REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") BETHEL PARISH
Advancement of Christian Faith worldwide and relief of poverty
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £78,935 at the end of the financial year, representing a surplus of £13,490 for the period. The trustees report that the charity is in good financial shape due to effective cost control and have no stated reserves policy target beyond a minimum of £1,000. The independent examiner confirmed that no matters came to their attention requiring further understanding of the accounts.
What the accounts disclose
“a minimum of £1,000 is to serve as the Charity's reserve.”
Trustees
- ANDERSON OMORAWAchair
- BOLANLE SUNMONU
- Dr MOTUNRAYO OLUTOYIN OLASOJI
- RASHEED ABAYOMI AMUNIKORO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £64k | £51k |
| 31/12/2023 | £75k | £51k |
| 31/12/2022 | £34k | £41k |
| 31/12/2021 | £56k | £59k |
| 31/12/2020 | £57k | £63k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") BETHEL PARISH financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £78,935 at the end of the financial year, representing a surplus of £13,490 for the period. The trustees report that the charity is in good financial shape due to effective cost control and have no stated reserves policy target beyond a minimum of £1,000. The independent examiner confirmed that no matters came to their attention requiring further understanding of the accounts. Its FY2024 accounts were independently examined.