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THE SLADE EVANGELICAL CHURCH

Registered charity 1173777 · accounts filings on the Charity Commission register

The Slade Evangelical Church seeks to provide Biblical Christian teaching and ministry through Sunday services and midweek groups. It also seeks to reach out to and provide services to the surrounding area throughout the week through, for example, youth groups, meetings for elderly people, a toddlers and carers group, meals for the homeless and English classes for speakers of other languages.

Causes: Religious Activities · website · Get email alerts

Latest income
£408k
Latest spending
£293k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased to £1,570,546, driven by a significant legacy receipt and general giving exceeding budgeted figures. The charity paid off its remaining mortgage debt using legacy funds, resulting in a net asset position of £1,609,415 with no long-term creditors. The trustees confirm adequate resources for the foreseeable future with no material uncertainties regarding going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: unclear (held: £1.6m)
“The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Three trustees received remuneration of £99,243 and pension contributions of £4,902. Mrs A Gay, sister-in-law of trustee Graham Gay, received remuneration of £8,292.
“Three trustees received remuneration of £99,243 (2023: Two trustees £75,401) and benefits in kind in the form of pension contributions of £4,902 (2023: Two Trustees £3,770) in the current year. Mrs A Gay, sister-in-law of Graham Gay, a trustee, received remuneration of £8,292” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to trustees
“Three trustees received remuneration of £99,243 (2023: Two trustees £75,401) and benefits in kind in the form of pension contributions of £4,902” — page 16
“Mrs A Gay, sister-in-law of Graham Gay, a trustee, received remuneration of £8,292” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to trustee's sister-in-law
“Three trustees received remuneration of £99,243 (2023: Two trustees £75,401) and benefits in kind in the form of pension contributions of £4,902” — page 16
“Mrs A Gay, sister-in-law of Graham Gay, a trustee, received remuneration of £8,292” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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

Trustees · trustee networks

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

Operates in: Greenwich

Income and spending

Financial year endIncomeSpending
31/12/2024£408k£293k
31/12/2023£269k£251k
31/12/2022£254k£287k
31/12/2021£346k£315k
31/12/2020£422k£340k

Common questions

Is THE SLADE EVANGELICAL CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds increased to £1,570,546, driven by a significant legacy receipt and general giving exceeding budgeted figures. The charity paid off its remaining mortgage debt using legacy funds, resulting in a net asset position of £1,609,415 with no long-term creditors. The trustees confirm adequate resources for the foreseeable future with no material uncertainties regarding going concern. Its FY2024 accounts were independently examined.