AGAPE PRAYER FELLOWSHIP
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted free reserves of £119,664, which significantly exceeds its stated policy target of three months of unrestricted charitable expenditure (£8,100). Per the trustees' report, the current level of reserves is considered higher than needed, indicating a strong financial position despite the challenging economic environment.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 4
Trustees
- Morenike Fambegbechair
- Abi Godchaser
- Adegboyega Lawal
- Ademola Sule
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £235k | £32k |
Common questions
Is AGAPE PRAYER FELLOWSHIP financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted free reserves of £119,664, which significantly exceeds its stated policy target of three months of unrestricted charitable expenditure (£8,100). Per the trustees' report, the current level of reserves is considered higher than needed, indicating a strong financial position despite the challenging economic environment. Its FY2025 accounts were independently examined.