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

Welcome Church

Registered charity 1115631 · accounts filings on the Charity Commission register · also known as THE COIGN CHURCH TRUST

Church based in Woking

Causes: Education/training · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£2.3m
Latest spending
£1.5m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income was £2,324,550 with a net movement in funds of £858,841, resulting in total reserves of £7,300,165. The trustees report that a significant portion of these reserves is held in the form of tangible assets, specifically buildings, with £4,666,913 designated to the building fund. The charity has taken on significant long-term debt, with outstanding bank loans totaling £3,617,881, primarily to fund the purchase and renovation of a new property.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Trustee L Green is employed by Moore Barlow, the charity's solicitors, which received payments of £37,620.
“Trustee L Green is employed by Moore Barlow and is a Trustee of Commission Apostolic Trust. Moore Barlow are the charity's solicitors and received payments of £37,620 during the year.” — page 33
“Trustee M Deavin is also a trustee of The Really Useful Wood Company which received £nil (2024: £5,000) from the church during the year, and the use free of charge of property to operate from.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee M Deavin is a trustee of The Really Useful Wood Company, which received £nil from the church and free use of property.
“Trustee L Green is employed by Moore Barlow and is a Trustee of Commission Apostolic Trust. Moore Barlow are the charity's solicitors and received payments of £37,620 during the year.” — page 33
“Trustee M Deavin is also a trustee of The Really Useful Wood Company which received £nil (2024: £5,000) from the church during the year, and the use free of charge of property to operate from.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity donated £68,000 to Commission Apostolic Trust, a related party, plus other payments and refunds.
“Trustee L Green is employed by Moore Barlow and is a Trustee of Commission Apostolic Trust. Moore Barlow are the charity's solicitors and received payments of £37,620 during the year.” — page 33
“Trustee M Deavin is also a trustee of The Really Useful Wood Company which received £nil (2024: £5,000) from the church during the year, and the use free of charge of property to operate from.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Warner Wilde Limited. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

10 registered titles in England and Wales held by the charity’s company or corporate body (10 freehold); recorded price paid £3.4m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.3m
Total spending
£1.5m
Reserves (reported)
£2.5m
Employees
10

Reported reserves equal ~20.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
31/03/2025£2.3m£1.5m
31/03/2024£2.5m£1.3m
31/03/2023£1.3m£1.2m
31/03/2022£1.1m£896k
31/03/2021£1.1m£625k

Common questions

Is Welcome Church financially healthy?

Per its FY2025 accounts: The accounts state that total income was £2,324,550 with a net movement in funds of £858,841, resulting in total reserves of £7,300,165. The trustees report that a significant portion of these reserves is held in the form of tangible assets, specifically buildings, with £4,666,913 designated to the building fund. The charity has taken on significant long-term debt, with outstanding bank loans totaling £3,617,881, primarily to fund the purchase and renovation of a new property. Its FY2025 accounts were audited by Warner Wilde Limited.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WOKING CHRIST CHURCH.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Welcome Church£2.3m——unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WOKING CHRIST CHURCH FY2025£2.2m—0below—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, WOKING FY2024£103k—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT JOHN THE BAPTIST WOKING FY2025£398k—0below—no doubt
CHURCH ON THE MOVE FY2025£137k—0above—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S KINGS WORTHY FY2025£191k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.