## **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** - **4 GRANTS PAYABLE - INDIVIDUAL** Individual welfare 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