TRIUMPH OF GRACE MINISTRIES
To advance the Christian faith and improve social conditions through charitable purposes in the UK and overseas.
Objects
To advance the Christian faith in UK and overseas for the benefit of the public through the holding of prayer meetings, lectures public celebration of religious festivals producing and/or distributing literature on the Christian faith to enlighten others about the Christian faith.
Financial health, per its FY2025 accounts
The accounts state that total income increased significantly to £119,262 from £18,679 in the prior year, resulting in a net surplus of £66,878. Total funds at year-end rose to £78,555, with unrestricted reserves of £58,905. The trustees report adequate resources for the foreseeable future, though they note a dependency on the continuing support of trustees.
What the accounts disclose
“The charity is dependent upon the continuing support of its trustees. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.”
“The trustees made donations totalling £43,513 (2024: £6,203) to the charity during the year.” — page 16
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/02/2025
- Volunteers: 10
Self-declared on the annual return for the financial year ending 29/02/2024
- Volunteers: 10
Self-declared on the annual return for the financial year ending 28/02/2023
- Grant-making is its main activity
Trustees
- Christian Idahosachair
- Dave Idahosa
- EMILY SARAH WALKER
- Gladys Foday-Akah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £119k | £52k |
| 29/02/2024 | £19k | £23k |
| 28/02/2023 | £45k | £35k |
| 28/02/2022 | £24k | £15k |
| 28/02/2021 | £12k | £15k |
Common questions
Is TRIUMPH OF GRACE MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that total income increased significantly to £119,262 from £18,679 in the prior year, resulting in a net surplus of £66,878. Total funds at year-end rose to £78,555, with unrestricted reserves of £58,905. The trustees report adequate resources for the foreseeable future, though they note a dependency on the continuing support of trustees. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/01/2025 | £20k | Youth Integration and Community Resilience Project |
Charities like this
- TEMPLE OF GRACE
- THE TRIUMPHANT CHURCH OF GOD
- TRINITY MINISTRIES CHARITABLE TRUST
- THE GLORY OF GOD MINISTRY INTERNATIONAL
- INTERNATIONAL PLENITUDE MINISTRIES
- GRACE MINISTRY, LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TRIUMPH OF GRACE MINISTRIES | £119k | — | 0 | unclear | — | noted |
| TEMPLE OF GRACE | £70k | — | 0 | unclear | — | noted |
| THE TRIUMPHANT CHURCH OF GOD | £112k | — | 0 | unclear | — | no doubt |
| TRINITY MINISTRIES CHARITABLE TRUST | £127k | — | 0 | unclear | — | no doubt |
| THE GLORY OF GOD MINISTRY INTERNATIONAL | £27k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL PLENITUDE MINISTRIES | £216k | — | 0 | unclear | — | no doubt |