THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT OF GRACE
Latest income
£239k
Latest spending
£207k
Registered
2014
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £197,300, driven by net incoming resources of £41,742 against total resources expended of £169,716. The charity holds unrestricted funds of £197,300 and carries significant liabilities, including a bank loan and other creditors totaling £314,642 due within one year.
What the accounts disclose
Trustees
- PASTOR BABATUNDE ISIAKAchair
- Dr MOJISOLA TINUADE SANI-OMOLORI
- OLUBUNMI ADEJOKE BABALOLA
- TITILAYO STELLA OLUBAJO
- VINA ANDRIA ZAMBA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £239k | £207k |
| 31/12/2024 | £211k | £170k |
| 31/12/2023 | £141k | £110k |
| 31/12/2022 | £102k | £74k |
| 31/12/2021 | £75k | £53k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT OF GRACE financially healthy?
The accounts state that total funds increased to £197,300, driven by net incoming resources of £41,742 against total resources expended of £169,716. The charity holds unrestricted funds of £197,300 and carries significant liabilities, including a bank loan and other creditors totaling £314,642 due within one year. Its FY2024 accounts were independently examined.
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