THE REALITY OF GRACE MINISTRIES INTERNATIONAL LIMITED
Religious Activities (Church)
Objects
TO ADVANCE THE CHRISTIAN FAITH AS THE DIRECTORS SHALL THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £9,818 for the year ended 31 March 2025, resulting in a decrease in total unrestricted funds from £335,984 to £326,166. The trustees maintain a reserves policy targeting cash reserves between £5,000 and £10,000, noting that the actual unrestricted reserves of £335,984 significantly exceed this target. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future.
What the accounts disclose
“The current policy of the Trustees is to maintain cash reserves of between £5,000 and £10,000. The minimum shall not fall below £5,000.” — page 4
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 25
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 10
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 20
Trustees
- Chiamaka Nnedi Muoneke
- OLAIDE ROKOSU-EUZEBIO
- PASTOR OSAHON ANDREW OKUNGBOWA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £244k | £254k |
| 31/03/2024 | £262k | £225k |
| 31/03/2023 | £231k | £217k |
| 31/03/2022 | £223k | £192k |
| 31/03/2021 | £235k | £181k |
Common questions
Is THE REALITY OF GRACE MINISTRIES INTERNATIONAL LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £9,818 for the year ended 31 March 2025, resulting in a decrease in total unrestricted funds from £335,984 to £326,166. The trustees maintain a reserves policy targeting cash reserves between £5,000 and £10,000, noting that the actual unrestricted reserves of £335,984 significantly exceed this target. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future. Its FY2025 accounts were independently examined.
Charities like this
- GRACE MINISTRY, LONDON
- GLOBAL CHURCH OF GRACE MINISTRIES
- KINGDOM FAITH MINISTRIES INTERNATIONAL
- REALITY OUTREACH MINISTRIES INTERNATIONAL
- THE GRACE TRUST
- THE NEW LIFE IN CHRIST MINISTRY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE REALITY OF GRACE MINISTRIES INTERNATIONAL LIMITED | £244k | — | 0 | unclear | — | no doubt |
| GRACE MINISTRY, LONDON | £328k | — | 0 | below | 37.0% | no doubt |
| GLOBAL CHURCH OF GRACE MINISTRIES | £194k | — | 0 | above | — | no doubt |
| KINGDOM FAITH MINISTRIES INTERNATIONAL | £428k | — | 0 | unclear | — | no doubt |
| REALITY OUTREACH MINISTRIES INTERNATIONAL | £37k | — | 0 | unclear | — | no doubt |
| THE GRACE TRUST | £68.2m | — | 0 | unclear | — | no doubt |