REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE
Our activities include establishing additional churches, ministries and educational institutions throughout Great Britain, Eire and Europe together with the promotion of celebrations, exhibitions and the undertaking of missionary work.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £3,718 for the year, resulting in total unrestricted funds carried forward of £2,183. The trustees maintain a reserves policy target of three months of annual expenditure, but the current free reserves are significantly below this target. The independent examiner confirmed that no matters came to their attention requiring further understanding of the accounts.
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 should be 3 months of annual expenditure.” — page 3
Trustees
- Dr David Abiodun Richard
- Kate Megase
- Omorinsola Bello
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £147k | £151k |
| 30/09/2024 | £98k | £109k |
| 30/09/2023 | £86k | £130k |
| 30/09/2022 | £100k | £110k |
| 30/09/2021 | £111k | £77k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £3,718 for the year, resulting in total unrestricted funds carried forward of £2,183. The trustees maintain a reserves policy target of three months of annual expenditure, but the current free reserves are significantly below this target. The independent examiner confirmed that no matters came to their attention requiring further understanding of the accounts. 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, TRUE VINE CENTRE | £147k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, JUBILEE CHRISTIAN CENTRE WOLVERHAMPTON | £502k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD CHAPEL OF GLORY INTERNATIONAL | £114k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD OVERCOMERS HOUSE CHIPPENHAM | £109k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY | £212k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING BREAD NEWCASTLE | £209k | — | 0 | unclear | — | no doubt |