COMMISSION APOSTOLIC TRUST LTD
Latest income
£1.3m
Latest spending
£1.5m
Registered
2012
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £130,801 for the year, resulting in a decrease in total funds from £895,814 to £765,013. Per the trustees' report, free reserves of £443,615 remain above the stated policy target of two to four months of operating costs (£200,000–£400,000).
What the accounts disclose
Highest-paid employee band: £70,001 - £80,000 — below the median for charities its size (£76k)
“During the year 1 employee received remuneration between £70,000 and £80,000 (2022: 1 employee between £70,000 and £80,000).” — page 30
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: O Bolorunduro received £46,458 for role as Finance Director.
“O Bolorunduro is a trustee of the charity. During the year, O Bolorunduro received a salary, including pension contributions of £46,458 (2022: £44,394) for his role as Finance Director of the Charity.” — page 31
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Hope Church Winchester, where G Wood is a director.
“During the year, Hope Church Winchester, of which G Wood is also a director, donated £36,516 (2022: £34,489) to the charity.” — page 40
“During the year, Westminster Chapel, of which S Sloan is also a director, donated £20,332 (2022: £30,301) to the charity.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Westminster Chapel, where S Sloan is a director.
“During the year, Hope Church Winchester, of which G Wood is also a director, donated £36,516 (2022: £34,489) to the charity.” — page 40
“During the year, Westminster Chapel, of which S Sloan is also a director, donated £20,332 (2022: £30,301) to the charity.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Welcome Church, where L Green is a director.
“During the year, Hope Church Winchester, of which G Wood is also a director, donated £36,516 (2022: £34,489) to the charity.” — page 40
“During the year, Westminster Chapel, of which S Sloan is also a director, donated £20,332 (2022: £30,301) to the charity.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Citygate Church, where S Theunissen is a director.
“During the year, Hope Church Winchester, of which G Wood is also a director, donated £36,516 (2022: £34,489) to the charity.” — page 40
“During the year, Westminster Chapel, of which S Sloan is also a director, donated £20,332 (2022: £30,301) to the charity.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.3m
Total spending
£1.5m
Reserves (reported)
£153k
Employees
12
Trustees
- Charlotte Walker
- John Flewitt
- Lisa Green
- MILES BARTHOLOMEW JARVIS
- Mark Truesdale
- Oluwapelumi Ayomide Bolorunduro
- Thomas Hancock
- Tony Lynch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.5m |
| 31/12/2023 | £1.3m | £1.5m |
| 31/12/2022 | £713k | £832k |
| 31/12/2021 | £791k | £851k |
| 31/12/2020 | £971k | £992k |
Common questions
Is COMMISSION APOSTOLIC TRUST LTD financially healthy?
The accounts state that the charity reported a net expenditure of £130,801 for the year, resulting in a decrease in total funds from £895,814 to £765,013. Per the trustees' report, free reserves of £443,615 remain above the stated policy target of two to four months of operating costs (£200,000–£400,000). Its FY2023 accounts were audited by Saffery LLP.
What does the highest-paid employee of COMMISSION APOSTOLIC TRUST LTD earn?
Per its FY2023 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
Who funds COMMISSION APOSTOLIC TRUST LTD?
Funders whose own accounts filings name COMMISSION APOSTOLIC TRUST LTD as a grant recipient include SHEPPERTON COMMUNITY CHURCH, GRACE CHURCH EXETER, HOPE CHURCH WINCHESTER, GRACE CHURCH SALISBURY, CITY CHURCH BRISTOL.
Shared trustees with funders
- Mark Truesdale — trustee here and at CITYGATE CHURCH
Known funders
| Funder | Year | Amount |
|---|---|---|
| SHEPPERTON COMMUNITY CHURCH | FY2023 | £5.5m |
| GRACE CHURCH EXETER | FY2023 | £614k |
| HOPE CHURCH WINCHESTER | FY2022 | £39k |
| HOPE CHURCH WINCHESTER | FY2023 | £37k |
| GRACE CHURCH SALISBURY | FY2023 | £23k |
| CITY CHURCH BRISTOL | FY2023 | £23k |
| CITY CHURCH BRISTOL | FY2024 | £20k |
| GRACE CHURCH SALISBURY | FY2024 | £16k |
| HOPE CHURCH WINCHESTER | FY2024 | £11k |
| CITYGATE CHURCH | FY2022 | £9k |
| GRACE CHURCH CHICHESTER | FY2022 | £8k |
| RELATIONAL MISSION | FY2022 | £7k |
| GRACE CHURCH SALISBURY | FY2024 | £6k |
| GRACE CHURCH SALISBURY | FY2023 | £6k |
| NEW GROUND CHURCHES | FY2024 | £3k |
| HOPE CHURCH BEACONSFIELD | FY2022 | £2k |
| RELATIONAL MISSION | FY2023 | £2k |
| SHEPPERTON COMMUNITY CHURCH | FY2022 | £780 |
| GRACE CHURCH SALISBURY | FY2024 | £300 |
| NEW GROUND CHURCHES | FY2023 | £-4k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HOPE CHURCH HARROGATE | 1 | £18k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |