LIVING WISDOM WORD MINISTRY MILTON KEYNES
Advancement of Christain faith worldwide and the relief of poverty
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £1,752 for the year ended 31 May 2025, compared to a surplus of £2,847 in the prior year. Total incoming resources were £199,190, while total expenditure amounted to £200,942. The charity's unrestricted reserves stood at £3,093, which is below the trustee-stated policy target of three months of annual expenditure.
What the accounts disclose
“The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets(the free reserve) held by the church should be 3 months of annual expenditure.” — page 4
Trustees
- PASTOR ADEBISI CHRISTOPHER ADELOWOchair
- Deacon Anthony Akintayo Akeju
- OLUWATIMILEHIN Akanni
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £199k | £201k |
| 31/05/2024 | £144k | £141k |
| 31/05/2023 | £124k | £122k |
Common questions
Is LIVING WISDOM WORD MINISTRY MILTON KEYNES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £1,752 for the year ended 31 May 2025, compared to a surplus of £2,847 in the prior year. Total incoming resources were £199,190, while total expenditure amounted to £200,942. The charity's unrestricted reserves stood at £3,093, which is below the trustee-stated policy target of three months of annual expenditure. Its FY2025 accounts were independently examined.