VICTORY CHURCH OF CHRIST
ERADICATING POVERTY, EDUCATING AND TRANING THE LESS PREVILEDGE PEOPLE OF THE COMMUNITY
Objects
(I) THE ADVANCEMENT OF THE CHRISTIAN RELIGION BY THE PROCLAMATIONAND FURTHERANCE OF THE GOSPEL OF GOD CONCERNING HIS SON JESUSCHRIST THE LORD AND THE PREACHING AND TEACHING OF THE WORD OF GODBY THE CHURCH IN ACCORDANCE WITH THE STATEMENT OF FUNDAMENTALTRUTH OF ASSEMBLIES OF GOD IN GREAT BRITAIN AND IRELAND ASAPPROVED BY GENERAL COUNCIL FROM TIME TO TIME (THE STATEMENT).(II) SUCH OTHER CHARITABLE PURPOSES AS SHALL FURTHER THE ATTAINMENT OF THEABOVE OBJECTS OF THE CHURCH OF ANY OF THEM.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £18,338, which represents a net liability position as total creditors exceed total assets. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. The charity relies on donations and legacies for income, which decreased significantly from the prior year.
What the accounts disclose
“Income from: Donations and legacies 48,914”
“Total funds carried forward (18,338)”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Ayo Awodeyi
- Elizabeth Okundalaye
- Funmi Oguntunde
- Stephen OLATUNBOSUN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £49k | £59k |
| 31/03/2024 | £219k | £203k |
| 31/03/2023 | £224k | £227k |
| 31/03/2022 | £139k | £132k |
| 31/03/2021 | £143k | £199k |
Common questions
Is VICTORY CHURCH OF CHRIST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £18,338, which represents a net liability position as total creditors exceed total assets. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. The charity relies on donations and legacies for income, which decreased significantly from the prior year. Its FY2025 accounts were independently examined.