THE REDEEMED CHRISTIAN CHURCH OF GOD HOLY GHOST ZONE NORWICH
The Charity organise seminars and events with proven speakers and ministers of the faith to guide members in the various aspects of the Christian faith; and support for other charities and Christian Events. Also do community outreach events, Provision of welfare support to members, Provision to support other charities, Conferences and Events.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £276,486 against a policy target of three months of annual expenditure. The filing notes that the charity is entitled to exemption from audit and that the trustees are satisfied the company can continue in operation, with no material uncertainties disclosed.
What the accounts disclose
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the church 3 months of annual expenditure.” — page 6
“The charity is part of the Redeemed Christian Church of God worldwide with which it has an agreement of common purpose. A summary of transactions with those parties are set out in note 14 to the financial statements.” — page 4
Trustees
- EJIRO RICHARD OBAHORchair
- Adewale Oladunjoye
- MR OLATUNJI OLALETE USMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £111k | £70k |
| 31/12/2023 | £238k | £63k |
| 31/12/2022 | £66k | £56k |
| 31/12/2021 | £59k | £53k |
| 31/12/2020 | £63k | £54k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD HOLY GHOST ZONE NORWICH financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £276,486 against a policy target of three months of annual expenditure. The filing notes that the charity is entitled to exemption from audit and that the trustees are satisfied the company can continue in operation, with no material uncertainties disclosed. Its FY2024 accounts were independently examined.