Registered Charity Number 1149691 Report of the Trustees and Unaudited Financial Statements For The Year Ended For The Year Ended 31st October. 2025 Redeemed Christian Church of God His Glory Arena
Redeemed Christian Church of God His Glory Arena Contents of The Financial 5tatement5 For The Year Ended 31 st October. 2025 Page Report of The Trustees Independenr Examiner's Report Sraiemenr of Fi nancial Activities Balance Sheet Nores ¢0 rhe Financial Siaremenrs Deiai led Statement of Financial Activities
Redeemed Chrirtian Churth of God HIS Glory Arena Report Of The Trustees For The Year Ended 31rt October, 2025 REFERENCE AND ADMINIffliATIVE DAll5 Charity Number: 1149691 Chairnian: Mrs Oluwakemi Olabisi Austen-okoronkwo Principal Address. 102 Barnfeild Gardens Plumstead Common Road London SEI8 3QY Trustees MODUPE ADEDERO ADEDOKUN ADEYEMI ADEKUNLE MOROMOKE OGUNBADEWA Mrs Mabel Omokoya Foy-yamah Independent Exarnlner Adonai A550ciates 50 King Alfred Avenue Catford. London, SE6 3HP Bankers HSBC
Redeemed Christlan Church of God His Glory Arena For The Year Ended 31st Ottober, 2025 ADONAI Independent EXaMineS Report To the Trurtees %oK IXfQRfAED 50Lu1{4S RE0151tsEIHENu.FcI$53S}7O I report on the account5 for the year ended 31st October. 2024 set out on pages four to eight. liespertive Responsibilities of Trurtees and Examiner The charity's trustee5 a responsible for Lhe pr=paration of the accounts. rhe charity's tru5tpes consider that an audit is not required for thi5 year (under Section 144(21 of the Charities Act 2011 (the 2011 Actll and that an independetit examination is required. The charity's gross income does not exceeded £250.000 and i am qualifieo to undertake t.he examination by being a qualified member of ACCA. It is my responsibility to= examine the account5 under Section 145 of the 2011 Act to follow the procedure5 laid down in the General Directions given by the Charity Commission lunder Section 14515)Ib) of the 2011 Act).. and to state Kvhether particular matter3 have cotne to my attention. Basis of the Independent Examine45 Report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination Tncludes a review of the accounting record5 kept by the charity and a comparison ol the accounr5 presented with th05e reiords. It also includes consideration of any unusual itÈtns or disclosures in Ehe accounts, and seoking explanat¢on5 from you as trustees concernins a*y such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit. and £on5equently no opinion is given as to whether the accounts present è 'true and fair view below. and rhe report is limited to those matters Set out in the statements Independent Examiner's Statement In connection with my examination. no matter has come to my artention_' 11 wnich give5 me reasonable cause to believe that. in any material respect. rhe requirement5 which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been mel- or 21 to which. in my opinion. attention should be drawn in order to enable a proper understanding ol the accounts to be reached. Abiodun Adeboyejo (ACCA.ACA,AAIAJ Association of Chartered Certified Accountants 50 King Alfred Avenue Catford . London ate.. ..At)ONAi Associates (UK) Ltd ACCOUNTANCY, TAXATION AND MANAGEMENT CONSULTANCY SER VICES 50 King Alfred Avenuo, Carford London SE6 3HP. Tel.. 02033719334. Fax.. 0203002395E Mobile.. 07940060159 http'.l/www.adonaiassociates.co.uk ACCA FIIIANCIAL ACCOUNTAFIT5'
RedeeTned Christian Churth of GCKI His Glory Arena Statement of Financial AttNiti For The Year Ended 31st Ortober 2025 2025 2024 Total Total Fund Unrestricted Restricted Fund Notes Income Resources Incoming Resour$ From Generated Funds Voluntary Incom Other Income 34.228 34.228 21,253 Bank interest received 63 63 34.291 25 Total Income Resources 34.291 21.278 Resources Expended Charitable Activities Physical & Spiritual Need Governance Costs 18.100 18.100 12.973 850 850 850 Total Resource5 Expended 18.950 18.950 13.823 NEf INCOMING RESOURCES 15.341 15.341 7.455 RECONCIrI0N OF FUNDS Total Funds Balances b/fwd 9.934 9.934 2,479 Total Funds Balan¢es rjfwd 25.275 25.275 9,934 The Notes Forni Part of These Financial Statements
Redeemed Christlan Churth of God His Glory Arena Balan Sheet as at 31 October 2025 2025 2024 Unrestricted Funds Notes Total Funds Total Funds CURRENT ASS5 Debtors Cash at bank and in hand 1.355 38.245 1.355 38.245 21.023 CREDETORS Amount5 Falling Due within one Year 2.716 2.716 1.160 NFf CURRENT ASSFrs 36.884 36.884 21.543 TOTAL ASS$ LESS CURRENT LIABILITIE5 36.884 36.884 21.543 21.543 NEf ASss 36.884 36.884 Unrertrided Fu Unrestricted Funds 36.884 21,543 TOTAL FUNDS 36.884 21.543 The financial statements We approved by the Board of Trustees on... were signed on its behalf by= -and Approved by Board of T.rustees (For The Trustee) The Notes Form Part of These Financial Statements
Redeemed Chrf5tlan Churth of God HIS Glory Arena Notes to the Finanaal Statemenlss for the year ended 31 October 2025 ACCOUNTING POUCIES Accounting conventlon The rtnanctal statements have been pPared under the historical cost convention. and in accordance with the Financial Reporting Standard for Smaller Entitie5 (effective January 20151. the Charities Act 2011 and the requirements of the Statement of Recommended Practice. Accoynting arkd Reporting by Charities (issued july 2014) Incorning resources All incoming resources are included on the Statemetkt of Finanaal Activities when the charity is legally entitled to the incorne and the amount can be quantifred wtth reasonable accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headin¥5 that aggregate all cost lated to the category. Where costs cannot be directly attributed to partiojlar heading5 they have been alloc2ted to activities on a bas1$ con5irtent with the use of resources. Grants offered Subject to conditions which have not been met at the year end date are noted a5 a comtTritment but not accrued as expenditure. Tangible fixed assets Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unre5tritted funds can be used in accordance with the charitable objectives at the discretion of the tnjste VOLUNTARY INCOME. 2025 2024 Tithes. Offering & Thanksgiving Donations Thanksgiving Welfare Fund Building Fund Bank interest received Gift Aid 34.228 21.253 63 25 34.291 21.278
Redeemed Chrirtlan Church of God Hi5 Glory Arena Notes to the FlnatKial Statementss for the year ended 31 October 2025 2025 2024 Other Grants 2 GOVERNANCE cOs 2025 2024 Accountancy 850 850 850 850 for the year ended 31 December 2014 Trurtees, expenses The average monthly number of employees during ihe year was as f 2025 2024 3 Debtors . Amounts Falling Due within one year 2025 2024 Other debtors 1.355 1.355 1.680 1.680 4 CredÉtcvs: amounts falling due wlthin one year 2025 2024 Trade Creditors Accruals Accounts 760 400 2.716 2.716 1.160 9 OPERATING LEASE COMMITMENTS Expiring.. Between one and five years Net Movement In Funds Movement In Funds At011124 At311025 General fund 21.543 15.341 36,884 TofAL FUNDS 21.543 15.341 36.884 Incoming Resource5 Expended Movement in Funds
Redeemed Christian Churth of God His Glory Arena Notes to the Financial StatementSS for the year ended 31 October 2025 Unrertrlcted funds General fund 34.291 18.950 15.341 Total Fund 34.291 18.950 15.341
Redeemed Christian Church of God His Glory Arena Detailed Statement Of Financial Activities For The Year Ended 31rt October. 2025 2025 Total Fur 2024 Total Fund INCOMING RESOUKCE5 TithÈs & Offering Bank Interest Received Total Incomlng Resouros 34.228.(XJ 21.253.00 25.00 21.278.00 63.00 34.29100 RESOURCES EXPENDED Charltable Actlvitle5 Donations & Gifts Subscription WEM & Central Funding Printin8. Posta8e & Stationery Church Expense5 Members. kvelfare and training 350.00 200 00 412.00 i.000.00 i.ooo.00 108.00 3.230.00 2.585.00 5.963.00 3.785.00 Governan(e Costs Accountancy Fees 850.(K) 850. 850 00 850.LK) Support Costs Management Rent & Rates Bank Charge5 Insurance Telephone & Intemet Repairs & Maintenance Motor expenses 9.850.IK) 603 (X) 8.390.00 252.00 1.196.00 254.IX) 26.00 234.00 520.00 12.137.C 9.188.(X) TufAL RESOURCES EXPENDED 18.950.00 13.823.00 INCOME 15.341.00 7,455.00