Company Registration No. 09154557 (England and Wales)
THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025
THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Directors'report | 4 |
| Income statement | 5 |
| Statement of financial position | 6 |
| Notes to the accounts | 7 |
| Detailed profit and loss account | 9 |
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THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH COMPANY INFORMATION FOR THE YEAR ENDED 31 JULY 2025
Directors
Pastor Oluwafemi ONIKEKU Israel Essien HARRISON Dr Yemisi Oluseyi KILA UVIE-EMEGBO Adebisi ONIKEKU Dr Oluwole Kehinde OYEBAMIJI
Company Number
09154557 (England and Wales)
Registered Office
57 Slyne Road Lancaster LA1 2JH England
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THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH (COMPANY NO: 09154557 ENGLAND AND WALES) DIRECTORS' REPORT
The directors present their report and accounts for the year ended 31 July 2025.
Principal activity
The principal charity activity during the period was the activities of religious organisations.
Directors
The following directors held office during the whole of the period:
Pastor Oluwafemi ONIKEKU Israel Essien HARRISON Dr Yemisi Oluseyi KILA UVIE-EMEGBO Adebisi ONIKEKU Dr Oluwole Kehinde OYEBAMIJI
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Pastor Oluwafemi ONIKEKU Director
Approved by the board on: 25 April 2026
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THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH INCOME STATEMENT FOR THE YEAR ENDED 31 JULY 2025
| Turnover Administrative expenses Operating profit Profit on ordinary activities before taxation Tax on profit on ordinary activities Profit for the financial year |
2025 £ 99,541 (96,016) 3,525 3,525 - 3,525 |
2024 £ - - |
|---|---|---|
| - | ||
| - - |
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| - |
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THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH STATEMENT OF FINANCIAL POSITION AS AT 31 JULY 2025
| Notes Fixed assets Tangible assets 4 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current liabilities Total assets less current liabilities Creditors: amounts falling due after more than one year 6 Net assets Capital and reserves Profit and loss account Shareholders' funds |
2025 £ 245,156 739 (56,238) (55,499) 189,657 (117,648) 72,009 72,009 72,009 |
2024 £ 246,542 995 (29,053) |
|---|---|---|
| (28,058) | ||
| 218,484 (150,000) |
||
| 68,484 | ||
| 68,484 | ||
| 68,484 |
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2026 and were signed on its behalf by
Pastor Oluwafemi ONIKEKU Director
Company Registration No. 09154557
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THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025
1 Statutory information
The Redeemed Christian Church Of God Latter Rain Parish is a private company, limited by shares, registered in England and Wales, registration number 09154557. The registered office is 57 Slyne Road, Lancaster, LA1 2JH, England.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
| Land & buildings 0 Computer equipment 20% 4 Tangible fixed assets Cost or valuation At 1 August 2024 At 31 July 2025 Depreciation Charge for the year At 31 July 2025 Net book value At 31 July 2025 At 31 July 2024 5 Creditors: amounts falling due within one year Taxes and social security Other creditors Accruals |
Land & buildings £ At cost 241,000 241,000 - - 241,000 241,000 |
Computer equipment £ At cost 5,542 5,542 1,386 1,386 4,156 5,542 2025 £ 239 55,399 600 56,238 |
Total £ 246,542 |
|---|---|---|---|
| 246,542 | |||
| 1,386 | |||
| 1,386 | |||
| 245,156 | |||
| 246,542 | |||
| 2024 £ - 28,693 360 |
|||
| 29,053 |
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THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025
| 6 | Creditors: amounts falling due after more than one year | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Bank loans | 117,648 | 150,000 |
7 Average number of employees
During the year the average number of employees was 1 (2024: 0).
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THE REDEEMED CHRISTIAN CHURCH OF GOD LATTER RAIN PARISH DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 JULY 2025
This schedule does not form part of the statutory accounts.
| Turnover Fees Administrative expenses Wages and salaries Travel and subsistence Motor expenses Rent Light and heat Cleaning Telephone and fax Postage Stationery and printing Subscriptions Bank charges Insurance Equipment expensed Software Repairs and maintenance Depreciation Donations Sundry expenses Accountancy fees Advertising and PR Other legal and professional Operating profit Profit on ordinary activities before taxation |
2025 £ 99,541 21,000 1,314 5,434 9,420 3,562 2,303 583 605 592 2,658 780 1,943 4,692 2,156 13,213 1,386 10,700 7,575 634 4,596 870 96,016 3,525 3,525 |
2024 £ - |
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| - - - - - - - - - - - - - - - - - - - - - |
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