SIMNET OUTREACH MINISTRIES
All our Objects are charitable and the following activities in furthering them are for public benefit:Advancement of Christian religion and education Training, Workshops, Conferences and Seminars for Church Leaders Evangelism & Radio Ministry, Christian Counselling, Mission Meal Outreach for the homeless joint, Welfare/Support to bereaved families, Youth events
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted funds of £284 and restricted funds of £4,261 as of 31 March 2025. Current liabilities of £4,309 exceeded current assets of £6,017 by a net current asset position of £1,708, resulting in total charity funds of £4,545. The independent examiner reported that no matters came to their attention requiring further understanding of the accounts.
What the accounts disclose
Trustees
- APOSTLE SIMON ADEYINKA IDOWU PGDIP ORchair
- Dr JONATHAN OLAKUNLE OLALEYE
- PASTOR ADEBAYO GEORGE-LAWAL
- Pastor Moshood Amos Amosu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £44k | £46k |
| 31/03/2024 | £40k | £35k |
| 31/03/2023 | £29k | £31k |
| 31/03/2022 | £31k | £30k |
| 31/03/2021 | £45k | £74k |
Common questions
Is SIMNET OUTREACH MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted funds of £284 and restricted funds of £4,261 as of 31 March 2025. Current liabilities of £4,309 exceeded current assets of £6,017 by a net current asset position of £1,708, resulting in total charity funds of £4,545. The independent examiner reported that no matters came to their attention requiring further understanding of the accounts. Its FY2025 accounts were independently examined.