Soteria City International Gospel Church
Christian faith based religious activities, Community support and development projects to alleviate suffering and poverty in our local community, empower young adults on vocational skills. Supporting other charities who help to alleviate suffering and poverty. Embark On Evangelical Missions, organise Leadership Training, Teachings, Seminars, Counselling, Discussions, and Revival.
Financial health, per its FY2024 accounts
The accounts state that unrestricted net assets stood at £1,516, which is below the trustees' stated policy target of three months of annual expenditure. The charity reported a net incoming resource of £410 for the period, with total incoming resources of £32,318 and total resources expended of £31,908.
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 5
Trustees
- Ebere Ayara
- Frank Abu
- Rev Kufre Levi Ayara
- Victoria Somina Whyte
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £32k | £32k |
| 31/12/2023 | £12k | £11k |
| 31/12/2022 | £5k | £5k |
| 31/12/2021 | £3k | £3k |
| 31/12/2020 | £3k | £3k |
Common questions
Is Soteria City International Gospel Church financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted net assets stood at £1,516, which is below the trustees' stated policy target of three months of annual expenditure. The charity reported a net incoming resource of £410 for the period, with total incoming resources of £32,318 and total resources expended of £31,908. Its FY2024 accounts were independently examined.