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REDEEMED CHRISTIAN CHURCH OF GOD CHAPEL OF GLORY INTERNATIONAL

Registered charity 1106676 · accounts filings on the Charity Commission register · also known as RCCG CHAPEL OF GLORY INTERNATIONAL

Latest income
£114k
Latest spending
£86k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus of £27,528 for the year, with total incoming resources of £113,753 against expenditures of £86,225. The trustees report that unrestricted free reserves stand at £464,214, which exceeds their stated policy target of three months of annual expenditure. The independent examiner confirmed that no matters came to their attention requiring further disclosure.

What the accounts disclose

Reserves policy: 3 months of annual expenditure (held: £464k)
“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 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The parish is a member of the Redeemed Christian Church of God (RCCG) and its relationship is governed by an 'Agreement for Common Purposes'.
“Chapel of Glory International parish 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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Herefordshire · Nigeria

Income and spending

Financial year endIncomeSpending
31/12/2024£114k£86k
31/12/2023£124k£81k
31/12/2022£111k£60k
31/12/2021£84k£38k
31/12/2020£76k£38k

Common questions

Is REDEEMED CHRISTIAN CHURCH OF GOD CHAPEL OF GLORY INTERNATIONAL financially healthy?

The accounts state that the charity generated a surplus of £27,528 for the year, with total incoming resources of £113,753 against expenditures of £86,225. The trustees report that unrestricted free reserves stand at £464,214, which exceeds their stated policy target of three months of annual expenditure. The independent examiner confirmed that no matters came to their attention requiring further disclosure. Its FY2024 accounts were independently examined.

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