COVENANT OF PEACE
Latest income
£159k
Latest spending
£150k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with unrestricted reserves of £123,027, having generated a net surplus of £3,114. The trustees report that current funding levels are adequate to support the continuation of church objectives and that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- AKINOLE SOROYE
- GBOYEGA FALOMO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £159k | £150k |
| 31/12/2023 | £158k | £155k |
| 31/12/2022 | £140k | £136k |
| 31/12/2021 | £117k | £114k |
| 31/12/2020 | £117k | £97k |
Common questions
Is COVENANT OF PEACE financially healthy?
The accounts state that the charity ended the year with unrestricted reserves of £123,027, having generated a net surplus of £3,114. The trustees report that current funding levels are adequate to support the continuation of church objectives and that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAJLIS ANSARULLAH (UK) LTD | 1 | £44k |
| WHITEHILL & BORDON COMMUNITY TRUST | 1 | £3k |