PEACE CHAPEL INTERNATIONAL
A) TO ADVANCE THE CHRISTIAN FAITH FOR THE PUBLIC BENEFIT THROUGH THE PROVISION OF FACILITIES FOR PUBLIC WORSHIP, PRAYER AND EVANGELISM, PRIMARILY IN TELFORD, AND THEREAFTER FURTHER AFIELD; ANDB) THE RELIEF OF POVERTY PRIMARILY IN AND AROUND THE AREAS OF TELFORD BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED OF FINANCIAL AND/OR BENEVOLENT SUPPORT.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds increased to £136,856, with a net income of £32,965 against charitable expenditure of £44,615. The trustees consider the financial position satisfactory and maintain a reserves policy target of at least £8,000 in general funds to cover three months of expenditure. The charity is subject to independent examination rather than audit.
What the accounts disclose
“the Trustees aim to keep atleast £8,000 in General Funds to cover three months expenditure should there be a short term fall in income.” — page 13
Property (HM Land Registry)
Register events
- Received assets from another charity (27/08/2019)
Trustees
- Rev MICHAEL ADOFOchair
- Constance Olekie Barketey
- GEORGINA AFUA TWUMWAAH
- Rev Bright michael Adofoh
- Stephen Appiah Frimpong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £78k | £45k |
| 29/02/2024 | £59k | £35k |
| 23/02/2023 | £53k | £52k |
| 23/02/2022 | £89k | £90k |
| 23/02/2021 | £150k | £145k |
Common questions
Is PEACE CHAPEL INTERNATIONAL financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds increased to £136,856, with a net income of £32,965 against charitable expenditure of £44,615. The trustees consider the financial position satisfactory and maintain a reserves policy target of at least £8,000 in general funds to cover three months of expenditure. The charity is subject to independent examination rather than audit. Its FY2025 accounts were independently examined.