REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) THE COVENANT ASSEMBLY
Charitable activities, Religious activities, family poverty & hardship relief, outreach programmes and support of efforts for relief of hardship within and outside the UK
Financial health, per its FY2025 accounts
The accounts state that the charity made a surplus of £11,036 for the year ended 31 March 2025, resulting in total reserves of £152,525. The trustees report that unrestricted funds are maintained at a level equating to approximately four months of unrestricted expenditure, which aligns with their stated liquidity policy. The financial statements were subject to an independent examination rather than a full audit.
What the accounts disclose
“It is the policy of the covenant Assembly to maintain unrestricted funds which are the free reserves of the charity at a level which equates to approximately four months unrestricted expenditure.” — page 5
Trustees
- PASTOR STEPHEN TEMITOPE BELLOchair
- Deacon Adebowale Ojedokun
- Deacon Kolade Duduyemi
- Olabisi Olufunke ADEYEMI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £72k | £55k |
| 31/03/2024 | £72k | £55k |
| 31/03/2023 | £54k | £45k |
| 31/03/2022 | £37k | £23k |
| 31/03/2021 | £42k | £18k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) THE COVENANT ASSEMBLY financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a surplus of £11,036 for the year ended 31 March 2025, resulting in total reserves of £152,525. The trustees report that unrestricted funds are maintained at a level equating to approximately four months of unrestricted expenditure, which aligns with their stated liquidity policy. The financial statements were subject to an independent examination rather than a full audit. Its FY2025 accounts were independently examined.