THE REDEEMED CHRISTIAN CHURCH OF GOD, DESIRE OF NATIONS ASSEMBLY
CREATION OF A HOMELY PLACE FOR YOUTH TO SOCIALISE, ANNUAL SUMMER EVENTS ETC.INVOLVES IN COMMUNITY ENGAGEMENTS THAT BRING PEOPLE FROM DIVERSE ETHNIC BACKGROUND TOGETHER TO FOSTER UNITY
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £61,784, exceeding the previous year's £37,186. The trustees report that this level of free reserves meets their policy target of three months of annual expenditure, indicating adequate resources to continue activities.
What the accounts disclose
“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 5
Trustees
- EBENEZER ADEOLU BABALOLAchair
- Bolajoko Owagbayegun
- JIMMY GBEMI BODUNWA
- Oladipo Apanisile
- Stephen Adetoye Gbadebo Soleye
- TOPE FEMI OMOKANJUOLA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £71k | £46k |
| 31/03/2024 | £72k | £46k |
| 31/03/2023 | £31k | £30k |
| 31/03/2022 | £31k | £24k |
| 31/03/2021 | £13k | £7k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD, DESIRE OF NATIONS ASSEMBLY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £61,784, exceeding the previous year's £37,186. The trustees report that this level of free reserves meets their policy target of three months of annual expenditure, indicating adequate resources to continue activities. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/03/2021 | £10k | Leicester Uplifted |