CHRISTIAN ENTERPRISES TRUST
The lease to City Church ended in 2017 and CET took over once more running the Elmgrove Centre as a Christian Community Centre, offering its space for community activities and events in line with its Christian ethos and seeking to promote Christianity through its own activities and through inviting Christian churches and organisations to make use of the various spaces available to hire.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net receipt surplus of £1,014 for the year ended 31 March 2025, with unrestricted cash funds increasing to £75,541. The trustees maintain a reserves policy target of approximately £15,500, representing three months of expenditure, which is comfortably exceeded by the current unrestricted reserves. The independent examiner confirmed that no material matters came to attention that would suggest the accounts do not accord with the accounting records.
What the accounts disclose
“received £144,862 (2024: £113,518) in hall hire fees.”
“The trustees believe that holding reserves equivalent to approximately three months, utilities, gifts, and wage expenditure is prudent. For the year ended 31st March 2025 this would amount to approximately £15,500.”
“The trust rents the Elmgrove Centre from these three individuals and rental payments totalling £18,000 have been made to them during the financial year ended 31svMarch 2025.” — page 5
“The owners of the Elmgrove Centre are Mrs Joanna Rawstron, Mr Nathanael Jackson and Mr William Taylor-Jackson all of whom are children of Mrs Sally Ann Jackson who is a trustee. The trust rents the Elmgrove Centre from these three individuals and rental payments totalling £18,000 have been made to them during the financial year ended 31svMarch 2025.” — page 5
Trustees
- SALLY ANN JACKSONchair
- John Cardinal Ifeanyi
- Katherine Elizabeth Ifeanyi
- Nathanael Benjamin Theodore Jackson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £156k | £155k |
| 31/03/2024 | £155k | £152k |
| 31/03/2023 | £126k | £140k |
| 31/03/2022 | £129k | £105k |
| 31/03/2021 | £52k | £34k |
Common questions
Is CHRISTIAN ENTERPRISES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net receipt surplus of £1,014 for the year ended 31 March 2025, with unrestricted cash funds increasing to £75,541. The trustees maintain a reserves policy target of approximately £15,500, representing three months of expenditure, which is comfortably exceeded by the current unrestricted reserves. The independent examiner confirmed that no material matters came to attention that would suggest the accounts do not accord with the accounting records. Its FY2025 accounts were independently examined.
Charities like this
- CITYGATE CHRISTIAN OUTREACH CENTRE
- ST MARY'S CHRISTIAN WORKERS TRUST
- REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE
- CHRIST CENTRAL LONDON
- WAVERTREE CHRISTIAN COMMUNITY CENTRE
- CHILTERN CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHRISTIAN ENTERPRISES TRUST | £156k | — | 0 | above | — | no doubt |
| CITYGATE CHRISTIAN OUTREACH CENTRE | £2.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| ST MARY'S CHRISTIAN WORKERS TRUST | £252k | — | 0 | above | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE | £147k | — | 0 | unclear | — | no doubt |
| CHRIST CENTRAL LONDON | £293k | — | 0 | above | — | no doubt |
| WAVERTREE CHRISTIAN COMMUNITY CENTRE | £312k | — | 0 | unclear | — | no doubt |