Charity Registration Number : 1210684 Company Registration Number : ZD55491
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH)**
A COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH)**
## **CONTENTS**
FOR THE YEAR ENDED 30 JUNE 2025
|Legal and Administrative Information|........................................................................................|1|
|---|---|---|
|Trustees' Report|........................................................................................|2|
|Independent Examiner's Report|........................................................................................|3|
|Statement of Financial Activities|........................................................................................|4|
|Balance Sheet|........................................................................................|5|
|Notes to the Financial Statements|........................................................................................|6 - 7|
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH) LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 30 JUNE 2025
**Trustees** Francisca Okeya Tobechukwu Okoro- Nnaji **Charity Number** 1210684 **Company Number** ZD55491 **Registered Office** 76 ARNULF STREET London SE6 3EQ **Chairman** Francisca Okeya **Independent Examiner** SA ACCOUNTANCY PRACTICE LTD Equitable House, Suit 202 7 General Gordon Square London SE18 6FH
Page 1 of 7
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH)**
## **TRUSTEES' REPORT**
## FOR THE YEAR ENDED 30 JUNE 2025
The trustees present their annual report and financial statements for the year ended 30 June 2025.
## **Trustee's report and financial statements**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Objectives and activities**
## **Trustees**
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Francisca Okeya (Appointed On: 28/10/2024) Nkechi Grace Ijita (Appointed On: 02/01/2026) Tobechukwu Okoro- Nnaji (Appointed On: 12/05/2025)
## **Trustee's responsibilities statement**
The trustees, who are also the directors of Charity For The Redeemed Assemblies(The Blessed Church) for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (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 incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK 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 operation.
The trustees are responsible for keeping adequate 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 Companies Act 2006. 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.
This report was approved by the trustees and signed on its behalf by:
------------------------------------------------------------------------
## **Francisca Okeya,Nkechi Grace Ijita,Tobechukwu Okoro- Nnaji Chair**
Date : **11 June 2026**
Page 2 of 7
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH)**
## **INDEPENDENT EXAMINER'S REPORT**
## FOR THE YEAR ENDED 30 JUNE 2025
Independent Examiner’s Report to the Trustees of The Redeemed Assemblies(The Blessed Church)
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 30 June 2025 which consists of the statement of financial activities,balance sheet and the related notes
## **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 charity's accounts carried out under section 145 of the 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**
The charity’s gross income did not exceed £250,000 and are not required independent examination but undertook independent examination and I am qualified to undertake the examination by being a qualified member of
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
- 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.
## Name: **Mark Essandoh**
for and on behalf of **SA ACCOUNTANCY PRACTICE LTD**
Date: **31 May 2026**
Page 3 of 7
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH)**
## **STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 30 JUNE 2025
|**Recommended categories by activity**
**Notes**
**Income and endowments from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Raising funds
3
Charitable activities
4
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
4,326.52
**4,326.52**
4,232.30
1,266.23
**5,498.53**
**(1,172.01)**
**(1,172.01)**
-
**(1,172.01)**|**Total Funds 2025**
**£**
4,326.52|
|---|---|---|
|||**4,326.52**|
|||4,232.30
1,266.23|
|||**5,498.53**|
|||**(1,172.01)**|
|||**(1,172.01)**
-|
|||**(1,172.01)**|
Page 4 of 7
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH)**
## **BALANCE SHEET**
FOR THE YEAR ENDED 30 JUNE 2025
|**Recommended categories by activity**
**Notes**
Current assets
Cash at bank and in hand
6
**Total current assets**
Creditors: amounts falling due within one year
7
Net current liabilities
**Total net liabilities**
**Funds of the Charity**
Unrestricted funds
8
Restricted funds
8
Endowment funds
8
**Total funds**|**Total Funds 2025**
**£**
86.00
**86.00**
600.00
(514.00)|
|---|---|
||**(514.00)**|
||(1,172.01)
-
-|
||**(1,172.01)**|
For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on 11 June 2026 and signed on its behalf by:
## **Francisca Okeya,Nkechi Grace Ijita,Tobechukwu Okoro- Nnaji Chair**
Date : **11 June 2026**
Page 5 of 7
## **THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH)**
## **NOTES TO THE FINANCIAL STATEMENTS**
## FOR THE YEAR ENDED 30 JUNE 2025
Charity for THE REDEEMED ASSEMBLIES(THE BLESSED CHURCH) is a Charitable Company (Limited by Guarantee) in Charity Commission for England and Wales. The registered office is 76 ARNULF STREET, London, SE6 3EQ.
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Income from Donations and Legacies**
|**Analysis**
Tithes and Oferings
**Total**
**3. Expenditure on Raising Funds**
**Analysis**
Rent collection, property repairs and maintenance charges
**Total**
Support Costs
**4. Expenditure on Charitable Activities**
**Analysis**
Charity management & administration
Charity running cost
**Total**
Support Costs|**Unrestricted funds**
**£**
4,326.52
**4,326.52**
**Unrestricted funds**
**£**
4,232.30
**4,232.30**
-
**4,232.30**
**Unrestricted funds**
**£**
267.23
399.00
**666.23**
600.00
**1,266.23**|**Total funds 2025**
**£**
4,326.52|
|---|---|---|
|||**4,326.52**|
|||**Total funds 2025**
**£**
4,232.30
**4,232.30**
-|
|||**4,232.30**|
|||**Total funds 2025**
**£**
267.23
399.00
**666.23**
600.00|
|||**1,266.23**|
Page 6 of 7
## **5. Support Costs**
|**5. Support Costs**||||||
|---|---|---|---|---|---|
||||||**Total funds 2025**|
|**Analysis**|||||**£**|
|**Support Costs**||||||
|**Governance Costs**||||||
|Accountants fees|||||600.00|
||||||**600.00**|
|**6. Cash at bank and in hand**||||||
|**Analysis**|||||**Total funds 2025**|
||||||**£**|
|Cash at bank and in hand|||||86.00|
|**Total**|||||**86.00**|
|**7. Creditors: Amounts falling due within one year**||||||
|**Analysis of Creditors**|||||**Total funds 2025**|
||||||**£**|
|Trade creditors|||||600.00|
|**Total**|||||**600.00**|
|**8. Charity funds**||||||
|**8.1 Details of material funds held and movements during the CURRENT reporting period**||||||
|**Fund names**|**Fund balances**
**brought forward**||**Income**|**Expenditure**|**Fund balances**
**carried forward**|
|||**£**|**£**|**£**|**£**|
|**Unrestricted funds**||||||
|**Total**|**658.01**||**4,326.52**|**5,498.53**|**(514.00)**|
## **8.1 Details of material funds held and movements during the CURRENT reporting period**
Page 7 of 7