SHEPSHED WORD OF LIFE CHURCH
a. the public worship of Godb. the instruction of people in the Christian faith;c. the support of Christian mission work across the world; andd. the provision of spiritual, mental and physical help for those in need.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total loss on year of £14,317, driven by a £22,334 operating loss against £119,025 in income. Per the trustees' report, the church has a reserves policy ensuring it will not risk going into debt, with operational expenditure budgeted to not exceed income. The net assets stood at £1,275,588, including significant restricted funds for the building and missionary support.
What the accounts disclose
“Regular Offerings & Donations 74%”
“The Church distinguishes between operational expenditure and exceptional expenditure, and has a 3-year projection which ensures that the Church will not risk going into debt. The operational expenditure is budgeted to not exceed the income.” — page 8
“One of the two employees (S J Clarke) is a trustee and his remuneration was £46201 (2023: £43440). He receives remuneration for his role as Pastor and not for his role as a trustee.” — page 17
“Total donations made by trustees to the Church during the year was £22036.” — page 18
Trustees
- Alex Matthew Warren BSc, BTh.
- David Eric Bottomley MA
- MR CHRIS JONES
- MR PHIL COTTRELL
- NIGEL RALPH HOLMES
- SIMON JOHN CLARKE BA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £182k | £217k |
| 31/03/2024 | £154k | £180k |
| 31/03/2023 | £167k | £198k |
| 31/03/2022 | £486k | £481k |
| 31/03/2021 | £368k | £91k |
Common questions
Is SHEPSHED WORD OF LIFE CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a total loss on year of £14,317, driven by a £22,334 operating loss against £119,025 in income. Per the trustees' report, the church has a reserves policy ensuring it will not risk going into debt, with operational expenditure budgeted to not exceed income. The net assets stood at £1,275,588, including significant restricted funds for the building and missionary support. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHURCH REVITALISATION TRUST | 1 | £46k |
| EMMANUEL CHURCH OXFORD | 1 | £5k |
Charities like this
- LIVING WORD COMMUNITY CHURCH
- LIFE CHURCH SHERINGHAM
- LIFE CHURCH MINISTRIES
- CITY LIFE INTERNATIONAL CHURCH
- LIVING WORD CHURCH NETWORK
- CITY CHURCH SHEFFIELD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHEPSHED WORD OF LIFE CHURCH | £182k | — | 0 | unclear | — | no doubt |
| LIVING WORD COMMUNITY CHURCH | £234k | — | 0 | unclear | — | no doubt |
| LIFE CHURCH SHERINGHAM | £199k | — | 0 | unclear | — | no doubt |
| LIFE CHURCH MINISTRIES | £1.6m | — | 0 | unclear | — | no doubt |
| CITY LIFE INTERNATIONAL CHURCH | £203k | — | 0 | unclear | — | no doubt |
| LIVING WORD CHURCH NETWORK | £203k | — | 0 | unclear | — | no doubt |