IGEM CHRIST COVENANT CHURCH
We conduct church services on weekdays and every sundays. We undertake various projects for relief of poverty amongst the less privilege members of the society.
Objects
THE CHARITY'S OBJECTS ("THE OBJECTS") ARE:-"TO ADVANCE THE CHRISTIAN RELIGION IN PARTICULAR, BUT NOT BY WAY OF LIMITATION, BY HOLDING SERVICES AND REVIVALS AND TO RELIEVE POVERTY, SICKNESS AND DISTRESS IN ACCORDANCE WITH CHRISTIAN PRINCIPLES."
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £69,636, while total net assets rose to £153,066. The trustees' report indicates a reserves policy targeting 4-5 months of budgeted expenditure, and the independent examiner confirmed no material issues were found. The charity reports no material uncertainties regarding its ability to continue operating.
What the accounts disclose
“The policy is normally that the balance in the General Fund should cover 4-5 months of budgeted expenditure.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- CATHERINE ADELEKE
- FELICIA AYINKE OJOTISA
- PROPHET TIMOTHY IFEOLUWA OJOTISA
- SAMUEL TOPE MIRIKI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £95k | £73k |
| 30/04/2024 | £81k | £41k |
| 30/04/2023 | £64k | £30k |
| 30/04/2022 | £53k | £33k |
| 30/04/2021 | £22k | £26k |
Common questions
Is IGEM CHRIST COVENANT CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £69,636, while total net assets rose to £153,066. The trustees' report indicates a reserves policy targeting 4-5 months of budgeted expenditure, and the independent examiner confirmed no material issues were found. The charity reports no material uncertainties regarding its ability to continue operating. Its FY2025 accounts were independently examined.