THE REDEEMED CHRISTIAN CHURCH OF GOD - NEW WINE HAVEN
The church in pursuant of these objectives organised programmes and events which were opened to all during the period. Worship Services and teaching sessions were held weekly with classes for children held separately. The church also organised several programmes to reach out to community an example was the Summer Youth events we organised with other RCCG Churches in Eltham
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a net deficit of £5,986 for the year ended 31 December 2024, reducing unrestricted reserves from £14,135 to £8,149. The trustees report that the charity holds zero reserves and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The church intends to create a reserve fund for investment in tangible assets equivalent to 3 months of annual expenditure from unrestricted funds.” — page 4
Trustees
- OLUFEMI MAJARO RNchair
- OLAYIWOLA SOLOLA
- OLUTOYIN SUSAN ALLI BSC
- OWOLABI JULIUS OLUKUNLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £26k | £32k |
| 31/12/2023 | £31k | £22k |
| 31/12/2022 | £16k | £16k |
| 31/12/2021 | £20k | £11k |
| 31/12/2020 | £15k | £9k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD - NEW WINE HAVEN financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a net deficit of £5,986 for the year ended 31 December 2024, reducing unrestricted reserves from £14,135 to £8,149. The trustees report that the charity holds zero reserves and has no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.