ELPIS MINISTRIES CIO

Registered charity 1201597 · accounts filings on the Charity Commission register

Preaching, teaching based on the Christian faith and relieving of poverty

Causes: Religious Activities · website · Get email alerts

Latest income
£124k
Latest spending
£180k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £56,396 for the year ended 31 March 2025, resulting in total net assets of £577,835. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The deficit was largely attributed to substantial loan interest, partially offset by residual donations from the predecessor charity.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: 19
During the period, the charity received donations of £22,177 (2024: £588,353) from of Elpis Ministries. During the period, the charity made payments to M Darteh (Trustee) totalling £20,923 (2024: £10,649). During the period, the charity made payments to O Oluwamuyiwa (Trustee) totalling £329 (2024: £Nil). During the period, the charity made payments to M Aboagye (Trustee) totalling £636 (2024: £Nil). The payments to trustees during the year relate to reimbursing expenses paid personally, as well as loan repayments. — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered titlein England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £1.9m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2024)

Total income
£800k
Total spending
£93k
Reserves (reported)
£706k
Employees
2

Reported reserves equal ~90.8 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£124k£180k
31/03/2024£800k£93k

Common questions

Is ELPIS MINISTRIES CIO financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £56,396 for the year ended 31 March 2025, resulting in total net assets of £577,835. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The deficit was largely attributed to substantial loan interest, partially offset by residual donations from the predecessor charity. Its FY2025 accounts were independently examined.