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CHRIST EMBASSY

Registered charity 1059247 · accounts filings on the Charity Commission register · also known as BELIEVERS LOVEWORLD INCORPORATED (BLW), BELIEVERS' LOVEWORLD INCORPORATED (BLW), CHRIST EMBASY

Latest income
£8.2m
Latest spending
£8.2m
Registered
1996
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net movement in funds of £26,741 for the year ended 31 December 2024, with total incoming resources of £8,241,702 and total expenditure of £8,214,961. However, the charity holds a deficit on reserves of £1,485,204, which the trustees are seeking to recover through the disposal of fixed assets and use of restricted funds. Despite this deficit, the trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: three to four months of core operating expenditure, considered to be approximately £1.1m (held: £-1.5m)
“The target level of unrestricted reserves is generally set at the equivalent of three to four months of core operating expenditure, considered to be approximately £1.1m.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Blue Spire Limited.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£8.2m
Total spending
£8.2m
Cost of raising funds
£319
Reserves (reported)
£1.5m
Employees
34

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£8.2m£8.2m
31/12/2023£8.1m£8.3m
31/12/2022£7.4m£8.2m
31/12/2021£7.8m£7.8m
31/12/2020£6.9m£5.7m

Common questions

Is CHRIST EMBASSY financially healthy?

The accounts state that the charity reported a net movement in funds of £26,741 for the year ended 31 December 2024, with total incoming resources of £8,241,702 and total expenditure of £8,214,961. However, the charity holds a deficit on reserves of £1,485,204, which the trustees are seeking to recover through the disposal of fixed assets and use of restricted funds. Despite this deficit, the trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Blue Spire Limited.

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
IGLESIA NI CRISTO (CHURCH OF CHRIST)1£3.0m
SANTANDER UK FOUNDATION LIMITED1£41k
THE FYRISH FOUNDATION1£10k
THE BENHAM CHARITABLE SETTLEMENT1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with IGLESIA NI CRISTO (CHURCH OF CHRIST).