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

DESTINY CHRISTIAN CENTRE MINISTRIES

Registered charity 1152510 · accounts filings on the Charity Commission register

Latest income
£168k
Latest spending
£174k
Registered
2013
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted funds are in a deficit position of £14,271 as of 31 December 2022, compared to a deficit of £33,798 in the prior year. The trustees report that reserves policy targets three to six months of expenditure, but the actual unrestricted funds are negative, indicating the charity is operating at a loss relative to its reserves policy.

What the accounts disclose

Reserves policy: three and six month's expenditure (held: £-14k)
“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
Per its FY2022 accounts as filed with the Charity Commission.
Trading subsidiary: Destiny Christian Centre Limited
“A majority of the charity's activities were supported by loan received from Destiny Christian Centre Limited.” — page 4
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Buckinghamshire · Hertfordshire · Leeds City · Throughout London

Income and spending

Financial year endIncomeSpending
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?

The accounts state that unrestricted funds are in a deficit position of £14,271 as of 31 December 2022, compared to a deficit of £33,798 in the prior year. The trustees report that reserves policy targets three to six months of expenditure, but the actual unrestricted funds are negative, indicating the charity is operating at a loss relative to its reserves policy. Its FY2022 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
HOPE CHURCH HARROGATE1£18k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE REDEEMED CHRISTIAN CHURCH OF GOD ARK OF GOD PARISH.