SOTERIA TRUST
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.
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.
What the accounts disclose
“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.”
Trustees
- MICHAEL ANTHONY MELLOWSchair
- ROBIN LINCOLN KEMP
- Stuart Conrad Lack
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| OAKHALL CHURCH, CATERHAM | FY2025 | £3k | Proclaiming Gospel, mentoring leaders, and educating youth in Nigeria |
| OAKHALL CHURCH, CATERHAM | FY2022 | £3k | Mission Outreach |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE THE EVANGELIST, MAIDSTONE | FY2021 | £1k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE THE EVANGELIST, MAIDSTONE | FY2022 | £1k | Home Mission and other Church Societies |
| FOREST HILL CHARITABLE TRUST | FY2022 | £1k | |
| FOREST HILL CHARITABLE TRUST | FY2024 | £1k | |
| FOREST HILL CHARITABLE TRUST | FY2023 | £1k | General |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE THE EVANGELIST, MAIDSTONE | FY2024 | £760 | Home Mission and other Church Societies |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IHELP GLOBAL | 1 | £24k |
| HAYS TRAVEL FOUNDATION | 1 | £11k |
| THE J A R CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE ST ANDREW'S SCHOOL TRUST
- THE S AND Y CHARITABLE TRUST
- NEETZOTZ LTD.
- HAZRAT SULTAN BAHU TRUST (UK)
- RCCG SURE FOUNDATION ASSEMBLY
- TE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOTERIA TRUST | £187k | — | 0 | unclear | — | no doubt |
| THE ST ANDREW'S SCHOOL TRUST | £2.2m | — | — | above | — | no doubt |
| THE S AND Y CHARITABLE TRUST | £113k | — | 0 | unclear | — | no doubt |
| NEETZOTZ LTD. | £138k | — | 0 | unclear | 0.9% | no doubt |
| HAZRAT SULTAN BAHU TRUST (UK) | £3.1m | — | 0 | above | — | no doubt |
| RCCG SURE FOUNDATION ASSEMBLY | £213k | — | 0 | above | — | no doubt |