222 Ministries
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds totalled £68,185, which is above the stated reserves policy target of £40,000. The charity reported a net movement in funds of £18,643 for the year, resulting in total net assets of £252,634. The trustees confirmed adequate resources for the foreseeable future, noting the charity is dependent on donor support.
What the accounts disclose
“Following review Trustees maintained the Reserves Policy at £40,000. This represents over six months of anticipated General Funds operating costs.” — page 7
Funders the charity credits
- Biblica
- Release International
- Trans World Radio
- Step Forward Global Ministries
- Strategic Resource Group
- Trinity Anglican Church Chicago
- Freedom in Christ Ministries International
Register events
- Received assets from another charity (29/10/2018)
Trustees
- Dr DAVID LISTER
- EDGAR ALLAN RICH
- MR MIKE THOMAS
- REV MAGGIE YEGHNAZAR
- Rev LAZARUS YEGHNAZAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £178k | £280k |
| 31/12/2023 | £281k | £263k |
| 31/12/2022 | £201k | £220k |
| 31/12/2021 | £299k | £312k |
| 31/12/2020 | £465k | £258k |
Common questions
Is 222 Ministries financially healthy?
The accounts state that unrestricted funds totalled £68,185, which is above the stated reserves policy target of £40,000. The charity reported a net movement in funds of £18,643 for the year, resulting in total net assets of £252,634. The trustees confirmed adequate resources for the foreseeable future, noting the charity is dependent on donor support. Its FY2023 accounts were independently examined.
Who funds 222 Ministries?
Funders whose own accounts filings name 222 Ministries as a grant recipient include THE BEACON CHURCH CAMBERLEY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BEACON CHURCH CAMBERLEY | FY2022 | £16k |