Lightcity Church
PREACH THE GOSPEL, PROVIDE FOR CHRISTIAN FELLOWSHIP/ASSEMBLYPROVIDE COUNSELLING SERVICESFINANCIAL MANAGEMENT TRAININGFAMILY LIFE ENHANCEMENT PROGRAMMESRELIEF SERVICESBERIEVEMENT SUPPORTYOUTH DEVELOPMENTCHILDREN SUNDAY BIBLE CLASSHEALTH EDUCATION AND SCREENINGEDUCATION AND CAREER DEVELOPMENTINTERNATIONAL CHARITABLE/ MISSIONARY PROJECTSALLEVIATE POVERTY THROUGH FINANCIAL AID
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £33,062 at the end of the financial year, representing an increase from the prior year's £25,663. The trustees confirm that the charity does not currently have a formal reserves policy but consider the current level prudent for future sustainability and premises acquisition. The independent examiner confirmed that the accounts accord with the accounting records and comply with applicable regulations.
What the accounts disclose
“Rev. David Kwakye-Saka, a trustee, received stipend payments totalling £4,800.80 during the year.” — page 16
“Mrs Emelia Kwakye-Saka, a trustee, received an honorarium of £350 for services provided to the church in connection with preaching and ministry activities.” — page 16
“Rev. David Kwakye-Saka, a trustee, received stipend payments totalling £4,800.80 during the year.” — page 16
“Mrs Emelia Kwakye-Saka, a trustee, received an honorarium of £350 for services provided to the church in connection with preaching and ministry activities.” — page 16
Trustees
- Rev DAVID KWAKYE - SAKAchair
- EMELIA KWAKYE-SAKA
- Emmanuel Attuquayefio
- Timothy Krolak
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £36k | £29k |
| 31/12/2023 | £27k | £34k |
| 31/12/2022 | £23k | £13k |
| 31/12/2021 | £18k | £10k |
| 31/12/2020 | £18k | £13k |
Common questions
Is Lightcity Church financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £33,062 at the end of the financial year, representing an increase from the prior year's £25,663. The trustees confirm that the charity does not currently have a formal reserves policy but consider the current level prudent for future sustainability and premises acquisition. The independent examiner confirmed that the accounts accord with the accounting records and comply with applicable regulations. Its FY2024 accounts were independently examined.