Charity Accounts Intelreading the accounts so you don’t have to

THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON

Registered charity 1148462 · accounts filings on the Charity Commission register · also known as RCCG - WINNERS' WAY LOUGHTON

Latest income
£160k
Latest spending
£117k
Registered
2012
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net deficit of £5,459 for the year ended 31 December 2023, resulting in unrestricted reserves of £70,103. The trustees consider the financial performance satisfactory and confirm that the reserves policy target of 3 to 6 months of expenditure has been met. However, the going concern basis is noted as dependent on the future flow of uncertain voluntary funding streams.

What the accounts disclose

Reserves policy: three to six months of expenditure (held: £70k)
“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
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“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
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Essex · Kent

Income and spending

Financial year endIncomeSpending
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?

The accounts state that the charity reported a net deficit of £5,459 for the year ended 31 December 2023, resulting in unrestricted reserves of £70,103. The trustees consider the financial performance satisfactory and confirm that the reserves policy target of 3 to 6 months of expenditure has been met. However, the going concern basis is noted as dependent on the future flow of uncertain voluntary funding streams. Its FY2023 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS PLACE ALDERSHOT.