RCCG PETRA HOUSE
Objects
CLAUSE 6 OF THE ARTICLES - OBJECT 6.1 THE CHARITY'S OBJECT ("THE OBJECT) WHICH IS TO BE CARRIED OUT FOR THE PUBLIC BENEFIT IS: - 6.1.1 THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE.6.2 THE OBJECT IS TO BE CARRIED OUT AS A PROCLAMATION OF THE BELIEFS SET OUT IN CLAUSE 8 BELOW.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £65,807, which represents a net surplus for the year. The trustees report that these funds are sufficient to maintain current activities even in the event of a significant drop in funding. No material uncertainties or risks to going concern were identified in the filing.
What the accounts disclose
“the free reserves, held by the church should be 3 months of annual expenditure.” — page 3
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
- Safeguarding policy and procedures
- Social media policy and procedures
Trustees
- Abolaji Emmanuel Lawal
- Motunrayo Temitope Oyegunle
- Teslim Adegbuyi Bada
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £160k | £90k |
Common questions
Is RCCG PETRA HOUSE financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £65,807, which represents a net surplus for the year. The trustees report that these funds are sufficient to maintain current activities even in the event of a significant drop in funding. No material uncertainties or risks to going concern were identified in the filing. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £2k |
Charities like this
- PETRUS COMMUNITY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER HALE
- RCCG SURE FOUNDATION ASSEMBLY
- PARR STREET EVANGELICAL CHURCH
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE)
- CREATED: CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RCCG PETRA HOUSE | £160k | — | 0 | unclear | — | no doubt |
| PETRUS COMMUNITY | £2.7m | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER HALE | £213k | — | 0 | unclear | — | no doubt |
| RCCG SURE FOUNDATION ASSEMBLY | £213k | — | 0 | above | — | no doubt |
| PARR STREET EVANGELICAL CHURCH | £283k | — | 0 | above | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE) | £481k | Under £60,000 | 0 | unclear | — | no doubt |