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MERCY SEAT INTERNATIONAL CHRISTIAN CENTRE

Registered charity 1145976 · accounts filings on the Charity Commission register · also known as LIGHT SEEKERS CHAPEL, LSC

HOLDING REGULAR WORSHIP SERVICES TO PROMOTE THE PUBLIC BENEFIT OF SPIRITUAL ENRICHMENT THROUGH PRACTICING THE PRINCIPLES OF THE CHRISTIAN FAITH.

Causes: Religious Activities · website · Get email alerts

Latest income
£50k
Latest spending
£27k
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £21,237, which is below its stated policy target of three months of unrestricted expenditure. The charity reports a net asset position of £16,348 and notes that it took a loan planned for repayment over five years, while maintaining that costs have been well managed.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £21k; policy: three months of unrestricted expenditure)
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Ghana · Spain · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£50k£27k
31/12/2023£37k£37k
31/12/2022£45k£42k
31/12/2021£22k£37k
31/12/2020£26k£34k

Common questions

Is MERCY SEAT INTERNATIONAL CHRISTIAN CENTRE financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £21,237, which is below its stated policy target of three months of unrestricted expenditure. The charity reports a net asset position of £16,348 and notes that it took a loan planned for repayment over five years, while maintaining that costs have been well managed. Its FY2024 accounts were independently examined.