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RIDLEY COMMUNITY CHURCH

Registered charity 1196428 · accounts filings on the Charity Commission register

We are a Christian Organisation, we do religious activitiesProvide Services to the CommunityWe help Children/young People, Elderly/old People, The General Public/mankindWe operate in Newham

Causes: Religious Activities · website · Get email alerts

Latest income
£29k
Latest spending
£37k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity operated at a deficit, with unrestricted cash reserves falling to £5,577, which is below the stated policy target of £7,500. The trustees report that the charity is close to complying with its reserves policy and remains financially viable despite the shortfall.

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

What the accounts disclose

Highest-paid employee band: £30,001 - £40,000
“Martin Oriakhi served as a church leader and received total employment benefits of £31,031 (2023: £29,922) in the year for serving in that capacity, not for serving as a trustee” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £6k; policy: three months of unrestricted expenditure)
“At the year end, the charity held unrestricted cash of £5,577 (2023: £15,252) and the charity is close to complying with its reserves policy.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Martin Oriakhi served as a church leader and received total employment benefits of £31,031 (2023: £29,922) in the year for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.
“Martin Oriakhi served as a church leader and received total employment benefits of £31,031 (2023: £29,922) in the year for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

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

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: Newham

Income and spending

Financial year endIncomeSpending
31/12/2024£29k£37k
31/12/2023£30k£32k
31/12/2022£70k£53k

Common questions

Is RIDLEY COMMUNITY CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity operated at a deficit, with unrestricted cash reserves falling to £5,577, which is below the stated policy target of £7,500. The trustees report that the charity is close to complying with its reserves policy and remains financially viable despite the shortfall. Its FY2024 accounts were independently examined.

What does the highest-paid employee of RIDLEY COMMUNITY CHURCH earn?

Per its FY2024 accounts, the highest-paid employee was in the £30,001 - £40,000 band.