PENIEL PENTECOSTAL CHURCH LONDON
Pastoral care - The church will provide practical, emotional, and spiritual guidance and support for theregular attendees and the general public. The church's mission is to connect with the Romanian-speakingpeople of the local community in particular.Outreach - The church will run activities and events with the objective of making and developing contactwith members of the community who do
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 trustees report adequate resources to continue in operational existence for the foreseeable future. However, the independent examiner noted significant concerns regarding record keeping and compliance with the Charities Act 2011.
What the accounts disclose
“Reserves Policy - the Trustees aim to build up the reserves of the charity to acquire its own place of worship and operation.” — page 4
“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
“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
“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
Property (HM Land Registry)
Trustees
- TIBERIU-OVIDIU POPchair
- COSTEL CRISTIAN VICOL
- Daniel Zimbru
- NICOLAE BALASA
- PAULA-MIHAELA POP
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £256k | £198k |
| 31/12/2023 | £239k | £170k |
| 31/12/2022 | £91k | £62k |
Common questions
Is PENIEL PENTECOSTAL CHURCH LONDON financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £429,196, exceeding the previous year's figure of £371,697. The trustees report adequate resources to continue in operational existence for the foreseeable future. However, the independent examiner noted significant concerns regarding record keeping and compliance with the Charities Act 2011. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF JOHN MARSHALL | 1 | £25k |
Charities like this
- THE CHURCH OF PENTECOST - UK
- PENTECOSTAL CITY MISSION CHURCH
- BETEL ROMANIAN PENTECOSTAL CHURCH
- CARLTON PENTECOSTAL CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CAMBERWELL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, FULHAM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PENIEL PENTECOSTAL CHURCH LONDON | £256k | — | 0 | unclear | — | no doubt |
| THE CHURCH OF PENTECOST - UK | £13.8m | more than £60,000 | 1 | above | — | no doubt |
| PENTECOSTAL CITY MISSION CHURCH | £398k | — | 0 | unclear | — | no doubt |
| BETEL ROMANIAN PENTECOSTAL CHURCH | £144k | — | 0 | within | — | no doubt |
| CARLTON PENTECOSTAL CHURCH | £741k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CAMBERWELL | £200k | — | 0 | unclear | — | no doubt |