THE REDEEMED CHRISTIAN CHURCH OF GOD REVIVAL ASSEMBLY SUNDERLAND tFL4RTr NO.. 1198072 TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE PEIUOD Ef4DE0 31ST DECENBeR 2024 TH¢ AEDeEMED CHAlSnAN CNiIRCH QV IIIX+ REVIVALASSEMBLY SVNOERIAND CONTENTS OF THE FINANCLdL sfATEMEN15 FOR THE YEAR ENDED 31ST DECEMBER 2024 PAGE Rrferen(e and adminf*raty¥e ItyJw¢ent Examlws str1￿￿entDf Rnandal AcUvltt¢s state￿nt of Wnandttl Posltt¢n Notes to the KCOuAts 10- 12 p4¢1 ThE RED*EMED CHiiimAII CHURCH OF QOD REVIVAL ASSEMBLY $UNDERiAP4D ORGANISATION'S INFORMATION FOR ThE YEAR ENDED 31ST DECEMBER 2024 Dr Olalekan Aladwnml Pastor Ayodde Aladejarba Pastor Emmanu8105agbakhoe Charlty 140 1198072 Mlnlstst I￿ Cth•ry• Pastor Jame$ Onaoluwa Pr4nd￿l Offlc• 2 ￿e￿andTr Court Chestsr Oval Sunderfand SR2 7AF Xnd•p•nd•rt Ex•mln•r Aklntsyo Ojo FCCA Resource Accountancy Pracu 46 Hollywood Way Erfth DA8 2QE rdays Bar¢k PLC p•ge 2 THE RIDEEMED CHIUSllAM CHiIRCH OF fjOD REVIVAL ASSEMBLY SUNDeRLAND TRLISTEE'S REPORT FOR ThE YEAR ENDED 31ST DECEMBER 2024 The twstee5 submlt thelr report Jnd flnanelal statement for The Redeemed Chrlstlan Churth of ot God - Revlval Assembly Sunderfand (The Chadtyl for the year ended 31 December 2024. The trustees tonflrm that the annual report and flnanelal statements of the thatlty have been In 4ccOrdan￿ wlth the pollcles set out In nots I to the accounts and comply wlth the chortV5 trust deed, the Chadtles Att 2011 and Atcountlng and Reportlng by Charftles: Statement of Recommended Prnrtlce ISORP} appllcable In UK and Republ1¢ of Ireland publlshed On 16 July 2014 WORKING NAMES The Redeemed Chflstlan Churth of God - Revlval Assembly Sundedand also trnde under the name RCCG Revlval Assembly Sunderland. OBJECTIVES AND AcrxvfTIES The prlndpal oblect of the charfty Is the a($¥an￿rnent of Christlan falth In accordantr wlth the sthtements of bellets of the evangellcal folth, and the rellef of poverty. To a¢hleve Its oblettives, the chadty adopted the fr)Ilowlng stratsgles: Runnln9 Chrf$￿8n rellglous a￿VItIeS COmp￿S1￿9 of Sunday SeNlce$ and mldweeK blble stvdy. Organlslng cornmunlty developmeAts progr3rnmes, Welfare, helps, tralnlng and development programme$ for Indlvlduals. Supporting other charfties and Chrlsilan events, and Convenin9 gatherfjng of Chklstlarb tagged Inter-Denominatlonal Chrfstlan Gotherfng. SnlucruR￿ 60VER14AII¢E AIID MANAfjEMEMT RCCG Revival Assembly Sunderfand Is constituted under a TTUSt Deed dated l January 2020. A board of tfusiee$ cornpdslng of 3 member5 provlde5 Strateglc leadershlp forthe tharlty, whlle the Mlnlster In Charye manages the day to day actlvlues of the chadty. POLXCIES Al￿PTED FOR THf INDucfIoii AND TRAINING OF NEW TRu￿EE$ The Indktcuon pro￿55 for a newly appolnted trustees comprfses of an Inltlal meetlng wlth the thalr and other injstees, followed by short meetlngs wlth the Mlnl$ter In Charge on the pow￿5 and respon$lbllltle5 of the trustees. OR(W4XSAT1014AL STRUCTURE AND DECISION MAKING The trustees meet regulady to Manage the affalrs of the or9anlsatlon. The MlTh15ter In ￿￿rge oversee the splrttual ocuvltles of the church. RISK MAMAfjEMEKr The Trustees have osse55ed the major rtsks to whlch the charfty15 exposed, In partlcular those related to operation5 and flnances of the chorlty, and are sausfied that systems are In place to mltlgate our exposures to major rtsks. p￿e3 Tht REDEÉMED CHRISTIAN CMURCH OF QOD REVIVAL ASSEMBLY SVNDERLAND TRUSTEE'S REPORT FOR THE YEAR Et4DED 31￿ DECEMBeR 2024 PUBLIC DÈNEFITS The Church's Sunday and mld-week servl¢es ère open to the genernl publlc to bulld on thelr Chdstljn falth. Apart Irorn Its Churth athvltles, the tha￿ty wa5 Involved In the followlng publlc benefit efforts In the year under rvvlew: Oryan151ng semlnars, tralnlng ptvgramrnes and events that encouraged capadty and self developrnent of members of the cornrnunkty Holélng Outreaches In areas of Interest to our comrnunlty. In the ytar we shared the loy of ch￿stMaS wlth our communlty by oryon151ng a Carol 5ervlce, we also celebrnted the Mothers, welfa￿ support to members of the communlty through Food Bank vouthers and food parcds dlsts1butlon. Households In our communlty benefitted from hot rneal$ food parcel$ glven oway by the charfty. Our efforts are 9eared towards 5UPPOrtlThg the programmes of our local cornmunlty. promotlng cohe51on In our communlty, and Impa¢Urt5 the Ilve$ of rhe young people and the elderly. GRANT DIAK114G POLICY The charfty-supports other chadtles and m1551onary that shares its objects the a(fvontement of Chdstlan tslth and ￿lIef of poverty. The thurth glves occaslonal welfare grnnts to members who are In need. VOLUNTEERS The churth is gratefijl for the unsuntlng efforts of Its volunteets who are Involved in provldlng services for the charity- It Is estimated that over 1200 hour5 was provided by volunteer5 durlng the year. If thls Is cOnserva￿Ve1Y valued at £8.50 per hour, the volunteers effort wlll amount to over £10,200. REVIEW OF AcrivmEs The charfty continues to enjoy trernendous growth In Its phy4cal and spldtual Ilfe durlng the year, and In the advancemert of Chrtstlan falth In accordance wlth the doctrines set ¢xJt In the statement of falth contalned In our eonstltutyon. P2SERVES POUCY The trustee's pollcy Is to have unrestrfcted and uncommltted fvnds (free reseryesl to o)ver 3 to 6 rnonths of resources expended. They feel that thls would enable the current att1v1￿&S to contlnue If there15 any slgnlficant drop In funding. It would obvlou5Jy be necessary then to conslder how the fvndlng would be replaced or actlvltyes changed. Page 4 ThE REDeEMtD CHRIsfxAN CHURCH OF iaoD REVIVAL ASSEMBLY SUIIDERLAND TRUSTEE'S REPORT FOR THE PERIOD ENDED 31ST DECEMBER Z024 PIUNCIPAL RINDING Fundlng h)s been provlded rnalnly through ￿the$ and offerfngs by (hurch mernbe￿ and through dona￿On5. ￿edge$ are also takers lor spedfic projecrs. FUTURÈ DEVELOPME14TS The chadty conttnues to explore v•rtous ways of spreadlng the gospel of Chrf5t In •n effecilve manner. The charfty Is ?150 loo￿Trg to orow In Mernbershlp￿nd conunue to develop its mernbe to rn4ke Ilfe-thanglno Impact In the tommunlty. Page S THE AIDIEMQD CMAISW CHURCH OF aOD REVIVAL ASSEI4•LY SVNDERLAMD TrUSTEE'S REPORT FOR THE YEAR ENDED 31￿ DECEMBER 2024 srATEMENT OF TRUStEES' RESIIONSIBILrriES Th• Trustees ar* respDnslble for prepjrfng the annual report ènd flThanclal statèments In accordan wlth appllcable laws and regulatlons. Chat1ty law rÈoulres the trustees to prepare flnandal statements for each financlal year. Under that law, the trustees have elected to prepore the flnantlal statements In accorylance wlth the Unlted Klngdom Generally Acceptable Attountlng pract1￿ (Unlted Klnqdom Accounttng Standards and appllcable law). The flnantlèl statements are requI￿d to glve a true and falr vlew of the state (rf affalrs of the charlty and of the surplus or defidt of the chartty for that pert(¥J. In preparfng the Itnanclal statements, the trustees are requlred to: Selert sultable accountlng polltles and apply them conslstenuy; Make Judgement and estlmate5 that are reosonable and prudent: Prepare the fftnanclal statements on a 9olng concern bals unless It Is Inapproprfate to pwume that the company wlll contlnue In operatlon. . The trustees recognlse thelr responslblllUes to keep proper accountlng re￿rdS that dlsdose wlth reasonable accuracy at any ￿rne the finandal posltlon of the chartty aniy enable them to ensure that the financlal statements comply wlth the Ctharftle$ Act 2011. They are also'responslble for safeguardlng the assets of the company and henceforth taklng steps for the preventlon and detettlon of frdud and other Irregularftles. The appended flnanclal statements have been prepared on the ac(tuals basls and have been examlned by an Irsdependent examlner. whose report is also appended. Approved by trustees on Xaortober 2025 and $lgned on thelr behalf by: Pastor Ayodde ￿adeJana Trustee Dr Olalekan Ajatlesanml Trustee Page6 ?"' THE REDEEMED CMRisfiAN CMURCN OF GOD REVIVAL ASSE148LY SUNDERLAND INDEPENDENT EXAMINERS REPORT FOR ThE YEAR ENDED 31ST DECEMBER 2024 TO THE TrUSTEES OF THE REDEEMED CHRISTLAN CMURCH OF GOD- REVIVAL ASSEMeiY SUNDERLAND I report on the acC￿ntS of the tharfty for the pEriod énded 31 D￿ern￿￿ 2024 whlch Is •58-12 RESPECTJVE RESPONS181LmES OF THe TRUSTEES AND ThE EXAMINER The thatity trustees are respon￿ble for the preparntion el the accounts. The ch￿￿8 tnot¢es con51d•r than an autht Is not requlrnd for the perlod un¢Jer sertlon 142121 of the Cha￿tIts * 2011 and that an Independent eXafnln￿On Is needqd. It Is my responslblllty to: •Mrnine the accounts under s•ctlOn145 of Cttarttlej Act 2011.. 101low the prcolE ¥alu• At 31 December 2024 2,005 300 2.305 2,202 At 31 1)ecember 2023 1.845 357 2,202 9. DEBTORS 31-Dec 2024 31-Dp 2023 Lo3n to member 10. CREDTfoRS 31-Dec 2024 31-De 2023 Ar￿￿e￿ 4ccount¥ncy fees 950 850 11. INCOMING RESOURCES/IRESOURCES EXPENDED) Thls Is stated after charglng 31-Dec 31-Det 2024 2023 Depreclatton of tanglble assets owned by the tharfty Accountant's fees 2,056 950 1,634 850 13. TRUfftE5 RENUMER4TION 31-Dec 2024 NIL NIL 3t-Det 2023 NIL NIL Durtng the year, no trustee recelved any rernu￿era￿ort Durtng the year, no trustee rerylved any benents In klnd Page 12