GREAT HOPE BAPTIST CHURCH
PROPOGATION OF THE CHRISTIAN FAITH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £759 for the year ended 31 December 2024, with total incoming resources of £54,646 against outgoing resources of £53,887. Unrestricted reserves (accumulated funds) increased to £13,077, which the trustees note is above their policy target of maintaining three months of unrestricted expenditure. The independent examiner confirmed that the accounts comply with applicable regulations and no material matters were identified during the examination.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.” — page 4
Trustees
- REV OSCAR NYAMEKYEchair
- Aaron Cornelius Yamba
- Adrain Nana Kwame Wireko-Brobbey
- Cynthia Gilbertson
- JACQUELINE AMOAH BA ACCA
- Juliet Boateng
- MARTHA WADE BSC MA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £54k |
| 31/12/2023 | £52k | £50k |
| 31/12/2022 | £42k | £42k |
Common questions
Is GREAT HOPE BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £759 for the year ended 31 December 2024, with total incoming resources of £54,646 against outgoing resources of £53,887. Unrestricted reserves (accumulated funds) increased to £13,077, which the trustees note is above their policy target of maintaining three months of unrestricted expenditure. The independent examiner confirmed that the accounts comply with applicable regulations and no material matters were identified during the examination. Its FY2024 accounts were independently examined.