HOUSE ON THE ROCK INTERNATIONAL CHURCH (BERMONDSEY)
Operating in Greater London.Religious Activities.Children/Young People.Elderly/Old People.General Public/Mankind.Makes grants to organisations.Provides servicesProvides Advocacy/advice/information.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £10,185 for the year ended 31 December 2024, resulting in total unrestricted funds of £83,123. The trustees confirm that the charity is in a strong position to continue its activities and that unrestricted funds are adequately maintained to cover management and emergency costs. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Donations received 232,344” — page 7
“It is then the policy of the church to maintain unrestricted funds which are the free reserves at a level that equates to appropriate two-three month’s unrestricted expenditure.” — page 16
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2023) to "above" (FY2024).
Trustees
- REVEREND IRENE OMOLOLA OYEBADEchair
- MINISTER GBEMISOLA ADEWUNMI ODUSANWO
- PASTOR GIDEON ODARTEY LAMPTEY
- PASTOR MARGARET BANKOLE
- PETER BECKLEY
- Rev BABATUNDE BAMIDELE PAUL OGEDENGBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £300k | £289k |
| 31/12/2023 | £280k | £327k |
| 31/12/2022 | £324k | £312k |
| 31/12/2021 | £283k | £265k |
| 31/12/2020 | £309k | £240k |
Common questions
Is HOUSE ON THE ROCK INTERNATIONAL CHURCH (BERMONDSEY) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £10,185 for the year ended 31 December 2024, resulting in total unrestricted funds of £83,123. The trustees confirm that the charity is in a strong position to continue its activities and that unrestricted funds are adequately maintained to cover management and emergency costs. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.
Funders of similar charities
Charities like this
- NEW COVENANT CHURCH BERMONDSEY
- Church Homeless Charity
- REDEEMED CHRISTIAN CHURCH OF GOD - (RCCG) DOMINION PARISH HOUNSLOW
- POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WANDSWORTH CHURCH
- ABBEY ROAD BAPTIST CHURCH
- THE CORPORATION OF THE CHURCH HOUSE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOUSE ON THE ROCK INTERNATIONAL CHURCH (BERMONDSEY) | £300k | — | 0 | above | — | no doubt |
| NEW COVENANT CHURCH BERMONDSEY | £447k | — | 0 | unclear | — | no doubt |
| Church Homeless Charity | £421k | — | 0 | above | 19.0% | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD - (RCCG) DOMINION PARISH HOUNSLOW | £136k | — | 0 | above | — | no doubt |
| POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WANDSWORTH CHURCH | £435k | £70,000 - £79,999 | 1 | above | — | no doubt |
| ABBEY ROAD BAPTIST CHURCH | £293k | — | — | unclear | — | no doubt |