COUNCIL FOR WORLD MISSION (UK)
Financial health, per its FY2024 accounts
The accounts state that the charity holds a strong capital base with total net assets of £178.1m, predominantly derived from an investment portfolio that generated significant mark-to-market gains. The trustees report that unrestricted reserves are sufficient to maintain the base level of capital in perpetuity, and the going concern assessment confirms adequate resources to continue activities for the foreseeable future.
What the accounts disclose
“1 employee earned between £60,000 – £69,999 during the year (2023: 1).” — page 23
“1 employee earned between £60,000 – £69,999 during the year (2023: 1).” — page 23
“Its Reserves Policy is, therefore, to maintain, when measured on average over a period of years in real terms, at least the base level of the unrestricted reserves in perpetuity. This would imply reserves target at the end of 2024 of around £165m”
“Grants payable to CWM Ltd are also shown in the note 2.4.1 and the amount outstanding as at year-end reporting date are shown in note 8 above.”
“Included in investment managers’ fees is £294,178 paid to CWM’s investment advisors (2023: £401,711).” — page 22
“Grants payable to CWM Ltd are also shown in the note 2.4.1 and the amount outstanding as at year-end reporting date are shown in note 8 above.”
“Included in investment managers’ fees is £294,178 paid to CWM’s investment advisors (2023: £401,711).” — page 22
Year-over-year changes
- Top pay band moved from £60,000 - £69,999 (FY2023) to £60,001 - £70,000 (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (19/01/2017)
Trustees
- Afika Babazile Rwayi
- Rev Dylan Rhys Parry
- Rev Francois Opura Pihaatae
- Rev Wonbin Park
- Trevor Llewellyn Benn
- Zodin Puii
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.2m | £8.2m |
| 31/12/2023 | £3.9m | £14.5m |
| 31/12/2022 | £3.6m | £6.7m |
| 31/12/2021 | £4.1m | £6.4m |
| 31/12/2020 | £3.6m | £5.7m |
Common questions
Is COUNCIL FOR WORLD MISSION (UK) financially healthy?
The accounts state that the charity holds a strong capital base with total net assets of £178.1m, predominantly derived from an investment portfolio that generated significant mark-to-market gains. The trustees report that unrestricted reserves are sufficient to maintain the base level of capital in perpetuity, and the going concern assessment confirms adequate resources to continue activities for the foreseeable future. Its FY2024 accounts were audited by MHA.
What does the highest-paid employee of COUNCIL FOR WORLD MISSION (UK) earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.