REDEEMED CAMP
Latest income
£132k
Latest spending
£64k
Registered
2015
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported total income of £102,667 and total expenditure of £68,847, resulting in a net surplus for the year. The trustees confirm the charity has adequate resources to continue operations and maintain reserves at £239,434, which exceeds their stated policy target of 24 months' expenditure.
What the accounts disclose
Reserves policy: 24 months’ expenditure (held: £239k)
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to 24 months’ expenditure.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity has one trustee / director in common with Save The King Limited. Redeemed Camp made a general contribution to its annual convocation.
“The Charity has one trustee / director in common with Save The King Limited. Redeemed Camp made a general contribution to its annual convocation.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- BILLY GIWAchair
- DEBORAH GIWA
- LUCIA OLUSEYI BROWN
- MICHAEL MAGBAGBEOLA
- Olufunmilayo Itinuola Dele-Giwa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £132k | £64k |
| 30/09/2024 | £103k | £69k |
| 30/09/2023 | £79k | £57k |
| 30/09/2022 | £70k | £26k |
| 30/09/2021 | £54k | £25k |
Common questions
Is REDEEMED CAMP financially healthy?
The accounts state that the charity reported total income of £102,667 and total expenditure of £68,847, resulting in a net surplus for the year. The trustees confirm the charity has adequate resources to continue operations and maintain reserves at £239,434, which exceeds their stated policy target of 24 months' expenditure. Its FY2024 accounts were independently examined.