EDMONTON CHURCH OF CHRIST
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Financial health, per its FY2024 accounts
The accounts state that the charity reported an excess income of £3,954.17 over its expenditures for the year, resulting in a net balance increase. The trustees utilized £15,000 from church reserves to supplement voluntary contributions to meet financial obligations. The independent examiner confirmed that the accounts were prepared in accordance with accounting records and the Charities Act 2011, with no material issues identified.
What the accounts disclose
“The main source of income which is members’ voluntary contribution accounted for £50,213.83.”
“As the church maintains a policy on reserve for contingency situations, the balance at the end of the year showed an excess income of £3,954.17 over our expenditure.” — page 8
Property (HM Land Registry)
Trustees
- CHARLES BANINchair
- ANTHONY APPIAGYEI
- JAMES OBENG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £74k | £74k |
| 31/12/2023 | £67k | £58k |
| 31/12/2022 | £56k | £56k |
| 31/12/2021 | £51k | £48k |
| 31/12/2020 | £35k | £32k |
Common questions
Is EDMONTON CHURCH OF CHRIST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an excess income of £3,954.17 over its expenditures for the year, resulting in a net balance increase. The trustees utilized £15,000 from church reserves to supplement voluntary contributions to meet financial obligations. The independent examiner confirmed that the accounts were prepared in accordance with accounting records and the Charities Act 2011, with no material issues identified. Its FY2024 accounts were independently examined.