## **THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)**
## **RCCG PECULIAR TREASURES ASSEMBLY**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2025**
## **THE REDEEMED CHRISTIAN CHURCH OF GOD**
## **RCCG PECULIAR TREASURES ASSEMBLY**
||**Page**|
|---|---|
|CORPORATE INFORMATION|3|
|REPORT OF THE BOARD OF TRUSTEES|4-7|
|INDEPENDENT EXAMINER’S REPORT|8|
|STATEMENT OF FINANCIAL ACTIVITIES|9|
|STATEMENT OF FINANCIAL POSITION|10|
|ACCOUNTING POLICIES|11|
|NOTES|12-14|
2
||**CORPORATE INFORMATION**|||
|---|---|---|---|
|**Charity Registration Number:**|1210417|||
|**Principal Address:**|St. Joseph’s Catholic Primary School, Village Lane,|||
||Washington, NE38 7HU|||
|**General Overseer:**|Pastor E.A. Adeboye|||
|**Board of Trustees:**|_The trustees who served during the period were as follows:_|||
||Pastor Adeniran Oluwole Oladipo|-|Chairperson|
||Pastor Sunday Olayiwola Fajorin|-|Member|
||Mr Adekunle Adeleke Amujo|-|Member|
||Mr Owolabi Victor Olumuyiwa|-|Member|
|**Pastor-in-Charge:**|Pastor Uche Ogbeide|||
|**Bankers:**|Lloyds Bank Plc, Sunderland, UK|||
3
## **REPORT OF THE BOARD OF TRUSTEES**
The trustees present their report and the financial statements of the charity for the year ended 31[st] December 2025. The financial statements have been prepared in accordance with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2022, and the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) applicable to charities preparing accounts under FRS 102.
## **Public Benefit Statement**
The Trustees confirm that they have complied with their duty under section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on Charities and Public Benefit when carrying out the charity’s activities.
## **Governing Document**
Eligibility for members of charity and members of board of trustees is governed by the Constitution.
There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law.
## **Organisation Structure**
The church is organised such that the trustees meet at regular intervals to manage its affairs. The day-to-day activities of the church is administered by the Pastor-in-charge:-
## _Pastor Uche Ogbeide_
## **Volunteers**
Many volunteers sacrifice their time to help with the routine activities of the church. We are greatly indebted to these volunteers for their unwavering commitment and support.
## **Appointment of New Trustees**
Trustees are appointed by strict spiritual guidelines and biblical qualities that mirror Christ-like attributes. There was no trustees’ remuneration or other benefits.
_The trustees who served during the period were as follows:_
|_Pastor Adeniran Oluwole Oladipo_|_-_|_Chairperson_|
|---|---|---|
|_Pastor Sunday Olayiwola Fajorin_|_-_|_Member_|
|_#Mr Adekunle Adeleke Amujo_|_-_|_Member_|
|_Mr Owolabi Victor Olumuyiwa_|_-_|_Member_|
4
## **Risk Management**
The trustees actively review the major risks which the charity faces on a regular basis. The trustees have examined the major strategic, business and operational risks which the charity faces and confirms that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to mitigate these risks.
## **Related Parties**
The RCCG Peculiar Treasures Assembly is a member of Redeemed Christian Church of God (RCCG) which has parishes in many countries of the world. The relationship between the parishes and RCCG is governed by an agreement for common purposes.
## **Principal Funding Sources**
The sources of fund are provided mainly through tithes and offerings by church members and gift aid.
## **Objects and Activities**
The principal object is the advancement of Christian faith in united kingdom in accordance with the doctrines set out in the statement of faith contained in the schedule. To achieve its objective, the charity adopted the following strategies;
- Conducting Sunday worship services, midweek Bible study and prayer meetings;
- Running seminars in the church with proven ministers of faith to guide members in the various aspects of Christian faith;
- Support for other charities and Christian events; and
- Regular visitation within the local community to provide required support.
The activities for achieving its objectives include:
- Community outreach events
- Conferences and events (e.g., campaigns against domestic violence)
- Welfare support to members and general public (e.g., Food Bank)
- Various missionary activities
## **Achievements and Future Developments**
## **Our Activities and Achievements in the Past Year**
Over the past year, our church has remained active in community service, fellowship, education, and outreach through various impactful programmes.
## **December 22nd, 2024 – Care Home Visit**
Members visited a care home to celebrate Christmas with residents, presenting gift items and sharing joy through Christmas carols and a love feast. The visit brought comfort, companionship, and festive cheer to the elderly.
5
## **March – Environmental Awareness Programme**
The church organised a programme titled _“Your Environment and You,”_ aimed at promoting environmental responsibility and encouraging sustainable practices within the community.
## **March – Life Insurance Awareness Talk**
An educational talk was held to highlight the importance of life insurance, focusing on financial planning and providing security for families during unforeseen circumstances.
## **April 20th, 2025 – Easter Community Celebration**
An Easter celebration was organised with neighbours around the church environment, strengthening community relationships and promoting unity and fellowship.
## **June – Community Cleanup Initiative**
Through the _Giving Back to the Community_ programme, members participated in environmental sanitation by picking up litter and helping to keep the community clean.
## **June – Health and Safety Talk**
A health awareness session was conducted to educate participants on healthy living, preventive care, and personal safety practices.
## **June – Purchase of Church Van**
The church successfully purchased a van to support transportation needs and enhance outreach and ministry activities.
## **August 29th–31st – Children’s Programme**
A three-day children’s programme was held, providing engaging activities, learning opportunities, and moral and spiritual development in a safe and supportive environment.
## **December 20th – Christmas Outreach and Banquet**
The year concluded with a Christmas outreach programme, _“Putting Smiles on Faces,”_ featuring Christmas carols and a banquet that brought joy and togetherness to members and the wider community.
Based on the foregoing, the present level of funding is sufficient to support the continued implementation of the church’s objectives and ongoing programmes. The available financial resources have enabled the church to effectively carry out its spiritual, community outreach, educational, and welfare activities throughout the year. Current funding levels provide stability for maintaining existing initiatives, meeting operational needs, and sustaining regular church services and community engagements. Consequently, the church is well positioned to continue pursuing its mission and serving both its members and the wider community while maintaining responsible financial stewardship.
6
## **Financial Reviews**
During the period, unrestricted fund of £34,205 was received in voluntary income and total unrestricted fund expended was £13,702, thus resulting in operating surplus of £20,503. Cash in bank at the end of the period was £37,392.
## **Trustees’ Responsibilities**
The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company 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 and of the net income or expenditure of the charity
for the year. In preparing these financial statements the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going-concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They 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.
The appended financial statements have been prepared on the accrual’s basis and have been examined by an independent examiner, whose report is also appended.
This report was approved by the Board of Trustees and signed on their behalf by:
## **On behalf of the charity:**
||19/03/2026|
|---|---|
|_____________________|_______________|
|Pastor Adeniran Oladipo|Date|
|Chairperson||
7
## **INDEPENDENT EXAMINER’S REPORT**
**Report to the trustees/members of:** RCCG Peculiar Treasures Assembly **On accounts for the year ended:** 31[st] December 2025, set out on pages 8 - 13 **Charity Number:** 1210417
## **Respective Responsibilities 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 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to 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 the Independent Examiner’s Report**
My 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 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 you as 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:
1. The accounts are not properly prepared in accordance with the Charities Act 2011; or
2. The accounts do not accord with the accounting records kept by the charity; or
3. The accounts fail to comply with the accounting requirements of the Charities (Accounts and Reports) Regulations 2008.
I have no concerns and have not found any matters to which attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signature: _O.A._ Date: March 10, 2026 Name: Olalekan Aladesanmi, FAIA Position: Practice Manager Company: Breakthrough Professional Services Limited Address: 1 Hendon, Road, Sunderland, SR1 2HB Mobile: 07867474330 Email: info@breakthroughprofessionalservices.co.uk
8
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDING 31[ST] DECEMBER 2025**
|**Notes**
**INCOMING RESOURCES**
Donations, Legacies and similar incoming
resources
3
Activities in furtherance of charity's object
4
**Total Incoming Resources**
**RESOURCES EXPENDED**
Grants Paid
5
Costs of activities for Charitable objectives
6
Support costs
7
Management and Governance Cost
8
**Total Resources Expended**
Net (Resources expended/Incoming Resources)
Total Funds brought forward
**Total Funds carried forward**|**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
34,205
-
34,205
-
-
-
**34,205**
**-**
**34,205**
991
-
991
8,025
-
8,025
4,336
-
4,336
350
-
350
**13,702**
**-**
**13,702**
20,503
-
20,503
24,210
-
24,210
**44,713**
**-**
**44,713**|
|---|---|
9
## **STATEMENT OF FINANCIAL POSITION**
**YEAR ENDING 31[ST] DECEMBER 2025**
|**Notes**
**Non-current Assets**
Tangible Assets
9
**Current Assets**
Cash in Bank
**Short Term Liabilities**
-Creditors (amount falling due in one year)
10
Net Current Assets
**Net Assets**
**Charity Funds**
Unrestricted
Restricted
**Total Charity Funds**
**11**|**2025**
**Total Funds**
**£**
8,171|
|---|---|
||37,392|
||37,392|
||850|
||**44,717**|
|||
||**44,713**|
||44,713
-|
||**44,713**|
The financial statements were approved by the Board of Trustees on ___________ and were signed on its behalf 19/03/2026 by:
__________________________
Pastor Adeniran Oladipo Chairperson
10
## **ACCOUNTING POLICIES**
## **1. Accounting Policy**
The fundamental accounting policies, all of which have been consistently applied throughout the year, are set out below:
## **(a) Scope and Basis of Preparation**
The financial statements of RCCG Peculiar Treasures Assembly have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **(b) Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purposes.
## **(c) Incoming Resources**
All incoming resources are accounted for when the Charity is legally entitled to the funds and the amount can be quantified with reasonable accuracy.
## **(d) Resources Expended**
All expenditure is accrued for on accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
## **(e) Cash flow**
The financial statements do not include a cash flow statement because the church, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective June 2002).
## **(f) Tangible Fixed Assets and Depreciation**
Depreciation is charged on an annual rate on a reducing balance basis in order to write off each asset over its estimated useful life.
|**Asset Category**|**Annual Rate**|
|---|---|
|Fixtures and Fittings|20% on cost|
|Equipment|20% on cost|
|Motor Vehicle|10% on cost|
## **(g) Taxation**
- 2) The charity is exempt from corporation tax on its charitable activities.
11
## **NOTES**
|**3. Donation, Legacies and Similar Incoming**
**Resources**
Tithes
Offering
Thanksgiving
Welfare
Project
Interest received
Others
**4. Activities in Furtherance of Charity Object**
Gift Aid Claim
**5. Grants Paid (Institutional and Non-**
**institutional)**
RCCG - World Evangelical Mission
RCCG - Central Office Fund
RCCG – Regional Contribution
RCCG – Zonal Contribution
RCCG – Area Contribution
RCCG Light-up Newcastle|**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
25,947
-
25,947
5,638
-
5,638
1,116
-
1,116
1,200
-
1,200
100
-
100
35
-
35
149
-
149
**34,205**
**-**
**34,205**
**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
-
-
-
**-**
**-**
**-**
**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
-
-
-
-
-
-
300
-
300
71
-
71
120
-
120
500
-
500
**991**
**-**
**991**|**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
25,947
-
25,947
5,638
-
5,638
1,116
-
1,116
1,200
-
1,200
100
-
100
35
-
35
149
-
149|
|---|---|---|
|||**34,205**
**-**
**34,205**|
||||
||||
12
|**6. Cost of Activities for Charitable Objectives**
Rent
**7. Support Costs**
Books/Postage/Stationeries
Welfare/Hospitality
Printing
Fuel
Insurance
IT expenses - Internet, Website and Telephone
Service charges
Sundry expenses
Depreciation|**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
8.025
-
8.025|
|---|---|
||**8.025**
**-**
**8.025**|
||**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
245
-
245
1,182
-
1,182
422
-
422
195
-
195
732
-
732
152
-
152
20
-
20
145
-
145
1,243
-
1,243|
||**4,336**
**-**
**4,336**|
|**8. Management and Governance Cost**
Honourarium|**2025**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
350
-
350|
|---|---|
||**350**
**-**
**350**|
13
## **9. Non-current Assets: Tangible Assets**
|**9. Non-current Assets: Tangible Assets**||
|---|---|
|**Cost**
As at 10 October 2024
Additions
**At 31 December 2025**
**Depreciation**
As at 10 October 2024
Charge for the year
**At 31 December 2025**
**Net Book Value**
**At 31 December 2025**
**10. Creditors Due Within One Year**
**11. Movements in funds**
**Unrestricted Funds**
General Funds
**Restricted Funds**
Restricted
**Total Funds**|**Fixtures**
**& Fittings**
**Equipment**
**Motor**
**Vehicle**
**Total**
**£**
**£**
**£**
**£**
-
-
-
-
176
2,837
6,400
9,414|
||**176**
**2,837**
**6,400**
**2,151**|
||-
-
-
35
567
640
1,243|
||**35**
**567**
**640**
**1,243**|
||**141**
**2,270**
**5,760**
**8,171**
**2025**
**£**
850
**At**
**10/10/2024**
**Net**
**movement**
**in funds**
**At**
**31/12/2025**
£
£
£
24,210
20,503
44,713
-
-
-
**24,210**
**20,503**
**44,713**|
14