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2024-12-31-accounts

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) - HOLY GHOST ZONE BLACKPOOL (REGISTRATION NUMBER - 1195004)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024.

Content Page
Trustees Annual Report 2-3
Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Accounts 7

Redeemed Christian Church of God (RCCG) – Holy Ghost Zone Blackpool

Trustees Annual Report

For The Year Ended 31 December 2024.

Charity's Full Name

RCCG - Holy Ghost Zone Blackpool

Registration Number

Charity Commission Registration Number - 1195004

Trustees'

Dr. Lucky Ishaku Mrs Beatrice Ayo-Ola Takpe Dr.Adetunji Adeyanju

Principal Contact Address

3 Melrose Gardens Blackpool Lancashire FY4 4YW.

Bankers

Lloyds Bank

Blackpool

Independent Examiner

Babatunde Mosaku Lyncage Professional Services Office 10, Syac Building 120, The Wicker Sheffield, S3 8JD

Organisation and Management

The Overall Management of the Charity is the responsibility of the trustees who are elected under the terms of the governing document. Day to day project activity of the charity is managed and carried out by volunteers.

Redeemed Christian Church of God (RCCG) – Holy Ghost Zone Blackpool Trustees Annual Report (Contd) For The Year Ended 31 December 2024.

Charity Aims and Objectives

The principal aims & objectives of the charity are:

Summary of Activities during the Year

In order to advance the Christian faith in accordance with the Statement Of Faith throughout England for the benefit of the public mainly but not exclusively through the provision of a place of worship, the holding of prayer meetings, religious education, religious ceremonies and to provide outreach and Pastoral Care for the community. The Church engaged in some activities which are beneficial to the public. The activities Include but not limited to

are open to anyone who wishes to attend. There are no qualifications or restriction on access to the services.

Thre Church continues to advance the Christian faith through preaching and teaching of the word Of God to encourage people in this period of economic difficulties. We meet twice a week - Sunday 10:00am to 12:30pm for Sunday Worship and on Thursday 6:00pm - 7:00pm for Bible Study and prayers. There is also a 2-hour prayer meeting every third Saturday on the month The church has a WhatApp group where members interact and celebrate birthdays. Our Church meetings are transmitted through zoom for people who cannot attend. There is also opportunity for weekly support to people in need by providing food and other necessary help. This is made possible through our partnership with supermarkets like Sainsburys, ASDA and Aldi who make donations to us.

Trustees Responsibility for Financial Statements

The Trustees are responsible for preparing the financial statements for the financial period which should give a clear view of the state of affairs of the charity.

In preparing these financial statements the Trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity.

The trustees are responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention of fraud and irregularities.

The Trustees have declared that they have approved the trustees report above.

Signed On Behalf of the Charity Trustees

30/10/2025

Signed Date

Name Position Lucky Ishaku Trustee

Redeemed Christian Church of God (RCCG) – Holy Ghost Zone Blackpool

Independent Examiners Report on the Accounts

For The Year Ended 31 December 2024.

I report on the accounts of the Rccg - Holy Ghost Zone Blackpool

set out on pages 5 - 7

Respective responsibilities of the Trustee and the Examiner

It is the responsibility of the trustees to maintain proper books and records and prepare accounts.

The trustees consider that an audit is not required for this year (Under Section 144 (2) of the Charities Act 2011 (The 1993 Act and that an independent examination is needed)

It is my responsibility to:

(under Section 145(5)(b) of the 2011 Act;

and

Basis of the Independent Examiners report

My examination was carried out in accordance with the general direction given by the Charity commission. An examination includes the 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 explanation from the trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in any audit and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiners Statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep appropriate accounting records in accordance with section 130 of the 2011 Act; and

  3. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011

  4. Act 2011 Act have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Babatunde Mosaku

For & On Behalf of:

Lyncage Professional Services Office 10, Syac Building 120, The Wicker Sheffield, S3 8JD

31 October 2025.

Date

Redeemed Christian Church of God (RCCG) – Holy Ghost Zone Blackpool Statement of Financial Activities

For The Year Ended 31 December 2024.

Notes
Incoming Resources
Donations, Legacies and Other Similar Incoming Resources
3
HMRC Grants
Total Incoming Resources
Resources Expenses
Travel & Transport Expenses
Utility
Rent and Rates
Hospitality
Welfare
Ministers' Conference
Bank Charges
Repairs & Maintenance
Mission Contribution
Cleaning
Advert & Publicity
Charitable Donation
Licence
Postage
Accountancy Fees
Telephone & Internet
Depreciation
WEM
Professional Fees
Insurance
Hotel & Accomodation
Finance Cost
Training & Development
Honourarium
Total Resources Expended
Net Incoming / (Outgoing) Resources
Total Funds Brought Forward
Total Funds Carried Forward
2024
2023
£
£
100,329
90,925
-
-
100,329
90,925
811
100
3,250
4,689
2,000
1,913
2,240
7,440
16,863
5,880
3,050
2,300
115
-
13,525
22,154
4,035
-
361
-
660
600
660
700
325
223
23
9
625
700
1,947
2,849
8,765
7,760
-
95
3,554
6,916
2,986
2,704
1,560
19,643
1,260
300
88,558
67,032
11,771
23,893
43,313
19,420
55,084
43,313

Redeemed Christian Church of God (RCCG) – Holy Ghost Zone Blackpool Statement of Assest and Liabilities

As At 31 December 2024.

----- Start of picture text -----
2024 2023
Fixed Asset £ £
Tangible Asset 139,880 148,644
Current Assets
Debtors 17,150 9,200
Cash at Bank & in Hand 24,690 8,911
41,840 18,111
Creditors Amount Falling due within One year - -
41,840 18,111
Total Assets less Current Liabilities 181,720 166,755
Creditors: Amounts Falling due after more than one year 126,636 118,419
Total Net Assets 55,084 48,336
Represented by
Accumulated Fund
Unrestricted Income 55,084 43,313
Restricted Income - -
55,084 43,313
The Trustees declare that they have approved the accounts above
Signed On Behalf of the Charity Trustees
30/10/2025
Signed Date
Lucky Ishaku Trustee
Name Position
----- End of picture text -----

Redeemed Christian Church of God (RCCG) – Holy Ghost Zone Blackpool Notes to The Account For The Year Ended 31 December 2024.

1 Accounting Policies

(a) General

These accounts have been prepared under the historical cost convention and in accordance with "Accounting and Reporting by Charities" Statement of Recommended Practice (SORP Revised 2005) and applicable accounting standards.

(b) Incoming Resources

All material incoming resources have been included on a receivables basis i.e. they are included if the date receivable falls within the period covered these by accounts. These have been classified using a natural classification

(d) Depreciation

Depreciation has been calculated to write down the cost or valuation less estimated residual value of all tangible fixed assets over their expected useful lives on a straight line basis.The applicable rates are:

Musical & Technical Equipment
Building
2 Fixed Assets -
Church Equipment
£
Cost or Valuation
As at 1 January 2024.
10,220
Additions
5,023
Disposal
-
As at 31 December 2024.
15,243
Depreciation
£
As at 1 January 2024.
3,788
Charge for this period
3,049
Disposal
-
As at 31 December 2024.
6,837
Net Book Value
As at 31 December 2024.
8,407
3 Donations, Legacies and other Similar Incoming Resources
Tithe
Offering
Giving
Other income
Entry Reversal
20%
4%
Building
Total
£
£
142,905
153,125
-
5,023
-
-
142,905
158,148
£
£
5,716
9,504
5,716
8,765
-
-
11,432
18,269
131,473
139,880
2024
2023
£
£
34,514
24,681
64,639
65,464
541
-
5,635
780
5,000
100,329
90,925

4 Unrestricted Funds

These are grants and donation received or receivable for the object of the charity without restriction as to the purpose of their application as are available as general fund

5 Trustees Remuneration, Benefits & Expenses

Trustees received no remuneration, benefits or expenses in this period

6 Receipts and Payments Accounts

Because the level of income and expenditure is below £100,000.00, the group has opted for accounts prepared on a receipts

and payments rather than an accrual basis. This is in line with Charity Commisioners guidelines for Small Charities and is seen as more appropriate for this project.