R.C.C.G GRACE HAVEN CHAPEL
Worship Services. Advancement of the Christian religion worldwide. The relief of poverty worldwide. Local Community Projects including community-focused events. Provision of grants to other charitable and voluntary organisations.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds were £8,741 at the end of the year, which is below the trustees' stated policy target of maintaining reserves equivalent to 12 months of unrestricted expenditure. The trustees report that funds are sufficient for medium-term operation, but the charity relies on voluntary support staff and has no investments held.
What the accounts disclose
“Unrestricted funds are maintained at least this level throughout the year.”
Trustees
- Ayotunde Adesanyachair
- BENJAMIN EKEYI
- OLAYINKA OKENARHE
- OLUJIDE ODUFEJO
- Samuel Ilesanmi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £28k | £28k |
| 31/01/2024 | £46k | £54k |
| 31/01/2023 | £38k | £37k |
| 31/01/2022 | £39k | £39k |
| 31/01/2021 | £27k | £14k |
Common questions
Is R.C.C.G GRACE HAVEN CHAPEL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds were £8,741 at the end of the year, which is below the trustees' stated policy target of maintaining reserves equivalent to 12 months of unrestricted expenditure. The trustees report that funds are sufficient for medium-term operation, but the charity relies on voluntary support staff and has no investments held. Its FY2025 accounts were independently examined.