HILLSONG CHURCH LONDON
THE PRINCIPAL OBJECTIVES OF HILLSONG CHURCH LONDON, AS SET IN OUR CONSTITUTION, IS THE ADVANCEMENT OF THE CHRISTIAN RELIGION BY THE PRONOUNCEMENT OF THE GOSPEL OF JESUS CHRIST.
Financial health, per its FY2024 accounts
The accounts state that the group reported a net deficit of £265,545 for the year ended 31 December 2024, a significant improvement from the restated deficit of £633,411 in the prior year. Per the trustees' report, unrestricted reserves stood at £5,648,502, which is below the stated policy target of holding cash equal to three months of staffing costs and debt repayments, though the trustees consider this acceptable during the current financial recovery strategy. The trustees confirm that reserves remain adequate to settle liabilities as they fall due and that the charity can continue as a going concern.
What the accounts disclose
“The current reserves policy was determined in 2021 and stipulates a goal of holding unrestricted cash equal to three months of staffing costs and debt repayments. This has been reviewed regularly since and currently it is considered that in the midst of the financial recovery strategy, and when building costs were needed, it would be acceptable to hold reserves below this amount at this time.” — page 7
“During the year, there were related party transactions totalling £48,583 (2023: £8,408) with Hillsong NL. This consists of donations received from Hillsong NL of £48,583 (2023: £8,408). There were costs of £Nil (2023: £1,714) paid on behalf of Hillsong Espana.” — page 6
“During the year, £446,872 (2023: £517,091) was recharged in respect of staff costs, £124,881 (2023: £89,341) of travel costs and £619 (2023: £840) of miscellaneous costs.” — page 41
“During the year, there were related party transactions totalling £48,583 (2023: £8,408) with Hillsong NL. This consists of donations received from Hillsong NL of £48,583 (2023: £8,408). There were costs of £Nil (2023: £1,714) paid on behalf of Hillsong Espana.” — page 6
“During the year, £446,872 (2023: £517,091) was recharged in respect of staff costs, £124,881 (2023: £89,341) of travel costs and £619 (2023: £840) of miscellaneous costs.” — page 41
“In 2023 the decision was made to incorporate a trading subsidiary, Community Venues UK Limited, in order to allow the maximum use of the Church’s property assets by hiring premises to third parties for events and functions.” — page 5
Corporate structure
- Registered company of the charity Companies House 05487537
- Trading subsidiary: COMMUNITY VENUES UK LIMITED Companies House 14979410
- Profit before tax: £-57.5m
- Parent company (Hillsong Church London) provides financial support to enable going concern.
Leadership, per the charity’s website
- Nicola Douglass — Lead Pastor
Company officers (Companies House)
- WILLIAMS, Graham on trustee list
- ABHAYARATNA, Angel Mythili on trustee list
- OBI, Udonna on trustee list
- OKEKE, Chiamaka on trustee list
- DACRE, Russell Barclay not on trustee list
- WHITEWOOD, David Stephen on trustee list
- SPIES, Adam Peter
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (26/07/2018)
Trustees
- Russ Dacrechair
- Angel Abhayaratna
- CHIAMAKA OKEKE
- David Stephen Whitewood
- Graham Williams
- UDONNA OBI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £10.6m | £10.9m |
| 31/12/2023 | £10.1m | £10.7m |
| 31/12/2022 | £10.8m | £12.0m |
| 31/12/2021 | £12.3m | £12.5m |
| 31/12/2020 | £14.7m | £12.5m |
Common questions
Is HILLSONG CHURCH LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the group reported a net deficit of £265,545 for the year ended 31 December 2024, a significant improvement from the restated deficit of £633,411 in the prior year. Per the trustees' report, unrestricted reserves stood at £5,648,502, which is below the stated policy target of holding cash equal to three months of staffing costs and debt repayments, though the trustees consider this acceptable during the current financial recovery strategy. The trustees confirm that reserves remain adequate to settle liabilities as they fall due and that the charity can continue as a going concern. Its FY2024 accounts were audited by UHY Hacker Young.
Who funds HILLSONG CHURCH LONDON?
Funders whose own accounts filings name HILLSONG CHURCH LONDON as a grant recipient include CHURCH REVITALISATION TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHURCH REVITALISATION TRUST | FY2023 | £54k | Love Your Neighbour Grants |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 12/03/2025 | £15k | Football United for refugee youth |
| UK government | 12/03/2025 | £15k | Football United for refugee youth |
| UK government | 19/04/2021 | £10k | Resettlement Programme - Post Arrival Support |
| UK government | 19/04/2021 | £385k | Resettlement Programme - Post Arrival Support |
| UK government | 01/04/2020 | £840 | Resettlement Programme - Post arrival support 2020-21 |
Charities like this
- CHINESE CHURCH IN LONDON
- THE LONDON FULL GOSPEL CENTRAL CHURCH
- SELSDON BAPTIST CHURCH
- HIS CHURCH - LONDON
- THE CHURCH OF THE LONDONERS
- Christ Church London
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HILLSONG CHURCH LONDON | £10.6m | — | — | below | — | no doubt |
| CHINESE CHURCH IN LONDON | £2.2m | — | 0 | unclear | — | no doubt |
| THE LONDON FULL GOSPEL CENTRAL CHURCH | £974k | — | 0 | above | — | no doubt |
| SELSDON BAPTIST CHURCH | £272k | — | 0 | unclear | — | no doubt |
| HIS CHURCH - LONDON | £174k | — | 0 | unclear | — | no doubt |
| THE CHURCH OF THE LONDONERS | £994k | — | 0 | unclear | — | no doubt |