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← The Redeemed Christian Church Of God Emmanuel's Chapel

2025-09-30-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD

EMMANUEL’S CHAPEL

THE REDEEMED CHRISTIAN CHURCH OF GOD EMMANUEL’S CHAPEL

TRUSTEE’S REPORT AND ANNUAL ACCOUNTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025

1

THE REDEEMED CHRISTIAN CHURCH OF GOD

EMMANUEL’S CHAPEL

Page
Corporate Information 3
Board of Trustee’s Report 4
Independent Examiner’s Report 7
Statement of Financial Activities 8
Statement of Financial Position 9
Accounting Policies 10
Notes 11

2

Corporate Information

Registered Charity Number: 1169428
Registered Company Number: 10383737
Principal Office: 42 Wheatfield Close
Maidenhead
SL6 3PS
Parish Pastor: Pastor Abayomi Kolade
Board of Trustees: Pastor O Omotayo
Pastor R I Okunade
Dr (Mrs) Y T Kolade
Mr O Isola
Dr K Edokpayi
Bankers: Natwest Bank
Slough High street
118 High Street
Slough
SL1 1JH

3

Board of Trustee’s Report

1.0 Introduction

The Board of Trustees present their report and accounts for the year ended 30[th] September 2025.

1.1 Public Benefit Statement

The Trustees confirm that they have complied with the duty in section 4 of the Charites Act 2011 to have due regard to the Charity Commission’s guidance on public benefit "Charites and Public Benefit".

1.2 Structure, Governance and Management

1.2.1 Governing Document

The charity is constituted as a “Trust” and Governed by ‘Trust Deed’ dated 19th September 2016.

1.2.2 Trustee Appointments

Trustees are appointed under the terms of the trust deed.

1.2.3 Organisational Structure

The Redeemed Christian Church of God, Emmanuel’s Chapel Slough is a charity registered in 2016. It is governed by a Memorandum of Articles of Association and is controlled by a board of trustees whose members are appointed as set out in the Memorandum of Association and Constitution of the charity. Membership of the Board of Trustees consists of 5 individuals appointed by the charity who are of high spiritual and moral standing.

1.2.2 Risk Management

The trustee board performs its duty of safeguarding the charity against major risk. The board regularly reviews the charity’s governance structures, policies, procedures and practices. It recommends strategic and operational options and implements adequate prudent controls and preventative action to safeguard the assets of the charity, as well as its reputation.

2.0 Objectives and Global Outreach

2.1 Objectives and Activities

The Trust’s objectives are:

4

Board of Trustee’s Report

2.2 Grant Making Policies

Under the “Agreement for Common Purposes”, Emmanuel’s Chapel Slough has agreed to make regular contributions to the World Evangelism Mission (WEM) through RCCG Central Office UK. We support Africa Missions, an aid relief Agency to underprivileged people and communities, mainly in Africa. We also actively and strongly support missionary organisations, such as Festival of Life, Good Women Fellowship, Annual Conventions held at the RCCG National Headquarters.

2.3 Contributions Made by Volunteers

The charity enjoys the services of various volunteers who contribute enormously in various areas of service provision, development, and implementation of the church’s vision. This period, the Charity had 13 volunteers. The volunteers are encouraged to attend various training and development programmes organised by the charity and other organisations.

2.4 Achievement and Performance

The charity was able to hold its various services and program as scheduled. We inaugurated a new program of worship and praise in July during our anniversary celebrations.

We were also involved in a retreat program with another RCCG parish which served as a training for our various volunteer.

3.0 Financial Reviews

During the period, the charity received £97,008 in total income. Total resources expended was £47,193 thus resulting in a surplus of £49,814. Cash at the end of the period was £252,297.

3.1 Principal Funding Sources

The Charity’s main source of fund this year has been through voluntary donations from members.

4.0 Future Development

The Charity plans to continue with its various activities relevant to its local community. In the coming year, Emmanuel’s Chapel Slough plans to organise more developmental seminar/conference and workshops for its members and local community. We also plan to start a food bank services to help the needy and the less privileged.

5

Board of Trustee’s Report

Trustees’ Responsibilities

The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company 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 and of the net income or expenditure of the charity for the year. In preparing these financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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.

The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.

This report was approved by the Board of Trustees on 06 January 2026 and signed on their behalf by:

Full Name: Pastor Olusegun Omotayo

Signature:

Position:

Chairman

Date: 06 January 2026

6

Independent Examiner’s Report

Report to the trustees/members of: The Redeemed Christian Church of God Emmanuel’s Chapel On accounts for the year ended: 30th September 2025 Charity No: 1169428

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:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 06 January 2026 RO

Name: Tobi Labeodan FCCA, for and on behalf of Chedders Ltd

Relevant professional qualification(s) or body (if any): ACCA

Address: Ground Floor, Synium House, r/o 94-96 High Street, Henley in Arden B95 5FY

7 ~~+>~~

Statement of Financial Activities: Year Ended 30th September 2025

Notes
Income:
Donations and legacies
1
Other income (Grants)
1
Total Income
Total Income
Expenditures on:
Charitable Activities
2
Other Charitable Activities
2
Other Costs
2
Total Expenditures
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Gains/(losses) on revaluation of fixed assets
Gains/(losses) on investment assets
Net movement in funds
Reconciliation of funds:
Total funds brought forward at 1 October 2024
Total funds carried forward at 30 September 2025		 2025
2025
2025
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
76,050
76,050
20,958
-
20,958
97,008
-
97,008
97,008
-
97,008
28,201
-
28,201
18,232
-
18,232
760
-
760
47,193
-
47,193
49,814
-
49,814
-
-
49,814
-
49,814
232,390
-
232,390
282,205
-
282,205		 2024
2024
2024
Unrestricted
Funds
Restricted
Funds
Total Funds
£
£
£
106,036
-
106,036
27,960
-
27,960
133,996
-
133,996
133,996
-
133,996
37,182
-
37,182
21,596
-
21,596
2,929
-
2,929
61,708
-
61,708
72,288
-
72,288
-
-
72,288
-
72,288
160,102
-
160,102
232,390
-
232,390

8

Statement of Financial Position: Year Ended 30th September 2025

Notes
Fixed Asset
Tangible assets
3
Total Fixed Asset
Current Assets
Loans & Advances
Accrued Income
Cash at bank and in hand
Other Debtors
Total Current Assets
Creditors: amounts falling due within one year
Other Creditors
Other Current Liabilities
Total Creditors: amounts falling due within one year
Net current assets (liabilities)
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Bank loans and other finance (long term)
Other Non-Current Liabilities
Total Creditors: amounts falling due after more than one year
Total net assets (liabilities)
The funds of the charity:
Restricted Reserve
General reserves
Surplus/(Deficit) for the year
Total charity funds		 2025
£
9,266
9,266
17,491
252,297
5,000
274,789
1,850
1,850
272,939
282,205
-
282,205
232,390
49,815
282,205		 2024
£
11,155
11,155
24,388
192,328
5,000
221,716
481
481
221,236
232,390
-
232,390
160,102
72,288
232,390

9

Accounting Policies

Scope and Basis of the Financial Statements

The accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice Accounting and Reporting by Charities published in March 2005.

Income

Revenue is recognised in the period in which the charity is entitled to receipt once the amount can be measured with reasonable certainty.

Expenses

Expenditure is included in the Statement of Financial Activities (SoFA) on an accruals basis and is recognised at the point when a legal or constructive obligation arises. The majority of costs are directly attributable to specific activities. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Fixed assets

Fixed assets with an individual purchase of £500 or more are capitalised and stated at cost less depreciation which is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:

Vehicles 25% Equipment 33.33%

10

Notes to the Financial Statements: Year Ended 30th September 2025

1.
Income
Income
Donations and legacies
Restricted Income
Total donations & legacies
Other income
Gift Aid Receipts
Other income
Total other income
Total Income
2.
Expenditures
Charitable Activities
Premises
Utilities
Travel
Motoring & Transportation
Insurance
Administration
Advertising
Operations
Finance Charges
Depreciation
Honorarium
Total Charitable Activities
Other Charitable Activities
Outreach
Central Office
Welfare & Benevolence
Charitable Donations
Total Other Charitable Activities
Other Costs
Professional fees and services
Legal fees
Total Other Costs		 2025
£
76,050
-
76,050
18,463
2,495
20,958
97,008
2025
£
11,626
186
131
2,790
2,235
1,054
476
4,937
4,039
727
28,201
1,732
14,356
1,369
775		 2024
£
106,036
-
106,036
25,464
2,495
27,960
133,996
2024
£
9,771
138
30
6,491
2,220
7,281
147
6,352
4,201
550
37,182
2,711
17,314
861
710
21,596
2,929
2,929
18,232
760
760

11

Notes to the Financial Statements: Year Ended 30th September 2025

3. Tangible assets

Cost
At 1st Oct 2024
Additions
Disposals
Revaluations
At 30th Sep 2025
Depreciation
At 1st Oct 2024
Charge for the year
Adjustments
At 30th Sep 2025
Net Book Value
At 1st Oct 2024
At 30th Sep 2025		 Vehicles
£
8,950
-
-
-
8,950
1,492
2,051
-
3,543
7,458
5,407		 Sound &
Musical
Equipmen
t
£
5,964
2,150
-
-
8,114
2,820
1,565
-
4,385
3,144
3,729		 Machinery
Equipment
£
1,400
-
-
-
1,400
847
424
-
1,271
553
130		 Fixtures &
Fittings
-
-
-
-
-
-
-
-
-
-
-		 Total
£
16,314
2,150
-
-
18,464
5,159
4,039
-
9,198
11,155
9,266

4. Related Party Transactions

During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 3 under Central Office and Charitable Giving.

5. Trustee Remuneration & Expenses

During the year, there were no payments or reimbursement of expenses to trustee members.

12

Notes to the Financial Statements: Year Ended 30th September 2025

6. Staff cost and numbers

Wages and salaries
Social security costs		 2025
£
-
-
-		 2024
£
-
-
-

No employee received remuneration amounting to more than £60,000 in the year

Average number of staff

Pastoral
Admin		 0
-
0		 0
-
0

13