THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH
Financial health, per its FY2025 accounts
The accounts state that the charity recorded an operating surplus of £19,761 for the year ended 31st December 2025, with total income of £241,980 against total expenditure of £222,220. Per the trustees' report, unrestricted funds carried forward were £117,937, while restricted funds stood at £720,000. The trustees maintain a reserve policy aiming to hold three months of unrestricted expenditure, noting that robust budgetary controls are in place to monitor costs.
What the accounts disclose
“The Trustees aim to retain sufficient free reserves at a level which equate to three months of unrestricted expenditure.” — page 4
Trustees
- EVANGELIST ADENIYI ADENUGAchair
- Dr Oluwasola Lawal
- FLORENCE AGIRI
- OLUFUNMILAYO AGBEKE ADENUGA
- OLUSEGUN MOSES OLOGUNWA
- OLUWAFEMI ANIMASHAUN MR
- PETER OLUWAFEMI ADENUGA
- SAMSON TAIWO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £242k | £222k |
| 31/12/2024 | £172k | £144k |
| 31/12/2023 | £94k | £96k |
| 31/12/2022 | £45k | £52k |
| 31/12/2021 | £32k | £55k |
Common questions
Is THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH financially healthy?
The accounts state that the charity recorded an operating surplus of £19,761 for the year ended 31st December 2025, with total income of £241,980 against total expenditure of £222,220. Per the trustees' report, unrestricted funds carried forward were £117,937, while restricted funds stood at £720,000. The trustees maintain a reserve policy aiming to hold three months of unrestricted expenditure, noting that robust budgetary controls are in place to monitor costs. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |
| ERSKINE MUTON TRUST FUND | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARK, HOLBROOK | 1 | £3k |
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