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2025-12-31-accounts

Registered Charity Number 1153787

THE REDEEMED CHRISTIAN CHURCH OF GOD BEESTON

REPORT AND ACCOUNTS

31 December 2025

THE REDEEMED CHRISTIAN CHURCH OF GOD BEESTON

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

Contents

Page Legal and Administrative Information 2 Trustees’ Report 3 Independent Examiner’s Report 5 Statement of Financial Activities 6 Notes to the Financial Activities 8 (inclusive of detailed Income & Expenditure)

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THE REDEEMED CHRISTIAN CHURCH OF GOD

BEESTON

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

Legal and administrative details:

Trustees: Pastor Samuel Dare Adeleke Mr Hanson Ige Ogbu Dr Olubukola Oluyombo Pastor Olutoyin Taiwo Bankers: HSBC The Square Beeston Nottingham NG9 2AN Registered Office: The Redeemed Christian Church of God Beeston No 2 Dunnock Drive Stapleford Nottingham NG9 8JQ Charity Number : 1153787

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THE REDEEMED CHRISTIAN CHURCH OF GOD BEESTON

Trustees’ Report

The Trustees present their report and the Financial Statements for the year ended 31 December 2025. The Financial Statements have been prepared in accordance with the accounting policies set out on page 8 and comply with the statement of Recommended Practice (SORP 2005) and applicable law.

Constitution, Objectives and Policies:

The objectives of the Charity as set out in the Trust Deed, dated 10 June 1992 are:

The principal activities of the Charity are worship and the involvement of the various Ministries and Ministers of religion, propagating Christian tenets to both members and nonmembers of the ministry at various meetings.

To achieve these objectives, the trustees appointed the Board of Ministers. The ministry is involved in Christian Outreach Programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.

Public Benefits:

The ministry has various plans and platforms with the aim of increasing Christian awareness and spreading the gospel of our Lord Jesus Christ, she has emerged a beckon of light, hope, and family to the community of Nottingham, through targeted and organized programme to meet the need of people to enhance their way of life:

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The trustees who served during the year were.

Pastor Olutoyin Taiwo Mr Hanson Ige Ogbu Dr Olubukola Oluyombo Pastor Samuel Dare Adeleke - Secretary

Trustees are appointed by the Board of Trustees.

TRUSTEES’ RESPONSIBILITIES:

Charity Law 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 at the year end and of its incoming resources and resources expended for that year. In preparing those Financial Statements the trustees are required to.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Church leased a large hall for services in the year, carried out some renovation of the hall and acquired new musical equipment.

This report was approved by the board of trustees on 20 July 2026.

Pastor Samuel Adeleke For the Trustees

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Independent Examiner’s Report

Report to the trustees/members of: The Redeemed Christian Church of God Beeston On accounts for the year ended: 31 December 2025 Charity No: 1153787

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:

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:

Name: Joshua Sokoya Date: 19 July 2026

For and on behalf of FORTUNE ASSOCIATES

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THE REDEEMED CHRISTIAN CHURCH OF GOD

BEESTON Statement of Financial Activities For the year ended 31 December 2025

Unrestricted Restricted Total 2025 Total 2024 Notes £ £ £ £ Receipt: Gift Aid Tax Recovery 74,851 - 74,851 50,106 Building Fund - 31,898 31,898 42,048 Grant 2,000 - 2,000 - Donations 9,925 9,925 Tithes, Offering & Thanksgiving 266,119 - 266,119 241,920 Other Income 1,080 - 1,080 12,441 Total Income 353,975 31,898 385,873 362,271 Payment: Support Cost of Activities 8.1 54,161 - 54,161 92,322 Management & Administration Costs 8.2 245,225 75,768 320,993 227,011 Total Expenditure 299,386 75,768 375,154 319,333 Net Income 54,589 (43,870) 10,719 42,938 Fund balances brought forward 99,126 91,649 190,775 147,837 balance carried forward 153,715 47,779 201,494 190,775

The notes on pages 8 to 10 form parts of these accounts.

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THE REDEEMED CHRISTIAN CHURCH OF GOD

BEESTON

Balance Sheet As at 31 December 2025

Notes 2025 2024 Tangible Assets £ £ Fixed Assets 9.0 101,627 29,484 Current Assets Debtors 10.0 112,320 71,690 Bank Balances 2,526 111,787 114,846 183,477 Current Liabilities Creditors: Amount falling due within one year 11.0 (14,346) (17,644) 100,490 165,833 Creditors: Amount falling due after more than one year ( 623) (4,542) Net Current Assets 99,867 161,291 Total Assets 201,494 190,775 £ £ Charity Funds 201,494 190,775

Approved by the Trustees on 20 July 2026 and signed on their behalf by

Pastor Samuel Adeleke Secretary to Trustees

The notes on pages 8 to 10 form part of these accounts.

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THE REDEEMED CHRISTIAN CHURCH OF GOD

BEESTON

Notes to the Statement of Financial Activities For the year ended 31 December 2025

Accounting Policies:

1. Accounting Convention:

The Financial Statements have been prepared under the historical cost convention, in accordance with applicable Accounting Standards and also with the recommendations in the Statement of Recommended Accounting Practice (SORP 2005) Accounting and Reporting by Charities – issued in March 2005.

The Charity has taken advantage of the exemption of Financial Reporting Standard No 1 From the requirements to produce Cash Flow Statement on the ground that it qualifies as A small charity.

2. Fund Accounting:

Unrestricted funds represent unrestricted income which is expendable at the discretion of the Trustees in the furtherance of the objects of the charity while restricted income is expendable on specific purpose.

3. Tangible Assets

Fixed assets costing more than £500 are capitalised and included at cost including any incidental cost.

Depreciation is calculated on the fixed assets to write off the cost of the assets less their residual values, in equal instalments over their expected useful economic lives. The annual rate in use is 25%.

4. Incoming Resources:

Income is mainly from tithes and offering, building funds donations, gift aid tax recovery, grants and interest received are included in the financial statements when received.

5. Resources Expended:

All expenditure is accounted for on an actual basis and has been classified under headings that aggregate all costs related to the category.

6. Taxation:

As a charity, the charitable funds are exempt from corporation tax but not from VAT. Irrecoverable VAT is, in accordance with standard accounting practice, included in the cost of those items to which it relates.

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THE REDEEMED CHRISTIAN CHURCH OF GOD

BEESTON

Notes to the Financial Activities for the year ended 31 December 2025 (continued)

Notes Unrestricted Restricted Total 2025 Total 2024 Receipt: 7.0 £ £ £ £ Gift Aid Tax Recovery 74,851 - 74,851 50,106 Building Fund - 31,898 31,898 42,048 Grant 2,000 2,000 - Donations 9,925 - 9,925 15,756 Tithes, Offering & Thanksgiving 266,119 - 266,119 241,920 Other Income 1,080 - 1,080 12,441 Total Income 353,975 31,898 385,873 362,271 Payment: Support Cost of Activities 8.1 Donations and Gifts 1,517 - 1,517 3,155 Honorarium & Volunteer 9,448 - 9,448 12,553 Central Office & Wem 11,240 - 11,240 14,390 Evangelical/Outreach Materials 2,860 - 2,860 2,940 Pastor’s Welfare 9,600 - 9,600 20,800 Church Expenses 10,678 - 10,678 32,503 Members Welfare & Training 8,818 - 8,818 5,981 T otal Expenditure 54,161 - 54,161 92,322

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THE REDEEMED CHRISTIAN CHURCH OF GOD

BEESTON

Notes to the Financial Activities for the year ended 31 December 2025 (continued)

Management & Administration NotesUnrestricted Restricted
Costs:8.2 £ £
Rent & Rates 44,610 -
Insurance
17,141 -
Building Project Expenses - 75,768
Telephone 1,822 -
Motor Expenses 8,750 -
Accountancy Fees 2,564 -
Wages & Salaries 54,545 -
Depreciation 23,138 -
Bank Charges
482 -
Employer’s Pension Contribution 2,358 -
Interest Expense 192 -
Legal & professional fees 1,535 -
Light & Gas
10,744 -
Other Expenses - -
Church Admin77,344 -
245,225 75,768
Tangible Assets9.0
Fixed Assets Motor Musical
Vehicles Equipment
£ £
Cost 01.01.2025 37,50232,173
Addition - 67,780
Cost 31.12.2025 37,502 99,953
Depreciation 01.01.2025 19,14223,271
Charge for the year4,590 13,199
Depreciation 31.12.2025 23,732 36,470
Written Down Value 31.12.2025 13,770 63,483
Written Down Value 31.12.2024 18,360 8,902
£
10.0 Debtors: Loan to Church members 112,320
11.0 Creditors: £
Bank Loan 3,700
Other Creditors11,268
14,968
Total 2025 Total 2024
£ £
44,610 73,482
17,141 11,110
75,768 2,074
1,822 3,982
8,750 10,644
2,564 3,200
54,545 12,960
23,138 14,490
482 522
2,358 173
192 334
1,535 -
10,744 5,103
- 1,275
77,344 87,662
320,993 227,011
Fixtures/ Total
Fittings
£ £
9,452 79,127
27,500 95,280
36,952 174,407
7,230 49,643
5,349 23,138
12,579 72,781
24,373 101,626
2,222 29,484
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