LOVE THE STREET
We meet every Sunday morning to worship God, share tea and coffee together, and to pray for each other as well as any visitors who join us.
Financial health, per its FY2025 accounts
The accounts state that the charity held £6,181 in unrestricted funds at year-end, which is equivalent to two months of expenditure. The trustees consider the charity has resources to continue to operate for the foreseeable future. The charity made a small cash surplus of £94 for the period.
What the accounts disclose
“Rev David Frederick was paid £27,000 for his leadership of the church in that year.” — page 4
“The trustees have agreed to hold a minimum of three months expenditure in reserves, which would cover the need to wind up the charity unexpectedly. At year end the charity held £6,181 in unrestricted funds with no significant liabilities. There were no restricted funds or endowments This cash held at year end is equivalent to 2 months expenditure. The trustees will look to increase the cash reserves held in the future.” — page 3
“Rev David Frederick was paid £27,000 for his leadership of the church in that year. Rev David Frederick was also reimbursed for various expenses from his church leadership role work for travel and subsistence and telephone costs. The charity’s constitution allows for such payments. No payments were made to any other trustees. There were no related party transactions.” — page 4
“Rev David Frederick was paid £27,000 for his leadership of the church in that year. Rev David Frederick was also reimbursed for various expenses from his church leadership role work for travel and subsistence and telephone costs. The charity’s constitution allows for such payments. No payments were made to any other trustees. There were no related party transactions.” — page 4
Trustees
- Duncan Tolsonchair
- Andrew Bird
- Chloe Frederick
- DAVID FREDERICK
- Gabriella Abraham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £34k | £36k |
| 29/02/2024 | £34k | £36k |
| 28/02/2023 | £34k | £35k |
| 28/02/2022 | £30k | £34k |
| 28/02/2021 | £33k | £37k |
Common questions
Is LOVE THE STREET financially healthy?
Per its FY2025 accounts: The accounts state that the charity held £6,181 in unrestricted funds at year-end, which is equivalent to two months of expenditure. The trustees consider the charity has resources to continue to operate for the foreseeable future. The charity made a small cash surplus of £94 for the period. Its FY2025 accounts were independently examined.
What does the highest-paid employee of LOVE THE STREET earn?
Per its FY2025 accounts, the highest-paid employee was in the £27,000 band.