CHRIST APOSTOLIC CHURCH VICTORY CENTRE
Our charity is based on Christian Religious Activities. Training and Education. To help people by means of pratiical supplort who are in need in condition of hardiship or distress or sick.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £130,360, which exceeds the trustees' stated target reserve level of £12,000. The charity reported a net expenditure of £38,912 against total incoming resources of £36,791, resulting in a decrease in total funds from £176,448 to £174,327.
What the accounts disclose
“The target reserve level is set at a minimum of three months (13 weeks) of operational expenditure, estimated at £12,000 due to rise in cost of living.” — page 6
Trustees
- JENROLA MAKINDE
- SELINAH OLA ADEYANJU
- Sijuwade Adeoye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £37k | £39k |
| 31/12/2023 | £22k | £46k |
| 31/12/2022 | £46k | £29k |
| 31/12/2021 | £40k | £29k |
| 31/12/2020 | £32k | £40k |
Common questions
Is CHRIST APOSTOLIC CHURCH VICTORY CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds totalled £130,360, which exceeds the trustees' stated target reserve level of £12,000. The charity reported a net expenditure of £38,912 against total incoming resources of £36,791, resulting in a decrease in total funds from £176,448 to £174,327. Its FY2024 accounts were independently examined.