RCCG CITY OF FAITH
RELIGIOUS ACTIVITIES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £5,139 for the year, bringing total unrestricted funds to £67,061. The trustees maintain a reserves policy targeting three months of annual expenditure, which the current free reserves exceed. The independent examiner confirmed that no matters came to their attention requiring further disclosure.
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 3
Trustees
- YEMI MACAULAYchair
- Dr SEGUN FATUMO
- ISAAC ADETUNJI AJIBADE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £42k | £37k |
| 31/10/2024 | £35k | £46k |
| 31/10/2023 | £34k | £34k |
| 31/10/2022 | £38k | £22k |
| 31/10/2021 | £25k | £15k |
Common questions
Is RCCG CITY OF FAITH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £5,139 for the year, bringing total unrestricted funds to £67,061. The trustees maintain a reserves policy targeting three months of annual expenditure, which the current free reserves exceed. The independent examiner confirmed that no matters came to their attention requiring further disclosure. Its FY2025 accounts were independently examined.