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2025-08-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD Christ Ambassadors Parish Charity Registration No 1147264

the year ended 31st August, 2025

The Redeemed Christian Church of God-Christ Ambassadors Parish

Contents

Reference and administrative details for the year ended 31 August 2025 ........................................ 2 Trustees’ Report for The Year Ended 31 August 2025 ........................................................................ 3 Trustees’ Report Cont’d. ..................................................................................................................... 4 Independent Examiner’s Report for Year Ended 31 August, 2025 ..................................................... 5 Statement of Financial Activities ........................................................................................................ 6 Balance Sheet as at 31 August, 2025 .................................................................................................. 7 Notes to the Accounts ........................................................................................................................ 8 Notes to the accounts cont’d. ............................................................................................................. 9 Notes to the accounts cont’d ............................................................................................................ 10

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 1

The Redeemed Christian Church of God-Christ Ambassadors Parish

Reference and administrative details for the year ended 31 August 2025

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES

AND ADVISERS FOR THE YEAR ENDING 31st AUGUST, 2025

GENERAL OVERSEER Pastor E.A Adeboye Trustees Pastor Olatunde Sampson OLAGUNJU John Adeyemi DINA Pastor Adeyemi AJAYI Pastor (Mrs) Bosola OGUNSOLA Charity Registration Number 1147264 Principal Office 28, Garswood Road, Manchester. M14 7LL. Pastor In Charge Pastor Kolawole Abayomi OYEDELE Independent Examiner Adebayo OLABISI, FCA, FFA, FIPA 7, Mossbrook Drive, Manchester. M38 9TJ Bankers NATWEST Bank 9/11 Precinct Centre, Oxford Road, Manchester M13 9NX.

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 2

The Redeemed Christian Church of God-Christ Ambassadors Parish

Trustees’ Report for The Year Ended 31 August 2025

The Trustees submit their annual report and the Financial Statements of The Redeemed Christian Church of God (RCCG) Christ Ambassadors Parish (The Charity) for the Year ended 31 August, 2025. The Trustees confirm that the Annual Report and the Financial Statements of the Charity comply with the current statutory requirements of the Charity’s governing documents 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 1[st] September, 2011 as amended on 15[th] May, 2012. It was registered in England and Wales with Charity number 1147264 on the 15[th] of May.2012.

APPOINTMENT OR ELECTION OF TRUSTEES: Trustees are elected and or appointed under the terms of the Trust Deed.

POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEES

The induction process for a newly appointed member of the Board of Trustees comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the Pastor in Charge 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 Pastor In Charge- Pastor Kolawole Abayomi Oyedele manages the day to day administration of the Charity on a voluntary basis.

RELATED PARTY RELATIONSHIPS: RCCG (CHRIST AMBASSADORS PARISH) 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 of Common Purpose”.

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 the Christian faith worldwide, and to promote any charitable activity for the benefit of the local people through:

The activities for achieving its objectives include: Community outreach events

FUNDING AND GRANT MAKING POLICY: The principal source of funding to the Charity is Donations complimented by Gift Aids. The Charity also give out grants and support in line with its objectives.

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 3

The Redeemed Christian Church of God-Christ Ambassadors Parish

Trustees’ Report Cont’d.

VOLUNTEERS: The Charity’s activities are carried out by volunteers who provided services in different capacities. It is estimated that over 1,990 hours were provided by volunteers during the year. If this is conservatively valued at £10.42 per hour, the volunteers’ effort will amount to £20,736.

REVIEW OF ACTIVITIES: Trustees record their appreciation to all Donors who supported the Charity to the tune of £61,185 during the period under review. A sum of £14,247 was claimed as Gift Aid and the Charity generated £2,751 income from facility rental. The Trustees are satisfied with the success of the Charity in meeting its objectives during this period; and are optimistic that it will continue to do so.

INVESTMENTS: There were no investments during the period.

STATEMENTS 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 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.

2026-01-19 Approved by the Trustees on ……………… and signed on their behalf by:

Olatunde Olagunju

Olatunde Sampson OLAGUNJU (Chair of Trustees) .

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 4

The Redeemed Christian Church of God-Christ Ambassadors Parish

Independent Examiner’s Report for Year Ended 31 August, 2025

TO: THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) CHRIST AMBASSADORS’ PARISH

I report on the accounts of the Charity for the Year ended 31[ST] August, 2025 which is set out on pages 6-10

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 145(1) 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 Commissioners. 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 I do not express an audit opinion on the view given by the accounts.

EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention to give me reasonable cause to believe that in any material respect the requirements:

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

SIGNED

Adebayo OLABISI FCA, FFA, FIPA. 7, Mossbrook Drive, Manchester

M38 9TJ. DATE:

2026-01-19

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 5

The Redeemed Christian Church of God-Christ Ambassadors Parish

Statement of Financial Activities for the year ended 31[st] August, 2025

Notes
Incoming Resources:
Voluntary Donations
2
Gift Aid
3a
Other Income
3b
Total
Resources Expended
Charitable Expenditure
Grants Payable-Institutional
4
Cost of Activities in furtherance of Charity's objects
5
Governance Costs
6
Total Resources Expended
Net Incoming/(Outgoing) Resources
Total Funds at the Beginning of the Year
Balance at the end of the Year*		 2025
£
61,185
14,247
5,062
80,494
1,800
30,963
26,145
58,908
21,586
218,292
239,878		 2024
£
59,108
11,167
5,589
75,864
1,800
36,003
22,077
59,880
15,984
202,308
218,292

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 6

The Redeemed Christian Church of God-Christ Ambassadors Parish

Balance Sheet as at 31 August, 2025

Notes
Fixed Assets:
Tangible Assets
7
Current Assets:
Bank and Cash Balances
8
Total Assets
Liabilities:
Amont Due within 1 Year
10
Net Assets
Charity Funds:
General Unrestricted
Total Funds		 2025
£
161,704
78,750
240,454
576
239,878
239,878
239,878		 2024
£
140,192
78,676
218,868
576
218,292
218,292
218,292

The Accounts have been prepared in accordance with special provision of Statement of Recommended Practice: Accounting and reporting by Charities (SORP) issued in March 2007 as modified for smaller Charities

2026-01-19 Approved by the Trustees on: ……………………………………..

and Signed on their behalf by:

Olatunde Olagunju

Pastor Olatunde Sampson OLAGUNJU

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 7

The Redeemed Christian Church of God-Christ Ambassadors Parish

Notes to the Accounts

Note 1 Accounting Policies

a

The Accounts have been prepared under the Historical Cost Convention in accordance with applicable Accounting Standards. They follow Best Practices as stated out in the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued in March, 2007 as modified for small Charities.

d) Depreciation is provided at rates calculated to write off the
cost of the assets (less expected disposal value) over
expected useful lives. The following rates apply:
Building
-3%
Motor Vehicles:
-25%
Computer and Office Equipment:
-25%
Musical Equipment
-25%
Furniture &
Fittings
-25%
Note 2
Donations, Legacies and Similar Incoming Resources
2025
£
Collection at
Services
61,185
Note 3
(a)
Gift Aid Received
14,247
(b) Income from Hall usage
2,751
Employer's Allowance (HMRC)
2,311
5,062		 2024
£
59,108
11,167
5,589
5,589

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 8

The Redeemed Christian Church of God-Christ Ambassadors Parish

Notes to the accounts cont’d.

2025
£

Note 4
Grants Payable-Institutional
World Evangelical Mission (WEM)
1,200
Central Office Funding
600
1,800
Note 5
Cost of Activities in Furtherance of Charity Objects
Visiting Speakers Expenses
1,350
Training Seminars and Conferences
2,324
Travel and Subsistence
268
Rent, rates and Licences
435
Welfare Expenses
5,004
Printing and Publicity
398
Motor Vehicle Expenses
1,752
Insurance
815
Depreciation
5,917
Hospitality
4,404
Repair and Maintenance
2,176
Utilities
6,120
30,963
Note 6
Management and Governance Costs
Administrative Salaries
21,393
Legal and Professional fees
4,176
Independent Examiner's fee
576
26,145		 2024
£
1,200
600
1,800
2,952
2,226
1,751
861
7,446
440
304
2,171
4,209
5,723
3,592
4,328
36,003
17,909
3,592
576
22,077

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 9

The Redeemed Christian Church of God-Christ Ambassadors Parish

Notes to the accounts cont’d

Note
7
Fixed Assets
Building
&
Storage
£
Cost
At 1st September, 2024
128,393
Additions
Disposals
At 31 August, 2025
128,393
Depreciation
At 1st September,,
2024
8,080
Charged for the year
3,852
Eliminated on Disposal
At 31 August, 2025
11,932
Net Book Value
At 31 August, 2024
120,313
At 31 August, 2025
116,461
Note
8
Bank Balances
Main Account
Building Account
Special Events
Good Women
Excellent Men
Note
9
Creditors & Accruals
Accountancy & Independent
Examiner's fee		 Motor
Vehicles
£
6,000
12,795
-1,795
17,000
5,990
375
-5,990
375
10
16,625
31 Aug, 2025
£
77,058
118
741
572
261
78,750
576
576		 Musical
Equipment
£
7,712
7,712
4,328
423
0
4,751
3,384
2,961
31 Aug, 2024
£
68,485
9,566
625
78,676
576
576		 Computer
and Other
Equipment
£
22,220
22,220
11,899
484		 Fixture
&
Fittings
£
9,461
10,439
19,900
3,297
783
4,080
6,164
15,820		 Total
£
173,786
23,234
-1,795
195,225
0
33,594
5,917
-5,990
12,383 33,521
10,321
9,837		 0
0
140,192
0
161,704

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 10

The Redeemed Christian Church of God-Christ Ambassadors Parish

RCCG-Christ Ambassadors Parish: Reports for the year ended 31[st] August, 2025 | 11