RIVER OF LIFE CITY CHURCH
HOLDING REGULAR WORSHIP SERVICES TO PROMOTE THE CHRISTIAN FAITH IN THE COMMUNITY.
Financial health, per its FY2025 accounts
The accounts state that the charity maintained unrestricted funds of £47,477 at the end of the year, resulting in a net deficit of £5,445 for the period. The trustees report that the organisation continues to maintain a healthy surplus in its bank account with no outstanding debts. Per the reserve policy, the charity aims to hold approximately three months of unrestricted expenditure, though the current unrestricted funds are below this implied target given the operational costs.
What the accounts disclose
“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 4
“The trustee Rev James Ennin was paid emoluments of £22800 for pastoral services rendered to the organisation.” — page 8
“The trustee Rev James Ennin was paid emoluments of £22800 for pastoral services rendered to the organisation.” — page 8
Trustees
- DAVID TETTEH
- REV CHARLES WESLEY
- Rev JAMES ENNIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £96k | £102k |
| 31/12/2024 | £104k | £98k |
| 31/12/2023 | £101k | £96k |
| 31/12/2022 | £82k | £81k |
| 31/12/2021 | £87k | £75k |
Common questions
Is RIVER OF LIFE CITY CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity maintained unrestricted funds of £47,477 at the end of the year, resulting in a net deficit of £5,445 for the period. The trustees report that the organisation continues to maintain a healthy surplus in its bank account with no outstanding debts. Per the reserve policy, the charity aims to hold approximately three months of unrestricted expenditure, though the current unrestricted funds are below this implied target given the operational costs. Its FY2025 accounts were independently examined.