REDEEMED CHRISTIAN CHURCH OF GOD RIVERS OF LOVE PARISH
Running Sunday services and prayer meetings, conducting seminars in the church with proven ministers of the faith to guide members in the various aspect of Christian faith, support for other charities and Christian events, and involving in economic and community development.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income surplus of £1,470 for the year ended 31 March 2025, following total incoming resources of £62,448 and total expenditure of £60,978. The trustees confirm that unrestricted funds held as free reserves were £888, which is below their stated policy target of three months of annual expenditure. The financial statements were subject to an independent examination rather than a full audit.
What the accounts disclose
“Individual donations and gifts continued to be the main sources of income. Tithe, Pledge, Building and Thanksgiving offering amounted to £62,448” — page 4
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the free reserve) held by the church should be 3 months of annual expenditure.” — page 5
Trustees
- CHARLES IDUH
- OLUMAYOWA AKINOLA
- TAIWO ADEMOLA
- Vivian Benjamin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £62k | £61k |
| 31/03/2024 | £93k | £54k |
| 31/03/2023 | £56k | £47k |
| 31/03/2022 | £62k | £45k |
| 31/03/2021 | £36k | £33k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD RIVERS OF LOVE PARISH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income surplus of £1,470 for the year ended 31 March 2025, following total incoming resources of £62,448 and total expenditure of £60,978. The trustees confirm that unrestricted funds held as free reserves were £888, which is below their stated policy target of three months of annual expenditure. The financial statements were subject to an independent examination rather than a full audit. Its FY2025 accounts were independently examined.