REGISTERED COMPANY NUMBER: 08963684 (England and Wales)
REGISTERED CHARITY NUMBER.. 1158019
REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
(A COMPANY LIMITED BY GUARANTEEI
Trustees. Report and
Unaudited Financial Statements for the Year Ended 31 March 2025
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Trustees, Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7 to 11
Detailed Statement of Financial Activities
12
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Trustees. Report
for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity for the year ended 31 March 2025.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of
Recommended Practice applicable lo charities preparing their accounts in accordance wilh the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffeclive 1
January 2019}.
Objectives and activities
Objectives and aims
The objectives of the charity are..
The advancement of Ihe Christian faith world-wide in accordance with the doctrines set out in the
statement of faith contained in the schedule.
The relief of poverty.
To promote these objects using the income and l or capilal of the trust.
Public benefit
The trustees confirm that they have complied with the Charity Commission's guidance on public
benefil.
Volunteers
The charity has many volunteers that assist the Church in achieving its objectives.
Flnanclal revlew
Financial position
In the year to 31 March 2025, the charity reported total income of £63,343,. (2024.. £81,796} and
net deficit of {£2,519)'12024'. {£10,211)I, accumulated funds were1£16,801 }', (2024-1£14,282)).
Reserves policy
The charity continues lo work towards achieving a level of unrestricted funds reserves equal to
three months of expenditure.
Golng concern
At Ihe time of approving the accounts, the trustees have a reasonable expectation thal the charity
has adequate resources lo continue in operalional existence for the foreseeable future. Thus, the
trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of Irust. and constitutes a limited
company, limited by guarantee, as defined by the Cornpanies Act 2006.
Recruitmenl and appoinlment of new trustees
Trustees are elected by existing trustees in a way that serves the Charitys best interests and
trustees are made aware of the responsibilities they will be taking on.
Reference and administralive details
Registered Company number
08963684 (England and Wales)
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Trustees. Report
for the Year Ended 31 March 2025
Registered Charity number
1158019
Registered office
18 Chanlerlands Avenue
Hull
HU5 3TH
Trustees
Olufunmilayo A Akintujoye
Princewell J Omagbemi
Esther Adenike Shokoya
Company Secretary
Gladys Adetoro Ebenezer
Independent Examiner
Tolu Obisesan IMAATI
ANS Accounts Lld
82A James Carter Road
Mildenhall
Suffolk
IP28 7DE
This report has been prepared in accordance with the special provisions of Part 15 of the
Companies Acl 2006 relating lo small companies.
Approved by order of the board of trustees on 31 January 2026 and signed on its behalf by=
Olufunmilayo A Akintujoye- Trustee
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Independent Examinerfs Report to the Trustees of
Redeemed Christian Church Of God
Fountain Of Prayer
Independent examiner's report to the trustees of Redeemed Christian Church Of God
Fountain Of Prayer I'the Compan￿)
I report to the charity trustees on my examination of the accounts of the Company for the year
ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law)
you are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act'}.
Having satisfied myself that the accounts of the Company are not required to be audited under
Part 16 of the 2006 Acl and are eligible for independent examination, I report in respect of my
examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011
I'the 2011 Act'l. In carrying oul my examination I have followed the Directions given by the Charity
Commission under Section 14515) Ib) of the 2011 Act.
Independent examiner's statement
I have completed my examinalion. I confirm that no malters have come to my attention in
connection with the examinalion giving me cause to believe..
accounting records were not kept in respect of the Company as required by Seclion 386 of
the 2006 Act- or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act
other than any requirement that the accounts give a true and fair view which is not a matter
considered as part of an independent examination., or
the accounts have nol been prepared in accordance wth the methods and principles of the
Statement of Recommended Praclice for accounting and reporting by charities {applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have corne across no other matters in connection with the examination to
which attention should be drawn in this report in order lo enable a proper understanding of the
accounts to be reached.
06caUQ
Tolu Obisesan IMAAT)
The Associalion of Accounting Technicians
ANS Accounts Lld
82A James Carter Road
Mildenhall
IP28 7DE
31 January 2026
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Statement of Financial Activities
for the Year Ended 31 March 2025
2025
Unrestricted
fund
2024
Total
funds
Notes
Income and endowments from
Donations and legacies
63,343
81,796
Expenditure on
Charitable activities
Activities in furtherance of the charity's
objectives
65,862
92,007
NET INCOMEI(EXPENDITURE)
12,519)
(10,211)
Reconciliation of funds
Total funds brought forward
{14,2821
14,071)
Total funds carried forward
{16,801)
{14,282)
The notes form part of these financial statements
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Balance Sheet
31 March 2025
2025
Unrestricted
fund
2024
Total
funds
Notes
Fixed assets
Tangible assels
10
Current assets
Debtors
Cash at bank
2,005
1,499
2,005
708
3,504
2,713
Creditors
Amounls falling due within one year
120,305)
117,005)
Net current assetsl(liabilities)
{16,801)
{14,292)
Total assets less current liabilities
{16,801)
{14,282)
NET ASSETSI(LIABILITIES)
{16,801)
{14,282)
Funds
Unrestricted funds
116,8011
114,282}
Total funds
116,801)
114,2821
The charitable company is entitled lo exemption from audit under Section 477 of the Companies
Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the
year ended 31 March 2025 in accordance wilh Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
la) ensuring that the charitable company keeps accounting records that comply with Sections
386 and 387 of the Companies Act 2006 and
Ib) preparing financial statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sections 394 and 395 and which
othetwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Balance Sheet- continued
31 March 2025
These financial stslements have been prepared in accordance with the provisions applicable to
charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
31 January 2026 and were signed on its behalf by:
Olufunmilayo A Akintujoye- Truslee
The notes form part of these financial statements
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under
FRS 102, have been prepared in accordance with the Charities SORP (FRS 102)
'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 20191,, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland, and the Companies Act 2006. The financial statements have been
prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has
entitlement lo the funds. it is probable Ihat the income will be received and the amount can
be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to Ihat expenditure, it is probable that a Iransfer of economic benefits
will be required in seltlement and Ihe amount of the obligalion can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all cosl 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.
Charltable actlvllles
Charitable activities are those costs relating to activities carried out to meet the objectives of
the charity and include directly attributed costs as well as support costs.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
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.
Restrirted 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
FOUNTAIN OF PRAYER
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
NET INCOMEI{EXPENDITURE)
Net incomellexpenditurel is ststed after chargingllcrediting)..
2025
2024
Depreciation - owned assets
10
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneralion or other benefits for the year ended 31 March 2025
nor for the year ended 31 March 2024.
Truslees, expenses
There were no Iruslees. expenses paid for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
STAFF COSTS
2025
2024
Wages and salaries
3,000
23,700
3.000
23.700
The average monthly number of employees during the year was as follows=
2025
2024
Staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricte
fund
Income and endowments from
Donations and legacies
81,796
Expenditure on
Charitable activities
Activities in furtherance of the
charity's objectives
92,007
NET INCOMEI{EXPENDITURE)
(10,211)
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES . continued
Unrestricte
fund
Reconciliation of funds
Total funds brought fomard
14,071)
Total funds carried fonvard
(14,282)
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Cost
At 1 April 2024 and 31 March 2025
10
Depreciation
Charge for year
10
Net book value
At 31 March 2025
At 31 March 2024
10
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other debtors
2,005
2.005
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other creditors
20,305
17,005
MOVEMENT IN FUNDS
Net
movement
in funds
At
3113125
At 114124
Unrestricted funds
General fund
114,282)
(2,519} (16,801)
TOTAL FUNDS
114,282}
12,519}
(16,8011
Net movement in funds, included in the above are as follows..
Incoming Resources Movement
resources
expended
in funds
Unreslrlcled funds
General fund
63,343
165,862}
{2,519)
TOTAL FUNDS
63,343
165,862}
{2,519)
Comparatives for movement in funds
Nel
movement
in funds
Al
3113124
At 114123
Unrestricted funds
General fund
(4,071}
(10,211}
(14,282)
TOTAL FUNDS
(4,071)
(10,211}
114,282)
10
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REDEEMED CHRISTIAN CHURCH OF GOD
FOUNTAIN OF PRAYER
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
MOVEMENT IN FUNDS . continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources Movement
expended
in funds
Unrestricted funds
General fund
81,796
192,007} 110,211)
TOTAL FUNDS
81,796
192,007}
(10,2111
10. RELATED PARTY DISCLOSURES
RCCG Founlain of Power is part of a wider community of churches under The Redeemed
Christian Church of God and during the year to 31 March 2025. donations made lo the UK
central Offi￿ were £1,850.
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