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REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') ROYAL CONNECTIONS

Registered charity 1084771 · accounts filings on the Charity Commission register · also known as RCCG - ROYAL CONNECTIONS, REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') ROYAL CONNECTIONS NETWORK

Latest income
£1.2m
Latest spending
£1.1m
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds totalled £3,769,604, with free reserves of £534,540 falling below the trustees' stated policy target of three months of annual expenditure. The charity reported a net surplus of £238,970 for the year, driven by significant investment income, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £140,001 - £150,000 — above the 90th percentile for charities its size (median £76k)
“In the band £140,001 - £150,000” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The trustees recognise that the current level of free reserve does not reach the above target” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Included in other debtors (note 13) is £5,359 owed by Pastor Oludoyi, a trustee.
“Included in other debtors (note 13) is £5,359 owed by Pastor Oludoyi, a trustee.” — page 42
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Stephen Michael Associates.

Year-over-year changes

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

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.

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

Total income
£1.2m
Total spending
£1.1m
Reserves (reported)
£535k
Employees
7

Reported reserves equal ~5.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Hackney · Newham · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/12/2024£1.2m£1.1m
31/12/2023£1.3m£1.1m
31/12/2022£1.2m£995k
31/12/2021£1.1m£1.5m
31/12/2020£1.2m£1.5m

Common questions

Is REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') ROYAL CONNECTIONS financially healthy?

The accounts state that unrestricted funds totalled £3,769,604, with free reserves of £534,540 falling below the trustees' stated policy target of three months of annual expenditure. The charity reported a net surplus of £238,970 for the year, driven by significant investment income, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Stephen Michael Associates.

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

Per its FY2024 accounts, the highest-paid employee was in the £140,001 - £150,000 band.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE REDEEMED CHRISTIAN CHURCH OF GOD - PRAISE CITY.