THE REDEEMED CHRISTIAN CHURCH OF GOD (THE FOUNTAIN)
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Objects
THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE:3.1 THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLD-WIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE.3.2 THE ADVANCEMENT OF EDUCATION.3.3 THE RELIEF OF POVERTY.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £46,360 for the year ended 31 December 2024, resulting in a decrease in unrestricted funds to £878,567. The trustees confirm that the charity retains sufficient reserves to continue its operations and meet its obligations, maintaining a going concern basis. Unrestricted funds carried forward total £2,181,558, down from £2,227,918 in the previous year.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Conflicting interests
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 06471722 · Financial health read from its filings
Company officers (Companies House)
- FOWOWE, Titilola Oluwaseun on trustee list
- IDUH, Charles Odafe on trustee list
- AKINTUJOYE, Olubunmi on trustee list
- OLAOSEBIKAN, Merukube on trustee list
Property (HM Land Registry)
Register events
- Received assets from another charity (06/04/2011)
Trustees
- CHARLES IDUH
- MERUKUBE OLAOSEBIKAN
- OLUBUNMI AKINTUJOYE
- Titilola Oluwaseun Fowowe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £296k | £342k |
| 31/12/2023 | £389k | £363k |
| 31/12/2022 | £214k | £251k |
| 31/12/2021 | £266k | £274k |
| 31/12/2020 | £225k | £243k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD (THE FOUNTAIN) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £46,360 for the year ended 31 December 2024, resulting in a decrease in unrestricted funds to £878,567. The trustees confirm that the charity retains sufficient reserves to continue its operations and meet its obligations, maintaining a going concern basis. Unrestricted funds carried forward total £2,181,558, down from £2,227,918 in the previous year. Its FY2024 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 |
|---|---|---|---|---|---|---|
| THE REDEEMED CHRISTIAN CHURCH OF GOD (THE FOUNTAIN) | £296k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD FAITH ASSEMBLY | £119k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY | £249k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD FOUNTAIN OF GRACE WORSHIP CENTRE (TELFORD) | £134k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF TRUTH | £148k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £157k | — | 0 | unclear | — | noted |