NORTH LONDON IRANIAN CHURCH
Sharing the Good News of the Gospel with Iranians and Afghans and involving the church in Charity works among them for the glory of God
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash reserves stood at £207,981, which exceeds the trustees' policy target of £80,000. The charity reported a net increase in cash of £47,793 for the year, with total receipts of £224,299 against payments of £176,506. The trustees confirmed that the charity is complying with its reserves policy and maintained financial stability despite increased program activity.
What the accounts disclose
“Rev Edward Hovsepian Mehr served as church leader and was paid £39,600 (2023: £0) for serving in that capacity, not for serving as a trustee.” — page 10
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £80,000 (which equates to about 6 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely.” — page 6
“Rev Edward Hovsepian Mehr served as church leader and was paid £39,600 (2023: £0) for serving in that capacity, not for serving as a trustee. This payment is not permitted by the charity's governing document and on being advised of this breech Rev Edward Hovsepian Mehr immediately resigned as a trustee.” — page 10
“The church gave funds to the Iranian Christian Fellowship (ICF) of £15,405 (2023:£35,722). Malcolm Stuart Steer is also a trustee of the ICF.” — page 10
“Rev Edward Hovsepian Mehr served as church leader and was paid £39,600 (2023: £0) for serving in that capacity, not for serving as a trustee. This payment is not permitted by the charity's governing document and on being advised of this breech Rev Edward Hovsepian Mehr immediately resigned as a trustee.” — page 10
“The church gave funds to the Iranian Christian Fellowship (ICF) of £15,405 (2023:£35,722). Malcolm Stuart Steer is also a trustee of the ICF.” — page 10
“I draw attention to note 4 to the accounts where it is noted that the employment of related parties was not permitted by the governing document. As noted, the charity have now ensured that no related parties are employed. I have reported this to the Charity Commission in line with my statutory duty.” — page 7
Trustees
- MALCOLM STUART STEER
- SHIMA PISHEHVARZ
- Seyed Amir Amiri ghahfarokhi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £224k | £177k |
| 31/12/2023 | £156k | £162k |
| 31/12/2022 | £164k | £155k |
| 31/12/2021 | £99k | £97k |
| 31/12/2020 | £91k | £77k |
Common questions
Is NORTH LONDON IRANIAN CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash reserves stood at £207,981, which exceeds the trustees' policy target of £80,000. The charity reported a net increase in cash of £47,793 for the year, with total receipts of £224,299 against payments of £176,506. The trustees confirmed that the charity is complying with its reserves policy and maintained financial stability despite increased program activity. Its FY2024 accounts were independently examined.
What does the highest-paid employee of NORTH LONDON IRANIAN CHURCH earn?
Per its FY2024 accounts, the highest-paid employee was in the £30,001 - £40,000 band.