Charity Accounts Intelreading the accounts so you don’t have to

Faith Miracle Church

Registered charity 1121590 · accounts filings on the Charity Commission register · also known as FAITH MIRACLE CENTRE, FAITH MIRACLE CENTRE LIMITED · listed website unreachable when last crawled

Latest income
£356k
Latest spending
£318k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total unrestricted funds increased from £993,162 to £1,031,217, resulting in a net income of £38,055 for the year. The charity's reserves policy targets one year's operating costs, and the current unrestricted reserves of £1,031,217 exceed this target. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards.

What the accounts disclose

Reserves policy: one year's operating costs (held: £1.0m)
“The reserves policy of FMC is to build up to a level of free reserves, taking one year with another, amounting to one year's operating costs, in order that staff security and continuity of work are secured.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£356k£318k
31/03/2024£382k£310k
31/03/2023£330k£271k
31/03/2022£316k£246k
31/03/2021£388k£211k

Common questions

Is Faith Miracle Church financially healthy?

The accounts state that total unrestricted funds increased from £993,162 to £1,031,217, resulting in a net income of £38,055 for the year. The charity's reserves policy targets one year's operating costs, and the current unrestricted reserves of £1,031,217 exceed this target. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were not prepared in accordance with applicable standards. Its FY2025 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.

FunderSimilar charities fundedAmount to them
BANBURY CHARITIES1£9k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE REDEEMED CHRISTIAN CHURCH OF GOD LIVING BREAD NEWCASTLE.