SHELFORD GOSPEL TRUST
To advance the Christian faithTo relieve sickness and financial hardship
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £2,502,838 against total income of £105,284, resulting in a net surplus of £75,430 for the year. Per the trustees' report, the charity faces a medium-term financial risk associated with a refurbishment loan from Kingdom Bank, though stress testing indicates little short-term risk due to secured rental income. The trustees confirmed adequate resources to continue operations for the foreseeable future.
What the accounts disclose
“The Trustees have resolved to retain sufficient funds with three elements to cover a proportion of the committed annual expenditure, project reserves (for specific property projects) and reserves for unforeseen events (such as property maintenance events).” — page 5
“The total amount of donations funded by Trustees and connected parties was £79,060 (2023: £16,175). No other transactions have taken place with related parties during the year.” — page 12
Property (HM Land Registry)
Trustees
- PROF ROBERT STEPHEN WHITE FRSchair
- Joanna Pearce
- Nicholas Cecil John Bewes
- Nicholas Georgiadis
- ROSEMARY ELIZABETH BRIDGE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £83k | £48k |
| 31/12/2024 | £105k | £30k |
| 31/12/2023 | £207k | £27k |
| 31/12/2022 | £256k | £41k |
| 31/12/2021 | £499k | £8k |
Common questions
Is SHELFORD GOSPEL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £2,502,838 against total income of £105,284, resulting in a net surplus of £75,430 for the year. Per the trustees' report, the charity faces a medium-term financial risk associated with a refurbishment loan from Kingdom Bank, though stress testing indicates little short-term risk due to secured rental income. The trustees confirmed adequate resources to continue operations for the foreseeable future. Its FY2024 accounts were independently examined.