AFMIM CROYDON FELLOWSHIP
(i) The advancement of the Christian religion according to the Holy Scriptures within the Croydon and surrounding areas. (ii) Relieving sickness and financial hardships through the promotion and preservation of good health by the provision of,prayers, counselling, funds and goods. (iii) Promotion of social cohersion by establishment of Youth activities, funfares, and community voluntary work.
Financial health, per its FY2024 accounts
The accounts state that unrestricted income was £74,580 against total payments of £46,223, resulting in a net surplus for the period. The charity holds unrestricted cash reserves of £44,834 and restricted building funds of £92,575, with a stated policy to maintain funds covering one year's rentals. The independent examiner confirmed that no material matters came to their attention regarding the preparation of the accounts.
What the accounts disclose
“The Charity will keep at NatWest Bank saving account funds enough to cover one year’s current rentals and building onto these funds enough to deposit for a church building.”
Trustees
- Florah Sibongile Mupamhadzichair
- Aretha Paradza
- MR E TAPA
- Martin Mukuwa Nakasala
- Miriam Madafi
- Paul Nyakunika
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £75k | £46k |
| 30/11/2023 | £44k | £44k |
| 30/11/2022 | £40k | £38k |
| 30/11/2021 | £41k | £21k |
| 30/11/2020 | £41k | £27k |
Common questions
Is AFMIM CROYDON FELLOWSHIP financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted income was £74,580 against total payments of £46,223, resulting in a net surplus for the period. The charity holds unrestricted cash reserves of £44,834 and restricted building funds of £92,575, with a stated policy to maintain funds covering one year's rentals. The independent examiner confirmed that no material matters came to their attention regarding the preparation of the accounts. Its FY2024 accounts were independently examined.