GROUND LEVEL MINISTRY TEAM
Financial health, per its FY2022 accounts
The accounts state that the charity's financial position is considered challenging, with free reserves decreasing to £99,452 from £123,834 in the prior year. The trustees note that a process of review is underway to ensure adequate funds are held to support ongoing plans, citing financial sustainability as a major risk. Despite a net expenditure for the year, the charity reports having qualified people and systems in place to monitor financial implications.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 02425628
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- NIGEL COLLINSchair
- Claire Louise Bell
- DAVID JONES
- MARK RUPERT INNES HOPKINS
- RICHARD CHARLES ALFRED TUCKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £698k | £591k |
| 31/12/2023 | £602k | £494k |
| 31/12/2022 | £213k | £243k |
| 31/12/2021 | £460k | £530k |
| 31/12/2020 | £348k | £319k |
Common questions
Is GROUND LEVEL MINISTRY TEAM financially healthy?
The accounts state that the charity's financial position is considered challenging, with free reserves decreasing to £99,452 from £123,834 in the prior year. The trustees note that a process of review is underway to ensure adequate funds are held to support ongoing plans, citing financial sustainability as a major risk. Despite a net expenditure for the year, the charity reports having qualified people and systems in place to monitor financial implications. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE SOLA TRUST | 1 | £27k |
| CHURCH BURGESSES TRUST | 1 | £15k |
| THE FYRISH FOUNDATION | 1 | £10k |