KINGDOM LIGHT CENTRE
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £966,174, representing a significant increase from the previous year's £829,225. The organization reports a net incoming resource of £136,949 for the year, funded primarily by donations and gifts totaling £208,616. The trustees confirm that resources are adequate to continue operating, with no material uncertainties disclosed.
What the accounts disclose
Trustees
- FOLAJIMI AYODELE ADEDOYIN
- Nicholas Chanda
- OLADAPO BADEJO
- adebola oludare
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £209k | £72k |
| 31/12/2023 | £224k | £110k |
| 31/12/2022 | £141k | £66k |
| 31/12/2021 | £119k | £72k |
| 31/12/2020 | £77k | £45k |
Common questions
Is KINGDOM LIGHT CENTRE financially healthy?
The accounts state that the charity holds unrestricted reserves of £966,174, representing a significant increase from the previous year's £829,225. The organization reports a net incoming resource of £136,949 for the year, funded primarily by donations and gifts totaling £208,616. The trustees confirm that resources are adequate to continue operating, with no material uncertainties disclosed. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS, WINCHESTER | 1 | £5k |