Resurrection Power And Living Bread Ministries (London)
Latest income
£438k
Latest spending
£420k
Registered
2007
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the Charity reported a net income of £18,867 for the year ended 31 December 2024, following a net expenditure in the prior year. However, the Charity holds net current liabilities of £54,702 and has unrestricted reserves of £713,933, which the trustees note are below their stated policy target of six months' expenditure.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The reserve level is below the Trustee’s policy but we plan to restore reserves to the required level in future years.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- CHRISTIAN KUSI-YEBOAH
- JOHN KWAME FRIMPONG
- NAOMI BREW
- Nicholas Arthur
- Rev PRINCE DAVID AMPONSAH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £438k | £420k |
| 31/12/2023 | £372k | £462k |
| 31/12/2022 | £433k | £407k |
| 31/12/2021 | £465k | £433k |
| 31/12/2020 | £362k | £322k |
Common questions
Is Resurrection Power And Living Bread Ministries (London) financially healthy?
The accounts state that the Charity reported a net income of £18,867 for the year ended 31 December 2024, following a net expenditure in the prior year. However, the Charity holds net current liabilities of £54,702 and has unrestricted reserves of £713,933, which the trustees note are below their stated policy target of six months' expenditure.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |