VICTORIOUS PARISH, MANCHESTER Charity Registration No 1211131
the year ended 30th June, 2025
The Redeemed Christian Church of God-Victorious Parish, Manchester
Contents
Reference and administrative details for the year ended 30th June 2025 ........................................ 1 Trustees’ Report for The Year Ended 30th June 2025 ........................................................................ 3 Trustees’ Report Cont’d. ..................................................................................................................... 4 Statement of Financial Activities for the year ended 30th June, 2025 ............................................... 5 Balance Sheet as at 30th June, 2025 .................................................................................................. 6 Notes to the Accounts ........................................................................................................................ 7 Notes to the accounts cont’d. ............................................................................................................. 8 Notes to the accounts cont’d .............................................................................................................. 9
Reference and administrative details for the year ended 30th June 2025
RCCG-Victorious Parish, Manchester: Reports for the year ended 30th June, 2025 | 1
The Redeemed Christian Church of God-Victorious Parish, Manchester
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES
AND ADVISERS FOR THE YEAR ENDING 30th June, 2025
GENERAL OVERSEER Pastor E.A Adeboye Trustees Pastor Adebayo Olabisi (Chair) Pastor Isaaki Adewole Pastor Ayo George
Pastor (Mrs) Olubunmi Adebowale (Ex Official).
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Charity Registration Number 1211131
Principal Office 88, Captain Fold Road
Little Hulton
Manchester
M38 9TE
Pastor In Charge Pastor (Mrs) Olubunmi ADEBOWALE
Bankers Cooperative Bank
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The Redeemed Christian Church of God-Victorious Parish, Manchester
Trustees’ Report for The Year Ended 30th June 2025
The Trustees submit their annual report and the Financial Statements of The Redeemed Christian Church of God (RCCG) Victorious Parish, Manchester (The Charity) for the Year ended 30th June, 2025.The Trustees confirm that the Annual Report and the Financial Statements of the Charity comply with the current statutory requirements of the Charity’s governing documents and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005
STATUS: The Charity was registered as a CIO with the Charity Commission England and Wales with Charity number 1211131 on the 26[th] of November, 2024.
APPOINTMENT OR ELECTION OF TRUSTEES: Trustees are elected and or appointed under the terms of the Charity’s constitution.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEES
The induction process for a newly appointed member of the Board of Trustees comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the Pastor in Charge on the powers and responsibilities of the Trustees.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The Charity is organised so that the Trustees meet regularly to manage its affairs. The Pastor In Charge- Pastor (Mrs) Olubunmi Adebowale manages the day-to-day administration of the Charity on a voluntary basis.
RELATED PARTY RELATIONSHIPS: RCCG – Victorious Parish, Manchester is a Parish of the Redeemed Christian Church of God which has parishes all over the world. The Parish’s relationship with other Parishes is governed by an “Agreement of Common Purpose”.
RISK MANAGEMENT
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to operations and finances of the Charity, and are satisfied the systems are in place to mitigate our exposures to the major risks
OBJECTS AND ACTIVITIES
The principal object is the advancement of the Christian faith worldwide, and to promote any charitable activity for the benefit of the local people through:
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Running seminars in the Church with proven ministers of the faith to guide members in the various aspects of Christian faith;
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Support for other Charities and Christian events.
The activities for achieving its objectives include: Community outreach events
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Conferences and events
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Welfare support to members and general public, and
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Various missionary activities
FUNDING AND GRANT MAKING POLICY: The principal source of funding to the Charity is Donations complimented by Gift Aids. The Charity also give out grants and support in line with its objectives.
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The Redeemed Christian Church of God-Victorious Parish, Manchester
Trustees’ Report Cont’d.
VOLUNTEERS: The Charity’s activities are carried out by volunteers who provided services in different capacities. It is estimated that over 1,872 hours were provided by volunteers during the year. If this is conservatively valued at £10.42 per hour, the volunteers’ effort will amount to £19,506.
REVIEW OF ACTIVITIES: Trustees record their appreciation to all donors who supported the Charity to the tune of £16,799 during the period under review. The Trustees are satisfied with the success of the Charity in meeting its objectives during this period; and are optimistic that it will continue to do so.
INVESTMENTS: There were no investments during the period.
STATEMENTS OF TRUSTEES’ RESPONSIBILITIES
The Trustees are responsible for preparing the Annual Report and Financial Statements in accordance with applicable laws and regulations.
Charity law requires the Trustees to prepare Financial Statements for each Financial Year. Under that law the Trustees have elected to prepare the Financial Statements in accordance with the United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The Financial Statements are required to give a true and fair view of the state of affairs of the charity for that period. In preparing these financial statements, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently:
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Make judgement and estimates that are reasonable and prudent:
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The Trustees recognise their responsibilities to keep 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 company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.
Approved by the Trustees on 5[th] March, 2026 and signed on their behalf by:
Pastor Adebayo Olabisi
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The Redeemed Christian Church of God-Victorious Parish, Manchester
Statement of Financial Activities for the year ended 30th June, 2025
| Notes Incoming Resources: Voluntary Donations 2 Total Resources Expended Charitable Expenditure Grants Payable-Institutional 3 Cost of Activities in furtherance of Charity's objects 4 Total Resources Expended Net Incoming/(Outgoing) Resources Total Funds at the Beginning of the Year Balance at the end of the Year |
2025 £ 16,799 16,799 1,356 8,941 10,297 6,502 0 6,502 |
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The Redeemed Christian Church of God-Victorious Parish, Manchester
Balance Sheet as at 30th June, 2025
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Notes 2025
Fixed Assets: £
Tangible Assets 5 3,600
Current Assets:
Bank and Cash Balances 6 3,262
Total Assets 6,862
Liabilities:
Amont Due within 1 Year 7 360
Net Assets 6,502
Charity Funds:
General Unrestricted 6,502
Total Funds 6,502
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The Accounts have been prepared in accordance with special provision of Statement of Recommended Practice: Accounting and reporting by Charities (SORP) issued in March 2007 as modified for smaller Charities
Approved by the Trustees on: 5[th] March, 2026
and Signed on their behalf by:
Pastor Adebayo Olabisi
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The Redeemed Christian Church of God-Victorious Parish, Manchester
Notes to the Accounts
Note 1 Accounting Policies
a
The Accounts have been prepared under the Historical Cost Convention in accordance with applicable Accounting Standards. They follow Best Practices as stated out in the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued in March, 2007 as modified for small Charities.
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Statement of Recommended Practice: Accounting and
Reporting by Charities (SORP) issued in March, 2007 as
modified for small Charities.
b) Income and Expenditures are recorded Cash Basis.
c) Fixed Assets: Motor Vehicle stated at Cost less Depreciation.
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- b) Income and Expenditures are recorded Cash Basis.
d) Depreciation is provided at rates calculated to write off the cost of the assets (less expected disposal value) over expected useful lives. The following rates will apply: Motor Vehicles -20% Computer and Office Equipment: -25% Musical Equipment -25% Furniture & Fittings -25% Note 2 Donations, Legacies and Similar Incoming Resources 2025 £ Collection at Services 16,799
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The Redeemed Christian Church of God-Victorious Parish, Manchester
Notes to the accounts cont’d.
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2025
£
Note 3 Grants Payable-Institutional
World Evangelical Mission (WEM) 1,131
Central Office Funding 225
1,356
Note 4 Cost of Activities in Furtherance of Charity Objects
Hospitality & Refreshment 98
Honorarium 50
Rent, rates and Licences 3,076
Welfare Expenses 750
Transport & Fuel 1,125
Insurance 1,110
Vehicle repairs & Maintenance 945
Legal & Professional fees 780
Printing & Stationery 208
Depreciation 400
Training & Development 400
8,941
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The Redeemed Christian Church of God-Victorious Parish, Manchester
Notes to the accounts cont’d
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Motor Computer Total
Vehicles and Other
Note 5 Fixed Assets Equipment
£ £ £
Cost
At 1st July, 2024 0
Additions 4,000 4,000
Disposals 0
At 30th June, 2025 4,000 0 4,000
Depreciation 0
At 1st July, 2024 0
Charged for the year 400 400
Eliminated on Disposal 0
At 30th June, 2025 400 0 400
0
Net Book Value 0
At 1st July, 2024 4,000 0 4,000
0
At 30th June, 2025 3,600 0 3,600
Note 6 Bank Balances £
Cooperative Bank 3,262
3,262
Note 7 Creditors & Accruals
Professional fees 360
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