RELEVANT CITY LTD
The principal activities of the church are Christian worship, Christian outreach program to increase Christian awareness and to spread the gospel of our Lord Jesus Christ and the development of the whole man, spiritually, mentally and physically.We have a number of volunteers who assist in helping us achieve our objective.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating loss of £28,961 for the year ended 31 December 2024, a reduction from the previous year's loss of £36,472. Per the trustees' report, the charity's unrestricted reserves stood at £10,778, which is below the stated policy target of three months of annual expenditure. The trustees noted that the financial climate squeezed donations, leading to workforce streamlining and a change of venue to reduce costs.
What the accounts disclose
“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 3months of annual expenditure, where funds permit.” — page 5
Trustees
- DEACON RICHARD OBAHOR
- DEACON STEPHEN OJO
- DEACONESS KATE IMOEDEMHE
- Deacon OLATUNJI USMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £230k | £259k |
| 31/12/2023 | £254k | £290k |
| 31/12/2022 | £176k | £346k |
| 31/12/2021 | £258k | £330k |
| 31/12/2020 | £230k | £242k |
Common questions
Is RELEVANT CITY LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating loss of £28,961 for the year ended 31 December 2024, a reduction from the previous year's loss of £36,472. Per the trustees' report, the charity's unrestricted reserves stood at £10,778, which is below the stated policy target of three months of annual expenditure. The trustees noted that the financial climate squeezed donations, leading to workforce streamlining and a change of venue to reduce costs. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH RANK TRUST | 1 | £20k |
| THE ANCHOR FOUNDATION | 1 | £5k |
| HOPE CHURCH HARROGATE | 1 | £375 |
Charities like this
- LIFE CITY CHURCH
- CITY LIFE INTERNATIONAL CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, TUNBRIDGE WELLS
- RCCG - CITY OF REDEMPTION PARISH
- CITY VALLEY CHURCH
- CITY CHURCH NEWCASTLE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RELEVANT CITY LTD | £230k | — | 0 | below | — | no doubt |
| LIFE CITY CHURCH | £415k | £40,001 - £50,000 | 0 | unclear | — | no doubt |
| CITY LIFE INTERNATIONAL CHURCH | £203k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, TUNBRIDGE WELLS | £802k | — | 0 | unclear | — | no doubt |
| RCCG - CITY OF REDEMPTION PARISH | £163k | — | 0 | unclear | — | no doubt |
| CITY VALLEY CHURCH | £160k | — | 0 | unclear | — | no doubt |