LEA VALLEY CHURCH
"We exist to build a community of believers who will impact Waltham Abbey, the Lea Valley Region, London, and the World beyond" ACTS 1:8 Lea Valley Church (L.V.C.) has been in Waltham Abbey, Essex since the end of WWII. We are a growing family church, which is motivated by love, inspired to victory and centred on Christ. We want to be relevant to our community and practical in our Christianity
Financial health, per its FY2024 accounts
The accounts state that the charity reported an accounting surplus of £3,473 for the year ended 31 December 2024, with total income increasing to £193,646 and total expenditure decreasing to £190,173. Per the trustees' report, the charity holds unrestricted reserves of £53,881, which is below the stated policy target of three months' working capital, while total net assets stand at £779,146 largely due to property holdings.
What the accounts disclose
“The trustees and church council have agreed that it would be prudent to have three months’ working capital available. We continue to work towards this.” — page 4
Trustees
- Rev GEOFF ACEchair
- Denise Fitch
- IAN STUART LIDDLE
- Mark Jones
- Rev TIMOTHY GUTMANN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £193k | £190k |
| 31/12/2023 | £186k | £191k |
| 31/12/2022 | £205k | £199k |
| 31/12/2021 | £189k | £155k |
| 31/12/2020 | £211k | £193k |
Common questions
Is LEA VALLEY CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an accounting surplus of £3,473 for the year ended 31 December 2024, with total income increasing to £193,646 and total expenditure decreasing to £190,173. Per the trustees' report, the charity holds unrestricted reserves of £53,881, which is below the stated policy target of three months' working capital, while total net assets stand at £779,146 largely due to property holdings. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MESSAGE TRUST | 1 | £219k |
| THE JOSEPH RANK TRUST | 1 | £38k |
| THE GOSHEN TRUST | 1 | £23k |
| BASINGSTOKE COMMUNITY CHURCHES | 1 | £2k |
Charities like this
- THAMES VALLEY CHURCHES OF CHRIST
- TEES VALLEY COMMUNITY CHURCH
- TAWE VALLEY CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALTHAM ABBEY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS FINDON VALLEY WORTHING
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LEONARD'S WOLLATON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LEA VALLEY CHURCH | £193k | — | 0 | below | — | no doubt |
| THAMES VALLEY CHURCHES OF CHRIST | £394k | — | 0 | unclear | — | no doubt |
| TEES VALLEY COMMUNITY CHURCH | £1.2m | — | 0 | below | — | no doubt |
| TAWE VALLEY CHURCH | £143k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALTHAM ABBEY | £309k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS FINDON VALLEY WORTHING | £108k | — | 0 | unclear | — | no doubt |