CELESTIAL CHURCH OF CHRIST MAJEMUOLWASE PARISH

Registered charity 1191649 · accounts filings on the Charity Commission register

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.

Causes: General Charitable Purposes · Religious Activities · Get email alerts

Latest income

£38k

Latest spending

£40k

Registered

2020

Accounts read

FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £9k)

“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

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

TEMIDAYO EGUNDEBIchair
ERIC FUNSO AKINYEYE

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

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.