REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH (Charity No 1206589) Report and Financial Statements
Legal and administrative information
Status
Registered as a charitable company on 17 January 2024 established by a deed of transfer of assets from charitable trust number 1118688 dated 9 September 2024. Incorporates operations of Honey Tots Day Nursery since 2011.
Trustees and Management committee
MR OBED KWAME ABABIO MR ABAYOMI ADETAYO FATAI AYINLA KASALI
Registered charity number 1206589 Registered company number 08203693 Registered office address 21-23 Stokes Croft, Bristol BS1 3PY Charity operations address 21-23 Stokes Croft, Bristol BS1 3PY Nursery operations address 21-23 Stokes Croft, Bristol BS1 3PY email kkasali@yahoo.com telephone 07727159581 Bankers National Westminister Bank Accountants AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA
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REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH (Charity No 1206589) Report and Financial Statements
Trustees Report
The trustees presents its report and the unaudited financial statements for the period 2ND SEPTEMBER 2025 TO 31ST DECEMBER 2025.
Activities and development in the current year
In the year 2024/2025 the charity changed its registration status from charitable trust to charitable company. Similarly, the charity started negotiation to buy a new property and also to sell its present property. The change was necessary to get a bigger and better place where the charity would be able to carry more of its activities and serve the community better. Due to this change the charity closed down its nursery school in the year 2025.The nursery was closed because of change of premises and for the fact that the registration of the nursery was based on the facilities of the present premises. It is hoped that the transaction for the selling of the present premises of the charity and purchase of a new one will be completed in the next year.
Nevertheless, all these changes did not negatively affect the growing of the charity and its impacts on the community. The charity keeps growing in number and also in its activities. More members joined the charity during the year. There were more students that did well in ‘thrive in mathematics’—a free mathematics class organised by the charity in junction with one of its members.
More of the youths in the community that were attending this free mathematics class gained admission into the university based on their excellent performance in mathematics examination at GSCE level. This free class in mathematics organised by the charity is for any interested member of the community and this has been helping many students that used to struggle in mathematics.
Furthermore, all the regular church services continued during the year while the online services also kept running. In order to maintain connection to many members of the church the charity carried out some new online services and this has brought increased to the membership of the church.
During the Christmas celebration the charity donated money to many charitable organisations within the town of Bristol. Charity also donated food items regularly to homeless centres around Bristol. Gifts were also given to some church members especially during the Christmas celebration.
The Charity looks into the future with hope of making more impacts on the community.
Responsibilities and basis of preparation of the report
The trustees who are also the management committee of the charity are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the BOARD OF TRUSTEES
………………………………. Pastor Fatai Kasali (Senior Pastor)
Date ……………………………….
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REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH
(Charity No 1206589) Report and Financial Statements Independent Examiner's report to the Trustees for the period 2ND SEPTEMBER 2025 TO 31ST DECEMBER 2025
I report to the trustees on my examination of the accounts of the above charity for the above period.
Responsibilities and basis of report:
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement:
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Alhassan Bangura FCCA AL Accounting Solutions 21A Brighton Road South Croydon Surrey CR2 6EA
Date.....................................................
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REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH
(Charity No 1206589)
Report and Financial Statements
Statement of Financial Activities (including Income and Expenditure Account) for the period 2ND SEPTEMBER 2025 TO 31ST DECEMBER 2025
| Notes Incoming resources: Voluntary income Gift aid claims receipt Building Fund donations Nursery fees Bank Interest Received Council Grant Income Total Incoming resources Resources Expended: 5 Nursery operations Parish operations Total resources expended Net surplus/ (deficit) before taxation Corporation tax Net surplus/ (deficit) for the year Opening funds Closing funds |
Nursery Funds £ - - - 1,033 - - 1,033 2,700 2,700 (1,667) - (1,667) (162,986) (164,653) |
Parish Funds £ 61,819 - 22,640 - 2 - 84,461 110,023 110,023 (25,562) - (25,562) 339,203 313,641 |
Total Total Funds Funds 31 Dec 2025 1 Sep 2025 £ £ 61,819 222,397 - 45,278 22,640 480 1,033 138,336 2 9 - 1,000 85,494 407,500 2,700 164,772 110,023 269,485 112,723 434,257 (27,229) (26,757) - - (27,229) (26,757) 176,217 202,974 148,988 176,217 |
|
|---|---|---|---|---|
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REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH (Charity No 1206589)
Report and Financial Statements
Balance Sheet as at 31ST DECEMBER 2025
| Notes Fixed assets 2 Freehold Premises Freehold Improvements Plant & Machinery Nursery Equipment Net Current liabilities Members loans Cash at Bank and in Hand Less: Current Liabilities 3 Mortgage Loans 4 Net Assets Nursery Funds Charity Funds Signed on behalf of the Board of Trustees ………………………………. REPRESENTED BY: |
£ £ 300,000 165,379 48,321 11,949 525,649 - 53,197 53,197 (21,478) 31,719 (408,380) 148,988 (164,653) 313,641 148,988 - Date ……………… 31 Dec 2025 |
£ £ 300,000 169,520 50,516 12,737 532,773 1,400 68,587 69,987 (16,357) 53,630 (410,186) 176,217 (162,986) 339,203 176,217 ………………. 1 Sep 2025 |
|---|---|---|
………………………………. Pastor Fatai Kasali (Senior Pastor)
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REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH (Charity No 1206589) Report and Financial Statements
Notes forming part of the financial statements
for the period 2ND SEPTEMBER 2025 TO 31ST DECEMBER 2025
1. Accounting policies
a) The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
b) Voluntary income is received by the way of donations towards religious tithes and offerings. Donations received is included in full in the Statement of Financial Activities in the year in which they are received.
c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
d) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows: - Freehold Imporvments 5% Straight line
-Plant & Machinery 20% Reducing balance
-Nursery Equipment 20% Reducing balance
e) Unrestricted funds are donations and other incoming resources received for the objects of the charity without further specified purpose and are available as general funds.
f) Restricted funds are to be used for specific purposes as laid down by the donor.
| 2. Other Tangible Fixed Assets Cost: As at 2 September 2025 Addition As at 31 December 2025 Depreciation: As at 2 September 2025 Charge As at 31 December 2025 Net Book Value: As at 31 December 2025 As at 2 September 2025 3. Current Liabilities Accruals Pensions Tax and National Insurance Credit Card balance |
Freehold Improvements £ 248,434 248,434 78,914 4,141 83,055 165,379 169,520 |
Plant & Machinery £ 169,434 640 170,074 118,918 2,835 121,753 48,321 50,516 |
Nursery Equipment £ 47,287 47,287 34,550 788 35,338 11,949 12,737 31 Dec 2025 £ 7,732 420 1,135 12,191 21,478 |
Total £ 465,155 640 |
|---|---|---|---|---|
| 465,795 | ||||
| 232,382 7,764 |
||||
| 240,146 | ||||
| 225,649 | ||||
| 232,773 | ||||
| 1 Sep 2025 £ 6,393 420 104 9,440 |
||||
| 16,357 |
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REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH (Charity No 1206589) Report and Financial Statements
Notes forming part of the financial statements
for the period 2ND SEPTEMBER 2025 TO 31ST DECEMBER 2025
| 4. Mortgage Loan Balance brought forward Less: Repayment Add: Interest plus adjustment Balance carried forward 5. Total Resources Expended Nursery Parish Funds Funds £ £ RCCG Central Office - 7,263 Honararium, Donations & members welfare - 7,490 Events & Outreach Cost - 15,553 Training & Development-Nursery - 310 Church Salaries & NI Cost - 27,096 Church Pension cost - 720 Vicarage Allowance - 5,606 Nursery Materials & Consumables 1,912 - Nursery Salaries and NI Cost - - Nursery pension cost - - Rates & Water - 297 Light & Heating - 319 Telephone & Internet - 623 Travelling & Motor Expenses - 8,402 Bank Charges & Interest - 748 Subscriptions & Licences - 179 Legal & Professional Fees - 12,962 Accountancy Fees - 1,339 Insurances - 1,860 Repairs, Maintenance & Cleaning Costs - 3,655 Mortgage Loan Interest - 8,625 Depreciation 788 6,976 Total 2,700 110,023 6. Related Party transactions Related party transactions are resources expended to trustees or their relatives Salaries and wages Benefits (additional payment as thanskgiving offering or vicarage cost for full time minister) |
31 Dec 2025 £ 410,186 (10,430) 8,624 408,380 31 Dec 2025 Total £ 7,263 7,490 15,553 310 27,096 720 5,606 1,912 - - 297 319 623 8,402 748 179 12,962 1,339 1,860 3,655 8,625 7,764 112,723 31 Dec 2025 £ 18,000 5,606 23,606 |
1 Sep 2025 £ 415,285 (31,818) 26,719 |
|---|---|---|
| 410,186 | ||
| 1 Sep 2025 Total £ 21,992 30,476 48,325 2,867 60,677 1,620 21,364 14,134 101,030 901 1,086 1,286 4,615 24,346 1,272 1,047 12,976 7,637 5,851 15,801 26,719 28,235 |
||
| 434,257 | ||
| 1 Sep 2025 £ 54,000 21,364 |
||
| 75,364 |
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Registered Charity No: 1206589 Company No: 08203693
REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH
Report and Financial Statements 2ND SEPTEMBER 2025 TO 31ST DECEMBER 2025
AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA
REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH (Charity No 1206589) Report and Financial Statements
Contents
| Page No | |
|---|---|
| 1 | Legal and administrative information |
| 2 | Trustees Report |
| 3 | Independent Examiner's report to the Trustees |
| 4 | Statement of Financial Activities |
| 5 | Balance Sheet |
| 6-7 | Notes forming part of the financial statements |