REDEEMED CHRISTIAN CHURCH OF GOD OVERCOMERS ASSEMBLY
To seek the advancement of the Christian religion in accordance with the teachings of the Redeemed Christian Church of God, and to educate people in the Word of God. To teach the knowledge of Jesus Christ all over the Deptford, Lewisham Council and beyond.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net outgoing resource of £2,406 in the unrestricted fund, resulting in a total deficit of £4,058 carried forward. The trustees maintain a reserves policy target of three months of annual expenditure to ensure continuity of activities. The financial statements were subject to an independent examination rather than a full audit.
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 3
Trustees
- SAMUEL OLADELE BAKAREchair
- Olufemi Olukayode Adebajo
- PASTOR PATIENCE SAMBO
- Pastor Gbenga Bode Babatunde
- SAMUEL EGEGE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £42k | £45k |
| 31/12/2023 | £87k | £48k |
| 31/12/2022 | £39k | £27k |
| 31/12/2021 | £27k | £27k |
| 31/12/2020 | £33k | £74k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD OVERCOMERS ASSEMBLY financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net outgoing resource of £2,406 in the unrestricted fund, resulting in a total deficit of £4,058 carried forward. The trustees maintain a reserves policy target of three months of annual expenditure to ensure continuity of activities. The financial statements were subject to an independent examination rather than a full audit. Its FY2024 accounts were independently examined.