REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS YEAR END 31 DECEMBER 2025
CHARITY REGISTRATION NO: 1153704
REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER CONTENTS PAGE YEAR END 31 DECEMBER 2025
| CONTENTS | PAGE |
|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION | 1 |
| REPORT OF THE TRUSTEES | 2 - 3 |
| REPORT OF THE INDEPENDENT EXAMINERS | 4 |
| STATEMENTS OF FINANCIAL ACTIVITIES | 5 |
| BALANCE SHEET | 6 |
| NOTES TO THE FINANCIAL STATEMENTS | 7 - 10 |
| INCOME AND EXPENDITURE | 11 |
1
REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER LEGAL AND ADMINISTRATIVE INFORMATION YEAR END 31 DECEMBER 2025
CHARITY REGISTRATION NUMBER:
1153704
REGISTERED OFFICE: 15 Slack Road Manchester SE6 4AS
TRUSTEES: Oladokun Kolawole Victor Akinwunmi Akinlotan
ACCOUNTANT
S&V Bond Accountants 4a-6a Hythe Street Dartford Kent DA1 1BX
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER REPORT OF THE TRUSTEES YEAR END 31DECEMBER 2025
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number : 1153704
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
The Charity's objects are:
The main objective of the charity is that of developing, maintaining and promoting Christian faith in the community where charity operates.
The trustees endeavour to the best of our ability to maintain an excellent standard within the charity, with the Charity Commission and within our community
We continue to focus our efforts in our Sunday Schools to teach young children about God and address some of the issues facing them. Our aim is to give the young people in our communities the tools to become responsible adults.
Significant activities
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~ -Bible teaching which is open to all, and thriving Sunday school which is progressing well with children and adults
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~ Friday evening youth group, which is well attended
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~ Trips to the seaside for the elderly and young people
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~ Supporting older and vulnerable groups within the community giving practical support and visiting
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~ Visits to older members of our communities, assisting them in their needs.
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~ Promotion of Healthy Living and Lifestyle.
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~ Supporting other charities
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~ Facilitating community cohesion
During the year we ran a number of new activities including:
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~ Community Breakfast Club
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~ Summer BBQ Eveny
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~ Food Bank
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~ Activities and promote less priviledge children
We making it a part or our social responsibility to foster good relations with each section of our community in order to promote harmony and to enhance the community understanding of each other.
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER REPORT OF THE TRUSTEES YEAR END 31DECEMBER 2025
ACHIEVEMENT AND PERFORMANCE
Charitable Activities
All The Trustees are actively doing their duties.
FINANCIAL REVIEW
Reserves policy
The trustees aim towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.
Principal funding sources
The charity is maintained from tithes, and offerings, gift aid etc
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They 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.
ON BEHALF OF THE BOARD:
............................................. Oladokun Kolawole Victor (Trustee) Date:
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER REPORT OF THE INDEPENDENT EXAMINERS YEAR END 31DECEMBER 2025
I report on the accounts for the year ended 31December 2025 set out on pages five to ten.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors for the purposes of company law) 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(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under Section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
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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 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 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 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 statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts 'to be reached.
………………………………………..
Violeta Kolgegaj AAT
S&V Bond accountants 4a-6a Hythe Street Dartford, Kent DA1 1BX
Date:
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER STATEMENT OF FINANCIAL ACTIVITIES YEAR END 31DECEMBER 2025
| Unrestricted | |||
|---|---|---|---|
| INCOMING RESOURCES | Notes | 2025 | 2024 |
| Incoming resources from generated funds | |||
| Tithes , offering and other income | 2 | 173,581 | 64,981 |
| Grant | 5,000 | 0 | |
| Gift Aid Claim | 15,744 | 11,016 | |
| Bank Interest | 51 | 0 | |
| Total incoming Resources | 194,376 | 75,997 | |
| RESOURCES EXPENDED | |||
| Charitable Activities | 3 | 124,029 | 49,996 |
| Management/Support Costs | 4 | 70,674 | 20,716 |
| Governance Costs | 5 | 3,800 | 1,790 |
| TOTAL RESOURCES EXPENDED | 198,503 | 72,502 | |
| NET INCOME/EXPENDITURE FOR THE YEAR | (£4,127) | £3,495 | |
| RECONCILIATION OF FUNDS | |||
| Prior year adjustment | 0 | 640 | |
| Total funds brought forward | 4,136 | 3,495 | |
| TOTAL FUND CARRIED FORWARD | £8 | £4,135 |
None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2025 other than those included in the statement of financial activities.
The notes on pages 7 to 10 form part of these accounts.
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER BALANCE SHEET YEAR END 31 DECEMBER 2025
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand CREDITORS: due within one year Net Current Assets TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS: Unrestricted Funds |
Notes 8 9 10 |
Unrestricted 2025 2024 20,480 19,840 - - 4,136 640 - - 4,135 640 £24,615 £20,480 2025 2024 £4,135 £640 |
Unrestricted 2025 2024 20,480 19,840 - - 4,136 640 - - 4,135 640 £24,615 £20,480 2025 2024 £4,135 £640 |
2024 19,840 |
2024 |
|---|---|---|---|---|---|
| 2024 | |||||
| £640 |
The financial statements were approved by the Board of Trustees and were signed on its behalf by:
…………………………………….
Oladokun Kolawole Victor (Trustee) Date:
The notes on pages 7 to 10 form part of these accounts.
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER NOTES TO THE ACCOUNTS YEAR END 31DECEMBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements have been prepared under historical cost convention and in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005) issued in March 2005 and applicable accounting policies adopted in the preparation of the financial statements are as follows
Accounting convention
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities
Financial reporting standard number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the charity qualifies as a small charity.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Tithes & Offerings
Income from tithes and offerings, is included in incoming resources when these are receivable Investment Income
Investment income consists of net interest received during the year and accounted for as unrestricted fund
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs.
Governance costs
Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support cost.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Church/Office Equipments 25% reducing balance Motor vehicles 25% reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER NOTES TO THE ACCOUNTS YEAR END 31DECEMBER 2025
| 2. VOLULTARY INCOME Tithes , offering and other income Grant Gift Aid Claim Bank Interest Total incoming Resources 3. CHARITABLE ACTIVITIES Gifts & Donations Ministry expense Hospitality Music Instruments Honorarium Wages Welfare Mission Children Church WEM (Central Office Convention/Camp 4. SUPPORT COSTS: MANAGEMENT Premises, Rent and Rates Travel & Subsistence Office & Administrative Repairs and maintenance Church Equipment Telephone/Website Books Bank Charges 5. GOVERNANCE COST Accountancy & Independent Examination |
2025 173,581 5,000 15,744 51 194,376 15,340 7,446 4,926 16,235 16,697 17,850 5,398 7,050 20,248 1,515 11,324 124,029 30,910 1,758 226 19,478 17,000 1,165 103 35 £70,675 3,800 3,800 |
2024 64,981 0 11,016 - 75,997 6,411 3,295 2,720 5,709 3,000 16,372 4,252 4,150 3,519 568 - 49,996 12,957 1,971 715 4,461 - 253 359 - £20,716 |
2024 64,981 0 11,016 - 75,997 |
2024 64,981 0 11,016 - 75,997 |
|---|---|---|---|---|
| 6,411 3,295 2,720 5,709 3,000 16,372 4,252 4,150 3,519 568 - 49,996 |
||||
| 1,790 £1,790 |
1,790 |
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER NOTES TO THE ACCOUNTS - CONTINUED YEAR END 31DECEMBER 2025
7. STAFF COSTS
There were no trustees' expenses paid for the year ended 31December 2025 for the prior year The costs of the remaining staff were:
Trustees' expenses
There were no trustees' expenses paid for the year ended 31December 2025
| 8. FIXED ASSETS Church/Office Equipments Motor vehicle COST As at 31 December 2024 19,162 - - 19,162 - DEPRECIATION Opening Balance 19,162 - Charge for the Year (4,790) - At 1st January 2025 14,372 NET BOOK VALUE At 1st January 2025 14,372 - Additions 17,000 - At 1st 31 December 2025 £31,372 - 9. CREDITORS : Amounts falling due after one year 2025 Other Creditors - |
Total 19,162 0 19,162 |
Total |
|---|---|---|
| 19,162 (4,790) |
||
| 14,372 | ||
| 14,372 17,000 |
||
| 31,372 | ||
| 2024 | ||
| - |
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER NOTES TO THE ACCOUNTS YEAR END 31DECEMBER 2025
| 10. MOVEMENTS IN FUNDS Unrestricted Funds General Fund General fund for the year Prior year adjustment General fund brought forward Total funds |
Incoming Resources £194,376 |
Resources Expended £198,503 2025 (£4,127) - £4,135 £8 |
Movement in Funds |
|---|---|---|---|
| (£4,127) |
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REDEEMED CHRISTIAN CHURCH OF GOD, CITADEL OF PRAISE, MANCHESTER INCOME AND EXPENDITURE YEAR END 31 DECEMBER 2025
| Incoming Resources: Voluntary income: Tithes & offerings Gift aid Other income Grant Bank Interest Total incoming resources RESOURCES EXPENDED: Charitable activities: Gifts & donations Ministry expense Hospitality Music Honorarium Wages Welfare Mission Children Church WEM (Central Office) Convention/Camp GOVERNANCE COST Accountancy & Independent Examination Legal Costs SUPPORT COSTS: MANAGEMENT Premises, Rent and Rates Travel & Subsistence Office & Administrative Repairs and maintenance Church Equipment Telephone/Website Books Bank Charges Total resources expended Net Surplus |
2025 161,331 15,744 12,250 5,000 51 £194,376 15,340 7,446 4,926 16,235 16,697 17,850 5,398 7,050 20,248 1,515 11,324 124,030 3,800 0 £3,800 30,910 1,758 226 19,478 17,000 1,165 101 35 £70,673 £198,503 (£4,127) |
2024 £ 64,981 11,016 0 £75,997 |
2024 £ 64,981 11,016 0 £75,997 |
2024 |
|---|---|---|---|---|
| 6,411 3,295 2,720 5,709 3,000 16,372 4,252 4,150 3,519 568 0 £49,996 |
||||
| 1,790 0 £1,790 12,957 1,971 715 4,461 - 253 359 - £20,716 |
1,790 0 £1,790 |
|||
| £72,502 | ||||
| £3,495 |