HOUSEHOLD OF FAITH MINISTRY
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Objects
THE ADVANCEMENT OF CHRISTIAN FAITH IN ENGLAND AND THE WORLD AT LARGE.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £276,879, which is above the stated policy target of three months of unrestricted expenditure. The charity reported a surplus of £91,358 for the year, with total income of £145,374 against total payments of £54,016.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 5
Policies the charity declares
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- PHILOMENA IKONAGBONchair
- CAROLYN BOODRAM
- Courage Ikonagbon
- YVONNE ELO ANARO-WOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £145k | £54k |
| 31/03/2024 | £98k | £45k |
| 31/03/2023 | £75k | £34k |
| 31/03/2022 | £38k | £17k |
| 31/03/2021 | £10k | £2k |
Common questions
Is HOUSEHOLD OF FAITH MINISTRY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £276,879, which is above the stated policy target of three months of unrestricted expenditure. The charity reported a surplus of £91,358 for the year, with total income of £145,374 against total payments of £54,016. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOLA TRUST | 1 | £11k |
| GOSPEL PARTNERS TRUST | 1 | £4k |
Charities like this
- CHRIST CHURCH HAYWARDS HEATH
- WEST KILBURN BAPTIST CHURCH
- CALVARY CHAPEL WESTMINSTER
- REHOBOTH CHURCH LONDON
- TRINITY CHURCH EVERTON
- WORCESTER PARK BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOUSEHOLD OF FAITH MINISTRY | £145k | — | 0 | above | — | no doubt |
| CHRIST CHURCH HAYWARDS HEATH | £297k | — | 0 | above | — | no doubt |
| WEST KILBURN BAPTIST CHURCH | £168k | £41,970 | 0 | unclear | — | no doubt |
| CALVARY CHAPEL WESTMINSTER | £206k | — | 0 | unclear | — | no doubt |
| REHOBOTH CHURCH LONDON | £177k | — | 0 | unclear | — | no doubt |
| TRINITY CHURCH EVERTON | £137k | — | 0 | unclear | — | no doubt |