KINGS CHURCH INTERNATIONAL
Latest income
£1.6m
Latest spending
£1.5m
Registered
1994
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity made a surplus of £84,192 for the year, with total income growing to £1,555,264. Reserves increased by £17,000 to £218,000, which the trustees confirm is within their stated policy target of between 1 and 4 months' expenditure.
What the accounts disclose
Reserves policy: between 1 and 4 months’ expenditure (net of depreciation) (held: £218k)
“Our policy, in order to maintain adequate finance for the charity's activities, is that Reserves should amount to between 1 and 4 months’ expenditure (net of depreciation).”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to four employees who are close relatives of trustees.
“During the year, four employees who are close relatives of trustees received total remuneration (including pension contributions) of £82,304 (2023: three employees received £64,125). All remuneration was paid in accordance with the charity's standard employment terms and the salary bands set by the Remuneration Committee and School Board.” — page 29
“The charity received donations from trustees, key management personnel and from their close families. The total donations received from these individuals was £128,295 (2023: £150,408).” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from trustees, key management personnel, and their close families.
“During the year, four employees who are close relatives of trustees received total remuneration (including pension contributions) of £82,304 (2023: three employees received £64,125). All remuneration was paid in accordance with the charity's standard employment terms and the salary bands set by the Remuneration Committee and School Board.” — page 29
“The charity received donations from trustees, key management personnel and from their close families. The total donations received from these individuals was £128,295 (2023: £150,408).” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants made to The Joseph Storehouse Trust, where a Senior Pastor was previously a trustee.
“During the year, four employees who are close relatives of trustees received total remuneration (including pension contributions) of £82,304 (2023: three employees received £64,125). All remuneration was paid in accordance with the charity's standard employment terms and the salary bands set by the Remuneration Committee and School Board.” — page 29
“The charity received donations from trustees, key management personnel and from their close families. The total donations received from these individuals was £128,295 (2023: £150,408).” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Adriana Richards — Senior Pastor
Structured financials (annual return, FY ending 31/10/2024)
Total income
£1.6m
Total spending
£1.5m
Cost of raising funds
£2k
Reserves (reported)
£218k
Employees
26
Register events
- Received assets from another charity (07/01/2021)
- Received assets from another charity (11/09/2013)
Trustees
- Michael Haydn Aireychair
- Dushyantha Amarsiri Goonawardhane
- Edward John Turkington
- Edward Victor Slade
- Maria Kaitamalya Magembe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £1.6m | £1.5m |
| 31/10/2023 | £1.5m | £1.4m |
| 31/10/2022 | £1.3m | £1.4m |
| 31/10/2021 | £1.4m | £1.2m |
| 31/10/2020 | £1.4m | £1.2m |
Common questions
Is KINGS CHURCH INTERNATIONAL financially healthy?
The accounts state that the charity made a surplus of £84,192 for the year, with total income growing to £1,555,264. Reserves increased by £17,000 to £218,000, which the trustees confirm is within their stated policy target of between 1 and 4 months' expenditure. Its FY2024 accounts were audited by Saffery LLP.