THE REDEEMED CHRISTIAN CHURCH OF GOD
CHRIST FOR LIFE
ANNUAL ACCOUNTS
For the year ended 31 December 2023
CHARITY NO 1157177
KAYAI&CO LTD
Chartered Accountants
34 Padbury Way
Bolton
Manchester
BL2 SDQ
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THE REDEEMED CHRISTIAN CHURCH OF GOD
CHRIST FOR LIFE
AI)MINISTIIATIVE DETAILS OF THE CHARITY, ITS TRUSTESS AND ADVISERS
FOR THE YEAR ENOED 31 DECEMBER 2023
PasiN E A Adeiw8
Truslees
Mr KOla￿t4? Abay￿1 Oyedele
Dr AexaThJer Ade¢yo Oluwasakin
Mrs Adebl4 ony￿11
Mr Akni(Iwnl Kaz￿ Na(1
Minister In Cl￿rge
Pastor Ad9y￿nfj ￿ayI
C*arity re9#ratit￿ no
1157177
i￿paI Office
2 Lfmd Morris Drive
Manchester
M23 (￿x
lrbJeFw￿l Exafflin
Kayode Idry
KAYAJ&CO LTD
Charter&J A¢¢owbtsnts
34 PadbJry Way
Bc41on
BL2 5t)0
Banker
Naticfial Wastminster Bank
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THE REDEEMED CHRISTIAN CHURCH OF GOD
CHRIST FOR LIFE
TRUSTEES. REPORT
FOR THE REAR ENOED 31 DECEMBER 2023
Trustees present their 8nnu81 repjl loJothor *llh th8 finond818talomwls (rf Ihe Rèdeem￿ Chrislian
Cfttjrch of Gcxl. Cthrist ￿ Life Ilhe ¢hawity} the year ended 31 December 2023. Tho Truste8S c(mfirm that the
annual reFtKt and fin81Ki81 statemonl ol Ihe th8rity comply *ith the ¢ufrgnl stalutory r￿u•reMent. Ihè requirement
ol the charity's gM)veming dc¢ument and Ihe wovisions ol Ihe Slalemenl of tho Racommend8d Pfaclicg ISORPI
"Accwnhng and Repxjtr'ng by Charities. preparirtg lh￿r ac£ounls In accordance wlth th8 Financ•al Repxbr
Standard applbcablo in the UK and Republic of Ireland {FRS 102) issued 16 July 2014.
STRUCTURE. GOVERNANCE AND MANAGEMENT
CONSTITUTION
The Church is c(￿St*lUted Ur￿ a Tntst Deed dated 17 2014
B. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
mangemenl of the C*arity is the responsbility of the Trustess apP￿nI¢d and C4F0p￿
the Tn￿ do￿1.
C. POUCIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
The Inducti(￿ for any neAy appcmnled member of the Trustees Comprises an initial meeb.ng ￿1th the
Chairman and othw Trustees. follchyes by a wies of short meeb.ngs *ith the Minisier in Charge ￿ the pw arMI
rew19bilities of the Truths.
D. ORGANISATIONAL STRucfuRE ANO DECISION MAKING
The Church is orgarwsed so thal the trusiees meet regurtary to Mana￿ its affairs. The daY-t￿￿oY administratir
of the Churth is rn￿8￿*d ty the panth Pasl(K ￿ vdunle
E. RELATED PAR￿ RELATIONSHIPS
Chrisl for knfe parith is a membw of the Redeemed Chrisban ￿￿ch of God IRCCG) ththich has all over
tl* ￿)r1d. The parith's (dati{￿shiP *ith RCCG and other parithes is govemed by an "Agreement Common
Purpc6es'.
F. RISK MANAGEMENT
The Trustees have assessed the major risks lo ¥thich the charity is exposed. in particular those related to th&
cperati(ffls and finarKes of the charity. and are satisfied thal systems antj procedures are in place lo miti9ale
tyjr exp￿re to the Malc￿ risks.
G. GRANT IAAKING POUCY
The Churth supwyts visting minislefs of the ￿Sp￿ both *ithin and outsde the Unilgj KingJom. SupF¥M is a19)
s¥ven to RCCG C8nir81 Office. Wortd Evangelisn Mission (WEMI Feslival of Life and olher RCCG prcgrammes
The Church Fjjpp￿ts other charities and miswonary that shales ils thiecls in advancement of Christian failh aThJ
rdief d poverty. The c￿￿rtb gives occ8&(￿81 grants lo ￿ngregalI0nal M￿nts￿5 vkno are In nwj.
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RUSTEES. REPORT
FOR THE REAR ENDED 31 DECEMBER 2023
OBJECTIVES ANO ACTIVITIES
POLICIES AND OBJECTNES
The thje¢b"ves ol the chuTth are..
The ￿anCem￿l ol Ihe c￿"￿1#n lailh *rrftd*ide
The rdiel of povwty.
Each year rm trustee5 review cOjeelive5 and aclviities lo enswg Ihoy ¢￿tInu8 lo rafiocl tyjr èlms. In Catyng
syjt this wiew the Injsiees have cffi5idered the Charity commis￿.5 98neral guaIda￿a on publlc benrfil In
parb"cular its wprlwmentary pl￿)lIC guidance on the advancement ol religion lor the publi¢ benefit.
8.STRATEGIES FOR ACHIEVING OBJECTIVES
The has adopted ihe fdlcemng sirategies xhièving the atThie obieclrv85'.
. Organisation of wninars aThJ events to ad(kess issues of relevance lo Ihe Tdief of povuty and prcvigcfj of care
aTrJ WPFA)rt lor the neety 8$ apwopriate.
* Fl8nb"ng of thurches and
• Supwrt ffx Other charities and evenls %%ith similar rt4Klive
• Sc¢ial a¢11￿ inibalives in the ccrfnmunity
C. ACTIVITIES FOR ACHIEVING OBJECTIVES
The main activib'es of the ¢hur¢h are as follo
. Sunday swice
. Sunday for all ages of children
• Wee￿Y night BitAe Studies and h￿se fellry*thip al variws centres
D. VOLUNTEER MANAGEMENT
The Church is yaleful for the undinling efforts of its vdLmlews are invdved in seNice provison. w2rk
arKJ administralion.
E. INVESTMENT POLICY AND PERFORMANCE
The trustees have kn¢Jed that al prewl. fund thould be retained in bank. Any thange in such banking
arranwen15 shrJJhl ￿ agreed by Ihe board. As far as possible. funds %%ill be retain&J in interest bearing
F. VLILNERABLE BENEFICIARIES
The Chjrth *ith vulnerable grlxps induding thildren and makè gJr6 usws are and prolKled frNn
ham7. Vc4unleer6. employees and trustees have the right ch￿S and as5essm8nls b8foro they can ￿1th
churth. Safyards are in ￿ace lo wotect vulnerable people Irom abuse. and prevent abuse happ8nin9 in Ihe fi￿1
G. CONFLICT OF INTERESTS
No truth is in a vhbgre their IW as a tm#e8 TAIII Cffillicl vilh any pewrwl Inter851 they may havg.
H. COMPLAINTS HANDLING
Wo ale coi)mitted lo ensuring thal pwle have all necessary sjjpwt reqLMred lo makg a com￿aIn1. Compalints
8 actspled vwbally ￿ in ￿lting. and can be fonnal or Inf(wmal. AnycTh *lsNng lo make a complaint *ill bo
providaj *4th 8 ¢￿plain￿ Han(lir4J Slalfjmfjnl. Ithch gJrnmart8es hcw a t£rfnrA8lnl abwl tyjr $8Nlce can
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TRUSTEES, REPORT
FOR THE REAR E14DE0 31 DECEMBER 2023
ACHIEVEMENTS AND PERFORAIANCE
REVIEW OF ACTMTIES
The Church undwlrKA Ihe tdltr4•ing acts"vib'es.'
l. Prayer ￿terence
2. Evangeliyn
3. Ccrfnmunity Aclivibes
4. Charitsble Aclivilies
S. Povety AlIeviatic￿ Ath"vitses
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FOR THF REAR F.NDED JI DECEM8F.R 1023
FIP4ANCIAL REVIEW
RESERVE POLICY
Thp ¢hiJrh •onmrJrt tvtmlh In 202J IlnwJ41 m•nl)ovg hAv• b*n goT￿rth TM Is
l(Y thp £58.6418Th1 not 859•19 01 £115.544.
Tl• TruslpÈs h8Ve PStAtli*l*d • Khyicy ￿t￿¥bY lh• unrn91rtded Iw*l8 Th>1 (offlmllt•J or lrni•yl8d In fix￿ ￿01$
llhe frve revrvès") by chvth shthrtd be 3 M￿h9 ol annu81 g1w￿rt￿o. Al Ihls fev81, f881 Ih•l
d be Ai4e to cfjnlinvÈ the oJrTerrt 8clivilie$ ol Ihe chwch IFb the ev8nl of 8 4wificant drop in
B. PRINCIPAL FUNDIP4G
Thjt is rvovieÈd m?inly Ihrtwl Ithgs aTrJ ollerfry5 by Ihe dN*ch m8rnbws.
PLANS FOR THE FUTURE
FUTURE DEVELOPMENTS
We arp IKyng 10 #c4Juire o imjilthng of Bre also p￿7￿j 11Tr8t G￿1 *4H help w e￿Il￿t pwlsh
*ith its place ol *rx5hip. Wo also liko to estailish a *fj114qLripe(J children's ¢huith *llhin parbsh g) tr￿1
STATEWIENT OF TRUSTEES. RESPONS181LmES
la4V aTMI Urat•d KirKJlyn *4x(wbwwJ st*￿ (Ufwted 1fjl￿d￿n Genwally Wed PrnL*ce
The 8pp4i¢xtde lo tharitses in ENJl8Th1 & Waes req￿re¥ ts TruslÈes to pr8rArg financial stalernen15 for
finanoal gNe 8 true fair view of Ihe ￿ ol aff8irs of the chanty 8ThJ of th8 I￿ornirlj rE9)wces
a?FliCati.¢￿ of Te5OUrt￿ of the tharity IC￿ that ￿M)y. In wyfjng these finaThial staiements. the Twstees are I
. OtffjeN$ thè Meth￿ ar#J pr￿￿￿[1¢$ in the Charili¢s SORP.
• Make judgern￿ts and e5b"mates that r*asorAble and pnKJent.
• Stste *kn¢her applicatle UK *u(*JntirvJ Slarvjards have beell lo11ty￿, lo any mat*i81
exFAair*d fin thè finaicial stalem•nts.
finarKlal ol the c*aiity 8r*J •nat4e thwn to •nsure that Ihe slal8m•nts (x%nFty hith ts Ctwities
A¢t 2011. TW are also we5F￿￿tIO for safeguardlThJ Iho ass6ts 01 tho dwlty Ic¢ lac*lThJ #•p6 lor
dgtwjim d Ira￿j and dher Irreg￿￿¥11e$.
Th• frf#>1 vras ty the TnAto0s *h ol 2024 and ty.
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IN
FOR THE AEAR ENDED 31 DECEMBER 2023
I rwt on Ihe aecounls lor Ihe y￿¥ ￿￿Yed 31 D•cèmb8r 2023 sel pw 7 10 11
R•5P•CtlY• r••pon$lbllltl•J ol trust￿ •nd •x•mln•r
The charity's Irusto8s are rÈspcm*lAe l(v lh8 prgpar•liM of th8 &C(￿nIg. Thè ¢h*ityg ITust899 cLffjgder th81 an a￿thI 1$ r
requiw lor IIHS pencmj Itmder Se¢lKffl 144(21 d thè Ch*ities Act 2011 {Ih8 2011 Acll Ihal an indfjp8TrJent èx*ninèti
is required.
It is my Tr5pcffjY￿1lfy to..
. Examine the a¢c(AJnl$ urKJer secti(￿ 145 of Ihe 2011 Act
. To Ihe proeedLres l•d in Ihe Genwal Diroction &i¥en by ihe Charity Commisgon IwKl8r ￿tion 14gSXbl
the 2011 Act) and
• to #ate vknether partiaAar matters mattern have come lo my att￿lIOn.
Basis of th• Ind•p•nd•nt •xamin•rf• r•port
My examinatron *ps carri￿ (rtrt accordance *ith the General Oifecticffls gTven by the Charity Ccthmigcfi. examinatio
indude a review of Ihe accoJntirrfJ recC￿S kept by the charity and a compari￿ of tha accc*Jnls wesenled with th
Tecords. It alsn indudes ￿￿derati￿ of ?￿Y unugjal ilwns ty ¢*thswes in lh8 acccMJnt& aThJ seekn￿ explanatbc¥)s frc•n
the truslees corwning any ￿ mattws.
The tKccedur8s urthrtakwb do not provido 811 tho widen¢0 that reryired in an •Jthl. no (¥xnicr
is given as to vkn8th8r the accolmts Fyesent a In￿ and fairvifjvf repcxt is lo tr*￿ matters sel L)Jt in
alements Wow.
Ind•p•nd•nt •umin•rfs slal•m•nt
In cthTh¢ts"on ¥bith my exam1ftati(￿, no malier has cc¥ne io my atten11￿.
{1} gives me rea9￿￿46 eause lo believe that. in malwial resm the re¢wirements
• to keep ac£cwhtuy r8coTds in aCCCrd￿ vith SectiM 130 of Ihe 2011 Act a￿1
• to fKepare aC￿nIS %thidb acC(￿d with the r￿dS aThJ lo c(xnF4y hilh ￿ &coJntiryJ
Lwfwnents crf the 2011 A
have not been met:
(21 to *thich. in my be in L¥def lo wble a propw und￿￿￿)ding ol to be
K4YAJ8CO Ltd
34 Padw Way
BL2
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STATEMENT OF FINANCIAL ACTNITIES
FOR THE YEAR ENDED 3112 2023
2023
2022
Unr85Wcled
Funds
Uniestriclo
d Funds
INCOME RESOURCES
Incoming ￿￿u￿e$ friTh ger￿rnIed l￿d5
V¢Yunlary Inccme
134,284
86,549
Total In¢cthing le￿rCeS
134,284
86.549
RESOURCES EXPENDED
Charitable activities
Reswrces expendgj on charitable ￿tivitieS
29,147
25.052
Governar￿ costs
46,496
36.626
75,643
61.678
Surplu￿(defKl1j for the year
58,641
24.871
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STATEMENT OF FINANCIAL ACTMTIE8
FOR THE YEAR EPIDED 31 12 2023
BALANCE SHEET AS AT 31 DECÉMBER 2023
2023
2022
FtyTrJ$
d Fur•Jg
FIXED ASSETS
Torgtl8 assets
10,788
CURREPll ASSErs
Cash at bank
C*tdors
71,OXI
26.799
97.889
38.912
11.581
).493
Amc4Jnts falliThJ *ithin year
NET CURRW ASSErs
2.743
47,760
97,289
TOTAL ASSETS LESS CURRETr￿ LIABILMES
115.621
CREDITORS
AIn￿￿ts faniTrJ after than one ygar
115.544
FUNDS
fuThJ
115.S44
TOT￿ FUTr￿
115,544
ON BEH￿ OF THE BOIATr.
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REDEEAIED CHRISTIAM CHURCH OF GOD
CHRIST FOR LIFE
Notes lo lh• Fln•n¢l•l St•t•m•nt•
3l.D•¢-23
ACCOiINTING POLICIES
Accovntlng eonv•Trtlon
The fin8nc.ial slatements h8ve been prepjred under th8 hist￿¢81 cost convenlion and in ac£tydanc8
ith the qlalemenl ol reccffimended pr8th'ce'. AcC￿ntIng and R8POrtiThJ by ¢harfthes Ffeparing Ih*r
ccwnts in acC[￿lIanCe *ilh thè Financial ReF*yling applicable in lh8 UK arwj Re￿￿liC ol Irel¥AJ
IFRS 1021 i5&￿d (m 16 J￿V 2014 and With Charities Acl 2011
In¢omlng vvJour¢•s
All •r￿ornIng resol￿5 a￿ induded cm the Slalernenl ol Fin8ndal Actrvilies v￿￿1 lh8 ¢h8fity is
legalty entill*J to the inc¢Jne and the arn￿nI Can be quab'fied wlh reagThbl8 accuracy.
Resources expended
Exr*ndibJre 15 act(￿nted an ac£nJ8ls basis and h85 been da￿led undor the headings that
a￿Tegate all cosls rdated to the category. Whwa cosis cannot be dir&Uy attribu1￿ lo p8rbctAar
hgadings they have been all￿ted to aclivities on a basis consisienl Ihe use of resL*Jrces
Taxation
The charity is exwnpt frcffn tax ￿ its thwitable activilies.
Fund accounting
[￿eStricted funds can be used n ac£¢Kdan¢e with charitable rtsjedives al tho dixredicn ol
Reslricawj be uwj particular re￿riCtsd %44thin Ihe rtjject of the c￿ty
ReStridI￿ ￿e￿fi￿ by Ihe dw or luTrJs are raised for partialar res1ric￿l
eWanati￿ d tho naluro pUry￿e of eath lund is irKluded in the notes to the fin¥¢i
V0LLINT￿y IMCOME
2023
T*Xa t)0w￿￿￿1 r•ceiv&J {fithe, dfwing and Th￿k931¥In9)
&'ft rdaim ￿ dc¥wb'on
Bth Inlefest I￿V
84,130
22,891
134.284
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REDEEMED CHRISTIAN CHURCH OF GOD
CHRIST FOR LIFE
Notes to lh• Flnanclal Stat•m•nti
31.D•¢.2J
CHARITA8LE ACTMTIES COSTS
Direct Costs
2023
Dcnaticffls
Hc￿orarium
Wdfare
WEM
6.486
6,$50
7,193
8.918
Restyjrces expwthd ￿ tharilaNe adivilies
29,147
GOVERNANCE COSTS
2023
Rent & Rates
Postsge & slatsor
Ingjrydr
Repaits and maintenance
Accountarq fees
Travd & acc¢ynodatiM exK*nses
Light & heal
Subxripli¢
Adverttsing & Ma￿ting
Ttaining
T￿eph￿0 & Fax
Paypal C*a
Sundry
18.960
495
442
5.656
2,372
767
2,418
1132
14
17
1869
815
5.257
InstrumenW C(xnwrtw eqLMpment
Depreuation
Paknl ex￿$¢$
46,496
TRUSTEE'S REMUMERATION AND BENEFITS
Ttrve we no tw*ee¥ rwnunwaIi￿ ￿ other benefits for the year erthd 31 December 2023.
Trwe wwe no twstees ex￿SeS pad In the year ended 31 Do￿ber 2023.
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REDEEMED CHR18TIAM CHURCH OF GOD
CHRIST FOR LIFE
Mot•s lo lh• Fln•nclal Stst•m•nt•
31-D•c.23
DEBTORS
Gift Bid wlim
26,799
26,799
CREDITORS: AMOVNTS FALLING DUE IMTHIN ONE YEAR
Accrued Accounlancy fee 2023
CREDITORS: AAIOVNTS FALLING DUE AFTER MORE THAN ONE YEAR
HP FIr￿nCe ￿ musical ￿*t￿nent 8nd othw equik¥nenl 2022 Bal
Paid
1.635
T¥lNGI8LE ASSErs
Erwi￿ent
Fumiture Ttx
COST
At 1 Janu*y 2023
Additi￿S
13.485
11.537
13.485
12,8(M)
At 31 2023
25.022
26.286
DEPRECIATION
At 1 January 20rJ
Fc¢ the year
2,697
2.697
5.257
253
AI 31 2023
7,701
253
7,954
Al 2023
17.321
1.011
18.332
MOVEMEKf IN FUNDS
Surplu51ldef Clogng
11 In year Balanco
31.12.23
AS 01..
31.12.22
56.903
58,641
115.544
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