GOODNEWS BIBLE CHURCH
Religious activitiesCommunity Organisation incorporated as company limited by guarantee
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £17,753 for the year ended 30 November 2024, a significant increase from the £5,157 deficit in the prior year. Per the balance sheet, unrestricted reserves decreased from £51,996 to £34,243, while the charity maintained net current assets of £65,260 against short-term creditors of £710.
What the accounts disclose
Trustees
- ADEDAPO OSHINOWO
- Chika Amadi
- ELAINE JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £101k | £86k |
| 30/11/2024 | £93k | £111k |
| 30/11/2023 | £97k | £103k |
| 30/11/2022 | £119k | £82k |
| 30/11/2021 | £117k | £84k |
Common questions
Is GOODNEWS BIBLE CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £17,753 for the year ended 30 November 2024, a significant increase from the £5,157 deficit in the prior year. Per the balance sheet, unrestricted reserves decreased from £51,996 to £34,243, while the charity maintained net current assets of £65,260 against short-term creditors of £710. Its FY2024 accounts were independently examined.