TFIE REDCI [1 IIqED CIIRISTIAN CIIURCII ofi GOD Iiousr ori GOI) REPORTS & filNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 COMPANY NUMBER: 11741939 CHARITY NUMBER: 1201089 THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF GOD Contents Page Legal and administrative infomiation Trustees, Report Independent Examiners, Report Statement of Financial Activities Balance Sheet Notes forniins part of the financial ststments 10-12 THE REDEEMED CFIRISTIAN CIIURCII OF GOD HOUSC ofcoD Le Ml lind A(Inilnl.¥lriiilve InfTrrnillilnn CONSTITUTION The charity is con5titiitcd undcr u Incinorandum & nrliclLS ofa.850ciali(>n with Company Nuniber 11741939 and Trusi DLcd wilh Charity Nuinbcr 12Ql 089. TRUSTEES The directors & Irustees ivho 5crvcd durin& year ended wcre as follow: DircclorJ.' Tni.%l¢'¢.¥.' Paslor Oroivole Akinkunnii Paslor Tcmilope Albert-Fowora Mr5 Yelunde Adepegba Pastor Y¢tunde Adepcgba Pa5for Titilola Ezra Th¢rc5a l.lutson CHURCH 156 Homestead Way Neiv Addington Croydon CRO ODS BANKERS Barclays IJYDEPENDENT EXAMINER Flourish Global Con5ulling IA rim] with Chancrcd Accountants & Managcm¢ni Consultants) Unit 9 Challenge Ilouse 616 M1￿ham Road Croydon CRO 3AA THE REDEIMfD CIIRISTIAN ciiuiicil or GOD IIOUSF OF GOI) Trts51ces' Re orl For Tlie Yenr F:iidcil JI $1 l)ecember 2112J The Truqlcc.s prc%rni Ihcir re￿)rI logcihcr ￿'11h Ilie ncc<)Iinl.s for IIiL' yC¢ir cndcd J1811)Lcember ?0?3. Tlic accounts h411'L bLLn prcp47fL'd ili acci)rdiincc willi Ilic SlalLmcnl ()r RLc<)mm¢nd¢d Praclice ?(X)5 and oilier applical)Ic laws. Structure CTOI-ernJnce nn(1 i41nnn enicnt The charily is constilulcd undcr u mLnioranilum & arliclLs ofdSSuciation wilh company numbcr 11741939. g) Illeihod ofllppolntinent or Eleclion ofTruslees The management of ih¢ church is Ihe responsibilily of the Truslees who are vlectvd and coopted under the mcmorandum & articlcs ofassociation. b) Policie5 Adopted for the Induction and Training of Trustees The induclion process for any n¢wly appointed member ofihe trustees comprises an initial meeting iiryth other Chair and other Trustees. followed by a series ofshort meetings with the Minister in Charge on the powers and responsibilities of Ihe Trustecs. e) Organisational Structure and Decision Making The Charity is organised so that the Trustees m¢el regularly to manage its affairs There is an administrdlorlaccount personnel that handle the daily alTairs of Ihe charity. d) Risk hfanagement The Trustces hav¢ assessed ihe major risks to which the charily is exposed, in PiTrrticular those related 10 Ihc opcralions and finances or Ihe charily, and arc S4olisficd Ilial syslL'II)S are in placc lo miligliJr¢ilTJ r• Thc C-hJnli. hil% .iJ{Iplcil Ihc liilliJi4 iiiy 4lT.'Ilcyic* fi)r ilLhici'iny the *ilY)•*C l)bJc¥libcs' ()ryJniiini- 4ciiiin.iiN an(1 ci L li1% 1% lili pt(?l i11 %IK'.'IkLr% iiiiil ITiiiii%lLrN i?I' IIIL f4111h Iii gpiijilc mcmlYr% in ihc i arii1114 .Illk¥ls 11l-lli¢ C'liri%li4117 Iiiiili: illi(14iipi?()rl li?r iiilier cliarilicx lill41 C-hn%lian ci cnL4. c) A¢ili Illes for ,Ichlei InR ()hJcclli'ci Adi ar)ccm¢ni of chri.slian rL'ligTjiin Communili. nulrLach ¢1 imis. Proi'isi()n of ￿¢1farL. suP￿)rt li) nicnihL'r&. Proi ision (if suppI)n i() Iiiher LhariliLS. Confcrcnces and l-"l¢nLS. d) Grani makffing Volicles In lin¢ w ith thc objcLI ()fil)e iljarily. lo rLliL'fpovL'rty Éind thL adi'anLLmL'lli of Chrisli'in relit'iiin wvrldw'ide. "Ih¢ LhJrily hJ% il P()liLy ()f%iipp()rtinL> mi%%ionary organi%aiii)ni %llLh ie Icsiii al of l.if¢. Wi)rld l.-¥'Kin&Jeli.5m M is5ion and i)IIIL'r chJrilie.4 lind menib¢rs 01. the cu]Lf¢gJdlll)n wlii) dfL jIJ IILLd. (Iliits 1% ill IIIL diSLrLliuii i)I' IIIL In151LLS1. e) Iltslunlte prc)¥'isi()n. -1 11¢ Lliiiiily lid% il 5'4JliJiilcL'ff L' Ik'llLr. IVL Ll)IIIiiiiiL II? *ilPFM)rl ¢n¢ilUl2g¢ l i)un& ￿'ple h%. pri)1 idinb il I'i)iiih C'liiirili h IiLfL ILLlklbLf% NikLI iiii .%iiiidJy aficmLXM under a canng. supTr)rtll L aiid ¢n¢i)urhi&iinbp alnio%phcfL. The ch￿.1￿ Slill CrnlJnuLS io fulfil ils 1711in i)hjLLIiviS. by CTL'aliiib, faciliiiLTh lo hLlp dL% ¥lop the M holc man. spirilu311)'. niLniJll)' and ph>sically. WL. hai'L ini'L'sIL'd limL'. ¢nLrg'y 4ind monci. Iniu aciii iiie5 and pn)brJmniLs Il)Ji114LS hL'IpLxI prLI'Lni )'ouih Lriinls. d¢prL55ion.% in plc. child Jbusc and such social VICLS Ihal arL" calinb, dL'L'p inlo our socicly. FlnJncl•l Ilt¥le •) Resenel Pollc). The Iruslccs hai ¢ ¢stsblish¢d d ￿lIlY wherLby IhL unrLslriLILd ILind5 not Lomiiiitt¢d ur inl'csled in tsn&JJbl¢ lixed asseis ('Ihe frLL i¢sefvL.s') hLld hy Ili¥ Ltriurclj should bl 3 nionth5 of annudl ¢Ap¢ndilurc. Al Iliis IL'%'¢I. Ilie Irusl¢L'% f¢L I Ilial Iliey ivi)iild l)c' abl¢ lib Liiniiiiiie the Lurrcnl iiLlivili¢s ul. Ihy ¢lJurch in Ihe eVL'nl (Il'll siginiliLÉini dri)p in liindiiib,. b) Prlnclpal Tr"undlng 'Ihis is pfijvidcd rndiiily Il)ri)uLilJ v()luiil&lry ()Il¢riiiki% uiid liiliLS by ¢liurili illLiiibclS aiicl Il)Iliu&h Liili iiid %cliLiii¢. i•ILdLJL4 illL rfil%i) l(Ik¢i) li)r SIKLI I IL IifiJj¢LI%. Tht Rtdt¢mtd I"hrliil•n ('hiirf h nf I•￿d IloiiyJ¢ ()r (:Dd PIAns fpr Ihr l-. iiliirt A) F iiiiire Dei f loiinitnli lTrc L hAriI!' Allll* A¥ iiarf Iir riiifilli11¥ ill 11)niii iil)ILLIIi L4. lil Ll?iiliniJc lil Cipli)rc voriiTriii w:IyN lif 4pn.?dinb? Ilic &?i)%pcl ()r c"hri%l in i Ilcilii c 11iiiiincr. .1 lic cli.?rify ig 4?191) IcKTrkinB l¥? %riiw Ili mcTiibcp4hip Ci)nliiiuc li) clci'cli)p ils iTiciiil)crs ll) 11111 kc lifL-rli.111¥in¥ imp.iii in i(Kicly. Si*ftnienf or Trilif￿%. Ileii)i)nillilllil Thc Tru%lcc4 .Ir¢ li *ikiii%ililL li)r iiriii.'Iriiii* iliL Aiiiiiiiil rL￿}It ¥inil I, IlliinLliil sliilL Tncnl$ in acthirdanke 14 lili appli¢ablc lilll, An(1 rL'giiiliilioii4. C'ompani. lai4' rcquirL'S IIiL TnJslLX'% l() prL'psifL. fiiiilllc1411 sliilLmLiil8 fi)r L.1ili fin£inLiiil ycilr. Llndcr Ihc1314' Ilic TnL41LLS hai'L L ILLIL(I l(} prL'p41fL' lh¥ lin'inil.'Il Nl4ilLinLnl.% in 4lLLordanLL 1h.iih Uni(¢d Kin&?di)ni CILIiLrJll)' IlLLLpILd ALcoui)linb l?raLlicL ( UnilL'd Kinb,d()m Arc<)ui)ling Siandanls and appliL1blL laii.). TIIL. finilllL'iJI .slalLIIILnls arL fLqliifL￿ by141W II) bFIVL ¢1 IriiL' and rair i'i¢ii' ofihc slalL ofalTairi (Jr IhL ch:irily Ilnd ofiliL surplu.s or dLlicil ul" IhL Lharily li)r Ihai period. In pwparing IliLsL l inancial slalcincnl.s, IIIL InLSICLS arL' rLquLsILd 10: Sclccl suitsblL accouniing policics and Ihin apply them consislL'nily; ,%lakc judgLmcnts and eslirnaics Ihal arc rcasonable and prudcnl: Siaie H heihcr applicabl¢ accounling standards and slatcmenls ofrLxommLn(IL'd praLIicL h31 L ken follo￿ L￿. subjccl lo any departures discloscd and explained in the financial S￿lements. Pr¢parL thc flnancial slalcmenls on th¢ going conccm basis un1¢55 it is inapproprialL to presume th21 Ihe charily will continue in opcrnlion. I'iikll. The Rcde¢nitd Chrljilan Church (If CDDd Iloujc or Cbod The Twslces are ￿"SpoIl$1b1C for kceping propLr uccouiiliiigy rcc()rds, which dI.%clo￿ wilh rL'asonable accurn¢y al any limc IIIL fiiianLliil po.%ili(?ii ()r IhL cli£irily cind i(> cndblc Ihcm lo ensurc diat Ilie financial 51aieiiiciils ¢oiiiply ivilli IIIL. CILIILrol l)irccli0118 givcn by Ilic Cliorily Cornmi.ssion. Thcy arL' also rcsponsil)IL for.%afLblUqi rdiiig. Ilic a%%el.% i)f IhL' charily and hcncc for laking? rcasonablc Slcp5 for IIIL prLvLnliuii diid dLILLlioii ol. Ir(iud and oihLr irrLLtrularilics. This report ivas approved by the board of Irustees on . its behalf by.. and SiBncd on 11 IIL(LA QL Signalure.. Dal¢'. 'iikJii 6 THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OFGOD St4ttmtnt or FlnAnelAI A¢tlYlfkJ Fibr Th¢ Y¢•r Ended 31$t D¢¢emb¢r 2023 Note$ Unreslrlcttd Fund Resfrlcted Fund TotAI 2n23 2022 ltteomlng R¢stsur¢es Volvnthry sou1r￿- lithes, offerings. donations. thanksgivin& e Gift Aid Reclaim 32.177 32.177 37.794 Miscellaneo￿3 receipt- other income Investh￿￿t income Total incoming resour¢¢$ 32.177 32.177 37.794 Resource5 Expended Cosi of generaiing rn fvrthcrnn¢e of the charitgs objecuve$ Management & AdTninistraiion of Chari 18,425 14260 14.087 15,336 Total resources expended 32J12 29596 Net Ineomlng resource5 1(outg•lng) resourccj (335) 8,198 Other reeognised gain5 ond losses Gr055 Transfer between funds Net movcmenl in funds for the y¢4r- Net ineomel(expcnditure) for the year (335) 8,198 Total funds broug￿1 for¥vdrd 11112023 22,884 14.686 Total Funds Carried Forward At 31st Dcc¢mber 2023 22549 22W84 Name:. Sign.. Date.. P#Ec 8 ## **THE REDEEMED CHRISTIAN CHURCH OF GOD HOUSE OF GOD** ## **Accountants / Independent Examiner's Report For The Year Ended 31st December 2023** We have examined the financial statements on pages 2 to 12 which have been prepared in accordance with the accounting policies set out on page 4. ## **Respective responsibilities of the trustees and independent examiner** The charity trustees are reponsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year (under section 144 (2) of the charities Act 2011) (the 2011 act). It is our responsibilities to: - examine the accounts (under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** Our 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 organisation and a comparison of the accounts presented with those records. It also includes consideration of unusual items or disclosures in the accounts and, seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, I do not express an audit opinion on the view given by the accounts. It is our responsibilities to form an independent opinion, based on my examination, on those financial statements and to report on my opinion. ## **Independent Examiner's Statement** In connection with our examination, no matter has come to our attention: - 1) which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of the 2011 Act; and - to prepare acounts which accord with the accounting records and to comply with the accounting requirement of the 2011 Act have not been met. - 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## Signed: ## Flourish Global Consulting (A firm with Chartered Accountants & Management Consultants) Unit 9 Challenge House 616 Mitcham Road Croydon CR0 3AA Date: 23rd October 2024 **Page 7**