ASSEMBLIES OF GOD PENTECOSTAL CHURCH
a) To advance the Christian faith in accordance with the Statement; b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support;c) to advance education; all in ways and in parts of the UK or the world as the Church Council at times may think fit.
Financial health, per its FY2024 accounts
The accounts state that the charity holds sufficient reserves to cover ongoing expenses, with total unrestricted funds of £32,245 against an unofficial policy target of £12,000. The charity reported a net income surplus of £1,005 for the year, resulting in total net assets of £154,370. The trustees confirm that the financial statements are prepared on a going concern basis.
What the accounts disclose
“An officially agreed policy is under review. However, there is an unofficial policy equivalent to 3 months routine expenditure which based on 2024 and 2023 was £12,000.” — page 13
Trustees
- Dr Janet Elaine Palmer-Taylorchair
- Audley Black
- Daniel James Jonathan Iliffe
- Opeyemi Aketepe
- Priscillah Chiweshe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £51k |
| 31/12/2023 | £46k | £45k |
| 31/12/2022 | £45k | £40k |
| 31/12/2021 | £37k | £39k |
| 31/12/2020 | £31k | £38k |
Common questions
Is ASSEMBLIES OF GOD PENTECOSTAL CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds sufficient reserves to cover ongoing expenses, with total unrestricted funds of £32,245 against an unofficial policy target of £12,000. The charity reported a net income surplus of £1,005 for the year, resulting in total net assets of £154,370. The trustees confirm that the financial statements are prepared on a going concern basis. Its FY2024 accounts were independently examined.