HEART CHURCH
The objects of Heart Church are for the benefit of the public:a) advance the Christian faith in accordance with Heart Church's Statement of Faithb) relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and supportc) advance education
Objects
A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS FROM TIME TO TIME MAY THINK FIT.B) TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS FROM TIME TO TIME THINK FIT; ANDC) TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS FROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity held free reserves of £13,601,921 at the end of the year, significantly exceeding its stated policy target of £250,000 to £500,000. Per the trustees' report, the group has adequate resources to continue operations, with the auditor confirming no material uncertainties regarding going concern.
What the accounts disclose
“The management committee have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by Heart Church should be between 3 and 6 months of the resources expended, which equates to £250,000 to £500,000 in general funds.” — page 14
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Danielle Maisiri
- Fiyinfolu Iyanuoluwa Ojambati
- Gibson Fungai Bhunu
- Malcolm Watkin Baxter
- Matthew Donald Purdom
- Matthew Jones
- Muhumuza Bruce Kakimpa
- NIGEL CHARLES GALE
- Olajumoke Olubukonla Shonde
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.7m |
| 31/12/2023 | £1.2m | £1.4m |
| 31/12/2022 | £1.1m | £1.5m |
| 31/12/2021 | £983k | £1.5m |
| 31/12/2020 | £1.0m | £1.5m |
Common questions
Is HEART CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity held free reserves of £13,601,921 at the end of the year, significantly exceeding its stated policy target of £250,000 to £500,000. Per the trustees' report, the group has adequate resources to continue operations, with the auditor confirming no material uncertainties regarding going concern. Its FY2024 accounts were audited by Page Kirk LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £200k |
| GRACE FOUNDATION | 1 | £10k |
| THE COSTA FAMILY CHARITABLE TRUST | 1 | £5k |
Charities like this
- LIFEHOUSE CHURCH
- NEW GROUND CHURCHES
- CHRIST'S HEART CHURCH UK
- AUDACIOUS CHURCH
- ONE CHURCH
- LIFE COMMUNITY CHURCH (WARWICKSHIRE)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HEART CHURCH | £1.3m | — | — | above | — | no doubt |
| LIFEHOUSE CHURCH | £661k | — | 0 | unclear | — | no doubt |
| NEW GROUND CHURCHES | £450k | more than £60,000 | 2 | above | — | no doubt |
| CHRIST'S HEART CHURCH UK | £119k | — | 0 | unclear | — | no doubt |
| AUDACIOUS CHURCH | £4.7m | £81,403 | — | unclear | — | no doubt |
| ONE CHURCH | £1.1m | — | 0 | unclear | — | no doubt |