HOLY GHOST POWER CHAPEL

Registered charity 1121452 · accounts filings on the Charity Commission register

Religious activities.To advance the Christian religion for the benefit of the public

Causes: Religious Activities · website · Get email alerts

Latest income

£113k

Latest spending

£115k

Registered

2007

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £132,589 at the end of the year, with unrestricted income of £112,559 covering total expenditure of £115,451. The trustees consider the charity to be in a position to continue pursuing its charitable activities, supported by bank balances of £113,765. The reserve policy is defined as keeping sufficient unrestricted cash to meet current liabilities as they fall due.

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

What the accounts disclose

Reserves policy: sufficient reserves, not invested in tangible assets and unrestricted, to enable it to meet its current liabilities as they fall due (held: £133k)

“The trustees have reviewed the reserves policy and consider it prudent to keep sufficient reserves, not invested in tangible assets and unrestricted, to enable it to meet its current liabilities as they fall due.” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

EDWARD MILES
LORNETTE MCLEAN
SAM ASANTE

Trustee list from the Charity Commission register (current, not historical).

Operates in: Barnet

Income and spending

Financial year end	Income	Spending
31/12/2024	£113k	£115k
31/12/2023	£145k	£138k
31/12/2022	£118k	£108k
31/12/2021	£111k	£103k
31/12/2020	£102k	£93k

Common questions

Is HOLY GHOST POWER CHAPEL financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £132,589 at the end of the year, with unrestricted income of £112,559 covering total expenditure of £115,451. The trustees consider the charity to be in a position to continue pursuing its charitable activities, supported by bank balances of £113,765. The reserve policy is defined as keeping sufficient unrestricted cash to meet current liabilities as they fall due. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
SIR JEREMIAH COLMAN GIFT TRUST	1	£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CHURCH OF GOD (PENTECOSTAL).

THE CHURCH OF GOD (PENTECOSTAL) income £150k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, FULHAM income £420k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDINGBOURNE BARNHAM AND EASTERGATE income £163k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDERSBROOK ST GABRIEL income £191k
THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH income £242k
THE CHRISTIAN CENTRE (HUMBERSIDE) LIMITED income £469k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
HOLY GHOST POWER CHAPEL	£113k	—	0	unclear	—	no doubt
THE CHURCH OF GOD (PENTECOSTAL) FY2023	£150k	£20,001 - £30,000	0	unclear	—	no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, FULHAM FY2024	£420k	—	—	below	—	no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDINGBOURNE BARNHAM AND EASTERGATE FY2024	£163k	—	0	within	—	no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDERSBROOK ST GABRIEL FY2024	£191k	—	0	above	—	no doubt
THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH FY2025	£242k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.