Charity Accounts Intelreading the accounts so you don’t have to

GRACE LONDON

Registered charity 1161147 · accounts filings on the Charity Commission register

Grace London carries out a number of activities in order to advance the Christian faith for the benefit of the public (the "Object"), primarily by means of church services and other public events, presenting the message of the Christian faith at live events and published material. The charity also supports other individuals/organisations engaged in the same Object.

Causes: Religious Activities · website · Get email alerts

Latest income
£1.1m
Latest spending
£1.1m
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a small deficit of £7,672 for the year ended 31 March 2025, resulting in a decrease in net assets to £985,222. The trustees consider the charity is complying with its reserves policy, holding unrestricted cash of £754,847 against a target of approximately £200,000. The independent auditors issued a qualified opinion due to an inability to obtain sufficient appropriate audit evidence regarding opening balances as of 1 April 2024.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (92% of income)
“Donations of cash and similar 860,134” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of payroll and rent expenditure, which equates to around £200,000 (held: £755k)
“The Trustees have determined that the Charity should aim to hold unrestricted reserves of approximately three months of payroll and rent expenditure, which equates to around £200,000.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Audit opinion: qualified
“We were unable to obtain sufficient appropriate audit evidence regarding the opening balances as of 1 April 2024.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Andrew Haslam received remuneration for his role as Senior Pastor (£82,950 salary + NI + pension). No other trustees received remuneration.
“Trustee, Andrew Haslam, received remuneration for his role as Senior Pastor as detailed in note 9. No remuneration was received for his Trusteeship role. No other Trustees received remuneration or benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“During the year the Church received donations of £65,439 (2024: £57,279) from related parties (which includes Trustees, any other members of key management and anybody closely connected to them). Janice Boardman, who is closely related to Luke Boardman, a Trustee, received employment benefits totalling £10,232 (2024: £9,234) for providing project related services to the Church.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Brewers Chartered Accountants. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.1m
Total spending
£1.1m
Reserves (reported)
£755k
Employees
13

Reported reserves equal ~8.3 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (92% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£1.1m
31/03/2024£955k£681k
31/03/2023£658k£453k
31/03/2022£586k£360k
31/03/2021£499k£273k

Common questions

Is GRACE LONDON financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a small deficit of £7,672 for the year ended 31 March 2025, resulting in a decrease in net assets to £985,222. The trustees consider the charity is complying with its reserves policy, holding unrestricted cash of £754,847 against a target of approximately £200,000. The independent auditors issued a qualified opinion due to an inability to obtain sufficient appropriate audit evidence regarding opening balances as of 1 April 2024. Its FY2025 accounts were audited by Brewers Chartered Accountants.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ALMOND TRUST1£100k
FIRST IPC PRESBYTERY OF THE UNITED KINGDOM1£20k
GOSPEL PARTNERS TRUST1£10k
GRACE CHURCH UPTON1£6k
THE HOWARD FOUNDATION1£1k
THE BISHOP RADFORD TRUST1£800

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GRACE CHURCH GREENWICH.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GRACE LONDON£1.1m——above—no doubt
GRACE CHURCH GREENWICH FY2025£779k—0above—no doubt
GRACE CHURCH COVENTRY FY2025£110k—0above—no doubt
GRACE COMMUNITY CHURCH FY2025£85k——unclear—no doubt
DOME OF GRACE INTERNATIONAL CHURCH FY2025£129k—0no_policy—no doubt
GLOBAL CHURCH OF GRACE MINISTRIES FY2025£194k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.