THE REDEEMED CHRISTIAN CHURCH OF GOD AND RCCG LIFE OASIS PARISH
The charity's objective are:The advancement of the Christian religion worldwide.'The alleviation of poverty.'
Financial health, per its FY2024 accounts
The accounts state that total charity income increased to £123,719.10, with unrestricted reserves rising to £19,182.01. The charity holds significant fixed assets (£728,860.73) but carries a mortgage liability of approximately £91,247.28. The trustees note the need to continue accumulating reserves to meet mortgage payments and building maintenance.
What the accounts disclose
Trustees
- EDDIE NOSAKHARE OGUNBORchair
- ABIDEMI JAMES ADIO
- FOLASADE LOLADE HASSAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £124k | £86k |
| 31/12/2023 | £105k | £85k |
| 31/12/2022 | £89k | £83k |
| 31/12/2021 | £97k | £79k |
| 31/12/2020 | £86k | £68k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD AND RCCG LIFE OASIS PARISH financially healthy?
Per its FY2024 accounts: The accounts state that total charity income increased to £123,719.10, with unrestricted reserves rising to £19,182.01. The charity holds significant fixed assets (£728,860.73) but carries a mortgage liability of approximately £91,247.28. The trustees note the need to continue accumulating reserves to meet mortgage payments and building maintenance. Its FY2024 accounts were independently examined.