CHRISTS CHOSEN CHURCH OF GOD
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £93,686 for the year, reducing unrestricted funds from £148,739 to £55,053. The balance sheet indicates a net current liability position of £90,676, driven by creditors of £109,509 against current assets of £18,833. The trustees acknowledge their responsibilities for preparing financial statements but the filing does not explicitly state a going concern basis or material uncertainty.
What the accounts disclose
Trustees
- SENIOR APOSTLE DAVID OSAGIE UNUEFE IKHUIWU JPchair
- Benson Osawe
- COLUMBUS IRABOR
- Jacob Benson Ossai
- Jeff Edosa Onaifo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £173k | £266k |
| 31/12/2023 | £173k | £219k |
| 31/12/2022 | £143k | £170k |
| 31/12/2021 | £136k | £128k |
| 31/12/2020 | £167k | £116k |
Common questions
Is CHRISTS CHOSEN CHURCH OF GOD financially healthy?
The accounts state that the charity reported a net expenditure of £93,686 for the year, reducing unrestricted funds from £148,739 to £55,053. The balance sheet indicates a net current liability position of £90,676, driven by creditors of £109,509 against current assets of £18,833. The trustees acknowledge their responsibilities for preparing financial statements but the filing does not explicitly state a going concern basis or material uncertainty. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IGLESIA NI CRISTO (CHURCH OF CHRIST) | 1 | £3.0m |
| DUMBRECK CHARITY | 1 | £500 |