THE BUILDERS HOUSE
The Charity objectives are - To advance the Christian religion in Croydon for the benefit of the public.- The prevention or relief of poverty in the UK and overseas.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net outgoing of resources of £6,383 for the year, resulting in a decrease in total funds from £62,435 to £56,052. The trustees acknowledge that the current level of unrestricted reserves is below their stated policy target of three months of recurrent expenditure. Despite this, the trustees confirm that the charity has adequate resources to continue its activities on a going concern basis.
What the accounts disclose
“No employees received emoluments in excess of £60,000.” — page 15
“The Trustees consider that the current level of unrestricted reserves for the Charity is below that required”
Trustees
- DAVID ADEOLAchair
- Abimbola Bamigbola
- Mo Adebusuyi
- Pearl Moses Mrs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £51k | £57k |
| 30/04/2024 | £23k | £30k |
| 30/04/2023 | £23k | £17k |
| 30/04/2022 | £38k | £32k |
| 30/04/2021 | £45k | £25k |
Common questions
Is THE BUILDERS HOUSE financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net outgoing of resources of £6,383 for the year, resulting in a decrease in total funds from £62,435 to £56,052. The trustees acknowledge that the current level of unrestricted reserves is below their stated policy target of three months of recurrent expenditure. Despite this, the trustees confirm that the charity has adequate resources to continue its activities on a going concern basis. Its FY2025 accounts were independently examined.