COMPANY REGISTRATION f4UMBER: 08713517 CHARrrf REGISTRATION NUMBER: 1154136 The Redeemed Christian Church of God Testimony Chapel Company Limited by Guarantee Unaudited Financial Statements 31 March 2026 Chartered Certified Accountants 472 BEARWOOD ROAD SMETHWICK WEST MIDLANDS ENGLAND B66 4HA
The Redeemed Christian Church of God Testimony Chapel Company Limited by Guarant6e Financial Statements Year ended 31 March 2026 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees statement of financlal activities (Including incotne and expenditure account) stalement of financlal position statement of cash flows Noles to the financial statements Tha followlng pages do not forni part of the financial statements Detailed statement of financial activities 16 Notes to the detailed statement of financial activities 17 Godfrey Massa
The Redeemed Christian Church of God Testimony Chapel Company Umited by Guarantee Trustsos. Annual Report (Incorporatlng the Dlrectorfs Report) Year ended 31 March 2026 The trusl8e5, who are also the directorg for the purposes of company law, pre$6nt their rewrt and the unauditj financtal staements of the for the year 6nded 31 March 2026. Rofergnca and admlnlstrallve delails Reglstered charity name The Redeemed Chri51ian Church of Gcd Testimony Chapel Charity reglstration number . 1154136 Company reglstratlon numbgr 08713517 Prfnclpaf offl¢g and regEstered 18 SHAPINSAY DRWE offlce RUBERY-REDNAL BIRMINGHAM WEST MIDLANDS B45 OHN UNITED KINGDOM The trustees MR DO DURO-FOL4RIN MRS FC OLANM MRS OWOKiE Company Sretsry LAWAL ADEJINMI AKINTOLA Independent oxamlner GM AccouKfANCY 472 BEARWOOD ROAD SMETHWICK WEST MIDLANDS ENGLAND B86 4HA Godfrny Massa
The Redeemed Christian Church of God Testimony Chapel Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (conrfmi Year ended 31 March 2026 Slructurep govomance and managgment In July 1909, a son was tx)rn into the Akindayomi fam1 of Ondo Stale of Nigerfa. Even though Ihls child grew up surrounded by idol worshippers. he knvw there exLsted a greater sy)wer and yearned to know, The God who ated the earth and everyone on it.. pursuit for God le¢J him lo the Church Missionary Socioty where he was baptlzed in 1927. Still spirfknally un[u1118d. Joined the Cherublm and Seraphim church in 1931. Whilst there, he tegan to hear a voice within hlm sayng, 'You wll be my servant.. Since this was not hi8 inlenthM. he deckled to ignore the voice. Thls went on for seven years during whlch all the lyjsiness ventures that he til resull8d Into fallure. In debt and wlthoul peace of mind. he found himself totally dependent on the grac8 of G. Here marked the beglnnlng of definite relatlonship wlh GcKI.Tolalty broken. he saying, "Lord, I wlll go wherevor you watst ¥ne to go." He asked for signs to c(yrfirm that this was indeed God'l call. The ¢onfirmatbn came thpugh the Bible passages of Jeremiah 1'.4-10, Isaiah 41=1113 and Romans 8.'29a1. The Lord assured hlm that He would provide for all his needs. as he Wld rKJl re1ve any salary from that polnt on. This proved to be a rxjmfortlng reminder during the trIS in th8 months ahe*J. He became marfed in 1941. He conunued to worship with the Chenjblm and Seraphim. In 1947, he started lo become concerned that the church departing from the Inje Word of God in some of ils practices. By 1952, he fell totally persuaded lo leave the Church. He started at Wlloughby StreeL EIte-metta, Lagos a hou58 fellowshlp ¢alled, the Gkny of God Fellowship. Initialty there re nlne members but bèfore long th8 fellowshlp rapldly grew as th8 new5 of th8 mkacles that ocuJrr&J in thelr mldsl spread. Pa AkIndal also had a visK)n of words thal appeared to be written on a blkb0ard. The words were "The Redeemed Christ Church of God.. AMazirVJ. Pa Akindayomi who could wt read or write w88 supernaturally able to write these words (k)wn. In this VIsatiOn, G1 also said to hlm that thls church would go lo the ends of the earth ar)d that the Lord Jesus Christ appeared In glory, He would meet the Church. The L(Yd then estsbllshed a covenant %Mlh Pa Akn"ndayomi. synonymous to the Abrahamic covenant in the BiFAe. He said thal He the Lord would meet all the needs of the Church In an awesome way if onty members would serve Him faiimully and be obedient to His wd. It is uwn .Jlhis covenant that the Redeem¥ Christian Church of God was UIIL
The Redeemed Christian Church of God Testimony Chapel Company Llmlted by Guarantee Trustees. Annual Report {Incorporatlng the Directorfs Report) (conynuod) Year ended 31 March 2026 Objecttves and a¢tivltl95 OBJECTIVES AND ACTIvlEs Oblectives and aims THE REDEEMED CHRISTIAN CHURCH OF GOD, TEsfiMONY CHAPEL @ WEST BROMWICH, BIRMINGHAM Is one of the over 99) Parishes of this MiSsn in the United Kingdom, it is an am) of THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) CENTRAL OFFICE. United lfjngdom. THE REDEEMED CHRISTIAN CHURCH OF GOD. TESTIMOMY CHAPEL @ WEST BROMWICH which was establlshed on 1 Oth June 2(NJ7 from the then ea Headquarters under Pastor Joshua Alake who is now a Pmvinoial Pastor had tts first place of wot6hip on High Street, West Brom1Ch with 10 members. Pastor Adejinmi Akiotda Lawal is the founding Pas lo'date. Thls Parish Is a Registered Charlty wtth Trustees. and the of the Parish and is still the Pallor arish Pastor Is the Secretary to the Church Trustees. The Trustees members are the main deasioll-making persons for the day lo day running of thls Parfsh. This Parfsh has had its ups and downs txft to Gcll be the Hks faithfiJlne88 as we are. still marching forward despite the challenges. OUR PRIORITIES,. 1. We deske to worshlp God in Swrll In tnrth in cmjr privale and public worship. The Lord ONLY shall be the object of our worship. We seek lo hear from God arKI also desire the presence of HIS Llory in our gatherings - l Kiros 8.11: 1 Chronldes 16'.29", Psalm :6.. John 4'.2&24,' Revelatlon 22.9. 2. W8 desire to Ilve holy and sanctified life such that at any time we a alle to hear from God directly and receive His EAessings - Psalm 16.1-2,. Levrtws 11.45". 1 Corinthians 1'.30.' 11 Corlnthians 7..1., 1 Thessalonians 4..3., HeewS 12.4. 3. We desire to b8 8Jl the time5 by the Spirit of God such that we are able to do only His wtil - Romans 8:118. 12'.1-2' Ephesians 5-17- 6-6. We want lo teach and leanfi. the Word of Gc*J in the •. awnting of the Holy Spidi for edific2llon, refreshing, encouragement and ojmfort - Isalah 21; Matth8w 28.'19-20: Romans 15'.4', 1 Tlmothy 4..13,' 11 Timothy 2..2. 5. gives opportunity for tho adv8 e want to txjikl a Church of.qpd yith our spirttupl gWts a5 the lord ment of the kin0M of G(xl aijd the spiritual growth of members - Romans 13.'34,. I Corlnlhiang 3-6-9- 12'.7- Ephesians 4..11-12. 6. We also want lo build a Church where blessings and burdens are shared for the of God through interpersonal ministy and servlce that will enhance spiritual and sc¢ial enrlchment of indNidual membws- Co10s5ians 3.'16,' John 4.'36. 13.13-15. 17,. Galatians 6.9-10.. Ephesiarts 4.29,. HelKews 13.16. We have had our pemianent plaGe of Nw)rship (on Lease) at 151 Hlllop. Wednesbury Road. B70 OSB, West Bromwlch - a pl we opened by faiih, arKI we have expended resour$ )th human and flnancial. However. a nobce of vacating the pr wasserved to us by our Landlord - The Church of England we eventually18ft on 30th September 2023 for a new pla(E of Worship cited at ASDEN HOUSE. 1-5 Mctoria Stre81, B70 8ET, West Bromvrith, Birminghain. We have expended so much In thi5 new place of worship such as: 1. Construction of th maie and female loilels. 2. Partitlonlng lo Creat layout 2nd spaces for our numerous actwihes of wShip. 3. Continwus repalrs and amendment8 to suite our pUrSe9 Rewrt of the Trustees for the Year 31 March 2026 To God be the glory as He adds to us by th8 day spirrtually and numerically. We can convenl8nlJy cx)unl 120 regular attendees and 180 on thanksgrving Sunday (tK)th and young). Godfrey Massa
The Redeemed Christian Church of God Testimony Chapel Company Limited by Guarantee Trustees. Annual Rèport (Incorporatlng the Directorfs Report) {¢onthiuod) Year ended 31 March 2026 FUTURE PLANS: In conforniity of the vision of our Genèral Overseer- Pastor EncK* Adelare Adeboye. we want lo havo a touch on our community and take every famty thern and beyond for Christ In Obeisa to God's command that we should go lo all parts of the wcffld, preachlng the - John 16'.16. In the light of this, this Parish has planted TWO new Parishes SIre InptIon. These Parishe5 are.. (il RCCG HIS Dwelling Place planted 13th May 2013 pastored by Pastor Emmanuel Folarin. (li) RCCG The Klwdom Chapel Flanted 18th December 2016 pastored by past Taiwo Burairnoh. (iii) WE PLAN TO PLANT ONE OR TWO PARISHES IN DUE COURSE AS THE LORD HELPS US. (iv). We are at the verge of oulrfghly wocurlng our pemianent FAace of hip is atlt 75% done. MAJOR PROJECTS: As inenlloned above, have MOV to a new of vhxship on a &Year Lease i. As usual, we have embarked on $erlou$ renovation of the new woperty to meet the needs of a Church. Ihls has cost us close to £60,(KIO and ils still ongoiro. il. We have constructed brand new Toi16ts for both mal8 and female and also made loads of inlema partilK)ning lo meet for our use. iii. Our Church has been granted Certlfi¢ale to operate as a Hace of Worship by Sandwell Bcirough Coundl on 51h March 2024. v. Our Parlsh ha$ lust Joined Sandwdl Faith Nelwork to be involved in the betterment of our Church In partl¢ular and the Community in gOr. IA. We are rK)w irwolved in periodic Fo¢JJ Bank, Health Talk and support for the less privileged In our envFronment vii. We are woposlng lo rea¢e our older Trustee members for new ones. sned.. Pastor Adejl Parlsh Pastor Stratoglc rgport The foifowlng Sections for &hl&vefflents and perfiym8nce and finarKya review form the stralegl¢ report of Ihe charlty. The trustees. annual repi)rt and the Strateg report wwe aptxoved on 28 A1 2026 and slgned ¢ behalf of the board of trustees by. MRSF Trustee OLANIYI Godfray Massa
The Redeemed Chrlstian Church of God Testimony Chapel Company Limited by Guarantee Independent Examinerfs Report to the Trustees of The Redeemed Chrlstlan Church of God Tesllmony Chapel Year ended 31 March 2026 I report to the trustees on my examlnatk)n of the financial statements of The Redeem1 Christian Church of God TesmOnY Chapel (Ihe (witrf) fw the year end 31 Marth 2026. R8spon8lbllltles arKI basls of report AS the trustees of the company land also ils direclors f(x the purposes of company lawl you are responslble for the preparatlon of the financid statements in accordance wth the requirements of the Companles Act 2006 {'the 2006 A¢YI. Hawng satisfied myself lh th& a(t4)unts of the comparby are not required to be audited under Part 16 of thq 2006 Act and are eligible for Inflependent examinatK)n, I repCt11n respect of my examination of. the Gharit5 acc(xJnls as rrIed out urthr secth)n 145 of the Charities Act 2011 ('the 2011 Act'}. In carryiro out my examination I have followed tho Directw)n5 given by the Charity Commlssbn under sedon 145(5){bl of the 2011 Act. Independent examlnerfs Statement I have completed my examinatiw. I confrm that no matters hav8 (£rfne lo my attenlK)n in nneCtIOn with the examlnation me cause to bVe. a¢ccwnllng re¢ord$ wwe not kept in resF* of fv charfty as required by section 386 of the 20( Act: the fiwid81 statements do not accord Y•ith th)se rdS,. or the finanaal 8tsteMrtS do rK)t CoMY with the accounting requlrements of section of the 2006 Act other than any requirement that th8 cnts give a 'true arKI fairf view which Is not a matter (x)nsidered a part of an irepen(JenI examin lion., or Ihe financial statements have not been prepared In actordance with th8 methods and prinpIeS of the Statemqnt of Recommended Practica C axounling and reporting harities aPIcate to charities" weparlng th81r accounts accordarKe vth tho Financ1 Reporting Standard applicable in the UK and Republic of Ir8land (FRS 102). I have no concems arKI have come rosS no maiters In nn9CtIOn wth the eXamInatK to which attention should be drawn in this repcrft In order to enable a proper understanding of the accounts to be éssfj Independent Examiner 472 BEARWOOD ROAD SMEfHWICK WEST MIDLANDS ENGLAND B66 4HA Godfrey Massa
The Redeemed Christian Church of God Testimony Chapel Company Llmlted by Guarantee Statement of Flnanclal Actlvities (including Income and expendlture account) Year ended 31 March 2026 2026 unres1& funds Total fund8 Total funds 2025 Income and endovlments t%)natlons and legac5 Total In¢om¢ 89.080 89,080 80,638 80,638 89.080 89.080 Expendlturo Expenditure on chadtable activlues Total expenditure 129,74 129,740 75,868 77,171 75,868 77.171 Nat Incomo and net Mov0nt In funds 13.212 3,487 Recondliation of funds Total funds brought forward Total funds ¢arTled forward 45.469 45,469 42,2 45,469 4,809 4,809 The stalemenl of financial activities Ind&$ all gairts and losses re(wnised In the year. All In¢ome ané expenditur6 derlve frcffl Ix)ntinuiw acllvrtses. Tho notss on pays 9 to 14forni pgrt ofth¢8e financlal 8tatoments. Godfrey Ma88a
The Redeemed Christian Church of God Testimony Chapel Company Llmlted by Guarantee statsment of Financial Position 31 March 2026 2026 2025 Flxed assets TanglEe fixed assets 10 54,085 54,085 Currenl agsets Cash at bank and tn hand 4,5 Croditors: amounts falllng due wlthln one yoar Net ¢urrent assotg 12 8,616 (8,616) 45,469 4,596 Total as$ots1osg current Ilabllltles 58,681 Funds of the charfty Unre51ricted funds 4,809 45,469 45,469 Total ¢harlty funds 13 4,PKJ9 For the year erKllng 31 March 2026 the charfty vrds entitled to exemptlon from audlt under section 477 of the Companies Act 2(KJ6 relating to small companles. Diredors, r6sponslblllUes: The Nember8 have not requlr&J the o)mpany lo obtain an audit of its finan(ial statements for the year In question in accordance section 476; The directors acknots89e their responslbllittes for )MPryrwJ wth the raqulrements of the Act th respect to nting rec4xds and th8 prepara1yon offinanaal ¥atemenls. These Inanoal staiem8nts have beeii wepared in accordarKe with the provl$k)ns applicable to companies Subs to the smdl companies. r&Jime. These ftnancial statsments were apwoved by the iM)ard of trustee5 aitd authorw for 18sue on 28 April 2028, and are swed on behalf of the board ty. MRS Tho n¢)tss on pao•$ 9 to 14 forni part ol these flnandal statement& Godfrey Mas8a
The Redeemed Christian Church of God Testimony Chapel Company Llmited by Guarantee statement of Cash Flows Year ended 31 March 2026 2026 2025 Cash flows from operatlng actlvlti Net income 13.212 3,467 Chang8s h.. Trad8 and other debtS 5.138 8,605 8,605 Cash generated from op8ralior Net cash from operating activitles 13,212 13,212 Cash Ilowè from Inv8stlng aGtlvltles Purchase of tsngible assets Net cash used in investiry actiwti88 {22,593) (22,593) Nel Increase1{de¢ro) In ¢ash and ¢ash ¢qulval¢nts Cash and cash ¢quivalont$ at beglnning of year Cash and cash 9qulvalgnts at end of year 13.212 {8.616) 4.596 113,9881 5,372 (8,616} 11 The notes on pages 9 to 14 forni part of these flnanclal statemonts. Godfrey Massa
The Redeemed Christian Church of God Testimony Chapel Company Limited by Guarantee Notes to the Flnanclal Statements Year ended 31 March 2026 G6n8ral Inforniallon The charity a public berfft entity arKI a ptNate company limil&J by guarantee, registered In England and Wafe5 and a registered charity in Eand and Wales. The address of the registered office is 18 SHAPINSAY DRIVE. RUBERY41EDNAL. BIRMINGHAM. WEST MIDLANDS. B45 OHN. UNrrED KINGDOM. Statomont of Compllanco These financial slatemenls have been prepared tn o)mtAianc8 With FRS 102. The Flnancial R8POrting Standard appllcat4e in the UK and the Republlc of Ireland., the Statement of Racommended pract1 8ppli¢aUe to arlI preparfro their actounp in accordance wih the Financial Reporting Standard applica9 in the UK and RetMJLl¢ of Ireland (FRS 102) (Chariligs SORP (FRS 1021) and the Companies Act 2006. Accountlng pollcl Basls of pieparatlon The financial statements have been prepared on the histrical c09t bagts, as modmed by the revaluation of certaln fInan21 assets and Irabilities and investmanl propertie8 measured at falr value through Income or expendthre. The financlal statements are wepared in sterflrwJ, Is the funLional (#Jrrency of the entity. Golng concorn There are no Materf unL*lainties aLKl th8 charitys abllty to ojntlnue. Fund pccountlng Unrestricled funds a avallabte for use at th8 dig(¥etion of the trusi888 to further any of # chariws purposes. De8lgnated funds are unrestri¢ted funds eannarked by th8 InJstee8 for parth)JlarfLtture project or commitment. Restr181 funds are subjected to reSOnS on thelr expenditure deC1w by the donN or through Ihe iemis of an appeal, and fall into one of Iwo sul>das$es: rostrlcted I)me funds or eDdient fijnds. Godlr8y Massa
The Redeemed Christian Church of God Testimony Chapel Company Llmltsd by Guarantee Notes to the Flnancial Statements (ron Year ended 31 March 2026 Accountlng poll¢les {¢ondmt¢ Incomlng resour¢¢s All incoming resources are included in ts siement of finanda &tiYitles when entill8mtsnl has passed lo the charity., it is probatAe ttt the e(X)rKK benefits asscKiated wth the transaction wlll flow to the charity and the amounl can reliaiAy measured. The following specific policies are applied to particular CategleS of iThx)me: income from donations or wants is reniSed there is eviden of entitlement to th8 grfL receipt is pyobable 8fKI its amounl Gan be measured rdiably. legacy income is recogntsed kn recipt ts wobalAe and entffjemenl Is established. Income from donated pjds Is measured at the falr value of the g(M)ds unless Ihls 15 ImpraCtr to measure reliably. In whkh (xse the value is derwed from Ihe Gost lo the donor or the estimated resale value. Donated faCIleS and servKXS are retsgnised in th8 accounts when received rf the value can be rdiabty m&%ured. No amounts are induded for the conlribulion of generai volunteers. Income from Contracts for the SU of S*$ ts rgnISed hth the delNery of the ¢ontrart& Service. This Is Classd as unrestrkted fur$ unless there is a cantraclual requiroment for il lo be spent on a partbjlar purpose and rettjmed rf unspen( in which case 11 may be regarded as restricted. Resource8 expend Expenditure Is re(x)gnised on an accrnals basls as a ITablllty is Incurred. Expenditure Includes any VATW finan(¥8 ich cannot be fvlly r0ver1,. and ts daSsEd under headiygs of the statement of activities io whth rt reLate8'. ey&ndrture on raising funds irdu(les the )sts of all fiJndrai8in9 a(thlties. events, nc charitaiAe trading activrties, and thé8de of donated wls. experKllture on charitable actsvibes Includes 1 cuts incurred by a charity In undertaklng activities that ftjrther its tharitable alms for the benefil of its beneficlarles, in¢ludlng those support costs and costs relatirvd to the SK>¥eman of the charity ap[XtK)ned lo ¢haritab16 activities. other expenditure includes 811 expendthjre thal is nelther relaled lo ralslng fvnds for thé charity nor part of its expendkiure on tharitae aclNilles. All costs are allocated to expendliure cateyTrs refiecling the use of the resour(x. DlreGt costs attributable lo a single actIty are alocatl dir• to that actiwty. costs are apporbon&J between the tlt'eS they contrlEHJte to on a reasonaiAe, jusbfiable and consistent basis. Tanglbl• assgts Tangible assets are inlllally re¢crfded at C05L and subsequentty stated at cost les5 ary accumulated depreciation arKI Imp)aeIrt losses. Any tangible assets carried at revalu1 amounts are recorded al the far value at the dale of reyaluation less 8ny subsequ6nl accumulaled depciatIon subsequent accyjmulated impainnent losses. Godfrey Ma88a 10
The Redeemed Christian Church of God Testimony Chapel Company Limited by Guarantee Notss to the Financial Statements (con Year ended 31 March 2026 Accountlng pollcles (¢OtrJthPu) Tanglble assets (cOnNnd) An in¢rease in the caffwng amount of an asset as a result of a revaluatkjn. Is regnISed In other recognised gains and losses, unless it reverses a rtrge for Impaknlent that has syeviously been recognised as expenditure vrithin statement of flnanclat activities. A decrease In the caryi amount of an asset as a result of revaluatlon. Is recwnised In other recognised gain5 and losses, except lo whh it offsets any prev1$ r8vduatlon gain. in ythh case the loss ig shown within other recognised gains and losses on the statemenl of finarKMal actrvibes. Impaimiont of f0d assets A r8vi8w for IrKlicators of impairnient is carrled at ead) reportiro dats, wlth the re¢ovorable amount being estimated where such IndtorS exist. whe the (arrng value exceeds the r0coverabl8 amount, the asset is impared a(Xth1ty. Pric* impairments are also reviewed for posslbFe reversal at each reFKJrbro dale. For the purwses of impalmient testiru. then it is rnt po551t8 to estimate the recov8rabl8 amount of an indmdual asset, an estimate is made of the iecoverable amount of the cash- generating unit to which the as58t bdongs. The cash-generating unit 15 the small8sI identifiable group of assets that includes the ass81 arKJ generdles cash irfflow5 that rgelY Ind8P8nd8nl of the cash inflows from other assets or groups of assets. For impairment testing of gwdvAII. the gx)dwill aLJIred in a business (x)mbinalion is. from th8 acquisition date, allocated to each of the cash-gerwating units that are expected to benefit from the swies of the comblnalon, IrrespectThie of svhether other assels or liabilities of the tharity are assigned to those unlls. Flnanciafin¥tNmgnts A financEI asset or a finandd Ikqbility Is rwnlse(l only en the charity kecomes a party to the contractual provIsnS of the InstrumenL Baslc finanal Instruments are Intirdty re(x)gnIS at the amount receivab18 or payable induding any related transaction )st5. Current assets and cxjrrent liabilitles are subsequenlly measured at the cash or other consld8raUon eXcted to be paid or receNed and not discxjun. Debt Instruments are 3ubsequenty measured al amortised cost Whwe Investsnenls In share5 are pUtlC traded cff fair value can OtheIS@ be measured Ilably, the investment is subsequenuy measured at fair value with Chan In falr value recognised In In¢ome and expenditure. AJI other suth investments are subsu8nty measur1 at cost less impairment. Other financial Instruments, includlng derlvatives. ¥e Inltlally recognL8ed at falr value, unless payTll8nl for an asset is deferr&J tey)nd rKwmal lyJsines$ lemis or finand al a rate of Interest that is not a market rate. in which case Ihe asset Is measured at Ihe present value of the future payThenls discounted at a market rale of Interest for a simllar debt inslrument. Godfrey Ma8sa 11
The Redeemed Christian Church of God Testimony Chapel Company Llmited by Guarantee Notes to the Flnanclal Statements (condnr Year ended 31 March 2026 Accounting pollcl8s Flnanclal Instrnments (¢onllrtuvd) Other finan¢lal instNments are subsequenty measured at fair value. vlth any charNJe5 rewgnised in the statement of finar131 activities, wfh UR eXPt)n of hedging insthjments in a degnated hedging relationshlp. Financial assets that are measured at cost or amorbsed wst are reviewed for objèctlve evldence of impairment at the end of each rwbng date. If there is ObltiVe evvjence of Impalrmenl, an Impairment loss is recognlsed under the approwiate gadIng in the statement of financi activities in yhich the inlllal galn was rec£Jnied. For all equity instruments regardless of sIgnIn(, and other financial assets that are individually slgntfic8nl, these are assessed indfvKlUa1 for impairment. Other finan¢Sal assets are either assessed indivKlually or grouped on the basis of similar txedit risk chara¢leristiGs. Any reversals of impaimierrt are recognised Immediatdy, to the extent that the reversal do8$ rt result in a can9 amount of finanaal asset that exceeds what the carrwng amount would have been the Imp8irnienl not previ8 been rnisl. Llmitgd by guarantee Donatlons and legacle8 Unrestred Total Fund$ Unrestricted Total Funds Funds 2026 Funds 2025 Donatlons Church Col ections HMRC Gift AMJ 60.755 28.325 89,080 ,755 28,325 55,285 25,353 80.838 55,285 25,353 80,638 Exponditure on charStable acuvilles by fund type Unrestrthd Totsi Funds Unrethcted Total Funds Funds 2026 Funds 2025 Actfvitles Fund&J by Church Donations 129.740 75,868 77,171 77.171 Expondlturo on CharItab actlviti05 by actlvlty typ• undertaken Total funds dIrY 2026 Total fund 2025 Activhles Furwjed by Church Donatk>ns 75.868 75.868 TT,171 Godfrey Massa 12
The Redeemed Christian Church of God Testimony Chapel Company Limited by Guarantee Notes to the Flnanclal Statsments (conthirt Year ended 31 March 2026 Staff costs The tolal staff cwls and aM0Ye8 b8neffts for the reporting porh)d are analysed ag follow5.' 2026 2025 Wages arKI salarles 12,(X)O 9.600 The average head count of emplo durlng the yw was Nil (2025.. NII>. No èmplo>pe rec8Ned employee benoffts of more than £60,0(Ki during the year {2025'. Nil). Truste8 remunèration and expenses AEI charities must disclose Inforynatlon relatlng to trustees rTruneratIon. Including a statement no remunèration was recalvèd. Please populate ReportPad 10. Tanglble rld assets Hant and Fixtures and machln frttlngs Motor vehicles Equlpment Total C08t At 1 Aprfl 2025 and 31 Mar¢h 2026 1.232 6.825 54,085 Dopredation At 1 April 2025 and 31 March 20Q6 Carrying amount At 31 March4026 At 31 March 2025 1,232 1,232 ,825 54,08S 2,568 6.825 $4,085 11. Cash and cash equlvalents Cash and ca$h equivalents mlse the folklrj. 2026 2025 Cash at bank arKI in hand Bank overdrafts 4,596 (8,8161 (8,6161 4.596 12. Credllors: amounts falllng due wlthln one y 2026 2025 Bank loans and overdraft8 8.616 Godfrey Massa 13
The Redeemed Christian Church of God Testimony Chapel Company Llmlted by Guarantee Notes to the Flnancial Statements (c Year ended 31 March 2026 13. Analygls of charitable funds Unre6trlcted fund8 Al 31 March 202 Al 1 AFNII 2025 Irme Exp8ndibJre General funds UnreslrKted fund 2 - desc In gJ¢s 89,080 (129,740) (16,724} 21,533 89.080 (129.740) 4.809 At 31 March 202 1 Atyil 2024 Irwme EXd1bjre General funds Unrestricted fund 2- desc In al 80,638 {77,171) 23,936 21,533 21,533 42.002 80,638 (77,1711 45,469 1& Analysls of changag In net debt At 1 Aw 2025 Cash flows 31 Mar 2026 Cash at bank and in hand Bank overdrdft$ 4,596 8.616 13,a12 4.596 (8,616) (8,816) 4,596 Godfrey Massa 14
The Redeemed Christian Church of God Testimony Chapel Company Llmited by Guarantee Management Infonnation Year ended 31 March 2026 The followlng pages do not fomi part of tha flnaTrclal statements. Godfroy Massa 15
The Redeemed Christian Church of God Testimony Chapel Company Llmited by Guarantee Detailed Statement of Financial Activfties Yoar ended 31 March 2026 2026 2025 Income and endowments Donatlons and18gaci88 Church Collections HMRC GiftAid 60,755 28.325 55,285 25,353 80,638 Total In¢om• 89,080 80,638 E¥wltUre Expendltur¢ on charltable acfjvlties Wages and salaries Rent InSUr2r Legal and professlonal feos Telepthne Ott*r office costs Postage and Stationery Repairs To Church Building African Misslon w(d Evangefical Mission centr Offic£ Fund Sunday School and Pastors Oftke Renovations 12.000 24.000 9.600 24.000 1.395 1.415 1.593 1,820 336 1.563 1.720 16.118 120 1,618 31,447 120 1,800 1,200 2,015 77,171 1,200 14,351 75,868 Tolal expgndlture 75,868 77,171 Net In¢omo 13,212 3.467 Godfrey Massa 16
The Redeemed Christian Church of God Testimony Chapel Company Llmited by Guarantee Notes to the Detailed Statement of Financlal Activities Year ended 31 March 2026 2026 2025 Expendllure on charltable a¢tlvltle8 Activlties Funded by Church Donatlo Activilies undertaken dlre¢tly wages1sarIes Rent Insuranoe Direct charitable activity 1 . legal and professlonat fees 12.CKJO 24.CKJO 9.6 24,0 1,395 1,415 1.820 E- jj TelepFw)ne and Broadband Other offlce costs Postage and Slalionery anfl Printir Repairs to Church Buliding and Mini Hall Africa Mission Worfd Evangalkal MissK)n Central Office Fund sulaY School and Pastors RenovthrL8 336 1,563 1,720 16,118 120 1,800 1.200 14,351 75,868 1,593 1,818 31,447 120 1,8(M) 1,2C 2,015 77,171 Expondlture on charltable actlvitl 75,868 77,171 Godfrey Massa 17