PRAISE CHAPEL RAINHAM
Praise Chapel Rainham is a family church in Rainham village.We are currently involved in various activities in the local community; Employability skills training,tutoring for school age children, mentoring teenage parents, befriending and helping the elderly and various other initiatives?.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total unrestricted funds of £27,038, which is below the trustees' stated policy target of approximately three months of unrestricted expenditure. The charity reported a net incoming resource surplus of £11,629 for the year, with total net assets increasing to £377,667.
What the accounts disclose
“The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.” — page 4
Register events
- Received assets from another charity (08/09/2025)
Trustees
- CHICHI IKEOTUONYE
- FRANCIS UGBEIKWU
- Harold Chukwuma
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £48k | £37k |
| 31/07/2024 | £46k | £35k |
| 31/07/2023 | £42k | £31k |
| 31/07/2022 | £30k | £29k |
| 31/07/2021 | £31k | £31k |
Common questions
Is PRAISE CHAPEL RAINHAM financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total unrestricted funds of £27,038, which is below the trustees' stated policy target of approximately three months of unrestricted expenditure. The charity reported a net incoming resource surplus of £11,629 for the year, with total net assets increasing to £377,667. Its FY2025 accounts were independently examined.