JORDAN RESTORATION MINISTRY
HOLDING REGULAR CHRISTIAN WORSHIP SERVICES TO PROMOTE THE CHRISTIAN FAITH IN THE COMMUNITY.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £35,394 at year-end, resulting in a net receipt of £1,511 for the period. The trustees report that the charity is in a good position to manage its costs, with total income of £51,835 slightly exceeding total payments of £50,324. Reserves are held in unrestricted funds, which the trustees aim to maintain at approximately three months of unrestricted expenditure.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 4
Trustees
- GEORGE AMARKWEIchair
- ALFRED TOPENG
- MARGARET TAWIAH
- Tigest Asgedom
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £50k |
| 31/12/2023 | £46k | £51k |
| 31/12/2022 | £45k | £48k |
| 31/12/2021 | £40k | £47k |
| 31/12/2020 | £47k | £33k |
Common questions
Is JORDAN RESTORATION MINISTRY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £35,394 at year-end, resulting in a net receipt of £1,511 for the period. The trustees report that the charity is in a good position to manage its costs, with total income of £51,835 slightly exceeding total payments of £50,324. Reserves are held in unrestricted funds, which the trustees aim to maintain at approximately three months of unrestricted expenditure. Its FY2024 accounts were independently examined.