KINGDOM BUILDERS FAMILY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net incoming resource of £11,497 for the year ended 31 May 2025, resulting in total unrestricted funds of £24,601. The trustees have established a reserves policy target of three months of annual expenditure, though the document does not explicitly calculate whether the current free reserves meet this specific target. The charity is exempt from audit under the Companies Act 2006 and underwent an independent examination.
What the accounts disclose
“The free reserves held by the church should be 3 months of annual expenditure.” — page 4
Corporate structure
- Registered company of the charity Companies House 06240149
Trustees
- ADEKUNLE ADETOLAchair
- AYOMIDE DADA
- BAMIDELE BELLO
- OLUFOLAKE TITILAYO AKINROWO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £126k | £115k |
| 31/05/2024 | £101k | £102k |
| 31/05/2023 | £91k | £105k |
| 31/05/2022 | £94k | £107k |
| 31/05/2021 | £92k | £87k |
Common questions
Is KINGDOM BUILDERS FAMILY financially healthy?
The accounts state that the charity reported a net incoming resource of £11,497 for the year ended 31 May 2025, resulting in total unrestricted funds of £24,601. The trustees have established a reserves policy target of three months of annual expenditure, though the document does not explicitly calculate whether the current free reserves meet this specific target. The charity is exempt from audit under the Companies Act 2006 and underwent an independent examination. Its FY2025 accounts were independently examined.