THE REDEEMED CHRISTIAN CHURCH OF GOD OPEN HEAVENS SANCTUARY
Financial health, per its FY2023 accounts
The accounts state that unrestricted free reserves stood at £234,925 as of 31 December 2023, representing a net movement of funds of £63,677 for the year. The charity reports that its financial situation has improved, allowing it to pay employees when due and fund new initiatives. The trustees confirm that resources are adequate to continue operations on a going concern basis.
What the accounts disclose
“RCCG -Central Office WEM & COF 25,778”
Register events
- Received assets from another charity (11/04/2012)
Trustees
- AKINTAYO DANIEL AIYEGBUSI B.SC
- FUNMILOLA MODUPE GBADEYAN
- MR OLAYEMI TAJUDEEN HASSAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £267k | £236k |
| 31/12/2023 | £262k | £198k |
| 31/12/2022 | £175k | £151k |
| 31/12/2021 | £127k | £144k |
| 31/12/2020 | £128k | £137k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD OPEN HEAVENS SANCTUARY financially healthy?
The accounts state that unrestricted free reserves stood at £234,925 as of 31 December 2023, representing a net movement of funds of £63,677 for the year. The charity reports that its financial situation has improved, allowing it to pay employees when due and fund new initiatives. The trustees confirm that resources are adequate to continue operations on a going concern basis. Its FY2023 accounts were independently examined.
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