REDEEMED CHRISTIAN CHURCH OF GOD
GLORIOUS HIGH THRONE PARISH
Trust¢¢% Re
ort For Th¢ Year Ended 31%t Deetmber 2023
The Trustees present their report together with the accounts for the year ended 31 st December
2023. The accounts have been prepared in accordance with the Statement of Reconllnended
Practice 2005 and other applicable laws.
Strueture Governance and Mana
ement
The charity is constituted under a Trust Deed with registered charity number 1142537.
a} Method of Appointment or Eleetion of Trustees
The management of the church is the responsibility of the Trustees who are elected and
coopted und¢r th¢ t¢m]s of the Trust D¢¢d.
b) Policies Adopted for the Induetion and Tr#ining of Trustees
The induction process for an), newly appointed member of the trustees comprises an
initial meeting with other Chair and other Trnstees, followed by a series of short meetings
with the Minister in Charge on the powers and responsibilities of the Trustees.
c) Organisational Structure and Decision Making
The Charity is organised so that the Trustees meet regularly to manage its affairs
There is an administratorla¢¢ount petBonnel that handle the daily atfairs of the Charity.
d) Risk Management
The Trustees have assessed the inajor risks to which the charity is exposed, in particular
those Telated to the operations and finances of the charity, and are satisfied that systems
are in place to mitigate our exposure to the major risks.
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Redeemed Christian Church of God
Glorious Higb Tbrone Parish
Obieetives #nd Activities
a) Policies and Objeetiveg
The objectives of the chureh are to advance the Christian religion for the public benefit in
accordance with the doctrines of our Lord Jesus Christ, through the holding of prayer
meetings, lectures, evangelism, distributing of literature and tracts, broadcasting and such
charitable means as the trustees consider appropriate; and the relief of poverty.
b) Strategies for Achieving Objectives
The Charity has adopted the following strategies for achieving the above objectives-
Organising seminars and ¢v¢nts with proven sp¢akers and ministers of the faith to guid¢
members in the various aspects of the Christian faith. and support for other charities and
Christian events.
c) Aetivities for Aehieving Objectives
Advancement of christian religion.
Community outreach events.
Provision of welfare support to niembers.
ProTr'ision of support to other ch(Irities.
Conferences and Events.
d) Grant making Policies
In line with the object of the charity, to relief poverty and the adTr'ancement of Christian
religion worldwide. The charity has a polic}, of supporting missionary organisalions such as
the Festival of Life: World Evangelism Mission and other charities and members of
the congregation who are in need, (this is at the discretion of the trustees).
e) Volunteers
The charity is grateful for the good efforts of its volunteers who are involved in service
provision. The charily has a volunteer ¢oordinator to ensure that best value is derived
from the sterling efforts of our volunteers.
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Redeemed Christian Church of God
Glorious Higb Tbrone Parish
Achievements and Performance
a) Review of Aetivities
The charity is consolidating the gains of previous development and has successfully
ministered to the needs of various social groups Wlthin and outside the church. The charity
provides forum t.or manpower development for its meinbers to be equipped, educationally,
socially and spiritually. It offers N'arious counsellingF sessions to the needy, unernployed, and
educational and makes referral whenever the need arises.
The charity provides counselling services to members of the comrnunity. We have also
embarked on various training programm¢s to ¢quip mor¢ ¢hur¢h volunteers with the r¢l¢vant
counselling skills that will help them serve the community better. We continue to support and
encourage young people by providing a Youth Church where teenagers meet on Sunday
afternoon under a caring, supportive and encouraging atmosphere.
The charity still continues to fulfil its main objectives, by creating facilities to help develop
the whole man, spiritually. mentally and physically. We have invested time, energy and
money into activities and programmes that has helped prevent youth crimes, depressions in
people, child abuse and such social vices that are eating deep into our society.
Financial R¢vi¢
a} Reserves Poliey
The trustees have established a policy whereby the unrestiicted funds not committed or
invested in tangible fixed assets ('the free reserves,) held b>. the church should be 3 months
of annual expenditure. At this level. the trustees feel that they would be able to continue the
current activities of the church in the event of a significant drop in funding.
b) Principal Funding
This is provided mainly ihrough voluntary offerings and tithes by church members and
through gift aid scheme. Pledges are also taken for specific projects.
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Redeemed Christian Church of God
Glorious Higb Tbrone Parish
Plans for the Future
a} Future Developments
The charity aims as part of fulfilling its main objectives, to continue to explore various ways
of spreading the gospel ot"Christ in an effective manner. The charity is also looking to grow
in membership and continue to deN'elop its members to make life-changingT impact in society.
Statement of Trustee5' Responsibilities
The Trustees arc rcspon8ible for prcparing the Annual report and Financial statements in
accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year.
Under the law the Trustees have elecÈd to prepare the financial statements in accordance with
United Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting
Standards and applicable law). The financial statements are required bj law to give a true and
fair Niew of the state of affairs of the charity and of the surplus or deficit of the charity for that
period. In preparing these financial sLqtements. the trustees are requested to..
Select suitable accounting policies and then apply them consisfrntly;
Make judgTeinents and estim(ites that are reasonable and prudent-
SLqte whether applicable accounting standards and statements of recommended practice
have b¢¢n followcd, subj¢ct to any d¢partur¢s disclos¢d and ¢Kplaincd in th¢ tinan¢ial
statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
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Redeemed Christidll Church of God
Glorious High Tbrone Parish
The Trustees are responsible for keeping proper accounting records, which disclose with
reasonable accuracy at any tirne the financial position of the charity and to enable them to
ensure that the financial statements comply with the General Directions given by the Charits,
Commission. Thcy are also rLsponsibl¢ tor satogyuardin&J the ass¢ts of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
roval
17-10-25
This report was approved by the board of trustees on ...................................and signed on
its behalf by:
Ademola Onakade
Name:............................................................
17-10-25
Date:....................
Signature:...
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REDEEMED CHRISTIAN CHURCH OF GOD
GLORIOUS HIGH THRONE PARISH
Stat¢m¢nt Of Finan¢ig1 Activities For The Vegr Ended 31st December 2023
Notes
Unrestricted
Fund
Restritted
Fund
Total
2023
2022
Incorning Resour¢e5
olulltary Sources- tithes, offerings,
donations, thanksgiving, et¢
Gift Aid Reclaim
32,528
32,528
29,322
Miscellaneous receipt
oiher income
investment income
Tot*1 itheoming re$ourees
29 J22
Resource5 Expended
Cost of g¢nerating funds
iii furtherance of the charitys objectives
Management & Administration of Charit
17.617
9.964
12,837
9,520
Tot&1 resources expended
30,454
19,484
Net incoming resources l (outgoing) re50urtes
2,074
9,838
Other recognised gains and 1055es
Gross Transf¢r between funds
Net rnovement in funds for the year-
Iyet incomellexpenditurel for the yegr
2.074
9,838
Total fund5 brought forward 11112023
Accruals i¥lo
54,211
44.373
Total Funds Carried Forward At 31st December 2023
56,285
54311
Ademola Onakade
17-10-25
Name..
Siw..
Date..
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REDEEMED CHRISTIAN CHURCH OF GOD
GLORIOUS HIGH THRONE PARISH
Accountants I Inde
endent Examiner's Re
ort For The Year Ended 31st December 2023
We have examined the financial statement5 on pages 2 to 12 which have been prepared in accordance
wilh the accounting policies sei oui on page 4.
Respective re5POllsibilities of the tru5tee5 and independent examiner
The charity trustees are reponsible for the preparatiL)n of the financial statsments.
The trnstees consider that an audit is not required for this year (under section 144 (2) of th¢ chariti¢s
(Act 2011) (the 2011 act).
It is our responsibiliry to..
examine the accout]ts (under section 145 of the 2011 Act,.
follow the procedures laid down in the Gei)eral Directions given by the Charity Commission
(under section 145(51{b) of the 2011 Act; and
• to state whether panicular matters have come to my attention.
Basis of independent examiner's report
Our examination was carried out in accordance ￿1th the General Directions given by the Charity
Con)n)isgion. An examination includes a review of the acLounting records kept bv the organisation
and a comparisL)n of the accounts presented with those records. It also includes consideration of unusual
items or disclosures in the accounts and, seeking explanation from you as trnstees concerning any such
matters. The procedure5 undertaken do not provide all tlie evidence that would be required in an audit
and consequently, we do not express an audit opinion on the view given by the accounts.
It is our responsibility to form an iiidependent opinion, based on my exaniination. on those financial
statements and io report on my opinion.
Independent Examiner's Statement
In connection with our examinaiilin, no matier has come to my atteniion..
l ) w,hich ¥ive5 us rea501iable cause to believe that iii any material respect tlie requirements
* to keep accouniing records in accordance with section 130 of the 201 l Act,. and
to prepare acounis which accord with the accounting records gnd to comply with the accounting
requirement of the 2011 Act have not been met.
2) tLI which, in our opinion, attention should be drawn in order to enable a proper undersianding of the
accounts to be reached.
Signed..
IA tirin w'ith Chartered Accounrants & Management Consultants)
Llnit 9 ChallcnRc House
016 Nlircliam Road
Cri)ydi)n C.RO 3AA
17-10-25
Dale..
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