CELESTIAL CHURCH OF CHRIST - HOUSE OF PRAISE PARISH
Place of Christian worship
Financial health, per its FY2025 accounts
The accounts state that the charity recorded an operating surplus of £19,203 for the year ended 31st December 2025, with total income of £110,446 against total expenditure of £91,243. Per the trustees' report, the charity aims to retain free reserves equivalent to three months of unrestricted expenditure to manage risks such as sudden declines in income. The trustees have implemented robust budgetary controls and reviewed the effectiveness of their internal control systems.
What the accounts disclose
“The Trustees aim to retain sufficient free reserves at a level which equate to three months of unrestricted expenditure.” — page 4
Trustees
- SUNDAY ONABANJOchair
- Esther Olufunke Lawal
- Goriola Andu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £110k | £91k |
| 31/12/2024 | £79k | £87k |
| 31/12/2023 | £88k | £78k |
| 31/12/2022 | £65k | £61k |
| 31/12/2021 | £53k | £45k |
Common questions
Is CELESTIAL CHURCH OF CHRIST - HOUSE OF PRAISE PARISH financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded an operating surplus of £19,203 for the year ended 31st December 2025, with total income of £110,446 against total expenditure of £91,243. Per the trustees' report, the charity aims to retain free reserves equivalent to three months of unrestricted expenditure to manage risks such as sudden declines in income. The trustees have implemented robust budgetary controls and reviewed the effectiveness of their internal control systems. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/01/2021 | £10k | HOP Food Relief |
| UK government | 02/09/2020 | £10k | Coronavirus Community Support Fund |