KINGS PORTAL LTD
HOLDING REGULAR CHURCH SERVICES TO PROMOTE THE CHRISTIAN FAITH IN THE COMMUNITY.
Objects
TO ADVANCE THE CHRISTIAN RELIGION FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE STATEMENT OF FAITH ATTACHED HERETO.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £3,966 for the year, resulting in a decrease in unrestricted funds from £130,091 to £126,125. Per the trustees' report, the charity maintains free reserves at a level approximately equal to three months of unrestricted charitable expenditure. The trustees confirm a reasonable expectation that the charity has sufficient resources to continue in operation for the foreseeable future.
What the accounts disclose
“Donations and legacies 257,652” — page 13
“The Trustees have strategically chosen to maintain free reserves in unrestricted funds at a level that is approximately three months of unrestricted charitable expenditure.” — page 5
“the Charity paid a total of £ 31,197 (2024: £10,502) in salary and pension to the Administrator, who is also a member of the trustees.”
“the Charity paid a total of £ 31,197 (2024: £10,502) in salary and pension to the Administrator, who is also a member of the trustees.”
“The Charity also paid an annual rent of £14,866 for a property rented from a senior pastor and used as the mission house for the Charity.” — page 6
“the Charity paid a total of £ 31,197 (2024: £10,502) in salary and pension to the Administrator, who is also a member of the trustees.”
“The Charity also paid an annual rent of £14,866 for a property rented from a senior pastor and used as the mission house for the Charity.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 13934460
Company officers (Companies House)
- MUZA, Sharon Rutendo on trustee list
- OGBORU, Agathar Oghenekewke on trustee list
- DONALD, Nwamaka Chinwe on trustee list
Trustees
- Nwamaka Donaldchair
- Agathar Ogboru
- Sharon Muza
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £258k | £262k |
| 29/02/2024 | £284k | £142k |
| 28/02/2023 | £211k | £94k |
Common questions
Is KINGS PORTAL LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £3,966 for the year, resulting in a decrease in unrestricted funds from £130,091 to £126,125. Per the trustees' report, the charity maintains free reserves at a level approximately equal to three months of unrestricted charitable expenditure. The trustees confirm a reasonable expectation that the charity has sufficient resources to continue in operation for the foreseeable future. Its FY2025 accounts were independently examined.