THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING SPRING CENTRE
The advancement of the Christian Faith worldwide and the relief of poverty
Objects
THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £526,450, meeting the trustees' policy target of three months of annual expenditure. The independent examiner confirmed that no material matters came to attention during the examination, and the trustees report a good current financial position with long-term stability.
What the accounts disclose
“RESERVES POLICY: 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 4
Policies the charity declares
- Complaints handling
- Conflicting interests
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Trustees
- Alaba Akinduro
- Christine Awoloto
- DEACON OLUFEMI ADEWALE OLUBANJO
- Dr FRANCIS AKINKUNMI OLADIMEJI
- PASTOR ADEYEMI LADIPO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £118k | £92k |
| 31/12/2024 | £117k | £93k |
| 31/12/2023 | £40k | £540 |
| 31/12/2022 | £0 | £270 |
| 31/12/2021 | £102 | £270 |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING SPRING CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £526,450, meeting the trustees' policy target of three months of annual expenditure. The independent examiner confirmed that no material matters came to attention during the examination, and the trustees report a good current financial position with long-term stability. Its FY2024 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING SPRING CENTRE | £118k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY | £249k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD THE KING'S GLORY CHURCH | £286k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, SALVATION THEATRE | £628k | — | — | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £157k | — | 0 | unclear | — | noted |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY | £141k | — | 0 | unclear | — | no doubt |