SHEPHERDFOLD MINISTRY
PROMOTING SPIRITUAL AND PHYSICAL WELL BEING IN THE COMMUNITY
Financial health, per its FY2024 accounts
The accounts state that total resources expended in the year (£136,159) exceeded total income (£164,140 is the sum of grants and donations, but the text explicitly states total income was £75,007 from donations *in addition* to grants, implying a potential discrepancy or specific classification; however, the text explicitly states 'Total resources expended... totalled £136,159' and 'charity's total income in 2024 amounted to £75,007' from donations plus grants. The net deficit is significant. The trustees report that adequate assets are available to fulfill obligations, indicating no material uncertainty regarding going concern despite the operational deficit.
What the accounts disclose
“The trustees of Shepherdfold Ministry agreed to maintain unrestricted funds, which are free reserves of the charity, at a level of at least 12 months of committed expenditure, excluding direct charitable costs and other costs.” — page 13
Trustees
- BENTLEY DANKWA
- ESTELLE TRAH
- MOSES OTUNBADE
- Omosade Ali-Balogun
- PASTOR JOYCELYN DANKWA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £164k | £136k |
| 31/12/2023 | £215k | £192k |
| 31/12/2022 | £169k | £147k |
| 31/12/2021 | £100k | £80k |
| 31/12/2020 | £74k | £41k |
Common questions
Is SHEPHERDFOLD MINISTRY financially healthy?
Per its FY2024 accounts: The accounts state that total resources expended in the year (£136,159) exceeded total income (£164,140 is the sum of grants and donations, but the text explicitly states total income was £75,007 from donations *in addition* to grants, implying a potential discrepancy or specific classification; however, the text explicitly states 'Total resources expended... totalled £136,159' and 'charity's total income in 2024 amounted to £75,007' from donations plus grants. The net deficit is significant. The trustees report that adequate assets are available to fulfill obligations, indicating no material uncertainty regarding going concern despite the operational deficit. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| London Borough of Hackney | 18/02/2026 | £11k | Grant to Shepherdfold Ministry |
| Hackney Council | 18/02/2026 | £11k | Grant to Shepherdfold Ministry |
| London Borough of Hackney | 15/10/2025 | £27k | Grant to Shepherdfold Ministry |
| Hackney Council | 15/10/2025 | £27k | Grant to Shepherdfold Ministry |
| London Borough of Hackney | 04/01/2025 | £15k | Grant to Shepherdfold Ministry |
| Hackney Council | 04/01/2025 | £15k | Grant to Shepherdfold Ministry |
| Sport England | 13/05/2024 | £10k | Community Activity Programme |
| London Borough of Hackney | 20/04/2023 | £14k | Grant to Shepherdfold Ministry |
| Hackney Council | 20/04/2023 | £14k | Grant to Shepherdfold Ministry |
| The National Lottery Community Fund | 24/06/2022 | £10k | Healthy Living Using Cookery Classes |
| London Borough of Hackney | 28/03/2022 | £58k | Grant to Shepherdfold Ministry |
| Hackney Council | 28/03/2022 | £20k | Grant to Shepherdfold Ministry |
| Hackney Council | 08/12/2021 | £5k | Grant to Shepherdfold Ministry |
| London Borough of Hackney | 08/12/2021 | £5k | Grant to Shepherdfold Ministry |
| UK government | 28/09/2020 | £9k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 06/12/2019 | £10k | Our Future Matters |