GRACE OF JESUS CHRIST CRUSADE
Throughout the year, GJCC promotes Christian faith by- providing messages in digital forms free of charge- distribute publications, gospel tracts, posters and books free of charge- celebrate religious festivals- celebrate memorable days
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £28,719, which the trustees consider sufficient to meet travelling costs and maintain activities during funding drops. However, the charity carries significant current liabilities of £615,800, primarily consisting of unsecured, interest-free loans from creditors who have indicated ongoing support without fixed repayment terms.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level to meet the need of travelling costs to local churches, for gospel preaching and convention.” — page 5
“At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. This is dependent on the continued support of those who have loaned money to the charity, which is not expected to be withdrawn.” — page 10
Corporate structure
- Registered company of the charity Companies House 07424076
Company officers (Companies House)
- WU, Shen Jen not on trustee list
- WU SHEN, Shu Shyan not on trustee list
- LAW, Lih Hoong on trustee list
- NG, Ben on trustee list
Property (HM Land Registry)
Trustees
- LIH HOONG LAWchair
- BEN NG
- SEN-JEN WU
- SHU-SHYAN WU-SHEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £34k | £24k |
| 31/10/2024 | £31k | £24k |
| 31/10/2023 | £31k | £27k |
| 31/10/2022 | £33k | £27k |
| 31/10/2021 | £30k | £25k |
Common questions
Is GRACE OF JESUS CHRIST CRUSADE financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £28,719, which the trustees consider sufficient to meet travelling costs and maintain activities during funding drops. However, the charity carries significant current liabilities of £615,800, primarily consisting of unsecured, interest-free loans from creditors who have indicated ongoing support without fixed repayment terms. Its FY2024 accounts were independently examined.