# 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<br>Principal Office                 88, Captain Fold Road<br>Little Hulton<br>Manchester<br> M38 9TE<br>Pastor In Charge                               Pastor (Mrs) Olubunmi ADEBOWALE<br>Bankers   Cooperative Bank<br>**----- End of picture text -----**<br>



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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: 


- Running seminars in the Church with proven ministers of the faith to guide members in the various aspects of Christian faith; 

- Support for other Charities and Christian events. 

The activities for achieving its objectives include: Community outreach events 

- Conferences and events 

- Welfare support to members and general public, and 

- 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: 

- Select suitable accounting policies and then apply them consistently: 

- Make judgement and estimates that are reasonable and prudent: 

- 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**<br>**Incoming Resources:**<br>Voluntary Donations<br>2<br>Total<br>**Resources Expended**<br>Charitable Expenditure<br>Grants Payable-Institutional<br>3<br>Cost of Activities in furtherance of Charity's objects<br>4<br>Total Resources Expended<br>Net Incoming/(Outgoing) Resources<br>Total Funds at the Beginning of the Year<br>**Balance at the end of the Year**|**2025**<br>**£**<br>16,799<br>**16,799**<br>1,356<br>8,941<br>**10,297**<br>6,502<br>0<br>**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<br>Fixed Assets:         £<br>Tangible Assets  5          3,600<br>Current Assets:<br>Bank and Cash Balances  6          3,262<br>Total Assets          6,862<br>Liabilities:<br>Amont Due  within 1 Year  7             360<br>Net Assets          6,502<br>Charity Funds:<br>General Unrestricted          6,502<br>Total Funds          6,502<br>**----- End of picture text -----**<br>


**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<br>Reporting by Charities (SORP) issued in March, 2007 as<br>modified for small Charities.<br>b) Income and Expenditures are recorded Cash Basis.<br>c) Fixed Assets: Motor Vehicle stated at Cost less Depreciation.<br>**----- End of picture text -----**<br>


- 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<br>          £<br>Note 3  Grants Payable-Institutional<br>World Evangelical Mission (WEM)      1,131<br>Central Office Funding         225<br>    1,356<br>Note 4  Cost of Activities in Furtherance of Charity Objects<br>Hospitality & Refreshment             98<br>Honorarium             50<br>Rent, rates and Licences        3,076<br>Welfare Expenses           750<br>Transport & Fuel        1,125<br>Insurance        1,110<br>Vehicle repairs & Maintenance           945<br>Legal & Professional fees           780<br>Printing & Stationery           208<br>Depreciation           400<br>Training & Development           400<br>      8,941<br>**----- End of picture text -----**<br>


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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<br>Vehicles  and Other<br>Note 5  Fixed Assets  Equipment<br>£  £  £<br>Cost<br>At 1st July, 2024  0<br>Additions  4,000  4,000<br>Disposals  0<br>At 30th June, 2025  4,000  0  4,000<br>Depreciation  0<br>At 1st July, 2024  0<br>Charged for the year  400  400<br>Eliminated on Disposal  0<br>At 30th June, 2025  400  0    400<br>0<br>Net Book Value  0<br>At 1st July, 2024  4,000  0  4,000<br>0<br>At 30th June, 2025  3,600  0  3,600<br>Note 6  Bank Balances                £<br>Cooperative Bank          3,262<br>        3,262<br>Note 7  Creditors & Accruals<br>Professional fees  360<br>**----- End of picture text -----**<br>



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