Charity Accounts Intelreading the accounts so you don’t have to

SILOAM CHRISTIAN MINISTRIES LIMITED

Registered charity 327396 · accounts filings on the Charity Commission register

Latest income
£315k
Latest spending
£298k
Registered
1987
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted reserves were £575,073 at year-end, which the Trustees consider appropriate to meet the charity's continuing needs and cover six months of expenses. The charity reported a net income of £621 for the year, with total funds decreasing slightly from £681,268 to £669,270. The Trustees note that the level of activity and financial position were satisfactory despite global uncertainty.

What the accounts disclose

Reserves policy: six months of unrestricted expenditure (held: £575k)
“Siloam ensures that it has sufficient reserves 'on hand' in its bank accounts to cover six months expenses in the event of a fundraising or other problem within Siloam in the UK” — page 10
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bulgaria · Ghana · Haiti · India · Israel · Kenya · Nepal · Pakistan · Peru · Philippines · Portugal · Romania

Income and spending

Financial year endIncomeSpending
31/12/2024£315k£298k
31/12/2023£304k£316k
31/12/2022£328k£328k
31/12/2021£326k£310k
31/12/2020£325k£304k

Common questions

Is SILOAM CHRISTIAN MINISTRIES LIMITED financially healthy?

The accounts state that unrestricted reserves were £575,073 at year-end, which the Trustees consider appropriate to meet the charity's continuing needs and cover six months of expenses. The charity reported a net income of £621 for the year, with total funds decreasing slightly from £681,268 to £669,270. The Trustees note that the level of activity and financial position were satisfactory despite global uncertainty. Its FY2022 accounts were independently examined.

Who funds SILOAM CHRISTIAN MINISTRIES LIMITED?

Funders whose own accounts filings name SILOAM CHRISTIAN MINISTRIES LIMITED as a grant recipient include FOREST HILL CHARITABLE TRUST, LIFE COMMUNITY CHURCH (WARWICKSHIRE).

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
FOREST HILL CHARITABLE TRUSTFY2023£2k
LIFE COMMUNITY CHURCH (WARWICKSHIRE)FY2025£1k
LIFE COMMUNITY CHURCH (WARWICKSHIRE)FY2024£1k
LIFE COMMUNITY CHURCH (WARWICKSHIRE)FY2025£700
LIFE COMMUNITY CHURCH (WARWICKSHIRE)FY2024£500

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ANPRIDE LIMITED1£6k
HOPE CHURCH HARROGATE1£375

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH.