VICTORY IN CHRIST MINISTRIES
ADVANCING THE CHRISTIAN FAITH
Financial health, per its FY2025 accounts
The accounts state that the charity incurred an unfavorable net movement of funds of -£26,548.50 for the year, with total charitable expenditure exceeding income. Despite this deficit, the unrestricted fund balance at year-end was £66,647.25, which the trustees note is sufficient to continue current activities in the event of a significant drop in funding.
What the accounts disclose
“The charity’s policy is to retain reserves, in the form of unrestricted funds, to a level where they equate in value approximately 12 months expenditure.”
“Two employees are also trustees of the charity and the total salary received was £44,477.68.”
“Two employees are also trustees of the charity and the total salary received was £44,477.68.”
Trustees
- MARIA YIANGOU
- PASTOR ANDY YIANGOU
- VANESSA BENNETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £130k | £156k |
| 31/03/2024 | £164k | £143k |
| 31/03/2023 | £133k | £132k |
| 31/03/2022 | £136k | £126k |
| 31/03/2021 | £121k | £90k |
Common questions
Is VICTORY IN CHRIST MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred an unfavorable net movement of funds of -£26,548.50 for the year, with total charitable expenditure exceeding income. Despite this deficit, the unrestricted fund balance at year-end was £66,647.25, which the trustees note is sufficient to continue current activities in the event of a significant drop in funding. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| TRINITY CHURCH WEST LONDON | 1 | £9k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
Charities like this
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY
- VICTORY CHRISTIAN CENTRE (THE CHURCH) IN FELLOWSHIP WITH ASSEMBLIES OF GOD
- SWORD OF THE SPIRIT MINISTRIES
- Venture Church
- REDEEMER WINCHESTER
- YAD VEACHISOMOCH L'CHAIM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| VICTORY IN CHRIST MINISTRIES | £130k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY | £141k | — | 0 | unclear | — | no doubt |
| VICTORY CHRISTIAN CENTRE (THE CHURCH) IN FELLOWSHIP WITH ASSEMBLIES OF GOD | £174k | — | 0 | within | — | no doubt |
| SWORD OF THE SPIRIT MINISTRIES | £144k | — | 0 | unclear | — | no doubt |
| Venture Church | £285k | — | 0 | unclear | — | no doubt |
| REDEEMER WINCHESTER | £324k | — | 0 | above | — | no doubt |