No Acz AccouKrANTS Mr Felix Adesola 138 Betterron Road Rainham London RM13 8NII The Red&med Christlan Church OF God Covenart 15 July 2026 Dear Mr Felix Adesola, Accounts for Perfod ended 30104/2026 Please find attathed final accounts for The Redeemecl Christian Churth OF God, Covenant Santtuary for the perfod erthd 3010412026 [Including filleted/abbreviated accounts tf appropdatej. Please revlew the attached carefijlly and ff you are happy that the accounts can be approved please prlnt out a set of each of the attached dcruments. obtain appropriate slgnatures at the foot of each Balance Sheet [and Director5 Report, rf rdevant] and return the signed dctuments to thls office. Please do not hesitate to contatt us rf you have any queries. Your5 SIncely, LUKMON CWNBADEIO Tv4tr Ace Aetoontaots-A of Tw• A¢e Umitsd 11 An¢liA W4y. South Oekendon. RMI5 5FN. Unlted Kin8do rhvne: 01708921404, 1179B4861868 Company R¢zrytr*tlon 841n99
The Redeemed Chrlsuan Clwrth OF God Co¥enantSan¢tuary Charfty No. 1152924 tompn¥ 08W219 Tnts'$ Rep)rt and Unaudlted Acttythts 30Aprfl 2026
The ftedeem Chrlsuan Clwrth OF Go(i Cfftnant Sanctuary Conteots Independent Examinerfs Re Pages Page I
The RedeemÈd chth.an Chutth OF God. Covenart SanctsHry Trustee5 Annual Report Th? trustee, who i6 also a dirErtor oFthe tharrtyforthe PUYW5e5 ofthe Companies Att 2Q)6. presents thelr repon with the unaudtsed finanoal statements of the charity for the year ended 30 ApTII 2026. REFERENCEAND ADMINISTR4TIVE DEfAIiS Company No. 08480219 Chaffty 1152924 Prlnclpal Offl Forest Lane Lodge Forest Lane Park Magple Close Forest Gate London E790E R•81stered Office 138 Bétterton Road Rainham London RM13 8NH Dlrertor and TriBtee The Dirertor ot the charitsble companyare ttsTnwee ftr the purposes of charity law. The following Oirertorand fru5tee sefftd durfn8 the wear. FELIX ADESOLA Trustse forthe tharity in holdlfflgtitle to (harlty prnperty Pastor Fellx Ade501a ster Tokunbo Tejumola Pastor Olukoya SaFami Key Management Personnel Chalr Secretary Deacon Popoola Agbelule p&tor Feltl Ade¥Jla Dea¢on Popoola 4gbejule TWO ACE ACCOUNTAMrs 11 ANGUA WAY sourH OCKENDON RM15 5FN Bankers Barclay5 Bank PLC I Churrhiii Nace London E14 5HP Page 2
The Redeemed Christian Church OF God, Covenant Sanrtuary Trustees Annual Report OBJECTIVES AND ACTIVITIES The prlncipal object is the advanoment of Christian Faith In accordance wtth the ststement of bellets of The Redeemed Chrlstia'n Church of God. and the relief of p0erty. Running Sunflay vlofship 5ervlces and midweek bible study, supportin8 Other charitles and Christian events. The Church's Sunday and mid-week servi5 are open to the general publlc to build on their Christian faith. Apart from It's Church activities, the chartty wa5 involved in the following public benefil efforts.. Had retreats for dilferent natural groups,'Children, Teenagers. Youth and Couples to promote 8ood famity values and responsible people. Our efftirts are gead towards SUPPOrtin8 the pro8rammes of our local communlty., promoting cohesion In our community. and impacting the Ilves of the young people and the elderlv. ACHIEVEMENTS AND PERFORMANCE Holding ourreaches In areas of Interest to our community. such as the care homès. In the year we shared the Joy of Christmas and celebrated the Mothers, day wlth resldents of care home in our community. We gave gifts, song Christmas carol and spent quality time with the fesiden FINANCIAL REVIEW The Church continues to enjoy tremendous growth in its flnanclal. physlcal and splritual Ilfe durln8 the year, and in the advancement of Christlan faith in accordance wlth the doctrlne5 Set out in the statement of fjalth contained In our constitution. The trustees, pollcy is to have un$tcted and uncommltted funds to cover 3 to 6 months ot resources expended. The Trustee is responsible for keeplng proper acGountin8 records that di5¢1ose wlth reasonable accuracy at any time the flnanclal posltlon of the charity and to enable them to ensure that the flnancial statements comply wlth the Companies Act 2CQ6. The Trustee is also respon51ble for safe8uardin8 the assets of the charity and hence tèking reasonable steps for the prevention and detettion of fraud and other Irregularlties. The above pOrt has been prepared in accordance wtth the provlslons applicable to companles subject to the small companies regime as set out in Part 15 of the Companies Act 2CQ6 and In accordance with the Charities SORP IFRS 1021. gn eh ard FELIX ADESOLA Trustee 30 April 2026
The Redeemed Chrlstlan Churth OFGod. Co¥enant 5anrknMry Independent Examlners Report Independent Examiner's Report to the tntstee ofThe Rede Christlan Churth OF God, cOant san¢ary I report.to the cPtaritytnJstee on my exa"rnination of the financlal statements of The Redeemed Christian urch OF God. Covenant Sanctuary forthe year ended 30 April 2026 whith compdse the Statement of Flnanual Attivitie5, the.Summary Income and Expendfture AccounL the Balan Sheet and the related note5. Re5ponsibilftles and basls of repLYt As the trustee land also a dirÈrtorforthe purpose5 of company (awl you are rÈspohsible forthe preparation of the financial ststements in accordance wlth the requirements of the Com"panies Art 2006 (the 2LKt6 A¢t. Having satlsfted myseff thatthe finandal rtatements ofthe thar are not required to be audited under Part 16 of the 2)6 Act and are eligible for independent examination, I report In respect of my examination of vour chartty'5 ftnanclal 5tatemehts as carrled out tbnder section 145 of the Charities Art 20111'the 2011 Act'l. In carying OLrt my examInati I have followed the Dir¢ctions given the Chartty Commlssion under sectjan 14515llb} of the 2011 ACL Ind•pendent examhr's statèment I have completed my ¢xBminatloFk l L>n confirm that rio materfal matters have ¢ome to my atten0 In onnÈction wtth the examinatlon giving me cause to belleve that. ' accoUnng records We not kept in accordance with section 386 of the 2CQ6 Att.. OT thè financial statements do not accord those record5: or the financlal Statements do notcomply with the accoLmtin8 requirements under.settlon 396 of the 2CU6 Att otherthan any requirement thatthe financiaf 5tatsments glve a rue 4nd fairf view which is not a matter considered as part of an independent examinatlon,. or the financial statements have not been ppared in acc¢3rdance wFth thè tharlties SORP IFRS 102). I have no concems and have come across no other matters in ¢onnettfjon with the exomin3tlon to which atténtion should te drawn this report in orderto enable a proper understandiry of the flnanclal Statoments to be aChed. TWO ACE ACCOUNTANTS 11 ANGLIA WAY SOlH OCKENDON RM15 5FN 30 Aprll 2026 Page 4
The ftedeeM chrf$an Churth OF God Covonant Sanctuary Ststement of Flnandal Athitles for the year ended 30 Aprfl 2026 funds 2026 funds Totsi funds Totsi funds 2026 2026 2025 Income and endowments from: Donations and legacies Other 5C¢.994 50.994 73,070 3,297 56,062 76,367 Expendlture on: Charitable attivhies Other 8027 42,195 Sl,022 8.827 46.588 11,489 60,869 Total 4.393 Net 88ins on Investments Net iRcome 4,393 55.415 72,358 Transfers between fvnds Net Income before other 8ainslllossesl Othergalns and l<%ses Net movement In funds Retoncillatlon of fvnd$: Total funds brought torward Totsl funds canied forward (281 675 647 675 647 4,Lk)9 128) 675 647 4.009 92,698 92.698 85.846 91670 675 93.345 89,855 Page 5
The Redeemed Chrl#i•n Churth OF God. Co¥enant SaiKtuary Summary In¢ome and Expendfttre Accwtt forthe yearended 30 Aprfl 2026 2025 Income 56,C62 Gr0$5 Intome for the year Expenditure 56.062 55,415 76,367 72.358 Total expendire forthe year Net income for the year Net income for tl* year 55.415 72.358 647 647 Page 6
The Redeemed Christian Church OF God, C•venant Sanctuary Balance Sheet at 30 April 2026 Company No. 08480219 Notes 2026 2025 Fixed assets Tangible assets Current a55ets Cash at bank and hand 93.345 93,345 93,345 93,345 93,345 89,855 89,855 89.855 P4et current assets Totsl assets less ojrrent IFabllltlÉs Net assets excludin8 pensSon asset or liablllty Totsi net assets 89,855 89,855 93.345 89,855 The funds of the tharlty Restrirted funds Restricted income fund5 io 675 675 Unrestrf¢ted funds eneral funds Deslgnated funds io 92.698 128} 92.670 92,698 Reserves 92,698 io- Total funds 93,345 92,698 These accounts have been prepared in accordance wr(h the speclal provlsions of Part IS of the Companles Act 2006 relatln8 to small companles. For the year ended 30 Aprll 2026 the company was entitled to exem'ption under settion 477 of the Companies Act 2006 relatin8 to small companies. The members have nut requlred the company to obtain an audlt in accordance wlth Section 476 of the Companies Act 2006. The directors acknowledge thelr rEsponsibilities for complying with the requirements of the Companie5 Act 2006 wlth respert to accountlng records and the preparatton of atcounts. Approved by the board on 30 Aprll 2026 slgned on Its behal.f by: FELIXADESOLA Trustee 30 April 2026 Page 7
The Redeemed Chrlstian Churth OF God. Co¥etJart Santtsrnry Statement of Cash flows forthe year ended SO A1 2026 2025 Cash flows from operatlng actsvil Net In£ome perststement of Finandèl A£tiths 647 4.CM)9 Adjustments for. DIdendS. interest and rtsfrorn investments 13,2971 Netcth {used inMpro¥hJ8d by operath8 a¢ll¥ttles 14.4211 712 Cash flows from investln6actlbttles Dividend5, Inrere5t and rents from Invesbnents 3,297 Net ¢ash from In¥estlng atilvities 3.297 Net rash from flnandng artlvlt5e5 Nrtincrease In tash and rash equlyalents 647 Cash and cash equlvalents atthe bethning ofts ¥r 89,855 85.846 Cash and 5h equl¥alert5 atthe end olthe year 90.502 89,855 Componerts of cash and (ash equivalwts C&%h and bank balances 93,345 89,855 93.345 89,855 Pa8e 8
The Redeemed thristian Chur¢h OF God. Covenant S3n¢iuary Notes to the A(%ounts for the year ended 30 April 2026 l Accounting polldes Basis of prwraUon The financial ststsments have been prepared in accordano vth AcCoung and Reportlng by Charitiey. Ststement of Recommended Prattice applitable to ch4rit(es preparing thelr accounts in accordan wlth the Financral Reporting Standard applioble in the UK and Repubfic"of Ireland IFRS 1021 leffecttve I January 20151- ICharltTes SORP IFRS 10211, the Flnancial Reportin8 Stsndard applicable In the UK and Repubttc of Ireland (FR5 1021 and the Companies Act 2(i16. Chan8e In basls of accoun8 or to wlOuS accounts The has been no change to the accountfjng polictes Ivaluation mles and method of"aUnting1 slncE 145t year and no changes have been made to accounts for prevlDVS years. Fund a¢countlng Unrestricted funds These a avallable fv use at the disuetion ofthetrustses infvrtheraft ofthe D¥5ignatsd fvnds leneral objects of the charity. Revaluation funds These are unrestrirted funds eamiarked by the trustee5 for particular purpnses. Thèse are unre5trirted funds which indude a revaluation reserve rEpres?ntina the restatsment of investment assets at their Maet valug These are ardilable for use sublectto rastrirttons Imposed by the donor orthrough terms of an appeal. Restritt¢d funds Income Reco8nition of income Inme Fs Induded in the Statement of Financial Actknties (SOFA) when the charity betomes entitled to, and virtuafy certain to receive. the inrorne and the amount of the income can be measured wrth sufficrent reliabllity. Income with [ed Where income has related expenrfiture the income and retated expthiture b expendlture reported gros5 in the SOF Donations and legacies Votuntsry income recelved way ofaNts. donations and glfts is induded In the the SOFA when receivable and onty whèn the Charity ha5 unwndltional entitjement to the income. Tax redaims on Income from tsx redaims is Induded tn the SOFA atthe same.time ès the donati0rn5 and gifts wft/donation to whlth it relates. Donated services and facllities These are onty induded in rncome Iwith an equivalent amount in expenditu} where the beDefrt to the Charity 15 reasonably quantifiable. measurable and matsrial. Volunteer hel The value of any voluntser help rpceived Is not induded in the accoyn Invg5rment income This ts included in the accounts receivable. Gains/llossE51 on This Indudes anygain or Ioss 5ltIng from revaluing itfvestments to mirket value revaluation of fixed atthe end of the year, GaSns/llossesl on investsnent assets This indud85 arry gain or loss ffi thesa of invesrmen a8e9
The Redeern cttrtstlan Chw¢h OF W Co%ant 5ancttfary Expenditure Recognition of expenditure Expenditure is recniSed on an accruals basis. Expenditure indudes any VAT whlth cannot be fulty recoyered. and is reported è5 part of the expenditure to whlch it relates. Expendtture on raising funds These comprisethe costs ass(ated wrth attractrng volunt?ry Income, fvndralsing Expendire on tradlng costs and investment management costs. These comprise the costs Incurred bythe (harTty in the dellveryof fts attlvltles and charitsble activtties seNce5 in the furtheran of Fts objects, widuding the making of grants and governance cc%ts. All grant expenditure ts actounted far on an actual paid basls plus an accrual for grantsthat have been approved by the trusteEs at the end of the year but not yet pald. Govemance costs These indude those costs assocrated wtth meeting the con5tituti.onal and rtatutory requirements of the Charity. indudin8 any audtttindependent examination fees, Costs linked to the strategic manaymerrt of the Charity. together wlth a share of other administration costs. Other expendIre These are supw)rt costs notallocated to a partitular activty. Grants payable Taxauon The tharrty Is exernpt from corp¢)fation tax on its d)antable attivftie FrÈehold Investment property Investment properties are measured lTrityalty at cost.and subsequently at falr value at each balance sheet date and are notdeplated. All gains or losses a taken to the Ststrment of Financial Actlvitie5 as thev arise. Stscks Stock Is induded at the lowerof costor net altsable valu& Donated item5 of rto¢k are recc8nlsed at falr value which Is the amount the charity w<yJld have been willlng to pay for the items on the open mat1(eL TRdè and other debtors Trade and other debtOf5 are recc8nlsed at the settlement amount due after anytrade discoulltoffered. Prepayments are valued at the amount prepald rt of any trade discounts due. Cash and cash eqi*valents Cash and cash equlvalents.comprtse eash at bank and on hand. demand deposlts with banks and other short-temi highly liquid Invments with orvdinal mabJritie5 of three months orle5s and bank overdraft5. In the ststement oFfiThancial positr¢. bank overdraft5 are shown within borri¥wing5 or current liabllltiEs. In the Ststement of Cash Flows, cash and cash QqUNalts a shown fTret of bank overdrnfts that are repayable on dernand and fomi an intwal partofthe compan$ cash management. Trade and other credito Short term creditors are mèasured at the trart5action price. Other credttors and provision5 are recognlsed where the charity ha.s è prewt obligation ultIn8 from a past event that wlll probably result in the transfer of thnds to a thinl party and the amourt due to settle the obliBation can be measured or estimated reliably. CreditOT5 and provlsions are nom)ally recognised at their settrement amount after allowng for any trade disco(ms due. Page 10
The Redeemed cltiary Church OF God. Co¥want Sanduary Rèseaith a1 development Ekpendlture on research and development is written off in the year whlch It Is incurred. Forelzn wrrende$ Monetsry assets and Ilabilrtres denominated in CunleS otherthan the fijnctional currency of the charity are translated at the ratss of exchange pre¥ailrng at the ènd of the reporting period. Transactions In currencies otherthan the funcdonal currencyof the charity are recorded at the rate of exthange on the date that the transaction ttcurred. All exchange dbfferences are are taken into accountin arrivinB * net tncome/expendtture. Leased assets Where the tharfty entsrs Into a Ivdse whl¢h Èntails taklng Substantial all the risks and rewards of owoership of an assec the lease15 treated as a finan lease. Leases which do not tranrfersubstsntièlly all the risks and rewards of ownership to charity are ¢lasslfied as operating lease Assets h2ld underfinance lease5 a Inltlally re¢Clsed as assets of the chartry at thelr fairvalue at tho Inception of the lease or. if lower. at the preserrtvalue of the minimum lèase payments. The correspondlng Ilabilttyto the tessor induded in the balance sheet date as a finance lease obllgatlon. Lease payments are appprtroned bthn finan expenses and reduction of the lease ob15gation 50 as to achieve a constant rate of interest on the mainIng balan of the liabilty. Finance expense5 are recognised immediatsly, unless they are dlrertiy attriblrtable to qualifyin8 assets. In whith case they Ire ¢apttalised in accordan with the charity's polity on borrowing costs. Assets held under finance leases are dèpreriated in the Sanie way as owned asset Operating lease payments amreco8ntsed as an expense on a stra-lle bosls overthe lease terni. In the event that leasè inortive5 are received to enter into operating leases, such incentives ère recognised as a liabiltty. The aggregate benefft of incerrtpies is reco8ntsed a5 a redurtion of rental expense on a Strai8ht4ine bas Pension t05ts The charity operates a defined corttnbutron plan for its emplcryees. A defined contributton plan Isa pension plan undeF which the company pays fixed contributions into a separate entity. Once the ¢ontrIbuon5 have bEen paid the company has no further payments obligations. The contributlons are recognised as expenses when they fall due. Amourrts not pald are shown in acuuals ITr the balance sheet. The assets o the plan are held separately from the company in independentty admlnlstered funds. Receipt ofdonated 8ood% fadliues and seres All donatsd goods, fèalities and services r1ved are recowsed wtthin IncomthB resources and expendlture at an estimate ot the value to the charity. 2 Company status The rompany 15 a prtvate company Ilmlted by guarantee and corwuertly does Aot have share ¢opftal. Pa8e 11
The Redeemed chrf$an Clxwth OF God Covenant srtUary Notss to the AccourrtS 3 Ststsment ofFlnanrial Actlvlts. wlor year Unre5tr1rted Restrtited funds fvnds Total funds 2025 2025 Income aftd endowments from: Donations and legaties Other 73.070 ,070 3,297 Total 3,297 E¥pendlt¥re on.. Charitable activities Qther 73,070 3.297 76.367 11.489 60,869 Total 57572 3,297 69.(61 3,297 Net Income 72,358 Nèt IrKome fOre other 8alns/(105ses) Othtrgains and losses: Net movement In fi Retonctliation of fund*. Totsl funds brought fonvard Total funds tsrrfed fonwdrd 4.009 85,846 89,855 85.846 89,855 4 Inwme from donations aftd lerdde5 UnrÉ5trl¢ted Totsl 2026 Total 2025 rrthe & Offerlng GIftAid Frotn Govemment 40,197 10,797 50.994 4197 10,797 5Q994 57,418 15.652 73.070 5 Other Income Totsl Total Members Contributton 3.297 3.297 5,C68 Page 12
The Redeemed Chrlstlan Church OF God. Covenant Sai)rtuary Notes to the At(ounts 6 Expendityre on charftabk acti¥ltie5 UnrestriLted Totsl Totsl 2025 2026 Ewenditure on d11t0b Ottivlrie5 RCCG WEM World Evangelism RCCG Central offl and Festival of Life Mission Jppurt 6.528 6,528 10.289 1.2 8.827 8.827 11,4g9 7 1)thèr expendlture T¢Jtsi Totsl 2026 2025 Welfare and Food Bank Motor and travEI costs Premises costs Genèral 8dmlnistratlve costs Legal and professlonal costs iOA63 10,463 IL063 6.179 6.179 13.619 13,747 2.580 46.588 9.659 13.619 9,354 2%0 42.195 12,564 23,471 4,112 60,869 4.393 4,393 8 Staff costs No employee rec@ed emolLrments in excess of £60.IXn. 9 Tangible flxed assets C05t or rv4aluatS0 At l May2025 At 30 April 2026 Depretlatlon and Impairment At l May 2025 At 30 April 2026 Net book¥alues At 30 Aprfl 2026 At 30 April 2025 1.378 1.378 491 491 L869 1,869 1378 1378 491 491 869 L869 Page 13
The Redeemed Christian Churth OF God. Co¥eftant San¢tuary Notes to the Accounts ia Movement in fvnds Incoming ndudln8 other At l May 8aln5/losses Aesouros At30 Aprll expertded 2026 Itestricted funds: Members Contribution 14,3931 Tot(yl Unrestrfrted funds: General funds 14.3931 675 92,698 DesIated funds: Donations and Incomin8 Resources Grant from Government Total 92.698 40,197 10,797 151,0121 IiD.8251 10,797 50x4 151.0221 128) Total fvnds 92.698 56,062 1514151 93,345 Purpose5 and re5trithons in relation to the funds." Restrfrted funds.. Members Contribution Desrgnated funds: Donation5 and Incomin8 Resources Grant from Govemmerrt To be used for ChaTftable Activitses 11 Anatysls of net assets between funds FDr Members Soclal Evw7ts ro èe used for Charitable ActF¥tties Unrestrlcted funds Total Net turrent asse 93,345 93,345 93345 93,345 Page 14
The Redeemed Chrlstlan Chur¢h OF God. Co*nart san<ary Notes to the Accounts 12 Rerondllation of netdebt Atlmay 2025 Cash flows At 30 April 2026 Cash and cash eqfftlents 89,855 89.855 3,490 3,490 93,345 93,345 Netdebt 89,855 3.490 13 Related partydlsdosures Controlllngporty 93,345 The tompany Is fimitsd byguarartee and has no share capitsl.. thus no single party controls the company. Pa8e 15
The Redeemed Chr1511an Churth OF God. Co¥Ènant Sanctuary Detalled Staternent of flT•a•)tial ALtl¥ltle5 forthe year eftded 30Aprfl 2026 d funds funds Totsl funds Totsl funds 2026 2025 Income and endowments from.. Donations and legacies rtthe & Offering Gift AFd From 6ovemment 40,197 10.797 50.994 40,197 10,797 50.994 57.418 15.652 71070 Other Member5 ContrlbLrtton 5,068 5,068 3,297 3,297 76.367 Totsi intome and endovlments Expenditure M: Charitable artivities RCCG WEM World Evangelism RCCG Central offi and Festival of Life Mtssion Support 5.C68 .994 s.8 5Q062 6528 6,528 2,299 8A27 Total of expenditwe on tharltable actJvhles 8.827 IL489 8.827 Other expendlturé Welfare and Fotsj Bank 11.489 10,463 10,463 10,463 10.463 11.063 11.063 Mottr and travel costs Travel and subsisten Fares 4,815 1.364 6,179 4.815 1,364 6.179 9,659 Premises costs Rent 9,659 13,619 11619 13,619 13,619 eneral administrative costs, including depwiation and amorti5ation Equipment expRnsed Retreat Misslon & Evangelism Irisitlro min15 Expenses Soffv4are, ITsuppth and related 12.564 11564 495 495 4393 4.207 2,56D 1393 4207 4,346 2.413 Stationery and printtng Sundry expenses Telephone. f and broadband 195 210 1744 210 2.744 698 13.747 5.(ts6 1,235 9.354 4.393 Pa¥e 16
The Redeemed Chrfsrfan Chwth OF God, Covenant Sanctuary Detalled Statement of Flnancial Ac11leS Legal and professional costs Accountsnry and bookkeeping Other legil and professional Costs 2.230 2,230 2.362 35) 350 L750 Total of expendltUTe of otIr costs Total expendlture Net gains on inStrnents 2,580 4,112 41195 4393 46,588 60,869 5L022 4393 55A15 72,358 Net Income (281 675 647 Net Income befwe other gainsll1oÈsj Other Gal 128) 675 647 Net movement In fvnds 128) 675 647 Rewndjlation of fun&: Total funds brought fonvard Total fvnds carrled forward 92,698 92,698 85.846 92.670 675 93,345 89,855 Pa8& 17