CCC ILERI ATI MAJEMU OLUWA PARISH
The advancement of the Christian religion for the public benefit, and the relief of financial hardship among people living or working in the UK.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £492 in unrestricted funds, resulting in total unrestricted reserves of £(15,124). The trustees' report indicates that the charity's reserves policy targets three months of annual expenditure, but the current unrestricted position is negative. The charity relies on voluntary tithes and offerings for funding and has no tangible fixed assets.
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.”
Trustees
- Ajoke Omowunmi Hundeyinchair
- Bolade Michael Hundeyin
- YEWANDE YEJIDE AKINYEBO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £51k | £47k |
| 31/12/2024 | £47k | £45k |
| 31/12/2023 | £25k | £19k |
| 31/12/2022 | £25k | £42k |
| 31/12/2021 | £16k | £24k |
Common questions
Is CCC ILERI ATI MAJEMU OLUWA PARISH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £492 in unrestricted funds, resulting in total unrestricted reserves of £(15,124). The trustees' report indicates that the charity's reserves policy targets three months of annual expenditure, but the current unrestricted position is negative. The charity relies on voluntary tithes and offerings for funding and has no tangible fixed assets. Its FY2025 accounts were independently examined.