FIVE GRACE CHURCH
THE PRINCIPAL OBJECTIVES OF FIVE GRACE CHURCH, AS SET IN OUR CONSTITUTION, IS THE ADVANCEMENT OF THE CHRISTIAN FAITH FOR THE BENEFIT OF THE PUBLIC.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £2,622 for the year, resulting in unrestricted funds decreasing from £81,904 to £79,282. The trustees acknowledge the company is entitled to exemption from audit under the small companies' regime. The independent examiner confirmed that no material matters came to their attention regarding the preparation of the accounts.
What the accounts disclose
“Donations and legacies 74,203”
“There was 1 trustee who received remuneration between £0-£10000 for the year ended 31 December 2024” — page 10
Trustees
- Dr AKINYEMI OLUFUNSO OLUWOLE
- Dr VICTORIA LAHLIWE KUNENE
- KARL HARRINGTON DENNIS
- KEHINDE ADEBAYO ONIYE
- TANISHA TAMARA CESPEDES-GRANT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £74k | £77k |
| 30/11/2023 | £70k | £82k |
| 30/11/2022 | £81k | £81k |
| 30/11/2021 | £80k | £56k |
| 30/11/2020 | £92k | £55k |
Common questions
Is FIVE GRACE CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £2,622 for the year, resulting in unrestricted funds decreasing from £81,904 to £79,282. The trustees acknowledge the company is entitled to exemption from audit under the small companies' regime. The independent examiner confirmed that no material matters came to their attention regarding the preparation of the accounts. Its FY2024 accounts were independently examined.