Charity Accounts Intelreading the accounts so you don’t have to

The Warehouse Church UK

Registered charity 1104359 · accounts filings on the Charity Commission register · also known as NEWPORT CITY CHURCH TRUST

Latest income
£529k
Latest spending
£504k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £14,976, representing progress toward the charity's policy target of three months' operating expenditure. The charity reports significant growth in attendance and financial support, with total incoming resources rising to £528,859 from £379,518 in the prior year. Total funds increased to £36,642, up from £12,081, indicating a strengthened financial position.

What the accounts disclose

Reserves policy: three months of operating expenditure (held: £15k)
“The Church's policy is to maintain unrestricted reserves sufficient to cover at least three months of operating expenditure” — page 2
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received a salary for pastoral duties; the wife of another trustee received a salary for a pastoral role.
“One Trustee was paid a salary in respect of his pastoral duties. The wife of one of the Trustees also received salary payments in respect of her pastoral role within the Church.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Accommodation provided to two senior pastors at a cost of £12,000.
“Accommodation was provided by the Church to its two senior pastors at a cost of £12,000 in the year.” — page 8
“One Trustee was paid a salary in respect of his pastoral duties.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: One trustee paid a salary for pastoral duties.
“Accommodation was provided by the Church to its two senior pastors at a cost of £12,000 in the year.” — page 8
“One Trustee was paid a salary in respect of his pastoral duties.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Wife of one trustee received salary payments for pastoral role.
“Accommodation was provided by the Church to its two senior pastors at a cost of £12,000 in the year.” — page 8
“One Trustee was paid a salary in respect of his pastoral duties.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

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

Total income
£529k
Total spending
£504k
Cost of raising funds
£9k
Reserves (reported)
£15k
Employees
10

Reported reserves equal ~0.4 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees

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

Operates in: Newport City

Income and spending

Financial year endIncomeSpending
31/12/2024£529k£504k
31/12/2023£380k£374k
31/12/2022£289k£291k
31/12/2021£268k£245k
31/12/2020£208k£187k

Common questions

Is The Warehouse Church UK financially healthy?

The accounts state that unrestricted reserves increased to £14,976, representing progress toward the charity's policy target of three months' operating expenditure. The charity reports significant growth in attendance and financial support, with total incoming resources rising to £528,859 from £379,518 in the prior year. Total funds increased to £36,642, up from £12,081, indicating a strengthened financial position. Its FY2024 accounts were independently examined.

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
SANTANDER UK FOUNDATION LIMITED1£41k
THE FYRISH FOUNDATION1£10k
CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES1£3k

Charities like this

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