Ckvlty 11690•9 171K RKDKZ>IiD CHR1811AII CHURCH OV IIOD GREAT HiaH PLA(X TIiU•1tU RtPORT AND FINANCIAL 8TA1EMEWT VOR THE PERIOD ZNDED ai Df£zMBZR 2
Th• R•d••••d Chrl•tl•A ce of I), Otmt Hlts Pl•e• •t•t•••ats fw th• y••r •Ad•d ai DK•Ab•r 2024 Ca•t•t• Ch8nts' Inform•tn Obj'ects of the chanty Summ•ry financial 81tn stsiement or tTUitee• •)n81b11lty Indendent examiner¥ ZEP)rt FndIn& otem2nta.' Statrnxnt of final] ac¢ivitie• BalArKe S1 io NO1 w the ¢Un li-
Th• R•dwY••d Cktl•ilA• •t 04. Otwt PIAII• Tr••t•••' •••¥JAI r•ptst for th• y••r •d•d #l D•e••b•r 2094 Tl)e InLiiet# IXTtni Iheir an(1 fii)anciAI •IntrTT1lt lor Iliv •r endcd.ry l DeCem1r 2(Y24 R•f•¢• •dmlnl•trtfv• lthf•rn•tl• Ckry The Redeenrd Chrl8tiAn Church ol Qod. 01 High Place. itor E A Adeknye P••t•r l• •ior Iredcie Oyedele Th• (knntyb aFw¥ of MIll and UK dwitabl• traI¥L The ehanty 18 reBiBlered in EnRknnd i¥ W4k¥ with the Charity Commilslon in Enfind & W•le ICCEWI with Thumirr 1169569. The ehanty doe• not In any overnea• Jun•dictton•. elo Pl•r Iredele Oyedeie 7 Kelv)n Strtet Welling Keni DA16 2EH CR.8alh1ghp[&cq@11.eOrn wwW.grrihi8hp1Qce.or@ 07950747420 P8Stor Oluwoic Ojrnekan Pastor (Mrnl OluJol& Oyedele Pastor Israel Adckunlc MC Alph& Coniul¢ Llmiled Unit 2. Cxjncord Houae 41 Overy StTEel DArtford DAI IUP B&rclay• Bank Bexleyhe&th Kent 8e2
Th• R•d•••d Ctsrl•tl4A Churets of 0. Ormt MI PI•0• Tr••tw•' t•pt f•r th• yw ••d•d ai D•c••b•r 24124 O•J•et• md •etlvtt£•• otth• ch•rfty Th• p•rp•M• of th• th•xlty •• ••t IA • d•e•m•t l. The odvancement of the Chn•tsan 118> worldwwje and 2. The rrlielol FKJverty. It pur•ue¥ thc•e object• by ihe OFeroIn •t i1• woThip Cent Ai * facllity bocated •( Hernna Pnmiry Scknl Th•nY•mrad C4mw•. Indon, SE28 OEA. The inJ•tee• h• e0rnpt wilh ¢he dury in Seei 4 of the ChAnties Act 2(>YJ F•KI duc to publ tfit when prEnn6 thi• The tnefil PTDvthd to the Publ i con•Jatrnt with the •imi of Ihe ehanty In the Uniied KinN)m The lrnatees h•d the Chnty Cornm1•1n' gulda on blK irnefit in I.nO ihe leti10 of the chanty. The church is grteful lor the CommitsnI And ellortj ol it• w]UnlI •re In1ved in •ervKea pro10n eiFttIAIty dunng w>ii pndemie n0d The ehurth hBs OT 20 wlunletrd eommiittd to wortring in nou1 deF•rtTrnl8 ol Ihe ehureh. The ehureh eoniJnue¥ to di•FrnJe the •erye ol heada OrdertMent And mLnLSter en•ure thit the vlue i• denf4ed (m the •trrlin8eifon• of the K•luntreTr. 1The tnJaiee •re pka¥ed ihat the church coniinued to •ucee••ful •pJntu•lty by mini•tering to mny roF4e in pr•yer •nd welfare. The ehurch h•• impDstd in rr£mEer4hip #titnqth i inere•m4Jy re•¢hing oul to Ihe community. Si8nJficsnt aeLlVltie8 Lh&t c£intnbua to the •ehiement of tk•e oetifit• wert. l. ComrnunLty t>utTr•ch crn¢• 2. lerncei whth InFnted guest •peaker4 3. Well¥Lre •uPrt for rIMr> 4. Cnn¢¢ A nrnl• Gr8nt• wete mAde other ehantabje The thh •UPrtA mi•ionary orpni•aiKJn •ueh the FetivaJ of Life IFOLI and the World EvanFli•m Mig•Jon IWEMI. •nd other rnJS8K¢ns proiectB withtn and out•Jde the UK. Th¢ ChUh l•o PIDd¢¥ ¥uprt to of the ¢t$ll8Tr1ll Iql the dwerrn of the iru•tee¥l wlb) in need. P•8e 3
Th• Rd••m•d Ctsrl•tl•x Of ood. Ormt Hl¢h Pl•e• Yrn•t•••' •An•AI r•pry¢ for th• ••d•d al D•e•mb•r 3trJ4 P•blk kn•fit rhe ¢hu h, qiindas. and mld wetk •erviLY• OFen to Ihe ne131 public lo enable them bulld on their f41th. Other lei1vitl of ihe chanty IhAI Ixnefiied ihe publ dunng ihe Jrar aTt'. l. Event orfani•ed durin8 the year 10 prnrnolc ChritiAn f&ith include d19tnbiilion ol leaflel• with Chn¥tSan meBBagrs, org4niin8delirr•nee 8ervKY8. All night viwli, I¢1 prnycrn And court111 2. Other &etswtLe# io help rniae ihe pfDfile ol the charity in the bcl community lftclud¢d pcnic•, Mothern, D8y P¥lhers' dAy cekbrAiion•. 888ter n)Adshow cic 3. The eh4rity gh4r8 WelfA to INJth her mem and TrMIrJ tsf the community dunn8 the year under ffvTh. 4. SrifIC aetivii# hr the rrlicfof TDverty in thc are4# of Ir81ning A Thd eMnring ol the memtern Ind the cornmunity in st8rtin8 up bu8Jnes8eB, IXlAing familie8, counsellin8 etc The trn•tees confirrrKd thAt they have rrfcrred lo the 8uthtKe eonlained In the Charity CoTrornsion'5 8enerAI uidanct on public nefIt when reeIng the charitys aimj and obJecli¥e8 And in pJ&nnJn8 the future aCtylIeS. triistees Are elected on the ba#is ol the contnbution th&L Ihey will to the 80rnan ol the orgArh- i#&tft and the skillx thai they wyll eontnbutc. They are proVed with tOPLeg ol tht Chanty CA)mmis1n. Unce And an in(dttln to the aclivii• of the chanty by the extsting bxrd. The crity J8 ¢Trry8nised so thBI the trustccj ean Tkxet TEgulArly to martar the AifairJ of the chureh. All rn8JLir dccthions are collectively t&ken by Lhe truJtcc•. The wuttecs are untAid and detail• Df RtLy Latcd Frty tr8n¥aetioni dis¢lo8ed as applicable In the note3 10 the account. The Pan•h Pa•tor rn•na8¢¥ the d&). to dAy 8dminLStTauon ol the ehurch. MC Alpha C£Jnsuli Lirmted Unit 2. Concord House 41 Ovcry st¢1 DartfoTd DAI IUP Ba]y* Pank 6 Market Place BexleyheAth Keftt DA67DY
Th• W•MDed CbtlAtlau Cbureb of (lod. QrwLt lll8b PIAo• The Trnit¥Jn ofthe clwi'ry at 31 lknmtr 21 a)mF•rnDve• k•T th? Frwy]. •• ¥ty)re Net IrQuKllb) 140 12. Re8uttd revenue fuThlJ T•Xal fand• During the )rar, irthme of £42.6251£21, 191 20231 Fa8 recer4ed as voluntary donatb)n• exces• ofirthn tyrtr expermlUte fi)r the year. a8 81)wn in 3¢atrubent gf 6nwThl aetNits waJ 5£1.4341&140 in 10231. Tr vah of net asets • at 31 tkeember 2024 wa8 %12. lth.&J6 w 2(fa31. th• rl•kn to vhl¢b th• ¢h¥zlty l• •xpw•& r•¥l•w• aod •yrtem• to mltlDt• th• The tru5tre8 have assessed the may)r nsb to tl ebarrtl. is exFxHed. partrular tlrse zrlated to ede)e ('edek Charrered Certsfxd Aecvuotsnt MC A¢Unwits UK IA fu7n of Chthertd Accountwts) Unit 2. co01 Hou*e 41 (hery Stre¢1 DAI IUP
Th• ChTl•llft ChYeh •f fj. ljwt lIts Pl& TrMt•••' tta•l r•p•rt f•T Ik• y4r •nd•d 31 D•e•b•r 3OZ4 Thf inI%. • trtiite¢ ore for ihe PTrP•rniknn of Ihe •rrount¥ In •crofdAn¢¢ With ihe Itrm• Ihe Chantbei Ari 2011 •nd ihr Ch•nli¢i IAcrouT411 •nd REn1 RtKvl•tlontr 2008 NoNilhsiandJn8 the expliclt requlrtmtm In the tJtAnl •l•lutory It14tN, the ChArtite• IAtt¢Junl¥ ttr Rwrtsl Rtyil•1D% ?W8, to pP41T ihr fin•nci4J st4tcmcni• In •C¢OTd•n¢e wnh lh¢ SORP 2W5. Ift vlew of the frt tht the SORP 2Tr)5 bttn M4lhdrn¥m. the trusiee dcternfftd lo irtterwel lh T¢iP)mlblJlty Ttquinn8 ihem to tollox, eurrtttt best pr•etiee and prepwe Ihe •CCDunl# Accgfding t> ihe FRS IQ2 SORP ISIAiernent of ReComTDCnd Prnrtke for Accounts And Rcp)rliry by Clwitiul 2015.1 •mend¢d by the INlknin issued m O¢10rt 2018 •ppbt4bk •ccountMw Perh bewlry rn or •fter l•1 Janu•ry 20191. In KUl#r. th¢ rlwrity J•w Irqui il Bgard o[it¢cl lo wrF•r¢ IlnancW e•eh f•ff •r nd fw view ofthe I1¢ ofth of iht charlty •• At end of the rffi0nd yt•r •J IUNted Kin8dorn Atcounting Stndrds and pplMbie iwJ. . stlert swtAble xrounun8 polKle And appty thew eoMi¥icn - mA>tt Judgements t¥iunaies thlt •re reA¥on#bk Artd pwdent. . prepart the financ Jiremenl¥ Dn the Kolw ¢on¢ern b•six It to thml ¢he thry Mll continue in buxineu, - Ètllte tA.hether appiLc&bk ccounIu 8t•1¥ and ¥latementJ 4fytcorAed Pr Iw¥t beea IAW reqwr¢s that the tYu•tees mugt not •pF¥o¥e th¢ ccount¥ unlt81 tIKy aTe th•t It 4¥e true •nd flir ofthe 8we Offf Dfthr ehwity 01 the surylu• w lkfxlt ofth¢ tbanry for the ytr. reasonable a¢¢UTry •t Ay the fInaDu rNMitivn oftht ¢h•nty and whKh Are ¥uifLeient to ilww •nd Chan'iitl ACL They •lJo pible for a•fe¢uardry tht •IsttJ ofthe chwity And henee ftyr t&klfiK 1bt tru1t we •lfo c•Dnts oftbe tsU¥t¢ea' rtport. •nd th¢ 4tAtutory rUPY1ty the Indewthni EMmlner In rEl•t)n tru•letts' report bel iudted to ihe ryrt ettsur1 tht. ott the facr olthc Yewrt. ther¢ m•Itl luc0ten¢k with the lo th• The t•lenmI h•we betn WEF•red Ifftpleinentlr¥ the FRS 102 SORP IStatennt 2018 and ppllcAble ro •U AcryuDiin8 pcrityls on or ¥fter l•t 2019). fn S)m •Thl d bytbe bDvd dtsust¢e• ¢)n22 Oct4thr 2025
fb• R•d••Th•d Chrl•tl&th Cbureb of Ood, Or••t Hl4h Flac•
l•d•p•nd•nt •xwnln4f'• t•port fw lh• yw# •nd•d ai D•thiab•r Y34
Rrp)rt lo Ilb Tni8itr• of 11. l
Th• R•d•em•d Chrl•ilaA Cbureh ot (lod, Ormt n•¢• Ind•pndent •xmln•r'• r•port f(r th• y••t •nd•d ai W34 C4)Dseqiirnih., I do th)1 extYt88 an &i¥lit 0pfftn on ilr. vkw iiwcii the slAiementg. in nilAr. l explrss Tyi opinKin to WIxTh.tlr fuiwKiftl #thlctnentj gNe A tnie arKI fAir vw of the affan of the clwit)., )d i• lllnitrd m#tlerB ael oul in the 8tAlennt beknv. I plrtnn And .rfornd my eXAminAtn go as to gats•fy mJTelf thai otye.ctsve8 of the. IThleTyeTht exlInlI0 8rE acl)ved I[01 the l olxamjed wniten as8urnnce$ from t} tnJsteeJ of all MI&1 njatter Ind•p•4d•Dt eX1•r.8 •tat•m•ttt• r•ptyt oplnlo This a of eXanutlTr CATrd out uTrJer 145 ofthe Aet in acc with diTectKJns kn. Ch8n"ty CoTnmi•sW)n Utmkr Jects>D 1495Mi4 of the PKt whrh may appittbk ATh1 that no Jnatenal t1[8 ve my attents)n in COnCli0n with txaminat)n rnuse to irbeve th8l BJ)) maiengj rn8F¢CL' aLtounur4 reo)Ttl$ were not kem iti re8Fct chanty a• rtqunEd by Sectb)ll of tlr CIMnt• eontrnt ofem)unt$ set out in the Cht5 IAccouDts aThl Rctx)rtJl Regul&t¥)n5 2()8 other tban any reouirement thai aeiy)uni we• a.1n •Jxl fgjrf vmv whrh i¥ ty>t a uJ&aer ¢nx¥lernl as tAn of a ldedent examuwt¥) attent slwjuhl Ix drqwn rep)rt m oDJcr io eDabk a JXDper undcr¥taDdiD8 of ststellnt Date.. 22 (knirr 21Y15 ITedek (tyedek . Ir¥lete1ent Exatniner MC Alpha Con8ultmg Lirnited {A fm ofchartczrd CertifKd ACuntants) Unit 2. CL)rord Houae 241 ()4ery StRet DAI IUP
Tb• R•d••m•d Cbrl•tl•ts Chur¢h of Ood, Or•t Hilb Pl•c• latemeot of finaneial aetlTltl•• IIAeludlDx ltt¢om• •nd •%p•odltur• &e•ouDtI th• y••1 Curr•n¢ Curr•nt Curr•nt y• y• unr••tr1ct R•¥trfct•d Total Fund• Prnr yeAr Totsl fr'iincls 2023 2024 2024 Ine4¥n• & •Adowm•nt• ftoffti 17,625 17,62S 10.cu) 42,625 463S 21.191 I.192? 21.331 •4¥•ndltllr• Ir4t IneoA•lllo••l fry th• y• 6,434 44a4 114q 6.434 4a4 6.434 114q Total brought k>nv•xd fuAd• ¢•zrl•d f(rwmrd The 'SORP Ref t>¢ed 18 the el&88thcatb)n of irome 8et out in the fornxl SORP doeuttnts A• required by rAfwBph 4.60 ofthe SORP, the brought forwa1 and ¢arrnd fonvanl frd$ •txwe b&ve ix¢D •8reed to the t410¢ 8heeL AU artivir• delive from CODlinuill8
Th• R•4••••d Clrt•tl•• ClJth •t O•d. TlW• Twwble Calh ai b•nk •rd In h•r CTrthi•Tr Amwnl dup •ner l yew 12.aC4) VvuT4tntied lund• 19
Tb• Rl¢m•d Cbrl•tl•n Church of Ood. aTttt Hl¢b Hae• Notw to th• &eetnt¥ for th• y••r •Dd•d 41 D•ther FuThlB gerrnttd in the yeAr det•ikd in the )FA Resourtcs appbEd on funcuoiwl fixed assets Il•t T•WXe•• &vall•ble to fuad eh•rlt•bl• A¢tlfrttl•• 6,434 (1401 The Ttsourn• appl on &xed a8#ets for clw use PreSentS the c¢•t ofaddi¢KJn• k•• ted# ofany IknTem•nt• kn r•v•uM• and ¢•pltal f4ttd• t4Y eh• y••r •tsd•d ai D•cM 2¢7a4 Total 2024 2024 2(Y24 1023 A(tumutea fiLNl$ brought fonyard 366 4a4 6.434 Ck$•i Trvenue fund Total 2024 2024 24 23 ltscom• Income frnm ottrntKsn8 Other OFtrntin8 Grants 17,625 17.628 2,89) 623 Chlbk eXtre, exclud]DR deprec0 a1 alrS&¢)n 20.731 192 fftsl expadltur• In the y• lry•d •UTplu•l{d¢Adt) r(r th• flaAtseW ymz All l¥l[lea derive ¢ontinuing Operan The rK>te• &tt8ch¢d on ]w8 1 I w 22 kjnn an inteKral wt of accounts. e li
Th• Red•em•d ChTl•tl•o Chureb of Ood, ar•at Hl¢h PIAo•
¢t•• to th• aeeoutht• for th• y••r d•d 31 D•c•mb•r W24
l. keetIllI pollcl
P•Ude• r¢1411n4 t• th• •ductIon olth• aceouftt&
B•Al• of sY¢pv&tlon and Aec4>UAtl4 e¢)tsv•Dtloa
The #ecount8 1)uve Len i)TrpAred on the aecrt1S bRBi8. under the hixthrA Ct conventKll. 8Th1 in aCcO-
•nct with tht rmClu1 Rei)onm8 SiAndard 102, Icffe.rtsve 18t Janiiarj. 20161 and 'FRS 102 RP IStatCTrnt
ol Recommended Practice for Accountmg Rewrtsn8 iry chtieS2015, la8 ajnended by the Fjiiuetin
ilsued m OctoLxT'2018 appI&b]e to all accoun)8 on or thr lat JAnuary 20191,
Chanty C<)mmission in En8)And & Wakg ICCEWJ. effective JAnDw 2016, accordance with apP-
able chanty's Jun8dn of Tewstsation, cxttpt that the chanty h&5 preFed tht 8iate-
ments in accordance with t•. fRS 102 SORP Istsiement of Recommended praCe for AceountuJ8
Rep)rlS by C,l]antscsl 2015, la3 allxnded by the FJulk(in ithNued in IkwEer 2018 ld appIable to all
vLeountm8 n0d8 on or after 1st Janua4, 20191, (Tlx SOIUJ. m prefeTrnce to the previous SORP.
the SORP 21x95, whKh has ixen witmrawn, tWith$tAndK the fACi that extani atatutory regUlan¥,
the Ch&nties (Accounts and ReFQrt•l Regulall& 2008 refer explKiity ¢0 tlx SORP 2C(15. Th18 has t¢¢n
done to aOrd with cumnt t8t practre.
The chRritable activitx• we entirely de[ndent on continuin8 Krant Èxl •JM4 voluntAry as well
tradm8 ¥¢¢. As a con8equenct, the going concern Ixsi8 18 dendent on the future tknv of these
uThxrt8in fUndR atttan. AcconlRIv. the Trnstres have Obtaed f0CaSt8 atyj. after revw1nR the
forecAsts for futuTr to 31 Dcccmber 2023. the Tru8teeo are 8ats8fied that. at the t]me ofv4PP
ovin8 the financ1 statrment8, tt appropnate to adopt the goimg concern preparmg the
8latrtnents Other tban these o)atter8, the TN¥t¢e# ar¢ aware of Any tDatenAI u¢alIeS atout
chvity8 &biliiy IL) continue AS a gomg crJrKrn.
Ineom• from •x¢b tran•actloM wheft the charity reeewi¢8 value from the dowr witknut pn>vtilll)R
equal value ¢xchang¢, and includeo donat¥)n8
th• R•d•Mn•d Chrl•tlafj Chuteh of Ihd, Ot•at Hlts Pla¢>• Ilat•B to tb• •e¢oMnt• tor tb• y••r •od•d ai D•e•mb•r W24 P•lldM rnladff• t• th• ed0ft •y th• aeuun¢4 A•Qoll#t f•t d•f•rr•d lo¢ofji• •nd In¢oJi• t•o•lv•d In •dnoo• WheTr tern?8 ¥1 CoT¥liln5 1ling lo Inco hAve noi t met or uncertAinty exilts a• to whe.ther the eharily c&n meet trrn)# i)r ct)iidilx)ns otl]enwiv. Wil"n it• COTitsoL i?e i• noi reLXWlJ8ed deferred liAI)thty untsl it i• that trrnii or wnditJonJ Ami•¢d Gqn Any 8r•nt that •ubiect to rforMa-Tt1ftt¢d CK)ndith) rece.ived in vance of delr4ertnB t1 8cdJ aTrJ •ervtt• Ttquwed by that colitKl or ib ttulJ'ect to unmet c4JThIits wholly outse the cont1 of the TrciPnt clwnty, 18 accounted for a• a liability and Shown on bHI&e •let V4• deferred Deferred AM>tlle i# kaed to irKome in JEWrtinq pei)d tn whh rk)rt%.rcIttd or other tx)rMfi"tw) thai linu'i Ttcwiix)n MCL When im)me frorn a gtBnt or donatxjn hA8 not Fxen reColSed due to the 0)r¥lit)nO apptyu¥ to tl r)t beinR wIKJIty withu) thE wntyol of the IrclnI chan'ty, it is di8ckn¢d COntgerAt aJ•¢t Af re¢¢t of tl ant or doD8tv)ft is Proble onL% those condit)n8 are Where lime related conditsn8 are imw8ed or implAI by a funder, then the income is aprrmI w the erned, 1 whett applicabk, 18 accounted for a8 8 liabth'ty and jhown on the idance sknt def¢ed iD(x)me. When Are received in Advance of the exkxnditU on uvity funded by thell4 bui there are no time re]#ted wThlition8, then the iNx)me M not deferred. Any (x)ndition that aIbw8 for the L)Very Pry the dOr of any unexF¢tsJed Fmrt of a grant doe• rnt prevelrt cl)g)rt of the itxoa concerned, but A liability to any T¢Yent ia re(rW] when re5HyUOt ircx)m pmtrAble. Income kgacie• 18 reco13¢d wn the Ch1 bos 8utsnt eviderTh that a teen kft to the that Wkn¢ qtred. pTrbatr Iws Ixen grantrd tlr executor 18 3atisfied that the PTh)rry in qUestft will Tr)t requId to satisfy c]AUD8 in the estatt, that it 18 prnlmble that tbe amount recer4ed by chanty. and the amount etIVed can IK estjllwtcd with aUlent aeeuIacyi t1t a1cld to the either With the Control of the clwity or hBv¢ been meL Where a FwTnent i• Teeeived An e8tatc or 18 Tr)tthed as T¢ceiv&ble by the executorn after P)rt date and rOlE tl accounts Ale authorised for issue but it Is ¢icar that the FaytDeni had Ixen 4reed bj the execulora prnr to the end ofthe reForling then the Awount (x)ncend treated as an adjustu eveni and accrued in the w>untm8 Ftriod if rettipt ty pmbAble. the charity has established entitknjent to a le8&ey but there is UDCtrtaiDty as to the allUnt or nt, detads of the leypry are disck)sed ao a contsngent P4&Jet until thc criieii& for iDcome recognin a IxieL Where a legwy is JubJeci to the u)trreBt ofu lrfe tenani, the legacy 18 not recoKnwd In0)u untJ] ttr death of the life ten8mL 11 li is doubtful that full Settlement of a Ic8acy dcbtor Lr 1ved. then an adJust- znent is trde to reduce amount of the legacy debtor 8Jxl kgacy rnth¢r chawnq the JUst. nt ax eXnth.tu[C io the Sthtrant orriinancial Aetivitie8. Page 13
Th• R•drn•d Cbrl#tl4D of (lod, ar•at HI Mae•
Xot•• to th• uTriunt• fot tkn y••r •Dd•d ai D•v•oth•r 4
Qlft Ald DoMtloa• from •ub•ldlrl••
I.WS 102 TrqiLiifJ Rift HKI Imi inei)tJ from 811bBidiAfieA to l unthd for eon818teiitty with divMletMI•
F1£5 102 qui5 dwKlri)ds lo Ir TrroK1118rd wl)ei) t1. ol)ftrrli¢)klr.lu riRlit io recefve Y1[t li e8tsAbli•hed.
The IxJr.til clwniv'u ngjit io receive ¥17111 18 c•IH1)knsld whcn the JiilJ8KJwy Iw8 A legul obliwjtion to
th8th1)uie its i)rof118 It& ow'neTr Ai il]e. relr(m& date. T[Ore, the Kjft aid plyment th not 8ccrue.cl in
thesc indNidiiAI Rcxx>uni8 of tly. Imrent chAniy unJe•• a le8AI oblwitk)n for the juhwliary to rfjAke the
tM%ineni exist8 ai the re)rt dAte.
P•llda T•140 t• th• r•ducei•A •J th• aco•wit
itMX)ux, deknted to fixed ks8ets.
Doaat•d zoodA that that Ilx•d a•••ts aco)untrd tsr at a fwr value. unk88 it 1rnprnct]C ts) reliablv
eaSU the value of tlx donated itru)s. In the absence of Any dutct evMjer¢ of fair value of donatrd Bcxxl•.
then a value is dtrrled fn)D) the cost of the item to the dorw>r or. in the case of gocd8 thai are excted to
, the e?tsmaied 8&le value after deducting any an11d eosi8 of 8e6.
Ir it its iraCtIbIt to measure the fasr value of gTr)d8 donE4d for reBale. or the o)Jts of valual¥>n outwe4h
the Ixnefits, the dotrd &re Ttcogni8ed 89 Into when 8okl, with an equiv&kJil AmOLU)t rec(va-
nd a8 an eXne The Ixnts of so6 dollad for d1stnbUtTh to Iner18 18 de.td Ix the fair
value o( ttK)sc g
Tb• R0M•d Cbrl•tlan Cbur¢h of (lod, Or•&t Hllb Pl•e• Ilatw to the a¢¢4Mt• Tor th• yw •nd•d ai D•vmber In eLroTr18nce with the SORP. ard in reo)gniix>n ofthe ddrKultS in placmg a uDnetary v8Jue on the conth- froni voluntrer8, the contnbution of volunteern is Irluded within the income of the chanty However, Uie trnstres value the si8nJfKant cDntribuiion made to the activit8 of the eharity ly unFAI volunteern aThl ij denId MO fulty in Note 4. Tanglbk fL%ed asseis are mea8Urtd at their ongll cost vahje, or sutrfequ¢nt revalua. or if dorjated, de8mied atove. C£•8t va]ue inchta all eost8 expeI¢d in bringll4 the asset into its Intended WOTknn8 0)nd]. DeFFtCWtiou tttn provmled at the following rntr8 in ordet to write off tl as8etJ to thelr aDtripMted SKIu value over thejr estiuJ&trd useful bves. Musxxl 4uipment 2(Y46 8tr8i8ht ]ine G)mputer equiplnent 20% strajght lioe Moror vebrk 20% 3trai8ht ]ll DebtorB nThsuttd at t1r rethvernble amounts at ts IXI( strttt date. Cr•dlt¢xs and FO7108 Short ter Cd).10 &te measured at transaction pwice (which is usually the invoice ptI. IA)Ans aThl other fin11 babilitscs are ItllY reeogth'sed at t[s&¢th)n pnce net of any tr•n3actsn co8ts a1 subjeqtsentty Iru5ured at amortised <x)st deterniined using the effective iotere8t zuethod. futh4s aYall&bk for uje at dtsthrtn of trn8tees in thrtbersnce of qenernl obpc. tNe8 of the cbanty. Gera} fu18 arc unIr8tsict¢d funds wh are av¥ilabk for use at the th$ertn of the trustees in furthe aoct of the gtneral objective8 of the chan'ty and which have Th)t been designated for other purtX)Bes. Re8trthd funda are fiJrd8 wbich to be used in aecordantx with Speci 8tn6 iIIIWl8ed by donorJ or bh h&ve en raised by the church for pattru]ar purFK)scs. Tr costs of TEi8Jn8 and administrnng Such fu19 ch84ed against the The aiDL and use ofeach restricted fillxl is set out in the 8 to the fiD8ncJ&i sTAtrnnts. Pa8e 15
tb• R•d••Ya•d chtl•tI Chur¢b of Ilod, (•at Rl4h Ilotw to th• •tet• fw th• y•v •thd•d al D•e•mb•r )24 U•blUty to taloa A£tordu4lv. the ch&rlt' i• p)rent¥41lv exe.mpt fmm laxai#)n in re•peet ofim)me or eAP'tl 8Aini TreeNed to the e.xteni ihAi 8uch inix)me or 8ainJ are •pd exeliiJIty on the acir chfftn'tsl objeets of the cnty aThl br other puTpw. Valiw. Added Thx is Th)t reeoveraNe bj the chln'ty i• the)re inelthled in the vAnt ¢o•ts In the 8t4te. Dnl or aciivitie•. & Mndlty4 up or alwtIOn •f th• eh•TIty If iip)ii N Uid1 up or d15solut)ii of UY. chAnty any aa•et8. after the •ats•fxX¥)n ofall deFA• nd liabthtses. the &saetJ represe.nted tty the 8rcumulAtrd fund ohall tsan•fenrd to •ome other ehan'tabk or ble& hAvu)R 8uailpT ow¢• ts) ehThnry. Tb• eOntrIb1oll orvoat••ff¥ The chRnh. dcsxnds on the suMx)rl of 118 vohjnteern. whh i# much AppTrev4ted. The ehuTeh ty 8rnteflil fr)r the uThlkn)chin8 efforts of Ita volunteeT¥ who aTt tswob4ed m NezvKe i)fOVi¥M)TL oifxy work And admmKtratx) The rniReiixniJ witl) voluntee.rn arr diff1111 io value ptIl)Y in terTD8 Ive rM)i Ixen reeognhsed in StBtemeiit of ftctsvit.s. The volunteern Arxl ch•nty aLxYpt and figree tht rn) )t)trnCl of empk)i'meni i• eftated by these Jrnqements. Tr ChUh over 15 Volunteers o)ttuwtted to wor]a vrM)U8 departnxn¢8 of the church. & il•t Mtrplp• b•try• th• y 23 The rt iurplu• (b881 in the finaneial ye•r li 8t4ted aft¢r Cl.. DePCIall0n of owixd &Yed a88e No truitee• or Perno eontte with them reeer•ed •ny from th¢ clw, or any TrlAd entity. Pa88 16
tb• R•d••m•d Cbrtstlan Cbureh of Ood. ar•at Hl&lh Ma¢• Ilrt•• to th• acet for th• y••r •nd•d ai D•e•mb•r YA4 7. TaD¢lbl• Il%•d A•••t• Cbwch Bulldlai ZquSpm•At Trt•l At l Jwuary 2024 Additb)nJ ui the lear r•ekntlou At l Januw 2(Y24 Clw for the perKNJ Il•t book TAIu• Other cThb'ton IndepeDdent examinAtY)D fec 17
Th• R•dwm•d Cbrl•tlitt Chur¢b of God, Or••t Hlth nAo• Ilrt•• to tho ac¢(wnt• fof th• y••t •ttd•d ai D•o•mb•r afYa4 Inoo•• and Exp•ndltur• •umrn•ry 2(Y23 At l J•nuary Sury)lu8llb•81 of aNx)me over eX111(re 11401 6,434 At 41 D•rnb•r I¢X Pwtl+xl•t• of partloul•r aT• r•pr•••at•d by ••••t• •ad M•bUItI•J Tat•J nd• Tot nd• Jund 2024 2024 2024 At 81 D•c•mbqr T8Dgibk red u8etJ Cuntnt a8ielA CumDt bAbdiiie* 14,(K)O 14.( f)(X) 8tY) At l J•nuAry Tanw'bk fLxed aN•et• Currrnt a8ur.18 Cunrnt bAbth'tx• 6,6 C)()0 9,40S C)tK) Pale 18
Th• Rèdeern•d Chrl•tl•n Cbweb of Ood, Or•al Hlth Plac• Ilo¢•• to tb• •ccouot• fof lh• y••r •oded ai Dee•mbor YJ4 I l. Cbafry l• tatal o¥•r th• y•v, attaly••d by l#dlvldoal fv•d• Pund• d• ¢•rrl•d rorwArd Xov•oy•ot b•tvwn Dd• l forw•rd Vw•rtrt¢¢•d •nd d••IAt• ld. UnTr*trtrd ThirKI• 6,434 12. IJu11 thrMI ret r•rtrlct•d fvndA pln# & JloTem•nt e•rrl•d a4 42,625 434 The Redeeoxd Chn5uon chUh of God ia the m#in headquarter8 of all RCCG Church brhe8. Du the star, the church dKI nol tU1)n&l &rt$ to other RCCG or8aru8atr)ng Juch a• Workl E¥an4elrnl (WEMI ar¥J Centrnl oifL% Fund ICOFI. Pale 19
Tkn R•do•D Clwlrt1 Chwets of Ood. Qreat H•¢• DItled AnY•l of llleorn• •nd •xpDodltur• for th• yw •thd•d ai D•e•ath•r xn4 u T•qulr•d by th¢ X>RP )115 Donatl•w ft& a4d l•pd•• yund 2024 2024 2024 17.625 17,628 Jknnd• 2094 2024 2024 25,C ctsi io,cxx) 2024 2(YJ4 2024 TY•vel arml 8ut*isi¢rL Chb Welfart 2,482 120 2.313 17.902 2,3XJ 2.482 120 2.313 17,W2 1,511 1,493 7.5 15 Med4 webw'tr e 168 Page 20
Detalled aMly•l• of Ixo•• •xp•ndltrr• for tb• •od•d al D•e•mbw 24 • rwJlr•d by tb• 80RP l?. Illlppwt oo•ts far ¢htlt•bl• artlf•ltl•• Jund Ttxalfiud 2034 2024 Rent rntes 8325 8.225 85 &51 SuEocnpts)n to 1¥1• exn¢S TekptrKbne aA trrnCt Ce L*bthty atml contents itKryuianLY (02 45 256 &35 662 45 256 957 190 ¢172 tral Due• 150 Othcr kgal aud profcssum 424 434 424 424 Pa8e 21
Tb• Redeemed Cbrl•tlu Church of l)od. Oro•t HIO nae• Det11 •nAly•l• of ID¢Om• •¥pendltsr• for tb• y•Ar •nd•d ai D•c•ubb•r W34 •• r•qulr•d by tb• IY>RP WIIJ Total fvnd 9024 rofdl f14nd 2(r23 2024 2024 1thndet k¢ T¢•1 ¢h*ltabh •xp•Adltur•# To¢al 2024 25.168 10.424 9024 2024 25.168 10.424 Totsl d1ct sndIng To} SUFTOrt costs 11.639 9.(Y)2