WORD OF FAITH MISSION
Bringing Help and Change to Communities in Need
Financial health, per its FY2024 accounts
The accounts state that the charity made a deficit of £4,454 for the year ended 31st December 2024, following surpluses in previous years. Unrestricted reserves stood at £76,407, which the trustees consider adequate to cover direct charitable and emergency expenditure. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially non-compliant.
What the accounts disclose
“During the year, the trustee Archbishop Moses Owusu-Sekyere was paid £17,639 (2023 - £13,670) for services rendered to the church for pastoral support.” — page 14
“The trustees aim to ensure that unrestricted incoming resources are maintained at an adequate level to cover direct charitable expenditure and emergency expenditure that may arise from time to time.” — page 5
“During the year, the trustee Archbishop Moses Owusu-Sekyere was paid £17,639 (2023 - £13,670) for services rendered to the church for pastoral support.” — page 14
“During the year, the trustee Archbishop Moses Owusu-Sekyere was paid £17,639 (2023 - £13,670) for services rendered to the church for pastoral support. This was done through a PAYE scheme and there was 1 employee (2023 – 1) in total for the period under review.” — page 14
Trustees
- Bishop MOSES OWUSU-SEKYEREchair
- REVEREND EFUA OWUSU-SEKYERE
- Reverend STEPHEN KUMI-YEBOAH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £76k | £81k |
| 31/12/2023 | £71k | £53k |
| 31/12/2022 | £60k | £49k |
| 31/12/2021 | £47k | £35k |
| 31/12/2020 | £57k | £43k |
Common questions
Is WORD OF FAITH MISSION financially healthy?
Per its FY2024 accounts: The accounts state that the charity made a deficit of £4,454 for the year ended 31st December 2024, following surpluses in previous years. Unrestricted reserves stood at £76,407, which the trustees consider adequate to cover direct charitable and emergency expenditure. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially non-compliant. Its FY2024 accounts were independently examined.
What does the highest-paid employee of WORD OF FAITH MISSION earn?
Per its FY2024 accounts, the highest-paid employee was in the £10,001 - £20,000 band.