LEGACY NETWORK
# advancing & proclaiming the Christian faith & the gospel of God concerning His son Jesus Christ the Lord# preaching & teaching the Word of God according to the statement of fundamental truths of the Assemblies of God# furthering and proclaiming the work of AOG in the community to attain these objectives
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £609,440, which is well above the trustees' stated policy target of three months' administration and support costs. The independent examiner confirmed that accounting records were kept and the accounts accord with those records, with no matters causing concern.
What the accounts disclose
“Trustees' remuneration is paid in accordance with the charity's Articles of Association and is in respect of G E Jones and includes pension contributions of £2,933 (2023 - £2,826).” — page 19
Corporate structure
- Registered company of the charity Companies House 04705887
Company officers (Companies House)
- JONES, Samuel Isaac on trustee list
- KUPAHURASA, Stenly on trustee list
- NWOKOMA, Chinwe Ijeoma on trustee list
- BOTHAM, Graham on trustee list
- JONES, Grayson Edward, Rev on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (06/07/2023)
- Received assets from another charity (20/07/2022)
- Received assets from another charity (26/02/2015)
Trustees
- Grayson Joneschair
- Chinwe Nwokoma
- GRAHAM BOTHAM
- Samuel Jones
- Stenly Kupahurasa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £965k | £949k |
| 31/12/2023 | £812k | £843k |
| 31/12/2022 | £636k | £699k |
| 31/12/2021 | £582k | £526k |
| 31/12/2020 | £422k | £490k |
Common questions
Is LEGACY NETWORK financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £609,440, which is well above the trustees' stated policy target of three months' administration and support costs. The independent examiner confirmed that accounting records were kept and the accounts accord with those records, with no matters causing concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE CHURCH | 1 | £23k |
| THE HARPENDEN TRUST | 1 | £9k |
| SEEWAY TRUST | 1 | £2k |
| SUTTON CHRISTIAN CENTRE TRUST | 1 | £720 |
Charities like this
- ASSEMBLIES OF GOD INCORPORATED
- GLOBAL CHURCH OF GRACE MINISTRIES
- CHRIST APOSTOLIC CHURCH (GOSPEL GENERATION)
- THE REDEEMED CHRISTIAN CHURCH OF GOD, JUBILEE CHRISTIAN CENTRE WOLVERHAMPTON
- FAITH CHAPEL MINISTRIES OF THE PENTECOSTAL ASSEMBLIES OF THE WORLD
- STONELEIGH BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LEGACY NETWORK | £965k | — | 0 | above | — | no doubt |
| ASSEMBLIES OF GOD INCORPORATED | £3.5m | £80,001 - £90,000 | — | above | — | no doubt |
| GLOBAL CHURCH OF GRACE MINISTRIES | £194k | — | 0 | above | — | no doubt |
| CHRIST APOSTOLIC CHURCH (GOSPEL GENERATION) | £177k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, JUBILEE CHRISTIAN CENTRE WOLVERHAMPTON | £502k | — | 0 | unclear | — | no doubt |
| FAITH CHAPEL MINISTRIES OF THE PENTECOSTAL ASSEMBLIES OF THE WORLD | £154k | — | 0 | unclear | — | no doubt |