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2025-08-31-accounts

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

THE REDEEMED CHRISTIAN CHURCH OF GOD, THE OVERCOMER CHURCH

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

CHARITY NO: 1204763 COMPANY NO: 15094909

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Financial statements for the year ended 31 August 2025

Contents Page
Legal and Adminstrative Information 1
Report of the Trustees 2 - 5
Statement of Trustees Responsibilities 6 - 7
Independent Accountant Report 8
Statement of Financial Activities 9
Balance Sheet 11
Notes to the Accounts 12 - 15

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Financial statements for the year ended 31 August 2025

Administrative information

Charity Name: The Redeemed Christian Church of God, The Overcomer Church Charity Registration Number: 1204763 Company Number: 15094909 Registered Office Address: 8 Kenton Avenue, Manchester, M18 7GQ Trustees: Mr Oluremi Kayode Kukoyi Mr Emmanuel Kolawole Oyefeso Mr Owolewa Abiodun Daramola Mr Akinsola Olajide Ojo Accountant: 678 Consult Limited 100 Lincoln Road Erith Kent DA8 2DT Bankers: Barclays Bank Plc

Page 1

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Report of the trustees for the year ended 31 August 2025

The charity's area of operation and UK charitable registration

The Redeemed Christian Church of God, The Overcomer Church is a parish under the RCCG Worldwide Church with the primary objective to reach out to all about the Christian faith focus within Manchester.

The charity is registered with the Charity Commission in England & Wales (CCEW) with the charity number 1204763.

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Acts. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation, dated 24th August 2023.

There are no restrictions in the governing documents on the operation of the charity or on its investment powers other than those imposed by charity law.

By law all trustees are directors under Companies Act 2006 and all directors are trustees under Charities Act and have responsibilities as such, under both company and charity legislation.

The following persons served as trustees during the period ended 31 August 2025:-

The trustees who served as trustees in the reporting period are as shown on page 1, and there were no changes during the year, or in the period between the period end and the approval of the accounts.

Our Aims and Objectives

Purpose and aims

The objects of the charity are:

a) To advance the christian faith in accordance with the statement of belief appearing in the schedule hereto in Gorton, Levenshulme, Openshaw, and other parts of the United Kingdom or the world as the trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity.

b) To relieve persons who are in need, hardship, aged or sick and to relieve the distress caused thereby in the said location and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit.

Ensuring our work delivers our aims

We hope to review our aims, objectives and activities each year. This review will look at what we have achieved and the outcomes of our work with the previous 12 months. The review will look at the success of each key activity and the benefits they have brought to those groups of people they are set up to help. The review also help us ensure our aim, objectives and activities remain focused on our stated purposes. We have referred to the guidiance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Page 2

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Report of the trustees for the year ended 31 August 2025

The focus of our work

Our main objective since our inauguration has been to continually explore our immediate community and environment with the view to add relevance and be a source of support in the Gorton, and Levenshulme community. The strategies we have applied to meet this objective include:

  1. Provision of weekly church services on Sundays, Tuesdays bible study and Thursdays prayer meetings to minister to the physical, spiritual and material needs of the people.

  2. Provision of special events and meetings to meet the specific needs of target groups in the community such as Men, Women, Youths and Children, through engaging with them in outreach activities.

  3. Provision of material support to members of the community undergoing financial difficulties.

  4. Working with other christian agencies and churches in the Borough and its environs to advance the preaching of the gospel.

  5. Provision of pastoral care for the members and other members of the community.

  6. Empowering our Youths to be world changers through provision of Christian leadership trainings and community engagement activities.

Activities undertaken in the year

Who used and benefited from our services?

Our church services are presented with both the regular congregant and the visitor or seeker in mind. We minister to the physical, mental and spiritual needs of the members in our services giving specific consideration to the seekers or new comers in our midst who may not necessarily have a church background and as such may not understand the processes and procedures of christianity.

We also helped in the relief of poverty and hardship amongst both regular and irregular congregants who suffered one form of financial hardship or the other due to the living cost crisis of the nation occasioned by the ongoing Russia-Ukraine war.

How our activities deliver public benefit

Our main activities and who we try to help are described below. All our charitable activities focus on the advancement of the Christian religion, the relief of poverty and sickness in the society.

Page 3

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Report of the trustees forthe year ended 31 August 2025

The charity's strategies for achieving its aims and objectives in the future

b. Collaborate with other charities that have the same aims and objectives to enhance service delivery to the public

c. Continue to spread the gospel using the different social media platforms and other new resources available to the church

Volunteers

The charity depends on the support of its volunteers, which is much appreciated. The volunteers are involved in service provision and administration. The charity has ten volunteers and they put in about 1,200 volunteer hours. The volunteers and charity accept and agree that no contract of employment is created by the volunteer arrangement.

Structure, Governance and Management

The methods used to recruit and appoint new charity trustees

The directors who are also trustees for the purpose of charity law oversee the strategic direction of the charity and due to the nature of church work the trustees have been selected based on their faith, character, skills set in management, growth and commitment to the vision of the charity. The charity continues to enjoy the support of the current set of trustees.

The policies and procedures for the induction and training of trustees

All of the trustees are already familiar with the practical workings of the charity, as they currently serve in similar capacities in other charities. Trustees are required and encouraged to attend series of short training sessions to familiarise themselves with the charity and the context within which it operates.

The charity's organisational structure

The charity is governed by a board of trustees elected to serve and run its affairs. The trustees meet regularly and at times on ad-hoc basis, to manage the affairs of the church. The trustees are assisted by the minister-in-chatge and church leaders.

How the charity makes decisions and how decisions are delegated

The board of trustees meet bi-annually and are responsible for the strategic direction and policy of the charity. A scheme of delegation is in place and the day to day responsibility for the provision of services rests with the minister-in-charge. He is ably assisted by the church leadership and other volunteers.

The charity as part of a wider network

The charity is a parish of The Redeemed Christian Church of God - a network comprised of parishes all over the world. There is an agreement of common purpose entered into by The Redeemed Christian Church of God, The Overcomer Church and The Redeemed Christian Church of God Worldwide which documents this relationship.

Page 4

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Report of the trustees for the year ended 31 August 2025

Financial review

The charitable company's financial position at the end of the year ended 31 August 2025

The financial position of the charity at the 31 August 2025 and comparatives for the prior period.

Net income
Unrestricted revenue funds available for the
general purposes of the charity
Total funds		 2025
£
1,219
58,832
58,832		 5 months
2024
£
(1,373)
57,613
57,613

Financial review of the position at the reporting date, 31 August 2025.

The trustees consider the financial performance by the charity during the year to have been satisfactory.

During the period ended, voluntary income was £37,031 while expediture for the year was £35,812. The net movement in funds for the period as shown in the statement of financial activities was £1,219. The value of net assets at 31 August 2025 is £58,832.

Policies on reserves

The board of trustees have examined the charity's requirement for reserves in light of the risks to the charity. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets to be held by the charity should be between 3 to 6 months of the expenditure.

The expenditure for the year is £35,812, therefore the targeted reserve should be between £17,906 and £8,953 in general funds. The reserves are needed to meet the working capital requirement of the charity and the trustees are confident that at this level, they will be able to continue the current activities of the charity in the event of a significant drop in funding. This general reserve policy as been met.

Going concern

The charitable activities are totally dependable on voluntary donations. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding stream. Accordingly the trustees have obtained and reviewed forecasts for future periods till August 2026 to ascertain going concern basis. They are satisfied at the time of approving the financial statements, that it is appropriate to adopt the going concern basis in preparing the financial statements.

Principal funding sources

This is provided mainly through voluntary tithes and offerings by the church members during church services, and bank transfers. Pledges are also taken for specific projects.

Plans for the future

Page 5

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Report of the trustees for the year ended 31 August 2025

Responsibilities of the Trustees/Directors

The charity's trustees are responsible for the preparation of accounts in accordance with the terms of the Companies Act 2006, Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008, and follow current best practice and prepare the accounts according to FRS 102 SORP 2015 (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

In particular, the Companies Act 2006 and charity 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 as at the balance sheet date and of its incoming resources and applications of resources, including income and expenditure, for the financial year. In preparing those financial statements the trustees are required to :

The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Companies Act 2006 and the regulations made under the Charities Act. The trustees 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.

Members of the Board of Trustees

Members of the board of trustees, and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 1.

In accordance with charity law, as trustees, we certify that:

So far as we are aware, there is no relevant information of which the company's accountants are unaware of; and as the trustees of the charity we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the Charity's accountants are aware of that information.

Page 6

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Report of the trustees for the year ended 31 August 2025

Method of preparation of accounts - small company provisions

The financial statements are set out on pages 9 to 11.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and RepoRting by Charities) 2015, (as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102,(effective 1st January 2016)

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006, applicable to companies subject to the small companies regime.

This report has been approved by the board of trustees on 20 May 2026.

Mr Oluremi Kayode Kukoyi Director/Trustee

________

Mr Emmanuel Kolawole Oyefeso Director/Trustee

Page 7

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Independent accountant's report for the year ended 31 August 2025

We report on the financial statements of The Redeemed Christian Church of God, The Overcomer Church for the year ended 31 August 2025 which comprise the Statement of Financial Activities, the Income and Expenditure Account, the Balance Sheet and the related notes to the financial statements, including a summary of significant accounting policies. In our opinion, the accompanying financial statements of the charitable company are prepared, in all material respects, in accordance with the Companies Act 2006 and with the charity law applicable within the jurisdiction of England & Wales and the accounts have been preparedin accordance to FRS102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, as amended by the bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019). (The SORP), published by the Charity Commission in England & Wales (CCEW), effective January 2016, under the historical cost convention, in accordance with the accounting policies set out on page 12, which framework constitutes the applicable United Kingdom Generally Accepted Accounting Practice.

Respective responsibilities of trustees/directors and the accountant

As described on page 6, you, the charitable company trustees, who are also directors of the company for the purpose of Company Law are responsible for the preparation of the accounts.

The trustees consider that the audit requirement of Section144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. The trustees also consider the charitable company to be exempt from the requitrement to be subject to independent examination.

Our responsibility is to prepare accounts upon the basis of the information supplied to us, without conducting any formal scruitiny.

No statement of opinion

We have not carried out any audit procedure and have relied upon information supplied to us by the trustees, and the information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently we do not express an audit or other assurance opinion on the view given by the accounts.

678 Consult Limited Chartered Accountants

100 Lincoln Road Erith Kent

DA8 2DT

20 May 2025

Page 8

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 August 2025

Notes
Income
Income and endownments from:
Donations
2
Total income
Expenditure on:
Charitable activities
3
Total expenditure
Net income for the year
Net income after transfers
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 5 months
2025
2024
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
£
£
£
£
37,031
-
37,031
4,465
37,031
-
37,031
4,465
35,812
-
35,812
5,838
35,812
-
35,812
5,838
1,219
-
1,219
(1,373)
1,219
-
1,219
(1,373)
1,219
-
1,219
(1,373)
57,613
-
57,613
58,986
58,832
-
58,832
57,613

As required by paragragh 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the balance sheet.

This statement of financial activities includes all gains and losses in the year.

All activities derive from continuing operations.

The notes attached on pages 12 to 15 form an integral part of these accounts

Page 9

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Income and Expenditure Account for the period ended 31 August 2025 as required by the Companies Act 2006

Income
Income from operations
Gross income in the year before exceptional items
Exceptional items:
Realised gains on disposal of tangible assets held for the charity's own use
Gross income in the year including exceptional items
Expenditure
charitable expenditure, excluding depreciation
Depreciation
Governance costs
Total expenditure for the year
Net income before tax in the financial year
Tax on surplus on ordinary activities
Net income after tax in the financial year
Retained surplus for the financial year		 5 months
2025
2024
£
£
37,031
4,465
37,031
4,465
-
-
37,031
4,465
32,603
5,304
2,660
-
550
534
35,813
5,838
1,219
(1,373)
-
-
1,219
(1,373)
1,219
(1,373)

All activities derive from continuing operations.

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure Account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 12 to 15 form an integral part of these accounts

Page 10

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Balance Sheet as at 31 August 2025

Fixed assets
Notes
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Creditors
10
Net current assets
Net assets
11
Unrestricted funds:
Unrestricted revenue fund
12
Total funds		 5 months
2025
2024
£
£
4,368
6,291
50
50
56,567
53,252
56,617
53,302
(2,153)
(1,980)
54,464
51,322
58,832
57,613
58,832
57,613
58,832
57,613

As required by paragragh 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their resposibilty for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006, applicable to the small companies regime.

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_________ ________ Mr Oluremi Kayode Kukoyi Mr Emmanuel Kolawole Oyefeso Director/Trustee Director/Trustee Approved by the board of trustees on 20 May 2026

The notes attached on pages 12 to 15 form an integral part of these accounts

Page 11

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Notes forming part of the financial statements for the year ended 31 August 2025

1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.

(a) Basis of preparation and accounting convention

The accounts have been prepared on the accrual basis, under the historical cost convention, and in accordance accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and FRS 102 SORP (Statement of Recommended Practice for Accounting and reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW), effective January 2016, and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statement in accordance with the FRS 102 SORP 2015, (as amended by the Bulletin issued in October 2018 and applicable to allaccounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which as been withdrawn notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This as been done to accord with current best practice.

(b) Fund accounting

(c) Nature, categories and recognition of income

All incomes are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

The following specific policies are applied to particular categories of income:

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receiveable. Grants, where entitlement is conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified.

(d) Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the services from volunteers, the contribution of volunteers is not included within the income of the charity.

(e) Recognition of liabilities and expenditure

(f) Fixed assets

Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which in all cases is estimated at 5 years.

Page 12

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church

Notes forming part of the financial statements for the year ended 31 August 2025

2. Donations
Unrestricted
Restricted
2025
2024
£
£
£
£
Tithes & Offering
31,302
-
31,302
4,450
Thanksgiving
150
-
150
15
Gift Aid
5,564
-
5,564
-
Others
15
-
15
-
Total donations
37,031
-
37,031
4,465
3. Charitable expenditure
Church
Work
Support
Cost
Governance
Costs
2025
2024
£
£
£
£
£
Charitable activities
Ministry costs
20,730
-
-
20,730
3,335
20,730
-
-
20,730
3,335
Support costs
Administration
4,123
-
-
4,123
674
Premises
6,715
-
-
6,715
1,260
Others
-
3,694
-
3,694
35
10,838
3,694
-
14,532
1,969
Governance costs
Professional fees
-
-
550
550
534
-
-
550
550
534
Total charitable expenditure
31,569
3,694
550
35,812
5,838
4. Net surplus before tax in the financial year
2025
2024
This is stated after charging:
£
£
Depreciation
2,660
-
2,660
-
5. Income and expenditure account summary
2025
2024
£
£
At 1 September 2024
57,613
58,986
Surplus after tax for the year
1,219
(1,373)
At 31 August 2025
58,832
57,613		 Unrestricted
Restricted
2025
2024
£
£
£
£
31,302
-
31,302
4,450
150
-
150
15
5,564
-
5,564
-
15
-
15
-
37,031
-
37,031
4,465
Church
Work
Support
Cost
Governance
Costs
2025
2024
£
£
£
£
£
20,730
-
-
20,730
3,335		 Unrestricted
Restricted
2025
2024
£
£
£
£
31,302
-
31,302
4,450
150
-
150
15
5,564
-
5,564
-
15
-
15
-		 Unrestricted
Restricted
2025
2024
£
£
£
£
31,302
-
31,302
4,450
150
-
150
15
5,564
-
5,564
-
15
-
15
-
37,031
-
37,031
4,465
20,730
-
-
20,730
3,335
4,123
-
-
4,123
674
6,715
-
-
6,715
1,260
-
3,694
-
3,694
35
10,838
3,694
-
14,532
1,969
-
-
550
550
534
-
-
550
550
534
31,569
3,694
550		 35,812
5,838
2025
2024
£
£
2,660
-
2,660
-
2025
2024
£
£
57,613
58,986
1,219
(1,373)
58,832
57,613

6. Trustees remuneration & related pay transactions

Neither the trustees or any persons connected with them received any remuneration during the year.

7. Taxation

As a charity, The Redeemed Christian Church of God, Peniel Court is exempt from taxation in respect of income or capital gains received within categories covered by chapter 3, part 11 of the Corporation Tax Act 2010 or s256 of the Taxation of Chargeable Gains Act 1992, to the extent that these are applied exclusively to its charitable objects and for no other purpose. No tax charges have arisen in the charity.

Page 13

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church

Notes forming part of the financial statements for the year ended 31 August 2025

8. Tangible fixed assets
COST
At 1 September 2024
Additions in the period
At 31 August 2025
DEPRECIATION
At 1 September 2024
Charge for the period
At 31 August 2025
NET BOOK VALUE
At 31 August 2024
At 31 August 2025
9. Debtors
Debtors
10. Creditors
Accruals - Accountancy fees
Creditors - WEM & COF
- Others
11. Analysis of net assets between funds
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 August 2025
12. Movements in funds
Restricted funds
Total restricted funds
Unrestricted funds
Total unrestricted funds
Total funds		 Music
Media
Motor Furniture &
Total
Equipment
Equipment
Vehicle
Fittings
£
£
£
£
£
-
-
5,800
491
6,291
-
737
-
-
737		 Music
Media
Motor Furniture &
Total
Equipment
Equipment
Vehicle
Fittings
£
£
£
£
£
-
-
5,800
491
6,291
-
737
-
-
737		 Music
Media
Motor Furniture &
Total
Equipment
Equipment
Vehicle
Fittings
£
£
£
£
£
-
-
5,800
491
6,291
-
737
-
-
737
- 737
5,800		 491
7,028
-
-		 -
-
147
2,320		 -
-
193
2,660
- 147
2,320		 193
2,660
- -
5,800		 491
6,291
- 590
3,480		 298
4,368
2025
2024
£
£
50
50
50
50
2025
2024
£
£
450
1,200
1,140
567
563
213
2,153
1,980
Unrestricted
Restricted
Funds
Funds
2025
2024
£
£
£
£
4,368
-
4,368
6,291
56,617
-
56,617
53,302
(2,153)
-
(2,153)
(1,980)		 2025
2024
£
£
50
50
50
50
2025
2024
£
£
450
1,200
1,140
567
563
213
2,153
1,980
58,832
-
58,832
57,613
At 1
At 31
September
Incoming
Outgoing
August
2024
Resources
Resources
2025
£
£
£
£
-
-
-
-
-
-
-
-
57,613
37,031
35,812
58,832
57,613
37,031
35,812
58,832
57,613
37,031
35,812
58,832

Page 14

Docusign Envelope ID: 8FBB073A-9F84-86E6-831A-8069614323AB

The Redeemed Christian Church of God, The Overcomer Church Income and Expenditure Account for the year ended 31 August 2025

Income
LESS EXPENDITURE
Ministry costs - charitable activities
Hotel and Travel
WEM & COF
Pastor's 70% Offering/Allowance
Musician
Welfare & gifts
Donation to charities
Support costs - charitable activities
Premises costs
Rent
Administration
Printing and stationery
Telephone
Insurance
Subscription
Zoom and IT expenses
Books & manuals
Website expenses
Other costs
Depreciation
Training
Sundry
Governance costs - charitable activities
Accountancy fees
Professional & consultancy fees
Surplus for the year
Surplus fund transferred from old charity
Surplus brought forward
Surplus carried forward		 5 months
2025
2024
£
£
£
£
37,031
4,465
4,366
50
7,097
1,628
3,373
303
100
-
2,475
1,154
3,319
200
20,730
3,335
6,715
1,260
6,715
1,260
169
112
120
10
1,573
489
468
-
156
-
312
33
1,325
30
4,123
674
2,660
-
500
-
534
35
3,694
35
500
500
50
34
550
534
35,812
5,838
1,219
(1,373)
-
58,986
57,613
-
58,832
57,613		 5 months
2025
2024
£
£
£
£
37,031
4,465
4,366
50
7,097
1,628
3,373
303
100
-
2,475
1,154
3,319
200
20,730
3,335
6,715
1,260
6,715
1,260
169
112
120
10
1,573
489
468
-
156
-
312
33
1,325
30
4,123
674
2,660
-
500
-
534
35
3,694
35
500
500
50
34
550
534
35,812
5,838
1,219
(1,373)
-
58,986
57,613
-
58,832
57,613		 5 months
2025
2024
£
£
£
£
37,031
4,465
4,366
50
7,097
1,628
3,373
303
100
-
2,475
1,154
3,319
200
20,730
3,335
6,715
1,260
6,715
1,260
169
112
120
10
1,573
489
468
-
156
-
312
33
1,325
30
4,123
674
2,660
-
500
-
534
35
3,694
35
500
500
50
34
550
534
35,812
5,838
1,219
(1,373)
-
58,986
57,613
-
58,832
57,613		 5 months
2025
2024
£
£
£
£
37,031
4,465
4,366
50
7,097
1,628
3,373
303
100
-
2,475
1,154
3,319
200
20,730
3,335
6,715
1,260
6,715
1,260
169
112
120
10
1,573
489
468
-
156
-
312
33
1,325
30
4,123
674
2,660
-
500
-
534
35
3,694
35
500
500
50
34
550
534
35,812
5,838
1,219
(1,373)
-
58,986
57,613
-
58,832
57,613
20,730
6,715		 3,335
1,260
6,715
169
120
1,573
468
156
312
1,325		 1,260
112
10
489
-
-
33
30
4,123
2,660
500
534		 674
-
-
35
3,694
500
50		 35
500
34
550 534
1,219
-
57,613		 (1,373)
58,986
-
58,832 57,613

Page 15