CHRIST APOSTOLIC CHURCH (VINEYARD OF COMFORT ) EAST LONDON ASSEMBLY
A place of service beyond religion. A gathering where diverse needs are met ranging from counselling to advise of all sorts with potential of sign posting to service providers. Collaborative works with existing charities accessible to both young and old, but based on Biblical and scriptural doctrines. Activities include Family gathering, Women Night Shelter (winter only) Community research etc.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted reserves are £33,038, which the trustees report is sufficient to meet their policy target of six months of operational costs. The charity's total income for the year was £84,780, primarily from voluntary donations, while total payments amounted to £76,374.
What the accounts disclose
“The Trustees has adopted a reserve policy of ensuring that at every point in time the church must have not less than six months of operational cost or overheads in its bank account so it can fall on should the church not be able to run its services for any reason.” — page 5
Trustees
- Rev JAMES OLANIPEKUNchair
- DOTUN ADEYEMO
- Dr Samuel Kayode Abiara
- JOHNSON OLAYEYE OWOLABI
- Micheal Olutayo Omolola
- Pastor JOHN BAMGBOSE
- TUNJI JOHNSON EKUNDAYO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £85k | £76k |
| 31/12/2023 | £65k | £46k |
| 31/12/2022 | £20k | £18k |
| 31/12/2021 | £16k | £16k |
| 31/12/2020 | £16k | £12k |
Common questions
Is CHRIST APOSTOLIC CHURCH (VINEYARD OF COMFORT ) EAST LONDON ASSEMBLY financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted reserves are £33,038, which the trustees report is sufficient to meet their policy target of six months of operational costs. The charity's total income for the year was £84,780, primarily from voluntary donations, while total payments amounted to £76,374. Its FY2024 accounts were independently examined.