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2025-12-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD HIS FULLNESS

Charity reg. no.1142181

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

THE REDEEMED CHRISTIAN CHURCH OF GOD -HIS FULLNESS

CONTENTS

Admin details 1
Trustees' report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 11
Detailed statement 12 - 13

THE REDEEMED CHRISTIAN CHURCH OF GOD - HIS FULLNESS

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025

General Overseer

Pastor E. A. Adeboye

Parish Pastor

PASTOR ONIYIDE OLUDAYOMI

Trustees

ELIZABETH OPEYEMI POPOOLA OLUSOLA BANKOLE OGUNNIYI JOHNATHAN POPOOLA

Charity registration Number

1142181

Principal Office

14 WILLS AVENUE WEST BROMWICH B71 2QS

Independent Examiner

Tunji Ogedengbe 36 Daffodil close Harfield AL10 9FF

Page 1

THE REDEEMED CHRISTIAN CHURCH OF GOD - HIS FULLNESS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Notes
INCOMING RESOURCES FROM GENERATED FUNDS
Voluntary Income
2
Other income
Gift aid
2.1
Total incoming resources
RESOURCES EXPENDED
Cost of generating voluntary income
Charitable activities
Governance costs
Total resources expended
4
Net (Outgoing)/Income resources for year
Fund balances at 1 January 2024
Fund balances at 31 December 2025
2025
2024
Total
Total
Funds
Funds
£
£
171,191
182,060
38,897
40,791
210,088
222,851
153,696
158,619
898
740
154,594
159,359
55,495
63,492
95,249
31,757
150,744
95,249

Page 2

THE REDEEMED CHRISTIAN CHURCH OF GOD - HIS FULLNESS Balance Sheet

At 31 December 2025

Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors: amounts falling due after more than one year
9
Cash at bank and in hand
CREDITORS
amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after one year
11
NET ASSETS
INCOME FUNDS
Unrestricted funds
TOTAL FUNDS
£
£
-
2,230
148,764
150,994
250
-
150,744
150,744
-
150,744
150,744
150,744
2025
£
£
-
2,230
148,764
150,994
250
-
150,744
150,744
-
150,744
150,744
150,744
2025
£
£
-
841
94,658
95,499
250
-
95,249
95,249
-
95,249
95,249
95,249
2024
£
£
-
841
94,658
95,499
250
-
95,249
95,249
-
95,249
95,249
95,249
2024
150,994
250
-
95,499
250
-
150,744 95,249
- -
150,744 95,249
150,744 95,249
150,744 95,249

Page 3

THE REDEEMED CHRISTIAN CHURCH OF GOD -HIS FULLNESS

Notes to the Financial Statements For the year ended 31 December 2025

1 ACCOUNTING POLICIES

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention.

The charity has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small charity.

The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Charities Act 2011.

1.2 Incoming resources

Income is mainly from voluntary donations received from members and it is recognised when received by the charity.

1.3 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to

write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 20% straight line Motor vehicles 20% straight line

2
DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES
Tithes & Offerings
Building funds
Donation - Streamline
Gift Aid
.1 Other Income
Other Income
4
GRANTS PAYABLE - INDIVIDUAL
Individual welfare
Unrestricted Restricted
Funds
Funds
2025
2025
2025
2024
£
£
£
£
154,077
-
154,077
165,421
7,708
-
7,708
5,335
8,196
-
8,196
2,831
38,897
-
38,897
40,791
208,878
-
208,878
214,378
1,210
-
1,210
-
1,210
-
1,210
-
Unrestricted Restricted Total
Total
Funds
Funds
Funds
Funds
2025
2025
2025
2024
£
£
£
£
-
-
-
-

2.1 Other Income

Page 4

THE REDEEMED CHRISTIAN CHURCH OF GOD -HIS FULLNESS

Notes to the Financial Statements - continued For the year ended 31 December 2025

2025 2024
**3 ** OTHER INCOME £ £
Contribution towards rent - -
Bank Interest receivable - -
- -
**4 ** TOTAL RESOURCES EXPENDED £ £
Charitable activities
Governance costs
- -
**5 ** TRUSTEES
None of the trustees (or any persons connected with them) received any remuneration or benefits
from the charity during the year.
**6 ** EMPLOYEES
Employee cost £ £
Wages and Salaries 22,750 25,000
**7 ** TRANSFERS
Not Applicable N/A N/A

Page 5

THE REDEEMED CHRISTIAN CHURCH OF GOD -HIS FULLNESS

Notes to the Financial Statements - continued For the year ended 31 December 2025

8 TANGIBLE FIXED ASSETS

COST
At 01 January 2024
Additions
Disposals
At 31 December 2024
DEPRECIATION
At 01 January 2024
Charge for year
At 31 December 2024
NET BOOK VALUE
At 31 December 2023
At 31 December 2024
9 DEBTORS
Other debtors
0 CREDITORS: AMOUNT FALLING DUE WITHIN ONE YEAR
Independent examination accrual
Building
Furniture &
Fittings &
equipments
£
18,844
4,354
Electrical
Installation
Total
Expenditure
£
£
4,250
27,448
18,844
4,354
18,844
4,354
4,250
27,448
4,250
27,448
-
18,844
4,354
9,422
2,177
4,250
27,448
2,125
13,723
-
-
-
-
2025
2024
£
£
2,230
2025
2024
£
£
250
250

10 CREDITORS: AMOUNT FALLING DUE WITHIN ONE YEAR

6

THE REDEEMED CHRISTIAN CHURCH OF GOD -HIS FULLNESS

Notes to the Financial Statements - continued For the year ended 31 December 2025

CREDITORS: AMOUNT FALLING DUE AFTER ONE YEAR 2025 2024 £ £ Mortgage outstanding Loan 1 Loan 2 - The loan was advanced to the Church towards securing its permanent site. It is currently unsecured and interest free. RELATED PARTY TRANSACTIONS During the year, the church paid instutional grants to other RCCG organisations such as the World Evangelism Mission. STAFF COST AND NUMBERS 2025 2024 Staff costs were as follows £ £ Wages and salaries Social security costs Year ended Year ended The average number of employee during the year was as follows 2025 2024 No. No. Pastoral 2 2 Charity administrations 2 2 4 4 Employees received remuneration in the year. NET INCOMING RESOURCES/(RESOURCES EXPENDED) Year ended Year ended This stated after charging 2025 2024 £ £ Depreciation of tangible assets owned by the charity Independent examiners's fees CASH BALANCE 2025 2024 Opening balance 94,658 24,306 Income Received 210,088 222,851 Expenses - 154,594 - 159,359 150,152 87,798

11 CREDITORS: AMOUNT FALLING DUE AFTER ONE YEAR

12 RELATED PARTY TRANSACTIONS

13 STAFF COST AND NUMBERS

14 NET INCOMING RESOURCES/(RESOURCES EXPENDED)

15 CASH BALANCE

Page 7

THE REDEEMED CHRISTIAN CHURCH OF GOD -HIS FULLNESS

Detailed Statement of Financial Activities For the year ended 31 December 2025

INCOMING RESOURCES
Tithes & Offerings
Building Fund
Thanksgiving
Other Income
Gift Aid
Various Contributions
Unallocated
Interest on savings
Charitable Activities
Evangelism
Honorarium
Children & Teenage department
Training & Conference
Premises Cost & Rent
Musical Equipment and Electrical
Licensing and Insurance
Minister's Expense
Pastor salary
Printing, Postage and stationary
Telephone
Publicity
Travel Expenses
HMRC
Electricity, Gas & Fuel
Vehicle Expenses
Other
Volunteers Expenses
Stationery & Printing
Thanksgiving
Building related expenses
Hospitality
Accounting and admin
Outreach
Cleaning
Men/ Women's Expense
Expenditure c/f
2025
£
154,077
7,708
2,460
1,210
38,897
5,123
419
194
452
1,403
1,191
1,110
24,600
1,568
1,336
2,200
22,750
441
847
1,219
1,474
8,162
5,619
3,516
1,510
1,575
-
1,921
2,190
788
7,000
2,044
136
999
2024
£
165,421
5,335
2,831
-
40,791
-
8,297
176
210,088
1,015
-
3,393
2,785
25,400
1,294
2,205
2,120
25,000
-
847
-
1,794
7,850
3,265
905
1,187
-
447
1,885
2,784
1,502
6,000
-
185
500
96,050
92,363
96,050
222,851
92,363
96,050
92,363

Page 8

THE REDEEMED CHRISTIAN CHURCH OF GOD -HIS FULLNESS

Detailed Statement of Financial Activities For the year ended 31 December 2025

Brought forward
Donations
WEM
COF
Welfare
Conference Expense
Depreciation
Region contribution
Social Action
Total Charitable activitities
GOVERNANCE COSTS
Independent Examination
Professional fees
Legal Fees
Total resources expended
Net income
2025
2024
£
£
96,050
92,363
5,132
3,500
38,787
42,513
600
855
7,235
7,736
4,588
2,993
-
6,859
750
1,800
553
-
153,696
158,619
250
250
312
490
336
-
898
740
154,594
159,359
55,495
63,492

Page 9