HEARTBEAT INTERNATIONAL MISSIONS
Church and Community Work1. Provision of Weekly Church Services on Wednesday and Sunday to minister to the physical, spiritual and material needs of the congregants. 2. Provision of Special Events and Meetings to meet the specific needs of target groups in the Church such as Men, Women, Youth and Children.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £25,112 for the year ended 31 March 2025, resulting in total unrestricted reserves of £476,210. The trustees confirm the charity remains solvent and has adequate resources to continue operating for the foreseeable future. However, the trustees note that the charity's reserves policy target of 3 to 6 months of expenditure has not been met in the current year.
What the accounts disclose
“This general reserve policy has not been met this year as in previous years.”
“Part of the Church Property was rented out in the year to The Fruit Tree Day Nursery Limited of which Pastor David Wade and his Wife are Directors. Rent paid is on a commercial basis.” — page 18
Property (HM Land Registry)
Trustees
- CLAUDE BOVELL
- DAVID MARTIN WADE
- Leon Wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £86k | £112k |
| 31/03/2024 | £77k | £109k |
| 31/03/2023 | £197k | £235k |
| 31/03/2022 | £383k | £356k |
| 31/03/2021 | £68k | £68k |
Common questions
Is HEARTBEAT INTERNATIONAL MISSIONS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £25,112 for the year ended 31 March 2025, resulting in total unrestricted reserves of £476,210. The trustees confirm the charity remains solvent and has adequate resources to continue operating for the foreseeable future. However, the trustees note that the charity's reserves policy target of 3 to 6 months of expenditure has not been met in the current year. Its FY2025 accounts were independently examined.