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THE NORWEGIAN CHURCH

Registered charity 1176607 · accounts filings on the Charity Commission register · also registered in Scotland as SC054016 (OSCR)

Religious activities

Causes: General Charitable Purposes · Religious Activities · website · Get email alerts

Latest income
£860k
Latest spending
£886k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £25,517 for the year, reducing its total unrestricted funds from £3,648,427 to £3,622,910. The trustees confirm the charity remains in a strong financial position, supported by a formal cash flow guarantee from The Norwegian Head Office in Norway. Total funds at year-end stood at £3,948,399, comprising unrestricted and restricted balances.

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

What the accounts disclose

Reserves policy: 2 - 6 months costs (held: £3.6m)
“The trustees therefore consider holding reserves equivalent to 2 - 6 months costs to be appropriate.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Amount due to group undertakings (Sjamannskirken)
“As at 31 December 2024 the Charity owed Sjamannskirken the sum of £82,908 which is unsecured, payable on demand and non-interest bearing.” — page 30
“As at 31 December 2024 St Olav's House Ltd owed the Charity the sum of £3,211,611.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Amount due from subsidiary undertaking (St Olav's House Ltd)
“As at 31 December 2024 the Charity owed Sjamannskirken the sum of £82,908 which is unsecured, payable on demand and non-interest bearing.” — page 30
“As at 31 December 2024 St Olav's House Ltd owed the Charity the sum of £3,211,611.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: St Olav's House Limited
“The charity's plan for the construction of flats to the rear of the church has completed since the year end through the charity's subsidiary St Olav's House Limited.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Shaw Gibbs (Audit) Limited. Discloses 5 of 6 completeness components.

Corporate structure

ST. OLAV'S HOUSE LIMITED — latest Companies House iXBRL filing (balance sheet 2025-12-31)
  • Turnover: £214k
  • Profit/loss before tax: £-221k
  • Equity: £1
ST. OLAV'S HOUSE LIMITED — per its own Companies House accounts
  • Profit before tax: £-171k
  • Amounts due to parent undertaking: £3,211,610 (Note 6: £27,743; Note 8: £2,204,757 within 1 year + £1,006,853 after 1 year). Amount due to ultimate parent undertaking: £1,889,057 (Note 8).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/12/2024)

Total income
£860k
Total spending
£886k
Cost of raising funds
£136k
Reserves (reported)
£3.6m
Employees
11

Reported reserves equal ~49.1 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (66% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 15.8% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Ireland · Northern Ireland · Scotland · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£860k£886k
31/12/2023£766k£871k
31/12/2022£1.9m£584k
31/12/2021£576k£465k
31/12/2020£983k£605k

Common questions

Is THE NORWEGIAN CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £25,517 for the year, reducing its total unrestricted funds from £3,648,427 to £3,622,910. The trustees confirm the charity remains in a strong financial position, supported by a formal cash flow guarantee from The Norwegian Head Office in Norway. Total funds at year-end stood at £3,948,399, comprising unrestricted and restricted balances. Its FY2024 accounts were audited by Shaw Gibbs (Audit) Limited.

Who funds THE NORWEGIAN CHURCH?

Funders whose own accounts filings name THE NORWEGIAN CHURCH as a grant recipient include THE LUTHERAN COUNCIL OF GREAT BRITAIN.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE LUTHERAN COUNCIL OF GREAT BRITAINFY2021£13kCovid Support