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← The Redeemed Christian Church Of God House Of Joy For All Nations

2025-03-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD

HOUSE OF JOY FOR ALL NATIONS

THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF JOY FOR ALL NATIONS

TRUSTEE’S ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2025

1

HOUSE OF JOY FOR ALL NATIONS

THE REDEEMED CHRISTIAN CHURCH OF GOD

Page
Corporate Information 3
Board of Trustee’s Report 4
Independent Examiner’s Report 13
Statement of Financial Activities 14
Statement of Financial Position 15
Accounting Policies 16
Notes 17

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Corporate Information

Registered Charity Number: 1169669
Company Registration Number: 10016245
Principal Office: 7 Newgale Gardens
Edgware, Harrow, Middlesex,
HA8 6JF
Board of Trustees: Mr Olayemi Sobowale (Chairman)
Mr Joseph Oluwatosin
Mrs Olusola Aina (Secretary/Treasurer)
Pastor Patrick Tolani
Bankers: Lloyds Bank

3

Board of Trustee’s Report

1.0 Introduction

The trustees submit their annual report and the financial statements of The Redeemed Christian Church of God House of Joy for all Nations (HOJFAN) for the year ending 31 March 2025. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

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

Status

The charity was constituted under a trust deed dated 19th February 2016 and is registered in England and Wales with charity number 1169669.

Appointment or Election of Trustees

Trustees are appointed and or co-opted under the terms of the trust deed.

Policies Adopted for the Induction and Training of New Trustee's

The induction process for a newly appointed trustee comprises an initial meeting with the Chair and other trustees, followed by short meetings with the Parish pastor on the powers and responsibilities of the trustees.

Organisational Structure and Decision Making

The charity is organised so that the trustees meet regularly to manage its affairs. The Parish pastor manages the day-to-day administration of the church.

Related Party Relationships

HOJFAN is a parish of The Redeemed Christian Church of God which has parishes all over the world. The parish's relationship with other parishes is governed by an 'Agreement for Common Purposes'.

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Board of Trustee’s Report

1.3 Objectives and Activities

The principal object is the advancement of Christian faith worldwide and the relief of poverty. To promote any charitable activity for the benefit of the local people. To achieve its objectives, the church adopted the following strategies:

This current financial year, HOJFAN continues to play a vital role in the Borough of Harrow, representing the Christian Faith and delivering high quality teachings and services in the advancement of the Christian Faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust Deed.

In the financial year under review, we have witnessed an improvement in the performance of the legitimate activities of the Church, successfully delivering all the events set out to the community without any hindrance.

The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit, and they confirm that Hojfan has provided public benefit to the extent permitted by available space. Hojfan used the avenues listed below to benefit the public as much as possible.:

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Board of Trustee’s Report

teaches rhythm and patterns, concepts central to math, and decoding of music notation boosts linguistic and analytical skills.

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Board of Trustee’s Report

activities during the year under review, as we do not have an administrative office .

Despite the constraints of worship space, we continue to do as much as we can, and even more, except for providing free Money management training to support people in financial crisis. We aim to rerun this programme as soon as possible .

1.4 Achievements and Performance

The church has been engaged in various activities detailed below in pursuance of our charity objectives and public benefit:

– April July 2024

All the previous activities that would typically be held, such as Retreat, Ministers' Conference and meetings, were held during the year under review.

Ordained Minister’s Conference:

Ordained Minister's Conference held in Birmingham, and we participated as expected.

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Board of Trustee’s Report

All Pastors in the province / Zonal conference & meetings:

All pastors meet within the Area to share ideas, network with one another, and encourage and share a vision of moving the work of the Province and Zone forward. Held virtually and in person.

Annual Good Friday Walk of Witness:

As members of the Churches Together in Wealdstone (CTW), we were part of the Churches Together Good Friday walk of witness. All the different denominations in Wealdstone marched together as a witness to the death and resurrection of Jesus Christ.

Annual Father’s Day celebration:

It is a time to celebrate all men – especially fathers. The Church appreciated fathers for their fatherly role in society. Men are honoured and thanked for their tremendous positive influence on their family, the church community and society. Held normally successfully.

House of Joy Women of substance conference : a time for women to network and share ideas. It was a time when information on how to live healthy physically, emotionally, and spiritually whilst carrying out our roles as women, wives, mothers, careers, support for our local churches and other charity work. It was a time to learn how to navigate our various roles and do all these successfully without burning out. Women continue to meet online every month to discuss issues that affect us.

Festival of Life:

It is an annual event that aims to bring together people from across the country with the hope of bringing about spiritual awakening in our churches and communities through prayer, music, drama, and teaching from leaders in the Christian faith with our General Overseer Pastor EA Adeboye ministering to advance the Christian faith.

HOJFAN Annual General Meeting:

The AGM holds annually where church members get to know the income and expenditure of the Church. They are celebrated and appreciated for their financial and physical contributions to the vision. Heads of Departments provide information on various aspects of the church work, and volunteering is encouraged. Church Leaders also used to update members on the progress achieved during the period under review.

August – November 2024

RCCG Annual Convention held as usual. The convention is a programme for all members of RCCG globally to gather for spiritual upliftment and bonding.

Annual Men’s Retreat.

The Men of Destiny of the Parish had their annual Retreat at the end of September. It is usually a 3-day away weekend meeting where the men gather to fellowship and discuss issues that are beneficial to the men. Activities like swimming, playing games and bonding in a very relaxed atmosphere.

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Board of Trustee’s Report

2024 Men’s Conference.

This conference was not held during the year under review.

December 2024

Annual Christmas Activities:

Christmas Cheer: The Church supported this annual programme, a form of community outreach designed to bring joy, hope and encouragement to commuters as they made their way to work in the spirit of Christmas. Christmas Cheer did not hold as we were still gradually recovering from the restrictions of the Covid-19 pandemic.

January - March 2025

Shout for Joy is a praise and worship session where we come to give glory to God. It is a time of great joy and pure praise. As we praise, people receive their healing emotionally and physically, and we all go home rejoicing.

Annual Mother’s Day celebrations:

it is a time to appreciate and celebrate all the women especially mothers. We showed our love for them and thanked them for the various roles they play in their families and society. We thanked them for being pillars in the church and their tremendous contributions to the welfare of all. We pray that Lord blesses all our mothers and keep them more robust .

Training and Development:

A vital part of the Church's vocation is spreading the Good News of hope to many and equipping ministers and teachers of the Gospel of Jesus Christ. To this extent, the Church continues to maintain and improve the quality of her teachings and has also sponsored many people for external training to develop and enhance their talents and skills.

These have contributed immensely to the spiritual growth of many positive changes in the Church, at home, school and in the community.

The Church initiated a couple of classes to cater to youths and young adults during the period under review. We have the Single Christian Connect, an online programme platform for our young people to interact and connect. The group discuss a wide range of issues based on Christian ethos —discussions on courtship, marriage, finance, career,

Explore & Connect is a program where different groups unite to share their faith and beliefs freely.

Regular Activities

Monthly Activities throughout the year

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Board of Trustee’s Report

better working relationships amongst these groups.

Monthly Prayer Vigils

The Church holds monthly prayer vigils for believers' spiritual health and well-being. Leaders teach People of all ages the act of praying. The programme gives people opportunities for pulpit ministry and learn how to live a practical Christian life that demonstrates the power of the Holy Ghost. Area vigil held monthly by hybrid .

1.5 Grant Making Policy

The church supports visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to RCCG Central Office, World Evangelism Mission, Festival of Life and other RCCG Programmes. The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who are in need.

1.6 Risk Management

The trustees have assessed the major risks to which the charity is exposed, those related to operations and finances of the charity and are satisfied the systems are in place to mitigate our exposures to the major risks.

1.7 Financial Review

The church continues to enjoy tremendous growth in its physical and spiritual life during the year, and in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust deed. This is believed would further aid the ability of the charity to fulfil her charitable objects and benefits the community.

Funding has been provided mainly through tithes and offerings by church members and through gift aid. During the year donations were made towards the church building fund. The donations were treated as designated fund and had been spent towards the project for which it was donated.

During the year to 31 March 2025, the church had total income of £116,706. At the year end, the level of reserves available for the charity’s use (i.e. unrestricted funds and not represented by fixed assets) was £250,829. Total operating charitable expenditure was 89,192 giving an operating surplus of £27,514.

The Charity’s principal funding sources are the individuals who attend the church services and partner with the ministry via monthly donations.

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Board of Trustee’s Report

1.8 Investment & Reserve Policy

The trustees have decided that at present, funds should be retained in banks and building societies, and as far as possible in interest bearing accounts.

The trustees' policy is to have unrestricted and uncommitted funds (cash free reserves) of £22, 500 — £45,000 to cover 3 to 6 months of resources expended. They feel that this would enable the current activities to continue if there is a significant drop in funding. It would obviously be necessary to then consider how the funding would be replaced or activities changed. The present cash free reserve of £22,500 is within the policy range.

1.9 Volunteers

The church is grateful for the unstinting efforts of its volunteers who are involved in providing services for the charity. It is estimated that over 3360 hours are provided by volunteers during the year. If this is conservatively valued at £11.44 per hour, the volunteer's effort will amount to over £38,400.

2.0 Future Outlook

Our future plans include:

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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 28 December 2025 and signed on their behalf by:

Full Name: Mr Olayemi Sobowale

Signature:

Position: Chairman

Date: 28 December 2025

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Independent Examiner’s Report

Report to the trustees/members of: The Redeemed Christian Church of God, House of Joy for All

Nations On accounts for the year ended: 31st March 2025 Charity No: 1169669

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: 22 December 2025 sO

Name: Tobi Labeodan, for and on behalf 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

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Statement of Financial Activities: Year Ended 31st March 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 April 2024
Total funds carried forward at 31 March 2025		 2025
2025
2025
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
103,260
103,260
13,446
-
13,446
116,706
-
116,706
116,706
-
116,706
55,710
-
55,710
18,828
-
18,828
14,654
-
14,654
89,192
-
89,192
27,514
-
27,514
-
-
27,514
-
27,514
263,685
263,685
291,199
291,99		 2024
2024
2024
Unrestricted
Funds
Restricted
Funds
Total Funds
£
£
£
97,482
-
97,482
10,264
-
10,264
107,746
-
107,746
107,746
-
107,746
48,459
-
48,459
17,003
-
17,003
8,764
-
8,764
74,226
-
74,226
33,519
-
33,519
-
-
33,519
-
33,519
230,165
230,165
263,685
263,685

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Statement of Financial Position: Year Ended 31st March 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 - Vehicle finance
Total Creditors: amounts falling due after more than one year
Total net assets (liabilities)
The funds of the charity:
Designated Reserve
Restricted Reserve
General reserves
Surplus/(Deficit) for the year
Total charity funds		 2025
£
1,739
1,739
1,500
39,219
250,829
-
291,549
2,089
2,089
289,459
291,199
-
291,199
104,361
100,300
59,023
27,514
291,199		 2024
£
2,231
2,231
38,431
227,864
-
266,295
4,841
4,841
261,454
263,685
-
263,685
104,361
100,300
25,504
33,519
263,685

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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:

Fixtures and fittings 25%
Equipment 25%
Vehicles 25%

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Notes

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
Other costs
Legal fees
Accountancy fees
Total Other Costs		 2025
£
103,260
-
103,260
12,698
748
13,446
116,706
2025
£
14,385
-
6,660
8
257
27,247
796
4,494
-
1,112
750
55,710
436
16,467
840
1,085		 2024
£
97,482
-
97,482
9,508
756
10,264
107,746
2024
£
8,656
14
6,931
80
247
24,866
310
4,755
66
1,485
1,050
48,459
2,000
14,058
300
645
18,828
14,654
14,654		 17,003
8,764
8,764

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Notes

3. Prior Year adjustments

There are no adjustments to brought forward balances this period.

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 not payments or reimbursement of expenses to trustee members.

6. Staff cost, living accommodation and numbers

Wages and salaries
Social security costs
Living Accommodation		 2025
£
24,167
538
-
24,705		 2024
£
21.999
473
-
22,472

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

Average number of staff

Pastoral
Admin		 2025
1
1		 2024
1
-
1

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