Finance Score: -1

Governance Score: 3

Support Score: 5

Liabilities <10%: +3
Excess liquidity: -1
Spending declining: -1
Multiple Deficits: -2

Dynamic board: +3

Large volunteers +3
Grant maker support: +2

Overall GiG Score: 7

CITY PRAISE CENTRE CIO

- CHRISTIAN BASED TEACHING - CHILDREN'S AND YOUTH CLUBS- WORSHIP SERVICES- SUPPORT FOR THE ELDERLY- SUPPORT FOR THE HOMELESS- SUPPORT OF LOCAL AND OVERSEAS CHRISTIAN MISSIONS- OTHER MEMBERS OF THE SOCIETY IN NEED OF SUPPORT

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received modest backing from a grant maker
This charity has a robust balance sheet
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

One or more trustees receive benefits from the charity

Financial issues to consider:

Liquidity appeared to be considerably in excess of CC guidelines at the latest year end especially considering the historic stability of income
Spending is declining
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22	£728	£395	£333	£0	£1,116	£740	22.5	7	325
31/12/21	£536	£410	£126	£0	£783	£402	11.8	9	323
31/12/20	£498	£410	£89	n/a	n/a	n/a	n/a	n/a	219
31/12/19	£459	£595	£-136	n/a	n/a	n/a	n/a	n/a	221
31/12/18	£561	£665	£-104	£0	£704	£250	4.5	12	180
31/12/17	£680	£520	£160	£0	£808	£365	8.4	9	0
31/12/16	£515	£526	£-11	£0	£648	£227	5.2	9	0
31/12/15	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 66%
Reserves/Spending: 22.5 months
Net Current Assets/Spending: 19 months
Quick Ratio: 5.1

Asset Split ?

Established: 9 years

www.citypraisecentre.com

office@citypraisecentre.com

01474356773

Charity Commission for England and Wales

Tweets

Listed activities

General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Christian congregations

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Bexley, Bromley, Kent, Medway,

Who it helps

The General Public/Mankind

Who works here?

7 employees
325 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
National Lottery Community Fund - Make Lunch
£20,081	15/12/2020 5	The project will run sessions for families which focus on crafts and some games for the kids to do while waiting for their meal and the parents can meet new people and build community.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

OLAYINKA TOMORI (Chair) Appointed: 2015, Other trusteeship: CITY PRAISE CENTRE,

OLUFEMI LAKERU Appointed: 2021, Other trusteeship: CITY PRAISE CENTRE,

GRAEME BALDWIN Appointed: 2021, Other trusteeship: CITY PRAISE CENTRE,

RUTH LINDSAY Appointed: 2021, Other trusteeship: CITY PRAISE CENTRE,

TESSY OJO Appointed: 2015, Other trusteeships: CITY PRAISE CENTRE, CHARITY PROJECTS,

Legal constitution

Charity registered in England & Wales on 26/02/2015, number: 1160677

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

8 returns made; all on time

Main office

City Praise Centre
9-11 Lower Higham Road
GRAVESEND
DA12 2LY

Objectives

1. TO PROCLAIM THE GOOD NEWS OF JESUS CHRIST AND TO ADVANCE THE CHRISTIAN FAITH THROUGH CITY PRAISE CENTRE (THE CHURCH) FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE DOCTRINES IN PARTICULAR BUT NOT EXCLUSIVELY BY:(A) PROVIDING AND MAINTAINING PLACES OF WORSHIP FOR MEMBERS OF THE CHURCH AND THE CHRISTIAN COMMUNITY;(B) COMMUNICATING CHRISTIAN PRINCIPLES AND LIFESTYLE AS TAUGHT IN THE BIBLE;(C) TRAINING CHRISTIANS FOR MINISTRY AND SERVICE WITHIN THE CHURCH AND WIDER WORLD; AND(D) PARTNERING WITH OTHER CHURCHES, FAITHS AND CHRISTIAN ORGANISATIONS TO ENLIGHTEN OTHERS ABOUT THE CHURCH AND ITS DOCTRINES.2. THE PREVENTION OR RELIEF OF POVERTY ANYWHERE IN THE WORLD BY PROVIDING OR ASSISTING IN THE PROVISION OF PRACTICAL ASSISTANCE AND SUPPORT TO THE POOR AND DISADVANTAGED.

Data Sources