WORLD MISSION AGENCY - WINNERS CHAPEL INTERNATIONAL
Our activities are designed to offer a unique spiritual atmosphere of peace and joy as a result of the presence of God. Our services also focused on releasing God's blessings upon His people. They are destiny moulding, which takes place every Sunday and Wednesday and attendees are taught how to win over challenges of life, provoke divine intervention and the blessing of God in their lives.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £1,062,906 for the year ended 31 December 2024, with total incoming resources of £18,059,467. The trustees' report indicates that free reserves stood at £1m, which the trustees consider sufficient to meet core monthly costs of approximately £500,000 for four months. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 No. 2” — page 32
“Individual donations and gifts continued to be the main sources of income. Donations and Gift Aid credits including fees from the Word of Faith Bible Institute and other sundries amounted to £ 16,945,692” — page 10
“The Trustees will, therefore, plan to ensure that there will always remain at least £2.0m of unrestricted income in the Charity’s bank accounts, equivalent to core costs for four months, to meet such expenditure.” — page 11
“In the year, £1,567,451 (2023: £883,055) was payable to Living faith Church in respect of Shiloh donations from, the £1.5m is made up of the brought forward balance of £0.9m and the 2024 Shiloh donations from January to november of £0.7m.”
“Under the terms of a Joint Ministries Agreement (JMA) signed in January 2013, £1,691,721 (2023: £1,599,503), was payable to Living Faith Church in the year in respect of tithes.” — page 45
“In the year, £1,567,451 (2023: £883,055) was payable to Living faith Church in respect of Shiloh donations from, the £1.5m is made up of the brought forward balance of £0.9m and the 2024 Shiloh donations from January to november of £0.7m.”
“Under the terms of a Joint Ministries Agreement (JMA) signed in January 2013, £1,691,721 (2023: £1,599,503), was payable to Living Faith Church in the year in respect of tithes.” — page 45
“In the year, £1,567,451 (2023: £883,055) was payable to Living faith Church in respect of Shiloh donations from, the £1.5m is made up of the brought forward balance of £0.9m and the 2024 Shiloh donations from January to november of £0.7m.”
“Under the terms of a Joint Ministries Agreement (JMA) signed in January 2013, £1,691,721 (2023: £1,599,503), was payable to Living Faith Church in the year in respect of tithes.” — page 45
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Tolu Oralusichair
- Adebayo Daniels
- Adewale Adekoya
- Emmanuel Etsetowaghan
- Marie Osakwe
- Michael Muzanechita
- Olubusayo Omobola Babatope
- Susan Da-Silva
- Yetunde Adesiyan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £18.1m | £17.0m |
| 31/12/2023 | £17.0m | £14.5m |
| 31/12/2022 | £14.2m | £10.6m |
| 31/12/2021 | £11.2m | £7.2m |
| 31/12/2020 | £8.9m | £9.8m |
Common questions
Is WORLD MISSION AGENCY - WINNERS CHAPEL INTERNATIONAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £1,062,906 for the year ended 31 December 2024, with total incoming resources of £18,059,467. The trustees' report indicates that free reserves stood at £1m, which the trustees consider sufficient to meet core monthly costs of approximately £500,000 for four months. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Goodman Jones LLP.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WORLD MISSION AGENCY - WINNERS CHAPEL INTERNATIONAL | £18.1m | — | 2 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD WINNERS WAY | £372k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON | £160k | — | 0 | unclear | — | noted |
| WORSHIP TABERNACLE MINISTRIES | £1.8m | £120,001 - £130,000 | — | above | — | no doubt |
| WINCHMORE HILL BAPTIST CHURCH | £140k | — | 0 | unclear | — | no doubt |
| WELBY LANE MISSION CHURCH | £119k | £25,667 | 0 | above | — | no doubt |