APOSTOLIC CHRISTIAN CHURCH (SHEEPFOLD)
To advance the Christian faith and relieve persons in hardship or distress
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £24,180 for the year ended 31 December 2024, following a decrease in income to £251,658. Despite the deficit, total unrestricted funds increased to £1,734,048, supported by a significant revaluation gain of £617,207 on the freehold church building. The trustees confirm that the going concern basis is appropriate, citing continued support from the congregation.
What the accounts disclose
“This level is deemed as being approximately two months’ expenditure, which is not considered excessive.” — page 6
“One of the two employees (P Efstathiou) is a trustee and her remuneration was £77448 (2023: £76447). She receives remuneration for her role as Senior Pastor and not for her role as a trustee.” — page 12
“The Church rents office space to another Charity, Community Heart (London). Two of the trustees of the Church (P Efstathiou and M Constantinou) and Archbishop C C Evangelou are also trustees of this charity. During the year the Church received £1000 in rent (2023: £500).” — page 14
“During the year the Church received donations totalling £4070 (2023: £6120) from Ethical Financial Planning Limited. This is a company controlled by trustee, A Sotiriou.” — page 15
“The Church rents office space to another Charity, Community Heart (London). Two of the trustees of the Church (P Efstathiou and M Constantinou) and Archbishop C C Evangelou are also trustees of this charity. During the year the Church received £1000 in rent (2023: £500).” — page 14
“During the year the Church received donations totalling £4070 (2023: £6120) from Ethical Financial Planning Limited. This is a company controlled by trustee, A Sotiriou.” — page 15
Trustees
- PANAYIOTA EFSTATHIOUchair
- ANDREW GEORGIOU
- ANDREW SOTIRIOU
- MARIOS CONSTANTINOU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £252k | £276k |
| 31/12/2023 | £257k | £299k |
| 31/12/2022 | £258k | £262k |
| 31/12/2021 | £246k | £216k |
| 31/12/2020 | £281k | £170k |
Common questions
Is APOSTOLIC CHRISTIAN CHURCH (SHEEPFOLD) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £24,180 for the year ended 31 December 2024, following a decrease in income to £251,658. Despite the deficit, total unrestricted funds increased to £1,734,048, supported by a significant revaluation gain of £617,207 on the freehold church building. The trustees confirm that the going concern basis is appropriate, citing continued support from the congregation. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Teesside Charity | 1 | £5k |
Charities like this
- CHRIST APOSTOLIC CHURCH
- THE REDEEMED CHRISTIAN CHURCH OF GOD ARK OF GOD PARISH
- THE APOSTLES' CONTINUATION CHURCH INTERNATIONAL UK
- AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY
- THE APOSTOLIC CHURCH
- STOCKTON BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| APOSTOLIC CHRISTIAN CHURCH (SHEEPFOLD) | £252k | — | — | unclear | — | no doubt |
| CHRIST APOSTOLIC CHURCH | £189k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD ARK OF GOD PARISH | £102k | — | 0 | above | — | no doubt |
| THE APOSTLES' CONTINUATION CHURCH INTERNATIONAL UK | £364k | — | 0 | above | — | no doubt |
| AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY | £105k | — | 0 | below | — | no doubt |
| THE APOSTOLIC CHURCH | £6.4m | — | 0 | unclear | — | no doubt |