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.
Objects
1) TO ADVANCE THE CHRISTIAN RELIGION IN CROYDON FOR THE BENEFIT OF THE PUBLIC, IN PARTICULAR BUT NOT EXCLUSIVELY THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES, PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS AND PRODUCING AND/OR DISTRIBUTING LITERATURE ON CHRISTIANITY TO ENLIGHTEN OTHERS ABOUT THE CHRISTIAN RELIGION.2) THE PREVENTION OR RELIEF OF POVERTY IN THE UK AND OVERSEAS BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.
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”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 07220760
Company officers (Companies House)
- BAMIGBOLA, Abimbola Sunday on trustee list
- ADEOLA, David, Pastor on trustee list
- ADEBUSUYI, Morenike Olajumoke Ajibola, Doctor not on trustee list
- MOSES, Pearl on trustee list
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.