Regisiered Charity Number 1193281 THE REDEEMED CHRISTIAN CHURCH OF GOD HIS GLORY PAVILION Unaudited Financial Statements For The Year Ended 30th April, 2025 Redeemed Christian Church of God Redeemed Christian Church of God - HIS GLORY PAVILION
Redeemed Christian Church of God - HIS GLORY PAVILION Report Of The Trustees For The Year Ended 30th April, 2025 REFERENCE AND ADMINISTRAMVE DETAILS Charity Number: l 193281 Chairman- Principal address. GOLDSMITHS COMMUNITY CENTRE CASTILLON ROAD LONDON SE61QD Worship Address. GOLDSMITHS COMMUNITY CENTRE CASTILLON ROAD LONDON SE61QD Trustees Olubiyi Nathaniel Alade Sarah Abosede Adesina Eton Timmy Larry Bankers BARCKLAYS BANK Independent Examiner Paperchase Taxatio 24a Sydenham Road Sydenham. London SE26 5QW
Redeemed Christian Church of God - HIS GLORY PAVILION Contents of The Financial Statement5 For The Year Ended 30th April, 2025 Page Report of The Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Note5 to the Financial Statements Detailed Statement of Financial Activities
THE REDEEMED CHRIThAN CHURCH OF GOD HIS GLORY PAVIUON Unaudited Financial Staiements For The Year Ended 30th April, 2025 The Trustees present Iheir annual report togerher with the financial statements of The Redeemed Christian Church of God His Glory Pavilion- (the church) for the year ended 30 April 2025. The Trustees confirm that the annual report and financhal statements of the church comply with the currenr statuiory requirements. the requirements of Ihe church's governing document and rhe provisions of the Statement of Recommended Practice (SORP) "Accounting and Reportin9 by Charities" issued in March 2005. STRucfuRE GOVERNANCE AND MANAGEMENT Descrlptlon of the charitvs trusts Governing document.. Trust deed The charity 15 a trust Trustee Selection is by appointmÈnt OBJECTIVES AND AcllviTIES The Charity'5 objects are.. The adv2ncemenr of the Christian Faith The relief of poverty A safe place for Chrtstla worship for all Ople regardle55 Df age. sex, ethnlclty. Free Christma5 meal Icotsk meal) for the Senior citizens. We piijvided support to people RISK MANAGEMENT The Tru5tee5 have conducted a review of the m3jor risks which the Chariry is exposed. A risk register has been esiabli5hed which identifies Ihe major risks by area of activity. the nature of Ih05e risks. the Iskelihood of the rKsks happening and the measure Taken to manage them. The Trustees review the rtsk register regularly at their moeting5 and are sat15fied ihat systems are in place to manage rhe risks that have been identified. In particular, insurance cover is in place and the finances of the Chariry are kept under review. Appropriate Oi5cIosure & Barring SeNice check IDBS) Iraining undertaken and, 5UPPOrted by regularly reviewed policies ale done for all those who work with children or orher vulnerable groups with ihe Charity. rhe trustees declare Ihat they have approved the trusiee5' report above. Signed on behalf of the charity's Irusiees FUTURE DEVELOPMENTS The church whll continue to explore variou5 ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its member5 to make life- chan9ing impact in Society. plant more parishes and due to the Increase in the number of members. our fuiure plan is 10 accommodate rhose members and likely additional. Approved by orde on its be of the board of trustees on Ic2Q. -and signed Olubiyi Nathaniel Al For Trustees
Redeemed Christian Church of God Redeemed Christian Church of God - HIS GLORY PAVILION 30th April, 2025 Independent Exarniner's Report To ihe Trustees I reporr on the accounts for the year ended 30th April, 2025 set out on pages five to ten. Respective responsibilities of irustees and examiner The charity's trusiees are responsible for the preparation of the accounts. The charivs trustees consider that an audit 15 not required for this year ILtnder Section 144121 of the Charities Act 2011 {Ihe 2011 Actll and that an independent examination is required. The charity's gross income doe5 noi exceed 1250.000 and l am qualified to undertake the examination by being a qualified member of ACCA. It is my responsibility to-. examine the account5 under Section 145 of ihe 2011 Act to follow the procedures laid down in rhe General Directions given by the Charity Commission lunder Section 1451511bl of the 2011 Act)., and to state whether particular matters have corne to my attention. Basis of the independent examiner's report My examination was carried out in accordance with the General DirectlOll5 given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a compari50n of the hccounts presented with those records_ It also includes consideration of any unusual iterrt5 or disclosures in the accounts, and seeking explanations from YOLI as trusiees concerning any such matters. The procedures undertaken do noi provide all Ihe 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 statements below. Independenr examiner's statement In connection with my examination, no rnatter has come to my attention: 11 Which gives me reasonable cause to believe that. in any material respect, the requirement5 which accord with the accounting records and 10 comply with the accounting requirements of the 2011 Act have not been met; or 21 To which, in my opinion, aitention should be drawn in order to enable a proper understanding of the accounts ro be reached. Abiodun A Adeboyejo {FCWC&FAIA) Accountants 24A Sydenham Road London. SE26 5QW OLL (fi@6
Redeemed Christian Church of God - HIS GLORY PAVILION Statement of Financial Activities For the year ended 30th April, 2025 2025 Total Fund 2024 Total Fund Unre51ricted Restricted Notes Income Re50urtes Incoming Resources From Generated Funds Voluntary Income Other Income Bank interest received Total Income Resources 34,201 3.582 34.201 3,582 27,066 13.471 37,783 37.783 40,537 Resources Expended Physical & Spiritual Need Governance Costs Total Resources Expended 34.807 2,687 37.494 34.807 2,687 37.494 26.004 650 26,654 NET INCOMING RESOURCES 289 289 13,883 RECONCILATION OF FUNDS Total Funds Balances b/fwd 13.883 I385 Total Funds Balances c/fwd 4,172 14.172 13,883 The Notes Fomi Part of These Financial Statements
Redeemed Christian Church of God Redeemed Christian Church of God - HIS GLORY PAVILION Balance Sheet as at 30 April 2025 2025 2024 Total Funds Unresiricted Funds Notes Total Funds FIXED ASSETS Tangible assets 8,547 8.547 78 CURRENT ASSET5 Debtors Cash at bank and in hand 18,503 1,761 18.503 1.761 5.630 24.933 CREDITORS Amounts Falling Due within one Year 10,328 10,328 12,447 Amounts Falling Due after one Year NET CURRENT ASSETS 9.936 9,936 18,116 TOTAL ASSETS LESS CURRENT LIABILITIES 18,483 18,483 18.194 NET ASSETS 18.483 18.483 18,194 Unrestricted Fund5 Unresiricted Ftjnds TOTAL FUNDS 18,483 18,483 18.194 18.194 The financial statements were approved by the Board of Trustees on -and were signed on its behalf by". Approved by Board of Trustees The Notes Form Part of These Financial Statements
Redeemed Christian Church of God - HIS GLORY PAVILION Notes to the Financial Statementss for the year ended 30 April 2025 ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the hisrorical cost convention. and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 20151, The Charities Act 201 l alld the requirements of the Staiement of Recommended Practice, Accounting and Reporting by Charities (issued July 20141 Incoming resources All incoming resources are included on the Staiemenr of Financial Activities when the charity 15 legally entitled to the income and Ihe amount can be quantified with reasonable accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings rhat aggregate all cost related to the caiegory. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent wilh rhe use of resources. Grants offered subject to conditions which have noi been met at the year end date are noted as a commitment but not accrued a5 expendiiure. Taxation The charity is exempt from tax on its charitable activiries. Fund accounting Unrestricted funds can be used in accordance with the charitable objettives at the discreiion of the trustee5_ I VOLUNTARY INCOME 2025 2024 Tithes, Offering & Thanksgiving Other Income 34.201 3,582 37,783 27,066 13,471 40,537 2 GOVERNANCE COSTS Accountancy 2025 2024 I ,000 2,687 650 650
Redeemed Christian Church of God - HIS GLORY PAVILION Notes to the Financial Statementss for the year ended 30 April 2025 4 Tangible fixed assets Choir Eqiupments Cos1 At l May 2024 At 30 April 2025 145 8,630 Depreciation At l May 2024 Charge for the year At 30 April 2025 67 16 83 Net book value At 30 April 2025 8,547 At 30 April 2024 78 5 Debtors . Amounts Falling Due within one year 2025 2024 Amounts owed by group undertakings and undertakings Other debtors 14,000 4,503 18.503 5,630 5,630 6 Creditors= amounts falling due within one year 2025 2024 Trade Creditors Accruals Accounts I ,000 9,328 10,328 950 11,497 12.447 Net Movement In Funds 6 Movement in Funds At 01 05 2024 At 3004 2025 Unrestricted funds TOTAL FUNDS 18,194 18,194 289 289 18,483 18,483 Net movement in funds. included in the above are as follows-. Incoming Resources Resources Expended Movement in Fun(55 Unrestricted funds General fund Total Fund 37,783 37,783 37,494 37,494 289 289
Redeemed Christian Church of God - HIS CLORY PAVILION Detailed Statement Of Financial Activities For The Year Ended 30th April, 2025 2025 Tothl Fund Fund 2024 Total Fund Unresiricted INCOMING RESOURCES Tithes & Offering Other income Total Incoming RÈsource5 34.201.00 1.582.00 37,783.00 34,201.00 3,582.00 37,783.00 27.066.00 13.471.00 40,537.00 RESOURCES EXPENDED Chariiable Activitie5 Donations & Gifts 2.084.00 1.950.00 1.111.00 102.00 2.084.00 1,950.00 2.800.00 890.00 Honorarium & Volunteer WEM & Central Funding Travelling and subsistence Priniing, postage & stationery Evangeli5m/Programme Exp ChuFch expenses 505.00 102.00 135.00 135.00 2,057.00 15,084.00 150.00 2.05 7.00 15.084.00 15,270.00 Member5. welfare and irainTng 2.615.00 25,138.1)0 2.615.00 25.138.00 551.00 20 166.00 GovernantÈ Costs Accountancy fee5 Profe55ional charges 1,000.00 .687.00 2,687A)O i.000.00 1.687.00 2.687.00 650.00 650.00 Support Costs Management Rent 4.835.00 1.080.00 25.00 4.835.00 1.080.00 25.00 3,196.00 982.00 86.00 Insurance Repairs & m&ntenance Software 850.00 850.00 Motor expÈnses Software / Web Desi9n Depreciatlon charge 2.863.00 2,863.00 1,205.00 350.00 1600 16.00 19.00 9.669AM) 9,669.00 5,838.00 TOTAL RESOURCES EXPENDED 37,494.00 37.494.00 26.654.00 NET INCOPIE 289.00 289.00 13.883.00