CHURCH OF GOD (SEVENTH DAY) CROYDON
The advancement of the Christian religion for the public benefit in particular but not exclusively by: 1) coordinating the work of the church in preaching the gospel 2) teaching the Christian faith and promoting and supporting principles of morality, benevolence and charity through community initiatives 3) supporting projects dealing with humane causes
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £32,167 for the year ended 31 December 2024, compared to a surplus in the prior year. Total funds decreased from £1,252,439 to £1,220,272, with unrestricted reserves falling to £157,692. The trustees confirmed that the financial statements were prepared on a going concern basis.
What the accounts disclose
“Investment property represents a 50% joint venture project with Deptford Church of God (Seventh Day) to purchase and renovate a house (21 Derby Rd.) into 2 flats.” — page 13
Trustees
- Reuben Harris ACCAchair
- BEVLYN ELEEN CAMPBELL
- GLENFORD HILL
- LORAINE MAY HARRISON
- MARILYN DAVIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £164k | £196k |
| 31/12/2023 | £142k | £137k |
| 31/12/2022 | £150k | £133k |
| 31/12/2021 | £124k | £92k |
| 31/12/2020 | £107k | £104k |
Common questions
Is CHURCH OF GOD (SEVENTH DAY) CROYDON financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £32,167 for the year ended 31 December 2024, compared to a surplus in the prior year. Total funds decreased from £1,252,439 to £1,220,272, with unrestricted reserves falling to £157,692. The trustees confirmed that the financial statements were prepared on a going concern basis. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/12/2022 | £10k | Building Blocks Baby Bank |