REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY PERRY BARR BIRMINGHAM
Financial health, per its FY2023 accounts
The accounts state that the charity generated a total income of £164,779 and recorded a surplus of £30,709 for the year ended 31 December 2023. Per the balance sheet, the charity holds unrestricted net assets of £167,843, representing a significant increase from the previous year's £137,134. The trustees confirm that the annual report and financial statements give a true and fair view of the charity's situation.
What the accounts disclose
“It is the policy of the Trustees to work towards holding the minimum reserves necessary to enable the charity to meet its commitments for a minimum period of three months.” — page 9
“Under the ‘Agreement for Common Purposes’, Redeemed Christian Church of God Covenant Restoration Assembly Perry Barr has agreed to make regular contributions to the World Evangelism Mission of the RCCG UK (WEM), and contributions towards the running of the Mission’s UK Central Office (COF). In addition, the church also supports missionary organisations such as Festival of Life and African Mission that are also of the RCCG UK, other programmes anchored by the Mission’s General Overseer such as the Ordained Ministers Conference among others, support to the tiers of RCCG UK Administration structure at Area, Zonal and Provincial levels for specific planned joint programmes and other evangelical work of the RCCG Mission in the UK as well as support to other RCCG Parishes in the UK. The church also provided support to members and community members in need as well as organisations supporting vulnerable people such as Compassion UK, UCB for their ‘Word for Today’ that we use for evangelical purposes and to enrich our members’ spiritual depth.”
Register events
- Received assets from another charity (10/08/2012)
Trustees
- Kolawole Akinbichair
- PASTOR ITUNU OLUSEYI OBILEYE
- PASTOR OLATUNDE OGEDENGBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £202k | £149k |
| 31/12/2023 | £165k | £77k |
| 31/12/2022 | £122k | £103k |
| 31/12/2021 | £93k | £80k |
| 31/12/2020 | £136k | £91k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD COVENANT RESTORATION ASSEMBLY PERRY BARR BIRMINGHAM financially healthy?
The accounts state that the charity generated a total income of £164,779 and recorded a surplus of £30,709 for the year ended 31 December 2023. Per the balance sheet, the charity holds unrestricted net assets of £167,843, representing a significant increase from the previous year's £137,134. The trustees confirm that the annual report and financial statements give a true and fair view of the charity's situation. Its FY2023 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 28/05/2012 | £42k | "Reaching Out to Stand Out" |
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