THE REDEEMED CHRISTIAN CHURCH OF GOD NEW BEGINNING CHAPEL BOURNEMOUTH
Weekly worship service at Stourvale Centre, 108 Stourvale Road, Bournemouth BH6 5JB - Sunday service between 9:00AM and 12:30 PM and Wednesday Prayer meetings between 7 and 8:30PM. We have a number of digital fellowships and work together with other churches in Bournemouth to preach the gospel, called 'The Turning'.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £398,492, exceeding the previous year's £320,354. The trustees maintain a reserves policy target of three months of annual expenditure. The charity reported a net incoming resource of £78,138 for the year, with no creditors or liabilities 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 should be 3 months of annual expenditure.” — page 5
Trustees
- Avalumun Bartholomew Atsado
- Opeyemi Emmanuel Akinnusi
- Osemekhian Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £147k | £69k |
| 29/02/2024 | £146k | £69k |
| 28/02/2023 | £97k | £43k |
| 28/02/2022 | £75k | £29k |
| 28/02/2021 | £67k | £18k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD NEW BEGINNING CHAPEL BOURNEMOUTH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £398,492, exceeding the previous year's £320,354. The trustees maintain a reserves policy target of three months of annual expenditure. The charity reported a net incoming resource of £78,138 for the year, with no creditors or liabilities disclosed. Its FY2025 accounts were independently examined.