Charity Accounts Intelreading the accounts so you don’t have to

OLIVET ASSEMBLY

Registered charity 1163688 · accounts filings on the Charity Commission register · also known as OA

Christian education activities and services. Biblical studies and other theological educational courses. Holding Christian retreat and conference events. Supporting church planting and Christian missionaries. Other educational classes (language, arts, music) and social community events.

Causes: General Charitable Purposes · Education/training · Religious Activities · Human Rights/religious Or Racial Harmony/equality Or Diversity · Other Charitable Purposes · website · Get email alerts

Latest income
£1.2m
Latest spending
£895k
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that consolidated income decreased to £1,215,906 from £1,301,943 in the prior year, while consolidated expenditure fell to £895,498. The charity reports a surplus in free reserves of £71,408, which is below its stated policy target of £200k-225k, although unrestricted funds remain high at £1,865,577. The trustees note that the charity is in a stronger financial position following the full repayment of secured borrowing against Pilgrim Hall.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of expenditure (held: £1.9m)
“The target level of free reserves of at least 3 months of expenditure is equivalent to £200k-225k, which is achieved by the free reserves held.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from World Olivet Assembly (USA)
“The total donations received from WOA in the year was £475,734 (2024: £480,414). There were no debtors (2024: £nil) or creditors (2024: £nil) at the year end. There were no other transactions with WOA during the year.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Global London College
“On 5 May 2020, the charity acquired in cash, 100% of the share capital of a company, Global London College” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BK Plus Audit Limited. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.2m
Total spending
£895k
Cost of raising funds
£134k
Reserves (reported)
£71k
Employees
10

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (83% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 11.0% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Camden · East Sussex

Income and spending

Financial year endIncomeSpending
31/08/2025£1.2m£895k
31/08/2024£1.3m£923k
31/08/2023£995k£1.0m
31/08/2022£713k£710k
31/08/2021£789k£597k

Common questions

Is OLIVET ASSEMBLY financially healthy?

Per its FY2025 accounts: The accounts state that consolidated income decreased to £1,215,906 from £1,301,943 in the prior year, while consolidated expenditure fell to £895,498. The charity reports a surplus in free reserves of £71,408, which is below its stated policy target of £200k-225k, although unrestricted funds remain high at £1,865,577. The trustees note that the charity is in a stronger financial position following the full repayment of secured borrowing against Pilgrim Hall. Its FY2025 accounts were audited by BK Plus Audit Limited.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with VICTORY CHRISTIAN CENTRE (THE CHURCH) IN FELLOWSHIP WITH ASSEMBLIES OF GOD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
OLIVET ASSEMBLY£1.2m—0unclear—no doubt
VICTORY CHRISTIAN CENTRE (THE CHURCH) IN FELLOWSHIP WITH ASSEMBLIES OF GOD FY2025£174k—0within—no doubt
GENERAL ASSEMBLY OF OUR LORD JESUS CHRIST APOSTOLIC INC FY2024£137k—0unclear—no doubt
CHILTERN CHURCH FY2025£276k—0unclear—no doubt
ONLY BELIEVE CHRISTIAN ASSEMBLY FY2025£121k—0above—no doubt
ARK COMMUNITY CHURCH SUTTON COLDFIELD FY2025£203k£41,6880unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.