REDEEMED CHRISTIAN CHURCH OF GOD - MAJESTY CONNECTIONS
The advancement of the Christian religion & relief of poverty worldwide.It pursues these objects by the operation of a centre for Christian worship & programs aimed at reaching the un-churched together with a range of community-centred activities and projects such as grant making, debt counselling, running foodbank, marriage / home building workshops & residential retreats.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £7,069 for the year, resulting in a decrease in total net assets from £277,833 to £270,764. Per the trustees' report, the charity remains operationally stable despite challenging economic conditions and increased local demand. The charity holds unrestricted reserves of £269,360, which the trustees review regularly to ensure ongoing stability and manage financial risk.
What the accounts disclose
“One trustee, Ajibola Oladele, is employed by the charity as Operations Manager of Basildon Foodbank and received remuneration of £32,500 during the year in respect of this employed role.”
“The trustees seek to maintain an appropriate level of reserves to ensure the ongoing stability of the charity and to manage financial risk. Reserves are kept under regular review, taking into account operational commitments, future plans, and external economic factors.” — page 4
“One trustee, Ajibola Oladele, is employed by the charity as Operations Manager of Basildon Foodbank and received remuneration of £32,500 during the year in respect of this employed role.”
“One trustee, Ajibola Oladele, is employed by the charity as Operations Manager of Basildon Foodbank and received remuneration of £32,500 during the year in respect of this employed role.”
Property (HM Land Registry)
Trustees
- Pastor Ajibola A Oladelechair
- Afolasade Adeeko
- Mrs IFEANYI AZENABOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £303k | £310k |
| 31/03/2024 | £331k | £246k |
| 31/03/2023 | £211k | £188k |
| 31/03/2022 | £191k | £152k |
| 31/03/2021 | £215k | £141k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD - MAJESTY CONNECTIONS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £7,069 for the year, resulting in a decrease in total net assets from £277,833 to £270,764. Per the trustees' report, the charity remains operationally stable despite challenging economic conditions and increased local demand. The charity holds unrestricted reserves of £269,360, which the trustees review regularly to ensure ongoing stability and manage financial risk. Its FY2025 accounts were independently examined.
What does the highest-paid employee of REDEEMED CHRISTIAN CHURCH OF GOD - MAJESTY CONNECTIONS earn?
Per its FY2025 accounts, the highest-paid employee was in the £20,001 - £30,000 band.