THE REDEEMED CHRISTIAN CHURCH OF GOD
SOLUTION ASSEMBLY
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
Company Reg. No 8062791
Charity Reg. No 1148330
LONDON ACCOUNTANCY PRACTICE
SOJOURNER TRUTH COMMUNITY CENTRE
161 SUMNER ROAD
LONDON SE15 6JL.
Scanned wlth
CamScanner-:
C5

I. ! HE REDEEMED CHRISTIAN CHURCH OF GOD
'OLUTION ASSEMBLY
'A company limited by guarantee)
tEPORT AND ACCOUNTS
.' OR THE YEAR ENDED 31 MAY 2025
ONTENTS
Page
P.Yministratlve informallon
h,TJport of the Truslees
l idependent Examiner's Report
.)latement of Financial Activities
alance Sheet
'.4otes to the accounts
10-11
Detailed Incomt and Expenditure
12
Scanned wlth
CamScanner-:
C5

?HE REDEEMED CHRISTIAN CHURCH OF GOD
OLUTION ASSEMBLY
j 4 company limited by guarantee)
-QEPORT AND ACCOUNTS
."OR THE YEAR ENDED 31 MAY 2025
-lioveming Document
The RCCG is an incorporated organisation govemed
by the Companies Acl 2006 as a company
limited by guarantee with the Company Number
8062791 and Charity Number 1148330.
D2ECTORS AND TRUSTEES Mrs Folake ScKlunke....................Chairperson
Mr Femi Ogundipe.........................Secretary
OMPANY SECRETARY
Paslor Julius Adetoro
IIEGISTERED OFFICE
THE REDEEMED CHRISTIAN CHURCH OF
GOD SOLUTION ASSEMBLY NORTHAMPTON
28, Nova Close
Overtone
Northampton
NN6 OSH
BANKERS
Barclays Bank PIC
Weston FaveS1
Northampton
INDEPENDENT EXAMINER
London Accountancy Praclice
Sojourner Truth Centre
161 Sumner Road
London SE15 &JL
Scanned wlth
CamScanner-:
C5

HE REDEEMED CHRISTIAN CHURCH OF GOD
4;OLUTION ASSEMBLY
14 company limited by guarantee)
IEPORT AND ACCOUNTS
". OR THE YEAR ENDED 31 MAY 2025
v8JECTS AND PRINCIPAL ACTIVITIES
The advancement ol Christian faith,
To provide church services and
Conduct religious worship,
Relief sickness and
Preservalion and protection of physical and mental health
To relieve povety
-fftCTIVITIES, DEVELOPMENTS AND ACHIEVEMENTS:
(See the RCCG separate Annual Report)
Scanned wlth
CamScanner-:
C5

QTHE REDEEMED CHRISTIAN CHURCH OF GOD
SOLUTION ASSEMBLY
,, (A company limited by guarantee)
. REPORT AND ACCOUNTS
'FOR THE YEAR ENDED 31 MAY 2025
(OSTATEMENT OF DIRECTORS, RESPONSIBILITIES
raw applicable to incorporated companies in England and Wales requires the trustees. who are
. also the direGtors of the company, to prepare financial statements which give a true and fair view
- of the state of affairs of the charity at the end of the year and of its finanoial activities during the
Jear then ended. In preparing Ihose financial statements. trustees are required to:
select suitable accounting policies and apply them consistently.
make judgements and estimates that are reasonable and prudent.
stste whether applicable accounting standards and statements of
recommended practice have been followed. subject to any material
departures disclosed and explained in the financial slalement, and
prepare the financial statements on the going concern basi5 unless it is
inappropriate to presume that the project will continue in operation.
pjThe directors are responsible for keeping proper records which disclose at any time the financial
oosition of the project. They are also responsible for safe guarding the assets of the organisation
-and hen￿ for taking reasonable steps for the prevention and detection of fraud and other
arregularities.
igned by..
.%JLI.....Secretsry
Femi Ogundipe
Dato
..2025
Scanned wlth
CamScanner-:
C5

HE REDEEMED CHRISTIAN CHURCH OF GOD
,<;OLUTION ASSEMBLY
14 ￿MpanY limited by guarantee)
-.4EPORT AND ACCOUNTS
OR THE YEAR ENDED 31 MAY 2025
-I.INANCIAL REVIEW
. The results of Ihe year's operation are sel oul in the attached financial statements. During the
ear, the income 01 £85,837 was received against the expenditure of £62,900. The surplus for the
"iar was £22,937 and reserve for the year ended 31 May 2025, was £148.859. Included in the
T?sÈrves was unrestricted fund of £144,636.
l lie Irustees have been aware of the need to comply with go¢)d practice guidelines issued by the
iif,'harity Commission on free rese￿eS and the RCCG Solution Assemblys policy is included in the
I ioles to the accounts.
r_:IESERVES POLICY
The trustees have reviewed its free reserves policy and have turned its entire unrestricted fund into
an emergency reserve io enable the RCCG io me81 lis obligations in the event ol a shortlall in
biicome or sudden uptum in expenditure.
iISK MANAGEMENT
I he trustees have examined the major rtsks which the RCCG faces and believe that by
".nainlaining our free reserves at a reasonable level, combined with our annual review of the
iontrols over key financial systems, this will provide sufficient resources in the event of adverse
conditions. The trustees will have to examine olher operational and business risks which the
organisation may face and establish systems to mitigale the significant risks.
TANGIBLE FIXED ASSETS
The organisation keeps an asset register.
VOLUNTEERS
The ACCG recognises the signilicant contributions made by volunteers.
Scanned wlth
CamScanner-:
C5

( I.qDEPENDENT EXAMINER'S REPORT
I I I'O THE TRUSTEES OF THE REDEEMED CHRISTIAN CHURCH OF GOD
iaOLUTION ASSEMBLY)
. QN THE ACCOUNTS
". OR THE YEAR ENDED 31 MAY 2025
I report to the charity trustees on my examination of the accounts of
The Redeemed Christian Church of God (Solution Assembly) for the
year ended 31 May 2025 as set oul on pages 8-10
p.sponsibilllles and
dsis of report
As the charity's trustees of the Company (who are also the directors of
the company for the purposes of Gompany lawl, you are responsible for
the preparation of the accounts in accordance with the requirements of
the Companies Act 2006 (Ihe 2006 Acr}.
Having satisfied myself that the accounts of the Company are not
required lo be audited for this year under Part 16 of the 2006 Act and
are eligible for independent examinalion, I report in respect of my
examination ol your charitys accounls as carried out under section 145
ol the Charities Act 2011 {Ihe 2011 Acf). In Carl￿ng out my
examination. I have followed the Direclions given by the Charity
Commission (under section 145151(b) of the 2011 Act.
Idependenl
Fxaminer's statement
11 have completed my e￿imination. I confirn that no material matters
have come lo my attention (other than that disclosed below "} which
gives me cause to believe that..
. accounling records were not kept in accordance with section 386 of
the Companies Acl 2006" or
. the accounts do not acGord with such records- or
the a¢Gounls do not comply with relevant accounting requirements
under section 396 of the Companies Act 2006 other than any
requirement that the accounts give a 'tnJe and fairf view which is not a
matter considered as part ol an independenl examination: or
•the accounts have not been prepared in accordance wth the Charities
SORP IFRS102).
I have no concerns and have come across no olher matters in
connection with the examination to which attention should be drawn in
this report in order to enable a proper understanding of the accounts to
be reached.
Signature...
..Dated ...ts....WFMK*￿o25
Ade Adebambo, MBA. ACMA,ACG
London Ac¢ounlancy Praclice
161 Sumner Road
London SE15 6JL
Scanned wlth
CamScanner-:
C5

IHE REDEEMED CHRISIIAN CHURCH OFGOD
SOLUTION ASSEMBLY
STAIEMENTOF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 MAY2025
Vnrestrlctsd Restiithd
Fund
Fund
2025
Total
2024
INCOMING RESOURCES
Legaoes &
[ncur￿. Barktrlwesl
86,648
1,310
1.831
85,837
85137
RESOURCES EXPENDED
Diieci ￿ritable Cosrs
efj,761
61900
61900
66,761
Net Resrm
22,937
22937
21.197
tKe Brw Foward
121.699
4.213 125.922
104,725
BakKe ca￿led Fcfflrd
14636
148,859
125.922
Scanned wlth
CamScanner-:
C5

I>IE REDEEMED CHRISTIA14 CHURCH OF GOO
SOLU7ION ASSEMBLY
BALANCE SNEET AS AT31 MAY 2025
2025
2024
CVRRENT ASSETS
Cash In BaJ*
149.859
149,859
126.822
126,822
CURRENTLIABIU71ES
Creditors 8nd Accruals
1000
148.859
125.922
148.859
125.922
REPRESENTED BY
FUNDS:
Unreslncted FuThJ
Restntted Fwd
144.636
4.223
121.699
4.223
14&859
125,922
For the period ended 31 MAY 2025 the Company was entitled to exemplion from audit
under section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
the members have not required the company to obtain an audrt of its accounts for
the year in question in accordance with section 476,
the directors acknowledge Iheir responsibilities for complying with the
requirements of the Act with respect lo accounting records and the preparation of
the accounts
these accounts have been prepared in accordance with the provision applicable
to companies subject to the small companies, regime.
The finanGial slatemenls on pages 8 to 9 were approve(I by the boar¢ of directots on
.2025 and signed on its behalf by
Sign........
.DirectorlChairperson
Folake Sodunke
THE REDEEMED CHRISTIAN CHURCH OF GOD
Scanned wlth
CamScanner-:
C5

TrIE REDEEMED CHRISTIAN CHURCH OF GOD
>OLUTION ASSEMBLY
,'A company limited by guarantee)
VIEPORT AND ACCOUNTS
OR THE YEAR ENDED 31 MAY 2025
ACCOUNTING POLICIES
.-_*.1 Basis of preparation of Finanelal Statements.
The financial statements are prepared under the historical cost convention and include the
results of the charivs operations which are described in the Directors. Report and all of
which are continuing.
The accounts have been prepared in accordance with the Statement of Recommended
Practice Accounting by Charilies.
The charity has taken advantage of the exemption of Financial Reporting No 1 from the
requirements to produce a cash Ilow slalement on the grounds that it qualifies as a small
company.
D_1.2 Incoming Resources
J.2.1 Revenue granls are credited on the earlier date of when they are received or when they are
receivable, unless they relate to a specific future period, in which case they are included on
the Balance Sheet as deferred income to be recognised in the futur8 accounting period.
1.2.2 Granls received for specific purposes are accounled for as restricted funds in the Statement
of Financi￿ Activities.
1.2.3 Donations
Donations are accounted for on a cash receipts basis unless deferred.
1.2.40ther incoming resources
Other incoming resources are accounted for on an accruals basis.
1.2.5 Deferred income
Where a granl or aonalion is received in advance for expenditure in a future accounling
period recognition of that income is deferred and released in the period in which the
expenditure is incurred.
10
Scanned wlth
CamScanner-:
C5

'THE REDEEMED CHRISTIAN CHURCH OF GOD
. SOLUTION ASSEMBLY
IA Gompany limiled by guarantee)
REPORT AND ACCOUNTS
( ￿￿oR THE YEAR ENDED 31 MAY 2025
Reslrlcted Funds
Restricted funds are lo be used for speGific purposes as laid down by the donor.
Expenditure which meets these criteria is identified to the fund. together with a fair
allocalion of management and support costs.
Unrestricted Funds
Unrestricted funds are donations and other income received or generated for the objects of
the organisation withoLrt further specified purposes and is available for general funds.
US5 Designated Funds
Designated funds are unrestricted funds earmarked by the Managem8nt Committee for
particular purposes.
y.6 Resources Expended
Direct charilable expenditure includes all expenditure incurred by Redeemed Christian
Church of God Solulion Assembly in direct pursuit of ils charitable objectives.
Management and administration expenditure includes all costs not directly related to the
charitable activities and which cannot be allocated to direct charitable expenditure.
1.7 Tangible fixed assets
Depreciation is calculated to write off the cost of fixed assets over their estimated uséful
lives. The charity has a register of assets.
Creditors: Amount falling due within one year
2025
2024
Accountancy Fees / Bookkeeping
900
Scanned wlth
CamScanner-:
C5