GRACE MINISTRY, LONDON
propagation of the good news of our Lord Jesus Christ all over the world
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)”
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 | above | — | no doubt |