CHRIST MIRACLE CHURCH MISSION
Holding regular worship services to promote the christian faith in the community.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £62,972 to £28,124, resulting in total net assets of £44,792. The charity maintains a reserve policy of three months of unrestricted expenditure, which it seeks to maintain throughout the year. The trustees confirm the organization is a going concern and has assessed major risks to operations and finances.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 4
Trustees
- Olumuyiwa Alabichair
- AKEEB AKINOLA
- Adebajo Kolawole
- OLADEPO OGUNDARE
- SUNDAY OLASEHINDE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £82k | £117k |
| 31/03/2024 | £86k | £89k |
| 31/03/2023 | £51k | £40k |
| 31/03/2022 | £96k | £72k |
| 31/03/2021 | £73k | £68k |
Common questions
Is CHRIST MIRACLE CHURCH MISSION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £62,972 to £28,124, resulting in total net assets of £44,792. The charity maintains a reserve policy of three months of unrestricted expenditure, which it seeks to maintain throughout the year. The trustees confirm the organization is a going concern and has assessed major risks to operations and finances. Its FY2025 accounts were independently examined.