THE REDEEMED CHRISTIAN CHURCH OF GOD JUBILEE HALL
FINANCIAL STATEMENTS 31[ST] DECEMBER 2025
Charity Number - 1148504
THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
Trustees
Dr Lawrence Emohare
Mrs Joan Funmilayo
Mr Alex Oviawe
Minister in Charge
Pastor Christopher Okworu
Charity number
1148504
Registered address:
578 Mile End Road London E3 4PH
Accountants
Abica Phil & Co Financial Accountants 1 Cotleigh Road West Hampstead London NW6 2NL
Bankers
HSBC
THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
FINANCIAL STATEMENTS
YEAR ENDED 31[st] December 2025
| CONTENTS | PAGE |
|---|---|
| Trustees annual report | 4 |
| Independent Examiner | 6 |
| Statement of the financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 |
THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
TRUSTEES ANNUAL REPORT
YEAR ENDED 31[st] December 2025
The trustees have pleasure in presenting their report and accounts for the period ended 31[st ] December 2025.
Principal activities
Jubilee Hall is a parish of the Redeemed Christian Church of God worldwide; and the General Overseer is Pastor Enoch Adejare Adeboye.
The charity’s principal activity during the year continued to be religious activities, education. And training, and help for children, young and the elderly.
Review of the current year
We thank God for His grace and mercy for enabling us to finish the year 2025.
Church activities and services have been successful with new members joining. Some activities online have boosted the spiritual upliftment of the members. The youth work continues with activities targeting them to be a good citizen and keeping themselves away from any troubles especially the knife crimes.
The church has grown this year and donations have decreased slightly. The Prayer Summit which the core of our activities was very successful again this year with people from the community, friends, families and people from abroad joined through zoom.
The coming year
Our soul winning and evangelistic programme, training of workers and caring for the homeless in our community will continue.
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THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
TRUSTEES ANNUAL REPORT (continued)
YEAR ENDED 31[st] December 2025
RESPONSIBLITIES OF THE TRUSTEES
The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.
The law requires the trustees to prepare financial statements in accordance with the United Kingdom, General Accepted Accounting Practice (United Kingdom Accounting Standard and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit for that period.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply the Charities Act 1993, The Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed.
The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees who served during the year were as follows:
Dr Lawrence Emohare Mrs Joan Funmilayo Mr Alex Oviawe
This report was approved by the board on 03[rd] June 2026.
On behalf of Board of Trustees
Mr Christopher Okworu Minister in charge
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THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
MINISTERS ANNUAL REPORT (continued)
YEAR ENDED 31[st] December 2025
RESPECTIVE RESPONSIBILITIES OF MINISTERS AND EXAMINER
The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under section 43 of the Act);
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7) (b) of the Act); and
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to state whether particular matters have come to my attention.
BASIS OF THE INDEPENDENT EXAMINER’S REPORT
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.
INDEPENDENT EXAMINER’S STATEMENT
In the course of my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept (in accordance with section 41 of the 1993 Act); and
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
03[rd] June 2026
P.K. Mensan FFA, MBA Fellow of the Institute of Financial Accountants
ABICA PHIL & CO 1 Cotleigh Road West Hampstead London NW6 2NL
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THE REDEEMED CHRISTIAN CHURCH OF GOD JUBILEE HALL
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31[st] December 2025
INCOME Incoming resources from generated funds Voluntary income: donations Other Income Total Income EXPENSES Cost of generating funds: Charitable expenditure Governance Costs TOTAL EXPENSE Net Income Net Movement in Funds Balance at 1stJanuary Balances at 31stDecember |
Total Funds 2025 2024 Note Unrestricted Restricted 2 22,629022,62917,105 3 4,708 0 4,7086,334 27,337 0 27,33723,449 4 22,293022,29320,339 5 4,42604,4263,597 26,719 0 26,71923,936 618 0 618 -487 6 6180618-487 20,035 0 20,035 20,522 7 20,653 0 20,65320,035 |
|---|---|
All movements are in Unrestricted Funds
The notes on page 9 to 13 form part of these financial statements.
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THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
BALANCE SHEET
YEAR ENDED 31[st] December 2025
Note FIXED ASSETS Tangible assets 8 CURRENT ASSETS Debtors 9 Cash at bank 10 CREDITORS: Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due12 after one year NET ASSETS TOTAL FUNDS 7 |
2025 2024 £ £ £ 1,174 1,746 4,174 2,339 16,542 17,005 20,716 19,344 (1,237) (1,055) 19,479 18,289 20,65320,035 0 0 20,65320,035 20,653 20,035 |
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|---|---|---|
These financial statements were approved by the Board of Trustees on 3[rd] June 2026.
Minister in charge
The notes on page 8 to 13 form part of these financial statements.
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THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31[st] December 2025
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2007).
Incoming Resources
Income from tithes and offerings is included in incoming resources when these are receivable.
Investment income consists of net interest received during the year and accounted for as unrestricted.
Resources expended
Resources expended are included in the Statement of Financial Activities on accrual basis, inclusive of VAT which cannot be recovered. Certain expenditure is attributable to specific activities and has been in those cost categories.
Depreciation
Depreciation is calculated so as to write off the cost of an asset on a straight-line basis over the useful economic life of the asset concerned. The principal rates used for this purpose which are consistent with those of past years as follows:
| Plant & Equipment | 20% |
|---|---|
| Music Equipment | 25% |
2. VOLUNTARY INCOME: DONATIONS
Tithes & Offerings Donations Thanksgivings |
Total Funds 2025 £ 22,629 0 0 22,629 |
2024 £ 17,105 0 0 17,105 |
|---|---|---|
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THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
NOTES TO THE FINANCIAL STATEMENTS
| YEAR ENDED 31st December 2025 2025 3. OTHER INCOME Gift Aid 4,174 Branch 0 Grants 500 Interest (Gift Aid) 34 4,708 4. COSTS IN FURTHERANCE OF CHARITABLE OBJECTS Total Funds 2025 £ Provision of charitable services: Welfare 2,200 Transport 0 Central Office Charges 2,831 Pastoral Care 1,204 Training 662 Mission 0 Outreach 1,499 Donation 584 Hospitality 2,995 Hall Hire 9,338 Guest Speakers Honorarium 980 22,293 5. GOVERNANCE COSTS: 2025 £ Accountancy 820 Printing 390 Professional Fees 1,217 Telephone 518 Postage & Stationeries 151 Bank Charges 75 Insurance 243 Subscription 391 General Expenses 49 Depreciation 572 4,426 |
2024 2,339 0 3,723 282 6,344 2024 £ 2,900 120 2,300 387 569 1,645 0 676 3,927 6,855 960 20,339 2024 £ 774 884 307 140 210 105 230 216 159 572 3,597 |
|---|---|
No Salaries or benefits have been paid to trustees, including the members of the various departments during the year. - 10 –
THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31[st] December 2025
6. NET MOVEMENT IN FUNDS
The net movement in funds for the year is stated after charging depreciation on tangible fixed assets:
| Depreciation 7. FUNDS Unrestricted Funds £ At 1st January 20,035 Surplus / (Deficit) for the year 618 At 31st December 20,653 |
Restricted Funds £ 0 0 0 |
Restricted Funds £ 0 0 0 |
|---|---|---|
Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects. Restricted funds are funds which have been given for particular purposes and projects.
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THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31[st] December 2025
8. TANGIBLE FIXED ASSETS
| Plant & Equipment £ COST: At 1stJanuary 2025 3,184 Additions 0 Disposals 0 At 31st December 25 3,184 DEPRECIATION At 1stJanuary 2025 2,282 Charge for the year 291 Disposals 0 At 31st December 25 2,573 NET BOOK VALUE At 31st December 25 611 At 31stDecember 24 392 9. DEBTORS HMRC - Gift Aid |
Plant & Equipment £ 3,184 0 0 |
Music Total Equipment £ £ 8,596 11,780 0 0 0 0 8,596 11,780 7,752 10,034 281 572 0 0 8,033 10,606 563 1,174 0 1,746 20252024 ££ 4,174 2,339 4,174 2,339 |
|---|---|---|
| 3,184 | ||
2,282 291 0 |
||
| 2,573 |
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THE REDEEMED CHRISTAIN CHURCH OF GOD JUBILEE HALL
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31[st] December 2025
10. BANK & CASH
| 10. BANK & CASH | |
|---|---|
| 20252024 | |
| ££ | |
| Current Account |
16,542 17,005 |
| Deposit Account | 0 0 |
| 16,54217,005 |
11. CREDITORS: Amounts falling due within one year
Professional Fees Accounts Fees 12. CREDITORS: Amounts falling due after one year |
2025 £ 417 820 1,237 2025 £ - |
2024 £ 281 774 1,055 2024 £ - |
|---|---|---|
13. TAXATION
As a charity, there is exemption from taxation on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
14. RELATED PARTY TRANSACTIONS
No payments were made to trustees or any other persons connected with them during this financial period in their capacity as trustees. No material transaction took place between the Charity and a trustee or any person connected with them.
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