GOSPEL PATRONS UK
The advancement of the evangelical Christian faith for the benefit of the public in accordance with the statements of belief.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £76,653, which is above the trustees' policy target of covering three months of overhead expenditure. The charity reported a net income surplus of £3,826 for the year, with total income rising significantly to £183,390 compared to the previous year.
What the accounts disclose
“Income was £183,390 (2023: £68,207), and was mainly made up of donations totalling £136,639 (2023: £67,395).”
“The trustees aim to maintain a level of unrestricted reserves to be able to cover overhead expenditure for at least three months.” — page 4
“During the period the company received donations of £31,250 and £nil (2023 - £14,000, £35,485, £nil) respectively from S D Pillar, B Stone and S Pilcher.” — page 12
“A service agreement was entered into during the year with First Fruits Gospel Foundation to share the costs of a subcontractor, of £55,510 (2023 - £39,815).” — page 12
“During the period the company received donations of £31,250 and £nil (2023 - £14,000, £35,485, £nil) respectively from S D Pillar, B Stone and S Pilcher.” — page 12
“A service agreement was entered into during the year with First Fruits Gospel Foundation to share the costs of a subcontractor, of £55,510 (2023 - £39,815).” — page 12
“During the period the company received donations of £31,250 and £nil (2023 - £14,000, £35,485, £nil) respectively from S D Pillar, B Stone and S Pilcher.” — page 12
“A service agreement was entered into during the year with First Fruits Gospel Foundation to share the costs of a subcontractor, of £55,510 (2023 - £39,815).” — page 12
Trustees
- Simon David Pillarchair
- Akeel Husein Kurban Sachak
- Benjamin Stone
- Daniel McKinlay
- Simon Humphrey Westland PILCHER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £183k | £180k |
| 31/12/2023 | £68k | £75k |
| 31/12/2022 | £154k | £156k |
| 31/12/2021 | £122k | £106k |
| 31/12/2020 | £132k | £66k |
Common questions
Is GOSPEL PATRONS UK financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £76,653, which is above the trustees' policy target of covering three months of overhead expenditure. The charity reported a net income surplus of £3,826 for the year, with total income rising significantly to £183,390 compared to the previous year. Its FY2024 accounts were independently examined.