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REDEEMED CHRISTIAN CHURCH OF GOD: VICTORY ASSEMBLY SIDCUP

Registered charity 1143076 · accounts filings on the Charity Commission register · also known as RCCG VICTORY ASSEMBLY SIDCUP

Latest income
£132k
Latest spending
£105k
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity operates on a receipts and payments basis with unrestricted funds held in the bank. The trustees have established a reserves policy requiring funds to cover at least three months of annual expenditure to mitigate significant drops in funding. No material uncertainties or going concern issues were identified by the independent examiner.

What the accounts disclose

Reserves policy: three months of annual expenditure
“The Trustees have established policy whereby unrestricted funds held by the church should cover at least 3 months of annual expenditure.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The church supports missionary organisations such as the World Evangelism Mission and other RCCG Churches.
“RCCG Victory Assembly Sidcup supports missionary organisations such as the World Evangelism Mission and other RCCG Churches. The Church also supports other charities and missions that shares its objective to advance the Christian faith and relieve poverty. The Church also provides support to congregational members in need.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bexley · Greenwich

Income and spending

Financial year endIncomeSpending
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?

The accounts state that the charity operates on a receipts and payments basis with unrestricted funds held in the bank. The trustees have established a reserves policy requiring funds to cover at least three months of annual expenditure to mitigate significant drops in funding. No material uncertainties or going concern issues were identified by the independent examiner. Its FY2023 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON.