THE JOSEPH STOREHOUSE TRUST
Latest income
£2.0m
Latest spending
£2.4m
Registered
2000
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased to £3,861,735 for the group and £4,102,543 for the parent company, while total net assets fell by £331,471. The trustees confirmed that these reserves were deemed sufficient to meet the charity's needs and that the going concern basis of preparation remains appropriate.
What the accounts disclose
Payments to trustees: No trustees received remuneration. Expenses were reimbursed to Barry and Batya Segal, their son, and Alistair Scott. Consultancy fees were paid to Greetings from Jerusalem Ltd (owned by trustee Barry Segal) and a company owned by Ariel Segal (son of trustees).
“During the year, no Trustees received any remuneration or other benefits (2023 - £NIL). None of the trustees (or any persons connected with them) received any remuneration from the charity in the year. Trustees' expenses were paid by the charity of £13,909 (2023: £19,392) to Barry and Batya Segal, and their son.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Consultancy fees paid to Greetings from Jerusalem Ltd, a company owned 100% by Barry Segal, trustee.
“Consultancy fees of £71,500 (2023: £65,000) and purchases of goods of £nil (2023: £1,545) were payable for the year to Greetings from Jerusalem Ltd, a company owned 100% by Barry Segal, trustee.” — page 28
“A company owned by Ariel Segal, the son of two of the trustees, received £50,090 (2023: £43,806) in payment for services provided to the charity for the development and maintenance of the charity's website.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Website development and maintenance services paid to a company owned by Ariel Segal, son of two trustees.
“Consultancy fees of £71,500 (2023: £65,000) and purchases of goods of £nil (2023: £1,545) were payable for the year to Greetings from Jerusalem Ltd, a company owned 100% by Barry Segal, trustee.” — page 28
“A company owned by Ariel Segal, the son of two of the trustees, received £50,090 (2023: £43,806) in payment for services provided to the charity for the development and maintenance of the charity's website.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses reimbursed to Barry and Batya Segal and their son.
“Consultancy fees of £71,500 (2023: £65,000) and purchases of goods of £nil (2023: £1,545) were payable for the year to Greetings from Jerusalem Ltd, a company owned 100% by Barry Segal, trustee.” — page 28
“A company owned by Ariel Segal, the son of two of the trustees, received £50,090 (2023: £43,806) in payment for services provided to the charity for the development and maintenance of the charity's website.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: The Millennium Commercial Centre in Modiin Ltd
“There is one subsidiary undertaking, The Millennium Commercial Centre in Modiin Limited. This is a trading company registered in Israel, and is 100% owned by The Joseph Storehouse Trust.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 04070371
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.7m
Total spending
£2.4m
Cost of raising funds
£355k
Reserves (reported)
£150k
Employees
4
Register events
- Received assets from another charity (04/11/2025)
Trustees
- ALISTAIR MARTIN SCOTT
- BARRY SEGAL
- BATYA SEGAL
- Roger Overton-Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.0m | £2.4m |
| 31/12/2023 | £1.8m | £1.4m |
| 31/12/2022 | £1.4m | £1.6m |
| 31/12/2021 | £1.6m | £1.5m |
| 31/12/2020 | £1.5m | £1.3m |
Common questions
Is THE JOSEPH STOREHOUSE TRUST financially healthy?
The accounts state that unrestricted reserves decreased to £3,861,735 for the group and £4,102,543 for the parent company, while total net assets fell by £331,471. The trustees confirmed that these reserves were deemed sufficient to meet the charity's needs and that the going concern basis of preparation remains appropriate. Its FY2024 accounts were audited by Baldwin Scofield Ltd.
Who funds THE JOSEPH STOREHOUSE TRUST?
Funders whose own accounts filings name THE JOSEPH STOREHOUSE TRUST as a grant recipient include KENNETH COPELAND MINISTRIES, KINGS CHURCH INTERNATIONAL, FOUNDATION CHRISTIAN FELLOWSHIP WARMINSTER.
Known funders
| Funder | Year | Amount |
|---|---|---|
| KENNETH COPELAND MINISTRIES | FY2023 | £42k |
| KENNETH COPELAND MINISTRIES | FY2024 | £25k |
| KENNETH COPELAND MINISTRIES | FY2025 | £22k |
| KINGS CHURCH INTERNATIONAL | FY2024 | £13k |
| KINGS CHURCH INTERNATIONAL | FY2022 | £10k |
| FOUNDATION CHRISTIAN FELLOWSHIP WARMINSTER | FY2023 | £842 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| MOLE CHARITABLE TRUST | 1 | £95k |
| Rights and Security International | 1 | £67k |