SOTERIA TRUST

Registered charity 1040766 · accounts filings on the Charity Commission register

Andy Economides, the director, completed speaking engagements at conferences, seminars and missions across the UK through organisations or churches with two trips to Nigeria. Throughout the year the Trust continued to oversee the development of the vocational Soteria Business School in Ibadan, Nigeria. Children, young people and school staff are sponsored through Soteria Trust.

Causes: Education/training · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£187k
Latest spending
£158k
Registered
1994
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that total net assets increased to £829,297, with unrestricted funds standing at £342,115. The charity reports no material prior year errors, no changes to accounting estimates, and no material uncertainties related to its ability to continue as a going concern.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The Purchase of the Flat above the Soteria Trust Office The procedure to purchase the flat from the connected person began during this financial year. The flat will benefit the charity and strengthen Soteria Trust both now and in the future/long term. The flat is to be purcased for £85,000. A specialist solicitor dealing with charity law and commercial conveyancing was appointed for this purpose. Permission from the the Charity Commission has been granted to Soteria Trust to purchase the flat. Conveyancing should start March 2026. Unrestricted Funds The finance to purchase the flat at £85,000 and legal/solicitor fees at about £7,000 will come from the unrestricted funds in the next financial year (after 1st February 2026). The unrestricted funds was shown to be £236,700 (Section B B09) at the 31st January 2026.
“The Purchase of the Flat above the Soteria Trust Office The procedure to purchase the flat from the connected person began during this financial year. The flat will benefit the charity and strengthen Soteria Trust both now and in the future/long term. The flat is to be purcased for £85,000. A specialist solicitor dealing with charity law and commercial conveyancing was appointed for this purpose. Permission from the the Charity Commission has been granted to Soteria Trust to purchase the flat. Conveyancing should start March 2026. Unrestricted Funds The finance to purchase the flat at £85,000 and legal/solicitor fees at about £7,000 will come from the unrestricted funds in the next financial year (after 1st February 2026). The unrestricted funds was shown to be £236,700 (Section B B09) at the 31st January 2026.”
Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Nigeria · Throughout England

Income and spending

Financial year endIncomeSpending
31/01/2026£187k£158k
31/01/2025£208k£156k
31/01/2024£158k£156k
31/01/2023£161k£154k
31/01/2022£155k£159k

Common questions

Is SOTERIA TRUST financially healthy?

Per its FY2026 accounts: The accounts state that total net assets increased to £829,297, with unrestricted funds standing at £342,115. The charity reports no material prior year errors, no changes to accounting estimates, and no material uncertainties related to its ability to continue as a going concern. Its FY2026 accounts were independently examined.

Who funds SOTERIA TRUST?

Funders whose own accounts filings name SOTERIA TRUST as a grant recipient include OAKHALL CHURCH, CATERHAM, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE THE EVANGELIST, MAIDSTONE, FOREST HILL CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
OAKHALL CHURCH, CATERHAMFY2025£3kProclaiming Gospel, mentoring leaders, and educating youth in Nigeria
OAKHALL CHURCH, CATERHAMFY2022£3kMission Outreach
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE THE EVANGELIST, MAIDSTONEFY2021£1k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE THE EVANGELIST, MAIDSTONEFY2022£1kHome Mission and other Church Societies
FOREST HILL CHARITABLE TRUSTFY2022£1k
FOREST HILL CHARITABLE TRUSTFY2024£1k
FOREST HILL CHARITABLE TRUSTFY2023£1kGeneral
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE THE EVANGELIST, MAIDSTONEFY2024£760Home Mission and other Church Societies

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
IHELP GLOBAL1£24k
HAYS TRAVEL FOUNDATION1£11k
THE J A R CHARITABLE TRUST1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ST ANDREW'S SCHOOL TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOTERIA TRUST£187k—0unclear—no doubt
THE ST ANDREW'S SCHOOL TRUST FY2025£2.2m——above—no doubt
THE S AND Y CHARITABLE TRUST FY2025£113k—0unclear—no doubt
NEETZOTZ LTD. FY2024£138k—0unclear0.9%no doubt
HAZRAT SULTAN BAHU TRUST (UK) FY2025£3.1m—0above—no doubt
RCCG SURE FOUNDATION ASSEMBLY FY2025£213k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.