THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON
This is a church charity setup to cater for the spiritual and social needs of the community.- Preaching of the gospel- Bible Studies and Sunday School Services- Prayer Meetings- Community Outreaches (depending on identified needs, like food bank support, free academic subject (e.g. Maths) coaching)- Children Care Services (Planned)- Local & Overseas Missions Support
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £114,431 exceed the trustees' stated policy target of between £29,342.75 and £58,685.50 (representing 3 to 6 months of expenditure). The charity reports a net income surplus of £42,628 for the year, reversing a deficit from the prior period, though it notes that its going concern status is dependent on the future flow of uncertain voluntary funding streams.
What the accounts disclose
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets to be held by the charity should be between 3 to 6 months of the expenditure.” — page 8
“The charitable activities are totally dependable on voluntary donations. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding stream.” — page 8
Trustees
- OLUYEMISI BAMGBOSE Dip Mgtchair
- ADERONKE OLUFUNMILAYO ADELAKUN
- OLUFEMI FATAYO JIMOH B.SC HONS
- OLUFUNSO OLADEINDE MARTINS
- Olayinka Owa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £160k | £117k |
| 31/12/2023 | £90k | £95k |
| 31/12/2022 | £83k | £73k |
| 31/12/2021 | £77k | £59k |
| 31/12/2020 | £84k | £74k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £114,431 exceed the trustees' stated policy target of between £29,342.75 and £58,685.50 (representing 3 to 6 months of expenditure). The charity reports a net income surplus of £42,628 for the year, reversing a deficit from the prior period, though it notes that its going concern status is dependent on the future flow of uncertain voluntary funding streams. Its FY2024 accounts were independently examined.
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- REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY
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- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY CENTRE FOR ALL NATIONS
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- THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK
- REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) OVERCOMERS' HOUSE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON | £160k | — | 0 | unclear | — | noted |
| REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY | £372k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS PLACE ALDERSHOT | £157k | — | 0 | below | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY CENTRE FOR ALL NATIONS | £175k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £150k | — | 0 | above | — | noted |
| THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK | £153k | — | 0 | below | — | no doubt |