CHURCH GROWTH TRUST LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net income surplus of £710,837 for the year ended 30 September 2023, with total net assets of £21,721,543. The trustees confirm that free reserves of £357,358 are below the stated policy target of approximately three months' routine general fund expenditure plus committed future expenditure, noting this is due to two specific exceptional cases to support churches. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees are aware that the free reserves requirement is in excess of free reserves, due to two specific and exceptional cases to support churches.” — page 11
“One trustee (SK Sanlon) was paid £3,290 for planning services provided to the charity during the year. CGT followed its procedure for paying a trustee, including excluding that trustee from the decision-making process, ensuring any payment is reasonable in relation to the services provided, being satisfied that any payment is in the best interests of the charity and providing a written agreement between CGT and the trustee.” — page 27
“During the year the charity gave a grant of £39,500 (2022: £Nil) to Counties (Charity no. 264278) one trustee; Mr Richard Canham, is a trustee of Counties. The named individuals took no part in the discussions or decision making regarding these grants.” — page 34
Leadership, per the charity’s website
- Giles Arnold — Chief Executive
- Garryl Willis — Operations Director
Structured financials (annual return, FY ending 30/09/2025)
Register events
- Received assets from another charity (25/09/2025)
- Received assets from another charity (06/09/2024)
- Received assets from another charity (21/12/2022)
- Received assets from another charity (18/02/2013)
Trustees
- Kevin John Russell
- MARK ARTHUR WALLACE
- Neil Walker
- PAUL WITHAMS
- Richard Canham
- Richard Jones
- SIMON RICHARD DAVID
- Susanna Katherine Sanlon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £1.5m | £931k |
| 30/09/2024 | £1.9m | £853k |
| 30/09/2023 | £1.4m | £829k |
| 30/09/2022 | £1.7m | £579k |
| 30/09/2021 | £1.2m | £685k |
Common questions
Is CHURCH GROWTH TRUST LIMITED financially healthy?
The accounts state that the charity reported a net income surplus of £710,837 for the year ended 30 September 2023, with total net assets of £21,721,543. The trustees confirm that free reserves of £357,358 are below the stated policy target of approximately three months' routine general fund expenditure plus committed future expenditure, noting this is due to two specific exceptional cases to support churches. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Sheen Stickland.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |
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