THE REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS PLACE ALDERSHOT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £10,503 for the year ended 31 December 2024, resulting in total unrestricted funds decreasing to £215,426. The trustees consider it necessary to hold reserves equivalent to one month of expenditure and acknowledge that the charity met this need during the year. The filing notes the charity should aim to improve income generation to continue meeting its needs.
What the accounts disclose
“The Trustees consider the need for the charity to hold reserve (unrestricted fund, and not represented by fixed asset) equivalent to one month expenditure”
Trustees
- EMMANUEL OLATUNBOSUN OLAOYE
- IKECHUKWU STEPHEN AKUJUAOBI
- Olumayowa Faniyi
- Oluremi Fagbayimu
- PASTOR BABATUNDE FEYIBUNMI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £157k | £180k |
| 31/12/2024 | £147k | £157k |
| 31/12/2023 | £183k | £141k |
| 31/12/2022 | £104k | £100k |
| 31/12/2021 | £124k | £77k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD, WINNERS PLACE ALDERSHOT financially healthy?
The accounts state that the charity reported a net expenditure deficit of £10,503 for the year ended 31 December 2024, resulting in total unrestricted funds decreasing to £215,426. The trustees consider it necessary to hold reserves equivalent to one month of expenditure and acknowledge that the charity met this need during the year. The filing notes the charity should aim to improve income generation to continue meeting its needs. Its FY2024 accounts were independently examined.
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