CHEERFUL HEART
We preach the Gospel of Jesus Christ, we train people to become followers of Jesus, we help drug addicts and alcoholics come out of their conditions employing spiritual principles. We strengthen marriages, we train young people who want to enter into marriage. We reach out to the community and provide various activities for the youth such as: table tennis, snooker, etc.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted income was £25,568, which was insufficient to cover total expenditures of £27,913, resulting in a net decrease in cash funds. The charity currently holds no reserve fund and has not yet established a policy target for reserves, though trustees are considering maintaining a balance to cover one year of expenses.
What the accounts disclose
“Cheerful Heart has not got a reserve fund, and it is not yet discussed. We are looking at maintaining a balance on unrestricted funds to equate to at least one year in order cover bill payments and overall building expenses, and also to cover some emergency situations”
Trustees
- BENZ LIBALI MODIAchair
- Joyce LIBALI MODIA
- Maria de Fatima Coreia Rios
- Thulane Kingsley Shabangu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/04/2025 | £26k | £27k |
| 01/04/2024 | £25k | £23k |
| 01/04/2023 | £29k | £27k |
| 01/04/2022 | £41k | £40k |
| 01/04/2021 | £22k | £25k |
Common questions
Is CHEERFUL HEART financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted income was £25,568, which was insufficient to cover total expenditures of £27,913, resulting in a net decrease in cash funds. The charity currently holds no reserve fund and has not yet established a policy target for reserves, though trustees are considering maintaining a balance to cover one year of expenses. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 02/10/2020 | £3k | VSCE CMC Fund |