CHRISTIAN VISION
Latest income
£31.5m
Latest spending
£22.8m
Registered
1994
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus for the year, with total unrestricted reserves increasing to £14.8m and cash balances of £32.7m. The trustees confirm that resources are sufficient to maintain commitments and that the charity is prepared on a going concern basis with no material uncertainties identified by the auditors.
What the accounts disclose
Employees paid over £60,000: 17
“During the year, 17 employees received remuneration in excess of £60,000, including benefits in kind (2023 14).” — page 31
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: income sufficient to meet on-going operational requirements for 12 months (held: £14.8m)
“The Trustees aim to achieve, so far as reasonably possible taking account of market circumstances at the time of any investment and the investment policy described above, an income that is sufficient to meet on-going operational requirements for 12 months.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Acquisition of property portfolio from IMG (UK) Holdings Limited subsidiaries at 90% of market value, resulting in a donation.
“In the second half of 2024 the Charity acquired a portfolio of 5 warehouse units from subsidiaries of IMG (UK) Holdings Limited at a purchase price is £46,017,000, being 90% of the Market Value recorded in an independent professional valuation of £51,130,000 resulting in a donation of £5,113,000” — page 41
“The investment properties held in the balance sheet are managed by IM Properties PLC (a subsidiary of IMG (UK) Holdings Limited). There was a management charge of £526,539 during the year (2023 - £514,334), based upon the value of the assets managed. IM Properties PLC invoiced Christian Vision for expenses of £335,673 (2023 - £340,148).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Management charges and expenses invoiced by IM Properties PLC (subsidiary of IMG UK Holdings).
“In the second half of 2024 the Charity acquired a portfolio of 5 warehouse units from subsidiaries of IMG (UK) Holdings Limited at a purchase price is £46,017,000, being 90% of the Market Value recorded in an independent professional valuation of £51,130,000 resulting in a donation of £5,113,000” — page 41
“The investment properties held in the balance sheet are managed by IM Properties PLC (a subsidiary of IMG (UK) Holdings Limited). There was a management charge of £526,539 during the year (2023 - £514,334), based upon the value of the assets managed. IM Properties PLC invoiced Christian Vision for expenses of £335,673 (2023 - £340,148).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Services invoiced by International Motors Limited (subsidiary of IMG UK Holdings).
“In the second half of 2024 the Charity acquired a portfolio of 5 warehouse units from subsidiaries of IMG (UK) Holdings Limited at a purchase price is £46,017,000, being 90% of the Market Value recorded in an independent professional valuation of £51,130,000 resulting in a donation of £5,113,000” — page 41
“The investment properties held in the balance sheet are managed by IM Properties PLC (a subsidiary of IMG (UK) Holdings Limited). There was a management charge of £526,539 during the year (2023 - £514,334), based upon the value of the assets managed. IM Properties PLC invoiced Christian Vision for expenses of £335,673 (2023 - £340,148).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation to Mosaic Church, a charity of which Andrew Edmiston (son of Lord Edmiston) is a Trustee.
“In the second half of 2024 the Charity acquired a portfolio of 5 warehouse units from subsidiaries of IMG (UK) Holdings Limited at a purchase price is £46,017,000, being 90% of the Market Value recorded in an independent professional valuation of £51,130,000 resulting in a donation of £5,113,000” — page 41
“The investment properties held in the balance sheet are managed by IM Properties PLC (a subsidiary of IMG (UK) Holdings Limited). There was a management charge of £526,539 during the year (2023 - £514,334), based upon the value of the assets managed. IM Properties PLC invoiced Christian Vision for expenses of £335,673 (2023 - £340,148).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation to Cana Trust, which facilitates the ministry of Nick Cuthbert (a Trustee of Christian Vision).
“In the second half of 2024 the Charity acquired a portfolio of 5 warehouse units from subsidiaries of IMG (UK) Holdings Limited at a purchase price is £46,017,000, being 90% of the Market Value recorded in an independent professional valuation of £51,130,000 resulting in a donation of £5,113,000” — page 41
“The investment properties held in the balance sheet are managed by IM Properties PLC (a subsidiary of IMG (UK) Holdings Limited). There was a management charge of £526,539 during the year (2023 - £514,334), based upon the value of the assets managed. IM Properties PLC invoiced Christian Vision for expenses of £335,673 (2023 - £340,148).” — page 41
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Serious incident reported to Charity Commission regarding suspected fraud.
“During 2025, prior to approval of the 2024 statutory accounts, an incident of suspected fraud was detected by the charity's internal financial controls. This prompted an investigation by the charity which identified further related instances of suspected fraud over a period of time. This has been treated seriously and was reported as a serious incident to the Charity Commission, who were kept informed during the course of the investigation.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Year-over-year changes
- Employees paid over £60,000: 14 (FY2023) → 17 (FY2024).
Corporate structure
- Registered company of the charity Companies House 02842414
Structured financials (annual return, FY ending 31/12/2024)
Total income
£31.5m
Total spending
£22.8m
Reserves (reported)
£14.8m
Employees
319
Trustees
- LORD EDMISTONchair
- IAN PAUL BAKER
- LADY EDMISTON
- MATTHEW HENRY JAMES WATTIS
- NICK CUTHBERT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £31.5m | £22.8m |
| 31/12/2023 | £25.6m | £20.6m |
| 31/12/2022 | £73.8m | £18.3m |
| 31/12/2021 | £48.9m | £19.1m |
| 31/12/2020 | £36.8m | £18.3m |
Common questions
Is CHRISTIAN VISION financially healthy?
The accounts state that the charity reported a surplus for the year, with total unrestricted reserves increasing to £14.8m and cash balances of £32.7m. The trustees confirm that resources are sufficient to maintain commitments and that the charity is prepared on a going concern basis with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by BDO LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £173k |
| LIFE CHURCH (CENTRAL ENGLAND) | 1 | £42k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| CITY CHURCH ( CAMBRIDGE ) | 1 | £37k |
| KINGSGATE CHURCH TRUST | 1 | £30k |
| AYLSHAM COMMUNITY CHURCH | 1 | £24k |
| THE FYRISH FOUNDATION | 1 | £10k |
| HOPE CHURCH HARROGATE | 1 | £375 |