FAITH CHURCH MINISTRIES LIMITED
Financial health, per its FY2023 accounts
The accounts state that total net assets increased to £382,398 from £288,928 in the prior year, driven by a net movement in funds of £93,470. The charity holds unrestricted general reserves of £194,586 and restricted building funds of £187,812, with the trustees maintaining a policy of retaining reserves sufficient for foreseeable needs. No material uncertainties or serious incidents were reported during the financial period.
What the accounts disclose
“The trustees have set a policy of retaining reserves sufficient for the foreseeable needs of the church.” — page 4
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (15/08/2017)
Trustees
- Christeen Shiyabel Danncius
- Dr Paul Deluxan Anthonipillai
- Kumarasamy Vickneswarakumaran
- Rev Nirmala ANTHONIPILLAI
- Suthan Vasanthan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £462k | £569k |
| 31/03/2024 | £610k | £341k |
| 31/03/2023 | £423k | £329k |
| 31/03/2022 | £365k | £303k |
| 31/03/2021 | £284k | £267k |
Common questions
Is FAITH CHURCH MINISTRIES LIMITED financially healthy?
The accounts state that total net assets increased to £382,398 from £288,928 in the prior year, driven by a net movement in funds of £93,470. The charity holds unrestricted general reserves of £194,586 and restricted building funds of £187,812, with the trustees maintaining a policy of retaining reserves sufficient for foreseeable needs. No material uncertainties or serious incidents were reported during the financial period. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |