ST MARY ASTEREYO ERITREAN ORTHODOX TEWAHDO CHURCH TEESSIDE
Financial health, per its FY2024 accounts
The accounts state that total net assets stood at £253,817.71, comprising £13,568.38 in unrestricted funds and £240,249.33 in restricted funds designated for building acquisition. The trustees confirm the charity is a going concern with adequate resources, supported by cash reserves and committed member support. The financial position is described as regular and stable, with no material uncertainties disclosed.
What the accounts disclose
“The charity aims to hold appropriate reserves to support core worship activities, growth plans, and property aspirations whilst maintaining stewardship and transparency.” — page 6
Trustees
- Kidane Andemariamchair
- Hermon Tedros Mehari
- Kibreab Andemariam
- Okubaslasie Mengstab
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £168k | £634 |
Common questions
Is ST MARY ASTEREYO ERITREAN ORTHODOX TEWAHDO CHURCH TEESSIDE financially healthy?
Per its FY2024 accounts: The accounts state that total net assets stood at £253,817.71, comprising £13,568.38 in unrestricted funds and £240,249.33 in restricted funds designated for building acquisition. The trustees confirm the charity is a going concern with adequate resources, supported by cash reserves and committed member support. The financial position is described as regular and stable, with no material uncertainties disclosed. Its FY2024 accounts were independently examined.