REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY ASSEMBLY
The advancement of the Christian faith worldwide in accordance with the doctrines set out in the statement of faith companies in the schedule. The relief of poverty. Committed to building people and changing lives for good.
Objects
1. THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE 2. THE RELIEF OF POVERTY
Financial health, per its FY2025 accounts
The charity reported a net income of £67,746 for the year ended 31 January 2025, resulting in total funds of £312,347. The trustees maintain a reserve policy targeting a minimum of one month's outgoings, and unrestricted reserves of £117,146 significantly exceed this threshold. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The trustees have agreed that the level of unrestricted reserve should be a minimum of one month's outgoings, which should include the monthly payment for the church property's lease.” — page 4
“The charity is a parish of The Redeemed Christian Church of God (RCCG) which has parishes all over the world. The charity's relationship with other RCCG parishes is governed by an Agreement for Common Purposes’.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- PROF ADEWALE ADEBAJO FRCPchair
- Pastor Olumide Isaac Aleshinloye
- STELLA OVIASU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £396k | £328k |
| 31/01/2024 | £427k | £354k |
| 31/01/2023 | £325k | £329k |
| 31/01/2022 | £292k | £254k |
| 31/01/2021 | £290k | £244k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY ASSEMBLY financially healthy?
Per its FY2025 accounts: The charity reported a net income of £67,746 for the year ended 31 January 2025, resulting in total funds of £312,347. The trustees maintain a reserve policy targeting a minimum of one month's outgoings, and unrestricted reserves of £117,146 significantly exceed this threshold. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 11/12/2020 | £10k | Support for black individuals adversely affected by COVID-19 |