FREE BELIEVERS IN CHRIST FELLOWSHIP
Worship services, Sunday Divine services, Prayer meetings and Bible studies
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £12,642 for the year ended 31 December 2025, resulting in a decrease in net assets to £656,691. The trustees have established a formal reserves policy target of £36,000, which is significantly below the actual unrestricted reserves of £441,281. The trustees confirm that the current level of reserves supports the organization on a going concern basis.
What the accounts disclose
“It was unanimously resolved that FBCFI will maintain a reserve fund of £36,000, representing 20% of the organisation’s approximate annual income.” — page 6
“d. During the year, one trustee resigned from the Board and received remuneration of £17,778 (2024: £15,835) for services provided to the charity.” — page 20
“Included in long term loans above is a loan to SGC Property and Investment Limited, under a written loan agreement dated 6th October 2021. Interest was payable at a rate of 5% per annum on the unpaid principal amount.” — page 16
“Included in loans above is a bridging loan of £60,000 received in 2021 from Rev. Melchor Miranda, who is key management personnel. This loan has no fixed repayment date.” — page 17
“Included in long term loans above is a loan to SGC Property and Investment Limited, under a written loan agreement dated 6th October 2021. Interest was payable at a rate of 5% per annum on the unpaid principal amount.” — page 16
“Included in loans above is a bridging loan of £60,000 received in 2021 from Rev. Melchor Miranda, who is key management personnel. This loan has no fixed repayment date.” — page 17
“Included in long term loans above is a loan to SGC Property and Investment Limited, under a written loan agreement dated 6th October 2021. Interest was payable at a rate of 5% per annum on the unpaid principal amount.” — page 16
“Included in loans above is a bridging loan of £60,000 received in 2021 from Rev. Melchor Miranda, who is key management personnel. This loan has no fixed repayment date.” — page 17
“Included in long term loans above is a loan to SGC Property and Investment Limited, under a written loan agreement dated 6th October 2021. Interest was payable at a rate of 5% per annum on the unpaid principal amount.” — page 16
“Included in loans above is a bridging loan of £60,000 received in 2021 from Rev. Melchor Miranda, who is key management personnel. This loan has no fixed repayment date.” — page 17
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (08/07/2025)
Trustees
- Brynyl Bal-ochair
- Melanie Tello Sanwen
- Nenita Abuan
- Rosalee Ngalob
- Sherill Rose Mangawili Patnay
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £214k | £227k |
| 31/12/2024 | £669k | £192k |
| 31/12/2023 | £260k | £367k |
| 31/12/2022 | £350k | £141k |
Common questions
Is FREE BELIEVERS IN CHRIST FELLOWSHIP financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £12,642 for the year ended 31 December 2025, resulting in a decrease in net assets to £656,691. The trustees have established a formal reserves policy target of £36,000, which is significantly below the actual unrestricted reserves of £441,281. The trustees confirm that the current level of reserves supports the organization on a going concern basis. Its FY2025 accounts were independently examined.