PENIEL ASSEMBLY
Peniel Assembly is a non-denominational, inter-denomination ministry with an apostolic mandate to raise believers from all nations teaching them to observe all the things the Lord has commanded and to bring them to the full knowledge of Christ.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £20,911 for the year ended 31 May 2025, with total unrestricted funds increasing to £23,413. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Reserves are considered adequate against a policy target of 3–6 months' expenditure.
What the accounts disclose
“The charity maintains reserves equivalent to 3–6 months’ expenditure.” — page 4
Trustees
- Augusta Apreala
- Dr Chukwuma Austin Chukwa
- Solomon Apreala
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £63k | £42k |
| 31/05/2024 | £28k | £27k |
| 31/05/2023 | £9k | £8k |
Common questions
Is PENIEL ASSEMBLY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £20,911 for the year ended 31 May 2025, with total unrestricted funds increasing to £23,413. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Reserves are considered adequate against a policy target of 3–6 months' expenditure. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/06/2023 | £10k | Help the homeless and vulnerable |