CELESTIAL CHURCH OF CHRIST MAJEMUOLWASE PARISH
To advance the Christian faith (in accordance with the Statements of beliefs) in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think may think fit.
Objects
TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net outgoing of resources for the year, resulting in a deficit of £1,304. Consequently, total funds decreased from £9,812 to £8,508, and the charity holds net current liabilities of £4,491. The trustees' report indicates a reserves policy target of three months of unrestricted expenditure, but the current unrestricted funds are insufficient to meet this target given the negative net assets.
What the accounts disclose
“The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- TEMIDAYO EGUNDEBIchair
- ERIC FUNSO AKINYEYE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £38k | £40k |
| 31/05/2024 | £24k | £24k |
| 31/05/2023 | £20k | £31k |
| 31/05/2022 | £60k | £79k |
| 31/05/2021 | £24k | £21k |
Common questions
Is CELESTIAL CHURCH OF CHRIST MAJEMUOLWASE PARISH financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net outgoing of resources for the year, resulting in a deficit of £1,304. Consequently, total funds decreased from £9,812 to £8,508, and the charity holds net current liabilities of £4,491. The trustees' report indicates a reserves policy target of three months of unrestricted expenditure, but the current unrestricted funds are insufficient to meet this target given the negative net assets. Its FY2025 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CELESTIAL CHURCH OF CHRIST MAJEMUOLWASE PARISH | £38k | — | 0 | unclear | — | no doubt |
| CELESTIAL CHURCH OF CHRIST GREATER LONDON PARISH | £131k | — | 0 | unclear | — | no doubt |
| CELESTIAL CHURCH OF CHRIST (SALVATION OF JESUS PARISH) | £36k | — | 0 | unclear | — | no doubt |
| CELESTIAL CHURCH OF CHRIST, CITADEL OF CELESTIANS PARISH | £141k | — | 0 | above | — | no doubt |
| CELESTIAL CHURCH OF CHRIST ILERI-OLUWA PARISH MANCHESTER | £807k | — | 0 | unclear | — | no doubt |
| THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH | £242k | — | 0 | unclear | — | no doubt |