HOUSE OF FAVOUR INTERNATIONAL CHURCH WOLVERHAMPTON (RESTORATION CENTRE)
To advance the christian faith for the benefit of the public in accordance with the statement of beliefs in such parts of the United Kingdom as the Trustees from time to time may fit.The relief of sickness and poverty of the general public by providing: goods to individuals in need, which they could not otherwise afford through lack of means.
Objects
THE CHARITYÆS OBJECTIVES (ÔTHE OBJECTSÖ) ARE TO:(1) TO ADVANCE THE CHRISTIAN FAITH FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT (2) THE RELIEF OF SICKNESS AND POVERTY OF THE GENERAL PUBLIC BY PROVIDING: GOODS TO INDIVIDUALS IN NEED, WHICH THEY COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS(3) THE TRUSTEES MUST USE THE INCOME AND MAY USE THE CAPITAL OF THE CHURCH IN PROMOTING THE OBJECTS
Financial health, per its FY2025 accounts
The accounts state that the charity held no reserves at the end of the period, with total unrestricted funds of £13,448. The trustees report that the charity is in stable condition with no concerns regarding going concern, despite noting that income declined due to the failure to access a grant. Operational costs, including electricity bills, escalated during the period.
What the accounts disclose
“Church Offering 28,302” — page 1
“No reserves were held” — page 7
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
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- 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
- Maris Aghedo
- Moses Otagho
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £40k | £37k |
| 05/04/2024 | £36k | £35k |
| 05/04/2023 | £35k | £34k |
| 05/04/2022 | £42k | £57k |
| 05/04/2021 | £61k | £46k |
Common questions
Is HOUSE OF FAVOUR INTERNATIONAL CHURCH WOLVERHAMPTON (RESTORATION CENTRE) financially healthy?
Per its FY2025 accounts: The accounts state that the charity held no reserves at the end of the period, with total unrestricted funds of £13,448. The trustees report that the charity is in stable condition with no concerns regarding going concern, despite noting that income declined due to the failure to access a grant. Operational costs, including electricity bills, escalated during the period.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/04/2021 | £9k | Help The Elderly COVID-19 |