REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") MAJESTY COURT
Financial health, per its FY2025 accounts
The accounts state that unrestricted net assets increased to £79,846 from £62,758 in the prior year, with no restricted or endowment funds held. The trustees maintain a reserves policy target of three months of annual expenditure, and the current unrestricted funds exceed this threshold, indicating adequate financial resources to continue operations.
What the accounts disclose
“The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure.” — page 4
Trustees
- AYODELE BABATUNDE EMMANUELchair
- ABI AJIBOLA
- ADERONKE IDOWU-MOSURO
- MR KOLADE SIYANBOLA
- Matthew Olukayode Oladejo
- NOAH SHOYOYE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £217k | £199k |
| 31/03/2024 | £224k | £204k |
| 31/03/2023 | £192k | £173k |
| 31/03/2022 | £154k | £183k |
| 31/03/2021 | £209k | £167k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") MAJESTY COURT financially healthy?
The accounts state that unrestricted net assets increased to £79,846 from £62,758 in the prior year, with no restricted or endowment funds held. The trustees maintain a reserves policy target of three months of annual expenditure, and the current unrestricted funds exceed this threshold, indicating adequate financial resources to continue operations. Its FY2025 accounts were independently examined.
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