FAITH TEMPLE CHURCH OF GOD(PENTECOSTAL)
THE CHARITY WAS ESTABLISHED TO PROMOTE THE ADVANCEMENT OF THE CHRISTIAN RELIGION AND THE PROTECTION AND PRESERVATION OF HEALTH. ITS OBJECTS ALSO INCLUDE TO EDUCATE AND TRAIN AND RELIEVE POVERTY AND SICKNESS AMONG YOUNG PERSONS WHO ARE SUFFERING OR WHO HAVE SUFFERED A LEGAL RESTRICTION OF THEIR LIBERTY IN ANY PENAL OR CORRECTION ESTABLISHMENT.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £6,410 for the year ended 31 December 2024, resulting in total unrestricted funds of £849,190. The trustees consider this level of funds to be appropriate for pursuing objectives, noting that sufficient cash reserves are held to cover working capital needs and seasonal fluctuations in income. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the trustees’ view that it is prudent to maintain the forecasted level of reserves to allow for financial flexibility and stability in light of the Charity’s dependence on voluntary donations.” — page 5
“Overseer Anthony Thomas Trustee 21,600 Wages and salaries for pastoral services”
“Overseer Anthony Thomas Trustee 461 Pensions”
“Overseer Anthony Thomas Trustee 21,600 Wages and salaries for pastoral services”
“Overseer Anthony Thomas Trustee 461 Pensions”
“Overseer Anthony Thomas Trustee 21,600 Wages and salaries for pastoral services”
“Overseer Anthony Thomas Trustee 461 Pensions”
Trustees
- Rev ANTHONY THOMAS BDchair
- RUTH YOUNG
- Rayhill Dirwayi
- VALERIE HELENE CASTRY
- VERONICA BERNADETTE BRYAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £65k | £59k |
| 31/12/2023 | £69k | £60k |
| 31/12/2022 | £85k | £75k |
| 31/12/2021 | £55k | £40k |
| 31/12/2020 | £53k | £44k |
Common questions
Is FAITH TEMPLE CHURCH OF GOD(PENTECOSTAL) financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £6,410 for the year ended 31 December 2024, resulting in total unrestricted funds of £849,190. The trustees consider this level of funds to be appropriate for pursuing objectives, noting that sufficient cash reserves are held to cover working capital needs and seasonal fluctuations in income. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.