HOPE ASSEMBLY
The Church continued its programme of services and activities designed to build up the membership and to reach others, particularly those in need, with the good news of the gospel.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £2,590 for the year ended 31 March 2025, resulting in unrestricted net assets of £(29,104). The trustees confirmed the charity remains solvent and is prepared on a going concern basis, although the general reserve policy target was not met.
What the accounts disclose
“This general reserve policy has not been met this year”
“Pastor Thomas Alamu, a trustee was paid £9,900 (2023, £10,800) in his capacity as the head pastor of the Church as permitted by the governing document.” — page 16
Property (HM Land Registry)
Trustees
- DELE AKINRIN LLB
- EUNICE ALAMU
- JOHNSON OGUNDIJO-AKINFENWA
- Rev THOMAS ALAMU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £66k | £69k |
| 31/03/2024 | £71k | £77k |
| 31/03/2023 | £66k | £64k |
| 31/03/2022 | £59k | £78k |
| 31/03/2021 | £56k | £41k |
Common questions
Is HOPE ASSEMBLY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £2,590 for the year ended 31 March 2025, resulting in unrestricted net assets of £(29,104). The trustees confirmed the charity remains solvent and is prepared on a going concern basis, although the general reserve policy target was not met. Its FY2025 accounts were independently examined.