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REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') STRONG TOWER PARISH

Registered charity 1084588 · accounts filings on the Charity Commission register · also known as RCCG - STRONG TOWER PARISH

Latest income
£284k
Latest spending
£251k
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a total income of £284,118 and an operating surplus of £33,510 for the year ended 31 December 2024. Per the trustees' report, unrestricted reserves stood at £257,517, which is significantly above the stated policy target of £20,000 to £40,000. The charity holds bank loans and vehicle finance liabilities but maintains positive net assets of £291,027.

What the accounts disclose

Reserves policy: three to six months of resources expended (roughly £20,000 to £40,000) (held: £258k)
“The trustees' policy is to have unrestricted and uncommitted funds (free reserves) to cover 3 to 6 months of resources expended which equals to roughly £20,000 to £40,000 in general funds.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations and contributions to other RCCG and charitable organisations.
“During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 3 under Central Office and Charitable Giving.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Manchester City

Income and spending

Financial year endIncomeSpending
31/12/2024£284k£251k
31/12/2023£233k£199k
31/12/2022£209k£178k
31/12/2021£181k£163k
31/12/2020£154k£113k

Common questions

Is REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') STRONG TOWER PARISH financially healthy?

The accounts state that the charity reported a total income of £284,118 and an operating surplus of £33,510 for the year ended 31 December 2024. Per the trustees' report, unrestricted reserves stood at £257,517, which is significantly above the stated policy target of £20,000 to £40,000. The charity holds bank loans and vehicle finance liabilities but maintains positive net assets of £291,027. Its FY2024 accounts were independently examined.

Charities like this

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