THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF DAVID WALWORTH
Religious activities: Seminars, Training's etc.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net incoming resource of £930 for the year, a significant improvement from the previous year's outgoing resource of £5,521. The trustees confirm that unrestricted reserves are held at a level intended to cover three months of annual expenditure, which they believe allows the charity to continue its activities even in the event of a significant drop in funding.
What the accounts disclose
“The free reserves held by the church should be 3 months of annual expenditure.” — page 5
Trustees
- ELIZABETH KINGSLEY
- FELIX OPEYEMI ADESOLA
- JOHN OLUSEGUN ADEKUNLE
- OLUFEMI OLADIPO ALABI
- OMOWUMI IJEH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £65k | £64k |
| 31/05/2024 | £61k | £67k |
| 31/05/2023 | £59k | £48k |
| 31/05/2022 | £65k | £56k |
| 31/05/2021 | £44k | £43k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF DAVID WALWORTH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource of £930 for the year, a significant improvement from the previous year's outgoing resource of £5,521. The trustees confirm that unrestricted reserves are held at a level intended to cover three months of annual expenditure, which they believe allows the charity to continue its activities even in the event of a significant drop in funding. Its FY2025 accounts were independently examined.