Charity Accounts Intelreading the accounts so you don’t have to

GOSPEL ASSEMBLY CHURCH

Registered charity 1107259 · accounts filings on the Charity Commission register

Propagation of the Gospel holding services every Wednesday, Friday and Sunday. The Church also holds a beginners course on Wednesday's.The Church also serves a community lunch every Thursday to the local community.The Church supports asylum seekers who have no recourse to public funds until their cases are decided.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · Religious Activities · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£64k
Latest spending
£37k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased to £248,415, with a net surplus of £27,493 for the year. The trustees report that resources are sufficient for medium-term operation, contingent on continued member support. No material uncertainties or going concern issues were identified.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient funds to cover management and administration and support costs (held: £248k)
“It is the policy of the charity to maintain unrestricted funds at a level which provides sufficient funds to cover management and administration and support costs.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Some trustees were paid under PAYE Schemes
“Some trustees were paid under PAYE Schemes” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £500k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£64k£37k
31/12/2023£63k£27k
31/12/2022£61k£27k
31/12/2021£60k£32k
31/12/2020£64k£14k

Common questions

Is GOSPEL ASSEMBLY CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds increased to £248,415, with a net surplus of £27,493 for the year. The trustees report that resources are sufficient for medium-term operation, contingent on continued member support. No material uncertainties or going concern issues were identified. Its FY2024 accounts were independently examined.