2024-12-31-accounts

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CHARITY NUMBER 1149055

REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE STAFFORD

ANNUAL ACCOUNTS

YEAR ENDED 31 DEC 2024

Legal and administrative information
Report from the board of Trustees
Report of the Independent examiner
Statement of financial activities
Balance sheet
Notes forming part of the financial statements

REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE STAFFORD

ADMINISTRATIVE DETAILS OF THE CHARITY FOR THE YEAR ENDED 31 DECEMBER 2024

General overseer	Pastor E A Adeboye
Minister of religion	Pastor Afolabi Olanrewaju
Principal Officer	Pastor Afolabi Olanrewaju
	21 Sandpiper Drive
	Stafford
	ST16 1FQ
Trustees
Pastor Olusope
Emelifeonwu	Board of Trustee chair
Dr Oladoyin Komolafe	Secretary-Treasurer
Pastor Olumide
Kolawole	Member
Pastor Vincent
Ibikunle	Member
Minister Funmi
Olanrewaju	Member
Charity Registration
No	1149055

Independent examiner's report on the account Report to the trustees/members of Redeemed Christian church of God ("RCCG")

Harvest Centre Stafford

For the year ended 31 December 24

Charity no: 1149055

Respective responsibilities of trustees and 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 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5) (b) of the Charities Act, and to state whether matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the Trustees 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 statement below

Independent examiner's statement

In connection with my examination, no matter has come to my attention.

(Other than that, disclosed below *) To keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounts which agreed with the accounting records and comply with the accounting requirements of the Charities Act to which, in my opinion, attention should be drawn in order to enable a Proper understanding of the accounts to be reached.

Signed:

Name: Deborah I. Igbinosa

Relevant professional qualification(s) or body

BA Hon & MSC A/F & ACCA

Section A Statement of financial activities (including summary income and expenditure account)	Section A Statement of financial activities (including summary income and expenditure account)	Section A Statement of financial activities (including summary income and expenditure account)



Annual accounts for the period
Period start date 1 Jan 2024	To	Period end date 31 Dec 2024

Unrestricted funds £ Restricted income funds £ Endowment funds £ Total funds £ F01 F02 F03 F04	Unrestricted funds £ Restricted income funds £ Endowment funds £ Total funds £ F01 F02 F03 F04	Unrestricted funds £ Restricted income funds £ Endowment funds £ Total funds £ F01 F02 F03 F04	Unrestricted funds £ Restricted income funds £ Endowment funds £ Total funds £ F01 F02 F03 F04	Prior year funds £ F05
80,027 396,583 - 476,610				131,314
- - - -				-
- - - -				-
- - -				-
- - - -				-
- - - -				-
80,027 396,583 - 476,610				131,314

54,501 - 54,501				38,336
24,341 - - 24,341				35,353

- - -				-
78,842 - 78,842				73,689

78,842 78,842				57,625
- -
- - - -				-

397,768 - - 397,768				57,625
- - - -				-
- - - -				-
- - -
397,768 - - 397,768				57,625

- - -
-
397,768 - - 397,768				57,625


- - - -
397,768	-	-	397,768	57,625

Section B. Balance Sheet- RCCG Harvest Centre Stafford – 1[st] January-31 December 24RCCG Harvest Balance sheet 31 December 2022

Fixed assets Tangible assets - Building (Note 9) Motor Vehicle Investments (Note 10) *Total fixed assets* Current assets Stock and work in progress Debtors (Note 11) Cash at bank and in hand - Barclays Cash at Bank – Building Funds *Total assets* Creditors: amounts falling due within one year (Note 12) *Net current assets/(liabilities)Loan* *Total assets less current liabilities* Creditors: amounts falling due after one year (Note 12)Liability a expect to pay after 1 Yr Provisions for liabilities and charges *Net assets* *Total funds* Signed by one or two trustees on behalf of all the trustees	Note Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 B01 360,000 - - 360,000 - B02 16,744 - - 16,744 - B03 - - - - - B04 376,744 - - 376,744 - B05 - - - - - B06 - - 0 B07 27,646 - 27,646 270,738 B08 29,166 - 29,166 B09 433,556 - 433,556 270,738 B10 - - B11 (94,000) - - (94,000) - B12 339,556 339,556 270,738 B13 (600) - (600) 400 B14 - - - - B15 338,956 - 338,956 270,338 B16 B17 - B18 B19 - - - B20 338,956 - 338,956 270,338	Note Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F05 B01 360,000 - - 360,000 - B02 16,744 - - 16,744 - B03 - - - - - B04 376,744 - - 376,744 - B05 - - - - - B06 - - 0 B07 27,646 - 27,646 270,738 B08 29,166 - 29,166 B09 433,556 - 433,556 270,738 B10 - - B11 (94,000) - - (94,000) - B12 339,556 339,556 270,738 B13 (600) - (600) 400 B14 - - - - B15 338,956 - 338,956 270,338 B16 B17 - B18 B19 - - - B20 338,956 - 338,956 270,338
		360,000 - - 360,000 -
		16,744 - - 16,744 -
		- - - - -
		376,744 - - 376,744 -

		- - - - -
		- - 0
		27,646 - 27,646 270,738
		29,166 - 29,166
		433,556 - 433,556 270,738

		- -

		(94,000) - - (94,000) -

		339,556 339,556 270,738

		(600) - (600) 400
		- - - -

		338,956 - 338,956 270,338


		-

		- - -

		338,956 - 338,956 270,338

	Signature Print Name Date of approval
	Oladoyin Komolafe 29/09/2025

Section C- Notes to the accounts: REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan - 31st Dec24

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with*  Accounting Standards; or  Financial Reporting Standards for Smaller Enterprises (FRSSE);

and with the Charities Act.

[** except for the following].

Give details in this box if a different standard has been followed.

-Tick as appropriate:

 if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

 if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year ( except for the following).

Give details in this box of any material changes that have been made.

if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (except for the following).

Note 2 Accounting policies - REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan- 31st Dec24

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

INCOMING RESOURCES
Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	 the charity becomes entitled to the resources;
	 the trustees are virtually certain they will receive the resources; and
	 the monetary value can be measured with sufficient reliability.
Incoming resources with related expenditure	Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has
	unconditional entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time
and gifts	as the gift to which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been
performance related grants	delivered.
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only
	when sold or distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming
	resources when receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in
facilities	resources expended) where the benefit to the charity is reasonably quantifiable,
	measurable and material_._The value placed on these resources is the estimated
	value to the charity of the service or facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and	This includes any gain or loss on the sale of investments and any gain or loss
losses	resulting from revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation
	committing the charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs
	of trustee meetings and cost of any legal advice to trustees on governance or
	constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific
conditions	level of service or output to be provided, such grants are only recognised in the
	SoFA once the recipient of the grant has provided the specified service or
	output.
Grants payable without	These are only recognised in the accounts when a commitment has been made
performance conditions	and there are no conditions to be met relating to the grant which remain in the
	control of the charity.
	Support costs include central functions and have been allocated to activity cost
Support Costs	categories on a basis consistent with the use of resources, eg allocating
	property costs by floor areas, or per capita, staff costs by the time spent and
	other costs by their usage.

ASSETS

Tangible fixed assets for use by charity

Investments

Stocks and work in progress

These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or a reasonable value on receipt.

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

These are valued at the lower of cost or market value.

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts (cont) REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan 24 31st Dec 24

Note 3 Analysis of incoming resources Incoming resources may be further analysed if this would help the reader of the accounts.

Voluntary income Activities for generating funds Investment income Incoming resources from charitable activities	Analysis	This year-24 Last year-23 £ £
	Tithes	70,199.90 75,099
	Offering	5,777.09 4,913
	Buildings	396,583 43,160
	Others	1,500 8,091
	Refund	2,550.04 51
		476,610.03 131,314

		- -
		- -
		- -
		- -
		- -
	Total	- -

		- -
		- -
		- -
		- -
		- -
	Total	- -

		- -
		- -
		- -
		- -
		- -
	Total	- -

Section C Notes to the accounts – 1 January-31 December 23

(cont)

REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan 24- 31st Dec 24 Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

----- Start of picture text -----
Support Fundraising Charitable Governance
cost activity Activity Activity Total Cost
type £ £ £ £
- - -
-
- - -
-
- - -
-
- - -
-
- - -
-
- - -
-
- - -
-
- - -
Total -
----- End of picture text -----

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid,

please enter ‘None’ in the appropriate box (es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid	This year Last year
	NIL NIL

	£ £

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid, please enter NONE in the appropriate box(es).

	£ £ the accounts *paid for any statutory external scrutiny of accounts* *independent examiner or auditor. If nothing was* *opriate box(es).*	£ £ the accounts *paid for any statutory external scrutiny of accounts* *independent examiner or auditor. If nothing was* *opriate box(es).*

Independent examiner’s or auditors' fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor	This year	Last year
	£	£
	600	400

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation- REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st JAN 24- 31st Dec 24

----- Start of picture text -----
Freehold Other land Plant, Fixtures, Payments Total
land & & buildings machinery fittings and on account
buildings and motor equipment and assets
vehicles under
construction
£ £ £ £ £ £
Balance
brought forward - 360,000 16,744 - - 376,744
Additions
- - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers
- - - - - -
Balance carried
forward - - - - - -
----- End of picture text -----*

Note 13 Analysis of resources expended- 1 January -31 December 24

----- Start of picture text -----
This year- Last year-
24 23
Analysis £ £
Costs of Hospitality
generating voluntary 1,310.71 1,216.96
Rent and rate
income
5,146.50 3,531.49
Honorarium-Special Meetings
4,950.00 5,921.99
Minister Conferences and
Meetings 2736.07 1,347.43
Bus Insurance/road tax 1,295.01 1,006.49
Office
Expenses/Internet/Phone 800 457.57
Evangelism/Events
164.66 1,684.35
Stationery & Postage
2,929.04 187.17
Travel/Transport
582.99 494
PWA Planning fees 4,026 570
Sundry Expenses 36 450
Books/training
264.64 1,051.91
Independent
Exam/Professional charges 400 3,615.00
Vehicle Depreciation 3,676 1,740.80
Department/Children 2,200.00 344
Over donation refunds
0 1,800
Estate Agent Fees 4,026 10,000
Building Purchase
Fees/Expenses 4,369.81 0
Media / Zoom Fee 8,000.46 2,917.37
Limitless Registration 4048.70 0
Teens External Conferences 1131.00 0
Church Camping Gear 2407.00 0
54,500.59 38,336.53
WEM
6,623.75 13,637.24
COF
600.12 600.12
Charitable Mission
0 0
activities
Welfare
14,059.83 5,912.01
Area/Zonal Dues 497.33 1,750.00
Area 6 Building Fund 0 13,453.19
Charitable Donations
2,560.20 0
24,341.23 35,352.56
Governance
Cost
----- End of picture text -----

Toial 78,841.82 76,689.09

Contents

REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE STAFFORD

Charity no: 1149055

Respective responsibilities of trustees and examiner

Basis of independent examiner’s statement

Independent examiner's statement

Signed:

Name: Deborah I. Igbinosa

Relevant professional qualification(s) or body

Section B. Balance Sheet- RCCG Harvest Centre Stafford – 1[st] January-31 December 24RCCG Harvest Balance sheet 31 December 2022

Section C- Notes to the accounts: REDEEMED CHRISTIAN CHURCH OF GOD HARVEST CENTRE 1st Jan - 31st Dec24

Note 1 Basis of preparation

1.1 Basis of accounting

Give details in this box if a different standard has been followed.

1.2 Change in basis of accounting

1.3 Changes to previous accounts

INCOMING RESOURCES

ASSETS

Stocks and work in progress

(cont)

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

6.2 Fees for examination or audit of the accounts

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets