THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY BASINGSTOKE
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net surplus of £15,402, increasing total unrestricted funds to £272,527. The balance sheet shows net assets of £272,527 against current liabilities of £400, indicating strong liquidity and no current liabilities exceeding one year. The independent examiner reported no matters requiring attention, confirming compliance with accounting standards.
What the accounts disclose
Trustees
- Adaora Okoro
- OLUFEMI ELEDUMA
- Oyegunle Motunrayo Temitope
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £396k | £287k |
| 31/03/2024 | £320k | £305k |
| 31/03/2023 | £247k | £204k |
| 31/03/2022 | £179k | £166k |
| 31/03/2021 | £155k | £94k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY BASINGSTOKE financially healthy?
The accounts state that the charity ended the year with a net surplus of £15,402, increasing total unrestricted funds to £272,527. The balance sheet shows net assets of £272,527 against current liabilities of £400, indicating strong liquidity and no current liabilities exceeding one year. The independent examiner reported no matters requiring attention, confirming compliance with accounting standards. Its FY2024 accounts were independently examined.
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