DESTINY MINISTRIES INTERNATIONAL
The advancement of the Christian religion.
Objects
TO ADVANCE THE CHRISTIAN RELIGION IN ACCORDANCE WITH THE TENETS OF FAITH OUTLINED IN ACCORDANCE WITH ARTICLE IV. OF THE CONSTITUTION.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £97,219 are sufficient to meet the charity's policy target of two months of unrestricted expenditure. The charity reports a net incoming resource of £3,871 for the year, with total income decreasing by 9% compared to the prior year. The trustees confirm that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately two months of unrestricted charitable expenditure.” — page 4
“Pastor Yeboah is employed by the charity on a self employed basis and received £16,964 (2023 = £15,553) as the Resident Pastor of the charity.” — page 12
Policies the charity declares
- Risk management
- Safeguarding vulnerable beneficiaries
Trustees
- BENEDICT NDU SEABA
- BENJAMIN YEBOAH
- CECELIA OSEI-GYAWU
- NATASHA OWOH
- NONSO OWOH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £50k | £46k |
| 31/12/2023 | £55k | £38k |
| 31/12/2022 | £63k | £34k |
| 31/12/2021 | £47k | £32k |
| 31/12/2020 | £42k | £28k |
Common questions
Is DESTINY MINISTRIES INTERNATIONAL financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £97,219 are sufficient to meet the charity's policy target of two months of unrestricted expenditure. The charity reports a net incoming resource of £3,871 for the year, with total income decreasing by 9% compared to the prior year. The trustees confirm that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.