Charity Accounts Intelreading the accounts so you don’t have to

TEMPLE OF GRACE

Registered charity 1149167 · accounts filings on the Charity Commission register · also known as ADONAI INTERNATIONAL MINISTRIES, AIM, T.O.G

The advancement of the Christian faith worldwide for the benefit of the UK public.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£70k
Latest spending
£64k
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £6,077 for the year, bringing its general reserves to £14,177. However, the balance sheet reveals that liabilities exceed assets, with net current liabilities of £3,140. The trustees consider the going concern basis appropriate, relying on creditor agreements and trustee undertakings to supply funds for the next 18 months.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and gifts (100% of income)
“The primary source of the Charity’s income remains the offerings and donation of members. Total incoming resources for the year amounted to £69,799 (2024 – £61,558).” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of operating expenditure (held: £14k)
“The Trustees of the Charity are working towards holding at least three months of operating expenditure as free reserves. This sum is currently estimated to be £9,000.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“It is the opinion of the Trustees that the use of the going concern basis of accounting is appropriate even though the liabilities of the Charity exceed its assets because: 1. the significant creditor of the charity has agreed to be paid in irregular instalments depending on the financial position of the charity. 2. there is reasonable expectation that the Charity has the ability to generate adequate resources to meet operational expenditure for the foreseeable future. 3. the trustees undertake to supply funds to enable the charity to meet its obligations that exceed its immediate resources for the next 18 months.” — page 14
Per its FY2025 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: Sheffield City

Income and spending

Financial year endIncomeSpending
31/03/2025£70k£64k
31/03/2024£62k£57k
31/03/2023£52k£53k
31/03/2022£45k£42k
31/03/2021£34k£39k

Common questions

Is TEMPLE OF GRACE financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £6,077 for the year, bringing its general reserves to £14,177. However, the balance sheet reveals that liabilities exceed assets, with net current liabilities of £3,140. The trustees consider the going concern basis appropriate, relying on creditor agreements and trustee undertakings to supply funds for the next 18 months. Its FY2025 accounts were independently examined.