CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net financial surplus of £41,830 in 2024, reversing the previous year's deficit, with total income rising 33.6% to £3,139,362. Free unrestricted reserves stood at £134,365, which the trustees note remains below their policy target of three months of core operational expenditure due to significant investments in property renovations. The charity maintains positive working capital of £91,299 and holds no investments, keeping all unutilized capital in liquid bank accounts.
What the accounts disclose
“£80,000 to £89,999: 1 employee” — page 8
“On 31 December 2024, free unrestricted funds stood at £134,365. While this marks a clear recovery from 2023, it remains below the ideal target due to the substantial funds deployed into essential renovations for leased properties in North London, Goole, and South London (£188,850 combined).” — page 6
“Mr Juan Carlos Morocho Bolanos: Serves as a Missionary and local Campus Pastor for the institution in Spain. In 2024, he received £12,000 annually as missionary support. This benefit is granted exclusively to cover living and welfare costs while maintaining the missionary outpost in Spain.” — page 8
“Mrs Mariana Renata Souza De Freitas: Is employed as a Pastor Coordinator for Cathedral International. She is the spouse of Trustee and Executive Pastor Mr Adilson De Freitas, thereby qualifying as a related party transaction. In 2024, she received a gross annual salary of £20,686 for her operational duties.” — page 8
“Mr Juan Carlos Morocho Bolanos: Serves as a Missionary and local Campus Pastor for the institution in Spain. In 2024, he received £12,000 annually as missionary support. This benefit is granted exclusively to cover living and welfare costs while maintaining the missionary outpost in Spain.” — page 8
“Mrs Mariana Renata Souza De Freitas: Is employed as a Pastor Coordinator for Cathedral International. She is the spouse of Trustee and Executive Pastor Mr Adilson De Freitas, thereby qualifying as a related party transaction. In 2024, she received a gross annual salary of £20,686 for her operational duties.” — page 8
“Mr Juan Carlos Morocho Bolanos: Serves as a Missionary and local Campus Pastor for the institution in Spain. In 2024, he received £12,000 annually as missionary support. This benefit is granted exclusively to cover living and welfare costs while maintaining the missionary outpost in Spain.” — page 8
“Mrs Mariana Renata Souza De Freitas: Is employed as a Pastor Coordinator for Cathedral International. She is the spouse of Trustee and Executive Pastor Mr Adilson De Freitas, thereby qualifying as a related party transaction. In 2024, she received a gross annual salary of £20,686 for her operational duties.” — page 8
“Mr Juan Carlos Morocho Bolanos: Serves as a Missionary and local Campus Pastor for the institution in Spain. In 2024, he received £12,000 annually as missionary support. This benefit is granted exclusively to cover living and welfare costs while maintaining the missionary outpost in Spain.” — page 8
“Mrs Mariana Renata Souza De Freitas: Is employed as a Pastor Coordinator for Cathedral International. She is the spouse of Trustee and Executive Pastor Mr Adilson De Freitas, thereby qualifying as a related party transaction. In 2024, she received a gross annual salary of £20,686 for her operational duties.” — page 8
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Adilson de Freitas
- Adriana Akemi Hashimoto Antonio
- Eunice Inque Branco de Carvalho
- Hugo Dos Santos Cordeiro
- Jackson Antonio
- Juan Carlos Morocho Bolanos
- Luis Hernan Berton Sanchez
- Rossana Bohamara Mendes Monteiro e Silva
- Sori Balde
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.1m | £3.1m |
| 31/12/2023 | £2.3m | £2.8m |
| 31/12/2022 | £1.9m | £1.9m |
| 31/12/2021 | £1.4m | £1.7m |
| 31/12/2020 | £1.3m | £898k |
Common questions
Is CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD financially healthy?
The accounts state that the charity achieved a net financial surplus of £41,830 in 2024, reversing the previous year's deficit, with total income rising 33.6% to £3,139,362. Free unrestricted reserves stood at £134,365, which the trustees note remains below their policy target of three months of core operational expenditure due to significant investments in property renovations. The charity maintains positive working capital of £91,299 and holds no investments, keeping all unutilized capital in liquid bank accounts. Its FY2024 accounts were audited by UY Accountants Ltd.
What does the highest-paid employee of CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD earn?
Per its FY2024 accounts, the highest-paid employee was in the £80,000 - £89,999 band.