CHRIST APOSTOLIC CHURCH WORLDWIDE
Latest income
£232k
Latest spending
£228k
Registered
2024
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £388,868, which exceeds the trustees' stated policy target of maintaining three months of expenditure. The charity reported a net incoming resource of £4,278 for the year, funded primarily by tithes and offerings, with total income of £232,096 against total expenditure of £227,818.
What the accounts disclose
Reserves policy: three months of expenditure (held: £389k)
“The trustees have determined that it would be prudent to maintain three months of expenditure to meet core expenses of the church.”
Per its FY2024 accounts as filed with the Charity Commission.
Property (HM Land Registry)
Trustees
- Aderonke Adenike Adebiyi
- Foluke Mogaji
- PASTOR ADEGBOYEGA BOLANLE AJIDAGBA
- Pastor Sunday Asoso
- Rev Emmanuel Oluyimide Tukasi
- Rev Michaiah Akinyele Olaniyi
- Rev SIMEON OLUDARE OLADOKUN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £232k | £228k |
Common questions
Is CHRIST APOSTOLIC CHURCH WORLDWIDE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £388,868, which exceeds the trustees' stated policy target of maintaining three months of expenditure. The charity reported a net incoming resource of £4,278 for the year, funded primarily by tithes and offerings, with total income of £232,096 against total expenditure of £227,818. Its FY2024 accounts were independently examined.