UNIVERSAL PENTECOSTAL CHURCH
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £548,070 for the year ended 31 March 2025, with total unrestricted funds increasing to £12,644,216. The trustees maintain a reserves policy targeting three to six months of expenditure, noting that current reserves are maintained at this level to ensure operational continuity. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three to six months expenditure.” — page 9
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Pastor Vaithialingam Rudranchair
- Dr Bessy Joseph
- Folasade Olayinka Lawson
- John Nallathambi Thyagarajan
- SISTER RACHEL GEORGE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £1.5m |
| 31/03/2024 | £1.8m | £1.5m |
| 31/03/2023 | £1.7m | £1.1m |
| 31/03/2022 | £1.7m | £789k |
| 31/03/2021 | £1.5m | £423k |
Common questions
Is UNIVERSAL PENTECOSTAL CHURCH financially healthy?
The accounts state that the charity reported a net surplus of £548,070 for the year ended 31 March 2025, with total unrestricted funds increasing to £12,644,216. The trustees maintain a reserves policy targeting three to six months of expenditure, noting that current reserves are maintained at this level to ensure operational continuity. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Lake & Co.