BANGOR PENTECOSTAL CHURCH
The Charity runs a Church called AOG (Bangor) Pentecostal ChurchThe charity also runs 18 charity shops for the purpose of supporting Orphanages, widows, street children etc at various part of world. The charity also supports other charity's and also provides employment for the local people. Every week the church also feeds the homeless in the community.
Financial health, per its FY2024 accounts
The accounts state that the charity held total unrestricted reserves of £13,154 at the end of the year, a decrease from the previous year's £10,093. The trustees' report indicates that the charity's policy is to retain sufficient funds to meet immediate needs, which it was able to do during the year. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charity to retain sufficient funds to meet its immediate needs” — page 5
“One trustee, Reverend Pauline Edwards, was paid £48,750 (2023: £45,000) in her capacity as pastor of the church.” — page 22
“During the year, the charity received donations of £53,633 (2023: £42,081) from trustees, of which £5,000 was restricted.” — page 25
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Baleseng Modubu
- Dr Thomas DaCruz
- George Benjamin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £711k | £714k |
| 31/12/2023 | £610k | £603k |
| 31/12/2022 | £613k | £640k |
| 31/12/2021 | £624k | £610k |
| 31/12/2020 | £603k | £620k |
Common questions
Is BANGOR PENTECOSTAL CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity held total unrestricted reserves of £13,154 at the end of the year, a decrease from the previous year's £10,093. The trustees' report indicates that the charity's policy is to retain sufficient funds to meet immediate needs, which it was able to do during the year. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Alexander Bursk Limited.
Charities like this
- PENRALLT BAPTIST CHURCH, BANGOR
- BENTLEY PENTECOSTAL ASSEMBLY OF GOD CHURCH
- CARLTON PENTECOSTAL CHURCH
- THE PENTECOSTAL CHURCH OF MANGEMBO
- BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR
- PENIEL PENTECOSTAL CHURCH LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BANGOR PENTECOSTAL CHURCH | £711k | — | 0 | above | — | no doubt |
| PENRALLT BAPTIST CHURCH, BANGOR | £150k | — | 0 | below | — | no doubt |
| BENTLEY PENTECOSTAL ASSEMBLY OF GOD CHURCH | £314k | — | 0 | unclear | — | noted |
| CARLTON PENTECOSTAL CHURCH | £741k | Under £60,000 | 0 | unclear | — | no doubt |
| THE PENTECOSTAL CHURCH OF MANGEMBO | £240k | — | 0 | unclear | — | no doubt |
| BANGOR DIOCESAN BOARD OF FINANCE BWRDD CYLLID ESGOBAETH BANGOR | £4.2m | — | — | unclear | — | no doubt |