## **THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) SAINTS IN LIGHT ASSEMBLY SUNDERLAND**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 8TH OCTOBER 2025**
1
## **THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)**
## **SAINTS IN LIGHT ASSEMBLY SUNDERLAND**
||Page|
|---|---|
|Corporate Information|3|
|Board of Trustee’s Report|4-7|
|Independent Examiner’s Report|8|
|Statement of Financial Activities|9|
|Statement of Financial Position|10|
|Accounting Policies|11-12|
|Notes|13-15|
2
**Corporate Information**
|**Registered Charity Number:**|1174255|||
|---|---|---|---|
|**Principal Address:**|Emmanuel Church|||
||Hudson Road, Sunderland|||
||SR1 2AQ|||
|**General Overseer:**|Pastor E. A. Adeboye|||
|**Minister-in-Charge:**|Pastor Olalekan Aladesanmi|||
|**Board of Trustees:**|Pastor Adetola David Odumade|-|Chairman|
||Dr Abiodun Bamidele|-|Member|
||Pastor Oluwafunmilayo Odumade|
-|Member|
||Deaconess Ayomide Aladesanmi|-|Member|
|**Bankers:**|HSBC|||
||Unit 49-51, The Bridges Shopping|Centre||
||Market Square, Sunderland|||
||SR1 3LE|||
3
**Board of Trustee’s Report**
The trustees present their report with the financial statements of the charity for the year ended 8th October 2025. The trustees have adopted the provision of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.
## **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".
## **Governing Document**
The charity is an unincorporated association governed by a constitution. Eligibility for both members of the charity and members of the board of trustees is determined by the provisions set out in that constitution.
There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law.
## **Organisation Structure**
The church is organised such that the trustees meet at regular intervals to manage its affairs. The dayto-day activity of the church is administered by the Pastor-in-charge:-
## _Pastor Olalekan Aladesanmi_
## **Volunteers**
The church gratefully acknowledges the dedication of its volunteers, whose contributions support the charity’s work. 45 Volunteers provided an estimated 4,680 hours of service during the year. Using a conservative rate of £11.44 per hour, this represents a contribution valued at more than £53,539.
## **Appointment of New Trustees**
Trustees are appointed by strict spiritual guidelines and biblical qualities that mirror Christ-like attributes. There was no trustees’ remuneration or other benefits.
The trustees who served during the period were as follows:
|Pastor Adetola David Odumade|-|Chairperson|
|---|---|---|
|Dr Abiodun Bamidele|-|Member|
|Pastor Oluwafunmilayo Odumade|-|Member|
|Deaconess Ayomide Aladesanmi|-|Member|
## **Risk Management**
The trustees actively review the major risks which the charity faces on a regular basis. The trustees
4
**Board of Trustee’s Report**
have examined the major strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to mitigate these risks.
## **Related Parties and Objective**
RCCG Saints in Light Assembly is a member of Redeemed Christian Church of God (RCCG) which has parishes in many countries of the world. The relationship between the parishes and RCCG is governed by an agreement for common purposes.
Our mission is to nurture and equip individuals whose lives have been transformed by the power of God’s word. Through consistent teaching, intentional discipleship, heartfelt worship, and practical support, we aim to develop people who reflect the character of Christ in every aspect of their lives. It is our desire to see them grow in spiritual maturity, discover and walk in God’s divine purpose, and become shining lights in the world—lights that continue to grow brighter, reflecting God’s glory more and more until the perfect day.”
## **Principal Funding Sources**
The sources of fund are provided mainly through tithes and offerings by church members as well as gift aid.
## **Objects 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 objective, the charity adopted the following strategies:
- Conducting Sunday worship services, midweek Bible study and prayer meetings;
- Running seminars in the church with proven ministers of faith to guide members in the various aspects of Christian faith;
- Support for other charities and Christian events; and
- Regular visitation within the local community to provide required support.
The activities for achieving its objectives include:
- Community outreach events
- Conference and events
- Welfare support to members and general public; and
- Various missionary activities
## **Achievements**
During the reporting period, the church recorded several significant achievements and undertook a wide range of spiritually, socially, and community-focused activities.
- A major milestone was the successful acquisition and dedication of the church building in November 2024, officiated by the Continent Overseer, Pastor Leke Sanusi. The church also
5
## **Board of Trustee’s Report**
purchased and dedicated a new church bus, and we successfully claim insurance on the previously stolen bus but was later recovered by the police.
- The church delivered a series of impactful services and programmes, including Mother’s Day, Father’s Day, and children-led celebration services; the Young Adults and Youth Affairs (YAYA) conference; Couple’s Dinner event, the House Fellowship Celebration Service; the Pentecost service both in church and at Sunderland City Centre; the annual evangelistic weekend; workers’ empowerment retreat and the 9th Anniversary celebrations.
- Our commitment to community engagement remained strong. Together with Revival Assembly, the church donated 82 Christmas Love Boxes to residents of the Salvation Army Swan Lodge in Sunderland. The Church Food Bank continued to operate weekly, providing essential food support to both members and non-members in need. Additional community and educational activities included health and wellbeing awareness sessions, safeguarding awareness training, a personal finance workshop, business and immigration webinars, a street-cleaning initiative, orientation seminar for new and returning undergraduate and postgraduate students, and a two-day summer holiday club for children and young people. The annual recreational sports day was also successfully delivered.
Overall, these achievements demonstrate strong organisational capacity, spiritual vitality, and positive community impact. The present level of funding remains sufficient to sustain these initiatives and to support the continued advancement of the church’s objectives.
## **Financial Reviews**
During the period, the total of sum £146,441 was received in voluntary income. Total resources expended was £93,068 thus resulting in operating surplus of £53,373. Cash at the end of the period was £44,391.
## **Future Development**
The Church remains committed to sustaining and expanding its spiritual, social, and community-focused activities within the local community. Building on recent successes, the Church will continue its core programmes while introducing new initiatives to deepen impact and broaden outreach.
In the coming year, the Church will deliver more life-changing spiritual programmes, leadership and personal development conferences, and practical skills workshops for both members and the wider community. Focus areas will include faith development, family life, youth and young adult empowerment, employability skills, health and wellbeing, financial literacy, and social inclusion. The Church will also strengthen collaboration with government and corporate bodies to enhance community impact.
A key strategic priority is the planned support for the establishment of **Saints in Light Nursery School** , which will provide high-quality early childhood education and care rooted in Christian values, offering a safe, nurturing environment for children and dependable childcare support for working families. Through these initiatives, the Church aims to strengthen institutional capacity, enhance community
6
## **Board of Trustee’s Report**
impact, and ensure the long-term sustainability of its mission.
## **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:
- Select suitable accounting policies and then apply them consistently;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going-concern basis unless it is inappropriate to presume that the charity will continue in business.
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 accrual’s basis and have been examined by an independent examiner, whose report is also appended.
This report was approved by the Board of Trustees and signed on their behalf by:
## **On behalf of the charity:**
14/ ~~03~~ /2026
__________________________ _______________
Pastor Adetola David Odumade Date Chairperson, Board of Trustees 7 ~~$+~~
## **Independent Examiner’s Report**
**Report to the trustees/members of:** The Redeemed Christian Church of God (RCCG) Saints in Light
Assembly Sunderland **On accounts for the year ended:** 8th October 2025, set out on pages 9 - 15 **Charity No:** 1174255
## **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:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- to state whether particular matters have come to my attention.
## **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 low:
- (1) which give me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act;
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
(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:** 10/03/2026
## **Name:** Tobi Labeodan FCCA, The Accounting Club 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
8
## **Statement of Financial Activities: Year Ending 8th October 2025**
|**Notes**
**INCOMING RESOURCES**
Donations, Legacies and similar
incoming resources
3
Activities in furtherance of charity's
object
4
**Total Incoming Resources**
**RESOURCES EXPENDED**
Grants Paid
5
Costs of activities for Charitable
objectives
6
Support costs
7
Management and Governance Cost
8
**Total Resources Expended**
Net (Resources expended/Incoming
Resources)
Total Funds brought forward
**Total Funds carried forward**|**2025**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
**£**
108,006
-
108,006
73,259
38,435
-
38,435
14,227|
|---|---|
||**146,441**
**- 146,441 87,486**|
||32,617
-
32,617
21,552
28,116
- 28,116 20,590
27,387
- 27,387
25,921
4,948
-4,948 4,924|
||**93,068**
**- 93,068**
**72,987**|
||53,373
-
53,373
14,499
68,028
-68,028
53,529|
||**121,401**
**- 121,401**
**68,028**|
9
## **Statement of Financial Position: Year Ending 8th October 2025**
|||**2025**|**2024**|
|---|---|---|---|
||**Notes**|**Total Funds**|**Total Funds**|
|**Non-current Assets**||**£**|**£**|
|Tangible Assets|9|69,235|69,235
66,112|
|**Current Assets**||||
|Gift Aid receipts||20,000|-|
|Debtor||4,600|4,600
3,910|
|Cash in Bank||44,391|44,391
10,472|
|||68,991|68,991
14,382|
|**Short Term Liabilities**||||
|Creditors (amount falling due in one year)|10|16,825|16,825
12,466|
|Net Current Assets||**52,166**|**52,166**
**1,916**|
|||||
|**Net Assets**||**121,401**|**121,401**
**68,028**|
|**Charity Funds**||||
|Unrestricted||121,401|121,401
68,028|
|Restricted||-|-|
|**Total Charity Funds**|11|**121,401**|**121,401**
**68,028**|
The financial statements were approved by the Board of Trustees on _________________ and were 14/03/2026 signed on its behalf by:
_________________________________
Pastor Adetola David Odumade - Chairperson
10
## **Accounting Policies**
## **1. Accounting Policy**
The fundamental accounting policies, all of which have been consistently applied throughout the year, are set out below:
## **(a) Scope and Basis of Preparation**
The financial statements of Solution Assembly have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **(b) Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purposes.
## **(c) Incoming Resources**
All incoming resources are accounted for when the Charity is legally entitled to the funds and the amount can be quantified with reasonable accuracy.
## **(d) Resources Expended**
All expenditure is accrued for on accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
## **(e) Cash flow**
The financial statements do not include a cash flow statement because the church, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective June 2002).
## **(f) Tangible Fixed Assets and Depreciation**
Depreciation is charged on an annual rate on a reducing balance basis in order to write off each asset over its estimated useful life.
|**Asset Category**|**Annual Rate**|
|---|---|
|Motor Vehicle|10% on cost|
|Fixtures and Fittings|20% on cost|
11
## **Accounting Policies**
Equipment 20% on cost Land & Building 2% on cost
## **(g) Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **2. Trustees’ Remuneration and Benefits**
There were no trustees’ remuneration or other benefits for the year ended 8th October 2025.
12
## **Notes**
## **3. Donation, Legacies and Similar Incoming Resources**
|Tithes
Offering
Thanksgiving
Seed of Faith
First Fruits
Building fund
Projects
Mission
Welfare
Men's dues
Others (e.g., Sunday school manuals)|**2025**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Total**
**Funds**
**£**
66,534
**£**
-
**£**
66,534
**£**
48,513
22,926 -
22,926
17,583
3,081
-
3,081
1,839
260
-
260
414
7,990
-
7,990
813
2,742
- 2,742
1,611
892
-
892
-
300
-
300
172
1,495
-
1,495
749
1,230 -
1,230
1,159
556-556
406
**108,006**
**-**
**108,006**
**73,259**|
|---|---|
## **4. Activities in Furtherance of Charity Object**
|Gift aid receipts|**2025**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total**
**Funds**
**£**
**£**
**£**
**£**
38,435
-
38,435
14,227|
|---|---|
||**38,435**
**-**
**38,435**
**14,227**|
## **5. Grants Paid (Institutional and Non-institutional)**
|RCCG - World Evangelical Mission
RCCG - Central Office Fund
RCCG Region Fund
RCCG Area fund
RCCG Good Women Fellowship
RCCG Open Heavens Christian Centre
African Missions
Continental Ordained Ministers
Conference
RCCG Campground Fund
Financial Assistance/Relief fund
Love Christmas Support
Summer Holiday Club Support
Evangelical Support|**2025**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
**£**
25,910
-
25,910
13,306
600
-
600 600
-
-
-
177
375
- 375 700
-
-
-
200
50
-
50
370
120
-
120
120
468
-
468
-
-
- -
2,000
1,453
- 1,453
835
1,131
-
1,131
743
1,510
- 1,510
1,501
1,000
-
1,000
1,000|
|---|---|
||**32,617**
**-**
**32,617**
**21,552**|
13
## **Notes**
## **6. Cost of Activities for Charitable Objectives**
|Building repairs
Land registry
Alarm/CCTV|**2025**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
**£**
26,394
-
26,394 20,590
82
-
82 -
1,640
-
1,640-|
|---|---|
||**26,116**
**-**
**26,116**
**20,590**|
## **7. Support Costs**
|Books/Postage/Stationeries
Travel /Transport
Accommodation
Hospitality/welfare
Printing
IT expenses
Electricity, heating & water
Road tax
Fuel
Vehicle repairs
Vehicle insurance
Building insurance
Employer's liability insurance
Sundry expenses
Bank charges
Decoration
Penalty & Fines
Branded items
Depreciation|**2025**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
**£**
1,663
- 1,663
1,787
371
- 371 820
304
-
304
506
5,862
-
5,862
4,814
1,538
-
1,538
913
1,043 -
1,043
1,342
2,922
-
2,922
5,507
14
-
14
173
712
- 712 925
1,311
- 1,311
1,984
2,010
-
2,010
1,329
889
-
889
257
-
-
-
113
246
- 246 258
97
-
97
109
283
-
283 -
70
-
70 -
1,554 -
1,554 -
6,500
-
6,500
5,084
**27,387 -**
**27,387**
**25,921**|
|---|---|
14
## **Notes**
## **8. Management and Governance Cost**
|||||||**2025**|**2024**|
|---|---|---|---|---|---|---|---|
||**Unrestricted**||
**Restricted**|||**Total**|**Total**|
|||**Funds**|
**Funds**||
**Funds**||**Funds**|
|||**£**||**£**||**£**|**£**|
|Retreat/Training||150||-||150|200|
|Honourarium||2,600|
|-||2,600
|1,100|
|Professional services||200||-||200
|270|
|Accounting fees||350|
|-||350
|350|
|Solicitor fees||-|
|-||-
|1,276|
|Architectural fees||-|
|-||-
|1,728|
|License fees||1,648|
|-||1,648
|-|
|||**4,948**||**-**||**4,948**
|**4,924**|
|**9. Non-current Assets:**||||||||
|**Tangible Assets**||||||||
||**Motor**|**Fixtures &**||||**Land &**||
||**Vehicle**|**Fittings**||**Equipment**||**Building**|**Total**|
|**Cost**|**£**||**£**||**£**|**£**|**£**|
|As at 9 October 2024
|3,000|
|6,484||12,006|50,000|
71,490|
|Additions|9,450||561||5,874|-|15,885|
|**At 8 October 2025**
|**12,450**|
|**7,045**||**17,880**|**50,000**|
**87,375**|
|**Depreciation**||||||||
|As at 9 October 2024|1,603||2,093||6,944|1,000|
11,640|
|Charge for the year|2,342|
|990||2,187|980|
6,500|
|**At 8 October 2025**|**3,945**||**3,083**||**9,131**|**1,980**|**18,140**|
|**Net Book Value**||||||||
|**At 8 October 2025**
|**8,505**|
|**3,962**||**8,749**|**48,020**|
**69,235**|
|||||**2025**||**2024**||
|**10. Creditors: Amount Falling**|**Due Within**|**One Year**|||**£**|**£**||
|Accountancy fee|||||350|350||
|WEM||||16,475||12,116||
|||||**16,825**||**12,466**||
||||||**Net**|||
||||**At**|**movement**|||**At**|
|**11. Movements in funds**||**09/10/2024**|||**in funds**|
**08/10/2025**||
||||**£**||**£**||**£**|
|**Unrestricted Funds**||||||||
|General Funds|||68,028||53,373|121,401||
|**Restricted Funds**||||||||
|Restricted|||-||-||-|
|**Total Funds**|||**68,028**||**53,373**|**121,401**||
15