GILGAL PENTECOSTAL ASSEMBLY
Church activities such as Prayer Meetings, Bible Study, Evangelism, Charity works and International Mission
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £98,879.12 for the year ended 31st March 2025, with total income of £188,002.30 against expenditures of £89,123.18. The trustees report that the organization is in a good position to manage its costs and has assessed major risks related to operations and finances. Cash funds increased from £102,399.81 to £201,278.93 during the period.
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 6
“Allowance to Church minister 22,700.00”
Trustees
- Pradeep Kuzhivelil Antonychair
- Bithen Thankachan Thachireth
- Blesson Chacko
- George Thomas
- Jessy Sabu
- Jithin Varghese John
- John Kandathil Koshy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £188k | £89k |
| 31/03/2024 | £111k | £70k |
| 31/03/2023 | £60k | £24k |
| 31/03/2022 | £33k | £21k |
| 31/03/2021 | £18k | £10k |
Common questions
Is GILGAL PENTECOSTAL ASSEMBLY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £98,879.12 for the year ended 31st March 2025, with total income of £188,002.30 against expenditures of £89,123.18. The trustees report that the organization is in a good position to manage its costs and has assessed major risks related to operations and finances. Cash funds increased from £102,399.81 to £201,278.93 during the period. Its FY2025 accounts were independently examined.