C3 TRUST UK
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £271,566 for the year ended 31 March 2025, driven largely by the final stages of transitioning satellite churches to independence and capital expenditure. Per the trustees' report, general unrestricted reserves are at a low level, with freely available unrestricted reserves showing a deficit of £79,719 for the group. Despite these short-term pressures, the trustees remain confident in the charity's ability to continue as a going concern based on a medium to long-term plan to operate with adequate financial margin.
What the accounts disclose
“The freely available unrestricted reserves were £(79,719).” — page 10
“C Davies received emoluments of £48,574 (2024: £48,325) and pension contributions of £2,550 (2024: £2,550) during the year. A company owned and controlled by C Davies and his wife received £nil (2024: £676) for providing payroll and consultancy services to the charity.” — page 36
“J Willis received emoluments of £39,347 (2024: £8,479) and pension contributions of £1,180 (2024: £254) during the year.” — page 36
“C Davies received emoluments of £48,574 (2024: £48,325) and pension contributions of £2,550 (2024: £2,550) during the year. A company owned and controlled by C Davies and his wife received £nil (2024: £676) for providing payroll and consultancy services to the charity.” — page 36
“J Willis received emoluments of £39,347 (2024: £8,479) and pension contributions of £1,180 (2024: £254) during the year.” — page 36
“C Davies received emoluments of £48,574 (2024: £48,325) and pension contributions of £2,550 (2024: £2,550) during the year. A company owned and controlled by C Davies and his wife received £nil (2024: £676) for providing payroll and consultancy services to the charity.” — page 36
“J Willis received emoluments of £39,347 (2024: £8,479) and pension contributions of £1,180 (2024: £254) during the year.” — page 36
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (05/04/2013)
Trustees
- Louise Davieschair
- Dr Ngozika Patricia Uzoamaka Anumba
- Dr Olawale Olarinde
- Joanne Hemmingfield
- Joseph Matthew Willis
- Miran Muthiah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.8m |
| 31/03/2024 | £1.7m | £1.8m |
| 31/03/2023 | £1.6m | £1.9m |
| 31/03/2022 | £1.7m | £1.8m |
| 31/03/2021 | £2.1m | £3.8m |
Common questions
Is C3 TRUST UK financially healthy?
The accounts state that the charity reported a net decrease in funds of £271,566 for the year ended 31 March 2025, driven largely by the final stages of transitioning satellite churches to independence and capital expenditure. Per the trustees' report, general unrestricted reserves are at a low level, with freely available unrestricted reserves showing a deficit of £79,719 for the group. Despite these short-term pressures, the trustees remain confident in the charity's ability to continue as a going concern based on a medium to long-term plan to operate with adequate financial margin. Its FY2025 accounts were audited by UHY Hacker Young.