REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") GARDEN OF THE LORD
Religious activities
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £15,798 for the year, resulting in a decrease in total unrestricted funds from £52,527 to £36,729. Per the trustees' report, the free reserves of £36,729 are below the stated policy target of three months of annual expenditure, and the trustees are considering ways to raise additional unrestricted funds.
What the accounts disclose
“The trustees recognises that the balance on the General Fund does not reach the target level of free reserves”
“The Church is a member of the Redeemed Christian Church of God (RCCG) which has parishes all over the world. The parish's relationship with RCCG and other parishes is governed by an "Agreement for Common Purposes."” — page 4
Trustees
- PASTOR EZIM ADESOLA ENELIchair
- Dr OLUSEYI OLUSEUN ADESINA
- PASTOR ADEBAYO OYELOLA FISHER
- PASTOR BOLANLE OJEH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £102k | £118k |
| 31/12/2023 | £100k | £111k |
| 31/12/2022 | £89k | £77k |
| 31/12/2021 | £80k | £62k |
| 31/12/2020 | £76k | £62k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") GARDEN OF THE LORD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £15,798 for the year, resulting in a decrease in total unrestricted funds from £52,527 to £36,729. Per the trustees' report, the free reserves of £36,729 are below the stated policy target of three months of annual expenditure, and the trustees are considering ways to raise additional unrestricted funds. Its FY2024 accounts were independently examined.
Charities like this
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') RENEWAL GROUND PARISH
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE)
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CHRIST FOR LIFE
- THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY
- REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") THE SANCTUARY
- REDEEMED CHRISTIAN CHURCH OF GOD CHAPEL OF GLORY INTERNATIONAL
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") GARDEN OF THE LORD | £102k | — | 0 | below | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') RENEWAL GROUND PARISH | £109k | — | 0 | above | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE) | £481k | Under £60,000 | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CHRIST FOR LIFE | £143k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY | £212k | — | 0 | above | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") THE SANCTUARY | £313k | — | 0 | unclear | — | no doubt |