MIRACLE STREET UK
ADVANCEMENT OF THE CHRISTIAN FAITH, FURTHER EDUCATION AND PUBLIC AWARENESS AND TO PROMOTE LOCAL COMMUNITIES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £3,362 for the year, reducing its unrestricted fund balance from £29,802 to £26,440. The trustees confirm the charity has adequate resources to continue as a going concern, with unrestricted reserves of £26,440 held against a policy target of three months of running expenses.
What the accounts disclose
“The reserves policy is to hold three months of running expenses.” — page 5
Trustees
- Dr NEIL ANDREW OSBORNEchair
- COLIN EDWARD COLLINO
- SIMON DUGDALE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £116k | £119k |
| 31/03/2024 | £116k | £113k |
| 31/03/2023 | £100k | £92k |
| 31/03/2022 | £82k | £90k |
| 31/03/2021 | £84k | £70k |
Common questions
Is MIRACLE STREET UK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £3,362 for the year, reducing its unrestricted fund balance from £29,802 to £26,440. The trustees confirm the charity has adequate resources to continue as a going concern, with unrestricted reserves of £26,440 held against a policy target of three months of running expenses. Its FY2025 accounts were independently examined.