WORD OF LIFE CHURCH ASHINGTON
Religious Organisation - Reaching out to the community in which we serve to spread the Gospel of Jesus Christ in love
Financial health, per its FY2024 accounts
The accounts state that total assets amounted to £31,493.20 as of 31 December 2024, with unrestricted funds held in a bank account of £23,073.25. The independent examiner reported no errors or anomalies in the accounting records, though noted that external funding for a specific project was not kept separate. The trustees confirmed that the charity has sufficient funds to cover bills for the following year.
What the accounts disclose
“Michael advised that gift aid was proving to be successful in providing extra income for the church.” — page 2
“Because we are a charity, we must have enough money in our bank account to cover bills for the following year.” — page 1
Trustees
- PASTOR MICHAEL DAVID HEDLEYchair
- Denis Ralph Batey
- Olaronke Gbadebo
- Wendy Aileen Ellis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £59k | £45k |
| 31/12/2023 | £24k | £32k |
| 31/12/2022 | £23k | £32k |
| 31/12/2021 | £39k | £39k |
| 31/12/2020 | £61k | £37k |
Common questions
Is WORD OF LIFE CHURCH ASHINGTON financially healthy?
Per its FY2024 accounts: The accounts state that total assets amounted to £31,493.20 as of 31 December 2024, with unrestricted funds held in a bank account of £23,073.25. The independent examiner reported no errors or anomalies in the accounting records, though noted that external funding for a specific project was not kept separate. The trustees confirmed that the charity has sufficient funds to cover bills for the following year. Its FY2024 accounts were independently examined.