RCCG SURE FOUNDATION ASSEMBLY
Latest income
£213k
Latest spending
£193k
Registered
2016
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted free reserves stood at £56,705, which is above the trustees' stated policy target of £24,000 to £48,000. The charity reported a net decrease in funds of £4,005 for the year, with total incoming resources of £149,937 and total resources expended of £153,642.
What the accounts disclose
Reserves policy: three to six months of resources expended (roughly £24,000 - £48,000) (held: £57k)
“The trustees' policy is to have unrestricted and uncommitted funds (free reserves) to cover 3 to 6 months of resources expended which equals roughly £24,000 - £48,000.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Esinkuma Nyananyo
- MOSIAH ABIODUN
- OLUMIDE OSUNDINA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £213k | £193k |
| 31/07/2024 | £150k | £150k |
| 31/07/2023 | £82k | £64k |
| 31/07/2022 | £41k | £42k |
| 31/07/2021 | £28k | £11k |
Common questions
Is RCCG SURE FOUNDATION ASSEMBLY financially healthy?
The accounts state that unrestricted free reserves stood at £56,705, which is above the trustees' stated policy target of £24,000 to £48,000. The charity reported a net decrease in funds of £4,005 for the year, with total incoming resources of £149,937 and total resources expended of £153,642. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE BORROWS CHARITABLE TRUST | 1 | £10k |
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |
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