ALTAR OF GRACE PENTECOSTAL MINISTRY
ADVANCING THE CHRISTIAN FAITH THROUGH WORSHIP SERVICES
Objects
TO ADVANCE THE CHRISTIAN FAITH IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported unrestricted funds of £28,109 against a reserves policy target of approximately 12 months of expenditure. The document notes that the charity is currently reviewing this reserves policy to ensure it can continue activities in the event of a significant drop in funding.
What the accounts disclose
“Tithes & Offering 27,359”
“The charity’s policy is to retain reserves, in the form of unrestricted funds, to a level where they equate in value approximately 12 months expenditure.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- NANA KWESI GYEDUchair
- CHARITY DWAMENA
- EMMANUEL GYEDU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £27k | £24k |
| 31/12/2024 | £32k | £30k |
| 31/12/2023 | £23k | £15k |
| 31/12/2022 | £29k | £25k |
| 31/12/2021 | £16k | £12k |
Common questions
Is ALTAR OF GRACE PENTECOSTAL MINISTRY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported unrestricted funds of £28,109 against a reserves policy target of approximately 12 months of expenditure. The document notes that the charity is currently reviewing this reserves policy to ensure it can continue activities in the event of a significant drop in funding. Its FY2025 accounts were independently examined.