DUKE STREET CHURCH (RICHMOND-UPON-THAMES)
THE ADVANCEMENT OF THE CHRISTIAN FAITH ACCORDING TO THE STATEMENT OF BELIEFS OF THE CHARITY
Financial health, per its FY2025 accounts
The accounts state that the church holds unrestricted reserves of £6,057,401 and cash reserves of £204,000, which equates to 3.5 months of budgeted operating expenses, sitting within its stated policy target of three to six months. The charity reported a net deficit for the year of £44,051, driven by total expenditure of £866,834 against total income of £822,783, while maintaining a strong net asset position of £6.1 million. The trustees confirm adequate resources for future operations with no material uncertainties identified regarding going concern.
What the accounts disclose
“The senior minister, James Muldoon, received remuneration of £53,691 (2024: 37,226) during the year and pension contributions of £5,345 (2024: 3,705) were made on his behalf.” — page 19
“There was one employee whose annual remuneration was in the range £60,000-£70,000 (2024: 1).” — page 20
“Family members of trustees received remuneration (which includes gross salary and employers pension contributions) of £7,294 (2024: £6,297) during the year.” — page 26
“During the year £130,863 unrestricted donations were made by Trustees to the church (2024: £120,217).” — page 19
“Family members of trustees received remuneration (which includes gross salary and employers pension contributions) of £7,294 (2024: £6,297) during the year.” — page 26
“During the year £130,863 unrestricted donations were made by Trustees to the church (2024: £120,217).” — page 19
Year-over-year changes
- Top pay band moved from £60,001 - £70,000 (FY2024) to £53,691 (FY2025).
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Barbara Elizabeth McLeish
- Charles Bateman
- Deirdre Jill Beckett
- Ivan Stanley Baird
- James Muldoon
- John Frederick Taylor
- Jonathan Borsley
- Laurie Hunter
- Paul John CHAMBERS
- Steve Richard Pryor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £823k | £867k |
| 31/12/2024 | £722k | £896k |
| 31/12/2023 | £676k | £860k |
| 31/12/2022 | £749k | £742k |
| 31/12/2021 | £1.0m | £1.1m |
Common questions
Is DUKE STREET CHURCH (RICHMOND-UPON-THAMES) financially healthy?
Per its FY2025 accounts: The accounts state that the church holds unrestricted reserves of £6,057,401 and cash reserves of £204,000, which equates to 3.5 months of budgeted operating expenses, sitting within its stated policy target of three to six months. The charity reported a net deficit for the year of £44,051, driven by total expenditure of £866,834 against total income of £822,783, while maintaining a strong net asset position of £6.1 million. The trustees confirm adequate resources for future operations with no material uncertainties identified regarding going concern. Its FY2025 accounts were audited by Xeinadin Audit Limited.
What does the highest-paid employee of DUKE STREET CHURCH (RICHMOND-UPON-THAMES) earn?
Per its FY2025 accounts, the highest-paid employee was in the £53,691 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOSPEL PARTNERS TRUST | 1 | £3k |
Charities like this
- GRACE CHURCH DULWICH
- THE KING'S CHURCH DURHAM
- RUACH CITY CHURCH
- CHRIST CHURCH DUNSTABLE
- CHAMPIONS CHURCH
- CHRIST APOSTOLIC CHURCH SURREY DOCKS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DUKE STREET CHURCH (RICHMOND-UPON-THAMES) | £823k | £53,691 | 1 | within | — | no doubt |
| GRACE CHURCH DULWICH | £590k | — | 0 | below | — | no doubt |
| THE KING'S CHURCH DURHAM | £571k | — | 0 | unclear | — | no doubt |
| RUACH CITY CHURCH | £2.8m | — | — | unclear | — | noted |
| CHRIST CHURCH DUNSTABLE | £210k | — | 0 | above | — | no doubt |
| CHAMPIONS CHURCH | £739k | — | 0 | unclear | — | no doubt |