THE REDEEMED CHRISTIAN CHURCH OF GOD - MY FATHER'S HOUSE, DUNSTABLE
Latest income
£169k
Latest spending
£141k
Registered
2012
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that the charity holds unrestricted free reserves of £20,000, which is below its stated policy target of £10,000 to £20,000 (covering 2-4 months of expenditure). The charity reported a net incoming resource of £22,045 for the year, resulting in total net assets of £142,261 at year-end.
What the accounts disclose
Reserves policy: 2 to 4 months of resources expended which equals to roughly £10,000 to £20,000 (held: £20k)
“The directors' policy is to have unrestricted and uncommitted funds (free reserves) to cover 2 to 4 months of resources expended which equals to roughly Et 0,000 to 620, 000 in general funds.” — page 6
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: The church paid institutional grants to other RCCG organisations such as the World Evangelism Mission as stated in note 7.
“During the year, the church paid instutional grants to other RCCG organisations the World Evangelism Mission as stated in nots 7.” — page 14
Per its FY2022 accounts as filed with the Charity Commission.
Trustees
- PASTOR AKINTAYO AKINSOOTO OJOchair
- ABIODUN CYNTHIA KOLAWOLE
- Abayomi Adeniran Ajayi
- Dr Adesoji Aderemi Adesiyan
- MRS KEMISOLA ADEBANKE AKINFISOYE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £169k | £141k |
| 31/12/2023 | £126k | £126k |
| 31/12/2022 | £112k | £90k |
| 31/12/2021 | £110k | £85k |
| 31/12/2020 | £138k | £79k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD - MY FATHER'S HOUSE, DUNSTABLE financially healthy?
The accounts state that the charity holds unrestricted free reserves of £20,000, which is below its stated policy target of £10,000 to £20,000 (covering 2-4 months of expenditure). The charity reported a net incoming resource of £22,045 for the year, resulting in total net assets of £142,261 at year-end. Its FY2022 accounts were independently examined.
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