REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £26,757 for the period ending 1st September 2025, resulting in a decrease in total net assets from £202,974 to £176,217. The charity holds unrestricted funds of £339,203 against unrestricted liabilities, while restricted nursery funds show a deficit of £162,986. The trustees report confirms that despite operational changes and the closure of the nursery, the charity's overall growth and community impact were not negatively affected.
What the accounts disclose
“Related party transactions are resources expended to trustees or their relatives *Salaries and wages *Benefits (additional payment as thanskgiving offering or vicarage cost for full time minister)” — page 7
“Related party transactions are resources expended to trustees or their relatives *Salaries and wages *Benefits (additional payment as thanskgiving offering or vicarage cost for full time minister)” — page 7
Property (HM Land Registry)
Register events
- Received assets from another charity (25/11/2024)
Trustees
- Abayomi Adetayo
- Kasali Fatai
- Obed Kwame Ababio
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/09/2025 | £408k | £434k |
| 01/09/2024 | £308k | £326k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD GLORY OF GOD PARISH financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £26,757 for the period ending 1st September 2025, resulting in a decrease in total net assets from £202,974 to £176,217. The charity holds unrestricted funds of £339,203 against unrestricted liabilities, while restricted nursery funds show a deficit of £162,986. The trustees report confirms that despite operational changes and the closure of the nursery, the charity's overall growth and community impact were not negatively affected. Its FY2025 accounts were independently examined.