ELAM MINISTRIES
Bible training and education, Women's ministry, Scripture printing and distribution, Books & resources, Media, Advocacy and Relief.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £202,552 for the year ended 31 December 2023, driven by reduced incoming resources compared to the previous year. Per the trustees' report, unrestricted reserves stood at £3,843,811, which exceeds the stated policy target of covering 3 to 6 months of operational expenditure (estimated at £140,000 per month). The charity maintains sufficient liquidity with unrestricted funds not committed to tangible fixed assets well above the minimum threshold.
What the accounts disclose
“The Trustees have established a policy to reserve enough cash (unrestricted funds not committed or invested in tangible fixed assets), to cover at least 3 to 6 months' worth of operational expenditure. This has been estimated at £140,000 per month, to cover basic salaries, committed event costs, other creditors, and building overheads.” — page 6
“A daughter of Trustee R Roshanzamir is an employee of the charity and receives a salary for her role.” — page 26
“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 26
“A daughter of Trustee R Roshanzamir is an employee of the charity and receives a salary for her role.” — page 26
“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 26
“A daughter of Trustee R Roshanzamir is an employee of the charity and receives a salary for her role.” — page 26
“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 26
“A daughter of Trustee R Roshanzamir is an employee of the charity and receives a salary for her role.” — page 26
“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 26
“A daughter of Trustee R Roshanzamir is an employee of the charity and receives a salary for her role.” — page 26
“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 26
Corporate structure
- Registered company of the charity Companies House 04594727
Leadership, per the charity’s website
- David Yeghnazar — Executive Director
Company officers (Companies House)
- BROWN, Lindsay, Dr. on trustee list
- DEVARAJ, Kuniyal Kandi on trustee list
- WORTON, Roland on trustee list
- YEGHNAZAR, David Ara on trustee list
- KUHN, Alexia, Mrs. on trustee list
- YEGHNAZAR, Samuel, Rev. not on trustee list
Property (HM Land Registry)
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?
Per its FY2023 accounts: The accounts state that the charity reported a net deficit of £202,552 for the year ended 31 December 2023, driven by reduced incoming resources compared to the previous year. Per the trustees' report, unrestricted reserves stood at £3,843,811, which exceeds the stated policy target of covering 3 to 6 months of operational expenditure (estimated at £140,000 per month). The charity maintains sufficient liquidity with unrestricted funds not committed to tangible fixed assets well above the minimum threshold. Its FY2023 accounts were audited by Bennewith 2018 Limited.
Who funds ELAM MINISTRIES?
Funders whose own accounts filings name ELAM MINISTRIES as a grant recipient include THE PG & NJ BOULTON TRUST LIMITED, MOSAIC CHURCH LIMITED, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST SIMON ZELOTES UPPER CHELSEA, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST. MICHAEL AND ALL ANGELS WESTCLIFF, THORNBURY BAPTIST CHURCH.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FOUNTAIN OF CHESSED LIMITED | 1 | £67k |
| The Caring Family Foundation | 1 | £39k |
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £20k |
| HAROFEH DONATIONS LIMITED | 1 | £16k |
| THE CHILLAG FAMILY CHARITABLE TRUST | 1 | £14k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE EDGBASTON BIRMINGHAM | 1 | £13k |
| SOCIETY OF THE HOLY CHILD JESUS CIO | 1 | £10k |
| THE MIDDLETON FOUNDATION | 1 | £9k |
Charities like this
- GILBERT DEYA MINISTRIES
- WORD OF LIFE MINISTRIES UK LIMITED
- GOVERNANCE MINISTRIES
- NEW COVENANT MINISTRIES
- THE ELM FOUNDATION LTD
- BETHEL MINISTRIES TELUGU CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ELAM MINISTRIES | £2.8m | — | 0 | above | — | no doubt |
| GILBERT DEYA MINISTRIES | £28k | Under £60,000 | 0 | unclear | — | no doubt |
| WORD OF LIFE MINISTRIES UK LIMITED | £163k | — | 0 | unclear | — | no doubt |
| GOVERNANCE MINISTRIES | £7.6m | £70,001 - £80,000 | 2 | above | — | no doubt |
| NEW COVENANT MINISTRIES | £128k | £17,194 | 0 | unclear | — | no doubt |
| THE ELM FOUNDATION LTD | £2.1m | — | 0 | unclear | — | no doubt |