THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING SPRING CENTRE

Registered charity 1181631 · accounts filings on the Charity Commission register

The advancement of the Christian Faith worldwide and the relief of poverty

Causes: Religious Activities · website · Get email alerts

Latest income

£117k

Latest spending

£93k

Registered

2019

Accounts read

FY2024

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.

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

What the accounts disclose

Reserves policy: 3 months of annual expenditure (held: £526k)

“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

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Alaba Akinduro
Christine Awoloto · trustee of 1 other charity
DEACON OLUFEMI ADEWALE OLUBANJO · trustee of 2 other charities
Dr FRANCIS AKINKUNMI OLADIMEJI · trustee of 3 other charities
PASTOR ADEYEMI LADIPO · trustee of 1 other charity

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

Operates in: Essex · Haringey

Income and spending

Financial year end	Income	Spending
31/12/2024	£117k	£93k
31/12/2023	£40k	£540
31/12/2022	£0	£270
31/12/2021	£102	£270
31/12/2020	£9k	£810

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.