THE REDEEMED CHRISTIAN CHURCH OF GOD, CHRIST FOR LIFE
Financial health, per its FY2022 accounts
The accounts state that the charity reported a surplus of £24,871 for the year ended 31 December 2022, with unrestricted funds totaling £56,903. The trustees note that their reserves policy is to hold funds not committed or invested in tangible fixed assets for a period of not more than one month of annual expenditure. The charity is primarily funded through voluntary gifts and offerings by its members.
What the accounts disclose
Trustees
- KOLAWOLE ABAYOMI OYEDELEchair
- ABIDEMI KAZEEM AJADI
- ADEBISI OLUWAKEMI ONYEOJI
- Dr ALEXANDER ADEOJO OLUWASAKIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £151k | £111k |
| 31/12/2023 | £134k | £76k |
| 31/12/2022 | £87k | £62k |
| 31/12/2021 | £49k | £41k |
| 31/12/2020 | £41k | £34k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD, CHRIST FOR LIFE financially healthy?
The accounts state that the charity reported a surplus of £24,871 for the year ended 31 December 2022, with unrestricted funds totaling £56,903. The trustees note that their reserves policy is to hold funds not committed or invested in tangible fixed assets for a period of not more than one month of annual expenditure. The charity is primarily funded through voluntary gifts and offerings by its members. Its FY2022 accounts were independently examined.
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