GLOBAL CHURCH OF GRACE MINISTRIES
Advancement of the Christian faith.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £12,541 for the year, reducing unrestricted funds from £334,743 to £322,202. The trustees confirm that current free reserves meet the policy objective of securing three to six months of running costs. The independent examiner reported no material matters arising from their examination of the financial statements.
What the accounts disclose
“The charity's reserve policy aims to secure three to six months of running costs within the general free reserves to ensure ongoing sustainability.” — page 3
Trustees
- Rev SAMUEL KYEI-BAAFOURchair
- ALBERT COLEMAN
- Rev DAVID OFORI-ADJEI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £194k | £207k |
| 31/03/2024 | £293k | £230k |
| 31/03/2023 | £256k | £204k |
| 31/03/2022 | £162k | £145k |
| 31/03/2021 | £159k | £124k |
Common questions
Is GLOBAL CHURCH OF GRACE MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £12,541 for the year, reducing unrestricted funds from £334,743 to £322,202. The trustees confirm that current free reserves meet the policy objective of securing three to six months of running costs. The independent examiner reported no material matters arising from their examination of the financial statements. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOSPEL PARTNERS TRUST | 1 | £4k |
Charities like this
- DOME OF GRACE INTERNATIONAL CHURCH
- MALAYALAM GOSPEL CHURCH
- GRACE COMMUNITY CHURCH
- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
- GRACE CHURCH MANCHESTER
- THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GLOBAL CHURCH OF GRACE MINISTRIES | £194k | — | 0 | above | — | no doubt |
| DOME OF GRACE INTERNATIONAL CHURCH | £129k | — | 0 | no_policy | — | no doubt |
| MALAYALAM GOSPEL CHURCH | £205k | — | 0 | unclear | — | no doubt |
| GRACE COMMUNITY CHURCH | £85k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £157k | — | 0 | unclear | — | noted |
| GRACE CHURCH MANCHESTER | £184k | — | 0 | above | — | no doubt |