Gracefields Evangelistic Ministries
PROVIDING SPIRITUAL WORSHIP SERVICES IN THE COMMUNITY TO PROMOTE THE CHRISTIAN FAITH .
Financial health, per its FY2024 accounts
The accounts state that the charity made a surplus of £6,223 for the year ended 31 December 2024, reversing a deficit from the previous year. Unrestricted reserves increased to £22,016, which the trustees consider adequate to cover direct and emergency charitable expenditure. The charity remains a going concern with no material uncertainties identified.
What the accounts disclose
“The trustees aim to ensure that unrestricted incoming resources are maintained at an adequate level to cover direct charitable expenditure and emergency expenditure that may arise from time to time.” — page 5
Trustees
- JOSEPHINE BOAKYE- MENSAH
- Munyeowaji Ernest Mbikan
- Pastor Freddy Bampoe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27k | £21k |
| 31/12/2023 | £29k | £66k |
| 31/12/2022 | £52k | £58k |
| 31/12/2021 | £45k | £41k |
| 31/12/2020 | £48k | £35k |
Common questions
Is Gracefields Evangelistic Ministries financially healthy?
Per its FY2024 accounts: The accounts state that the charity made a surplus of £6,223 for the year ended 31 December 2024, reversing a deficit from the previous year. Unrestricted reserves increased to £22,016, which the trustees consider adequate to cover direct and emergency charitable expenditure. The charity remains a going concern with no material uncertainties identified. Its FY2024 accounts were independently examined.