ELAM MINISTRIES
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net expenditure of £43,883 for the year ended 31 December 2022, primarily due to a decrease in UK grant income. Total funds carried forward stood at £4,853,245, with unrestricted funds of £3,823,038, which the trustees note is mainly represented by tangible fixed assets. The trustees have established a reserves policy to hold cash covering 3 to 6 months of operational expenditure, estimated at £140,000 per month.
What the accounts disclose
“A daughter of Trustee R Roshanzamir is an employee of the charity and receives a salary for her role.”
“One daughter and a daughter-in-law of Trustee S Yeghnazar are employees of the the charity and receive salaries for their roles. These employees are also the sister and wife of Trustee D Yeghnazar.” — page 27
“A daughter of Trustee R Roshanzamir is an employee of the charity and receives a salary for her role.”
“One daughter and a daughter-in-law of Trustee S Yeghnazar are employees of the the charity and receive salaries for their roles. These employees are also the sister and wife of Trustee D Yeghnazar.” — page 27
Corporate structure
- Registered company of the charity Companies House 04594727
Leadership, per the charity’s website
- David Yeghnazar — Executive Director
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (27/04/2026)
Trustees
- ALEXIA KUHN
- David Ara Yeghnazar
- Kuniyal Kandi Devaraj
- Lindsay Brown
- MR R ROSHANZAMIR
- MR S YEGHNAZAR
- Roland Worton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.8m | £3.1m |
| 31/12/2023 | £2.5m | £2.7m |
| 31/12/2022 | £3.1m | £3.1m |
| 31/12/2021 | £3.5m | £2.9m |
| 31/12/2020 | £3.4m | £2.9m |
Common questions
Is ELAM MINISTRIES financially healthy?
The accounts state that the charity reported a net expenditure of £43,883 for the year ended 31 December 2022, primarily due to a decrease in UK grant income. Total funds carried forward stood at £4,853,245, with unrestricted funds of £3,823,038, which the trustees note is mainly represented by tangible fixed assets. The trustees have established a reserves policy to hold cash covering 3 to 6 months of operational expenditure, estimated at £140,000 per month. Its FY2022 accounts were audited by Bennewith 2018 Limited.
Who funds ELAM MINISTRIES?
Funders whose own accounts filings name ELAM MINISTRIES as a grant recipient include MOSAIC CHURCH LIMITED, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST SIMON ZELOTES UPPER CHELSEA, The Parochial Church Council of Godalming Minster, THE NEW LIFE CHURCH, WOKING, THE PARISH OF SAINT PAUL'S HOWELL HILL WITH SAINT BARNABAS EPSOM.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £106k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| CHASEHAWK LIMITED | 1 | £65k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| DONATING CHARITY LIMITED | 1 | £18k |
| BETTENHURST CHARITY LIMITED | 1 | £0 |