Charity Accounts Intelreading the accounts so you don’t have to

KINGSLAND CHURCH COLCHESTER

Registered charity 1127055 · accounts filings on the Charity Commission register

Latest income
£1.3m
Latest spending
£782k
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £3,444,340, while the trustees' policy targets net current assets of between three to six months of expenditure. The auditor confirmed that the charity has adequate resources to continue as a going concern with no material uncertainties identified.

What the accounts disclose

Reserves policy: net current assets, excluding loans, of between 3 to 6 months expenditure (held: £3.4m)
“The trustees have examined the charity's requirements for reserves in the light of the main risks to the organisation and consider that whilst the long term loans are being repaid the charity should have net current assets, excluding loans, of between 3 to 6 months expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee G Alaka loaned £5,000 for property purchase.
“At the balance sheet date one of the trustees, G Alaka, was owed a balance of £5,000 (2024: £5,000) relating to a loan to assist with the purchase of a property.” — page 32
“At the balance sheet date one of the trustees, A Courtier, was owed a balance of £nil (2024: £10,000) relating to a loan to assist with the purchase of a property.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee A Courtier loaned £nil (2024: £10,000) for property purchase.
“At the balance sheet date one of the trustees, G Alaka, was owed a balance of £5,000 (2024: £5,000) relating to a loan to assist with the purchase of a property.” — page 32
“At the balance sheet date one of the trustees, A Courtier, was owed a balance of £nil (2024: £10,000) relating to a loan to assist with the purchase of a property.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Secretary N Loxley's company Lifepond Ltd loaned £nil (2024: £25,000) for property purchase.
“At the balance sheet date one of the trustees, G Alaka, was owed a balance of £5,000 (2024: £5,000) relating to a loan to assist with the purchase of a property.” — page 32
“At the balance sheet date one of the trustees, A Courtier, was owed a balance of £nil (2024: £10,000) relating to a loan to assist with the purchase of a property.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee M Purser's charity Here For Good received £500 donation.
“At the balance sheet date one of the trustees, G Alaka, was owed a balance of £5,000 (2024: £5,000) relating to a loan to assist with the purchase of a property.” — page 32
“At the balance sheet date one of the trustees, A Courtier, was owed a balance of £nil (2024: £10,000) relating to a loan to assist with the purchase of a property.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees reimbursed £3,089 for expenses.
“At the balance sheet date one of the trustees, G Alaka, was owed a balance of £5,000 (2024: £5,000) relating to a loan to assist with the purchase of a property.” — page 32
“At the balance sheet date one of the trustees, A Courtier, was owed a balance of £nil (2024: £10,000) relating to a loan to assist with the purchase of a property.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Streets Audit LLP.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£782k
Reserves (reported)
£138k
Employees
14

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Essex

Income and spending

Financial year endIncomeSpending
31/03/2025£1.3m£782k
31/03/2024£1.2m£762k
31/03/2023£1.1m£630k
31/03/2022£1.0m£498k
31/03/2021£627k£470k

Common questions

Is KINGSLAND CHURCH COLCHESTER financially healthy?

The accounts state that unrestricted reserves stood at £3,444,340, while the trustees' policy targets net current assets of between three to six months of expenditure. The auditor confirmed that the charity has adequate resources to continue as a going concern with no material uncertainties identified. Its FY2025 accounts were audited by Streets Audit LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE BISHOP RADFORD TRUST1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with King's Community Church, Lancaster.