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

Get email alerts for this charity

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.

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.

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).

Trustees

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?

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.