THE STONE CHURCH MINISTRIES
Apart from educating & teaching of members to live an exemplary life reflecting the life of our saviour & Lord Jesus Christ, we seek to aleviate suffering not only of members but needy residents in the wider communities by participating in Feed the Hungry and Premier Radio Initiatives. We also support giving out financial aids to countries facing challenges as a result of natural disasters.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £15,038 for the year ended 31st March 2025, with total incoming resources of £55,784 against expenditures of £40,746. Per the balance sheet, unrestricted funds increased to £20,784, and the independent examiner reported no matters requiring attention, indicating stable financial operations.
What the accounts disclose
Trustees
- PASTOR ALEX ADEGBOYEchair
- Ephraim Olumewo
- PASTOR YOMI OLOWOYO
- Rev Victor Amosun
- WALE ADELAJA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £53k | £56k |
| 31/03/2025 | £56k | £41k |
| 31/03/2024 | £38k | £32k |
| 31/03/2023 | £25k | £22k |
| 31/03/2022 | £22k | £18k |
Common questions
Is THE STONE CHURCH MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £15,038 for the year ended 31st March 2025, with total incoming resources of £55,784 against expenditures of £40,746. Per the balance sheet, unrestricted funds increased to £20,784, and the independent examiner reported no matters requiring attention, indicating stable financial operations. Its FY2025 accounts were independently examined.
Who funds THE STONE CHURCH MINISTRIES?
Funders whose own accounts filings name THE STONE CHURCH MINISTRIES as a grant recipient include E3 INITIATIVE.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| E3 INITIATIVE | FY2023 | £11k | |
| E3 INITIATIVE | FY2022 | £7k | |
| E3 INITIATIVE | FY2024 | £6k | |
| E3 INITIATIVE | FY2025 | £3k | Grant to institution |