HOUSE OF PRAISE TRUST

Registered charity 1172998 · accounts filings on the Charity Commission register · also known as RCCG HOUSE OF PRAISE

The main activity of our charity is to advance the Christian faith particularly in London and at the discretion of the Trustees elsewhere in the United Kingdom or the world. We also aim to (i) relieve persons in need or hardship or who are aged or sick; (ii) advance education and (iii) undertake and fulfil such other charitable activities and purposes for the benefit of the community.

Objects

(1) THE RELIEF OF PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR WHO ARE AGED OR SICK INCLUDING BUT NOT LIMITED TO THE DISTRIBUTION OF WELFARE AID/PAYMENTS TO ALLEVIATE THE POOR AND OR SUFFERING;(2) TO ADVANCE THE CHRISTIAN FAITH IN LONDON AND AT THE DISCRETION OF THE TRUSTEES ELSEWHERE IN THE UNITED KINGDOM OR THE WORLD, IN ACCORDANCE WITH THE FOLLOWING STATEMENT OF BELIEFS:A) THE SOVEREIGNTY AND GRACE OF GOD THE FATHER GOD THE SON AND GOD THE HOLY SPIRIT IN CREATION PROVIDENCE REVELATION REDEMPTION AND FINAL JUDGEMENT;B) THE DIVINE INSPIRATION OF HOLY SCRIPTURE AND ITS CONSEQUENT ENTIRE TRUSTWORTHINESS AND SUPREME AUTHORITY IN ALL MATTERS OF FAITH AND CONDUCT:C) THE UNIVERSAL SINFULNESS AND GUILT OF FALLEN MAN MAKING HIM SUBJECT TO GOD'S WRATH AND CONDEMNATION;D) THE SUBSTITUTIONARY SACRIFICE OF THE INCARNATE SON OF GOD AS THE SOLE AND ALL-SUFFICIENT GROUND OF REDEMPTION FROM THE GUILT AND POWER OF SIN AND FROM ITS ETERNAL CONSEQUENCES;E) THE JUSTIFICATION OF THE SINNER SOLELY BY THE GRACE OF GOD THROUGH FAITH IN CHRIST CRUCIFIED AND RISEN FROM THE DEAD;F) THE ILLUMINATING REGENERATING INDWELLING AND SANCTIFYING WORK OF GOD THE HOLY SPIRIT;G) THE PRIESTHOOD OF ALL BELIEVERS WHO FORM THE UNIVERSAL CHURCH THE BODY OF WHICH CHRIST IS THE HEAD AND WHICH IS COMMITTED BY HIS COMMAND TO THE PROCLAMATION OF THE GOSPEL THROUGHOUT THE WORLD;H) THE EXPECTATION OF THE PERSONAL VISIBLE RETURN OF THE LORD JESUS CHRIST IN POWER AND GLORY;I) MARRIAGE IS ORDAINED BY GOD FOR THE LIFELONG RELATIONSHIP BETWEEN ONE MAN AS HUSBAND AND ONE WOMAN AS WIFE. IT IS THE MOST INTIMATE OF HUMAN RELATIONSHIPS, A SACRED AND HOLY INSTITUTION, AND SHOULD BE HONOURED BY ALL.(3) TO RELIEVE, PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR WHO ARE AGED OR SICK AND TO RELIEVE THE DISTRESS CAUSED THEREBY IN PARTICULAR IN THE SAID CITY AND AT THE DISCRETION OF THE TRUSTEES ELSEWHERE IN THE UNITED KINGDOM OR THE WORLD(4) TO ADVANCE EDUCATION AND TRAINING FOR EMPLOYMENT AND IN PARTICULAR AMONGST REFUGEES IN LONDON AND ELSEWHERE IN THE UNITED KINGDOM(5) TO UNDERTAKE AND FULFIL SUCH OTHER CHARITABLE ACTIVITIES AND PURPOSES FOR THE BENEFIT OF THE COMMUNITY IN THE SAID CITY AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£1.7m
Latest spending
£1.5m
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted free reserves stood at £201,492, which is below the trustees' stated policy target of three months of annual expenditure. The charity reported a net movement in funds of £(244,737) for the year, resulting in total net assets of £6,116,474, with significant tangible fixed assets held.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £201k; policy: 3 months of annual expenditure)
“The charity's free reserve has increased to £201,492 (2023 - £NIL), however the trustees recognise that the current level of free reserve does not reach the above target” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Pastor Andrew Adeleke, spouse of Chief Executive and trustee, received £60,000 for use of his home as vicarage.
“During the period, the charity paid Pastor Andrew Adeleke (Senior Pastor), who is the spouse of the Chief Executive and trustee (Pastor Olayemi Adeleke) £60,000 (2023 - £60,000) for use of his home as vicarage.” — page 39
“During the year Eden Group, a business owned by the son of one of the directors (Pastor Olayemi Mojibola Adeleke), charged the company £99,627 (2023 - £98,762) in commission for managing the hall hiring process.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Eden Group, owned by the son of director Pastor Olayemi Mojibola Adeleke, charged £99,627 in commission for managing hall hiring.
“During the period, the charity paid Pastor Andrew Adeleke (Senior Pastor), who is the spouse of the Chief Executive and trustee (Pastor Olayemi Adeleke) £60,000 (2023 - £60,000) for use of his home as vicarage.” — page 39
“During the year Eden Group, a business owned by the son of one of the directors (Pastor Olayemi Mojibola Adeleke), charged the company £99,627 (2023 - £98,762) in commission for managing the hall hiring process.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Stephen Michael Associates. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

15 registered titles in England and Wales held by the charity’s company or corporate body (15 freehold); recorded price paid £450k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.7m
Total spending
£1.5m
Cost of raising funds
£197k
Reserves (reported)
£1.8m
Employees
7

Reported reserves equal ~14.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (71% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 11.9% of total income — above the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.7m£1.5m
31/12/2024£1.7m£2.0m
31/12/2023£1.7m£1.5m
31/12/2022£1.6m£1.3m
31/12/2021£1.1m£1.2m

Common questions

Is HOUSE OF PRAISE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted free reserves stood at £201,492, which is below the trustees' stated policy target of three months of annual expenditure. The charity reported a net movement in funds of £(244,737) for the year, resulting in total net assets of £6,116,474, with significant tangible fixed assets held. Its FY2024 accounts were audited by Stephen Michael Associates.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PRAISE TABERNACLE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HOUSE OF PRAISE TRUST£1.7m——below—no doubt
PRAISE TABERNACLE FY2024£447k—0unclear—no doubt
PRAISE CHAPEL FY2025£569k——unclear—no doubt
JEHOVAH JIREH HOUSE OF PRAYER FY2025£213k—0above—no doubt
CITY PRAISE CENTRE CIO FY2025£763k—0unclear—no doubt
INTERNATIONAL PRAISE CENTRE FY2025£762k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.