REDEEMED CHRISTIAN CHURCH OF GOD STRONG TOWER MIRACLE ARENA
Financial health, per its FY2022 accounts
The accounts state that the charity ended the year with total funds of £153,844, having paid off its mortgage on the church building. The trustees report that systems are in place to mitigate major risks and that the charity is able to continue in business. The charity intends to create a reserve fund for investment in tangible assets equivalent to three months of annual expenditure.
What the accounts disclose
Trustees
- AKINWALE ADETOKUNBO ADESUNLOYEchair
- CHRISTIANA ADEDOYIN SIYANBOLA
- NATHANIEL A OGUNDIPE MR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £209k | £182k |
| 31/12/2023 | £127k | £104k |
| 31/12/2022 | £97k | £83k |
| 31/12/2021 | £98k | £79k |
| 31/12/2020 | £81k | £45k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD STRONG TOWER MIRACLE ARENA financially healthy?
The accounts state that the charity ended the year with total funds of £153,844, having paid off its mortgage on the church building. The trustees report that systems are in place to mitigate major risks and that the charity is able to continue in business. The charity intends to create a reserve fund for investment in tangible assets equivalent to three months of annual expenditure. Its FY2022 accounts were independently examined.
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