FAITHOUSE
Faithouse church activities include holding prayer meetings, faith-based schools, special programs and retreats, weekly public worship meetings, producing and/or distributing media on the christian faith to enlighten others about the christian faith through radio, television, books, magazines and other social media channels, donations and services to the poor or less privileged, pastoral work incl
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £5,562.45 for the year, primarily due to the planned use of building reserves for a relocation and increased ongoing costs. Total reserves decreased significantly from £27,186.64 to £15,861.97, though this remains above the stated policy minimum of £6,000. The independent examiner confirmed that no material matters were identified that would cast doubt on the accounts' compliance or the charity's operations.
What the accounts disclose
“Our reserves policy as a church is based on our agreement to maintain 3 months of running expenses (this is an average of £6000 as the minimum for our reserves”
Trustees
- Constance Ngororo
- Ikechukwu Hargley
- Kundai Kerry Anne Denga
- Lorraine Dewa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £46k | £51k |
| 31/03/2024 | £41k | £38k |
| 31/03/2023 | £27k | £26k |
Common questions
Is FAITHOUSE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £5,562.45 for the year, primarily due to the planned use of building reserves for a relocation and increased ongoing costs. Total reserves decreased significantly from £27,186.64 to £15,861.97, though this remains above the stated policy minimum of £6,000. The independent examiner confirmed that no material matters were identified that would cast doubt on the accounts' compliance or the charity's operations. Its FY2025 accounts were independently examined.