CHRIST APOSTOLIC CHURCH (VICTORY CENTRE)
CAC Victory Centre vision is to nurture and equip an assembly of believers through the ministry of the Word of God. The activities include Youths' fellowship, Counselling, Evangelistic Outreach, Music Rehearsals. Main Meetings: Wednesday: Bible Study/ Counselling @7.30pm. 1st & 3rd Fridays Breakthrough Service- 7.30pmSunday Service @ 1.00-3.30pm. c/o St James Church, New Cross Gate SE14 6AD
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £9,012 for the year ended 31 March 2025, with total unrestricted funds of £93,663. The trustees note that the going concern basis is dependent on the future flow of uncertain funding streams, specifically voluntary donations and grant aid.
What the accounts disclose
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 17
“Christ Apostolic Church the main headquarters of all CAC branches. During the year, the church paid institutional grants to London Districts Co-ordinating Council as stated in the account.” — page 22
Trustees
- PASTOR PETER OGUNTIMEHINchair
- DR Joel Popoola Ajayi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £60k | £51k |
| 31/03/2024 | £50k | £52k |
| 31/03/2023 | £90k | £57k |
| 31/03/2022 | £49k | £43k |
| 31/03/2021 | £42k | £33k |
Common questions
Is CHRIST APOSTOLIC CHURCH (VICTORY CENTRE) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £9,012 for the year ended 31 March 2025, with total unrestricted funds of £93,663. The trustees note that the going concern basis is dependent on the future flow of uncertain funding streams, specifically voluntary donations and grant aid. Its FY2025 accounts were independently examined.