REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY CENTRE
This charity has been established to be a blessing, primarily a christian organisation, will aim to propagate the Christian faith. It also aims at positively impacting humanity worldwide.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £71,723 for the year ended 31 December 2025, resulting in a decrease in total unrestricted funds from £599,453 to £527,730. The trustees have established a reserves policy targeting three months of annual expenditure, but the document does not explicitly state the annual expenditure figure required to calculate if the current free reserves of £133,377 meet this target. Per the trustees' report, the charity is dependent on voluntary donations and has taken measures to reduce costs to address the deficit.
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 9
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 17
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Trustees
- AFOLARIN AYODEJI JIMOHchair
- MICHAEL OLUSEGUN KOLAWOYE OLADAPO
- MRS TITILAYO OLADUNNI ADELAJA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £338k | £410k |
| 31/12/2024 | £333k | £346k |
| 31/12/2023 | £327k | £331k |
| 31/12/2022 | £302k | £320k |
| 31/12/2021 | £269k | £255k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £71,723 for the year ended 31 December 2025, resulting in a decrease in total unrestricted funds from £599,453 to £527,730. The trustees have established a reserves policy targeting three months of annual expenditure, but the document does not explicitly state the annual expenditure figure required to calculate if the current free reserves of £133,377 meet this target. Per the trustees' report, the charity is dependent on voluntary donations and has taken measures to reduce costs to address the deficit. Its FY2025 accounts were independently examined.
Charities like this
- REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING FAITH CONNECTIONS
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY
- REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") MAJESTY COURT
- THE REDEEMED CHRISTIAN CHURCH OF GOD ARK OF GOD PARISH
- THE REDEEMED CHRISTIAN CHURCH OF GOD IMPACT CENTRE
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY HOUSE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY CENTRE | £338k | — | — | unclear | — | noted |
| REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING FAITH CONNECTIONS | £127k | £33,400 | 0 | below | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY | £141k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") MAJESTY COURT | £217k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD ARK OF GOD PARISH | £102k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD IMPACT CENTRE | £107k | — | 0 | unclear | — | no doubt |