## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **COMPANY LIMITED BY GUARANTEE**
**Company reg. no 07949607 Charity reg. no. 1145995**
**DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
|Reference and administrative details of the charity|3|
|---|---|
|Directors' report|4 - 7|
|Independent examiner's report|8|
|Statement of financial activities|9|
|Balance sheet|10|
|Notes to the financial statements|11 - 14|
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **Company Information**
|Directors/Trustees|Amuwo Adedoyin Adedayo|
|---|---|
||Kolawole Eyitayo Babatunji|
||Okungbowa Kingsley Eseosasere|
|Secretary|Agboola Clement Ikuyinminu|
|Registered company number|07949607|
|Charity number|1145995|
|Registered office|RCCG Winners Pavilion|
||10 Combes Crescent|
||Leadenhall|
||Milton Keynes|
||MK6 5LX|
|Accountants|Tunji Ogedengbe|
||36 Daffodil Close|
||Hatfield|
||Hertfordshire|
||ALI0 9FF|
Page 3
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **DIRECTORS' REPORT FOR YEAR ENDED 31 DECEMBER 2024**
The directors and trustees present their report and the accounts for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the the accounts and comply with the charity's memorandum and articles, applicable by law (Companies Act 2006 and Charities Act 2011) and the requirements of the Statement of Recommended Practice "Accounting and Reporting by Charities"issued in March 2005.
## **Legal and Administrative details**
The Redeemed Christian Church of God Winners Pavilion Milton Keynes was incorporated as a private company, limited by guarantee, on 14/02/2012, company number 07949607
## **Trustees**
The trustees who are also directors for the purposes of the Companies Act 2006 that served in the year were as follows:
**Directors**
Amuwo Adedoyin Adedayo Kolawole Eyitayo Babatunji Okungbowa Kingsley Eseosasere
**Secretary** Agboola Clement Ikuyinminu
## **Structure, Governance and Management**
## **Governing Document**
The company is limited by guarantee and registered as a charity under the Charities ACT 2011. It is governed by its Memorandum and Articles of Association incorporated on 14/02/2012 . The company has applied for charitable status for taxation purposes and is currently a registered charity.
Anyone over the age of 16 can become a member of the company subject to approval by the trustees.
Page 4
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **DIRECTORS' REPORT (Continued) FOR YEAR ENDED 31 DECEMBER 2024**
## **Governing document continued…..**
No director has any beneficial interest in the charitable company. The number of guarantees at 31 December 2024 was three. Every member of the Charity promises that if the Chairty is dissolved while he or she is a member or within twelve months after he or she ceases to be a member, to contribute such sum (not exceeding £10) that may be demanded towards the payment of debts and liabilities of the Charity.
## **Recruitment and Appointment of Trustees**
Appointment of trustees begun from the first annual general meeting and was in accordance with the articles of association. At every subsequent annual general meeting, one third of the trustees are subject to retirement by rotation.
If the company at the meeting at which a trustee retires by rotation does not fill the vacancy the retiring trustee shall, if willing to act, be deemed to be reappointed unless at the meeting it is resolved not to fill the vacancy or unless a resolution is put to the meeting and lost. The number of trustees shall not be less than two and are not subject to any maximum . Trustees have the power to co opt members to a commitee so long as those co opted members do not exceed one half of the total number of trustees on that committee.
## **Trustee Induction and Training**
Any new trustees undergo an orientation day to brief them on their legal obligations under Charity and Company Law, the content of the Memorandum and Articles of Association and the processes on decision making within the organisation. The Charity encourages trustees to attend, at their discretion; appropriate external training events were these will be of use for the undertaking of the role.
## **Organisational Structure**
The trustees, which at present there are three, provide the strategic direction of the charity. The aims and objectives are communicated to the congregation and members of the church.
## **Assets held on behalf of another charity**
There are no assets held on behalf of another charity.
Page 5
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **DIRECTORS' REPORT (Continued) FOR YEAR ENDED 31 DECEMBER 2024**
## **Risk Management**
The trustees have a risk management strategy that includes:
- i. An annual review of the risks the charity may face;
- ii. The establishment of systems and procedures to mitigate those risks identified in the plan;
iii. The implementation of procedures designed to minimise any potential impact on the charity should they materialise.
Financial risk is to be mitigated by the secretary monitoring the bank frequently to ensure no losses from error or fraud take place.
The policies of risk management are continuously reviewed to ensure they still meet the needs of the charity.
## **Objectives**
The charity's objects are:
- The advancement of the Christian religion worldwide
- The relief of poverty worldwide.
- To impact the community in every positive way possible.
It pursues these objects by the operation of a centre for Christian worship at its premises in the town centre of Milton Keynes and by a programme of events aimed at reaching out to the un-churched together with a range of community-centred projects. These objectives have continued throughout the year and remain unchanged.
The strategies employed to achieve the charity's objectives are to:
To establish churches, cell groups, and community centres
To promote festivals celebrations and exhibitions and otherwise develop community and fellowship To coordinate advise and administer churches
To carry out and direct disciplineship evangelistic missionary and ecumenical activity To support administer or set up other charities
To set up, administer or support training and educational facilities including but not limited to day nurseries, playschools and other educational establishments.
To provide advice, resources and services to those affected by social and economic circumstances To establish and maintain development projects in small scale economic development and medical programmes.
To make investments in the aid of the finances to carry on further activities.
The charity has serveral powers permitted by the Memorandum of Association that allow the above strategies be achieved.
Page 6
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **DIRECTORS' REPORT (Continued) FOR YEAR ENDED 31 DECEMBER 2024**
Activities for public benefit
## **The charity's main activities for the year were:**
- Established forums to reach out to the community
- Promoted festivals, celebrations and exhibitions and outreaaches
- Feeds the Homeless on Tuesdays and Thursdays
- Drop in center for young people on Friday nights where young people age 12-17 come in to play like table tennis, pool, scrabble etc and have tea and coffee.
## **Charity fund raising**
The church has regular and commited members who give tithes and other donations for the furtherance of the church's activities.
## **Achievements and Performance**
The trustees are pleased to report the following that during the year reported the charity achieved the following:
- Built a wider network of relationships within the local community to enable the community's involvement in the charity's exhibitions,
- Played key role in the establishment of street pastors in Milton Keynes.
- Organizing/supporting Family fun days with other churches in town during which we had a "give away"stall and gave out to items ranging from clothing to household items and small electrical appliances (donated by memebers) to 125 people in the community free of charge
- We have been able to provide music and refreshments in the market square every quarter
- We organised and hosted a musical festival for the town in April 2013 which we have now been requested to host annually
## **Future Developments**
The church will continue 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,
We intend to plant more parishes and accommodate new members.
Approved by the Directors on 29th April 2025 and signed on their behalf by:
Amuwo Adedoyin Adedayo
Director
Page 7
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **INDEPENDENT EXAMINER'S REPORT FOR YEAR ENDED 31 DECEMBER 2024**
## **TO THE DIRECTORS OF REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS PAVILION MILTON KEYNES**
I report on the accounts of the charity for the year ended 31 December 2024 which is set out on pages 9 to 14.
## RESPECTIVE RESPONSIBILITIES OF THE DIRECTORS AND THE EXAMINER
The charity's directors are responsible for the preparation of the accounts. The charity's directors consider that an audit is not required for this year under section 476 of the Companies Act 2006 and that an independent examination is needed.
## It is my responsibility to:
- , • examine the accounts under section 145 of Charities Act 2011;
- , • follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
- , • state whether particular matters have come to my attention.
## 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 Directors 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 requirements
- to keep accounting records in accordance with the requirement of Section
- 386 and 387 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of Section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Tunji Ogedengbe 36 Daffodil Close Hatfield Hertfordshire AL10 9FF
Date: 29th April 2025
Page 8
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 DECEMBER 2024**
|**Notes**
**INCOMING RESOURCES**
2
Donations, legacies & similar incoming resources
Gift aid Receivable
**Total incoming resources**
**RESOURCES EXPENDED**
Grants payable - individual
Cost of generating funds
4
Costs of activities in furtherance of charities objects
5
Management and governance costs
6
**Total resources expended**
**Net (Outgoing)/Income resources for year**
**Balance b/fwd**
**BALANCE AT END OF YEAR**|**2024**
**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
47,291
47,291
-
-
-|
|---|---|
||**47,291**
**-**
**47,291**|
||-
-
-
7,241
-
7,241
26,078
-
26,078
375
-
375|
||**33,693**
**-**
**33,693**|
||**13,598**
**-**
**13,598**
**-**
61,935
**61,935**|
||**75,533**
**-**
**75,533**|
The statement of financial activities includes all surpluses and deficits recognised in the year.
All incoming resources and resources expended derive from continuing activities.
Page 9
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes Balance Sheet**
## **At 31 DECEMBER 2024**
|**Notes**
**FIXED ASSETS**
Tangible assets
10
**CURRENT ASSETS**
Debtors: amounts falling due after more than one year
Cash in hand
**Creditors: amounts falling due**
within one year
12
**NET ASSETS**
**CHARITY FUNDS**
General - unrestricted
1d
General - restricted
1e
**TOTAL FUNDS**|**2024**
**2023**
**Total**
**Total**
**Funds**
**Funds**
**£**
**£**
**-**
**-**
3,750
2,750
72,534
59,561|
|---|---|
||**76,283**
**62,310**|
||750
375|
||**750**
**375**|
|||
||**75,533**
**61,935**|
||75,533
61,935|
||**75,533**
**61,935**|
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
These financial statements were approved by the Directors on 29th April 2025 and signed on their behalf by:
Amuwo Adedoyin Adedayo - Director
Page 10
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **Notes to the Financial Statements FOR YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparation**
The accounts have been prepared under the historical cost convection and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
## **Depreciation**
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Instruments and Fixtures 20% Straight line Mini Bus 25% Straight line
## **Taxation**
The charitable company has dormant status for corporation tax by HMRC.
## **2. DONATIONS AND GIFTS**
|**2. DONATIONS AND GIFTS**||
|---|---|
|Tithes & Offering
Gift Aid|**2024**
**2023**
**£**
**£**
47,291
44,185
-
-|
||**47,291**
**44,185**|
## **3. ACTIVITIES FOR GENERATING FUNDS**
|**2024**|**2023**|
|---|---|
|**£**|**£**|
|**-**|**-**|
Page 11
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **NOTES TO THE FINNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **4. COSTS OF GENERATING FUNDS**
|Hire of Hall
Office expenses
Motor expenses
Insurance
**5. CHARITABLE ACTIVITIES**
Honorarium payments
Conference costs
WEM
Hospitality/Welfare
Training
Central office
FOL
Donation
Website costs
Mission
Printing and Stationary
Area
Welfare
Bank charges
Eqipment
Building
Outreach
Province levy
Travel|**2024**
**2023**
**£**
**£**
5,066
5,136
472
268
575
1,315
1,127
1,008|
|---|---|
||**7,241**
**7,726**|
||**2,024**
**2,023**
**£**
**£**
500
816
1,224
3,744
8,820
6,287
533
300
2,030
4,093
1,200
1,200
600
600
384
2,452
130
104
1,650
-
-
560
250
200
1,880
80
101
84
1,710
1,130
500
-
4,497
740
-
250
68
-|
||**26,078**
**22,641**|
Page 12
## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
## **NOTES TO THE FINNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **6. GOVERANCE COSTS**
Independent Examination fee
## **7. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Tangible fixed assets Current assets Current liabilities
## **8. RESTRICTED FUNDS**
**----- Start of picture text -----**
2024 2023
£ £
375 375
375 375
Restricted Unrestricted 2024 2023
£ £ £ £
- - - -
B/f Incoming Outgoing Outgoing
£ £ £
- - - -
**----- End of picture text -----**
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## **The Redeemed Christian Church of God Winners Pavilion Milton Keynes**
**Notes to the Financial Statements - continued For the year ended 31 December 2024**
## **12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||
|---|---|
|Accruals and deferred income|**2024**
**2023**
£
£
750
375|
||**750**
**375**|
Page 14