RCCG - CITY OF REDEMPTION PARISH
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £158,267 from £98,657 in the prior year, supported by incoming resources of £163,342 against expenditures of £103,732. The charity holds net assets of £474,375, including a church building valued at £450,000 and cash balances of £81,492. The independent examiner reported no matters requiring attention, indicating compliance with accounting records and statutory requirements.
What the accounts disclose
Trustees
- AKINWALE OYEKUNLE LAWAL
- AKINYEMI ISAAC LUFADEJU
- Clement Oloruntoba
- Patric Ebuzoeme
- Samuel Bunting
- Titilayo Modupe Oloruntoba
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £163k | £104k |
| 31/07/2024 | £197k | £124k |
| 31/07/2023 | £197k | £112k |
| 31/07/2022 | £109k | £58k |
| 31/07/2021 | £135k | £33k |
Common questions
Is RCCG - CITY OF REDEMPTION PARISH financially healthy?
The accounts state that unrestricted reserves increased to £158,267 from £98,657 in the prior year, supported by incoming resources of £163,342 against expenditures of £103,732. The charity holds net assets of £474,375, including a church building valued at £450,000 and cash balances of £81,492. The independent examiner reported no matters requiring attention, indicating compliance with accounting records and statutory requirements. Its FY2025 accounts were independently examined.
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