THE MANDATE CHURCH
? Organising church services, ceremonies and events.?? Engaging in Christian evangelistic activities.? Development and running of community projects in response to local community needs e.g. food poverty, unemployment, etc.? Supporting other community groups and organisations in serving our local community.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource surplus of £4,585 for the year ended 31 December 2024, resulting in total net assets of £55,759. The trustees have adopted a reserves policy to maintain unrestricted funds equivalent to approximately three months of unrestricted expenditure. The financial review indicates a positive trend in net assets compared to the previous year's surplus of £51,174.
What the accounts disclose
“The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.” — page 6
Trustees
- AJIBOLA IYABO IDOYE
- Dr Michael Isioma Idoye
- Jessica Enehizena
- PASTOR Godsday Omare
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £37k | £32k |
| 31/12/2023 | £28k | £18k |
| 31/12/2022 | £18k | £18k |
| 31/12/2021 | £15k | £9k |
| 31/12/2020 | £36k | £14k |
Common questions
Is THE MANDATE CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource surplus of £4,585 for the year ended 31 December 2024, resulting in total net assets of £55,759. The trustees have adopted a reserves policy to maintain unrestricted funds equivalent to approximately three months of unrestricted expenditure. The financial review indicates a positive trend in net assets compared to the previous year's surplus of £51,174. Its FY2024 accounts were independently examined.