SOUL CHURCH LTD
See Report of theTrustees document attached
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £609,067, which is above the stated policy target of three months of estimated total expenditure (£576,932). The charity reported a net income surplus of £216,042 for the year, supported by strong unrestricted funds and a stable reserves position.
What the accounts disclose
“The target level of free reserves is set at three months of estimated total expenditure from unrestricted funds.” — page 9
“During the year one trustee was an employee of the charity in which capacity they received salaries of £49,295 (2024: £47,859) and pension contributions of £616 (2024: £NIL) — no trustees received any payments for acting as such.” — page 26
“Soul Foundation (charity number 1150912) is a related party due to having trustees in common. At the year-end there was an outstanding creditor balance of £6,609 (2024 debtor £13,129). The transactions during the period consist of expense recharges and donations to Soul Foundation.” — page 30
“Soul Enterprise Trading Ltd (company number 11093104) is a wholly owned subsidiary of Soul Church Ltd. At the year-end there was an outstanding debtor balance of £108,326 (2024 - £65,501). The transactions during the period consist largely of expense recharges relating to the Soul Cafe.” — page 30
“Soul Foundation (charity number 1150912) is a related party due to having trustees in common. At the year-end there was an outstanding creditor balance of £6,609 (2024 debtor £13,129). The transactions during the period consist of expense recharges and donations to Soul Foundation.” — page 30
“Soul Enterprise Trading Ltd (company number 11093104) is a wholly owned subsidiary of Soul Church Ltd. At the year-end there was an outstanding debtor balance of £108,326 (2024 - £65,501). The transactions during the period consist largely of expense recharges relating to the Soul Cafe.” — page 30
“Income from trading activities includes income earned from fundraising event, trading activities to raise funds for the charity and trading income of wholly owned subsidiary Soul Enterprise Trading Ltd.” — page 22
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).
Leadership, per the charity’s website
- Jon — Pastor
- Chantel — Pastor
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (30/01/2025)
- Received assets from another charity (07/11/2011)
Trustees
- Dr OKECHUKWU NNAENEKA CHUKWUNWIKE
- MARK NEVIN ANDREW HOLLINGER
- Richard Paul Nash
- Senior Pastor John Norman
- Susan Ruth Knights
- William Joseph McKinney
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.3m | £3.1m |
| 31/03/2024 | £5.1m | £1.8m |
| 31/03/2023 | £3.6m | £1.5m |
| 31/03/2022 | £4.7m | £1.5m |
| 31/03/2021 | £1.6m | £1.1m |
Common questions
Is SOUL CHURCH LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £609,067, which is above the stated policy target of three months of estimated total expenditure (£576,932). The charity reported a net income surplus of £216,042 for the year, supported by strong unrestricted funds and a stable reserves position. Its FY2025 accounts were audited by Sexty & Co.
Who funds SOUL CHURCH LTD?
Funders whose own accounts filings name SOUL CHURCH LTD as a grant recipient include NORFOLK COMMUNITY FOUNDATION, THE R C SNELLING CHARITABLE TRUST, THE GEOFFREY WATLING CHARITY, THE COSTA FAMILY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORFOLK COMMUNITY FOUNDATION | FY2023 | £26k | Increase youth worker hours to expand projects supporting young people and offer free holiday activity sessions. |
| THE R C SNELLING CHARITABLE TRUST | FY2024 | £11k | |
| THE GEOFFREY WATLING CHARITY | FY2022 | £10k | New community church in Heartsease |
| THE COSTA FAMILY CHARITABLE TRUST | FY2023 | £2k | |
| THE COSTA FAMILY CHARITABLE TRUST | FY2025 | £2k |
Charities like this
- MALAYALAM GOSPEL CHURCH
- RCCG SURE FOUNDATION ASSEMBLY
- NORTH CHURCH UK
- GRACE CHURCH SALISBURY
- TRUE LIFE CHURCH MK
- Hope Church Truro
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOUL CHURCH LTD | £3.3m | — | 0 | above | — | no doubt |
| MALAYALAM GOSPEL CHURCH | £205k | — | 0 | unclear | — | no doubt |
| RCCG SURE FOUNDATION ASSEMBLY | £213k | — | 0 | above | — | no doubt |
| NORTH CHURCH UK | £2.6m | £80,000 - £89,999 | — | above | — | no doubt |
| GRACE CHURCH SALISBURY | £392k | — | 0 | unclear | — | no doubt |
| TRUE LIFE CHURCH MK | £142k | — | 0 | within | — | no doubt |