HOLY GHOST POWER CHAPEL
Religious activities.To advance the Christian religion for the benefit of the public
Objects
TO ADVANCE THE CHRISTIAN RELIGION FOR THE BENEFIT OF THE PUBLIC
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.
What the accounts disclose
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- EDWARD MILES
- LORNETTE MCLEAN
- SAM ASANTE
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.
Charities like this
- CHESTERFIELD GOSPEL HALL TRUST
- POWER AND PEACE CHAPEL INTERNATIONAL
- THE POWERWORD INT
- THE CHURCH OF GOD (PENTECOSTAL)
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, FULHAM
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALDINGBOURNE BARNHAM AND EASTERGATE
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 |
| CHESTERFIELD GOSPEL HALL TRUST | £245k | — | 0 | unclear | — | no doubt |
| POWER AND PEACE CHAPEL INTERNATIONAL | £371k | — | 0 | unclear | — | no doubt |
| THE POWERWORD INT | £129k | — | 0 | unclear | — | no doubt |
| THE CHURCH OF GOD (PENTECOSTAL) | £151k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, FULHAM | £420k | — | — | below | — | no doubt |