CHOSEN CHURCH MINISTRIES
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Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £45,385.24 for the year ended 30 April 2025, with total income of £108,368.65 against expenditure of £62,983.41. Per the balance sheet, the charity holds unrestricted reserves of £45,385.24, with no current liabilities or debtors recorded. The trustees consider it prudent that free, unrestricted reserves need only be sufficient to meet running costs.
What the accounts disclose
“Tithes & Offerings 72,522.05”
“consider it prudent that free, unrestricted reserves need only be sufficient to meet running costs.” — page 8
Trustees
- Dr SUNDAY ADEBOLA
- ISAIAH DARE OYEDELE
- PASTOR JOEL TALLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £108k | £63k |
| 30/04/2024 | £73k | £50k |
| 30/04/2023 | £48k | £38k |
| 30/04/2022 | £28k | £30k |
| 30/04/2021 | £28k | £26k |
Common questions
Is CHOSEN CHURCH MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £45,385.24 for the year ended 30 April 2025, with total income of £108,368.65 against expenditure of £62,983.41. Per the balance sheet, the charity holds unrestricted reserves of £45,385.24, with no current liabilities or debtors recorded. The trustees consider it prudent that free, unrestricted reserves need only be sufficient to meet running costs. Its FY2025 accounts were independently examined.