CHRIST APOSTOLIC CHURCH (GOSPEL GENERATION)
PROPAGATION OF THE GOSPEL OF OUR LORD AND SAVIOUR JESUS CHRIST.CHANGING GENERATION WITH A HEART FOR GODIMPARTING LIVES, INFLUENCING COMMUNITIES
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £2,040,626 to £2,080,869, reflecting a net incoming resource of £40,243 against total expenditure of £136,920. The charity holds significant unrestricted reserves with no restricted funds or long-term liabilities reported. The independent examiner confirmed that the accounts give a true and fair view and no matters required attention for proper understanding.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Rev Adekunle Ayenichair
- Akindele Bakarey
- Evangelist FLORENCE FUNKE ADEYEMI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £177k | £137k |
| 31/12/2023 | £172k | £136k |
| 31/12/2022 | £210k | £123k |
| 31/12/2021 | £220k | £111k |
| 31/12/2020 | £156k | £127k |
Common questions
Is CHRIST APOSTOLIC CHURCH (GOSPEL GENERATION) financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased from £2,040,626 to £2,080,869, reflecting a net incoming resource of £40,243 against total expenditure of £136,920. The charity holds significant unrestricted reserves with no restricted funds or long-term liabilities reported. The independent examiner confirmed that the accounts give a true and fair view and no matters required attention for proper understanding. Its FY2024 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHRIST APOSTOLIC CHURCH (GOSPEL GENERATION) | £177k | — | 0 | unclear | — | no doubt |
| THE APOSTOLIC FAITH MISSION INTERNATIONAL MINISTRIES UK | £184k | — | 0 | unclear | — | no doubt |
| CHRIST APOSTOLIC CHURCH (OUTREACH) | £412k | — | 0 | unclear | — | no doubt |
| THE APOSTLES' CONTINUATION CHURCH INTERNATIONAL UK | £364k | — | 0 | above | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD CHAPEL OF GLORY INTERNATIONAL | £114k | — | 0 | above | — | no doubt |
| THE PENTECOSTAL CHURCH | £106k | — | 0 | unclear | — | no doubt |