REDEEMED CHRISTIAN CHURCH OF GOD: VICTORY ASSEMBLY SIDCUP
Christian worship & outreach programmes to increase Christianity awareness & spreading the gospelDevelopment of the whole man - spiritually, mentally and physicallyProviding overseas aid & famine reliefSupporting other charities & christian eventsSupport the elderly by offering social & recreational servicesProvide free Saturday tuition for Years 4-6,GCSE &11+Career & Business Seminars
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds total £213,001 against a reserves policy target of covering at least three months of annual expenditure. The charity reports a net surplus for the period and holds sufficient cash funds to continue current activities, with no material uncertainties disclosed regarding its going concern status.
What the accounts disclose
“The Trustees have established policy whereby unrestricted funds held by the church should cover at least 3 months of annual expenditure.” — page 6
“RCCG Victory Assembly Sidcup is a member of the Redeemed Christian Church of God (RCCG) - a network comprising of churches all over the world. The parish’s relationship with RCCG and other parishes is governed by an “Agreement for Common Purposes”.” — page 4
Trustees
- AFOLARIN AYODEJI JIMOH
- Dr Adeniyi Faboya
- ZAINAB OMOWUNMI AKINOLA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £132k | £105k |
| 31/12/2023 | £125k | £134k |
| 31/12/2022 | £134k | £101k |
| 31/12/2021 | £111k | £89k |
| 31/12/2020 | £158k | £85k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD: VICTORY ASSEMBLY SIDCUP financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds total £213,001 against a reserves policy target of covering at least three months of annual expenditure. The charity reports a net surplus for the period and holds sufficient cash funds to continue current activities, with no material uncertainties disclosed regarding its going concern status. Its FY2024 accounts were independently examined.
Charities like this
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY CENTRE FOR ALL NATIONS
- REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY
- REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE
- THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY
- THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REDEEMED CHRISTIAN CHURCH OF GOD: VICTORY ASSEMBLY SIDCUP | £132k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY CENTRE FOR ALL NATIONS | £175k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY | £372k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE | £147k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY | £249k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON | £160k | — | 0 | unclear | — | noted |