RCCG VICTORY CENTRE FOR ALL NATIONS WALSALL
The charities main activities include the advancement of Christian religion and the relief of poverty worldwide. It also engages in other community events aim at reaching out to non church-going members of the community in its local borough of Walsall.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £18,332 for the year ended 31 December 2024, with total income of £130,250 and total expenditures of £111,918. Per the trustees' report, the present free reserves are below the stated policy range of 3 to 6 months of resources expended, although the charity holds £18,332 in unrestricted general reserves.
What the accounts disclose
“The present free reserve is below the policy range” — page 6
Trustees
- VINCENT TOKUNBO IBIKUNLEchair
- EZEKIEL OLAITAN OBILEYE
- OLAKUNLE OLAWALE
- OLATUNDE ABIODUN OLAITAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £130k | £112k |
| 31/12/2023 | £142k | £120k |
| 31/12/2022 | £94k | £81k |
| 31/12/2021 | £75k | £66k |
| 31/12/2020 | £83k | £64k |
Common questions
Is RCCG VICTORY CENTRE FOR ALL NATIONS WALSALL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £18,332 for the year ended 31 December 2024, with total income of £130,250 and total expenditures of £111,918. Per the trustees' report, the present free reserves are below the stated policy range of 3 to 6 months of resources expended, although the charity holds £18,332 in unrestricted general reserves. Its FY2024 accounts were independently examined.