Charity Accounts Intelreading the accounts so you don’t have to

THE REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE CENTRE (HOUSE OF PRAISE)

Registered charity 1103974 · accounts filings on the Charity Commission register

Providing counselling advice to couples,Provide activities to young people to avoid anti social behaviour, provide community legal advice, helping the homeless and providing meals for the less priviledgedprovide parenting seminars and advice, welfare to the underpriviledged, providing help to street children in Africa.

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Accommodation/housing · Religious Activities · website · Get email alerts

Latest income
£46k
Latest spending
£54k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with total net liabilities of £19,486, a deterioration from the previous year's £11,860. The trustees report that free unrestricted funds have been converted into an emergency fund, and the charity maintains a going concern basis due to adequate resources for the foreseeable future.

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

What the accounts disclose

Largest income source: Tithes and Offering (100% of income)
“Tithes and Offering 46,397”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: emergency fund to meet obligations in event of shortfall in income or sudden upturn in expenditure (held: £-19k)
“The trustees have reviewed its free reserve policy and have turned its entire free unrestricted fund into an emergency fund to enable RCCG (House of Praise) to meet its obligations in event of a shortfall in income or sudden upturn in expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Annual contribution to RCCG (UK) under Common Purposes Agreement.
“Under the Common Purposes Agreement, the charity has agreed to make an annual contribution to RCCG (UK). In addition, the church supports missionary organisations such as Festival of Life and World Evangelism Mission.” — page 5
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 · Greenwich · Kent

Income and spending

Financial year endIncomeSpending
30/11/2024£46k£54k
30/11/2023£63k£68k
30/11/2022£52k£37k
30/11/2021£36k£45k
30/11/2020£49k£43k

Common questions

Is THE REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE CENTRE (HOUSE OF PRAISE) financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with total net liabilities of £19,486, a deterioration from the previous year's £11,860. The trustees report that free unrestricted funds have been converted into an emergency fund, and the charity maintains a going concern basis due to adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.