THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY
1. the advancement of the Christian faith worldwide, and 2. the relief of poverty
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing of resources for the year, resulting in unrestricted funds decreasing from £13,329 to £11,123. The charity holds unrestricted reserves of £11,123 and has disclosed no specific reserves policy target. The independent examiner confirmed that the accounts give a true and fair view and no matters were identified that would cause concern regarding the financial statements.
What the accounts disclose
“The Redeemed Christian Church of God Global is a connected charity. During the 12 months ended 31 December 2024, Mission giving, gifts & welfare included donations to The Redeemed Christian Church of God Global for its World Evangelism Mission (WEM) of £2,600.” — page 14
Trustees
- JOSEPH EDET AKPAN
- Oluwasijibomi Majekodunmi
- Timothy Orimakinde
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £141k | £144k |
| 31/12/2023 | £82k | £78k |
| 31/12/2022 | £66k | £62k |
| 31/12/2021 | £72k | £74k |
| 31/12/2020 | £51k | £42k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net outgoing of resources for the year, resulting in unrestricted funds decreasing from £13,329 to £11,123. The charity holds unrestricted reserves of £11,123 and has disclosed no specific reserves policy target. The independent examiner confirmed that the accounts give a true and fair view and no matters were identified that would cause concern regarding the financial statements. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/01/2021 | £10k | Chapter Hope |
| London Borough of Hackney | 26/08/2020 | £9k | Grant to RCCG City of Victory |
| Hackney Council | 26/08/2020 | £9k | Grant to RCCG City of Victory |