DESTINY CHRISTIAN CENTRE MINISTRIES
Advancement of the Christian faith, relief of the poor,needy, sick & elderly & other such charitable objectives.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £6,619 for the year, resulting in unrestricted funds moving from a deficit of £18,096 to a larger deficit of £24,715. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, despite the negative equity position.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
“Some of the trustees (or any persons connected with them) received remuneration or benefits or reimbursements of £25,575.00 from the charity during the year.” — page 13
Trustees
- OLAYIWOLA JIMOH
- OLUFUNMILAYO OKEOWO
- RUTH ANEKWE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £168k | £174k |
| 31/12/2023 | £181k | £185k |
| 31/12/2022 | £161k | £141k |
| 31/12/2021 | £113k | £109k |
| 31/12/2020 | £104k | £102k |
Common questions
Is DESTINY CHRISTIAN CENTRE MINISTRIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £6,619 for the year, resulting in unrestricted funds moving from a deficit of £18,096 to a larger deficit of £24,715. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, despite the negative equity position. Its FY2024 accounts were independently examined.
Charities like this
- DESTINY INTERNATIONAL CHRISTIAN ASSEMBLY
- DESTINY APOSTOLIC CHURCH INTERNATIONAL
- DESTINY HOUSE INTERNATIONAL CIO
- DESTINY CHURCH TEES VALLEY
- DESTINY CHRISTIAN CHURCH WAKEFIELD
- KINGSWAY INTERNATIONAL CHRISTIAN CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DESTINY CHRISTIAN CENTRE MINISTRIES | £168k | — | 0 | unclear | — | no doubt |
| DESTINY INTERNATIONAL CHRISTIAN ASSEMBLY | £289k | — | 0 | unclear | — | no doubt |
| DESTINY APOSTOLIC CHURCH INTERNATIONAL | £180k | — | 0 | unclear | — | no doubt |
| DESTINY HOUSE INTERNATIONAL CIO | £335k | — | 0 | unclear | — | no doubt |
| DESTINY CHURCH TEES VALLEY | £259k | — | 0 | unclear | — | no doubt |
| DESTINY CHRISTIAN CHURCH WAKEFIELD | £357k | — | 0 | unclear | — | no doubt |