CARMEL INTERNATIONAL MINISTRIES
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds total £160,811, which exceeds the charity's stated policy target of maintaining reserves equivalent to three months of unrestricted expenditure. The charity reported a net movement in funds of £67,997 for the year, indicating a positive financial position with no material uncertainties disclosed regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 5
“The pastor Roy Thomas received £15745 for Pastoral services offered to the church” — page 12
“The pastor Roy Thomas received £15745 for Pastoral services offered to the church” — page 12
Trustees
- Roy Thomaschair
- Antony Joseph Painal
- Daniel Mathew
- Jerry Kurian
- Sabu Chacko
- Shaji Mathew
- Siby Abraham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £118k | £50k |
| 31/03/2024 | £95k | £47k |
| 31/03/2023 | £45k | £31k |
| 31/03/2022 | £44k | £29k |
| 31/03/2021 | £20k | £6k |
Common questions
Is CARMEL INTERNATIONAL MINISTRIES financially healthy?
The accounts state that unrestricted funds total £160,811, which exceeds the charity's stated policy target of maintaining reserves equivalent to three months of unrestricted expenditure. The charity reported a net movement in funds of £67,997 for the year, indicating a positive financial position with no material uncertainties disclosed regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.