COME AND SEE MINISTRIES
Christian educationCharity giving to relieve povertyHelp less privilege to access education
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £198,833, which the trustees consider sufficient to meet immediate demand and align with their policy of maintaining six months of unrestricted payments. The charity reported a surplus for the year, with total receipts of £82,477 exceeding payments of £30,049, resulting in a net increase in bank balances. Despite noting a reduction in donations due to the economic climate, the charity maintained positive cash flow and continued its core ministry functions.
What the accounts disclose
“It is our policy to maintain a balance on unrestricted funds, which equates to approximately six months unrestricted payments” — page 5
Trustees
- IZUWA JOHN ANYANWUchair
- ALANEME ELIZABETH OGUGUA
- BENERDETTE ADEBAYO
- ELIZABETH JOSEPH
- PATRICK OBIEGBUNAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £82k | £30k |
| 31/12/2023 | £84k | £26k |
| 31/12/2022 | £71k | £19k |
| 31/12/2021 | £75k | £21k |
| 31/12/2020 | £57k | £12k |
Common questions
Is COME AND SEE MINISTRIES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £198,833, which the trustees consider sufficient to meet immediate demand and align with their policy of maintaining six months of unrestricted payments. The charity reported a surplus for the year, with total receipts of £82,477 exceeding payments of £30,049, resulting in a net increase in bank balances. Despite noting a reduction in donations due to the economic climate, the charity maintained positive cash flow and continued its core ministry functions. Its FY2024 accounts were independently examined.