Charity Accounts Intelreading the accounts so you don’t have to

MYOKE TRUST

Registered charity 1081031 · accounts filings on the Charity Commission register · also known as FARNWORTH CHRISTIAN FELLOWSHIP

Christian Church - for the promotion of Missions based on Biblical values

Causes: General Charitable Purposes · Education/training · Overseas Aid/famine Relief · Religious Activities · website · Get email alerts

Latest income
£59k
Latest spending
£66k
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £6,459 for the year, reducing total funds from £261,693 to £255,234. Despite this deficit, the trustees confirmed the charity has adequate resources to continue as a going concern. The charity holds unrestricted reserves of £254,764 against a stated policy target of £5,000.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“Donations and legacies $9,422 - 59,422” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £5,000 (held: £255k)
“The trustees attempt to maintain liquid reserves of £5,000 as working capital for the forthcoming year.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Pastor J Daniel-Sam received £18,000 remuneration.
“Trustee's remuneration paid to J Daniel-Sam amounted to £18,000 for his services as Pastor during the year ended 31 December 2024 (2023 - £18,000).” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Pastor J Daniel-Sam is a trustee. The charity owed him £28,180 at the balance sheet date, which he agreed not to withdraw until sufficient cashflow exists.
“At the balance sheet date the charity owed Pastor J Daniel-Sam £28,180 (2023 - £27,203) who has agreed not to withdraw these monies until the charity has sufficient cashflow for him to do so. The amount is included within creditors due within one year.” — page 13
“The charity also owed trustee H C Daniel-Sam £497 (2023 - £1,597) at the balance sheet date which is included within creditors due within one year.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee H C Daniel-Sam was owed £497 at the balance sheet date.
“At the balance sheet date the charity owed Pastor J Daniel-Sam £28,180 (2023 - £27,203) who has agreed not to withdraw these monies until the charity has sufficient cashflow for him to do so. The amount is included within creditors due within one year.” — page 13
“The charity also owed trustee H C Daniel-Sam £497 (2023 - £1,597) at the balance sheet date which is included within creditors due within one year.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bolton · Bury · Manchester City · Oldham · Rochdale · Salford City · Stockport · Tameside · Trafford · Wigan

Income and spending

Financial year endIncomeSpending
31/12/2024£59k£66k
31/12/2023£101k£76k
31/12/2022£67k£62k
31/12/2021£67k£67k
31/12/2020£50k£68k

Common questions

Is MYOKE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £6,459 for the year, reducing total funds from £261,693 to £255,234. Despite this deficit, the trustees confirmed the charity has adequate resources to continue as a going concern. The charity holds unrestricted reserves of £254,764 against a stated policy target of £5,000. Its FY2024 accounts were independently examined.