THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING WORD WORTHING
A church where Christian virtues are preached and upheld.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £9,059 for the year ended 31 December 2024, bringing total unrestricted funds to £18,417. The trustees have established a reserves policy target of three months of annual expenditure, which the current free reserves appear to meet given the annual expenditure of approximately £25,644. The independent examiner confirmed that no matters came to their attention requiring further explanation.
What the accounts disclose
“The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure.” — page 6
Trustees
- George Nnajiezechair
- Anastasia Yaadar
- Regina Nwobi
- Tomilola Ogedengbe
- Yvonne Tokunbo Akinlabi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £26k |
| 31/12/2023 | £18k | £18k |
| 31/12/2022 | £17k | £19k |
| 31/12/2021 | £17k | £19k |
| 31/12/2020 | £23k | £18k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING WORD WORTHING financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £9,059 for the year ended 31 December 2024, bringing total unrestricted funds to £18,417. The trustees have established a reserves policy target of three months of annual expenditure, which the current free reserves appear to meet given the annual expenditure of approximately £25,644. The independent examiner confirmed that no matters came to their attention requiring further explanation. Its FY2024 accounts were independently examined.