SPANISH GOSPEL MISSION
Propagation of the Christian Evangelical faith
Financial health, per its FY2024 accounts
The charity reported a net operating deficit of £22,582 for the year ended 31 December 2024, resulting in a decrease in total funds from £96,339 to £73,757. Despite the deficit, unrestricted reserves remain at £73,757, which is above the trustees' stated policy target of approximately three months of anticipated outgoings. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The trustees have established a reserves policy whereby the charity will reserve a sum of approximately 3 months of anticipated outgoings, based on the previous year, but adjusted specifically for any foreseeable expense.” — page 6
Trustees
- CONRAD LLOYD POMEROY
- David Cogman
- Paul Pomeroy
- Simon Nobbs
- Trevor Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £60k | £83k |
| 31/12/2023 | £148k | £59k |
| 31/12/2022 | £42k | £54k |
| 31/12/2021 | £43k | £53k |
| 31/12/2020 | £43k | £53k |
Common questions
Is SPANISH GOSPEL MISSION financially healthy?
Per its FY2024 accounts: The charity reported a net operating deficit of £22,582 for the year ended 31 December 2024, resulting in a decrease in total funds from £96,339 to £73,757. Despite the deficit, unrestricted reserves remain at £73,757, which is above the trustees' stated policy target of approximately three months of anticipated outgoings. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Who funds SPANISH GOSPEL MISSION?
Funders whose own accounts filings name SPANISH GOSPEL MISSION as a grant recipient include WEST ROW BAPTIST CHURCH.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WEST ROW BAPTIST CHURCH | FY2022 | £500 | Mission Support |