Challenge Ministries UK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £25,898 for the year, resulting in total funds decreasing from £98,568 to £72,670. The trustees' report notes that unrestricted reserves of £70k were held at the year end, which is within the stated policy target range of £50-70k. The charity transferred £300,314 in grants to Eswatini during the period.
What the accounts disclose
“The trustees seek to hold unrestricted reserves in the range of £50-70k.”
“Donations from trustees during the year totalled £56,464 (2023 - £46,659) There were no other related party transactions during the year (2023 - None) requiring disclosure.” — page 18
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- SIMON PHILIP HOWARDchair
- Caroline Jane Priestnall
- Glyn Williams
- Graham Brewer
- Mark Dowding
- Mark Herbert
- Timothy Ambrose Collett
- Timothy James Whan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £544k | £507k |
| 31/03/2024 | £461k | £487k |
| 31/03/2023 | £429k | £438k |
| 31/03/2022 | £372k | £375k |
| 31/03/2021 | £525k | £510k |
Common questions
Is Challenge Ministries UK financially healthy?
The accounts state that the charity reported a net expenditure of £25,898 for the year, resulting in total funds decreasing from £98,568 to £72,670. The trustees' report notes that unrestricted reserves of £70k were held at the year end, which is within the stated policy target range of £50-70k. The charity transferred £300,314 in grants to Eswatini during the period. Its FY2024 accounts were independently examined.
Who funds Challenge Ministries UK?
Funders whose own accounts filings name Challenge Ministries UK as a grant recipient include THE CHARIS TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE CHARIS TRUST | FY2024 | £3k |
| THE CHARIS TRUST | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £10k |
| THE HDH WILLS 1965 CHARITABLE TRUST | 1 | £3k |