REDEEMED CHRISTIAN CHURCH OF GOD: PLACE OF HIS PRESENCE
WORSHIP SERVICES.EVANGELISM.LOCAL COMMUNITY PROJECTS AND COMMUNITY-FOCUSED EVENTS.WELFARE SUPPORT TO INDIVIDUALS AND GROUPS.OUTREACH.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased from £5,974 to £2,836 during the year, falling below the stated policy target of three months of unrestricted expenditure. The charity reported a net expenditure of £39,223 against incoming resources of £36,086, resulting in a deficit for the period.
What the accounts disclose
“The Charity has generated £36,086.00 from offerings, tithes and contributions during the year.” — page 5
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 5
Trustees
- PEACE EDETANLENchair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £36k | £39k |
| 31/12/2023 | £46k | £42k |
| 31/12/2022 | £18k | £18k |
| 31/12/2021 | £17k | £19k |
| 31/12/2020 | £11k | £9k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD: PLACE OF HIS PRESENCE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves decreased from £5,974 to £2,836 during the year, falling below the stated policy target of three months of unrestricted expenditure. The charity reported a net expenditure of £39,223 against incoming resources of £36,086, resulting in a deficit for the period. Its FY2024 accounts were independently examined.