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REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY HOUSE

Registered charity 1084586 · accounts filings on the Charity Commission register · also known as RCCG - VICTORY HOUSE

The principal activities of the charity are christian worship, christian outreach programmes to increase awareness and to spread the gospel of our Lord Jesus Christ and the development of the whole man mentally and physically.

Objects

1. THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE 2. THE RELIEF OF POVERTY.

Area of benefit: WORLDWIDE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income
£1.3m
Latest spending
£1.3m
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity has unrestricted reserves of £1,453,555, which are above its stated policy target of £312,000 (three months of operating expenditure). However, the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern, citing a significant mortgage burden exacerbated by rising interest rates and reliance on donations.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £110,001 - £120,000 — in the top quarter for charities its size (median £70k)
“In the band £110,001 - £120,000 1”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months operating expenditures (held: £1.5m)
“There has been no change in our policy, which is, to hold reserves equivalent to three months operating expenditures which currently equates to £312k” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“We draw attention to note 2.2 in the financial statements, which indicates that the charity's ability to continue as a going concern is subject to material uncertainty.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The church has provided a moratorium rent free space to Victory House Children's Centre, an evangelism arm of the church, until the end of this financial year.
“Victory House Children Centre The church has provided a moratorium rent free space to Victory House Children's Centre, an evangelism arm of the church, until the end of this financial year.”
“During the year, the charity paid salaries totalling £93,600 (2023: £70,422) to employees related to senior pastor.” — page 38
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Salaries paid to employees related to senior pastor.
“Victory House Children Centre The church has provided a moratorium rent free space to Victory House Children's Centre, an evangelism arm of the church, until the end of this financial year.”
“During the year, the charity paid salaries totalling £93,600 (2023: £70,422) to employees related to senior pastor.” — page 38
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Accendo Consulting Ltd. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.3m
Total spending
£1.3m
Cost of raising funds
£16k
Reserves (reported)
£1.5m
Employees
11

Reported reserves equal ~13.4 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Southwark

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.3m
31/12/2023£1.6m£1.1m
31/12/2022£1.0m£938k
31/12/2021£875k£843k
31/12/2020£899k£1.0m

Common questions

Is REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY HOUSE financially healthy?

Per its FY2024 accounts: The accounts state that the charity has unrestricted reserves of £1,453,555, which are above its stated policy target of £312,000 (three months of operating expenditure). However, the auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern, citing a significant mortgage burden exacerbated by rising interest rates and reliance on donations. Its FY2024 accounts were audited by Accendo Consulting Ltd.

What does the highest-paid employee of REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY HOUSE earn?

Per its FY2024 accounts, the highest-paid employee was in the £110,001 - £120,000 band.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund22/10/2020£10kWar Against Isolation and Loneliness (WAIL)

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") MAJESTY COURT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY HOUSE£1.3m£110,001 - £120,000—unclear—material uncertainty
REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") MAJESTY COURT FY2025£217k—0unclear—no doubt
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) CITY OF PRAISE FY2025£213k—0unclear—no doubt
REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) OVERCOMERS' HOUSE FY2025£415k—0above—no doubt
REDEEMED CHRISTIAN CHURCH OF GOD VICTORY @ READING FY2025£165k—0unclear—no doubt
THE REDEEMED CHRISTIAN CHURCH OF GOD, OVERCOMERS HOUSE, PLYMOUTH FY2025£117k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.