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THORNGATE CHURCHER TRUST

Registered charity 1169965 · accounts filings on the Charity Commission register · also known as THORNGATE CHURCHER LIMITED

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Latest income
£4.0m
Latest spending
£3.4m
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Trust reported a surplus of £604,947 for the year ended 31 March 2025, driven by cost controls and high occupancy levels. While the Trust holds substantial unrestricted reserves of £8,411,257, it reported a net current liability position of £3,301,562, largely due to deferred income related to a new housing development scheme. The trustees and auditors confirm that the overall financial position is healthy and that there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £80,001 - £90,000 — above the median for charities its size (£70k)
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1 £80,001 - £90,000” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1 £80,001 - £90,000” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mr Mark Hook, Chairman and Trustee, is a director of GS Building Services. A transaction occurred on commercial terms during the year and was fully documented.
“Mr Mark Hook, Chairman and Trustee, is a director of GS Building Services. A transaction occurred on commercial terms during the year and was fully documented. Mr Hook is also a director of Court Barn Catering (Commercial) Ltd. No transactions between this company and the Trust have occurred during the year.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £1560.0m
“This actuarial valuation was issued to employers in August 2021 and showed assets of £5,148m, liabilities of £6,708m and a deficit of £1,560m.” — page 34
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by MC Audit Limited. Discloses 5 of 6 completeness components.

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

Total income
£4.0m
Total spending
£3.4m
Reserves (reported)
£8.4m
Employees
83

Reported reserves equal ~29.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

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

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
31/03/2025£4.0m£3.4m
31/03/2024£3.6m£3.2m
31/03/2023£3.2m£3.0m
31/03/2022£3.1m£2.7m
31/03/2021£2.8m£2.7m

Common questions

Is THORNGATE CHURCHER TRUST financially healthy?

The accounts state that the Trust reported a surplus of £604,947 for the year ended 31 March 2025, driven by cost controls and high occupancy levels. While the Trust holds substantial unrestricted reserves of £8,411,257, it reported a net current liability position of £3,301,562, largely due to deferred income related to a new housing development scheme. The trustees and auditors confirm that the overall financial position is healthy and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by MC Audit Limited.

What does the highest-paid employee of THORNGATE CHURCHER TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.