GRACE MINISTRY, LONDON
propagation of the good news of our Lord Jesus Christ all over the world
Objects
THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £4,086 in the prior year but achieved a net income surplus of £8,553 in the current year. However, the charity's total unrestricted funds remain negative at £86,470, indicating that total liabilities exceed total assets. The balance sheet shows net current liabilities of £45,461, reflecting ongoing creditor pressures despite the recent operational surplus.
What the accounts disclose
“Donations and legacies 263,997”
“Raising funds 121,357”
“TOTAL FUNDS CARRIED FORWARD (86,470)”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Rev ADE EMMANUEL
- Rev Emeka Austin Chibuike
- TYRESE J Emmanuel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £328k | £319k |
| 31/03/2024 | £303k | £307k |
| 31/03/2023 | £271k | £268k |
| 31/03/2022 | £227k | £226k |
| 31/03/2021 | £282k | £283k |
Common questions
Is GRACE MINISTRY, LONDON financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £4,086 in the prior year but achieved a net income surplus of £8,553 in the current year. However, the charity's total unrestricted funds remain negative at £86,470, indicating that total liabilities exceed total assets. The balance sheet shows net current liabilities of £45,461, reflecting ongoing creditor pressures despite the recent operational surplus.
Charities like this
- GRACE TO GRACE INTERNATIONAL CENTRE
- GLOBAL CHURCH OF GRACE MINISTRIES
- GRACE LONDON
- CHRISTS TEMPLE OF RESURRECTION MINISTRIES TRUST
- GRACE BAPTIST CHARITIES LIMITED
- The Place of Grace UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GRACE MINISTRY, LONDON | £328k | — | 0 | below | 37.0% | no doubt |
| GRACE TO GRACE INTERNATIONAL CENTRE | £330k | — | 0 | unclear | — | no doubt |
| GLOBAL CHURCH OF GRACE MINISTRIES | £194k | — | 0 | above | — | no doubt |
| GRACE LONDON | £1.1m | — | — | above | — | no doubt |
| CHRISTS TEMPLE OF RESURRECTION MINISTRIES TRUST | £212k | — | 0 | unclear | — | no doubt |
| GRACE BAPTIST CHARITIES LIMITED | £226k | — | 0 | unclear | — | no doubt |