REDEEMED CHRISTIAN CHURCH OF GOD FOUNTAIN OF LIFE
Religious activities
Objects
1. THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE.2. THE RELIEF OF POVERTY.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £8,968, increasing its total unrestricted funds to £63,979. The trustees maintain a reserves policy aiming to hold up to six months of expenditure, and the current unrestricted reserves significantly exceed this target. The independent examiner reported no matters requiring attention, and the accounts were prepared on a going concern basis.
What the accounts disclose
“The Trustees therefore aim to hold up to six months of expenditure as unrestricted funds.”
Policies the charity declares
- Complaints handling
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Volunteer management
Trustees
- Babatunde Joseph
- IBUKUN AJAYI
- NIYI MURELE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £99k | £90k |
| 31/03/2024 | £100k | £103k |
| 31/03/2023 | £101k | £99k |
| 31/03/2022 | £91k | £90k |
| 31/03/2021 | £118k | £82k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD FOUNTAIN OF LIFE financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £8,968, increasing its total unrestricted funds to £63,979. The trustees maintain a reserves policy aiming to hold up to six months of expenditure, and the current unrestricted reserves significantly exceed this target. The independent examiner reported no matters requiring attention, and the accounts were prepared on a going concern basis. Its FY2025 accounts were independently examined.
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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 FOUNTAIN OF LIFE | £99k | — | 0 | above | — | no doubt |
| RCCG CITY OF FAITH | £42k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, LIVING FAITH SOUTH SHIELDS | £77k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD FOUNTAIN OF LIFE BRAINTREE PARISH | £334k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD FAITH ASSEMBLY | £119k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD FULL LIFE CHRISTIAN CENTRE | £153k | — | 0 | unclear | — | no doubt |