REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY NOTTINGHAM
Christain faith based religious activitiesCommunity support and development projects to alleviate suffering and poverty in our local comuunitysupporting other charities who help to alleviate suffering and poverty
Financial health, per its FY2025 accounts
The accounts state that the charity closed the financial year with a surplus of £9,309 and unrestricted reserves of £285,377, which exceeds the trustees' stated prudent target of three months' running costs. Per the trustees' report, the present level of funding is adequate to support the continuation of the church objectives, and the organization continues to operate as a going concern with no material uncertainties.
What the accounts disclose
“As a result, the trustees deem it prudent to have reserves of 3 month’s running cost to cover any unforeseen circumstances.”
“During the year, the church made donations and contributions to other RCCG, and charitable organizations as shown in note 4 under Central Office and Charitable Giving.” — page 22
Trustees
- PASTOR TAIWO ENOCH OLUGBENGAchair
- DR PRESIDOR KENDABIE
- JOHN CHUKWUKA
- PASTOR ADEBOWALE BABATUNDE ADESINA
- PASTOR SUNDAY AFOLABI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £304k | £294k |
| 05/04/2024 | £296k | £273k |
| 05/04/2023 | £252k | £207k |
| 31/12/2021 | £174k | £144k |
| 31/12/2020 | £162k | £159k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY NOTTINGHAM financially healthy?
Per its FY2025 accounts: The accounts state that the charity closed the financial year with a surplus of £9,309 and unrestricted reserves of £285,377, which exceeds the trustees' stated prudent target of three months' running costs. Per the trustees' report, the present level of funding is adequate to support the continuation of the church objectives, and the organization continues to operate as a going concern with no material uncertainties. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 29/09/2020 | £10k | Coronavirus Community Support Fund |
| UK government | 10/07/2020 | £10k | VSCE CMC Fund |
| The National Lottery Community Fund | 22/05/2020 | £10k | COVID-19 support for African Communities |