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2026-03-31-accounts

Charity number: SC052399

THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH TRUSTEE'S REPORT AND FINANCIAL STATEMENTS

For the year ended 31 March 2026

THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH

Contents Page For the year ended 31 March 2026

Report of the Trustees 1 to 4
Independent Examiner's Report to the Trustees 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements …… .8 to 10

THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH Report of the Trustees For the year ended 31 March 2026

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2026. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).

Governing Document

The charity is Constituted as an “Unincorporated association” and governed by its ‘Constitution’ dated 14[th] Mar 2023.

Trustee Appointments, Training of New and Old Trustees

Trustees are appointed and or co-opted under the terms of the Constitution. The induction process for a newly appointed trustee comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the Parish Pastor on the powers and responsibilities of the Trustees and the requirements of the charity commission.

Public Benefit Statement

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for public benefit. Details of how the charity has achieved these are provided in this report.

Organisational Structure and Decision Making

The Charity is organised so that the trustees meet regularly to manage its affairs. The spiritual aspect of the church is handled by the Parish Pastor and the day to day running of the charity is overseen by the Board of Trustees.

Related Party Relationship

THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH, Edinburgh, is a member of the Redeemed Christian Church of God (RCCG), a global church with parishes in over 190 countries. The relationship is governed by an “Agreement for Common Purposes” between the parish and RCCG. The referenced “Agreement for common Purposes” document is constantly monitored and recommended for updates, to take cognisance of unfolding events (policies, regulations) in the United Kingdom.

Risk Management

The trustee board performs its duty of safeguarding the charity against major risk. The board regularly reviews the charity’s structures, policies, procedures and practices.it recommends strategic and operational options and implements adequate prudent controls and preventive actions to safeguard the assets of the charity, as well as its operation.

Objectives and Global Outreach

Objectives and Activities

Our purpose as recorded in the constitution is to promote the Christian Faith and its values amongst its members and the community at large. To support our members in education and training in accordance with biblical standards. The Prevention and Relief of Poverty. To promote Wellbeing of our Members and the community at large. We achieve these by:

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH

Activities

ACHIEVEMENT AND PERFORMANCE

The Church has been engaged in various activities detailed below in pursuance of our charity and public benefit.

The Church is opened on Sundays and midweek for services to the general public and our community to build their Christian Faith as well as share fellowship to meet spiritual and emotional needs. Apart from its Church activities we also engaged in the following:

  1. Donation of clothes and welfare Support to Families

  2. Celebration of Birthday and Anniversary

Special Programmes held within the year

  1. Donation of Food.

  2. Community Christmas Carol service.

  3. Street Evangelism to the community

  4. Prayer Retreat.

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH

Report of the Trustees Continued For the year ended 31 March 2026

FINANCIAL REVIEW

THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH generated a total income of £18,328 and had a net surplus of £1,544 during the year.

Funds

Funds held by RCCG – CLOUD OF GLORY CITY PARISH are: Unrestricted General Funds that can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes.

Reserves Policy

It is the policy of RCCG – CLOUD OF GLORY CITY PARISH to maintain reserves at a level sufficient to meet

planned expenditure requirements for the next year.

Reserves are continuing to accumulate and reflect the capital value of the assets held.

PLANS FOR FUTURE PERIODS

It is the intention of the trustees to continue to promote the Christian Faith and its values amongst church members and the community at large throughout Scotland.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is controlled by its governing document, a constitution and is an unincorporated association.

Risk management

The trustees have assessed the major risks to which the charity is exposed, in particular those relating to the specific operational areas of the charity and its finances. The trustees have established systems to mitigate these risks through monitoring of reserve levels; ensuring control exists over key financial systems and by examining the operational and business risks faced by the charity.

The day-to-day operations of RCCG – CLOUD OF GLORY CITY PARISH are overseen by Pastor Adewuyi Femi Moses, with various teams in place to manage specific areas.

Recruitment and appointment of trustees

Trustees are selected from Christians of any denomination and are appointed by the agreement of existing trustees. Induction and training of new trustees

The Trustees have confidence in the experience and ability of the trustees to administer the activities of the charity. Induction and training will be considered on an ongoing basis, particularly in the event of a new trustee being appointed.

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH

Report of the Trustees Continued For the year ended 31 March 2026

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity RCCG – CLOUD OF GLORY CITY PARISH Charity registration number SC052399 Principal address 23 Redhall Place Edinburgh Eh14 2DL GENERAL OVERSEER Pastor E.A Adeboye

GENERAL OVERSEER

Trustees

The trustees and officers serving during the year and since the year end were as follows:

BANKERS

Adewuyi Femi Moses Maru Gbemileke Ojo Ruth Oye Toyosi BANK OF SCOTLAND

Independent examiner

AACSL Accountants Limited 1st Floor North Westgate House Harlow Essex CM20 1YS

Approved by the Board of Trustees and signed on its behalf by:

PASTOR ADEWUYI FEMI MOSES on behalf of the trust. Pastor-In-Charge 19 June, 2026.

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH

Independent Examiners Report to the Trustees For the year ended 31 March 2026

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2026.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 ('the 2005 Act’) and the Charities and Accounts (Scotland) Regulations 2006 (as amended). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination.

I report in respect of my examination of the Charity’s accounts as carried out under section 44 (1)(c) of the 2005 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended).

Independent examiners statement - matter of concern identified

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Charity as required by section 44(1)(a) of the 2005 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended); or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended) 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.

Since the Charity's has prepared its accounts on an accruals basis and is also registered in Scotland, your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I confirm that I am qualified to undertake the examination by virtue of my membership of, which is one of the listed bodies.

Dr. Rasheed Saliu (FCCA, FFTA, FFA, FCA, PHD) AACSL Accountants Limited 1st Floor North Westgate House Harlow Essex CM20 1YS

19[th] June 2026

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH

Statement of Financial Activities For the year ended 31 March 2026

THE REDEEMED CHRISTIAN CHURCH OF GOD - CLOUD OF GLORY CITY PARISH

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) YEAR ENDED 31 MARCH 2026

Notes
INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
2
Offering and Tithe
Membership Donation Partnership
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Cost of Generating Funds
4a
Charitable activities
4b
Governance
5
TOTAL RESOURCES EXPENDED
Net income/(outgoing) resources
Total funds brought forward
Total funds carried forward
Un-restricted
Funds
2026
£
17,991
337
Restricted
Funds
2026
£
-
-
-
-
-
-
-
-
-
-
Total Funds
2026
£
17,991
337
18,328
13,012
3,591
180
16,783
1,544
6,647
8,192
Total Funds
2025
£
10,875
180
18,328 11,055
13,012
3,591
180
853
5,513
180
16,783 6,546
1,544
6,647
4,510
2,138
8,192 6,647

All incoming resources are derived from continuing operations. The charity has no other gains or losses other than those recognised in the Statement of Financial Activities.

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RCCG - CLOUD OF GLORY CITY PARISH Statement of Financial Position As at 31 March 2026

THE REDEEMED CHRISTIAN CHURCH OF GOD - CLOUD OF GLORY CITY PARISH BALANCE SHEET AS AT 31 MARCH 2026

2026
Total
Notes
£
£
CURRENT ASSETS
Cash at bank and in hand
6
8,442
8,442
Current Liabilities
Creditors: amounts falling due within one year
7
(250)
Net Current assets/(Liabilities)
8,192
TOTAL ASSETS LESS CURRENT LIABILITIES
8,192
FINANCED BY:
Unrestricted funds
8,192
Restricted Funds
-
TOTAL FUNDS
8,192
2025
Total
£
6,897
6,897
(250)
6,647
6,647
6,647
-
6,647

For the year ending 31 March 2026, the Charity was entitled to exemption from audit under section 477(2) of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibility for complying with the requirement of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The Accounts was approved by the Board of Trustees and signed on behalf of the Board by:

PASTOR ADEWUYI FEMI MOSES

Pastor-In-Charge 19 June, 2026

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH Notes to the Financial Statements

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

RCCG – CLOUD OF GLORY CITY PARISH meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognized at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund are set out in Note 2. Investment income and gains are allocated to the appropriate fund.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The grant income where related to performance and specific deliverables are accounted for as the Charity earns the right to consideration by its performance. Where income is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income being received, the income is accrued.

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Premises overheads have been allocated on a floor basis and other overheads have been allocated on the basis of the head count.

Community project costs are those costs incurred directly in support of the objects of the Charity. The community project cost includes other support costs incurred in support of the objects of the Charity. Governance costs are those incurred in connection with governance arrangement of the Charity, which relate to the general running of the Charity and compliance with constitutional and statutory requirements. The basis of allocation for support costs and governance costs has been explained in Note 3.

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH Notes to the Financial Statements

THE REDEEMED CHRISTIAN CHURCH OF GOD - CLOUD OF GLORY CITY PARISH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026

2 Incoming Resources - General Donations

3
4a
Offering and Tithe
Membership Donation Partnership
Resources Expended - Activities
Cost of Generating Funds
Event & Entertainment
Unrestricted
Funds
£
17,991
337
-
Restricted
Funds
£
-
-
2026
Total
Funds
£
17,991
337
2025
Total
Funds
£
10,875
180
11,055
2025
Total
Funds
£
699
18,328 - 18,328
Unrestricted
Funds
£
11,982
Restricted
Funds
£
-
2026
Total
Funds
£
11,982
Membership and Workers Training
Equipment
Printing & stationery
Telephone, internet & postage
78.00
319.04
276.38
357.48
-
-
-
-
78
319
276
357
42
-
112
-
4b Charitable activities 13,012 13,012 853
Mission Rent 3,591.00 - 3,591 3,335
Member's Expense - - 2,102
Evangelism and World Mission - - 76
5 Resources Expended – Governance 3,591 - 3,591 5,513
2025
Total
Funds
£
Unrestricted
Funds
£
Restricted
Funds
£
2026
Total
Funds
£
Accountancy 180.00 - 180 180
Other professional fees 180 - -
180
-
180
-

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THE REDEEMED CHRISTIAN CHURCH OF GOD- CLOUD OF GLORY CITY PARISH

Notes to the Financial Statements

6 Cash at bank and in hand 2026 2025
£ £
Cash at bank
Cash at hand 8,442 6,897
8,442 6,897
7 Creditors: Short and Long term
2026 2025
This is made up as follows: £ £
Other creditors - falling due within one year 250 250
250 250
8 Movement in funds
Opening Incoming Resources
balance resources expended
£ £ £
Unrestricted funds
Charity's fund 6,647 18,328 (16,783)
6,647 18,328 (16,783)
Restricted funds
Grants - - -
- - -
9 Analysis of net assets by fund 2026
Unrestricted Restricted Total
Funds Funds Funds
£ £ £
Cash at bank and in hand 8,442 - 8,442
Other net assets (liabilities) - 250
- - 250
8,192 - 8,192

10 TRUSTEES REMUNERATION

The Trustees did not receive any emoluments and no out of pocket expenses were paid during the year (2025-26: £nil)

The ultimate controlling parties are the Trustees as stated on page 2.

13. TAXATION

RCCG - CLOUD OF GLORY CITY PARISH is a registered charity and is thus exempt from taxation of its income and gains falling within Section 505 of the Income and Corporation Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its charitable objectives. No tax charge has arisen in the year.

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