BALM OF GILEAD WORLD MINISTRIES TRUST
(i) to advance the Christian faith (in accordance with the statement of beliefs) in such ways and in such partsof the United Kingdom or the world as the trustees from time to time may think fit; to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind; to advance education in parts of UK or the World.
Objects
1. TO ADVANCE THE CHRISTIAN FAITH (IN ACCORDANCE WITH THE STATEMENT OF BELIEFS) IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT;2. TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT; AND3 TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £32,947, with the trustees noting the church has enough funds to cover emergencies for 6 months. The charity reported a net income surplus of £7,636 for the year, funded primarily by donations and Gift Aid. The trustees consider the assets adequate to fulfill obligations and continue activities.
What the accounts disclose
“Donation and gifts 95,931”
“The church has enough funds to cover emergences or unforeseen difficulties for 6 months.” — page 4
“The church contributes £700 towards Pastor Joel Cox and family rent.” — page 6
“The church contributes £700 towards Pastor Joel Cox and family rent. The house is being used for leadership meetings, youth meetings and bible studies as we do not have a church office or building of our own.” — page 6
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Trustees
- SIDANISILE NDLELAchair
- Robson Utete
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £109k | £101k |
| 31/12/2023 | £93k | £86k |
| 31/12/2022 | £112k | £112k |
| 31/12/2021 | £103k | £111k |
| 31/12/2020 | £84k | £76k |
Common questions
Is BALM OF GILEAD WORLD MINISTRIES TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £32,947, with the trustees noting the church has enough funds to cover emergencies for 6 months. The charity reported a net income surplus of £7,636 for the year, funded primarily by donations and Gift Aid. The trustees consider the assets adequate to fulfill obligations and continue activities. Its FY2024 accounts were independently examined.