NORTH KASAI MISSION
Financial health, per its FY2024 accounts
The accounts state that free reserves decreased to £76,834 from £174,192 in the prior year, driven by charitable expenditure of £229,864 against income of £132,506. The trustees note that expenditure is currently far more than income, though they maintain that assets are adequate to meet obligations for the foreseeable future. The charity aims to hold reserves equivalent to six months of unrestricted expenditure but is currently below this target.
What the accounts disclose
“our expenditure is currently far more than our income”
Trustees
- Dr DAVID SAMUEL TAYLORchair
- David Watson Scougal
- KEN WOOD
- PAUL THOMSON
- Sheena Joyce Smith
- TREVOR NORMAN SPARROW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £133k | £230k |
| 31/12/2023 | £226k | £280k |
| 31/12/2022 | £75k | £358k |
| 31/12/2021 | £135k | £283k |
| 31/12/2020 | £150k | £283k |
Common questions
Is NORTH KASAI MISSION financially healthy?
The accounts state that free reserves decreased to £76,834 from £174,192 in the prior year, driven by charitable expenditure of £229,864 against income of £132,506. The trustees note that expenditure is currently far more than income, though they maintain that assets are adequate to meet obligations for the foreseeable future. The charity aims to hold reserves equivalent to six months of unrestricted expenditure but is currently below this target. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ORR MACKINTOSH FOUNDATION LIMITED | 2 | £350k |
| SOCIETY OF THE SACRED HEART CIO | 1 | £75k |
| THE HARAMEAD TRUST | 1 | £10k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |
| YORK BAPTIST CHURCH | 1 | £6k |
| EDITH BESSIE GIBSON TRUST | 1 | £5k |
| SISTERS OF CHRISTIAN EDUCATION CIO | 1 | £4k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST SIMON AND ST JUDE WITH ALL SOULS | 1 | £3k |