THE REDEEMED CHRISTIAN CHURCH OF GOD - SOLUTION ASSEMBLY, NEWCASTLE
Financial health, per its FY2024 accounts
The accounts state that the charity achieved an operating surplus of £25,446 for the year ended 11 October 2024, with total incoming resources of £185,097 and resources expended of £159,651. Per the trustees' report, the present level of funding is considered sufficient to support the continuation of the church objectives, and unrestricted funds increased to £102,328. The charity holds no defined-benefit pension scheme deficits and has no disclosed material uncertainties regarding its going concern status.
What the accounts disclose
Trustees
- CHRISTIANA LONGEchair
- EVONG EVONG
- FUNMILAYO JOAN KOLAWOLE
- OLUYEMISI ONANUGA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 11/10/2025 | £252k | £193k |
| 11/10/2024 | £185k | £160k |
| 11/10/2023 | £174k | £153k |
| 11/10/2022 | £118k | £139k |
| 11/10/2021 | £81k | £70k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD - SOLUTION ASSEMBLY, NEWCASTLE financially healthy?
The accounts state that the charity achieved an operating surplus of £25,446 for the year ended 11 October 2024, with total incoming resources of £185,097 and resources expended of £159,651. Per the trustees' report, the present level of funding is considered sufficient to support the continuation of the church objectives, and unrestricted funds increased to £102,328. The charity holds no defined-benefit pension scheme deficits and has no disclosed material uncertainties regarding its going concern status. Its FY2024 accounts were independently examined.
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