THE ARK MISSION AT TRINITY LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £2,998 for the year ended 31 July 2024, with total unrestricted net current assets of £78,630. Per the trustees' report, this level of reserves is maintained above the stated policy target of three months' expenditure, which amounts to approximately £35,500. The charity operates a defined contribution pension scheme and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“No employee received emoluments of more than £60,000 during the year.” — page 19
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
“Gifts totalling £6,230 (2023: £9,344) were made to The Shepherd Ministries a charity in which trustee Chukwudi Aniereobi is a trustee.” — page 23
“Gifts totalling £2,676 (2023: £51,032) were made to Ready Steady Go! Preschool (Bromley), a charity which is controlled by three trustees of this charity.” — page 23
“Gifts totalling £6,230 (2023: £9,344) were made to The Shepherd Ministries a charity in which trustee Chukwudi Aniereobi is a trustee.” — page 23
“Gifts totalling £2,676 (2023: £51,032) were made to Ready Steady Go! Preschool (Bromley), a charity which is controlled by three trustees of this charity.” — page 23
“Gifts totalling £6,230 (2023: £9,344) were made to The Shepherd Ministries a charity in which trustee Chukwudi Aniereobi is a trustee.” — page 23
“Gifts totalling £2,676 (2023: £51,032) were made to Ready Steady Go! Preschool (Bromley), a charity which is controlled by three trustees of this charity.” — page 23
“Gifts totalling £6,230 (2023: £9,344) were made to The Shepherd Ministries a charity in which trustee Chukwudi Aniereobi is a trustee.” — page 23
“Gifts totalling £2,676 (2023: £51,032) were made to Ready Steady Go! Preschool (Bromley), a charity which is controlled by three trustees of this charity.” — page 23
“Gifts totalling £6,230 (2023: £9,344) were made to The Shepherd Ministries a charity in which trustee Chukwudi Aniereobi is a trustee.” — page 23
“Gifts totalling £2,676 (2023: £51,032) were made to Ready Steady Go! Preschool (Bromley), a charity which is controlled by three trustees of this charity.” — page 23
Register events
- Received assets from another charity (06/10/2023)
Trustees
- Stephen Hirstchair
- CHUKWUDI ANIEREOBI
- Edward Otieno
- Maria Burgess
- Maria Morgan
- PASTOR JOHN INGLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £165k | £199k |
| 31/07/2024 | £249k | £226k |
| 31/07/2023 | £249k | £226k |
| 31/01/2022 | £141k | £70k |
Common questions
Is THE ARK MISSION AT TRINITY LIMITED financially healthy?
The accounts state that the charity reported a surplus of £2,998 for the year ended 31 July 2024, with total unrestricted net current assets of £78,630. Per the trustees' report, this level of reserves is maintained above the stated policy target of three months' expenditure, which amounts to approximately £35,500. The charity operates a defined contribution pension scheme and has no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
What does the highest-paid employee of THE ARK MISSION AT TRINITY LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LIFE CHURCH (CENTRAL ENGLAND) | 1 | £42k |
| CITY CHURCH ( CAMBRIDGE ) | 1 | £37k |
| C E K STERN CHARITABLE TRUST | 1 | £35k |
| KINGSGATE CHURCH TRUST | 1 | £30k |
| AYLSHAM COMMUNITY CHURCH | 1 | £24k |