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2025-03-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

Charity reg. no 1142019

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2025 

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

CONTENTS

Reference and administrative details of the charity 3
Trustees’ report 4 - 7
Independent examiner’s report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 -14 
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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 MARCH 2025

Trustees Pastor Ademola Bamgbola Mr Rotimi Henry Ayobamidele Mr Olasupo Olatunbosun Mrs. Tolulope Alonge Charity registration Number 1142019 Principal Office 53 Friend Avenue Aldershot Hampshire GU12 4QY Pastor in charge Pastor Stephen Akujuaobi Independent Examiner Akintayo Ojo FCCA Chartered Certified Accountants Resource Management Consultants Ltd 46 Hollywood Way Erith DA8 2QE Bankers Metro Bank 35 – 39 North Street Guildford GU1 4TE 

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

TRUSTEES’ REPORT

FOR PERIOD ENDED 31 MARCH 2025

The trustees submit their annual report and the financial statements of The Redeemed Christian Church of God – Winners Place (the charity) for the year ended 31 March 2025. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.

STATUS

The charity was constituted under a trust deed dated 31[st ] October 2010 and is registered in England and Wales as “The Redeemed Christian Church of God Winners Place with charity number 1142019 on 20[th ] May 2011.

APPOINTMENT OR ELECTION OF TRUSTEES

Trustees are appointed and or co-opted under the terms of the trust deed.

POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEE’S The induction process for a newly appointed trustee comprises an initial meeting with the Chair and other trustees, followed by short meetings with the Parish pastor on the powers and responsibilities of the trustees.

ORGANISATIONAL STRUCTURE AND DECISION MAKING

The charity is organised so that the trustees meet regularly to manage its affairs. The Parish pastor manages the day-to-day administration of the church.

RELATED PARTY RELATIONSHIPS

RCCG Winners Place is a parish of The Redeemed Christian Church of God which has parishes all over the world. The parish’s relationship with other parishes is governed by an ‘Agreement for Common Purposes’.

RISK MANAGEMENT

The trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity and are satisfied the systems are in place to mitigate our exposures to the major risks.

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 objectives, the church adopted the following strategies: 

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

TRUSTEES’ REPORT (Continued) FOR PERIOD ENDED 31 MARCH 2025

The activities for achieving its objectives include:

PUBLIC BENEFITS

The church’s Sunday and midweek services are open to the general public to build on their Christian faith. In addition to the church activities, the charity was involved in the following public benefit efforts:

Easter outreach - The church worked in partnership with other local organisations and chaplains within the local University to serve hot drinks and snacks to the public during the Easter celebrations. Gift packages containing food items were also prepared and handed out to students within the community which was well received.

Christmas Outreach – During the Christmas celebrations, the church identified less privileged and vulnerable members of the community and donated Christmas relief packages containing selected vouchers for food, groceries and household items. This was sent with special Christmas messages to all recipients to extend the joy of the season to them.

Freshers’ fayre – The church participated in the University of Surrey Annual Fresher’s fayre to welcome the new students to Guildford and its environs. Gifts and information packs were given out as well and the church featured an information stand to provide local information to the new students. This was particularly well received by many international students that were new to Guildford.

Built to last event – This event featured marriage and relationships workshop and seminar open to the public. Seasoned marriage and relationship experts were invited to facilitate the workshops and meeting. Lunch was provided for all attendees. This event was organised with free admission.

Chaplaincy service – the church supports a volunteer chaplaincy service to the university under the religious life and belief centre. Through this service, students are supported with pastoral care, counselling, and welfare packages where required. This service is particularly useful to many international students who have had to deal with the culture shock of new environment and different educational system. 

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

TRUSTEES' REPORT (Continued) FOR PERIOD ENDED 31 MARCH 2025

Community lunch and Barbecue: The church also organised a community lunch and barbecue for the local community featuring games, interactions, and a variety of food. This provided a unique opportunity to bring the community together including international students who were part of the event.

Our efforts are geared towards supporting the programmes of our local council, promoting cohesion in our community, and positively impacting the lives of the young people and the elderly.

GRANT MAKING POLICY

The church supports visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other RCCG Programmes. The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who are in need.

VOLUNTEERS

The church is grateful for the unstinting efforts of its volunteers who are involved in providing services for the charity. It is estimated that over 5500 hours are provided by volunteers during the year. If this is conservatively valued at £10.50 per hour, the volunteer’s effort will amount to over £57,750.

REVIEW OF ACTIVITIES

The church continues to enjoy tremendous growth in its physical and spiritual life during the year, and in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust deed.

INVESTMENT POLICY

The trustees have decided that at present, funds should be retained in banks and building societies, and as far as possible in interest bearing accounts.

RESERVES POLICY

The trustees’ policy is to have unrestricted and uncommitted funds (free reserves) of £12,000 - £20,000 to cover 2 to 4 months of resources expended. They feel that this would enable the current activities to continue if there is a significant drop in funding. It would obviously be necessary to then consider how the funding would be replaced or activities changed. The present free reserve is above the policy range, but the trustees are continuing to seek additional unrestricted funds.

PRINCIPAL FUNDING

Funding has been provided mainly through tithes and offerings by church members and through gift aid. Pledges are also taken for specific projects. During the year donations were made towards the church building fund. The donations were treated as restricted fund and had been spent towards the project for which it was donated.

FUTURE DEVELOPMENT

The charity continues to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in society. 

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

TRUSTEES' REPORT (Continued) FOR PERIOD ENDED 31 MARCH 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for preparing the annual report and financial statements in accordance with applicable laws and regulations.

Charity law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees recognise their responsibilities to keep proper accounting records that 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 Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.

Approved by the trustees on December 2025 and signed on their behalf by:

Mr. Ademola Bamgbola Mr. Rotimi Ayobamidele Trustee Trustee 

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

INDEPENDENT EXAMINER’S REPORT FOR PERIOD ENDED 31 MARCH 2025

TO THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

I report on the accounts of the charity for the year ended 31 March 2025 which is set out on pages 9 to 13.

RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE 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 142(2) of the Charities Act 2011 and that an independent examination is needed.

It is my responsibility to:

BASIS OF EXAMINER’S STATEMENT

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 includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all 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 statements below.

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 trustees have not met the requirements to ensure that:

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

Akintayo Ojo FCCA

46 Hollywood Way Erith Kent DA8 2QE

Date: December 2025 

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THE REDEEMED CHRISTIAN CHURCH OF GOD

WINNERS PLACE

STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 MARCH 2025


Notes
INCOMING RESOURCES
Gifts, donations & incoming resources
2
Investment income
3
Total incoming resources
RESOURCES EXPENDED
Charitable expenditure
Grants payable - individual
4
Grants payable - institutional
5
Costs of activities in furtherance of
charities objects
6
Management and governance costs
7
Total resources expended
Net (outgoing)/incoming resources for year
Gains /Loses on sales of Assets
Total funds at the start of the year
BALANCE AT END OF YEAR		 Unrestricted
Funds
2025
£
109,829
725		 Restricted
Funds
2025
£
900
-		 Total
Total
Funds
Funds
2025
2024
£
£
110,729
118,569
725
657
111,454
119,226
569
2,263
11,570
16,869
67,169
62,631
1,200
3,902
80,508
85,665
30,946
33,561
224
-
-
223,151
189,590
253,873
223,151
110,554 900
569
11,570
67,169
1,200		 -
-
-
-
80,508 -
30,046
224
-
206,245		 900
-
16,906
236,067 17,806

Movements in reserves and all recognised and losses are shown above

The charity's incoming resources and resources expended all relate to continuing activites.

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THE REDEEMED CHRISTIAN CHURCH OF GOD

WINNERS PLACE

BALANCE SHEET AS AT YEAR ENDED 31 MARCH 2025

Notes
FIXED ASSETS
Tangible Fixed assets
8
CURRENT ASSETS
Cash and bank balances
9
LIABILITIES
Creditors
10
Amount falling due within 12 months
NET ASSETS
CHARITY FUNDS
General - unrestricted
1d
General - restricted
1e
TOTAL FUNDS		 2025
2024
£
£
19,624
24,186
235,449
200,165
235,449
200,165
1,200
1,200
1,200
1,200
253,873
223,151
236,067
206,245
17,806
16,906
253,873
223,151

The accounts have been prepared in accordance with the special provision of Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued March 2005 as modified for smaller charities

Approved by the Trustees on December 2025 and signed on their behalf by:

Mr Ademola Bamgbola Trustee

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THE REDEEMED CHRISTIAN CHURCH OF GOD

NOTES TO THE ACCOUNTS 31 MARCH 2025

WINNERS PLACE

1. ACCOUNTING POLICIES

standards. They follow best practice as set out in the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued March 2005 as modified for smaller charities.

the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Musical equipments - 25% reducing balance Furnitures and fittings - 25% reducing balance Computer equipments - 25% reducing balance Motor Vehicles - 25% reducing balance

(d) Unrestricted funds are incoming resources received for the objects of the charity without further specified purpose and are available as general funds.


2. DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES
Collection and other donations
Planned giving
Collection at all services
Building Collection
Gift Aid
3. INVESTMENT INCOME
Interest received
GRANTS PAYABLE

4. Grants payable - individual
Individual welfare		 Unrestricted
Funds
2025
£
59,646
17,856
-
32,327		 Restricted
Funds
2025
£
-
-
900
-
900
£
-
-
Restricted
Funds
2025
£
-		 Total
Total
Funds
Funds
2025
2024
£
£
59,646
75,112
17,856
15,274
900
150
32,327
28,033
110,729
118,569
£
£
725
657
725
657
Total
Total
Funds
Funds
2025
2024
£
£
569
2,263
109,829
£
725
725
Unrestricted
Funds
2025
£
569

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

NOTES TO THE ACCOUNTS 31 MARCH 2025

GRANTS PAYABLE
Unrestricted
Funds
5. Grants payable - institutional
2025
£
Charitable giving - UK
11,570
Charitable giving - Overseas
-
Total
11,570
List of institutional grants payable - UK
£
RCCG WEM
World Evangelism
5,961
RCCG Central Office
Central Office Support
600
Festival of Life
Mission support
360
RCCG Churches
Mission support
1,649
RCCG Camp Ground
Mission support
-
Others
Mission support
3,000
Total grant payable - institutional
11,570
6. COST OF ACTIVITIES IN FURTHERANCE OF CHARITY'S OBJECTS
Visiting speakers expenses
2,752
Pastors allowance & expenses
6,000
Travel and subsistence
4,153
Hall hire, rent & rates
11,994
Mission & evangelism
269
Outreach support
5,194
Welfare and hospitality
9,670
Telephone
1,420
Printing, postage, stationery & consumables
2,813
Motor running expenses
2,817
Worship cost & church occasion
8,270
Training
1,915
Insurance
2,769
Depreciation
6,048
Publicity
264
Sundry expenses
731
Bank charges
90
67,169
7. MANAGEMENT AND GOVERNANCE COSTS
Unrestricted
Funds
2025
£
Professional fees - Other
-
Examiner's fees - accountancy
1,200
1,200		 Restricted
Funds
2025
£
-
-
-
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
Funds
2025
£
-
-
-		 Total
Funds
2025
£
11,570
-
11,570
£
5,961
600
360
1,649
-
3,000
11,570
2,752
6,000
4,153
11,994
269
5,194
9,670
1,420
2,813
2,817
8,270
1,915
2,769
6,048
264
731
90
67,169
Total
Funds
2025
£
-
1,200
1,200		 Total
Funds
2024
£
16,619
250
16,869
£
9,409
600
360
1,100
5,000
150
16,619
2,983
7,843
2,738
3,648
252
8,262
5,792
2,375
3,383
3,422
14,309
1,365
2,284
3,006
490
394
85
62,631
Total
Funds
2024
£
2,702
1,200
3,902

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

NOTES TO THE ACCOUNTS 31 MARCH 2025

8. TANGIBLE FIXED ASSETS

Cost
At 1 April 2024
Additions
Disposal
At 31 March 2025
Depreciation
Accumulated Dep
Charge for the year
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Motor
Vehicles
£
11,750
-
-
11,750
8,788
741
-
9,529
2,221
2,962		 Musical
Computers
Furniture &
equipments & projectors
fittings
£
£
£
18,231
11,437
4,070
844
1,597
-
-
2,262
-
-
19,075
10,772
4,070
4,480
5,599
2,436
3,438
1,460
409
-
1,308
-
-
7,918
5,751
2,845
11,157
5,021
1,225
13,751
5,839
1,634		 Total
31-Mar
2025
£
45,488
2,441
2,262
-
45,667
21,303
6,048
1,308
-
26,043
19,624
24,186		 Total
31-Mar
2024
£
30,319
15,169
-
45,488
18,296
3,006
-
21,302
24,186
24,186
9. CASH BALANCES
Cash and bank
10. CREDITORS
Professional fee - accountancy		 Year ended
31-Mar
2025
£
235,449
235,449
Year ended
31-Mar
2025
1,200
1,200		 Year ended
31-Mar
2024
£
200,165
200,165
Year ended
31-Mar
2024
1,200
1,200

11. RELATED PARTY TRANSACTIONS

During the year, the church paid institutional grants to other RCCG organisations such as the World Evangelism Mission as stated in note 7.

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THE REDEEMED CHRISTIAN CHURCH OF GOD WINNERS PLACE

NOTES TO THE ACCOUNTS 31 MARCH 2025

13. STAFF COST AND NUMBERS
Year ended
Staff costs were as follows
31-Mar
2025
£
Wages - Pastor's allowance
7,843
Year ended
The average number of employee during the year was as follows
31-Mar
2025
No.
Pastoral
1
No employee received remuneration amounting to more than £50,000 in the year.		 Year ended
31-Mar
2024
£
7,843
Year ended
31-Mar
2024
No.
1
14. NET INCOMING RESOURCES/(RESOURCES EXPENDED)
Year ended Year ended
This is stated after charging 31-Mar 31-Mar
2025 2024
£ £
Depreciation of tangible assets owned by the charity 2,769 2,284
Accountant's fees 1,200 1,200

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