KINGDOM PALACE OUTREACH
TO ADVANCE THE CHRISTIAN RELIGION, FOR THE PUBLIC BENEFIT, IN ACCORDANCE WITH THE TENETS AND THE BELIEFS OF THE CHURCH BY PROPAGATING THE GOSPEL OF JESUS CHRIST AND PROCLAIMING THE KINGDOM OF GOD. IN SUMMARY;1. RELIGIOUS ACTIVITIES2. ADVANCEMENT OF EDUCATION IN ACCORDANCE TO BIBLICAL PRINCIPLES.3. RELIEVING OF POVERTY.4. BIBLICAL COUNSELING & ADVISE.5. HELPING OTHER CHARITIES.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £5,256 for the year, resulting in a decrease in unrestricted reserves from £27,231 to £21,975. The trustees note that the charity is looking to grow and acquire property, but the current financial position shows a deficit against income.
What the accounts disclose
“the unrestricted funds not committed or invested in tangible fixed assets(the free reserve) held by the church should be 3 months of annual expenditure.” — page 4
Trustees
- PASTOR JOHN ADEYINKAchair
- ADEBOLA OYEDELE
- ADEDOYIN ANNE FASAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £116k | £121k |
| 30/09/2024 | £89k | £65k |
| 30/09/2023 | £69k | £68k |
| 30/09/2022 | £48k | £48k |
| 30/09/2021 | £21k | £18k |
Common questions
Is KINGDOM PALACE OUTREACH financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £5,256 for the year, resulting in a decrease in unrestricted reserves from £27,231 to £21,975. The trustees note that the charity is looking to grow and acquire property, but the current financial position shows a deficit against income. Its FY2025 accounts were independently examined.