DIVINE TELEVISION FOUNDATION LTD
Financial health, per its FY2024 accounts
The accounts state that total incoming resources decreased to £1,056,170 from £1,373,953 in the prior year, while charitable expenditure increased to £730,259. The charity holds unrestricted reserves of £3,929,933, which significantly exceed its stated policy target of covering 12 months of routine running costs. The trustees and auditors confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“No employee received employee benefits of more than £60,000 during the year (2023: Nil).” — page 33
“The Trustees have determined that the charity should hold reserves sufficient to cover 12 months of routine running costs.” — page 17
“During the year, three trustees (2023: Three trustees) received remuneration for their service as Spiritual/Pastoral Care provider: Rev. Lijo Joseph: £18,669 (2023: £12,215), Rev. Vinod George: £15,000 (2023: £15,000), Rev. Sudhin Paulose: £20,319 (2023: £5,926).”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr AUGUSTINE VALLOORAN
- FRANCIS MATHEW
- Rev Antony Thekkanath
- Rev DENNY JOSEPH
- Rev Francis Cheruparampil John
- Rev GEORGE PANACKAL
- Rev Lijo Joseph
- Rev Poulose Parekkattil Ouseph
- Rev Sudhin PALLICHAMKUDIYIL PAULOSE
- Rev Vijay Michael Antony Payyapilly
- Rev Vinod George
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £730k |
| 31/12/2023 | £1.4m | £552k |
| 31/12/2022 | £521k | £529k |
| 31/12/2021 | £512k | £430k |
| 31/12/2020 | £559k | £263k |
Common questions
Is DIVINE TELEVISION FOUNDATION LTD financially healthy?
The accounts state that total incoming resources decreased to £1,056,170 from £1,373,953 in the prior year, while charitable expenditure increased to £730,259. The charity holds unrestricted reserves of £3,929,933, which significantly exceed its stated policy target of covering 12 months of routine running costs. The trustees and auditors confirm the charity has adequate resources to continue as a going concern. Its FY2024 accounts were audited by Xaviers Accountants Limited.
What does the highest-paid employee of DIVINE TELEVISION FOUNDATION LTD earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.