CAC KINGSWELL MANCHESTER
Advancement of christian faith Community outreach events. Provision of welfare support to members. Provision of support to other charities. Conferences and Events.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £3,126 for the year ended 31 March 2025, resulting in a decrease in total funds from £4,762 to £2,243. The trustees maintain a reserves policy target of three months of annual expenditure, but the current unrestricted funds of £2,243 are below this threshold. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements.
What the accounts disclose
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure.” — page 6
Trustees
- ADEREMI EFUNNUGA
- JIMMY APANTAKU
- MOSUNMOLA EFUNNUGA
- SUNDAY IBUDE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £30k | £33k |
| 31/03/2024 | £24k | £21k |
| 31/03/2023 | £36k | £34k |
| 31/03/2022 | £21k | £27k |
| 31/03/2021 | £35k | £29k |
Common questions
Is CAC KINGSWELL MANCHESTER financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £3,126 for the year ended 31 March 2025, resulting in a decrease in total funds from £4,762 to £2,243. The trustees maintain a reserves policy target of three months of annual expenditure, but the current unrestricted funds of £2,243 are below this threshold. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements. Its FY2025 accounts were independently examined.