KINGS CHURCH, ST PAULS CRAY
The objectives of the charity are to promote evangelical christianity and to minister to the needs of the poor in the Cray Valley area. The church continues to do this through its meetings on a Sunday and mid-week together with involvement in specific activities in the wider community.The trustees are delighted.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £513,366, which falls within the trustees' stated policy range of three to twelve months of average expenditure. The trustees confirmed adequate assets are available to fulfill obligations and adopted the going concern basis of accounting. The charity reported a net incoming resource surplus of £97,180 for the year.
What the accounts disclose
“One member of staff earned over £60,000 during the year.”
“One member of staff earned over £60,000 during the year.”
“The principal source of income comes from offerings at the Sunday services, together with tax relief where Gift Aid is relevant.” — page 10
“The church has a policy of maintaining unrestricted reserves, other than as set aside for the building project, within the range of a minimum of 3 months, to a maximum of 12 months of average expenditure.” — page 4
Year-over-year changes
- Top pay band moved from Over £60,000 (FY2023) to over £60,000 (FY2024).
Trustees
- DEVALLETTA ROSSANNA NATHAN
- Dr ADE MAGAJI
- Gideon Ojo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £372k | £275k |
| 31/12/2023 | £363k | £285k |
| 31/12/2022 | £342k | £252k |
| 31/12/2021 | £324k | £377k |
| 31/12/2020 | £288k | £214k |
Common questions
Is KINGS CHURCH, ST PAULS CRAY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £513,366, which falls within the trustees' stated policy range of three to twelve months of average expenditure. The trustees confirmed adequate assets are available to fulfill obligations and adopted the going concern basis of accounting. The charity reported a net incoming resource surplus of £97,180 for the year. Its FY2024 accounts were independently examined.
What does the highest-paid employee of KINGS CHURCH, ST PAULS CRAY earn?
Per its FY2024 accounts, the highest-paid employee was in the over £60,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF RICHARD CLOUDESLEY | 1 | £157k |
| CEO SLEEPOUT | 1 | £4k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. SAVIOUR HANLEY ROAD | 1 | £688 |
Charities like this
- KINGS CHURCH MARSHES TRUST
- King's Community Church, Lancaster
- KINGSWAY CHRISTIAN FELLOWSHIP
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, KINGSTON HILL
- CHURCH OF CHRIST THE KING, SOUTH EAST LONDON
- KINGSLAND CHURCH COLCHESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KINGS CHURCH, ST PAULS CRAY | £372k | over £60,000 | 1 | within | — | no doubt |
| KINGS CHURCH MARSHES TRUST | £111k | — | 0 | unclear | — | no doubt |
| King's Community Church, Lancaster | £111k | — | 0 | unclear | — | no doubt |
| KINGSWAY CHRISTIAN FELLOWSHIP | £146k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, KINGSTON HILL | £458k | — | 0 | above | — | no doubt |
| CHURCH OF CHRIST THE KING, SOUTH EAST LONDON | £109k | — | 0 | unclear | — | no doubt |