THE REDEEMED CHRISTIAN CHURCH OF GOD FAITH ASSEMBLY
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £115,767 from £92,272 in the prior year, driven by unrestricted income of £118,82 against charitable expenditure of £95,326. The charity maintains unrestricted reserves of £115,767, which the trustees aim to keep sufficient to cover 3–6 months of operating costs. No material uncertainties or going concern issues were identified by the independent examiner.
What the accounts disclose
“The Trustees aim to maintain sufficient unrestricted reserves to cover approximately 3–6 months of operating costs” — page 5
Trustees
- Victor Idowu Olukannichair
- Benjamin Adediji
- Dr Samuel Ojo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £119k | £95k |
| 31/05/2024 | £117k | £79k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD FAITH ASSEMBLY financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £115,767 from £92,272 in the prior year, driven by unrestricted income of £118,82 against charitable expenditure of £95,326. The charity maintains unrestricted reserves of £115,767, which the trustees aim to keep sufficient to cover 3–6 months of operating costs. No material uncertainties or going concern issues were identified by the independent examiner. Its FY2025 accounts were independently examined.