CHRIST APOSTOLIC CHURCH (OUTREACH)
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £1,079,769 to £1,176,188 during the year, driven by net income of £96,419. The charity holds significant tangible fixed assets valued at £1,413,172, offset by long-term liabilities of £397,702. The independent examiner confirmed that accounting records were kept and accounts accorded with those records, with no material concerns raised.
What the accounts disclose
Trustees
- PASTOR AMOS ODUNAYO FASHINAchair
- ELDER ADEDEJI OLALEYE
- ELDER MICHEAL AFOLABI
- ELDER OLUBISI S AKINYEMI
- ELDER OLUGBENGA BABATOLA
- ELDER SAMSON AWORINDE
- ELDER SUNDAY AJILORE
- MICHAEL ADEBAYO AJAYI
- Rev ENOCK BUNMI FASHINA
- Rev JOSEPH ADEWUYI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £412k | £315k |
| 31/12/2023 | £381k | £319k |
| 31/12/2022 | £345k | £355k |
| 31/12/2021 | £337k | £313k |
| 31/12/2020 | £365k | £262k |
Common questions
Is CHRIST APOSTOLIC CHURCH (OUTREACH) financially healthy?
The accounts state that unrestricted funds increased from £1,079,769 to £1,176,188 during the year, driven by net income of £96,419. The charity holds significant tangible fixed assets valued at £1,413,172, offset by long-term liabilities of £397,702. The independent examiner confirmed that accounting records were kept and accounts accorded with those records, with no material concerns raised. Its FY2024 accounts were independently examined.
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