POWER GRACE CHAPEL
Power Grace Chapel provides charitable services including but no limited to provision of food, clothing etc. to homeless, basic skill acquisition training for asylum seekers. We also run an open-to-all religious services with focus on the message of grace, love and hope.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased from £6,621 to £7,436, resulting in a net income of £815 for the year. The charity holds £4,276 in cash at bank against total creditors of £3,740, indicating positive current assets. The independent examiner confirmed that accounting records were kept and accounts accorded with those records.
What the accounts disclose
Trustees
- ABDULLAHI ALIYUchair
- CHINEDU OGBU
- MATHIAS JULIUS
- MR KUFRE JAMES EKPENYONG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/08/2025 | £29k | £28k |
| 01/08/2024 | £21k | £16k |
| 01/08/2023 | £13k | £11k |
| 01/08/2022 | £19k | £9k |
| 01/08/2021 | £7k | £172 |
Common questions
Is POWER GRACE CHAPEL financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased from £6,621 to £7,436, resulting in a net income of £815 for the year. The charity holds £4,276 in cash at bank against total creditors of £3,740, indicating positive current assets. The independent examiner confirmed that accounting records were kept and accounts accorded with those records. Its FY2025 accounts were independently examined.