LONDON HUAXIA CHRISTIAN CHURCH
We hold Sunday Services and weekday group bible studies every week.1. Sunday Services - at London Huaxia Christian Church, Ray Lodge Road, Woodford Green, Essex, IG8 7NX2. Saturday bible study - at London Huaxia Christian Church, Ray Lodge Road, Woodford Green, Essex, IG8 7NX3. Online Bible study - Monday to Thursday Evening4. Online prayer meetings - Monday to Friday Morning
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £28k for the year, increasing its cash holdings to £62,895. The trustees confirm the charity is financially sustainable and able to continue operating for at least the next 15 months. Unrestricted cash held at year-end was £57k, which complies with the stated reserves policy of holding no less than £5k.
What the accounts disclose
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £5k so that the charity could continue to operate should income and / or expenditure vary adversely.” — page 5
“Pastor Paul Wei Lee (related party to Trustee Katherine Lee) was paid preaching fees of £1,300 during the year (2023: £1,400). These payments are permitted by the charity's governing document.” — page 11
“Pastor Paul Wei Lee (related party to Trustee Katherine Lee) was paid preaching fees of £1,300 during the year (2023: £1,400). These payments are permitted by the charity's governing document.” — page 11
Property (HM Land Registry)
Trustees
- Dakun Wang
- Quentin Wang
- shujie ding
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £67k | £39k |
| 31/12/2023 | £58k | £67k |
| 31/12/2022 | £252k | £69k |
| 31/12/2021 | £3k | £16k |
| 31/12/2020 | £50k | £13k |
Common questions
Is LONDON HUAXIA CHRISTIAN CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £28k for the year, increasing its cash holdings to £62,895. The trustees confirm the charity is financially sustainable and able to continue operating for at least the next 15 months. Unrestricted cash held at year-end was £57k, which complies with the stated reserves policy of holding no less than £5k. Its FY2024 accounts were independently examined.