THE REDEEMED CHRISTIAN CHURCH OF GOD - PRAISE CONNECTIONS
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £481,560, which the trustees consider sufficient to cover management and support costs. The charity reported a net income of £208,339 for the year, with total income of £590,837 against total expenditure of £382,498. The independent examiner confirmed that the accounts agree with the accounting records and comply with the Act.
What the accounts disclose
Structured financials (annual return, FY ending 30/11/2024)
Trustees
- Solomon Sonubichair
- Emmanuel Eniraiyetan
- Gbemisola Jegede
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £2.8m | £1.2m |
| 30/11/2023 | £1.1m | £270k |
| 30/11/2022 | £591k | £382k |
| 30/11/2021 | £540k | £311k |
| 30/11/2020 | £487k | £474k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD - PRAISE CONNECTIONS financially healthy?
The accounts state that unrestricted reserves stood at £481,560, which the trustees consider sufficient to cover management and support costs. The charity reported a net income of £208,339 for the year, with total income of £590,837 against total expenditure of £382,498. The independent examiner confirmed that the accounts agree with the accounting records and comply with the Act. Its FY2022 accounts were independently examined.
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