DIVINE COVENANT MINISTRIES
TO ADVANCE THE CHRISTIAN RELIGION THROUGHOUT ENGLAND AND WALES AND WORLDWIDE FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES, PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS, PRODUCING AND/OR DISTRIBUTING LITERATURE ON THE CHRISTIAN RELIGION TO ENLIGHTEN OTHERS ABOUT THE CHRISTIAN RELIGION.
Financial health, per its FY2026 accounts
The accounts state that the charity generated a surplus of £3,752 for the year ended 31 January 2026, increasing its unrestricted reserves to £52,882. The trustees report that this level of reserves is maintained in line with their policy to hold six months' expenditure, ensuring the charity can continue activities even if funding drops. The financial position is supported by an independent examination which confirmed no material matters were identified.
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 level to six month’s expenditure.” — page 4
“The Trustees considers that will of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.”
“One of the trustees, Mr. Bolaji Kalejaiye, is a director of B M Cooper & Co. Limited, the Accountants. Messrs B M Cooper & Co. Limited received no remuneration for the preparation/examination of the accounts.” — page 4
Trustees
- ABIOLA SANGOBOWALE
- BOLAJI KALEJAIYE
- IFEOLUWA KALEJAIYE
- JOHN ABIDEMI OMOKORE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £29k | £25k |
| 31/01/2025 | £22k | £25k |
| 31/01/2024 | £25k | £25k |
| 31/01/2023 | £14k | £20k |
| 31/01/2022 | £10k | £2k |
Common questions
Is DIVINE COVENANT MINISTRIES financially healthy?
Per its FY2026 accounts: The accounts state that the charity generated a surplus of £3,752 for the year ended 31 January 2026, increasing its unrestricted reserves to £52,882. The trustees report that this level of reserves is maintained in line with their policy to hold six months' expenditure, ensuring the charity can continue activities even if funding drops. The financial position is supported by an independent examination which confirmed no material matters were identified. Its FY2026 accounts were independently examined.