THE REDEEMED CHRISTIAN CHURCH OF GOD, OASIS OF MERCY
The provision of a place of worship and conduct of Christian services
Financial health, per its FY2025 accounts
The accounts state that the charity generated a total income of £35,991 and reported a modest surplus of £841 for the year ended 31st March 2025. Per the trustees' report, unrestricted funds stood at £37,672, which is significantly above the stated reserves policy target of holding minimum reserves necessary to meet commitments for a minimum of three months. The charity is a member of the Redeemed Christian Church of God UK and agreed to make regular proportional contributions to the World Evangelism Mission, though no such contributions were made during the year under review to conserve funds.
What the accounts disclose
“The charity received a total of £35,991 from church services” — page 5
“It is the policy of the Trustees to work towards holding the minimum reserves necessary to enable the charity to meet its commitments for a minimum of three months” — page 5
“Under this agreement, the Redeemed Christian Church of God Oasis of Mercy has agreed to make regular proportional contributions to the World Evangelism Mission of the RCCG UK (WEM) and also towards the running of the Mission’s UK Central Office (COF). During the year under review, the charity did not make any contributions to both the Region and Province where it was assigned due to the need to conserve funds.” — page 5
Trustees
- OLUWOLE OLABODEchair
- RISKAT OSINOWO
- SAMSON ODUBADE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £36k | £35k |
| 31/03/2024 | £33k | £31k |
| 31/03/2023 | £29k | £26k |
| 31/03/2022 | £29k | £24k |
| 31/03/2021 | £21k | £9k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD, OASIS OF MERCY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a total income of £35,991 and reported a modest surplus of £841 for the year ended 31st March 2025. Per the trustees' report, unrestricted funds stood at £37,672, which is significantly above the stated reserves policy target of holding minimum reserves necessary to meet commitments for a minimum of three months. The charity is a member of the Redeemed Christian Church of God UK and agreed to make regular proportional contributions to the World Evangelism Mission, though no such contributions were made during the year under review to conserve funds. Its FY2025 accounts were independently examined.