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2025-12-31-accounts

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) OPEN HEAVENS CHRISTIAN CENTRE HATFIELD

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)

OPEN HEAVENS CHRISTIAN CENTRE (OHCC), HATFIELD

Page
CORPORATE INFORMATION 3
REPORT OF THE BOARD OF TRUSTEES 4-6
INDEPENDENT EXAMINER’S REPORT 7
STATEMENT OF FINANCIAL ACTIVITIES 8
STATEMENT OF FINANCIAL POSITION 9
ACCOUNTING POLICIES 10
NOTES 11-13

2

CORPORATE INFORMATION

Charity Registration Number: 1200187
Principal Address: 62A Town Centre
Hatfield
AL10 0JJ
General Overseer: Pastor E.A. Adeboye
Board of Trustees: The trustees who served during the period were as follows:
Mrs Omobonike Fagbenro - Chairperson
Pastor Oluremi Balogun - Member
Mr Franklyn Ikhine - Member
Mr Kayode Fabiyi - Member
Mr Akin Coker - Member
Minister-in-Charge: Pastor Odunayo Fabiyi
Bankers: Barclays Plc
Leicester
LE87 2BBB

3

REPORT OF THE BOARD OF TRUSTEES

The trustees present their report with the financial statements of the charity for the year ended 31 December 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 members of charity and members of board of trustees is governed by the 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 day-to-day activities of the church is administered by the Pastor-in-charge:-

Pastor Odunayo Fabiyi

Volunteers

Many volunteers sacrifice their time to help with the routine activities of the church. We are greatly indebted to these volunteers for their unwavering commitment and support.

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:

Mrs Omobonike Fagbenro - Chairperson
Pastor Oluremi Balogun - Member
Mr Franklyn Ikhine - Member
Mr Kayode Fabiyi - Member
Mr Akin Coker - Member

4

Risk Management

The trustees actively review the major risks which the charity faces on a regular basis. The trustees 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

RCCG Open Heavens Christian Centre 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.

Principal Funding Sources

The sources of fund are provided mainly through tithes and offerings by church members, gift aid as well as National Lottery Commission Fund.

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;

The activities for achieving its objectives include:

Achievements and Future Developments

This year we have successfully share our Christian faith by promoting positive values to reduce domestic violence in our communities, providing support for struggling families and many more community-oriented events.

As we pursue life transforming programmes and embark on spreading the gospel of Christ, we anticipate transformation in peoples’ life and growth in membership that will lead to planting of more parishes.

Indeed, the present level of funding is sufficient to support the continuation of the church objectives.

5

Financial Reviews

During the period, unrestricted fund of £59,419 was received in voluntary income. Total unrestricted fund expended was £27,778, thus resulting in operating surplus of £31,641. Cash in bank at the end of the period was £152,546.

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:

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:

07/06/2026 ___ _____ Mr Akin Coker Date Trustee

6

INDEPENDENT EXAMINER’S REPORT

Report to the trustees/members of: The Redeemed Christian Church of God (RCCG), Open Heavens Christian Centre, Hatfield On accounts for the year ended: 31 December 2025, set out on pages 8 - 13 Charity Number: 1200187

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(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the Independent Examiner’s Report

My examination was carried out in accordance with the 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 you as 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:

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

Signature: O.A. Date: 2 June 2026 Name: Olalekan Aladesanmi, FAIA Position: Accounting and Finance Consultant Company: Breakthrough Professional Services Limited Address: Hendon, Road, Sunderland, SR1 2HB Mobile: 07867474330 Email: info@breakthroughprofessionalservices.co.uk

7

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDING 31 DECEMBER 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
£
£
£
£
32,880
-
32,880
37,632
26,539
-
26,539
67,042
59,419
-
59,419
104,674
9,280
-
9,280
54,184
11,052
-
11,052
9,394
6,096
-
6,096
10,123
1,350
-
1,350
1,734
27,778
-
27,778
75,435
31,641
-
31,641
29,240
131,440
-
131,440
102,200
163,080
-
163,080
131,440

8

STATEMENT OF FINANCIAL POSITION

YEAR ENDING 31 DECEMBER 2025

Notes
Non-current Assets
Tangible Assets
9
Current Assets
Debtor
Gift Aid Receivable
Cash in Bank
Short Term Liabilities
Creditors (amount falling due in one year)
Net Current Assets
Net Assets
Charity Funds
Unrestricted
Restricted
Total Charity Funds
10		 2025
2024
Total
Funds
Total
Funds
£
£
3,538 3,689
-
1,455
7,796
7,000
152,546
120,146
160,342
128,601
800
850
159.542 127,751
163,080
131,440
163,080 121,497
-
9,943
163,080
131,440

The financial statements were approved by the Board of Trustees on 07/06/2026 and were signed on its behalf

by:

Mr Akin Coker Trustee

9

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 RCCG Open Heavens Christian Centre Hatfield 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 to write off each asset over its estimated useful life.

Asset Category Annual Rate
Motor Vehicles 10% on cost
Fixtures and Fittings 20% on cost
Equipment 20% on cost

(g) Taxation

10

NOTES

2025 2024
Unrestricted
Restricted		 Total Total
Funds Funds Funds Funds
3. Donation, Legacies and Similar Incoming
Resources £ £ £ £
Tithes 22,035
- 22,035 22,322
Offering 8,105
-
 8,105 7,071
Thanksgiving 1,045
-
 1,045
 1,138
First Fruits -
- -
 1,215
Project 1,000
-
 1,000
 -
Welfare 535
-
 535
 710
Others (e.g., Sunday school manuals, refund) 161
-
 161
 5,176
32,880
-
 32,880
 37,632
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
4. Activities in Furtherance of Charity Object £ £ £ £
Gift Aid Claim 24,289 - 24,289 4,385
National Lottery Community Fund - - -
 62,657
Other grants 2,250 - 2,250 -
**26,539 ** - **26,539 ** 67,042
2025 2024
Unrestricted Restricted Total Total
Funds Funds Funds Funds
5. Grants Paid (Institutional and Non-
institutional) £ £ £ £
RCCG - World Evangelical Mission 5,699
-		 5,699 -
RCCG - Central Office Fund 900
-		 900 -
RCCG Province -
-		 - 100
Evangelical Support 100
-		 100 550
OHCC Dues -
-		 - 100
Honourarium 600 - 600 360
Continental Ordained Ministers Conference -
-		 - 360
Domestic Violence Project -
-		 - 27,374
Cost of Living Project -
-		 - 18,450
Food bank project 1,981
-		 1,981 6,890
9,280
-		 9,280 54,184

11

6. Cost of Activities for Charitable Objectives
Rent
7. Support Costs
Utilities
Books/Postage/Stationeries
Travel /Transport
Vehicle Repairs
Welfare/Hospitality
Printing
Road tax
Fuel
Penalties and Fines
Vehicle Insurance
IT expenses - internet, website and mobile
Sundry expenses
Depreciation
8. Management and Governance Cost
Retreat/Training
Accounting fees
Volunteers		 2025
2024
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
£
£
£
£
11,052
-11,052 9,946
11,052
- 11,052 9,394
2025
2024
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
£
£
£
£
1,535
-
1,535
4,695
50
-
50
108
450
-
450
244
1,464
- 1,464
576
659
-
659
914
164
-
164
459
202
-
202
173
140
-
140
841
69
-
69
-
446
-
446
1,062
117
-
117
385
62
-
62
-
678
-
678
667
6,096
-
6,096
096
2025
2024
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
£
£
£
£
200
-
200 591
950
-
950 550
200
-
200593
1,350
-
1,350 1.734

9. Non-current Assets: Tangible Assets

Cost
As at 1 January 2025
Additions
At 31 December 2025
Depreciation
As at 1 January 2025
Charge for the year
At 31 December 2025
Net Book Value
At 31 December 2025		 Motor
Vehicle
Fixtures &
Fittings
Equipment
Total
£
£
£
£
2,900
4,263
6,515
13,678
-
274
344
618
2,900
4,537
6,859
14,296
1,879
3,211
4,797
9,989
102
265
412
770
1,981
3,476
5.209
10,759
919
1,061
1,650
3,538

12

2025 2024
£ £
10. Creditors: Amount Falling Due Within One
Year 800 850
11. Movements in funds
Net
At
movement
At
01/01/2025
in funds
31/12/2025
£
£
£
Unrestricted Funds
General Funds 131,440
31,641
163,080
Restricted Funds
Restricted -
-		 -
Total Funds 131,440
31,641
163,080

13