THE REDEEMED CHRISTIAN CHURCH OF GOD GRACE ASSEMBLY STOURBRIDGE
The sharing of God's love through godly lifestyle. Our meetings are open to all; we study, share the christian faith and life experiences.We support each other in the journey of life.
Objects
2.2. THE OBJECT OF THE TRUST WHICH IS FOR THE PUBLIC BENEFIT IS:-2.2.1 THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE ("THE OBJECT")
Financial health, per its FY2025 accounts
The accounts state that total incoming resources for the year were £43,627, with total resources expended at £28,169, resulting in a net movement in funds of £15,458. The trustees report that the present free reserve is within the stated policy range of £4,250 to £6,000, which is designed to cover 3 to 6 months of resources expended. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The Trustees’ policy is to have unrestricted and uncommitted funds (free reserves) to cover 3 to 6 months of resources expended which equals to £4,250 to £6,000 in general funds.” — page 6
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Agnes Olubunmi Biu
- Esther Adeola Olofinusi
- Oluwole Oyenekan
- VINCENT OLUBUNMI BALOGUN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £44k | £28k |
| 31/12/2024 | £42k | £32k |
| 31/12/2023 | £24k | £23k |
| 31/12/2022 | £14k | £15k |
| 31/12/2021 | £11k | £11k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD GRACE ASSEMBLY STOURBRIDGE financially healthy?
Per its FY2025 accounts: The accounts state that total incoming resources for the year were £43,627, with total resources expended at £28,169, resulting in a net movement in funds of £15,458. The trustees report that the present free reserve is within the stated policy range of £4,250 to £6,000, which is designed to cover 3 to 6 months of resources expended. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.