The William Leech Research Fund

Registered charity 1127350 · accounts filings on the Charity Commission register · also known as THE WILLIAM LEECH RESEARCH FELLOWSHIP IN APPLIED CHRISTIAN THEOLOGY, WILLIAM LEECH PROFESSIONAL FELLOWSHIP IN APPLIED CHRISTIAN THEOLOGY

The objective is the advancement of religion for the public benefit by the award of grants to support research and theological reflection on social, economic and pastoral issues of relevance to the mission and ministry of churches of the North East of England and to the communication of the Christian gospel in the contemporary context of the UK.

Objects

THE OBJECTS OF THE TRUST ARE THE ADVANCEMENT OF RELIGION FOR THE BENEFIT OF THE PUBLIC BY THE AWARD OF GRANTS TO SUPPORT RESEARCH AND THEOLOGICAL REFLECTION ON SOCIAL, ECONOMIC AND PASTORAL ISSUES OFRELEVANCE TO THE MISSION AND MINISTRY OF CHURCHES OF THE NORTH EAST OF ENGLAND AND TO THE COMMUNICATION OF THE CHRISTIAN GOSPEL IN THE CONTEMPORARY CONTEXT OF THE UK. THE RESEARCH WILL BE UNDERTAKEN IN WAYS THAT INVOLVE ENGAGEMENT WITH THE CHURCH COMMUNITY, AND THE USEFUL FINDINGS OF THIS RESEARCH WILL BE DISSEMINATED TO THE CHURCHES AND THE WIDER PUBLIC. WHEN AWARDING THE GRANTS, THE TRUSTEE SHALL EXPRESS A PREFERENCE FOR PERSONS WHO INTEND TO RESIDE IN THE NORTH EAST OF ENGLAND FOR THE DURATION OF THEIR WORK, IN ORDER TO FACILITATE ACTIVE ENGAGEMENT IN THE REGION AND THE DISSEMINATION OF THEIR RESEARCH.

Area of benefit: NORTH EASTERN ENGLAND

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Religious Activities · website · Get email alerts

Latest income
£72k
Latest spending
£92k
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity’s unrestricted reserves were £7,388 at the end of the financial year, which is below the stated policy target of holding sufficient reserves to meet financial commitments. The charity reported a net expenditure of £127,707, driven by a £108,006 loss on investments, resulting in a decrease in total net assets from £2,690,199 to £2,562,492.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (100% of income)
“Total income - 72,250 72,250” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: sufficient reserves in the unrestricted fund to meet the Trust’s financial commitments (held: £7k)
“The policy is to hold sufficient reserves in the unrestricted fund to meet the Trust’s financial commitments.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Related party transaction
“Certain administration services are provided free of charge by the staff of William Leech (Investments) Limited. These services have not been quantified for inclusion in these financial statements, as the amounts are considered immaterial.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Durham · Gateshead · Hartlepool · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/03/2025£72k£92k
31/03/2024£71k£177k
31/03/2023£71k£17k
31/03/2022£76k£3k
31/03/2021£68k£62k

Common questions

Is The William Leech Research Fund financially healthy?

Per its FY2025 accounts: The accounts state that the charity’s unrestricted reserves were £7,388 at the end of the financial year, which is below the stated policy target of holding sufficient reserves to meet financial commitments. The charity reported a net expenditure of £127,707, driven by a £108,006 loss on investments, resulting in a decrease in total net assets from £2,690,199 to £2,562,492. Its FY2025 accounts were audited by Azets Audit Services.