# **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.
**- 4 –**
## **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:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- 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**
**-5-**
## **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:
- examine the accounts (under section 43 of the Act);
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7) (b) of the Act); and
- 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:
- proper accounting records are kept (in accordance with section 41 of the 1993 Act); and
- 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
**- 6 –**
## **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**
**22,629**0**22,629**17,105
**3**
**4,708**
0 4**,708**6,334
**27,337 0 27,337**23,449
**4**
**22,293**0**22,293**20,339
**5**
**4,426**0**4,426**3,597
**26,719 0 26,719**23,936
**618**
**0 618**
-487
**6 618**0**618**-487
20,035 0 20,035 20,522
**7 20,653 0 20,653**20,035|
|---|---|
All movements are in Unrestricted Funds
**The notes on page 9 to 13 form part of these financial statements.**
**- 7 –**
## **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 due**12
**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
**20,653**20,035
**0**
0
**20,653**20,035
**20,653** 20,035|
|---|---|---|
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.**
**- 8 –**
## **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|
|---|---|---|
**-9 –**
## **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.
**- 11 -**
## **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
**2025**2024
**£**£
**4,174**
2,339
**4,174**
2,339|
|---|---|---|
||**3,184**||
||
2,282
**291**
0||
||**2,573**||
-12-
## **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**||
|---|---|
||**2025**2024|
||**£**£|
|Current Account
|**16,542** 17,005|
|Deposit Account|**0**
0|
||**16,542**17,005|
## **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.
**-13 -**