COVENANT OF PEACE
Objective and Activities The charity?s objects are: ? The advancement of the Christian region worldwide ? The relief of poverty worldwideThese objects are charitable and operate for the public benefit. It pursues these object by the operation of a centre for Christian worship at its premises at Blackfen road, London.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £132,331 at the end of the year, representing a net surplus of £9,304 for the period. The trustees confirm that current funding levels are adequate to support the continuation of the church's objectives and that no material uncertainties exist regarding its 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?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £132,331 at the end of the year, representing a net surplus of £9,304 for the period. The trustees confirm that current funding levels are adequate to support the continuation of the church's objectives and that no material uncertainties exist regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KINGS CHURCH DARLINGTON | 1 | £97k |
| COMMISSION APOSTOLIC TRUST LTD | 1 | £23k |
| THE MIDDLETON FOUNDATION | 1 | £9k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARK, HOLBROOK | 1 | £5k |
Charities like this
- COVENANT LIFE CHURCH LEICESTER
- KEC CHURCH CENTRE
- NEW COVENANT CHURCH EQUIPPING PEOPLE
- NEW COVENANT MINISTRIES
- COVENANT CHURCH
- THE WAY OF THE SPIRIT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COVENANT OF PEACE | £159k | — | 0 | unclear | — | no doubt |
| COVENANT LIFE CHURCH LEICESTER | £515k | — | 0 | above | — | no doubt |
| KEC CHURCH CENTRE | £209k | — | 0 | above | — | no doubt |
| NEW COVENANT CHURCH EQUIPPING PEOPLE | £309k | — | 0 | unclear | — | no doubt |
| NEW COVENANT MINISTRIES | £128k | £17,194 | 0 | unclear | — | no doubt |
| COVENANT CHURCH | £498k | — | 0 | unclear | — | no doubt |