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THE MATTHEW MINISTRY

Registered charity 1166819 · accounts filings on the Charity Commission register

Latest income
£118k
Latest spending
£55k
Registered
2016
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted funds increased to £332,313, supported by incoming resources of £76,311 and net resources of £44,819. The charity holds no restricted funds and has no staff, with administrative duties undertaken by trustees. Cash resources grew to £94,273, while the charity maintains significant fixed assets in freehold property.

What the accounts disclose

Related-party transaction: Helen Lamb, the outgoing chair of the charity, is also a non-Executive Director of Kingdom Bank, the issuer of the mortgage mentioned in note 10 which is secured over the freehold land and buildings in note 7.
“Helen Lamb, the outgoing chair of the charity, is also a non-Executive Director of Kingdom Bank, the issuer of the mortgage mentioned in note 10 which is secured over the freehold land and buildings in note 7.” — page 9
“On 13 September 2022 the charity entered into a 25 year interest and capital bearing mortgage loan with Kingdom Bank, with a principal value of £525,000.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The charity entered into a 25 year interest and capital bearing mortgage loan with Kingdom Bank, with a principal value of £525,000.
“Helen Lamb, the outgoing chair of the charity, is also a non-Executive Director of Kingdom Bank, the issuer of the mortgage mentioned in note 10 which is secured over the freehold land and buildings in note 7.” — page 9
“On 13 September 2022 the charity entered into a 25 year interest and capital bearing mortgage loan with Kingdom Bank, with a principal value of £525,000.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The total amount outstanding to Kingdom Bank at 31 December was £512,393 (2022: £522,432).
“Helen Lamb, the outgoing chair of the charity, is also a non-Executive Director of Kingdom Bank, the issuer of the mortgage mentioned in note 10 which is secured over the freehold land and buildings in note 7.” — page 9
“On 13 September 2022 the charity entered into a 25 year interest and capital bearing mortgage loan with Kingdom Bank, with a principal value of £525,000.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Other loans are unsecured and non interest bearing. They are lent to the charity for a fixed term five year period expiring on 9 August 2027.
“Helen Lamb, the outgoing chair of the charity, is also a non-Executive Director of Kingdom Bank, the issuer of the mortgage mentioned in note 10 which is secured over the freehold land and buildings in note 7.” — page 9
“On 13 September 2022 the charity entered into a 25 year interest and capital bearing mortgage loan with Kingdom Bank, with a principal value of £525,000.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The trustees are grateful for donations of £33,004 during the year from planned giving, annual gift days and other donations.
“Helen Lamb, the outgoing chair of the charity, is also a non-Executive Director of Kingdom Bank, the issuer of the mortgage mentioned in note 10 which is secured over the freehold land and buildings in note 7.” — page 9
“On 13 September 2022 the charity entered into a 25 year interest and capital bearing mortgage loan with Kingdom Bank, with a principal value of £525,000.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Cambridgeshire

Income and spending

Financial year endIncomeSpending
31/12/2024£118k£55k
31/12/2023£76k£31k
31/12/2022£84k£19k
31/12/2021£110k£771
31/12/2020£111k£60

Common questions

Is THE MATTHEW MINISTRY financially healthy?

The accounts state that unrestricted funds increased to £332,313, supported by incoming resources of £76,311 and net resources of £44,819. The charity holds no restricted funds and has no staff, with administrative duties undertaken by trustees. Cash resources grew to £94,273, while the charity maintains significant fixed assets in freehold property. Its FY2023 accounts were independently examined.

Who funds THE MATTHEW MINISTRY?

Funders whose own accounts filings name THE MATTHEW MINISTRY as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SEPULCHRE CAMBRIDGE.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SEPULCHRE CAMBRIDGEFY2023£25k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY SEPULCHRE CAMBRIDGEFY2023£7k

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