ICF (BOREHAMWOOD)
Public WorshipPublic TeachingMaking the Christian message available to any who are interestedChidlren's clubs covering all agesProvision of Carer's & toddler meetingsProvision for elderly needsAid for the needy both in UK & abroad
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £27,721, which is below the trustees' stated policy target of holding not more than 6 months of administrative expenditure. The charity reported a net income of £61,975 for the year and confirmed there are no uncertainties relating to its status as a going concern.
What the accounts disclose
“The reserves policy is to hold not more than 6 months of expenditure relating to administrative overhead as unrestricted reserves. The unrestricted reserves in the current year are £27,721.” — page 4
“Rev Olabode Awogbade is remunerated as Pastor of the church as allowed by our constitution. He is also a trustee” — page 11
“Rev Olabode Awogbade is remunerated as Pastor of the church as allowed by our constitution. He is also a trustee but is not remunerated. Trustees and related persons have donated £19,204.30 to the Church.” — page 11
Trustees
- Oluremi Feyi COKER
- Pastor Banjo Alfred Akin OLUWATULA
- Rev OLABODE AWOGBADE
- Rev PAUL SANDS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £94k | £68k |
| 31/03/2024 | £103k | £62k |
| 31/03/2023 | £80k | £62k |
| 31/03/2022 | £74k | £51k |
| 31/03/2021 | £63k | £47k |
Common questions
Is ICF (BOREHAMWOOD) financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £27,721, which is below the trustees' stated policy target of holding not more than 6 months of administrative expenditure. The charity reported a net income of £61,975 for the year and confirmed there are no uncertainties relating to its status as a going concern. Its FY2025 accounts were independently examined.