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2025-08-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD JUBILEE CHRISTIAN CENTRE (RCCG-JCC) WOLVERHAMPTON Charity Commission Number 1153212 Company Number 8615776 HMRC Charity Number EW09989

RCCGJCC WOLVERHAMPTON

Annual Reports and Accounts 01 September 2024 to 31 August 2025

1 RCCG-JCC Wolverhampton

Contents

Page Charity information .............................................................................................................................................................. 3 Board of Trustees’ report.................................................................................................................................................... 4 Independent Examiner’s report .......................................................................................................................................... 5 Statement of Financial Activities ......................................................................................................................................... 7 Balance Sheet ..................................................................................................................................................................... 8 Notes to the financial statements ........................................................................................................................................ 9

2 RCCG-JCC Wolverhampton

Charity information

Board of Trustees

Dr Femi Obatomi, Chair Mrs Adebola Kehinde Dr Afua Adu-Boateng Dr Emeka Nnanna Ojijiagwo Mr Seyi Dennis Adeyemi

Pastor-in-charge

Pastor Olutoyin Kehinde

General Overseer

Pastor E. A. Adeboye

Enquiries

The Redeemed Christian Church of God – Jubilee Christian Centre (“RCCG – JCC”) Wolverhampton is a Charity Trust registered by the Charity Commission for England and Wales with registered number 1153212 and address. It is also a limited by guaranteed company with registered number 8615776 in England and Wales. The Charity is domiciled in England and Wales.

Registered address/Place of worship

114 Spring Road Ettingshall Wolverhampton West Midlands WV4 6JT

Accountants

TomFag LLP Chartered Certified Accountants & Registered Auditors 13 Marius Grove Fairfields Milton Keynes MK11 4DH

Solicitors

Wellers Solicitors Part of the Wellers Law Group Tweedy Road Tenison House Bromley Kent BR1 3NF

Bankers

Lloyds Bank Queen Square Wolverhampton WV1 1TF

3 RCCG-JCC Wolverhampton

Board of Trustees’ report

Report of the Board of Trustees of the RCCG-JCC Wolverhampton Church

Objectives and Activities

The objectives of The Redeemed Christian Church of God Jubilee Christian Centre Wolverhampton (RCCG-JCCW) Church are: the advancement of the Christian faith worldwide in accordance with the doctrines set out in the Statement of Faith schedule of the Charity Trust Deed and the relief of poverty. RCCG-JCCW Church is a parish member of the Redeemed Christian Church of God worldwide. The Charity also engages in youth and community development activities in line with the England and Wales Charities Act 2011.

The Board of Trustees is committed to enabling people as possible to worship at the RCCG-JCCW Church and to become part of the Church’s community at Wolverhampton. The Board of Trustees maintains an overview of worship through the Church and makes suggestions on how the services can involve many groups that live within the community. RCCG-JCCW services and worship put Christian faith into practice through prayer, scripture, music, fasting, evangelism and ministration.

When planning the Church’s activities for the year, the Board of Trustees has considered the Charity Commission’s guidance on public benefits and the specific guidance on charities for the advancement of religion. We try to enable ordinary people to live out their faith as part of our Church community through:

Everyone is welcomed to worship with us during our weekly Wednesday and Sunday services. At present, there are average of 600 worshipers with average weekly Sunday Church attendance of over 450 people.

The Church activities during the period include:

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Board of Trustees’ report

Financial Review

These are the annual report and statements of account of the Church showing total incoming resources of £502,147 (2024: £520,612) and total expended resources of £500,160 (2024: £440,069) with net movement of funds of £1,987 (2024: £80,543) carried forward to the next year.

Of the total incoming resources, £377,635 (2024: £387,856) is made up of tithes and offerings donated voluntarily by Charity members and other members of the public. These members are mostly UK taxpayers and they have indicated that the Charity can claim Gift Aid on their donations. A tithe is the 10% of the earnings of members which is voluntarily donated to the Charity. An offering is any other amount donated to the Charity voluntarily for the running of the affairs of the Charity.

There was a total reclaim of Gift Aid amount of £103,432 (2024: £111,467) from HM Revenue & Customs (HMRC) during the period. The Charity is funded entirely by the funds of the Trustees and the members as well as the special donations by members of the public. The net asset of the Charity as at end of the year was £563,006 (2024: £561,019) .

Reserves Policy

It is the Church’s policy to maintain a balance on unrestricted funds (if possible), which equates to at least three months unrestricted payments, equivalent to £10,000, to cover emergency situations that may arise from time to time. The balance in the Church savings bank account matches this target.

It is also in the Church’s policy to invest our funds balances in appropriate investment opportunities as determined and deemed necessary by the Board of Trustees.

Structure, Governance and Management

The names of the current Board of Trustees are shown on page 3. The Board of Trustees is responsible for the running of the affairs and the management of the funds of the Church. They meet regularly to discuss the affairs of the Church as well as the funds, donations and reports received from members and other key stakeholders of the Church.

The Board of Trustees met at least two times during the year with an average level of attendance of 80%. Given its wide responsibilities, the Board of Trustees has several departments each dealing with a particular aspect of the Church’s life. These departments which include Pastorate, Excellent Men, Good Women, Choir, Ushers, ICT, Workers, Children, Transport, Ignited Youth and Welfare, are all responsible to the Board of Trustees and report back to it regularly.

Statement of Trustees’ responsibilities

Charities law requires the Board of Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the Charity and of the income and expenditure of the Charity for that period.

In preparing those financial statements, the Board of Trustees is required to:

The Board of Trustees is 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 with the Charities Act 2011. The Board is 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.

Audit Exemption

The RCCG-JCCW Church is qualified for statutory audit exemption. Therefore, these financial statements are unaudited.

5 RCCG-JCC Wolverhampton

Board of Trustees’ report

Policy and practice on payment of suppliers

The Charity follows “The Better Payment Practice Code” published by the Department of Trade and Industry, regarding the making of payments to suppliers. The Charity’s policy is to agree terms of payment with suppliers and these normally provide for settlement within 30 days after the date of the invoice, except where other arrangements have been negotiated. It is the policy of the Charity to abide by the agreed terms of payment, provided the supplier performs according to the terms of the contract. As the Charity owed no amounts to trade suppliers as at 31 August 2025, the number of days required to be shown in this report, to comply with the provisions of the Charities Act 2011, is nil.

For and on behalf of the RCCG-JCCW,

___ ___ Dr Femi Obatomi Date Chair, Board of Trustee

6 RCCG-JCC Wolverhampton

Independent Examiner’s report

Report of the Independent Examiner to the Board of Trustees of RCCG-JCCW Church

This report on the financial statements of the Board of Trustee for the year ended 31 August 2025, which are set out on the following accounts, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘the Regulations’) and of the Charities Act 2011 (‘the 2011 Act’).

Respective responsibilities of the Board of Trustees and the Independent Examiner

As the Board of Trustees, you are responsible for the preparation of the financial statements. You consider that an audit is not required for this year under the Regulations and section 144 (2) of the 2011 Act and that an Independent Examination is needed.

Basis of Independent Examiner’s report

Our examination was carried out in accordance with the general directions given by the Charity Commission for England and Wales and to be found in the Church Guidance 2006. An examination includes a review of the accounting records kept by the Church and a comparison of the accounts prepared with these records. It also includes consideration of any unusual items or disclosure in the financial statements and seeking explanations from the Board of 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 financial statements present a ‘true and fair’ view. The report is limited to those matters set out in the statement below.

Independent Examiner’s statement

In connection with our examination, no matter has come to our attention:

TomFag LLP Chartered Certified Accountants & Registered Auditors

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Statement of Financial Activities (SoFA)

Income and Expenditure Statements for the period ended 31 August 2025

2025 2024
Unrestricted Unrestricted
£ £
Incoming resources (Note 3)
Incoming resources from
generated funds
Voluntary income 502,147 520,612
Total incoming resources 502,147 520,612
Resources expended (Notes 4-5)
Costs of Generating
Funds
Costs of generating
voluntary income 500,160 440,069
Total resources expended 500,160 440,069
Net incoming/(outgoing) resources before
transfers 1,987 80,543
Net incoming/(outgoing) resources before other
recognised gains/(losses) 1,987 80,543
Net movement in funds 1,987 80,543
Total funds brought forward 560,919 480,376
Total funds carried forward 562,906 560,919

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Balance Sheet 31 August 2025

2025 2024
Unrestricted Unrestricted
£ £
Fixed assets
Tangible assets (Note 6) 505,450 505,693
Total fixed assets 505,450 505,693
Current assets
Debtors 1,350 14,288
Cash at bank and in hand 134,352 141,595
Total current assets 135,702 155,883
Creditors: amounts falling due within one year
8,146
10,932
Net current assets/(liabilities) 127,556 144,951
Total assets less current liabilities 633,006 650,644
Creditors: amounts falling after one year
70,000
89,625
Net assets 563,006 561,019
Funds of the Charity
Trustee fund 100 100
Income fund 562,906 560,919
Total funds 563,006 561,019

For the year ending 31 August 2025, the charity was entitled to exemption from audit in accordance with the Charities Act 2011 relating to small charities and no notice has been deposited.

The Trustees acknowledge their responsibility for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to charities subject to the small charities regime.

The financial statements were approved by the Board of Trustees on: 30 April 2026:

SIGNED ON BEHALF OF THE BOARD BY:

___ ___ Dr Femi Obatomi Chair, Board of Trustees

9 RCCG-JCC Wolverhampton

Notes to the financial statements

31 August 2025

1. Basis of preparation

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:

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.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

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Notes to the financial statements 31 August 2025

2 Accounting policies

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 and Incoming resources from tax reclaims are included in the SoFA at the same time as
gifts 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 facilities These are only included in incoming resources (with an equivalent amount in
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 losses This includes any gain or loss on the sale of investments and any gain or loss
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 Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, e.g. allocating property
costs by floor areas, or per capita, staff costs by the time spent and other costs by
their usage.

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Notes to the financial statements 31 August 2025

ASSETS

ASSETS
Tangible fixed assets for use These are capitalised if they can be used for more than one year, and cost at least
by charity £2000. They are valued at cost or a reasonable value on receipt.
Tangible fixed assets depreciation policy: Depreciated on a straight-line basis
as follows:
Freehold land and buildings
2%
Other land and buildings
4%
Plant, machinery, and motor vehicles
25%
Furniture, fixtures, fittings, and equipment
25%
Payments on account and assets under construction 25%
Investments 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.
Stocks and work in progress These are valued at the lower of cost or market value.
The preparation of financial statements in conformity with generally accepted
accounting principles requires the use of estimates and assumptions that affect the
reported amounts of assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the reporting period.
Although those estimates are based on management’s best knowledge of the
amount, event or actions, actual results ultimately may differ from those estimates.
Impairment on assets
The Charity regularly reviews its debt portfolio and receivables to assess for
impairment. In determining whether impairment has occurred, the Charity
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
ABOVE
considers whether there is any observable data indicating that there has been a
measurable decrease in the estimated future cash flows and their timings. Such
observable data includes whether there has been an adverse change in the
payment status of debtors or changes in economic conditions that correlate with
defaults on assets in the Charity.
Intangible assets amortisation policy: Amortised on a straight-line basis over
four years (25%).
Valuation information and policy: Assets and liabilities are valued at their
realisable values.
Other accounting policies: The financial statements have been prepared on a
going concern basis, which assumes the continued operation of the business in
foreseeable future. If this is not the case, adjustments would be required to value
assets and liabilities at their realisable value.

3 Analysis of incoming resources

2025 2024
Unrestricted Unrestricted
Analysis £ £
Voluntary income Tithe and offerings 377,635 387,856
Special donation and gifts - -
HMRC Gift Aid 103,432 111,467
Other income 21,080 21,289
Total 502,147 520,612

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Notes to the financial statements

31 August 2025

4 Analysis of resources expended

2025 2024
Unrestricted
Unrestricted
Analysis £ £
Costs of generating voluntary
income
Rent
Hotel accommodation
11,783
5,460

3,100
2,372

Entertainment and refreshments 9,029 11,240
Honorarium for pastors and guests 61,250 68,122
Admin and stationeries 198,292 158,380
Insurance 3,916 5,073
Transportation 6,346 5,020
Welfare 7,000 10,209
Charity donations 3,030 6,812
Utility and Telephone 8,884 13,660
Contribution to WEM and central 15,507 23,492
Bank and other service charges 14,015 60
Training and Workshop 450 -
Accountant and Solicitors 1,474 1,234
Salaries and wages 97,782 87,300
Allowance to pastor 36,000 27,500
Other miscellaneous expenses 689 646
Depreciation 19,253 15,849
Total 500,160 440,069
5 Paid employees
2025 2024
£ £
Gross wages, salaries and benefits in kind 97,782 87,300
Total staff costs 97,782
87,300
The average number of employees is 6 (2024: 6)
6 Tangible fixed assets
Freehold Plant, Fixtures, Total
land & machinery
fittings
and
buildings and motor equipment
vehicles
Cost or valuation £ £ £ £
Balance brought forward 522,745 20,240
111,614 654,599
Additions - - 19,010 19,010
Balance carried forward (Note 7) 522,745 20,240
130,624
673,609
**Basis SL SL SL
** Rate .02 0.25 0.25
Accumulated depreciation and impairment
provisions
Balance brought forward 38,624 20,240 90,042 148,906
Depreciation charge for year 10,455 - 8,798 19,253
Balance carried forward 49,079 20,240 98,840 168,159
Net book value
Brought forward 484,121 - 21,572 505,693
Carried forward 473,665 - 31,785 505,450

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Notes to the financial statements

31 August 2025

7 Fixed Assets

2025 2024
Unrestricted Unrestricted
Fixed Assets £ £
Motor vehicle 20,240
20,240
Church office equipment 87,794 68,784
Furniture and fittings 26,831 26,831
Land and Buildings 522,745 522,745
Drums and other musical instrument 15,181 15,181
Computers and software 818 818
Total 673,609 654,599

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