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2025-09-30-accounts

COMPANY NUMBER: 14354045

RCCG ROYAL DIADEM CHAPEL NORTHAMPTON FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

CONTENTS OF THE ACCOUNTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

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Page
Report of the Trustees 2 - 5
Independent Examiner’s Report 6
Income And Expenditure Account 7
Balance Sheet 8
Notes to the accounts 9 - 11
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1

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

The trustee presents their report with the financial statements of the Charity FOR THE PERIOD ENDED 30TH SEPTEMBER 2025. The trustees have adopted the provisions of the statement of recommended practice (SORP) Accounting and Reporting by charities issued in 2005.

REGISTERED COMPANY NUMBER

14354045

CHARITY’S PRINCIPAL ADDRESS

70 Harborough Road Kingsthorpe Northamptonshire NN2 7SH

NAMES OF THE CHARITY TRUSTEES

Pastor Ezim Eneli Mr Mayowa Ogunsemo

BANKERS

Lloyds Bank Plc 25 Gresham Street London EC2V 7HN

INDEPENDENT EXAMINER

Adeyemi Ogunnaike TLY Financial Services 14 Thorpeness Croft Tattenhoe Milton Keynes MK4 3FF

2

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMNET

The Charity – ROYAL DIADEM CHAPEL

Royal Diadem Chapel is a member of the Redeemed Christian Church of God (RCCG), which has Parishes all over the world. The relationship between RCCG and Royal Diadem Chapel is governed by an “Agreement for Common Purpose”.

Objectives and activities

  1. The advancement of the Christian faith worldwide in accordance with the doctrines set out in the statement of faith and;

  2. The relief of poverty

Grant Making policies

Under the “Agreement for common purpose”, Royal Diadem Chapel has agreed to make regular contributions to the World Evangelism Mission through RCCG, UK, support missionary organisations such as Festival of Life, African Mission, Good Women’s fellowship, Annual Convention held at the International Headquarter, including, other obligations as agreed.

Governance

The Trust is governed by Trustees, who are appointed under the terms of the trust deed. The Trustees attend training regularly to develop and enhance their knowledge. In addition, bulletins and other knowledge-based resources regularly forwarded to the trust by the Charity Commission also serve as updates regarding their assignment as trustees.

Structure

The Spiritual aspect of the church is handled by the Parish Pastor. The Trustees exercise the day to day oversight of the running of the church. In addition, the trustees meet regularly to review the operations of the church and also make decisions on major issues affecting the church.

The church is organised into groups of; men, women, youth and children for administrative convenience, effectiveness, and to ensure that the needs of each group are adequately met.

Risk Management

The trustees perform the duty of safeguarding the charity against major risks, by reviewing the operations / procedures of the charity’s activities regularly, and by putting adequate controls in place to safeguard the assets of the charity.

Volunteers

The charity enjoys the services of various volunteers, who contributed enormously in various areas of service provision, development and implementation of the church’s vision. The volunteers are encouraged to attend various training and development programmes organised by the charity and other organisations.

3

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

During the year, more volunteers joined the work force to help run the charity and make it more effective in discharging its charitable obligations, especially, to its community.

Achievement and Performance 2025

  1. Food Bank - We have been able to maintain our level of welfare within the charity, and local community on quarterly basis.

  2. Lunch on Jesus – We were able to distribute Christmas food items packages to those in need within the community to share the love of Christmas

  3. Career and Business – We were able to organise a Career session on how to secure employment especially in the Civil service and provided session on how to run business in the UK.

  4. Family life - We were able to organise couples and relationship seminar within the year to enlighten couples and families on how to maintain a peaceful home.

  5. Children Holiday Fun Day: We were able to organise a one day fun activity for members and non-member’s children.

  6. Financial Literacy and Relationship talk for Teenagers: We were able to organise a seminar for teenager on financial education and relationship.

  7. Sundays and Weekly Programs: We have a consistent program every week to bring people together in other to support their spiritual growth, physical and mental wellbeing.

  8. Workers Conference and Retreat: We were able to organise conference and retreat during the year to support the training needs of volunteers where needed.

  9. Breakfast Meeting: We held some session of breakfast meetings to discuss issues from attendee’s feedback regarding any topic i.e. we talk about Mortgage, Investment, Parenting, Career and interpersonal relationship.

  10. Charity Bus: We were able to acquire a new bus to support and facilitate the movement of members for our programs and any relevant journeys.

  11. Christmas Get together: To celebrate and encourage volunteers and member’s contribution to the success of the Charity’s activity through out the year, we were able to have a time to eat and relax as the year round up.

Financial Review

Reserves policy

At the end of the financial year, the trust holds total cash at Bank of £217,923 all which are unrestricted funds.

Principal funding sources

The charity’s main source of fund this year has been through voluntary donations from members.

4

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

Future Development 2026

  1. Propagation of the Gospel

  2. a. We will continue to organise event for advancement of the Christian faith as part of our principal objective daily

  3. Career & Business Empowerment

  4. a. We will organise career and entrepreneur seminars for charity member and local community on a monthly or quarterly basis

  5. b. We will organise ongoing training and mentorship session of youth and teenager to support their wellbeing and career need.

  6. c. Monthly breakfast meeting to enable an open conversation and learning on life issues

  7. Relief of Poverty

  8. a. Food Bank – Continue to maintain our level of welfare within the charity, and local community on quarterly basis.

  9. b. Lunch on Jesus – Distribution of Christmas food items packages to those in need within the community to share the love of Christmas.

  10. c. Support help for the homeless and single parents to usher them towards getting a job through seminars, training and CV review session

ON BEHALF OF THE CHARITY

………………………….......................... Trustee

………………………………................. Trustee

Date:

15/12/2025

5

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

INDEPENDENT EXAMINER’S REPORT FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

I report on the Accounts of the charity FOR THE PERIOD ENDED 30TH SEPTEMBER 2025; set out in pages 7 to 11

Respective Responsibility 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 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent examiner’s Report

My examination was carried out in accordance with general Directions given by the Charity Commissioners. 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 the 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.

Independent examiner’s 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 accounting records in accordance with section 41 of the 1993 Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met ; or

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

Name & address of independent examiner

Adeyemi Ogunnaike TLY Financial Services 14 Thorpeness Croft 15/12/2025 Tattenhoe Milton Keynes, MK4 3FF

6

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

Notes
INCOMING RESOURCES
Incoming resources from
generated funds
- Voluntary income
1
- Investment income
Total incoming resources
RESOURCES EXPENDED
Charitable activities (Support
cost)
2
Governance costs
Total resources expended
Net income/(expenditure)
TRANSFERS
Gross transfers between funds
Net movement in funds
Funds at 1 October 2024
Funds at 30 September 2025		 Unrestricted
Funds
£
156,460
0
156,460
85,536
0
85,536
70,925
0
70,925
260,182
331,107		 Restricted
Funds
£
0
0
0
0
0
0
0
0
0
0		 Total
2025
£
156,460
0
156,460
85,536
0
85,536
70,925
0
70,925
260,182
331,107		 Total
2024
£
151,124
0
151,124
63,257
0
63,257
87,867
0
87,867
172,315
**260,182 **

The charity has no recognised gains or losses other than those dealt with in the statement of financial activities.

7

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

BALANCE SHEET AS AT 30TH SEPTEMBER 2025

Notes
FIXED ASSETS
Tangible assets
3
Capital Work in Progress
5
CURRENT ASSETS
Debtors & Prepayments
6
Cash at bank
CREDITORS
Amounts due within one year
7
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts due after more than one year
TOTAL NET ASSETS
RESERVES
Unrestricted funds
7
Surplus Current Year		 Total
2025
£
36,702
5,693
42,395
93,244
217,923
311,167
6,900
304,267
346,662
15,556
331,107
260,182
70,925
331,107		 Total
2024
£
7,350
0
7,350
82,674
171,158
253,832
1,000
252,832
260,182
0
260,182
172,315
87,867
260,182

For the year ending 30[th] September 2025, the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No member have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved and authorised by the Board on 15[th] December 2025 and signed on its behalf by:

Mr Mayowa Ogunsemo Director

Pastor Ezim Eneli Director

8

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

NOTES TO THE ACCOUNT FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

1. Incoming resources from voluntary income

1. Incoming resources from
voluntary income
Tithe
Offering
Thanksgiving
Building
Other Donations
Gift Aid		 Unrestricted
Funds
£
82,051
30,249
3,862
17,529
13,499
9,270
156,460		 Restricted
Funds
£
0
0
0
0
0
0
0

2. Support Costs

2. Support Costs
Rent
Remittance to Central Office
Remittance to Zonal Parish
Training & Conference
Outreach Work
Honorarium
Building - repairs & maintenance
Telephone, Internet & Zoom
Professional & Accountancy Fees
Church Supplies
Office Stationery
Electricity
Storage
Insurance
Welfare
Finance Cost & Bank Charges
General Expenses
Depreciation		 Unrestricted
Funds
£
16,905
600
3,810
661
0
3,100
450
854
22,221
2,815
3,364
3,186
1,943
2,230
6,500
1,353
6,902
8,643
85,536		 Restricted
Funds
£
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total
2025
£
16,905
600
3,810
661
0
3,100
450
854
22,221
2,815
3,364
3,186
1,943
2,230
6,500
1,353
6,902
8,643
85,536		 Total
2024
£
12,600
4,625
2,300
500
4,246
4,700
2,690
849
500
1,957
6,786
3,315
2,109
519
6,112
2
5,339
4,107
63,257

9

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

NOTES TO THE ACCOUNT FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

3. Fixed assets

Church
equipment
Motor
Vehicle
£
£
COST
At 1st October 2024
17,682
0
Additions
0
37995
At 30th September 2025
17,682
37,995
DEPRECIATION
At 1st October 2024
10,332
0
Charge
4,421
4,222
Additions
0
0
At 30th September 2025
14,753
4,222
NET BOOK VALUE
At 30th September 2025
2,930
33,773
4. Net incoming/(outgoing) resources is stated after charging - Group
Unrestricted
Funds
Restricted
Funds
Total
2025
£
£
£
Depreciation
8,643
8,643		 Total
£
17,682
37995
55,677
10,332
8,643
0
18,975
36,702
Total
2024
£
4,107

5. Capital Work In Progress (CWIP)

At the year end, the charity had incurred £5,693 in respect of professional fees and other costs directly attributable to the development of property for charitable use. As the project was not completed at the balance sheet date, these costs have been recognised as Capital Work in Progress within tangible fixed assets.

The CWIP balance will be transferred to the appropriate fixed asset category once the related property acquisition and development are completed and the asset is ready for use.

6. Taxation

RCCG Royal Diadem Chapel Northampton is a registered charity and is eligible for the exemptions from taxations available to charities on their charitable activities. No charge to taxation therefore arises.

10

REDEEMED CHRISTIAN CHURCH OF GOD (RCCG), ROYAL DIADEM CHAPEL NORTHAMPTON

NOTES TO THE ACCOUNT FOR THE PERIOD ENDED 30TH SEPTEMBER 2025

7. Debtors
Gift Aid Account
Other Debtors
8. Creditors – amounts falling due within one year
Other Creditors
9. Creditors – amounts falling due after one year
Church Bus Lease
10. Funds		 2025
2024
£
£
75,994
66,724
17,250
15,950
93,24482,674
2025
2024
£
£
6,900
1,000
6,900
1,000
2025
2024
£
£
15,556
0
15,556
0		 2025
2024
£
£
75,994
66,724
17,250
15,950
93,24482,674
2025
2024
£
£
6,900
1,000
6,900
1,000
2025
2024
£
£
15,556
0
15,556
0		 2025
2024
£
£
75,994
66,724
17,250
15,950
93,24482,674
2025
2024
£
£
6,900
1,000
6,900
1,000
2025
2024
£
£
15,556
0
15,556
0		 2025
2024
£
£
75,994
66,724
17,250
15,950
93,24482,674
2025
2024
£
£
6,900
1,000
6,900
1,000
2025
2024
£
£
15,556
0
15,556
0
2025
£
6,900
6,900
2025
£
15,556
15,556 0
Brought Carried
forward at forward at
01/10/2024 Income Expenditure 30/09/2025
£ £ £ £
Unrestricted funds 260,182 156,460 (85,836) 331,107

11