CHRIST FIRST WATFORD
Objects of the charity: The Charity's objects are for the public benefit to advance the Christian faith in the UK and abroad and to fulfill other purposes which are charitable according to the law of England and Wales.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £9,919 for the year, resulting in a decrease in total unrestricted funds from £137,375 to £127,456. The trustees confirm the charity is prepared on a going concern basis, citing adequate resources for the foreseeable future. The charity maintains a reserves policy targeting approximately six months of operating expenses, equating to £70,000, against which current unrestricted reserves of £127,456 are held.
What the accounts disclose
“The target level of general reserves is approximately six months operating expenses for the ongoing church activities, which equates to approximately £70,000, plus additional funds to invest in our building.” — page 7
“During the year Rebekah Steed, the spouse of Alex Steed, a Trustee, received remuneration of £660 (2024: £nil) for the provision of administrative services provided to the Charity.” — page 15
“During the year Rebekah Steed, the spouse of Alex Steed, a Trustee, received remuneration of £660 (2024: £nil) for the provision of administrative services provided to the Charity.” — page 15
“The aggregate amount of donations to the Charity by Trustees and Related Parties amounted to £23,400 (2024: £23,000).” — page 15
“During the year Rebekah Steed, the spouse of Alex Steed, a Trustee, received remuneration of £660 (2024: £nil) for the provision of administrative services provided to the Charity.” — page 15
“The aggregate amount of donations to the Charity by Trustees and Related Parties amounted to £23,400 (2024: £23,000).” — page 15
Register events
- Received assets from another charity (04/12/2012)
Trustees
- Alex Christopher Steed
- Andrew David Smith
- ELizabeth Holop
- JERRY ABRAHAM
- LORRAINE SUSAN DUFF
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £142k | £152k |
| 31/03/2024 | £153k | £176k |
| 31/03/2023 | £167k | £211k |
| 31/03/2022 | £197k | £175k |
| 31/03/2021 | £125k | £126k |
Common questions
Is CHRIST FIRST WATFORD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £9,919 for the year, resulting in a decrease in total unrestricted funds from £137,375 to £127,456. The trustees confirm the charity is prepared on a going concern basis, citing adequate resources for the foreseeable future. The charity maintains a reserves policy targeting approximately six months of operating expenses, equating to £70,000, against which current unrestricted reserves of £127,456 are held. Its FY2025 accounts were independently examined.
Who funds CHRIST FIRST WATFORD?
Funders whose own accounts filings name CHRIST FIRST WATFORD as a grant recipient include THE ARK COMMUNITY CHURCH.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ARK COMMUNITY CHURCH | FY2023 | £1k | Advancement of the Christian Faith |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOBSON CHARITY LIMITED | 1 | £15k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |
Charities like this
- WATFORD WOODSIDE COMMUNITY CHURCH OF THE NAZARENE
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WATFORD
- THE HIGHTOWER CHURCH
- GODFIRST CHRISTCHURCH
- THE POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WALTHAM FOREST CHURCH
- REGIONS BEYOND UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHRIST FIRST WATFORD | £142k | — | 0 | unclear | — | no doubt |
| WATFORD WOODSIDE COMMUNITY CHURCH OF THE NAZARENE | £218k | £37,857.76 | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WATFORD | £482k | — | 0 | unclear | — | no doubt |
| THE HIGHTOWER CHURCH | £112k | — | 0 | unclear | — | no doubt |
| GODFIRST CHRISTCHURCH | £902k | — | 0 | above | — | no doubt |
| THE POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WALTHAM FOREST CHURCH | £2.6m | — | — | above | — | no doubt |