WORDALIVE MINISTRIES UK(WAM -UK)
The objectives of WAM and its Church Arm, WorldAlive Ministries are all for charitable purposes are these are:To advance the Christian Faith in accordance with the statement of beliefs in such parts of the United Kingdom or the world as the Trustees from time to time may think fitTo relieve sickness and financial hardshipTo promote and preserve good health by the provision of funds
Financial health, per its FY2024 accounts
The accounts state that total incoming resources for the year were £39,437, with unrestricted reserves standing at £1,295 at the end of the period. The charity reported a surplus of £383 for the year, having expended £39,054 on charitable activities. The trustees confirm that systems are in place to mitigate major risks to operations and finances.
What the accounts disclose
Trustees
- SIMEON OLAREWAJUchair
- CHRISTOPHER AKINTUNDE OLABANJI
- OLUWASEUN OYELAMI
- SAMUEL KEHINDE DARAMOLA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £49k | £44k |
| 31/12/2024 | £39k | £39k |
| 31/12/2023 | £32k | £32k |
| 31/12/2022 | £24k | £31k |
| 31/12/2021 | £24k | £21k |
Common questions
Is WORDALIVE MINISTRIES UK(WAM -UK) financially healthy?
Per its FY2024 accounts: The accounts state that total incoming resources for the year were £39,437, with unrestricted reserves standing at £1,295 at the end of the period. The charity reported a surplus of £383 for the year, having expended £39,054 on charitable activities. The trustees confirm that systems are in place to mitigate major risks to operations and finances. Its FY2024 accounts were independently examined.