PENTECOSTAL MISSIONARY CHURCH OF CHRIST (4TH WATCH)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource of £10,112 for the year ended 31 October 2024, resulting in total unrestricted reserves of £27,053. The trustees maintain a policy that free reserves should be held as current assets to sustain activities during significant falls in offertory levels. The independent examiner reported no matters requiring attention, indicating the financial statements comply with accounting requirements.
What the accounts disclose
“The trustees have a free reserve policy whereby the free reserves of the church will be sufficient to continue the current activities should there be a significant fall in offertory levels. This will need to be sufficient to sustain the church whilst alternate funding is sought or other arrangements are made.” — page 9
Trustees
- AMPARO AGBULOS
- CHERRY SOTERO
- GLENDA ROBLES
- RHANDY DANCEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £195k | £189k |
| 31/10/2024 | £244k | £233k |
| 31/10/2023 | £341k | £328k |
| 31/10/2022 | £231k | £180k |
| 31/10/2021 | £186k | £141k |
Common questions
Is PENTECOSTAL MISSIONARY CHURCH OF CHRIST (4TH WATCH) financially healthy?
The accounts state that the charity reported a net incoming resource of £10,112 for the year ended 31 October 2024, resulting in total unrestricted reserves of £27,053. The trustees maintain a policy that free reserves should be held as current assets to sustain activities during significant falls in offertory levels. The independent examiner reported no matters requiring attention, indicating the financial statements comply with accounting requirements. Its FY2024 accounts were independently examined.