Charity Accounts Intelreading the accounts so you don’t have to

VICTORY GOSPEL CHURCH

Registered charity 1141558 · accounts filings on the Charity Commission register

Latest income
£522k
Latest spending
£518k
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity incurred a deficit of £17,789 for the year ended 31 March 2023, resulting in a decrease in total funds to £749,205. The trustees report that general funds of £106,690 are in line with their stated policy of maintaining three to six months of unrestricted expenditure. The independent examiner confirmed that the accounts give a true and fair view without noting any material uncertainties regarding the charity's ability to continue in operation.

What the accounts disclose

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£522k
Total spending
£518k
Reserves (reported)
£77k
Employees
8

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire · Southampton City

Income and spending

Financial year endIncomeSpending
31/03/2025£522k£518k
31/03/2024£426k£450k
31/03/2023£368k£386k
31/03/2022£356k£308k
31/03/2021£336k£276k

Common questions

Is VICTORY GOSPEL CHURCH financially healthy?

The accounts state that the charity incurred a deficit of £17,789 for the year ended 31 March 2023, resulting in a decrease in total funds to £749,205. The trustees report that general funds of £106,690 are in line with their stated policy of maintaining three to six months of unrestricted expenditure. The independent examiner confirmed that the accounts give a true and fair view without noting any material uncertainties regarding the charity's ability to continue in operation. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE CO-MISSION INITIATIVE TRUST1£173k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY.