WAREHOUSE WORSHIP UK
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £31,937, resulting in unrestricted funds of negative £31,937. The balance sheet shows net current liabilities of £31,937, with cash at bank of £6,579 offset by creditors of £38,516. The trustees acknowledge the financial position but do not disclose any material uncertainties regarding going concern.
What the accounts disclose
“It is the aim of the charity to have 6 months worth of operating costs in its current account any given time, although there is no formal policy on this.” — page 3
Trustees
- Dr Tomilade Adesola Baderinwa-Ladejichair
- Ezekiel Omosebi
- Shola Adegbite
- Victor Omosebi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £499k | £531k |
Common questions
Is WAREHOUSE WORSHIP UK financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £31,937, resulting in unrestricted funds of negative £31,937. The balance sheet shows net current liabilities of £31,937, with cash at bank of £6,579 offset by creditors of £38,516. The trustees acknowledge the financial position but do not disclose any material uncertainties regarding going concern. Its FY2025 accounts were independently examined.