CENTRAL PENTECOSTAL CHURCH
The advancement of the christian religion by preaching and teaching the gospel of Jesus Christ as proclaimed by the Word of God and in accordance with the belief statements held and approved by the council of the Assemblies of God in Britain.
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash reserves were £56,107 at year-end, exceeding the trustees' stated policy target of £45,000. The charity reported a net decrease in funds of £20,894 due to significant payments, including a £100,000 loan to Green Pastures, while total assets stood at £306,107.
What the accounts disclose
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £45,000 (which equates to roughly a year of unrestricted expenditure)” — page 4
“William Morson served as a church leader and was paid £18,964 [2023: £18,723] for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document. No payments were made to any other trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.” — page 9
Trustees
- WILLIAM MORSONchair
- ANN ROBERTS
- Emmanuel Kainessie
- Lynda Roberts
- UCHE ONYEADOR-AGOMOH
- Victoria Ordsmith
- Wilfried Tchangoue
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £34k | £55k |
| 31/12/2023 | £51k | £143k |
| 31/12/2022 | £38k | £40k |
| 31/12/2021 | £24k | £189k |
| 31/12/2020 | £34k | £38k |
Common questions
Is CENTRAL PENTECOSTAL CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash reserves were £56,107 at year-end, exceeding the trustees' stated policy target of £45,000. The charity reported a net decrease in funds of £20,894 due to significant payments, including a £100,000 loan to Green Pastures, while total assets stood at £306,107. Its FY2024 accounts were independently examined.