GOSPEL PARTNERS TRUST
GPT is concerned with the furtherance of the Christian Faith in the UK and overseas with special emphasis on:Districts and areas of the UK where financial and other resources are less available;Particular ministries without adequate financial and other resources;The education, training, preparation and deployment of workers without adequate financial and other resources
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £284,249, which the Trustees note is well above their usual low level of ongoing uncommitted reserves. The charity reported a net increase in resources of £71,178 for the year, funded by a 19% rise in donations to £390,878. While anticipated grants of £288,000 would theoretically reduce funds to a small deficit, the Trustees expect that not all potential repeat funding will be needed.
What the accounts disclose
“besides keeping prudent cash reserves up to £20,000 for a short period beyond the normal grant making cycle, the Trustees aim to run the Trust with a low level of ongoing uncommitted reserves.” — page 6
“During the year ended 31 December 2024 Trustees or companies controlled by Trustees donated a total of £12,375 (2023: £31,250) to the Trust.” — page 15
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £393k | £322k |
| 31/12/2023 | £329k | £231k |
| 31/12/2022 | £236k | £229k |
| 31/12/2021 | £184k | £185k |
| 31/12/2020 | £186k | £218k |
Common questions
Is GOSPEL PARTNERS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £284,249, which the Trustees note is well above their usual low level of ongoing uncommitted reserves. The charity reported a net increase in resources of £71,178 for the year, funded by a 19% rise in donations to £390,878. While anticipated grants of £288,000 would theoretically reduce funds to a small deficit, the Trustees expect that not all potential repeat funding will be needed. Its FY2024 accounts were independently examined.
Who funds GOSPEL PARTNERS TRUST?
Funders whose own accounts filings name GOSPEL PARTNERS TRUST as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SEPULCHRE CAMBRIDGE, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST GEORGE, FULWELL.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SEPULCHRE CAMBRIDGE | FY2025 | £20k | £20,000 (2024:£20,000) paid to Gospel Partners Trust |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST GEORGE, FULWELL | FY2022 | £3k | Support of Jess Grubb's role (Grubb fund) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HARVEST COMMUNITY NETWORK | 1 | £33k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN WITH ST. LUKE, PADDINGTON | 1 | £3k |
Charities like this
- Islington Gospel Trust Limited
- THE PARTNERSHIP TRUST
- BIBLE AND GOSPEL TRUST
- THE GOSPEL CENTRE
- THE SOLA TRUST
- CHANDLERS FORD GOSPEL HALL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GOSPEL PARTNERS TRUST | £393k | — | 0 | above | — | no doubt |
| Islington Gospel Trust Limited | £240k | — | 0 | above | — | no doubt |
| THE PARTNERSHIP TRUST | £206k | Under £60,000 | 0 | within | — | no doubt |
| BIBLE AND GOSPEL TRUST | £8.9m | — | — | unclear | — | noted |
| THE GOSPEL CENTRE | £136k | — | 0 | unclear | — | no doubt |
| THE SOLA TRUST | £1.2m | — | 0 | above | — | no doubt |