TRIUMPH OF GRACE MINISTRIES
To advance the Christian faith and improve social conditions through charitable purposes in the UK and overseas.
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
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.