2011 wlth a registered charity number 1141910 The thurch Is organised such that the day-tO•day running of tht church has been delegated to the Parish Pastor and the Charity Manager. The Tnjrtees are consulted on all materlal Iswe5 and determlne the strate8lc dlre¢tlon of the charity. Twrtees meet three tlmes in a year •nd as and when required to review the operatlons ol the tharfty. Recrultment and appolntmont of tTuslees The management of the churth is the responsibllty of the trurtees who are eleded and cwpted under the tems of the trust deed Pollcl•s adopted for the Indudlon 8T￿ trnlrfng of tntstees The Indurtlon pro£e55 for any newly appointed member of the try￿eeS comprEses an Inltial meetlng rith the thalrman ?nd other trustees. followed by a serfes of short meetlngs wlth the mlnlrter In tharge on the powers and responsibllitle5 of the trurtee5. New Trustees are glven anunderstandln8 of thetharlty's obledlvw •nd the requlrements of the Charity Commlsslon. Thry are also encouraged to attend approprlate external tralnln8 events where these wlll fadlitate the understanding of thelr role. Charity Commlsslon bulletin￿Updatssfjs also lorwarded to Trurtees as and when 15sued. Connected Charftles Good news Haven Is a mernber of the Redeemed Chrlrttan Church of God (RCCG). whlth has parlshes all over the world. The parf5h's relatlon5hip wlth RCCG and other parishes is governed by an "A8reement for Common Purposes.- The thurth SUPF4)rts Chrlrtian organlsations suth as World Evange115m M15$1on Jnd other mlsslonary organlsation suth as Fertlval of Life. GTh)d Women Fellowship etc. The church also provlde5 SUPPOrt to members of the congregatlon and community who are in need {at the discretlon of the trurtees) Rlsk M•n•gement The tnrrtees have a duty to Identlfy revSew the risks to whlth the tharity is exposed and to ensure approprlate control. The trurtee5 have asstssed the major risks to whith the tharity Is exposed. In partl£ular. those related to the operatlons and finances of the (hurth. and are sadsfled that 5yStem5 are In place to mitl8ate our exposure to the major rfsk5 and to provlde reasonable assurance agalnst fraud and error. OBJECTIVES AND AcnvmES The advancement of the Chrlsllan falth worldwide and affording the knowledge of God to our immediate community in partiojlar through evangelirtic WOTk and encouraging people to worship with us and seek etemal life salvation through ¢JJr Lord JesLES Chrirt The relief of povety and offertng practical help. advi￿ and assistan￿ to the h¢)meles& unemployed and the vulnerable in the soaety Provlding necessary Supp￿ to new converts to grow and develop in their new found faith through effective pastoral care Each year our trurtees wew our objectives and activities to ensure they continue to refled our aims. In carrwng OLtt this review. the trustees have considered the Charty Commission s general gLtidance on public benefit and in particular its supplementary pub]ic guidance on the advan￿ment of religion for the public benefit. Strategtes for athlevlng objedfves The charity has adopted the *ollowng rtrategies for athieving the aLN)ve obyect¢ves: Organising seminars and events to addre55 iwe5 of relevan￿ to the relief of poverty and provision of care and supwrt for the as appropriate: Planting of churthe5: arKI Support and working wlth other tharities with 5irnilar objectives to achleve 8reater results in enabling and empowering people through the word of God and in offering prattical help and assirtance to the needy Principal fundin8 The charity's prinapal Sour￿ of funding remains the same. This is prowded mainly through voluntary tithes and offerings by the thurch members. Contr1t￿lon5 and Pledges are also taken for SP￿lf1 projects. Actlvltles for athlvAng rtijectlves The church in pursuant of her oblecttves organised programme of events whlth were open to the hort community for Chrirtian worship seNices in addition to teaching sessions. The focus on the futu generation also saw the thurth operating a fully equipped sethon for Children under 12 years of age a5 well as a separate settion for teenagers. there is also the youth fellowship. The churth also undertook project5 to reach out to the community as a whole among whith are the annual Summer Sun splash. Marriage Conference. Multicultural day. Pratse Se55ions and the 9 hours non-stop praise. Volunteers The church ts grdteful for the efforts of its volunteers who are involved in service provision. office work and ad¥ninlstrètlon. It is estimated that over 5.215 volunteer hours were provided during the 2024 period. If thi5 is valued at £10.42 an hour the volunteer efforts would amount to over £54.340 Slgnlficant actlvltl•s The churth holds regular worshlp Serv1￿ whlth are opÈn to all mernbeTS of the community. At these programmes. member5 are tsught the principles of Chrlstlan care to all members of the community. In addition to thi& the churth also operates dasses for the children. Teenagers and youth where they are taught the tenets of the Chrlrtian faith. The thurth in integrating with the community also had projects aimed at children. the elderly as well as the general ¢ommunlty. The churth In the course of the year has resumed physScal wn8regaMonal meetln8s and communlty wide activities that are thannelled toward5 promotlng love and empowertng people to Ilve surtalnable Chrlstian life. However. activlties bel¢)w were held onslte and vla zoom platfomi as follow: . Weekly worship. prayer meetings and btble sbJdie5 (Surthy5. Wednesdays and Fridays) . Pastoral care provlslon for tFte c¢)ngre8atlon. local crynmun5ty and new converts to help them Ilve sustalnable Ilfe In thelr new-found faith. OThER CHURCH AcrNmES Hom8 Fellowship every 2nd Sunday of the month Evangelism every Saturday 9 Hours non-stop praise 20 July 2024 98m￿pM. Dlstribution of food to the homelèss 22 December 2024 Children Christmas paty 241h Dec*mber 2024 Fln•nd•l R•vl•w The trustees are responslble for preparfng the Report of the Trurtees and the flnanclal rtatemenls in accordance with applicable law and United Kingdom Accounting Standards Iunlted Iungdom Generally Accepted Accountlng Practlce). The law applicable to charlties In England and Wales. the Cha￿tIeS Act 2011. Charity (Accounts and Report51 Regulallons 2008 and the provlslons of the trurt deed requlres the trustee5 to prepare finand)I Statements for eath ftnanclal year whlch glve a true and falr VIÉW of the state of affèlrs of the th•rity and of the incoming res¢)urces and appli(atlon of resourcek Includlng the Income and expendlture, of the chartty for thèt perfod. In prepallng those financial statements, the tnjstees are requlred to Seled 5Ultable accountlng pdicies and then apply them conslrtently. Observe the methods and prfndples in the Charity SORP: Make Judgements and estimates that are reasonable and prudent. Prepare the financial rtatements on the going concem basls unless It Is Impproprlate to presume that the chartty wlll contlnue In business. The tntrtets are responslble for keeplng proper accountlng records. whkh dlsdose wlth reasonable atojracy at any tlme the finanaal PO￿tiOn of the tharity and to enable them to ensure that the finanaal statements comply with the Charltles Act 2011. the CharSty (Accounts and Reports) Regulatlons 2008 and the provision5 of the tnjrt deed. They are also responsible for Safeguarding the assets of the d)arity and hence for taking reasonable steps for the prevention and detedion of fraud and other irregularities. The trustee5 are re5pontible for the maintenance and integrity of the tharity and financial information Included on the tharlty's websSte. Le8islation in the United Kingdom governin8 the preparation and disseminatlon of finandal #atemerrts may dlffer from legislation In other jurlsdittions The law applicable to charitles In England and Wales. the Charities Art 2011. Charity (Accounts and Rekx>rts) Resulations 2008 and the provisions of the trurt deed requires the tnjrtees to prepare financlal rtatements for each financial year whlth glve a true and fair view ol the rtate of affairs of the charity and of the incoming resourtss and &P￿1(atIon of resourcek Includlng the Income and expendtture. of the charity for that period. In preparing those finanaal rtatements. the trustees aTr required tovigw of the state of affairs of the charlty and of the Incoming resources and application of resour￿$. Induding the income and expendEture. of the tharlty for that perf¢)J. In prepar5ng those flnandal rtatements. the trustees are required to Select suitable accounting polides and then apply them consistently. Observe the methods and prindples In the Charity SORP: Make judgements and ertimates that are reasonable and p￿dent. The trustees are responslble for keeplng proper accour￿ng records. whlth dlsdose wlth reasonable a¢aJrary al any Mme the flnanclal position of the th)rlty and to enable them to ensure that the flnanclal rtatements comply wlth the Charttles Ad 2011. the Charfty {Accounts and Reports) Regulation5 2008 and the provisions of the trust deed. They are also responslble for safe8uardlng the assets of the tharSty and hence for takin8 reasonable rteps for the preventÉon and dete¢tlon of fraud and other irre8ularltles. The trustees are responslble for the molntenance and integrity of the dmrlty and flnarKial information Included on the tharity's webslte. Leglslatlon In the Unlted Klngdom 8ovemln8 the preparation and dlssemlnatlon of flnandal statements may dlffer from leglslatlon In other lurtsdldlons ON BEHALF OF THE BOARD.. Signature Trustee Redeett￿ Chrlrtlan Churth of God . Good Nffivs Haven For The Y￿r Ended 31st D*cember. 2024 To the Trurtees of I report on the accounts f￿ the ￿ar ended 31st December. 2024 set on pages four to Seven. The charlty's trnstees are responsible for the preparation of the accounts. The charity's trustees consider that an audlt is not requlred for thls year (under Se¢tion 144(2) of the Charltles Act 2011 (the 2011 Act)) and that an Independent examlnatlon Is requlred. The tharity's gross Income does exceed £250.CK)O and l am quallfled to undertjke the examin•tlon ￿ being a quallfied member of ACCA and IFA It Is my responslbllity to: examlne the accounts Lbnder Sectlon 145 of the 2011 Act to follow the procedures lald down In the General Dlrections glven ty the Charlty Commlsslon (under Sert5on145(Sllbl of the 2011 Act).. and to state whether partlwlar matters have come to my attentk)n. My examlnatlon was carfed out In accordarKe wlth the &neral Dlrectlons 8lven by the Charlty Commlsslon. An examlnatlon Indudes a revlew of the accounting records kept by the tharlty and ¢omparlson of the accounts presented wjth those records. It also Includes con51derallon of any unusual Items or dlsclosures In the accounts, and seeklng exPlana￿on5 from you as trustees contemln8 any suth matters. The procedures undertaken do not provide all the evidence that would be requlred in an Judlt. and consequentty no oplnion Is glven as to whether the accounts present a 'true and falr ' and the report 1$ 1Smlted to those matters set out in the statement5 bel¢)W. In connettion with my examination. no matter has come to my attentlon.. 11 whlch 8ives me reasonabEe ¢ause to believe that. In any materlal respert. the requlrement5 to keep acwuntlng records In accordan￿ with Sertlon 130 of the 2011 Act: and to prepare accounts whlch accord wlth the accounting re￿rdS and to ￿mplY wlth the accountlng requlrements of the 2011 Act have not been met: or (21 to whlth. In my oplnion. attention should be drawn In order to enable a proper understandlng of the a¢¢ounts to be read)ed. Ablodun A Adeboyejo (FCCUFK AC& FAIA) Assodallon of Chartered Certlfied ACc￿ntants 50 Ktng Alfred Avenue Catforf London SE6 3HP Date.. Redeemed Chrfsllan Churth of God. CKiod News Ha￿n Ststerne￿ of Flnand•l Acllvllles For The Year Ended 31rt December. 2024 2024 Total Fund 2023 Unrertrfded Fu￿1 Income Resources Incomlng Rekwrces From Genernted Funds Voluntary Income Total Income Re￿￿r