LONDON GOOD NEWS CHURCH LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a significant financial improvement, moving from a deficit of £13,626 to unrestricted reserves of £977,901. This positive position was driven by a surplus of £991,527, largely resulting from donations used to purchase a new freehold property. The trustees confirm the charity has adequate resources to continue operating for the foreseeable future.
What the accounts disclose
“There were no employees whose annual remuneration was more than £60,000.” — page 11
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- CHANGSUN KIM
- Ransford Ekor
- SUNGJIN OH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £1.0m | £40k |
| 31/10/2024 | £24k | £33k |
| 31/10/2023 | £27k | £34k |
| 31/10/2022 | £23k | £23k |
| 31/10/2021 | £31k | £27k |
Common questions
Is LONDON GOOD NEWS CHURCH LIMITED financially healthy?
The accounts state that the charity achieved a significant financial improvement, moving from a deficit of £13,626 to unrestricted reserves of £977,901. This positive position was driven by a surplus of £991,527, largely resulting from donations used to purchase a new freehold property. The trustees confirm the charity has adequate resources to continue operating for the foreseeable future. Its FY2025 accounts were independently examined.
What does the highest-paid employee of LONDON GOOD NEWS CHURCH LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.