CHARITY REGISTRATION NUM8ER.. 1171221
The Redeemed Christian Church of GOD CRA
Unaudited Financial Statements
31 December 2023
Certified Accountants
472 BEARWOOD ROAD
SMETHWICK
WEST MIDLANDS
ENGLAND
B66 4HA

The Redeemed Christian Church of GOD CRA
Financial Statements
Year ended 31 December 2023
Trustees. annual report
Independent examinerfs report to the trustees
Statement of financial actimties
Statement of financial pjsition
Statement of cash flows
Notes to the financial statements
The following pages do not forni part of the financial statements
Detailed statement of financial aCtI￿tieS
Notes to the detailed statement of financial activities
Page
14
15

The Redeemed Christian Church of GOD CRA
Trustees. Annual Report
Year ended 31 December 2023
The truslees present their iep(Kt aThJ the un#￿Illed financial slalements of the charity fc￿ the year
ended 31 Oecember 2023.
Chair's fePQrt
The trustee of the Redeemed Christ￿￿ church of GCKJ Covenant Restoration assembly are pleased lo
esent these annual ￿port and financial slalemenl of charity for the yEar ending 311h December
2018.This is to meet the requirement for the account submisS￿n lo Ihe charity commission. In
preparing this repcKt the guKlance and requirevnenl issued by the charity commiSs￿n have been
folbwed.
ReferMce and adrninistrative details
Registered charity name
The Redeemed Chn"sb"an Church of GOD CRA
Charity registralion numbgr
1171221
Prlnclpal office
The trustees
Mr Ad￿ke
Mr Odusami
Mr Arowdo
Independent examiner
Grmlfrey Massa { Certrfied Acc￿￿n￿nI)
472 BEARWOOD ROAD
SMETHWICK
WEST MIDLANDS
ENGLAND
B66 4HA
Objectives and a￿1VitieS
We are a friendly. diverse community church in Ihe tr*art of Worcester. vlè seek to fu￿11 our objectives
through extensive relevant programs in and outsrde the community. We believe in the propagation of
the wspel of the IcKd Jesus arKJ lo lead people lo a growng relationship and fellowship in Christ Jesus.
Our vision 15 the continuous of doctrinal leaching.ChuTch ￿aThting and translormation, helping
the needy and advancing the church faith wilhin communty in Worcester and environ.
TO SPREAD AND PROPAGATE THE FULL GOSPEL OF OUR LORD JESUS CHRIST AND
PRIMARILY BUT NOT EXCLUSIVELY THE FUNDAMENTAL TRUTHS SET FORTH IN OUR
CONSTITUTION

The Redeemed Christian Church of GOD CRA
Trustees. Annual Report (conllnued)
Year ended 31 December 2023
Objectives and activities (conl•nued)
Our church continue to grow with different programmes and aclwilies carried out during the course of
the year lo Impad Ihe life of the pari5hioner5 and the community al large. Our aim is to fulfil our calling
in the l￿d Jesus, which is to respond lo the gospel of God's love in Christ and to live out ils
discipleship in worship and mission. vthich is lo Worship and lo celebrate Gc*J's love. Learning and
caring.Service lo be a good neightx)ur to people in need and Evangelism lo make m(ye followers of
Jesus Christ. We continue lo have our servi￿5 in morning and a MKI week serV￿e on Wednesday.
a breakfast prayer meeting on the first Saturday of Ihe month and a monthly prayer meeting every 13sI
Fr￿aY of the month. We also have the children and yDuth church with different activities and
programmes organised for that age group. We have also been Working closely with other churches
and organisation wth in the community. Most especially the G￿e0n bible society. We also have the
Beacon grcmjp that meet in the church every Tuesday lo fellowship and attend to the need of Ihe
homeless and those coming out of drugs and Substan￿ abuse. During the year we also had signrficanl
improvement to our worship Auditorium wrth new f￿Ing5, a new place for the yrjulh and the media
team with purchase of new music equipment for the choirs team. Social Action The welfare team meet
regularly to organise activities that berEfil the church member and our lotal comrnunity, The beacon
group go out on trips regularty. We ￿)Sted eThJ of Ihe yEar party and invrted the less privilege in the
community, we also go out the evangelise and speak to people at the city centre
We are mindful of the trust assign&J to us when church member donate and give lo the charity .11 is
important that we do mt jeopardise our main Source of income and maintain a sdid case for support.
Financial protocols and disciplines have been well eslatAi5hed. and perfomance at all levels is a
specrfic matter of Verf￿ation during annual audit pr(￿$. Discipline in W(￿SS is critical in maintaining
the high integrity levels ￿1¢h are foundaltonal to encouragirvj the trust of ours member. The charity
income are mostly from voluntary donat￿n$ and giviro by church members aThY those visiting and
attending our services. Donation for the year ending 31 th December 2018 was
Trustee
Signature Dr O Odusami
P5t Joshua Arowolo
Psl NI￿ Adegoke
IE l.i.o..1.2* ....
The Irustees. annual report was approved on ....
trustees by..
and signed on beharf of the board of
Mr Arowolo
Trustee

The Redeemed Christian Church of GOD CRA
Independent Examiner's Report to the Trustees of The Redeemed Chrlstian
Church of GOD CRA
Year ended 31 December 2023
I report lo the Iruslees on my examinalN)n of the finar￿431 slalements of The Redeemed Christian
Church of GOD CRA {'Ihe charity'} for the ￿ar ended 31 t)ecember 2023.
Re$ponsibilil•es and ba¥ls of report
As the Iruslees of the charity ￿ are responsitAe for the wepaTalion of the financial slalemenls in
accordance wth the requirements of the Charit￿S A¢1 2011 ('Ihe Act.).
I rep￿1 in respect of my examination ol the chartys financial slalemenls carried out under section 145
of the 2011 Act aThJ in carryiThJ out my examinalK)n I have followed all the applicable Directions given
by the Charity CommissK)n under section 145(5Xbl of the Act.
Independent •xaminer's stalemont
I have completed my examination. I confirm that Th) material matters have come lo my attention in
Connect￿ Nwth the examination giving me &ryuse lo believe that in any material respect..
acc￿￿ting records V•ve not kept in respect of charity as required by section 130 of the
the fina￿la1 statements (ktr accord wrth Ihose records: or
the fInar￿la1 statements do not comFdy with the aPpI￿Able requirements concerning the form
and conlenl of accounts sel out in Ihe CharIt￿S (Accounts and Reports) Regulations 2008
oltw than any requ1￿ment Ihal Ihe acu)unls give a 'tnJe and lair. view which is not a matter
consKlered as part of an independent examination.
I have no eoncerns and have come across no other matters in connectson with the examination lo
which attention should be dravm in thi5 reFth in wder lo enable a proper understanding of the
accounts to be reached.
rey
5sa ( certrf￿d Accountsnt)
ni Examiner
Inde
472 BEARWOOD ROAD
SMETHWICK
WEST MIDLANDS
ENGLAND
B66 4HA

The Redeemed Christian Church of GOD CRA
Stalement of Financlal Activities
Year ended 31 December 2023
2023
Unre51ricled
funds Totsl fvndg
2022
Total funds
Income and endowments
Donations le9acies
Total Income
60,411
.411
60.411
7S.929
,411
75.929
Expenditure
ExpeThYilure on charilable activrties
T￿al expenditure
60,723
71.346
60.723
60.684
71.346
Net (•xpendilure)Iln¢ome and net movement In funds
(312)
(273}
4,583
Other recognised gain$ and losses
Other reccrfJn15ed gainsl{losses)
Net movement in funds
44.297
44,297
44,297
43.985
44.024
48.880
R￿One111a110n of funds
Tolal funds brwght forward
Total funds Carried forward
4.583
4,583
48.880
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derNe from conkn"ThJing acliw'ties.
Th• not•s on pays 7 to 12 form part of th•s• financial 51al•mgntg.

The Redeemed Chrlstian Church of GOD CRA
Statement of Financial Position
31 December 2023
2023
2022
Flxed •$sets
Tangible fixed assels
10
39.216
24,736
Current assets
Cash al bank and in hand
9,391
9,391
24,144
24.144
N•t ¢urr•rt assetg
Total assets l•$$ current IlabllltSes
48,607
48,880
Funds of th¢ ¢harity
unrestr￿ted funds
48,568
48,880
48.880
Total charity funds
11
48,568
These financial slalemenls We￿ approved by the trxtard ol tnJ$lees and authcKised for Issue on
. and are s19r￿d on behaf of the board ty.
Mr Arowolo
Truslee
Th• note8 on pages 7 to 12 fomi wt of thvso financlal stat*menls.

The Redeemed Christian Church of GOD CRA
Statement of Cash Flows
Year ended 31 December 2023
2023
2022
Cash flows from operating actlvlties
Nel {expenditureyirtome
(2731
Adjustmenls lThr.'
Interest payable and similar charges
Cash gerwaled from operation5
199
25
174}
4,eiJ8
Inlerest paid
Net cash {used inyfrom operating activit￿5
(199)
{273)
{251
Cash flows from Inv•sting actlvitles
Purchase of tangl￿e assets
Net cash used in investing actNities
114.480)
{14.480)
(24.736)
{24,736)
N•t decrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of ye
{14.753)
24,144
{20,153)
9.391
(20.1531
Th• not•s on pagm 7 to 12 lomi part olth•i• flnancl•l tstat•m•nts.

The Redeemed Christian Church of GOD CRA
Notes to the Financial Statements
Year ended 31 December 2023
G•neral Infomiation
The charity is a public benefit entity aThJ a regrslered charity in En￿and and Wales and is
unincorrK)Taled. The address of ￿ principal office is Vesta Tilley House, Lowesmoor, Worcesler.
WR1 2RS, Worcestershire.
Statement of compliance
These financial statemen15 have been prepared rn Complian￿ wth FRS 102. The Financi31
Reporting Standard applicable in the UK and Ihe RepublK of Ireland., the Statement of
Recommended Practice applicable lo charrties preparing their accounts In accordance with the
Fina￿la1 Reporting Standard applicable in the UK aThJ Republ￿ of Ireland IFRS 1021 (Charities
SORP IFRS 102}) and the Charities Act 2011.
Accounting poli¢les
Basis of preparation
The financial slalemenls have been prepared on the historical cost basis, as modrfied by the
revaluation of certain financial assets aThJ liabilrt￿s aTrJ investment properties measured at fair
value through income or expendilure.
The financiai statements are p￿p￿ed in sterfing. wknich is the fU￿lOnal currency of the entity.
Going con¢em
There are no material uncertainties atr•)ul the thariV5 8bAity lo continue.
Fund accounting
unreStr￿le￿ funds are avaIla￿e for use al the discreti¢)n of the trustees lo further any of the
charitws purposes.
Designated funds are unrestricted fuThYs eamiarked by the tnJstees for particular future Proje￿ or
commitment.
Restricted funds are suty'ected to restrictions on their exwdrture declare(I by the dO￿r or
through the lem)s of an appeal. and fall into one of two sub-dasses.. restricted income funds or
endowent funds.

The Redeemed Christian Church of GOD CRA
Notes to the Financlal Statements (coftJThnd)
Year ended 31 December 2023
A¢counting pollclo5 (conllnved)
Incomlng r•source
All incoming resources are included in statement of financial aclivil*s wthen enlillemenl has
passed lo the charity., il is prObat￿e thal the economic benefits associaled with the transaction will
flow lo the charity and Ihe amount can be rdiaL4y measured. The fc4{0￿'r￿J specTfic policies are
applied lo particular categ)ries of income..
income from donations or ￿aTrts is recognised there is evhfjerte ol entitlemenl lo Ihe
gfft. receipt is wobable and ils amThJnt can be measuied reliably.
legacy income is recogni5ed bthen receipt ts probable aThJ enliuemenl is estaljished.
i￿)me from donated g(M)ds is measur&J al faff value of the gcmids unless this is
impla￿lea1 to measure reliaNy. in which case Ihe value rs derived from the cost lo the donor
or the esiimaled resale value. Donated facili1*5 aThJ services are recognised in the accounts
when received rf the value can ￿ rel￿blY measured. am¢JJnls a￿ induded for the
Contribut￿ of ￿eral volunteers.
income from conlracls for the sUp￿Y of serVi￿S is recognised with the delivery of the
conlracled service. This is classrfwj as unrestr￿tell funds unless there És a contractual
requirement for it lo be spent on a pariicjjlar purptse aThl relurned rf unspent. in wh￿h case
51 may be regarded as reslricled.
Resources expended
Expendilvre is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be fully recovered. and ￿ dassrf*d under heading5 of the slatement of
financ￿1 &tivilies to which it relates..
expenditure on raisiro funds ir￿lUdeS Ihe eosts of all fijndraising &tivrties. events, non-
charitable tradiro &tNities. and Ihe Sale of donated 9￿￿5.
expendrture on charitable activit￿5 irtludes all wsls incurred by a charity in undertaking
aclivits.es that further ils charrtable aims for the benefit of bts benef￿laTIeS. including those
support costs and co$15 rdalirrfJ to the g)vemance of the charity apportioned lo charitable
activities.
other expenditure I￿lUdeS all expendilure that is neither related to raisiTrJ funds for the
tharity part of its exF*fKliture on chan1a￿e activi1￿$.
All costs are allctated to expenditure ealegorbes reflecting the use of the resource. Direct costs
attributable lo a single activity are allocated d￿ecIty lo that activity. Shared costs are appO￿oned
between ￿ activit￿9 they contribute lo on a reasonable, lu51ifiable and consislenl basi5.
Operatingloases
Lease payThenls are recognised as an expense over the lease term on a stfaHJhl-Il￿ basis. The
Jregale benelil of lease incentives Is recognised as a reduction to expense over ihe lease
lerm. on a stra￿h1￿1ne basis.

The Redeemed Christian Church of GOD CRA
Notes to the Financial Statements (conthi•él
Year ended 31 December 2023
Accounting policles (continu•dJ
Tangibl• assets
Tangible asse15 are initially recorded at cost. aThY subsequently 518led at cost less any
accumulated depreciation and impairfflenl k)sses_ Any larwJible assets carried al revalued
amounts are ￿orded al Ihe fair value al the dale of revaluation less any subsequent
aceumulaled deFKecialion aThJ subsequent accumulaled impairment losses.
An increase in Ihe carryiryJ amount of an assel as a result of a revalualion, is recognised in other
recognised gains and losses, unless il reverses 8 charge for impairment that has previously been
recognised as expenditure wlhin the statement of fIna￿la1 aclivits"es. A decrease in the cafrying
amount of an asset as a result of revalual￿n, is recognised in other recognised gains and losses,
except to which il offsets any previous fevalualion gain, in which case the loss is shown within
other recognised gains and losses on the slalemenl of financk?l aclivilies.
Impalrnient of fixed assets
A review for indKatrKs of impairmenl is carr*d out at e*h re￿11￿9 dale, the recoverable
amtyjnl being estimated Whe￿ such iThlicalors exist. Where the carryirKJ value exceeds the
recoverable amount, the assel is impaired ￿1rdInglY. Pr￿)r impaim)ents are also reviewed for
possible reversal at each reportirrfJ dale.
For the purwses of impaimienl testing. when it is not wssible lo eslimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
genef31ing unil to which the asset belongs. The cash-generaling unit is the smallest identifiable
group of assets that includes the asset and generales cash inflows that largely independent of the
cash infiows from other assets or groups of assets.
For impairment testing of 9)odwill, ￿ g(KMJ%w"Il acquired in a trM)siness combination is, from the
acqUisit￿n dale, allocale(I lo each of the cash*neratr"ng units that are expected lo benefit from
the synergies of the combination, irrespective of whether other assets or liabililTres of the charity
are a$S￿ned to those units.
Financlal Instruments
A financial asset or a financial liability is recognised only when the charity becomes a party lo the
eontractual provisions of the inslnJmenl.
Bas￿ financTral instruments are inilk41ty recognised at the amount receivable w paYa￿e induding
any related transaction costs.
Current assets 8fKI current liabilrft￿s are subsequently measured at ￿ cash ￿ other
cnns￿erat￿n expected to ￿ paid or received arml rKJl discounted.
Debt instruments are subsequenlty measured al amortised cosl.
Where inve51rnents in shares are ￿b1￿Y traded ￿ their lair value can olherwise ￿ measured
reliably, the investmenl is subsequently meastsred at fair value with changes in fair value
recognised in income and ex￿nditure. Al other such investments are subsequently measured al
cost less impairment.

The Redeemed Christian Church of GOD CRA
Notes to the Financlal Statements (¢antlnwd)
Year ended 31 December 2023
Accounting pollcles Iconelnuedl
Flnanclal Instruments (ci)niiftwdJ
Other financial wislTumenls. T￿ludIng derivatives. are inilially recognised al fair Value. unless
pa￿nent for an assel is deferred be￿nd normal business lerms or financed al a rale of interest
that is not a markel rate. in which case the asset is measured al the present value of the future
payments disewnled al a market rale of inleresl f(Y a simAar debt inslrumenl.
Other financial instruments are subsequenlly mea5UTed al faw value, wth any changes
recognised in the slalemenl of f￿ancIal ￿1￿"1￿. Ihe exception of he(Igiry instruments in a
desKJnated hedging rdatK)nship.
Financial assets that are measured at cost or amortised cost are reviewed for objecltve eviden
of impairment al the end of exh Teporling dale. If there is objective evKJerTrce Df Impairment, an
impairmenl loss is recognised under the appropriate headiro in the slalemenl of financial
tivrties in wh￿h the inilial gain was recrmJnised.
all equity in51rumenls regardless of swnrficance. and other financial assets that are
indiv￿Ually signrficant. these are assessed indivwjually for impaKmenl. Other financial as5els are
either assessed indNhlualty or gouted on the basis of similar (xedit rtsk characlerislics.
Any reversals of impaimienl are recognised immediately. lo Ihe exlenl that the reversal does rK*l
result in 8 e2fry.ng amounl of the fFnancial asset that exceeds %that the caT￿r0 amount woukJ
have been had the impairment nol pre¥￿slY been recognised.
Donations and legxies
Unrestricted T¢)tsl Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Donations
Church Donations
40.195
40.195
Sg,792
59,792
Granls
HMRC Gift
20.216
20.216
16.137
16.137
.411
.411
75,929
75,929
Expenditure on charltable aclivities by fvnd type
Unreslricled Total Funds Unreslricled Total Funds
Funds
2023
FurKIs
2022
Activit*s Funded By Church Donthns
60,723
71,346
71,346
10

The Redeemed Christian Church of GOD CRA
Notes to the Financial Statements (conlthu•dl
Year ended 31 December 2023
Expenditure on ¢haritabl• actlvities by activity typ•
AclNil*s
Undertaken Total funds
direclly
2023
Total fund
2022
Activitie5 Funded By Church Donati￿5
60.684
60,684
71,346
Net lexpendi¢ur•Vincom•
Nel {expendilureyincome is slaled after char￿n￿(CreditIng}'.
2023
2022
Operating lease fenlals
150
Staff cosls
The average head count of ern￿OYeeS dunrKJ Jear was Nil {2022: Nil).
No employee receiv￿1 employee tenefils of more Ihan £60.(KM) during the {2022." Nil).
Trust￿ remunerati¢>n and expenses
10. Tangible fixed assels
Flant and
machinery
Molc
yeh￿¢eS
Equipment
Total
Cost
At 1 January 2023
Additions
17.181
14,480
655
24,736
14,480
At 31 Decèmber 2023
31.661
655
39,216
Depreciation
At 1 January 2023 and
31 December 2023
Carrying amount
At 31 December 2023
Al 31 December 2022
31.661
655
39.216
17.181
655
24.736

The Redeemed Christian Church of GOD CRA
Notes to the Financial Statements
Year ended 31 December 2023
11. Analys1¥ of charltabl• funds
UTrr05tricted funds
At
1 January 202
Gains and 31 December
losses
2023
Irwe Expenditure
General funds
Unrestricted lsjnd 7-
desc in alcs
4.583
60.411
160.7231
4.271
44,297
44,297
4,583
fA).411
{￿.723)
44,297
48,568
At
1 JaThJary 202
Al
Gains and31 December
105ses
2022
Income Expenditure
General fund3
Unrestricted furKI 7 -
dese in alcs
75.929
4.583
{71.346)
44.297
44.297
75.929
(71.3461
44,297
48,880
12. Analysis of changes in net debt
At
At 1 Jan 2023 Cash 110￿ 31 Dec 2023
Cash al bank aTrJ in hand
24,144
(14.753}
9.391
12

The Redeemed Christian Church of GOD CRA
Management Inforniation
Year ended 31 December 2023
The following pages do not fonn part of the financial statements.
13

The Redeemed Christian Church of GOD CRA
Detailed Statement of Financial Activities
Year ended 31 December 2023
2023
2022
Income and endowments
Donations and legacies
Church Donations
HMRC Gift Aid
40,195
20.216
59,792
16.137
60,411
75,929
Total income
60,411
75.929
Expenditure
Expenditure on charitable activiti¢s
Wages and salaries
Operating leases
Rent
Rates and water
Light and heal
Repairs arvj maintenance
Insurance
Other establishment
Vehicle leas4n￿h1re
Other molorltravel c051s
Legal and Professional fees
Telephone
Other office costs
Interest on debenture loans
Catering and Entertainment
Slalionery
COF
World Evangelical
wcc
Donnations To Local Parishes
World Evangelul Ministries
Website
Shrubby Sludio
Zoom
2.800
150
7.570
3,622
1,414
3,914
8.392
7.172
13.643
545
305
1,129
12.640
1,550
418
12,331
2,613
818
5,870
25
7,452
4.598
283
5.209
3.456
380
5.520
111
4.193
1,6
169
81
4,982
4.530
262
466
378
71.346
Total expenditure
71.346
Net {exp•nditurellincome
12731
14

The Redeemed Christian Church of GOD CRA
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2023
2023
2022
Expenditure on charitable a¢tlvilies
Activities Funded By Church Donations
Activities undertaken directly
Direct charitable activity 1 - wageslsalaries
Direcl charitable activity 1 - operaling leases
Renl
Direcl charitable aclwity 1 - rates & waler
Light & heal
Repairs & maintenan
Insurance
Cleaning and tjecoralions
Direct charitable activity 1 - vehKJe leasing
Other motornravel c051s
Legal and professi)nal fees
Telep1￿ne
Direct charitable activty 1- other Off￿ costs
Bank Charges
Calering and Enlertainment
Slalionery
COF
World Evangaltsl
wcc
Donnalions To Local Parishes
Wortd Evangelical Ministr￿S
Website
Shrubby Studio
Zoom
2,800
150
7,570
3.622
1,414
3,914
8,392
7,172
13.643
545
305
1,129
12.640
1.550
418
12.331
2.613
818
5.870
25
7,452
4.598
283
5,209
3,456
380
5,520
81
4,982
4,530
262
466
378
4,193
1,6
71.346
Expenditure on charitable activitiés
71,346
15