BALM OF GILEAD WORLD MINISTRIES TRUST

Registered charity 1115743 · accounts filings on the Charity Commission register · also known as BALM OF GILEAD

(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.

Area of benefit: NOT DEFINED. IN PRACTICE NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · Other Charitable Purposes · website · Get email alerts

Latest income
£109k
Latest spending
£101k
Registered
2006
Accounts read
FY2024

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.

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

What the accounts disclose

Largest income source: Donations and legacies (89% of income)
“Donation and gifts 95,931”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: six months of unrestricted expenditure (held: £33k)
“The church has enough funds to cover emergences or unforeseen difficulties for 6 months.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: The church contributes £700 towards Pastor Joel Cox and family rent.
“The church contributes £700 towards Pastor Joel Cox and family rent.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee payment for rent
“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
Per its FY2024 accounts as filed with the Charity Commission.

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

In its annual return the charity told the Commission it is also regulated by: Care Quality Commission. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public profiles (found on the charity’s own website): facebook

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£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.