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PENIEL PENTECOSTAL CHURCH LONDON

Registered charity 1199379 · accounts filings on the Charity Commission register · also known as BISERICA PENTECOSTAL PENIEL · listed website unreachable when last crawled

Latest income
£256k
Latest spending
£198k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £429,196, exceeding the previous year's figure of £371,697. The charity reported total incoming resources of £255,600 against total expenditure of £198,102, resulting in a net surplus for the year. The trustees confirmed adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — in the top quarter for charities its size (median £60k)
“Pastor Tiberiu Pop (a Trustee) received fees of £31,500 (£30,000 in 2023) in the year together with housing allowance of £30,000 (£23,200 in 2023).” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“Pastor Tiberiu Pop (a Trustee) received fees of £31,500 (£30,000 in 2023) in the year together with housing allowance of £30,000 (£23,200 in 2023).” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: to acquire its own place of worship and operation (held: £429k)
“Reserves Policy - the Trustees aim to build up the reserves of the charity to acquire its own place of worship and operation.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Audit opinion: qualified
“Based on the concerns identified, I have not been able to form an opinion of the validity of the underlying transactions, or appropriateness of their categorisation within the accounts.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Trustee Tiberiu Pop received fees of £31,500 and a housing allowance of £30,000.
“Pastor Tiberiu Pop (a Trustee) received fees of £31,500 (£30,000 in 2023) in the year together with housing allowance of £30,000 (£23,200 in 2023).” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Independent examiner identified matters of concern regarding compliance with Charities Act 2011 due to record keeping issues.
“I have identified matters of concern that give me reasonable cause to believe that the financial data used to prepare these accounts was not fully compliant with the requirements of the Charities Act 2011. These concerns relate to the matters of: lack of record keeping and record keeping not enabling adequate information to be extracted.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2022 and FY2024 accounts as analysed by this site.

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Brent

Income and spending

Financial year endIncomeSpending
31/12/2024£256k£198k
31/12/2023£239k£170k
31/12/2022£91k£62k

Common questions

Is PENIEL PENTECOSTAL CHURCH LONDON financially healthy?

The accounts state that unrestricted reserves increased to £429,196, exceeding the previous year's figure of £371,697. The charity reported total incoming resources of £255,600 against total expenditure of £198,102, resulting in a net surplus for the year. The trustees confirmed adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.

What does the highest-paid employee of PENIEL PENTECOSTAL CHURCH LONDON earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CHARITY OF JOHN MARSHALL1£25k

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