THE REDEEMED CHRISTIAN CHURCH OF GOD FAITH ASSEMBLY
(A Company Limited by Guarantee)
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 May 2025
REGISTERED COMPANY NO: 14906184 CHARITY NO: 1204979
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
| CONTENTS | Page |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Reports | 2 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the financial statements | 7 |
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
REFRENCE AND ADMINISTRATIVE DETAILS
| Charity Name: | The Redeemed Christian Church of God Faith Assembly |
|---|---|
| Charity Registration Number: | 1204979 |
| Company Registration Number: | 14906184 |
| Registered Office | 28 Fairway Avenue |
| West Drayton | |
| United Kingdom | |
| UB7 7AN | |
| Trustees: | Benjamin Tope Adediji |
| Samuel Olukunle Ojo | |
| Victor Idowu Olukanni | |
| Independent Examiners | TPC Consult (UK) Ltd |
| Unit A | |
| 82 James Carter Road | |
| Mildenhall | |
| IP28 7DE | |
| Bankers: | HSBC Bank PLC |
| 28 High Street | |
| Uxbridge | |
| Middlesex | |
| UB8 1JN |
Page 1
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
REPORT OF THE TRUSTEES
For the Period: 1 June 2024 – 31 May 2025
1. Reference and Administrative Details
Charity Name: The Redeemed Christian Church of God Faith Assembly Working Name: Faith Assembly Charity Registration Number: 1204979 Company Registration Number: 14906184
Legal Status: Company Limited by Guarantee
Registered Address:
Faith Arena, 25 Bakers Road, Uxbridge, UB8 1RG, United Kingdom
Trustees during the period:
Mr Victor Idowu Olukanni Mr Benjamin Tope Adediji Dr Samuel Olukunle Ojo
Pastor: Pastor Adeyemi Solomon Adelakun
Bankers: HSBC Bank
2. Structure, Governance and Management
The Charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association.
Governing Document
The Charity is governed under the Companies Act 2006 and operates in accordance with the Charities Act 2011.
Object of the Charity
The Object of the Charity is: “The advancement of the Christian faith worldwide.”
This is carried out for the public benefit through worship services, discipleship, evangelism, community outreach, training, and support initiatives in accordance with the Statement of Faith contained in the governing document .
Trustees
The Trustees are responsible for the overall governance, strategic direction, and financial stewardship of the Charity. Trustees meet regularly and ensure compliance with statutory requirements, safeguarding policies, and financial controls. Trustees confirm that they have complied with their duties under: The Companies Act 2006 The Charities Act 2011
The Charity Commission’s guidance on public benefit
3. Public Benefit Statement
The Trustees confirm that they have paid due regard to the Charity Commission’s guidance on public benefit. The Charity provides public benefit by:
Advancing the Christian faith through regular worship and teaching. Providing pastoral care and spiritual counselling. Running community outreach and evangelistic programmes. Supporting families, young people, and vulnerable individuals. Organising community events that foster inclusion and social cohesion.
All regular services and community programmes are open to the general public without discrimination.
4. Objectives and Activities
During the reporting period (1 June 2024 – 31 May 2025), the Charity continued to pursue its charitable Object through the following activities:
4.1 Regular Worship Services
Sunday Worship Services (10:00 AM weekly) Workers’ Meeting (9:30 AM weekly) Wednesday Bible Study (7:00 PM weekly) Monthly Thanksgiving Services Night Vigils Fasting and Prayer Meetings These activities are reflected in the Annual Ministry Calendar.
4.2 Evangelism and Outreach
Community Evangelism Days “Let’s Go A Fishing” evangelistic campaigns University outreach (including Brunel University) Sports Day Outreach Seasonal outreach events (Easter, Christmas)
4.3 Conferences and Special Programmes
Youth Sundays Family Weekend
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The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
REPORT OF THE TRUSTEES
Children & Teens’ Weekend Leadership Weekend Men of Valour Women’s Fellowship Events International Sunday Festival of Life (UK participation) Holy Ghost Services (linked with RCCG global programmes) These programmes supported spiritual growth, leadership development, and family strengthening. 4.4 Seasonal and National Observances Easter Services Mothering Sunday Father’s Day Remembrance Sunday Christmas Carol Service Crossover Night Service Annual Thanksgiving Service
5. Achievements and Performance During the period under review: The Church maintained consistent weekly attendance and spiritual engagement. Community outreach programmes increased engagement with local residents in Hillingdon. Youth and family-focused initiatives strengthened intergenerational participation. Leadership training events improved volunteer capacity and operational structure. Compliance with regulatory requirements (Companies House and Charity Commission) was maintained. The Trustees are satisfied that the Charity continues to operate effectively in furtherance of its Object.
6. Financial Review
6.1 Principal Funding Sources Tithes and offerings, Gift Aids, Donations, Special thanksgiving contributions and Conference-related giving. 6.2 Reserves Policy The Trustees aim to maintain sufficient unrestricted reserves to cover approximately 3–6 months of operating costs, ensuring sustainability and continuity of charitable activities.
7. Risk Management The Trustees have considered the major risks to which the Charity is exposed and have implemented appropriate systems to mitigate these risks, including: Financial oversight and dual signatory policy. Safeguarding policies for children and vulnerable adults. Health and safety compliance. Data protection compliance. Governance oversight through regular Trustees’ meetings
8. Plans for Future Period (2025–2026)
The Charity plans to:
Expand community outreach programmes. Strengthen youth and young adult engagement.
Increase discipleship and leadership development training. Improve digital engagement and communication. Enhance pastoral support structures. Develop structured community assistance initiatives. The Trustees remain committed to advancing the Christian faith in Uxbridge and beyond.
9. Statement of Trustees’ Responsibilities
The Trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicab law and regulations. Company law requires the Trustees to prepare financial statements for each financial year. Under that la the Trustees have elected to prepare the financial statements in accordance with UK Accounting Standards and applicable law
The Trustees are responsible for: Keeping adequate accounting records. Safeguarding the assets of the Charity. Preventing and detecting fraud and irregularities Preparing accounts that give a true and fair view. The Trustees confirm that, to the best of their knowledge, the information contained in this report is accurate and complete.
10. Approval
This report was approved by the Board of Trustees and signed on its behalf by:
Trustee Name: Mr Victor Idowu Olukanni
Date: 7th October 2025
On behalf of the Board of Trustees The Redeemed Christian Church of God Faith Assembly
Page 3
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
INDEPENDENT EXAMINERS REPORT
Independent Examiner's Report to the Trustees of The Redeemed Christian Church of God Faith Assembly.
I report on the accounts of the above Charity for the year ended 31 May 2025 set out on pages 5 to11.
Respective responsibilities of trustees and independent examiner
The Trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006, (“the 2006 Act”). The charity’s trustees consider that an audit is not required for this year under Part 16 of the 2006 Act and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Act
-
to follow the procedures laid down in the general Direction given by the Charity commission (under section 145(5)(b) of the Charites Act, and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with 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 the trustees concerning any such matters The procedures undertaken do not provide all 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 which gives me reasonable cause to believe that in any material respect:
-
accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
-
the accounts do not accord with such records; or
-
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: C. John-Musa FFA FIPA TPC Consult (UK) Ltd Unit A 82 James Carter Road Mildenhall IP28 7DE
Date: 7th October 2025
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The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
Statement of Financial Activities for the year ended 31 May 2025
| Recommended categories by activity Notes Income from: Donations and legacies 3 Charitable activities Investments Total Income Expenditure on: Raising funds Charitable activities 5 Total Expenditure Net income before Taxation Taxation 8 Net movement in funds Reconciliation of funds: Total funds brought forward 14 Net Movement in Funds Total funds carried forward 14 |
Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 £ £ £ £ 118,821 - 118,821 116,829 - - - - - - - - |
|---|---|
| 118,821 - 118,821 116,829 |
|
| - - - 95,326 - 95,326 78,739 - - - - |
|
| 95,326 - 95,326 78,739 |
|
| 23,494 - 23,494 38,090 - - - - |
|
| 23,494 - 23,494 38,090 |
|
| 92,272 - 92,272 54,183 23,494 - 23,494 38,090 |
|
| 115,767 - 115,767 92,272 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 7 to 11 form part of these financial statements.
Page 5
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
BALANCE SHEET AS AT 31 May 2025
| Notes Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand 11 Creditors: amounts falling due within one year 12 Net Current Asset Total assets less current liabilities Creditors: amounts falling due after one year 13 Total net assets Charity Funds: Restricted funds Total Restricted Fund 14 Unrestricted funds General Fund 14 Total Unrestricted Fund Total funds 14 |
700 86,416 |
2025 £ 29,851 85,916 |
2025 £ 29,851 85,916 |
- 85,004 |
- 85,004 |
2024 £ 8,468 83,804 92,272 - |
|
|---|---|---|---|---|---|---|---|
| 87,116 1,200 |
85,004 1200 |
||||||
| - | |||||||
| 115,767 - |
|||||||
| 115,767 | 92,272 | ||||||
| - 115,767 |
- | - 92,272 |
|||||
| 115,767 | 92,272 | ||||||
| 115,767 | 92,272 |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statement have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The Financial Statements were approved by the board on the 7th October 2025 and signed on its behalf by:
Mr Victor Idowu Olukanni (Chairman) Position: Trustee
The notes on pages 7 to 11 form part of this financial statements.
Page 6
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MAY 2025
1. General information
The Redeemed Christian Church of God Faith Assembly is an incorporated charity limited by guarantee. Registered in Engaland with company number 14906184. The address of the registered office is given in the information page of these Financial Statements. The nature of its operations and principal activities are outlined in the Trustees Reports.
2. 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 of the Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102). Accounting and Reporting by Charities: Statement of recommended practice applicable in the United Kingdom and the Republic of Ireland (FRS 102) (effective 1 Janaury 2019). The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) and the Companies act 2006 and the United Kingdom Generally Accepted Accounting Practice. And the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.
(b) Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Unrestricted funds may include a revaluation reserve representing the restatement of investment assets at market values where applicable.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
(c ) Income
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income after any performance condition have been met, the amount can be measured relably and it is probabile that the income will be received.
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 not 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. The value of services provided by volunteers has not been included in these accounts.
Invested income is included when receivable.
Income from charitable trading activity are accounted for when earned.
Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
(d) Expenditure
All expenditure is accounted for on an accrual basis. Ependiture is recorgnised where there is a legal or constructive obligation to make payments to third parties , it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is categorised into the folloing headnings:
-
Cost of Raising Fund: This includes all the cost of the Charity's trading.
-
Expenditure on Charitable Activities: This includes costa in furtherance of the charity's objects and cost in support of those activities.
All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.
e. Tangible Fixed Assets and Depreciation
Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £1000 are not capitalised.
Depreciation
Depreciation is provided at rates calculated to write off the cost of each asset, less their estimated residual value over its expected useful life.
Land and Building 2% on cost Musical Equipment 25% on cost Furnitures & Fittings 20% on cost Motor vehicle 25%, on cost Office Equipments 25% on cost
Investments held as fixed assets are revalued at mid market value at the blance sheet date and the gain or loss taken to the Statement of Financial Activities.
Page 7
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
| 3. Incoming Resources from Donation and Legacies Donations: Tithes Offering Thanksgiving Other Ministry Income Building Support Gift Aid 4. Incoming Resources from Charitable activities Charitable Activities Total Incoming Resourses 5. Expenditure on Charitable Activities Travel & Subsistence Honorarium Evangelism and Promotion (WEM) Central Office Fund (COF) Christmas & Anniversary Expenses Conference & Events Ministries Expenses Motor Vehicle cost Ministers Stipend / Staff Salary Music & Choir Welfare Training and books Media & Internet Refreshment Donation Support Cost Rent Utilities Printing, Postages & Stationery Insurance Internet & Media Telephone Equipment expensed or hired Repairs & Maintenance Office Administration Wages Depreciation - Office Equipment Depreciation - Furnitures & Fittings Bank charges Professional & Consultancy Fees Accountancy Fees Total Charitable Expenditure |
Unrestricted Restricted 2025 2024 Total Total £ £ £ £ 80,439 - 80,439 70,183 27,978 - 27,978 32,045 3,896 - 3,896 5,354 6,508 - 6,508 9,248 - - - - - - - - |
|---|---|
| 118,821 - 118,821 116,829 |
|
| Unrestricted Restricted 2025 2024 Total Total £ £ £ £ |
|
| - - - - |
|
| 118,821 - 118,821 116,829 |
|
| Unrestricted Restricted 2025 2024 £ £ £ £ 1,769 - 1,769 - 1,445 - 1,445 - 240 - 240 - 600 - 600 840 - - - - 4,283 - 4,283 7,816 - - - - - - - - - 8,504 8,504 7,162 476 476 1,663 927 - 927 - - - - - 1,239 - 1,239 - 150 150 |
|
| 19,633 - 19,633 17,481 |
|
| 36,491 - 36,491 36,760 3,675 - 3,675 2,627 2,047 - 2,047 258 810 - 810 307 4,878 - 4,878 - - - - - 9,689 - 9,689 6,432 1,022 - 1,022 1,021 3,349 - 3,349 8,778 - - - - 10,442 - 10,442 3,275 1,052 - 1,052 - 439 - 439 120 1,199 - 1,199 1,080 600 - 600 600 |
|
| 75,693 - 75,693 61,258 |
|
| 95,326 - 95,326 78,739 |
Page 8
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
| 6. Expenditure Raising Fund 7. Staff Costs Management Committee did not receive remuneration. Salaries and Wages paid The average number of Employees |
Unrestricted Restricted 2025 2024 £ £ £ £ - - - - |
|---|---|
| - - - - |
|
| 2025 2024 - - - - |
8. Taxation
As a charity, The Redeemed Christian Church of God Faith Assembly is exempt from tax on income and gains falling within Section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have risen in the Charity.
Page 9
The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
9. Tangible Fixed Assets
| Land & Office & MusicMotor Building Equipments Vehicle £ £ £ COST At 1 June 2024 - 13,101 - Additions in period - 28,668 - At 31 May 2025 - 41,769 - DEPRECIATION At 1 June 2024 - 4,633 - Charge in period - 10,442 - At 31 May 2025 - 15,076 - NET BOOK VALUE At 31 May 2025 - 26,694 - NET BOOK VALUE At 31 May 2024 8468 - 10. Debtors: Amounts falling due within one year Debtors 11. Cash at Bank and at hand Cash at bank |
Land & Office & MusicMotor Building Equipments Vehicle £ £ £ - 13,101 - - 28,668 - |
Furnitures & Total Fittings £ £ 4,210 17,311 - 28,668 |
|---|---|---|
| - 41,769 - |
4,210 45,979 |
|
| - 4,633 - - 10,442 - |
- 4,633 1,052 11,495 |
|
| - 15,076 - |
1,052 16,128 |
|
| - 26,694 - |
3,157 29,851 |
|
| 8468 - |
- 8,468 |
|
| 2025 2024 £ £ 700.00 - |
||
| 700.00 - |
||
| 2025 2024 £ £ 86,416 85,004 |
||
| 86,416 85,004 |
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The Redeemed Christian Church of God Faith Assembly (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
12. Creditors: Amounts falling due within one year
Accruals
13. Creditors: Amount falling due after one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| 1,200 | 1,200 | |
| 1,200 | 1,200 | |
| 2025 | 2024 | |
| £ | £ | |
| - | - | |
| - | - |
| 14. Movements in Funds Unrestricted Funds: General Funds Restricted Fund: Total Funds |
At 1st At 31 June May 2024 Income Expenditure 2025 £ £ £ £ 92,272 118,821 -95326 115,767 - - - - |
|---|---|
| 92,272 118,821 95,326 - 115,767 |
15. Trustees' Remuneration and Expenses
No Trustees were remunerated under clause 5.2 of the Memorandum of Association company, and as approved by the Charity Commission.
No expenses were reimbursed to the Trustees or incured in respect of Trustees meeting expenses during the period, nor in the previous financvial year.
16. Related Parties
In the year under review and in the course of our assignment, we are satisfied that there is no transfer of economic benefits to any Trustee/Director or responsible officer of the Charity as a result of this transaction, as is the requirement of IAS 24 Related Party Disclosure.
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