THE REDEEMED CHRISTIAN CHURCH OF GOD - STILLWATERS COLCHESTER
Latest income
£361k
Latest spending
£419k
Registered
2011
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that total net assets stood at £795,494, comprising £601,600 in unrestricted funds and £193,894 in restricted funds. The trustees report that the charity has adequate resources to continue operating for the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
Reserves policy: three months of average annual expenditure (held: £602k)
“The Board of Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the charitable company should be 3 months of average annual expenditure.” — page 7
Per its FY2022 accounts as filed with the Charity Commission.
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £361k | £419k |
| 31/12/2023 | £414k | £358k |
| 31/12/2022 | £304k | £262k |
| 31/12/2021 | £253k | £225k |
| 31/12/2020 | £232k | £213k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD - STILLWATERS COLCHESTER financially healthy?
The accounts state that total net assets stood at £795,494, comprising £601,600 in unrestricted funds and £193,894 in restricted funds. The trustees report that the charity has adequate resources to continue operating for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2022 accounts were independently examined.
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