THE REDEEMED CHRISTIAN CHURCH OF GOD CITY OF DAVID CAMBRIDGE
Church and Charitable activities
Objects
THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £240,870 to £204,429, resulting in a net outgoing of resources before transfers. The trustees note that this level of free reserves is below their stated policy target of three months of annual expenditure, though they remain satisfied that systems are in place to mitigate major risks.
What the accounts disclose
“unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure.”
Policies the charity declares
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Volunteer management
Trustees
- Amos Akinwale
- Ojo Olajide
- YEMI MACAULAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £279k | £316k |
| 31/12/2023 | £305k | £306k |
| 31/12/2022 | £298k | £283k |
| 31/12/2021 | £252k | £250k |
| 31/12/2020 | £290k | £260k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD CITY OF DAVID CAMBRIDGE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £240,870 to £204,429, resulting in a net outgoing of resources before transfers. The trustees note that this level of free reserves is below their stated policy target of three months of annual expenditure, though they remain satisfied that systems are in place to mitigate major risks. Its FY2024 accounts were independently examined.
Charities like this
- THE REDEEMED CHRISTIAN CHURCH OF GOD THE KING'S GLORY CHURCH
- THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY
- THE PCC OF THE ECCLESIASTICAL PARISH OF CAMBRIDGE ST MARY THE GREAT WITH ST MICHAEL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CAMBRIDGE ST. BARNABAS
- THE REDEEMED CHRISTIAN CHURCH OF GOD FAITH ASSEMBLY
- THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY
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 CITY OF DAVID CAMBRIDGE | £279k | — | 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 JESUS ASSEMBLY | £249k | — | 0 | unclear | — | no doubt |
| THE PCC OF THE ECCLESIASTICAL PARISH OF CAMBRIDGE ST MARY THE GREAT WITH ST MICHAEL | £1.6m | — | 0 | below | — | noted |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CAMBRIDGE ST. BARNABAS | £442k | — | 0 | below | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD FAITH ASSEMBLY | £119k | — | 0 | unclear | — | no doubt |