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REDEEMED CHRISTIAN CHURCH OF GOD HRMH ELTHAM

Registered charity 1102624 · accounts filings on the Charity Commission register

WORSHIP SERVICES. COMMUNITY PROJECTS ESPECIALLY INVOLVING TEENAGERS AND THE YOUTH. RELIEF OF POVERTY AND GRANTS TO OTHER CHARITABLE/VOLUNTARY ORGANISATIONS.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£97k
Latest spending
£111k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £13,904 for the year ended 31 December 2024, following a 27% decrease in total donations. The trustees note that free reserves are below their policy target of four months' operating expenditure, attributing this to the exclusion of fully paid-up fixed assets from the free reserves definition. Despite the deficit, the charity holds unrestricted funds of £305,685 and tangible fixed assets valued at £249,400.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £306k; policy: four months’ operating expenditure)
“the current working capital cover is well below their policy of holding free resources sufficient to fund four months of ongoing unrestricted expenditure” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The minister in charge is a connected person to one of the members of the trustees. The relevant trustee was not involved in any way in the proposal, discussions or approval of any allowance payable or paid to the minister in charge.
“The minister in charge is a connected person to one of the members of the trustees. The relevant trustee was not involved in any way in the proposal, discussions or approval of any allowance payable or paid to the minister in charge.” — page 13
“With the agreement of common purpose, contributions were made as follows: £1,200 (2023:£1,200) to the Central office and the Festival of Life £15,110 (2023: £14,247) to the World Evangelical Mission (WEM).” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Contributions made to Central office and World Evangelical Mission (WEM) under agreement of common purpose.
“The minister in charge is a connected person to one of the members of the trustees. The relevant trustee was not involved in any way in the proposal, discussions or approval of any allowance payable or paid to the minister in charge.” — page 13
“With the agreement of common purpose, contributions were made as follows: £1,200 (2023:£1,200) to the Central office and the Festival of Life £15,110 (2023: £14,247) to the World Evangelical Mission (WEM).” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Bexley · Bromley · Kent

Income and spending

Financial year endIncomeSpending
31/12/2024£97k£111k
31/12/2023£134k£114k
31/12/2022£105k£107k
31/12/2021£110k£100k
31/12/2020£69k£80k

Common questions

Is REDEEMED CHRISTIAN CHURCH OF GOD HRMH ELTHAM financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £13,904 for the year ended 31 December 2024, following a 27% decrease in total donations. The trustees note that free reserves are below their policy target of four months' operating expenditure, attributing this to the exclusion of fully paid-up fixed assets from the free reserves definition. Despite the deficit, the charity holds unrestricted funds of £305,685 and tangible fixed assets valued at £249,400. Its FY2024 accounts were independently examined.