THE REDEEMED CHRISTIAN CHURCH OF GOD - RCCG LIVING PRAISE SUNDERLAND
Involved in prevention or alleviation of poverty through the provision of services to people in need e.g. homeless persons, refugees, asylum seekers, victim of crime, Youth and young adults, and elderly.Advancement of religion, places of worship, raising awareness of religious and understanding of religious beliefs and practices. Any other purpose that is presently recognised as charitable
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £83,094 to £45,030 during the year, while restricted reserves remained stable at £90,490. The charity holds tangible fixed assets valued at £280,883, including a property acquired in September 2024, against a long-term loan liability of £134,000. Cash reserves dropped significantly from £160,335 to £16,633, though the charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Trustees
- PASTOR ADIO LAWRENCE FAGBAYIchair
- Dr SUNDAY WILSON EMEZANENA ERIJOH
- PASTOR MUSA BAKO
- ROTIMI MATTHEW AKINSIPE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £191k | £213k |
| 31/03/2024 | £223k | £188k |
| 31/03/2023 | £180k | £133k |
| 31/03/2022 | £163k | £91k |
| 31/03/2021 | £80k | £67k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD - RCCG LIVING PRAISE SUNDERLAND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £83,094 to £45,030 during the year, while restricted reserves remained stable at £90,490. The charity holds tangible fixed assets valued at £280,883, including a property acquired in September 2024, against a long-term loan liability of £134,000. Cash reserves dropped significantly from £160,335 to £16,633, though the charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.