FOUNTAIN OF LIFE PENTECOSTAL HOLINESS CHURCH

Registered charity 1040574 · accounts filings on the Charity Commission register · also known as FINSBURY PARK CHRISTIAN FELLOWSHIP TRUST

IN LINE WITH OUR MISSION STATEMENT, WHICH IS `LOVING JESUS LIFTING PEOPLE-LAUNCHING MINISTRIES, . WE WORKED WITH FAMILIES AND CHILDREN AROUND LEYTONSTONE ASHVILLE ROAD AREA IN SHARING THE GOSPEL AND PUTTING ON DIFFERENT ACTIVITIES ON SATURDAYS AND DURING THE HOLIDAYS FOR THE CHILDREN THE CHURCH ALSO PROVIDE HOT MEALS FOR HOMELESS PEOPLE IN FOREST ROAD WALTHAM FOREST 1ST FRIDAY OF THE MONTH

Objects

(A)TO ADVANCE THE CHRISTIAN RELIGION IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE TO THE DEED AND IN PARTICULAR IN THE NORTH LONDON REGION OF THE UNITED KINGDOM BUT AT THE DISCRETION OF THE TRUSTEES ANYWHERE ELSE IN THE UNITED KINGDOM OR THE WORLD BY SUCH MEANS AS THE TRUSTEES MAY CONSIDER APPROPRIATE.(B)TO RELIEVE PERSONS WHO ARE IN NEED,HARDSHIP OR DISTRESS OR WHO ARE AGED OR SICK

Area of benefit: NOT DEFINED, IN PRACTICE NORTH LONDON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Overseas Aid/famine Relief · Religious Activities · Get email alerts

Latest income
£104k
Latest spending
£103k
Registered
1994
Accounts read
FY2024

Financial health, per its FY2024 accounts

The charity reported a net incoming resource of £591 for the year, with total incoming resources of £103,955 against expenditures of £103,364. The trustees state that the reserves policy was met and exceeded, with unrestricted funds held at £209,528, which is above the targeted range of £25,841 to £51,682. The accounts were prepared on a going concern basis with no material uncertainties noted.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Tithes and Offerings (100% of income)
“Tithes and Offerings 103,955” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three to six months of expenditure (held: £210k)
“unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ghana · Kenya · Nigeria · Waltham Forest

Income and spending

Financial year endIncomeSpending
31/12/2024£104k£103k
31/12/2023£123k£79k
31/12/2022£103k£111k
31/12/2021£118k£121k
31/12/2020£81k£90k

Common questions

Is FOUNTAIN OF LIFE PENTECOSTAL HOLINESS CHURCH financially healthy?

Per its FY2024 accounts: The charity reported a net incoming resource of £591 for the year, with total incoming resources of £103,955 against expenditures of £103,364. The trustees state that the reserves policy was met and exceeded, with unrestricted funds held at £209,528, which is above the targeted range of £25,841 to £51,682. The accounts were prepared on a going concern basis with no material uncertainties noted. Its FY2024 accounts were independently examined.