GOSPEL MISSION OF SOUTH AMERICA TRUST
Involved in the promotion of religious beliefs and activities in the UK and South America
Objects
FOR SUCH CHARITABLE TRUSTS AND FOR SUCH CHARITABLE PURPOSES DESIGNED FOR THE ADVANCEMENT OF ANY ONE OR MORE OF THE FOLLOWING OBJECTS AND IN SUCH MANNER AS THE TRUSTEES SHALL IN THEIR ABSOLUTE AND UNCONTROLLED DISCRETION FROM TIME TO TIME DETERMINE. (FOR FURTHER DETAILS SEE CLAUSE 2 O THE TRUST DEED).
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £2,130 for the year, resulting in a decrease in total funds from £40,182 to £38,052. The trustees confirm there are no material uncertainties regarding the charity's ability to continue, and unrestricted reserves stand at £38,052. The charity does not have a formal reserves policy, carrying over any surplus or deficit to the following year.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Rev Paul Achesonchair
- DAPHNE CELIA HALL
- JOSEPH CROZIER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £51k | £54k |
| 31/12/2023 | £83k | £76k |
| 31/12/2022 | £31k | £41k |
| 31/12/2021 | £56k | £40k |
| 31/12/2020 | £44k | £33k |
Common questions
Is GOSPEL MISSION OF SOUTH AMERICA TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £2,130 for the year, resulting in a decrease in total funds from £40,182 to £38,052. The trustees confirm there are no material uncertainties regarding the charity's ability to continue, and unrestricted reserves stand at £38,052. The charity does not have a formal reserves policy, carrying over any surplus or deficit to the following year. Its FY2024 accounts were independently examined.