REDEEMED CHRISTIAN CHURCH OF GOD PEACE HOUSE PARISH
A local church
Latest income
£64k
Latest spending
£45k
Registered
2012
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £56,614, exceeding the trustees' policy target of three months of annual expenditure. The charity reported a net incoming resource of £18,856, indicating that incoming voluntary income of £63,741 was sufficient to cover total resources expended of £44,886.
What the accounts disclose
Reserves policy: 3 months of annual expenditure (held: £57k)
“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 4
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Afolabi Olanrewaju
- Egbe Efefaroro
- Kayode Ogunboye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £64k | £45k |
| 31/08/2024 | £43k | £33k |
| 31/08/2023 | £26k | £7k |
| 31/08/2022 | £5k | £3k |
| 31/08/2021 | £2k | £2k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD PEACE HOUSE PARISH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £56,614, exceeding the trustees' policy target of three months of annual expenditure. The charity reported a net incoming resource of £18,856, indicating that incoming voluntary income of £63,741 was sufficient to cover total resources expended of £44,886. Its FY2025 accounts were independently examined.